...what is Strategic Business Unit? What are conditions required for creating an SBU? How is performance of SBU measured? What are the advantages and disadvantages of creating SBUs? Ans. Strategic business units are self-contained divisions formed within an organization for dealing with specific business concerns. These units pull together the diverse parts of the concerned organization while cutting across the geographical and diverse lines for serving a specific market in a more efficient manner. These strategic business units are also referred to as independent business units or strategic planning units. The main philosophical concept behind the formation of strategic business units is to serve a clear and defined market segment along with a clear and defined strategy. These business units have to contain all the needs and corporate capabilities of the respective organization. The entire portfolio of the concerned business has to be managed by allocation of managerial and capital resources for serving the overall interest of the entire organization. This helps in developing a balance in the earnings, sales and the assets at a level which is controlled and acceptable for taking the right amount of risks. The strategic business unit (SBU) is created with the application of set criteria which consist of the competitors, price models, customer groups and the overall experience of the company. It is also sometimes seen that a number of different verticals present in the same organization...
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...The Case Study for PROJ587 will place the student in the role of a senior manager in charge of one of your company’s Strategic Business Units (SBU). Your first task in this new position is to develop a project portfolio management process and then use this process to select projects for your SBUs portfolio. The Case Study will involve the application of the tools and techniques of multi-project/program management and will deal with the analysis and establishment of project management systems based on the structure of the project. The expected outputs from this Case Study will be in the form of a two part written report due week five. Background The senior management of your company has already made the strategic decisions to allocate annual funding to each of the Strategic Business Units (SBU) within the company. You have been hired to manage one of the companies SBUs. Your new company is a mid cap company with revenues of approximately $350 million dollars a year. This company, like many others, is struggling in today’s economy. It realizes in order to survive it needs to both expand and control costs at the same time. You are new to this industry. This company’s vision is to become the “go to” support or the “provider of choice” for the cruise ship industry throughout the world. This company currently is in the travel and hotel support industry. As such, you supply support services to the travel and hotel industry such as linen services to...
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...Unit 1 Business Environment Type, sector, purpose and ownership of businesses There are different types, purposes and ownership of businesses such as; Charity or not for profit organisations, private limited company and international/global. Organisations operating in the public sector i.e. for benefit of everyone and not making a profit. Organisations operating in private sector are trying to make a profit such as Tesco, M&S, ALDI etc. even if they are called a public limited company. Charity does not make a profit. Their ownership is by a ‘board of trustees’. I have chosen Marks and Spencer’s for an international/ global organisation. This organisation is an international organisation as their products are sold through our international stores across Europe, the Middle East and Asia. Marks and Spencer’s operate in a private sector and the work they do and the products they sell is to make a profit for themselves. The industrial sector for Marks and Spencer’s is tertiary as this group is involved in the delivery and sale of goods. They take the products from the factories after the products are manufactured and sell them at a price that they will get profit off of. The purpose of this organisation is the supply of products. This is selling products at a certain price to gain profit. The ownership of Marks and Spencer’s is public limited company as it is a large well-known business. It is a chain of retailers with branches in most city centres. Shares...
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...Content page * Introduction * Business Idea * Market Research * Suppliers * Advertising * Legal Implication * Finances * Evaluations Introduction setting up a business When you start a business you should be fully prepared and you should have in mind of what business you want to do, why you want to do that business to gain profit or just to provide service as well and how you are going to do by following areas are important to the success of our small business such as properly trained and motivated employees, clean and appropriate looking business, quality products and pricing, choice of location as well as proper promotion and customer service. Not just that but you should know what kind of business you are doing and whether you are doing in a partnership or by your own. If you are doing it by yourself then will you be able to take the responsibility of everything by yourself or do you need any financial support by bank or by your parents. However if you doing in partnership you can’t just do what you want to have even take advice from your partner as well. The skill you need to have for a good and order to be successful entrepreneurs is ...
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...Faculty: Business and IT Exeter College BTEC Assignment Brief |Course Title: BTEC 90 Credit Diploma in Business/BTEC Certificate in | | |Business | | | | | | | | | | | | | | | |[pic] | | |[pic] | | | | |Assignment Title:...
