...Unit 4: D1 Explain the employees in a business and how their relationship makes the business more profitable; also talk about the effects when employees lose professional touch and how that will impact the business. Also say how the employee’s relationship varies depending on the job status All the job roles within a business have a job to do and all the people in the business work to make the business run efficiently. For example Tesco has a hierarchical structure because it has a lot of layers and also a lot of people reporting into more than one person before that information get to the boss. All of them work together to keep the business working efficiently. Here is the hierarchical structure of tesco: The top two, the manager and director both work together to make sure that the business is working efficiently. This means •using a range of office software, including email, spread sheets and databases managing filing systems •recording office expenditure and managing the budget •organising the office layout and maintaining supplies of stationery and equipment; •maintaining the condition of the office and arranging for necessary repairs; •organising and chairing meetings with your staff •overseeing the recruitment of new staff, sometimes including training and induction; •ensuring adequate staff levels to cover for absences and peaks in workload, often by using temping agencies; •carrying out staff appraisals, managing performance and disciplining staff; •delegating...
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...Differences between the two sectors of my business McDonalds – McDonald’s are run to gain a profit and sell as much products as possible in order to aid the growth of the company. They are widely renowned for being one of the best companies in the tertiary sector and one of the biggest companies in this sector. Yorkshire Air Ambulance – YAA operate in the same sector, however, they don’t operate to gain a profit and are private as they are a charity. They will be primarily aimed towards providing a service to the public and those In need of their fantastic services. During my investigation into these two businesses and charities I took part in some interviews with some members and key stakeholders of the businesses and recorded the conversations, one through person and one through Email. First of all, I will show the transcript I took part in between me and a member of the public (Customers) at McDonald’s Barnsley’s store on Old Mill Lane. I aimed to ask primarily around the 4P’s (Product, Price, Place & Promotion) and their overall opinion on the organisation along with improvements they could think of for them. During my first inetview, It was a woman, around middle aged and currently inside McDonald’s at the time, therefore the information I was receiving was legit and was useful to use. Me: Do you think that McDonald’s prices are reasonably affordable for you and your family? Customer: Definitely, I think they are fair and within reason, they beat the majority...
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...Uxbridge College BTEC Lv3 90 Credit Extended Diploma in Business Unit 4 D1 ------------------------------------------------- Business Communication Alishan Merchant S Bahia 40067325 Evaluate the appropriateness of business information used to make strategic decisions. This report is to inform people about the appropriateness of business information that are used to make strategic decisions. Enterprise Rent-A-Car has developed a successful Graduate Trainee Programme. The programme allows graduates to receive classroom based orientation sessions on management. These sessions teach graduates business skills needed to be able to manage that branch themselves. This report will show the appropriateness of business information used to make strategic decisions. Moreover, Enterprise Rent-A-Car has introduced a “pick-up service”. These services are available only in the UK and have a limited pick up locations. The least amount of hours that you can rent a car with picking up is 24 hours, while the maximum is 48 consecutive hours. A vehicle class of manual or automatic can be determined on which upon the car that a client chooses to be picked up in can be selected from a variety of available cars. The renter’s age group must be given. In this report, will show the appropriateness of the information given on the website for Enterprise Rent-A-Car, and this report will conclude with recommendations on how to include additional information and make the website more...
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...other festivals and the lack of resource to maintain the event. Opportunities are those external factors that are favorable to the success of the event such as adding new artists and new services, a growing economy where people can afford to attend the festivals and also a constant increase in the income level. Threats are those factors that are beyond the control of the organizers and are likely to put the event at a risk. These could include a shift in customer behavior and demand, the availability of raw materials and also competitors in the business. The role the marketing mix (4P’s) play in developing an event marketing strategy and how is this applied in the case of the Isle of Wight Festival The marketing is also known as the 4 P’s. It contains product, price place and promotion. The marketing mix is significant in developing a good and right marketing strategy for an event such as the Isle of Wight Festival. The four P’s plays a vital role in the success of this event. In creating the event product managers must decide the needs of the audience they are attracting. In doing this, organizers must take into consideration all the possible activities that will take place before, throughout and after the event. These include deciding food and beverages that will be on sale, giveaways, pre-media days and review competitions in the event business. Promotions on the other hand include everything that the organizers will do to attract prospective customers and to...
