...St Cuthbert Mayne COURSE: BTEC Extended Diploma in Business (QCF) COHORT: 2014 - 2016 UNIT: 1 – The Business Environment (10 Credits) ASSIGNMENT 1 – Two Businesses on our Doorstep Learner Outcomes: 1. Know the range of different businesses and their ownership 2. Understand how businesses are organised to achieve their purposes Scenario: You work as a junior journalist for the local newspaper which is planning to run a feature article on local businesses Task: 1. Learners must describe (P1) the type of business, purpose and ownership of two contrasting businesses 2. Learners must describe (P2), explain (M1) the different stakeholders who influence the purpose of two contrasting businesses 3. Learners must describe (P3) how two businesses are organised 4. Learners must explain (P4) how their style of organisation helps them to fulfil their purpose 5. Learners evaluate (D1) the influence different stakeholders exert in one organisation TIP – Include the following: Range of different businesses Local, National, International, Global, Public, Private Not for profit/voluntary Sectors of business activity (primary, secondary, tertiary) Business purposes Supply of products or services, Difference between profit and not-for profit organisations Ownership Public, private & voluntary sectors Types of ownership (sole trader, partnerships, private and public limited companies, government agencies, worker cooperatives, charitable trusts) Main implications...
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...Lindt chocolate. Delivery Food Delivery service has revolutionized the food industry. With a quick phone call, or a quick online search, you can have food delivered to your doorstep within the next few minutes or in some cases, days. Lindt chocolate café’s do not provide any quick food delivery services, although if you are living in the USA, you are able to purchase their products online and have them shipped to you; a service not currently available in Sydney. The telecommunications revolution has not only change the way we communicate, but is used in our every-day activities as well. We are able to utilise the Internet or make a simple phone call and order certain products at any time of day. Strengths: * Limited start up risk * Ability to sell products online or over phone * Information website with opportunities to promote further products | Weaknesses: * Diminish Lindt’s high quality characteristic * Transportation costs * Limited flexibility in pricing * Competition providing quicker service | Opportunities: * New customer base * Marketing opportunities on appropriate days e.g. valentines day | Threats: * Insurance costs in regard to transportation * New competition * Imitators`` | Strengths Lindt chocolate allows us to go online, browse their menus and purchase their products at any time of day, which will then be shipped to you within the next couple of days. This to the customer is convenient, time efficient, and allows the...
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...Grocery Store Going Online! The Value of Convenience YOUR NAME MBA6004 Unit 4 Professor Steinhagen 11/15/2013 Table of Contents History of Martin’s………………………………………………………………...3 The Journey of Martin’s…………………………………………………………..3 The Future of Grocery Shopping…………………………………………………5 Strategy Recommendation………………………………………………………...6 Conclusion………………………………………………………………………….8 References…………………………………………………………………………. 9 Many industries in the United States are expected to utilize the web to expedite services and to meet the demands of customers. Grocery shopping is one of the most popular industries that are expected to change by offering online shopping and home delivery services. There are many benefits to online grocery shopping which include accessibility, consuming healthier produce, and convenience. Online grocery shopping is estimated to grow by 9.5 percent annually and is on track to become a $9.4 billion industry by 2017 (usnews.com). Amazon, Costco, Google, and Peapod have already invested millions in the infrastructure of their online grocery business. However, Martin’s grocery store has chosen not to follow the business model of offering customers online ordering and delivery services. The grocery legend believes customers would rather have a “hands on” shopping experience that includes friendly cashiers, attractive store displays, and helpful baggers. Martin’s must change their business model to offer customers local produce by online ordering...
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...only for individuals but also for the organizations who find themselves deluged with a mountain of paper and for the organizations or for individuals who Want to be eco-friendly and save the nation Want to spend their little leisure time with family but not to trash their junk Want to make money their your door steps for their house hold junk? Don’t find time to sell their house hold junk Are lazy to go out and sell their trash Don’t find scrap buyers around their residence Don’t want to trouble the elders by assigning the task of searching scrap buyers nearby. ABOUT THE COMPANY Founders: Mr. Joseph Jegan and Mrs.Sujata Jegan As streets overflow with recyclable garbage, and cities struggle with inept garbage management systems, kuppathotti.com is certainly an idea whose time has come. Kuppathotti is the Tamil word for a garbage bin. The online venture offers doorstep collection of recyclable garbage, and even pays for the junk it takes. Within six months of existence, it has 3,500 registered customers. Within 15 days of registering it sets up an appointment according to the customer's convenience. A tempo arrives at the doorstep, and a collection executive armed with a weighing pan and other paraphernalia is ready to pick up the waste — it could be anything from newspapers, empty milk sachets, plastics and metal waste, to assorted household junk and e-waste. The site's...
