an effect on something. Most business operators will keep a watchful eye on any political factor‚ such as new legislation or regulatory shifts‚ which could have a substantial impact on how their business operates and its bottom line. Economic Factors- The set of important information that affects a business or an investment ’s value. Various economic factors need to be taken into account when determining the current and expected future value of a business. For a business‚ key economic factors include
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Unit 1: The Business Environment Assignment 2: The Purpose of Business P3 – Describe how two businesses are organised. In this assignment I will be discussing about how two businesses are organised. The two businesses that I will be discussing about is BHP Billiton and Battersea Dogs and Cats home. The first business that I will be discussing about is BHP Billiton and how they have organised their business.BHP Billiton is an Anglo-Australian multinational mining‚ metals and petroleum company headquarter
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Two businesses on our doorstep NHS Describe the types of business‚ purpose and ownership of two contrasting businesses The National Health Service (NHS) is an organisation in the Public sector‚ this means that it is provided and funded by the government through taxes‚ and it provides a service. It is health care system‚ provided to anyone regardless of age‚ race and income; free of charge to prevent diseases and illnesses. It was founded in 1948 with the aims to improve the quality
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P1 Attributes and Barriers P2 Principles of Effective Communication P3 & M1 Barriers Unit 1 Communication and Employability skills Table of Contents Contents Introduction I am working for a company called ICTIB and they have asked to do some research. In my report‚ I will be clarifying thoughtfully why the attributes are valued and also the principles of effective communication. I will be considering the following points to clarify this
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miscommunication in offices. From this article I realize how much one fiber optic cord as its effect on speed. The cost may seem high but worth investing because we live in a society that needs information right now so the time I would take a person on the first floor to run to tenth floor using a fiber optic cord and connecting the computers you could have a own conversation and have everything you need in
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company for business purposes as they rely on them to keep the demand coming in for supplies. Owners: An owner might be a sole trader or a partnership but it a company‚ the owner will be the shareholders. They are often thought as the most superior stakeholders as they could possibly have put a fraction of their life into setting up the business. They look at themselves as being major risk takers and they like to see share of profit frequently increasing and the value of their business also rising
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within the business. For example business can sell items it owns that are no longer really needed to free up cash. • External financial sources: are funds found outside the business‚ e.g. from banks giving loans Short term Medium term Long term External • Overdraf • Short-term Loan • Hire Purchase • Mediumterm Loan • Hire Purchase • Leasing • Long-term Loan • Shares • Debentures internal • Trade Credit • Retained Profit • Retained profit • Sale of Assets • Sale and Leaseback Source 1: External
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products then the more successful the business will be. The customers can tell others about the business. | Staff | The staff would be interested to see if anything happens in the business‚ also to see how many other staff are employed. The staff would be communicated by the business by newsletter or meetings on a regular basis about new products etc. as they are internal stakeholders. Also staff gets paid by the company which influences them to be better. | The business is influenced by the staff as
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an organisation to different economic environments. The advice given for D1 on the assessment of ‘evaluate’ applies equally to this criterion. Economic Factors During the economic growth‚ the automobile industry was also growing‚ and Ford’s business expanded rapidly‚ and the demand for their products increased as people could afford luxury goods. During these times‚ customers could afford more so Ford was bringing out newer more expensive models. During the recession‚ Ford sold off its subsidiaries
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UNIT:2 P4 P4: Describe sources of internal and external finance for a selected business. Introduction: In this particular task of the unit I will describe the internal and external finance sources for a particular selected business. In this task I will use the same company as I did before in the previous part of the unit. The name of the company is : Media Markt. In this task we will get to know where money actually comes from to actually create such a big company which is well known of its
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