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...D1- Evaluate the appropriateness of business information used to make strategic decisions. Strategic decisions are the decisions that are concerned with whole environment in which the firm operates the entire resources and the people who form the company and the interface between the two. In this task I will talk about the appropriateness of business information used to make strategic decisions. Having correct information before you make a decision that affects the whole company is vital for the company in the economic environment we are currently in at the moment. Verbal information - Is the sharing of information between individuals by using speech. Individuals working within a business need to effectively use verbal communication that employs readily understood spoken words, as well as ensuring that the enunciation, stress and tone of voice with which the words are expressed is appropriate. Verbal information ensures that you have a strong relationship and you build a trust between the individual that you are trading with, when making important decisions that affect the whole business you need to make sure that you know the individual of company and their history when you are dealing with them a background check is also important because then you have a reassurance that you will not be ripped off. Business professionals demonstrating effective verbal communication skills use spoken words to convey a message clearly and concisely. To get a message across, the sender needs...
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...In this assignment im going to evaluate the approraiteness of two sets of business information used by BBC to make strategic decisions, and how it helps the bbc to make strategic decisions about how to improve their operations. Annual Report 2013/14 In the BBC website they have a page of informations about the income and operation cost of both of the years of 2013/14. This is suitable for people in the the company and outside the company. The advantages of using this information is that It helps the people in the company because it shows how they lost and gained their money during the years in the company and they will know how the improve the year after. Also it has an easy access because is open to everyone 24/7. Another advantage it could be that the budgets reveal how much room the company has to spend on introduction of products, developing marketing campaigns or expanding the company. On the other hand one disadvantage of using financial statements for decision making is that the data and figures are based on the market at that given time which it was 2013/14. Depending on the market, it could change quickly, so managers should not assume that the numbers from a previous financial statement will stay the same, increase or decrease. So for example if BBC made £5,066 of total income in 2014 it does not mean it would be the same or it would increase. Another disadvantage is that it doesn’t show the previous income and operating cost, so you won’t know if the improved the...
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...Discuss the nature-nurture debate in relation to the development of the individual (M1) & Evaluate how nature and nurture may affect the physical, intellectual, emotional and social development of two stages of the development of the individual (D1). Nature can be loosely defined as genetic inheritance or the genetic makeup (the information encoded in your genes) which a person inherits from both parents at the time of conception and carries throughout life. Several things in an individual genetically inherits include; ranging from gender, eye colour, risks for certain diseases and exceptional talents to height. The concept of nature thus refers to biologically inherited tendencies and abilities that people have and which may get revealed later on as they grow up. Nurture can be defined as the different environmental factors to which a person is subjected from birth to death. There are many environmental factors. They include both physical environments and social environments. Some theorists believe that people behave as they do according to genetic predispositions or even because of ‘animal instincts.’ This is known as the ‘nature’ theory of human behaviour. Other theorists believe that people think and behave in certain ways because they are taught to do so. This is known as the ‘nurture’ theory of human behaviour. (www.yourenglishlessons.wordpress.com) Nature refers to the inherited (genetic) characteristics and tendencies that influence development. Some inherited...
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...D1- Evaluate the appropriateness of information used to make important strategic decisions. The Coca Cola Company is an American beverage corporation, manufacturer, retailer and marketer of non-alcoholic beverage concentrates and syrups, which is headquartered in Atlanta, Georgia. One department at Coca Cola is the financial department. The financial department uses on screen communication, this allows them to create data on the company’s financial assets. They use on screen communication to present databases, charts and a budgeting table for the company. A strategic decision that this department has made is to buy the remaining shares in Innocent drinks company. “The London company’s sales have grown 89% a year from £16.7m in 2004 to £113.2m in 2007.”(Sunday Time Fast Track, 2008) The purpose of this strategic decision is to find a new market because Coca-Cola, the world’s biggest beverage company currently did not sell juice/smoothies in Europe. On the one hand Coca Cola based its decision to acquire Innocent Drinks on the growth figures reported. The information that Coca Cola use is appropriate and effective because, it allows Coca Cola to spot a gap in the market. They have seen the company become Europe’s most popular smoothies/juices company (Innocent is Europe’s top smoothie player, 2010). The successful relationship between Coca Cola and Innocent Drinks will support even more innovation and international expansion. However, they potentially should not of purchased...
