BTEC Level 3 Business Unit 2 Business Resources P3 Theory P3 ‘Describe the main physical and technological resources required in the operation of a selected organisation’. What are physical and technological resources? Physical resources are buildings‚ maintenance and security of a premises. Technological resources include the physical equipment‚ designs and drawings. Physical Resources Buildings and facilities: Any business needs a premise from where it can operate. E.g. Home
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Tesco’s Virtual Store: From South Korea to the United Kingdom Tesco introduced a virtual store concept in South Korea that has been successful. I would recommend that Tesco introduce a similar store concept to the United Kingdom. There are similarities between the Seoul and London markets that give confidence that a similar store concept would be successful in London as well. Both cities are of a similar size‚ about 9 million people‚ with similar average incomes (Exhibit 5). The virtual store
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Internal and external sources of finance for Tesco Internal sources of finance (Tesco) Retained earnings: A source of finance used by Tesco is retained earnings. Tesco re-invest a certain percentage of their end of the year profits back into Tesco‚ so they can improve it. Each year Tesco decide how much money they re-invest‚ this depends on the profit they make. Fixed assets: Another type of an internal source of finance for Tesco is fixed assets. Fixed assets are an asset that is not consumer or
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Tesco For my assignment I have chosen Tesco’s. In order for this business to operate it needs four factors of production; the capital‚ the labourer‚ the entrepreneur and the land. In this essay I will include information on Tesco’s Physical‚ technological‚ human and financial resources. Tesco’s physical resources include their premises‚ plant‚ machinery‚ equipment‚ materials and stock. Tesco’s technological recourses include; intellectual property‚ experience and skill‚ software licensing‚ patients
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The Queen Mary’s hospital organisational structures are done in a Matrix structure. A matrix structure is mainly to use when workers in a whole team is organised in to different things this mean that a managing director has some other worker as his assistances. This is showed in the matrix structure clearly for the NHS This is helpful because the NHS has to follow the orders from the government then senior staff then the normal staff so this whole team of worker is speared form the head to the staff
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communicating business information that Tesco could use and one of them is by E-mail. E-mail also known as Electronic mail is a way of exchanging digital messages from one or more individuals to another. With E-mails you can accept‚ deliver‚ store and forward messages. E-mails are not expensive because to be able use to e-mails you only need internet connection which nearly enough every business has. This could be as useful way of communicating business information for Tesco because it’s very private and
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P3 – Describe how two businesses are organised P4 – Explain how their style of organisation helps them to fulfil their purposes Unit 1 Business Environment Hierarchy Hierarchy The shape of a hierarchical organisational structure is the pyramid. A hierarchical organisation is a group of objects structured to be subordinate to a central idea or person. The person in charge sits at the top of the pyramid (paid most). Each job description (manager‚ deputy manager etc.) sits below the top in
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Unit 5 Accounting Christian Charalambous Telephone Number: 01454 265886 E-mail: HarveysPF@furnitureplus.com We are proud to welcome you aboard the team here at Harvey and Company pine furniture business‚ you will be a part of a leading company and as a team we have high expectations to sell good quality to members in the retail market. The products that we offer is a wide range of new furniture for the members of the public which can be only be purchased in pine wood. Many of our products can
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Nutrition- P3 * Socio- cultural * Socialization * Social policy * Health factors * Dietary habits * Lifestyle * Economics Food is essential for life‚ our dietary intake is influenced by many different factors this includes: Children act 2004- every child matters. Health Factors There are several different conditions which can influence the foods that we eat. For example Celiac Disease‚ Celiac disease is a disorder caused by a sensitivity to gluten. When the gluten
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13B – Distribution and constituents of fluids P3: Distribution and constituents of body fluids – M2: Explain functions of the constituents of body fluids - Constituents of body fluid - The human body consists mostly of water‚ and is a major constituent to the human body and vital organs; of this 90% include blood plasma‚ lymph‚ urine‚ saliva‚ digestive juices‚ bile‚ cerebrospinal fluid and tissue fluid. Water enables substances to be transported throughout the body‚ red blood cells for example
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