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...A Report on the Product/Services/Promotional Strategies Offered by Nike Nike is a worldwide manufacturer of apparel and accessories that is listed on the New York Stock Exchange under the symbol, NKE. Founded in 1964 by Phil Knight and Bill Bowerman as Blue Ribbon Sports only to later become Nike in 1978, Nike is currently headquartered in Beaverton, Oregon. With total revenues exceeding $19Bn, Nike is currently the world leader in sports apparel and accessories and has a strong presence in almost every part of the globe. Initially founded as a running shoe company, geared specifically for runners, Nike grew and expanded to the point that they offer both footwear, clothing, and related accessories for every sport on the planet. The different types of specialized products to suit this purpose is mind-boggling and their desire to stay on the cutting edge of both fashion and design/functionality is admirable. For example, Nike has helped not only create and pioneer state-of-the-art footwear in sport of football, they also have helped create a variety of accessories to help the football athlete achieve the highest success. Things like padded undergarments, uniforms, chinstraps, and gloves...just to name a few. And this pursuit isnt limited to major sports like football and basketball. Nike has more eclectic product lines, such as their own balls and bags in golf. Or an line of pads and headwear for cricket. The list is truly endless. The symbol and trademark of Nike is their...
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...------------------------------------------------- BTEC National in Business ------------------------------------------------- ------------------------------------------------- Level 3 ------------------------------------------------- ------------------------------------------------- Unit 1 The Business Environment The following scenario should be used for all tasks. ------------------------------------------------- Scenario ------------------------------------------------- You work as a junior journalist for the local newspaper which is planning to run a feature article on local businesses. You need to produce an article on two local, contrasting businesses covering: ------------------------------------------------- ------------------------------------------------- <> Purpose ------------------------------------------------- <> Ownership ------------------------------------------------- <> Organisational structure ------------------------------------------------- <> Strategic planning ------------------------------------------------- <> Economic environment ------------------------------------------------- <> Political, legal and social factors ------------------------------------------------- Task 1 (P1) In this task, you need to describe the type of business, purpose and ownership of two contrasting businesses. To successfully achieve P1, you need to do the following: a) Select two local businesses...
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...Abstract Neptune Gourmet Seafood is facing a problem with oversupply for existing demand. It can either decrease supply to match demand or increase demand to match supply. I recommend the latter. I further recommend the way to increase demand is for Neptune to increase its marketing efforts in its existing markets and to penetrate other markets it currently is not in. The Competitive Environment Neptune is a 40-year-old, $820,000,000 company, specializing in quality shell and non-shell seafood in a $20 million industry. It is North America¡¦s third-largest seafood producer, but that designation is misleading, because its revenues account for only 4.1% of the total market. As such it is but one of many firms operating in the seafood processing industry, one whose market structure could be termed monopolistic competition. The industry is not limited to North American firms such as Neptune, but also includes companies from China, Peru, Chile, and Japan, competition from which has pushed Neptune to upgrade its fishing fleet and which also has helped shrink the company¡¦s margins by 10%.. Neptune markets to the high end of the market, differentiating itself from the competition by its quality, selling its high-end brand at 25-30% above the rest of the market. Their years of ex perience coupled with the company¡¦s value development pose a threat to any new firm trying to enter the market. It is the only member company of the U.S. Association of Seafood Processors and Distributors...
