BUSINESS FUNCTIONS “A mission statement describes an organisations basic purpose”. Using examples illustrate your answer; explore the idea that mission statements should reflect an organisations purpose. Introduction This essay is aimed at understanding what a mission statement is‚ why they are made and whether or not it reflects an organisations purpose. The essay will start by defining mission statements it will also be describing
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P1 describe the type of business‚ purpose and ownership of two contrasting businesses. For this assignment I am going to select two businesses‚ one which will be local and not-for-profit organization and the second will be an international business and for profit. The two businesses I have chosen to use for this task are Asda Stores Ltd. and Welcare‚ Reigate. Type of Business: Asda Stores Limited‚ commonly known as ASDA‚ is the second largest retail store and a national public limited company
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The type of business‚ purpose and ownership of two contrasting business In this task‚ I will be describing the type of business‚ purpose and ownership of Thorpe Park and Langley Park for girls. For each organisation‚ I will have to describe the range including local‚ national‚ international and global; public‚ private‚ not-for-profit and voluntary; primary‚ secondary and tertiary. Furthermore‚ I would describe the purpose which also includes product/service and the difference between profits or
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P1: Describe the type of business‚ purpose and ownership of two contrasting businesses. I will be speaking about two organisations the first organisation I have decided to discuss is ASDA and I will follow it of by McDonald’s as the second organisation. Asda is a Public company and is a British supermarket chain which supplies various services to the customers such as: Clothing‚ Food‚ and General Merchandise etc. It has become a multi-national store leading of its subsidiary of Wal-Mart which
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also makes sure that organisations always produce and sell the goods that consumers really want. Asda is engaged in food‚ clothes‚ electronic and furniture selling. Consumers like price competition‚ as it means they can buy goods at low prices and save money. Asda is a large national company that makes a profit and it is private as well. Asda has a limited liability which means that they might lose the money they have invested in a business. This company is an incorporated business and it is also a public
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Assignment 1 How organizations use information Kieran Westgarth Contents What is Information? 2 Qualitative 2 Quantitative 2 Primary 2 Secondary 3 How is information used? 3 Sources of Information 3 External Sources 4 Internal Sources 4 Reliability of Data Sources 5 Good information 5 Valid 5 Reliable 5 Timely 6 Fit for Purpose 6 Accessible 6 Cost-effective 6 Sufficiently Accurate 7 Relevant 7 Having the right level of detail 7 From a source in which the user has confidence 7 Understandable
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P5-Describe the influence of two contrasting economic environments on business activities within a selected organisation Within my selected organisation‚ Tesco‚ there are 2 important economic environments that have an influence on business activities. Both economic environments will have a different way on affecting Tesco. The economic environments are growth and recession. Economic growth occurs when more goods are being produced and consumed‚ and incomes are rising. A growth company tends to
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customers know that the Eden Project is for charity‚ they are not so concerned about how much they spend as they know that the money goes towards a good cause. Customers that come from Devon and Cornwall are offered a reduced price. | A large amount of customers are key to ensuring that Coco-Cola have high profits. This means that Coca-Cola will want to make sure their products are of a good quality to ensure business in future. Coca –Cola will want to ensure customers choose them over their nearest
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Describe the different stakeholders who influence the purpose of two contrasting organisations (you must choose one public and one private or one local and one national organisation) P2 Introduction – What are you writing about? Explain what stakeholders are. List internal and external stakeholders. Describe each stakeholder Introduction In this task‚ I will be talking about the different stakeholders of the two organisations. I have chosen the two organisations are the Harris Academy Peckham
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1.1 Identify the purpose of different type of organization In the business world‚ there are several types of organizations. They are: (1) Sole proprietorship (2) Partnerships (3) Corporations (4) Franchising organization (5) Non-profit organizations I will talk about MC Donald’s to illustrate its type of business organization. Franchising is the practice of the right to use a firm’s successful business model and brand for a prescribed period of time. (http://en.wikipedia.org/wiki/Franchising)
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