both the food and non-food parts of the business. So I will be describing the recruitment documentation used Tesco (P1); describing the main employability‚ personal and communication skills required when applying for a specific job role (P2); describing the main physical and technological resources required in the operation of Tesco (P3) and explaining how the management of human‚ physical and technological resources can improve the performance of the business organisation. 2.0 Procedure: In order
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Unit 203 Unit 203- work in a business environment 1.1 describe what is meant by diversity and why it should be valued Diversity can be differences in race‚ heritage‚ customs‚ belief systems‚ physical appearance‚ mental capabilities; etc Diversity should be respected and valued because nobody is completely the same as anyone else‚ even within the categories above. People tend to reject what is different. We must value our diversity in order to work together. 1.2 describe how to treat
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Introduction A Strategic Business Unit (SBU) is when a unit comprises one or more products having a common market base whose manager has complete responsibility for integrating all function in to a strategy against an identifiable competitor. An SBU is composed of a product or product lines having identifiable independence from other products or product lines in term of competition‚ prices‚ substitutability of product‚ style/quality‚ and impact of product withdrawal. (Kendrick‚ 2009) Sometimes
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European type jaw crusher in mine materials is commonly used for primary crushing or secondary crushing. Euro jaw crusher is advanced stone crushing equipment researched by hong heavy industry. The device adopts the most advanced international crushing technology and manufacturing level‚ which is the first choice for crushing hardness and strong abrasive materials. Highway‚ railway‚ airport pavement and other projects all give priority to basalt and other hard rocks‚ the specifications are around
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exactly what they want is known as market orientation. JD Sports is a market-orientated business carries out research to find the needs and wants of consumers. It then uses the findings to design products and marketing strategies to satisfy these needs. This compares to product orientation which focuses first on developing a product and then seeks ways to persuade the consumer to buy it. They manage the balance of its marketing mix around its consumers’ needs in order to achieve business growth.
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Marketing Techniques P1 & M1 1. Examine the marketing techniques below‚ explain how each of the businesses utilise these marketing techniques to market their products (look at news articles for both businesses) |Marketing Techniques |Business1:Coca-Cola |Business2:Mc Donald’s | | | | | |Growth Strategies
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see us. We learn a great deal from the feedback of others‚ and from past failures and mistakes. 1.3 Describe ways of evaluating your own work. I will look at things like‚ what part of my day to day job takes the most time‚ and what actions can be taken to do it in less time‚ I will look at the best part of the job that I am doing‚ and also look at areas where improvements are needed. I will speak to more experienced people regarding this‚ and take proper advise and guidance. I will agree and develop
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Ansoff Matrix Ansoff’s Matrix: A method by which businesses can classify their strategies for expansion. It includes; Market Penetration‚ Product Development‚ Market Development and Diversification. Market penetration Market penetration is the name given to a growth strategy where the business focuses on selling existing products into existing markets. Market penetration seeks to achieve four main objectives: • Maintain or increase the market share of current products – this can be achieved
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Overall I think that P1 was a success. The group had good team dynamics and I feel that our design was successfully created and implemented. The team met weekly through the use of workshops and one or two meetings. This was to go over what needs to be done and what has been done already. Any major tasks were also divided between members and this is where we planned out our solution. Everyone contributed and no one was spoken over. However as we progressed through the project people became more familiar
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Chapter 9 Formation of Traditional and E-Contracts TRUE/FALSE QUESTIONS 1. Contract law does not distinguish between promises that create only moral obligations and promises that are legally binding. False. 2. In contract law‚ intent is determined by the personal or subjective intent‚ or belief‚ of a party. False‚ intent is determined by the objective theory of contracts 3. A bilateral contract comes into existence at the moment promises are exchanged. True‚ “promise for a promise” 4. If a voidable
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