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...BTEC L3 Diploma in Business Unit 36: Starting a Small Business Assignment |Learning Outcomes | | | |To be able to present the initial business idea using relevant criteria | |Understanding the skills and development needed to run the business successfully | |Know the legal and financial aspects that will affect the start-up of the business | |be able to produce an outline business start-up proposal | |Scenario | |You have just completed a business course at Wolverhampton College and you are very interested in pursuing your dreams of | |starting your own business and being your own boss. | | | |Your Aunt and Uncle run a successful Property Management Company and they have proposed that if you can put together...
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...BTEC Level 3 in Business – Unit 4: Business Communication Context Businesses need accurate information. This information has to move between different individuals, different departments and different organisations. The information can be anything from a simple idea to masses of data on business performance. It can come from inside an organisation or from almost anywhere outside. Put simply, a business that does not plan how to deal with this information is a business much more likely to fail. The Scenario A medium sized business organisation has identified that communication within their organisation is poor. This has resulted in the calling in of a management consultant (you) to help but together a communication strategy. You will be expected to offer guidance on: • How and why different types of information need to be communicated in different ways. • Where information comes from. • How and why information needs to be recorded and stored. • Explaining what can happen when communication breaks down. • Explaining technological issues affecting information. • What laws and other rules control and constrain the flow of information. You will be expected to produce a report and present your ideas to a selected audience. Task 1 Produce a PowerPoint presentation that explains the nature of communication in business and the various types of information used by a business. You must also explain where this information can come from and...
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...have and what methods would be used for interpreting methods to analyse data. The complex problems will include how the organisation can use cashflow forecasting, budget control, what if scenarios, sales forecasting, payroll projections, statistical analysis and trend analysis. Cashflow Forecasting Cashflow forecasting is where business estimate how the money of the business will be spent and how much money the business will make. A cashflow forecast is usually yearly based however they can be used weekly or monthly. They can be used to know if a business is going to have a bad month and may need to take out a loan to cover any additional costs. They can also be used to see if a business is going to have extra money and they might plan to improve the business or organisation. Inter City Sports would add used spreadsheets to add up what they know they will have to pay. For example, monthly they have to pay their lease payments, insurance, utilities and more, Inter City Sports would add up all of these monthly expenses and if they were doing a yearly cashflow forecast they would times them all by 12 and add them up. Then this would be what the business definitely has to pay...
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...I am going to use the research from class to explain the types of business ownership and the sector which it operates in, the size, the scale, the size of the industry, the liabilities it has and the advantages and disadvantages of the business ownership. Type of Business Ownership and Business Sector | Snac Attack | Cameron Blake Chartered Accountants | Sole Trader- A sole trader is a business which is owned by one person. The owner can employ others but they are their responsibility.A sole trader operates in the private sector. | Business Purpose and Activity – Snac Attack provides a food and drink service to consumers and customers to people in the local area. This business aims to make a profit. | Business Purpose and ActivityCameron Blake Chartered Accountants provides a service to the North East area. They provide customers with a service which can take care of their Financial Accounts. | | Size and scaleThis business operates on a small scale in the local area, Felling. | Size and ScaleThis business operates on a small regional scale. | | SectorSnac Attack operates in the tertiary sector as they provide a service to the customer. | SectorCameron Blake Chartered Accountants operate in the tertiary sector as they provide a service to customers. | | Liabilities This business has unlimited liability. This means that the owner is liable for all the debts of the business meaning that if the business fails the owner’s personal possessions may be taken. | LiabilitiesCameron...
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...Quite often, people associate themselves with certain brands they buy. Organisations and businesses are dependent upon their customers. Tesco’s customers have a huge influence over the business. They use their customer insight to make any appropriate and needed changes to their business. If Tesco don’t offer the right services, products and promotions, then their customers will end up shopping in alternative stores. This will reduce any profit being made. Tesco’s customers have a huge influence over the business. They use their customer insight to make any appropriate and needed changes to their business. If Tesco don’t offer the right services, products and promotions, then their customers will end up shopping in alternative stores. This will reduce any profit being made. Shareholders are often the most important type of stakeholders. This is because, without them, businesses lose their value which will affect its overall business standing and performance. Shareholders are often the most important type of stakeholders. This is because, without them, businesses lose their value which will affect its overall business standing and performance. Pressure groups have an influence over Tesco because if the business faces an investor revolt, then it is very concerning as it will not only make the business look...
