BTEC L3 Diploma in Business Unit 21: Aspects of contract & Business law Date issued: Monday 14th March 2011 Completion date: Friday 15th July 2011 Assessment and assignment Activities Learning Outcomes On completion of this unit a learner should: 1. Understand the legal requirements for a valid contract 2. Understand the meaning and effect of terms in a standard form contract 3. Understand the impact of statutory consumer protection on the parties to a contract 4. Know the remedies available
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CONTENTS PAGE Introduction……………………………………………………………….Page 3 First Organisation 1.0…………………………………………………...Page 3 Second Organisation 2.0……………………………………………….Page 3 What goods do Marks and Spencer’s sell? 1.1...............................Page 3 What service does Cancer Research offer? 2.1..............................Page 3-4 Business Activity 1.2…………………………………………………….Page 4 Business Activity 2.2…………………………………………………….Page 4 Business Sector 1.3………………………………………………..........Page 4 Business Sector 2.3……………………………………………………
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Marketing strategy is defined by David Aaker as a process that can allow an organization to concentrate its resources on the optimal opportunities with the goals of increasing sales and achieving a sustainable competitive advantage. Marketing strategy includes all basic and long-term activities in the field of marketing that deal with the analysis of the strategic initial situation of a company and the formulation‚ evaluation and selection of market-oriented strategies and therefore contribute to
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is what a business uses to keep track of their finances throughout the previous twelve months. Keeping profit and loss accounts is very important because it helps the business keep track of what they are spending. It is important that a business keeps track of their finances so that they know how much money they expect to come in to the business and if they need to prepare for a drop or rise in profits. Keeping profit and loss accounts allows the business to see what months the business does well
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influence of two contrasting economic environments on business activities within a selected organisation We are going to investigate the way in which the economic climate has affected Sub Xpress (based in the UK) and BMW (based in Germany). Introduce the two businesses. Inflation Define inflation You need to describe the current inflation rate in the UK. Include a graph. Explain what this means to Sub Xpress Think costs to the business Think prices to the customers Think affordability
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Marketing is by definition‚ “the management process responsible for identifying‚ anticipating and satisfying customer requirements profitably. It is recommended within a company that every member is aware and partly responsible for the marketing strategy. Adopting the Marketing Concept or being Market Orientated is not the only option into which a company can progress down. The other three areas are‚ 1. Sales Orientated – where by the main focus of the company is selling whatever the product is and
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Introduction to Business Business plays a major role within our society. It is a creative and competitive activity that continuously contributes to the shaping of our society. By satisfying the needs and wants people cannot satisfy themselves‚ businesses improve the quality of life for people and create a higher standard of living. It is a way for individuals to provide goods and services to consumers‚ and at the same time‚ produce a profit for themselves. Businesses are not only important
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Programme: BTEC Higher National Diploma in Business (Marketing) Unit Title and Number: Marketing Planning (Unit 19) QFC Level and Credit value: 5; 15 credits Module Tutor: John Oakshott Email: johnoakshott@mrcollege.ac.uk Date Set: 8/5/2014 The above authenticity statement will be a tick box requirement when uploading onto Moodle. Programme: BTEC Higher National Diploma in Business (Marketing) Unit Title and Number: Marketing Planning (Unit 19) QFC Level
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Unit Title: Introduction to Business Level: 3 Learning Outcomes and Indicative Content: Candidates will be able to: 1. Unit code: IM Learning Hours: 100 Understand and describe the nature and purpose of business in terms of what businesses do‚ what resources they need and who they are accountable to 1.1 1.2 1.3 Explain the needs of different stakeholders in a business; owners/shareholders‚ customers‚ employees‚ management‚ suppliers‚ creditors and government Describe the inputs required by
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INTRODUCTION TO BUSINESS ASSIGNMENT 2/27/2013 SUBMITTED BY: THE RISING SUN 1ST SEMESTER‚ 1ST YEAR DEPARTMENT OF MANAGEMENT STUDIES UNIVERSITY OF BARISAL SUBMITTED TO: EASNIN ARA LECTURER OF MANAGEMENT STUDIES UNIVERSITY OF BARISAL BUSINESS Business come from the latin word “biznis”. Business means being busy at any work. When a man engaged in buying and selling products in order to earn profit. Business refers to
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