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...Grocery Shopping using e-Commerce portal Imagine doing all your weekly grocery shopping at your convenience from your home or office and then collecting the groceries at your door step at a time slot selected by you. Imagine all the savings in terms of time, effort and money. You will also save your selves from battling traffic, finding parking, hopping from shop to shop till you get everything on your list, long queues at checkouts and carrying bulky bags etc. New startup like LocalBanya.com is helping us to realize this possibility of doing grocery shopping using their ecommerce portal. Mumbai-based LocalBanya, founded in 2011, handles a product portfolio that is 14,000 strong and growing every day. LocalBanya boasts of bringing to its consumer’s doorstep a myriad of products – groceries & staples, fruits & vegetables, beverages, household supplies, personal care products, dairy products, pastas, chocolates, cosmetics, baby products, OTC health care products & so much more! The company plans to extend operations to three cities out of several prospective operating territories -- including Delhi, Chennai, Ahmedabad and Pune by March 2015. LocalBanya holds down its inventory levels to a minimum by sourcing goods directly from wholesale markets and maintains an on-time delivery rate of 95% through efficient navigator-based route-planning. LocalBanya is now negotiating with agricultural cooperatives about the possibility of direct purchases and is contemplating...
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...capability, weather its local, domestic or international managing their business in a international level is very competitive and extremely challenging. Global Competition simply means selling products or doing business internationally within the United States and other countries. This brings the advantage of a much bigger target audience for any company trying to offer goods or services. Of course there are many obstacles along the way of becoming a global competitive business including labor, unions and regulations and most importantly some ethical decisions as well. The management team is faced with the decision makings and business strategy when it comes to labor and cost and being part of a global market that is to be one of the most important aspects. Many corporations may also try to reach global competition for different reasons. For example, some domestic companies find a better consumers out side of United States, or they merge with other European corporations to expand their provide world wide, and many companies as we know expand their companies internationally for cheaper labor and less regulations. “Companies market goods and services across borders using the Internet. That means you may find welcome markets far from your doorstep.” (Johnston) Internet makes it possible for even smaller businesses to be able to ship and get in touch with consumers around the world, this would apply to smaller business shipping goods without worrying about labor and union laws and without...
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...Business Proposal for online expansion – Food Corps Jermaine Ross Western Governors University Business Proposal for online expansion – Food Corps In a small town in North Carolina, the United States Marine Corps combat force is training for an upcoming combat mission to Iraq. With the Marine Corps standard of not allowing service members to shop outside of the military base while in uniform, several service members are faced with a dilemma. The options of finding a nutritious meal are limited to local takeout or the not so nutritious military meals ready to eat (Survival Acres, 2014). As a solution to the problem, a young Marine Sergeant pulls out the business flyer he received in the mail from a local business. The flyer provided a solution to many of the Marine’s meal problems. The business was offering to pick up meals from any local dining establishment while only charging a small fee that was close to what a tip would be at many of those establishments. The service member placed the call, Food Corps arrived within the hour delivering over twenty meals and the rest was history. Developed in 2008, Food Corps has proudly served the needs of America’s heroes in their time of need. Food Corps helps feed the United States Military and emergency response personnel by helping the hero find the food they want and delivering it to them when they need it most. Food Corps has partnered with restaurant...
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...As long as business has been around, there has been an inherent need to adapt to new ideas and new technologies, in order to be successful. Without adaptability, a business will quickly become less competitive, and will eventually die out as the competition ultimately “corners the market,” making a stagnant business obsolete. This concept isn’t new or radical, and in today’s ever changing marketplace, the ability to adapt has become more vital than ever. The emergence of the internet in the mid-1990’s has had a revolutionary impact on commerce and culture. We have near universal access to instant communication. No single invention has had a greater impact on how a business interacts with its customers. The internet, along with mobile communications, quite literally shaped the business world into what it is in the present day. Sure, the tried and true ideals of fulfilling a customer’s wants, by providing exceptional service and creating an enjoyable experience are still very relevant. But how a business provides these services and experiences has radically changed over the last 20 years. A key to success for a small business has always been reaching out to, maintaining, and increasing the business’s customer base. A local business, prior to the internet, could advertise in the local paper, on a billboard, or maybe with a commercial on the local channel. These methods limited the effective reach of the advertisement, to the distribution area of the newspaper, the...