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...Plan Market Research Assessment no 1 Introduction: David and his wife has their own four business .Firstly they started D.A garden supplies business on main road opposite to a small suburban shopping centre .In garden and nursery business David supervise the nursery and Alison does the bookkeeping and oversees the landscaping projects. They also employed two full time employees and a part time landscaping consultant and two part time cashiers for garden supplies business .Furthermore after passing 8 years of their nursery and garden business they started one more business of café inside the nursery .For this new business they has appointed an additional part time staff member who works over lunch time and weekends. Moreover on...
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...UNIT 20: BUSINESS HEALTH CHECK Get assignment help for this unit at assignmenthelpuk@yahoo.com LO1 Understand the focuses of the business Focuses: current positioning of business, priorities, successes, distracters, current/future aims (short-, medium- and long-term), strengths and weaknesses, stakeholders, sources of advice and guidance, potential for business improvement Factors impacting on the business: external, internal, resources, opportunities, threats LO2 Be able to develop plans for businesses Review: areas eg products/services, marketing, sales, finances, staffing; effectiveness, overall business performance, business image, record keeping Business planning: forecasting eg for marketing and sales, design, productivity, quality, service, financial management systems; roles and responsibilities of staff and management, performance monitoring, laws and regulations (including updating), action planning, timescales, risk assessment, appropriate sources of advice, relevant information, information handling and administration LO3 Be able to evaluate and develop skills of management and staff Evaluate: monitor performance to include current experience, skills and abilities (technical, operational, managerial); effect of current performance on the business, assess targets set, other relevant information, make informed judgements Planning and development: assessing re-skilling/up-skilling needs, setting clear targets, linking skills targets to business targets, advice...
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...Khademi Task 1: Know the range of different businesses and their ownership Unit 1: The Business Environment Extended Diploma in Business Jamal Assiamah Small and Medium Enterprises in the United Kingdom by Ahsan Khademi In this assignment, I have just found employment as a junior business advisor for Newham Borough council. Over the next few weeks, the council is planning to run a series of exhibitions on small and medium enterprises in the United Kingdom. The idea is to raise the profile of Small and Medium Enterprises (SMEs) in the UK, especially in England and, where appropriate, highlight their success. The exhibition will be known as ‘SMEs in the United Kingdom’. Overview of Argos Argos is a British retailer store operating in only in United Kingdom and Ireland. With over 750 stores and 800 million websites, the company trades both through physical stores and online, are making it one of the largest high street retailers online in England. Argos was brought up in 1973 by Richard Tompkins, who happened to be the founder of the Green Shield Stamps scheme. Argos has huge varieties of products that are; DIY, phones, jewelleries, home furniture, kids and video games. It was assessed that around 96% of the population of England was within 10 miles an Argos branch, in August 2013. The number of employees working in every Argos retailer is 51,000, and has the slogan ‘Get set, Go Argos’. Size of business Argos, which contains a PLC in their name, has a chain of over 750 stores...
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...Executive summary Business proposal The business that I have chosen to do will be a café business that will provide organic product only, the business will be called Pretty Baked. The reason why I have chosen this name is because I want to have a name that is fun to read as this way there is a high chance that people will remember my business name. The main idea of this business is to have a cake café for everyone to sit down with their friends or family to relax and talk while having freshly baked cakes (see appendix 1), croissant (chocolate and butter) a cup of coffee (Flat white, Cappuccino, Americano, Espresso), tea (traditional tea, earl grey) and other drinks such as hot chocolate. The business is based in the Marlow high street (see appendix 2 and 7) I believe that this is a good place to base my business because the high street is a very busy place also near the Marlow bridge so therefore there will be a high chance that I will have higher footfall compare to places outside the high street (see appendix 3 for Marlow population density and appendix 4 show the total population of Marlow from 2010 to 2013). Furthermore the café will be opening at 7 A.M. in the morning until 5 P.M. in the evening, however, on a Sunday the shop will be open later at 10 A.M to 4 P.M. The reason why I have chosen these specific times is because I will be able to maximise the amount of customers as the café will be open during the morning rush hour. This time is normally when people are going...
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...Place in this business is important as, IFLIP would have to make sure these products which they are going to release would have to be available to their target customers so they can purchase them and this business can generate revenue and increase their sales. Products such as Ifone, IFLIP-watch & IFLIP-pod are new so in order to make profit this business can distribute these products throughout their stores which are located in Bradford, London, Halifax & Leeds for consumers. This business has located their stores in populated locations because this business can then serve customers easily. The locations are based in Leeds Kirkgate Market, London Oxford Street (shopping centre), Halifax Borough Market and Bradford (Broadway). IFLIP has chosen...
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