Economic Environment The impact that a change in Government Decisions will have on my business could be done through many ways‚ one of these is that it could change how customers of Apple act as they may need to follow certain laws such as taxes which would impact customer’s spending. Another way Apple can be impacted is that government would stop people of the country using certain technological services such as blocking of the internet and Wi-Fi‚ and this would then impact the sales of this in
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assignment “Business and the Economic Environment” is to identify and understand terms used by many individuals. The terms used may be economy‚ GDP‚ recession‚ growth or even inflation. These terms ultimately have great effect and implications upon a business on its running. The assignment shall also look at different aspects of the United Kingdom’s economic environment and the recent changes that have gone on to affect it. Ultimately the assignment shall seek to link business and the economic environment
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Unit 38: Business & the Economic Environment Task 1 – P1‚ P2‚ M1 & D1 Introduction In this assignment I am going to explain the effects of changes in the economic environment for Nissan UK. I am then going to analyse the impact that government policies have on Nissan UK. I am then going to evaluate the impact of changes in the economic environment to Nissan UK. The effect of changes in the economic environment has an effect on Nissan UK. This has been shown in the way the economy has
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M3 Analyse how evaluating a business event informs future planning. Identify different methods of evaluation‚ e.g. questionnaires for delegates or a debriefing session‚ explaining how they contribute to identifying problems and providing solutions for future events. What is evaluating? Evaluation is an assessment of something or making an observation of the outcome whether good or bad. An example of evaluating is after the Year 8 disco‚ was the year 8 pupil’s filing out an evaluation form on how
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Managing Resources Within this work I am going to explain why business needs to manage their resources when controlling a budget. People One aspect where managing resources will need to be used is for employees and staff as they will need to be able to do the job correctly and to customer satisfaction. For example they will need skills and qualities‚ which will be needed within the job that they are currently doing. This is because they will need to perform the job to the best of their ability
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UNIT 1 M3 M3: Assess your communication and interpersonal skills in relation to each interaction. For this assignment‚ I had to plan‚ be involved in and review two interactions within health and social care‚ one had to be one-to-one role play‚ and the other had to be a group role play. I am going to write a detailed description off the skills I used in the interactions‚ and explain my strengths and weaknesses of my interpersonal skills that I used in each interaction. One-to-one role play In
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Unit 2 - M3 As mentioned briefly in the previous assignment there’s covert discrimination this is discrimination which is concealed and can go unnoticed this can pose as a problem. I will talk about 3 reasons why promoting anti-discriminatory practice may be difficult. Culture and Beliefs Different cultures and beliefs can have an effect on implementing anti-discriminatory practice. One example of this preventing anti-discriminatory practice is though in a culture saying ’please’ and ’thank
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compare her achievement through financial methods such as ratio analysis she has managed to obtain some data from her competitor which is called “Polish Cuisine Imports”. They are a direct competitor to Polish Fine Foods as they are also wholesale business importing foods‚ drinks and other products from Poland and selling them to small retailers. The financial information that Ania collected is as follows: Polish Fine Foods Polish Cuisine Imports Difference PFF-PCI Solvency Ratios Current Ratio 1
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Edexcel HNC Diploma L4 Unit Name | Business Environment | | | Unit No | 1 | Staff Name | Y.Price | Student Name | Darren Griffiths | | | Hand out Date | Sept 2010 | Hand in Date | 6 p.m.11 Oct 2010 | Late Submission | | | | Date agreed | | Staff Signature | YPrice | Assignment 1 Assessment criteria to be assessed:- LO1 -1.1 Identify the purposes of different types of organisation1.2 Describe the extent to which an organisation meets the objectives of different stakeholders
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A coherent marketing mix M3 unit 3 In this part of my assignment am going to be developing a coherent marketing mix. I think that the marketing mix should be coherent because for a product to be successful the marketing mix has to be logical‚ getting all the marketing mix right will determine the success or failure of the product. We decided to design and make a lipstick that will last for as long as wanted‚ forever even. We decided to call the product “Eva
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