UNIT 16 P1/M1 INTERNAL PLANNING FACTORS EXPLANATION Why it is important? ORGANISATIONAL NEEDS The priority concerns and requirements of an Organization’s customers and stakeholders. The state of organization performance in relationship to its mission and goals The state of knowledge and ability of organization employees The workforce needs to be able to adapt to changes. Changes in a business happen very regularly and it can affect the way a business is run. Internally
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This is done by customer surveys giving information about what people think about the business and the research and development department taking it on board and informing the administration and support department. Research and development Tesco like to spend allot of their time researching and developing as they want to have the big
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M2(Unit 37) - Assess the social implications of business ethics facing a selected business in its different areas of activity Environment- the environment can affect the human activity. So for example; global warming which is the warming of the planet’s surface that is caused by carbon dioxide. In order to run a business efficiently they would need to make sure that their customers are aware of all the environmentally friendly activities that they do and that they are not harming the environment
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Unit 5: Business Accounting Memo TO: Chief Executive Office FROM: SARAH (Finance Manager) PRIORITY: High SUBJECT: Purpose of accounting in Pompomi Incorporated DATE: Monday 18th October 2012 CC: Financial accounting is the means of measuring of the company’s economic performance. The purpose of accounting is to provide the information that is needed for sound economic decision making. The main purpose of financial accounting is to prepare financial reports that provide information
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poster on the street and it will have all the details on it and if the individual is interested they will contact the employer and arrange an interview. The relevance of a job interview in a candidate’s point of view is that they will have the opportunity to apply for this job that is needed from the company but‚ they only have a certain amount of time‚ if a candidate applies for the job after the closing date‚ the company will not take any more interviews and they will remove the job advert from
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don’t want me to make this mistake. This is why I want to prove to you that I can make my business successful‚ by mentioning how I will prepare to market and sell my products/services. To be able to attract customers‚ I will ensure that I do my market research correctly‚ so I can then know who I will be ideally suited to attract. I will ensure that for my customers‚ I will communicate that makes my business stands out so I can get more customers. I can also get help from market research professionals
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Recruitment Theory In this task I am going to be defining the recruitment process and documentation components. Recruitment is a process in which allows businesses to obtain selected qualified people to attend to a job vacancy. The recruitment process is the steps in order to successfully pick suitable employees that match the specifications. There are typically seven steps included in the recruitment process to ensure the right person is selected: ● ● ● ● ● ● ● Indentify vacancy
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that delivers to all areas in the UK. Recently it has have received a substantial amount of investment and Board of directors have decided to grow the organisation by offering overseas delivery services. You are required using the above case study to answer the following task questions. Task1- Recruitment‚ selection and Retention 1a) As part of the expansion plans fast Track intends to recruit 5 new employees‚ 33 drivers and 2 administrators. Suggest a suitable recruitment and selection
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segments that are divided will serve as fully functional units that perform stated functions. For example‚ a company’s sales department is a common functional area‚ and the staff in this area would all be focused on selling the company’s products. Explain why functional areas are important to a business? A business’s functional areas are the departments depending upon the company’s management structure that manages the main functional areas of business in a company. Most businesses share the main functional
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Unit 4 – P1 – explain different types of business information‚ their sources and purposes Verbal Communication Speaking verbal to someone is speaking out loud. This includes talking face to face‚ in a meeting or in an interview. The advantages of verbal communication are it is a fast way to reach information but this information can be easily forgotten. Another advantage is that speech is direct and straight to the point. Another advantage is that if you ask a question you get answer straight
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