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...ECONOMICS PROJECT TOPIC: INFORMATION TECHNOLOGY BY TANU SHARMA TYBAF – 53 INTRODUCTION The information technology (IT) industry has become of the most robust industries in the world. IT, more than any other industry or economic facet, has an increased productivity, particularly in the developed world, and therefore is a key driver of global economic growth. Economies of scale and insatiable demand from both consumers and enterprises characterize this rapidly growing sector. The Information Technology Association of America (ITAA) explains 'information technology' as encompassing all possible aspects of information systems based on computers. Both software development and the hardware involved in the IT industry include everything from computer systems, to the design, implementation, study and development of IT and management systems. Owing to its easy accessibility and the wide range of IT products available, the demand for IT services has increased substantially over the years. The IT sector has emerged as a major global source of both growth and employment. INDIA AND INFORMATION TECHNOLOGY INDUSTRY Information Technology is one of the most important industries in the Indian economy. The IT industry of India has registered huge growth in recent years. India's IT industry grew from 1.2% in 1997-1998 to 5.8% in 2007-2008. In the last ten years the Information Technology industry in India has grown at an average annual rate of 30%. The liberalization...
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...offering the job. He then became the CEO of the company but allowed Kalnick to become CEO later in the year.Kalanick, Graves, and Uber cofounder Garrett Camp all made Forbes' list of the world's billionaires for the first time this year. Cofounders Kalanick and Camp have a larger stake in the company than Graves does, which explains their larger net worths. Renee Atwood who is the Global Head of People and Places at Uber says that “We needed the best people and getting our culture right is a big part of that.” This culture has allowed Uber to overcome competitors in the market, the main features of it being the fact Uber would like its employees to feel valued and to care about the business more. By giving the employees a greater responsibility within the business they will have a larger interest in the business. Uber also emphasizes the idea, over the person. In other words, the company tries to “avoid politics” and “encourage toe-stepping” by encouraging employees at all levels to voice new ideas, and then supporting them if they seem doable, Atwood said. This culture has been implemented since the creation of the company and according to Uber is the key to such rapid growth. To begin with Uber was a taxi service of luxury cars which as Kalanick says“In the beginning, it was a lifestyle company. You push a button and a black car comes up. Who's the baller? It was a baller move to get a black car to arrive in 8 minutes." But what began in 2009 as a luxury car service in San Francisco...
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... Cohort FF1221 Date of Submission 15/09/2011 Instructor Ms. Sankapali Gunawardena Word Count 2000 Acknowledgement The authors would like to first of all thank her managing business lecturers Mrs.Shumara and Ms. Sankapali Gunawardena for all the support and guide he gave her to finish this assignment successfully. The authors would also like to thank her parents and friends for all their commitments and encouragement. Last but not the least the authors would like to thank the administration for all the facilities they have provided which made it easy to complete this assignment on time. Abstract As assigned by the lecturers Ms.Shurmara Fernando and Ms.Sankapali Gunawardena for the module Organizational and Social Environment, the authors were required to investigate research and observe an area of Internal and External Business Environment in any local business organization. Therefore the authors selected “Colombo Hilton Hotel” to do their research according to the assignment. So to do this research the authors visited Hilton Hotel in order to gather information by interviewing the Manager (Mr.Irfan). At the end the authors discussed the current problems, and then authors provides their own cost-effective solutions and recommendations. Introduction...
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...National Institute of Technology A Research Report on Customer Service of SBI vis-à-vis other Banks Internship Report submitted in completion of the requirement of Summer Internship at State Bank of India SME Branch, Civil Township, Rourkela Submitted by:- Under the guidance of:- Rasmita Sahu Mr. Prabir Chandra Sahu MBA Student Chief Manager Roll No- 312SM1017 State Bank of india School of Management SME Branch, Civil Township NIT, Roukela Rourkela May_2013 to July_2013 Certificate This is to certify that the project entitled “Customer Service of SBI vis-à-vis other Banks” which is being submitted by Rasmita Sahu, MBA Student, Roll No. 312SM1017, School of Management, National Institute of Technology, Rourkela - 769 008 (India), for the award of Degree of MBA by the School of Management, National Institute of Technology, is a record of bonafide research work done by her under my supervision. The results embodied in the project are new and have not been submitted to any other University or Institution for the award of any Degree or Diploma. To the best of my knowledge Rasmita...
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