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...For this part of the assignment I am going to be evaluating how nature and nurture may affect the development of an individual over two life stages. I will be looking at the effects of nature, nurture in relation to the Jim twins, development over their childhood and adulthood. D1 Nature and Nurture Effects on Childhood Physical Development The Jim twins were identical twins and nature obviously had a big effect on how they looked, both the boys inherited genetics from their parents which determined what they were going too looked like, during their childhood the boys would have looked identical, but they just didn’t know each other. But one twin in his childhood had a fringe and the other didn’t, these different hair styles would have been the effect of nurture as he would have been influenced to have his hair that way by seeing others with the same hairstyle or his adoptive parents wanting him to have his hair like that. Nature would have had an effect on the twin’s physical development as the genes they gathered from their biological parents would have determined that during their childhood, they disliked basketball and other sports, this could have been because, both their parents may not of been very sporty, which could of led them to inherit gene which meant they were going to be very athletic/sporty either. On the...
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...Development through the life stages. UNIT 4 P1 M1 D1 Development through the life stages. UNIT 4 P1 M1 D1 * Introduction In this essay I will be explaining the development throughout the life stages. This is including conception, pregnancy (1st, 2nd and 3rd trimesters), birth and infancy (0-3years), childhood (4-9years), adolescence (10-18years), adulthood (19-65years), older adulthood (65+) and the final stages of life. This will include physical, intellectual, emotional and social development. I will further this by discussing nature versus nurture, and conclude by evaluating how this will affect the physical, intellectual, emotional and social development. * Conception Each month a group of eggs in the ovaries grow in small sacks named follicles. Eventually one of these eggs leaves, this is ovulation. This typically takes places 2 weeks before the next period is due. Once the egg leaves the follicle it develops into the corpus luteum, releasing a hormone to thicken the uterus lining, preparing for the egg. Once released the egg travels to the fallopian tube, where it remains for 24hrs waiting for sperm to fertilize it. This takes around 2 weeks after the period. If there is no sperm to fertilize the egg, it travels through the uterus and falls apart. The hormone levels return to normal, and the uterus sheds the lining, starting the period. If a sperm does make its way into the egg, it fertilizes, no other sperm will be able to access the egg. As soon as fertilization...
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...the value fora and b we will able to find the value of d. If d > 0, then we will select the N (North) pixel If d < 0, then we will select NE (Northeast) pixel Then there are two possibilities to go the line through M1 or M2 Equation for the above two points; M1 and M2 M1: d1 – Equation for the M1 midpoint d1 = a(x+1/2) + b(y+2) + c d1 = ax + by + c + a/2 +2 b d1 = 0 + a/2 + 2b ×2; d1= a+4 b 3 3 – 2;d b = d1 – d d1 = b + d 4 The equation for the M1 is d1 = b+d M2 : d2 – Equation for the M2 midpoint d1 = a(x+3/2) + b(y+2) + c d1 = ax + by + c +3 a/2 +2 b d1 = 0+ 3a/2 + 2b ×2; d2 = 3a +4b 5 5 – 2; a + b = d2 – d d2 = a + b + d 6 The equation of the M2 midpoint is d1 = a + b + d As mentioned above the algorithm chooses between N and NE pixels on the sign of the decision variable calculated in previous method. * Algorithm for the ellipse The equation for the ellipse is : x2/a2 + y2/b2 = 1 x2/a2 + y2/b2 – 1 = 0 x2 b2 + y2 a2 - a2 b2 = 0 Center of the ellipse (x,y) = (0,0) a = rx , b = ry The first point is considered from the origin (x,y) = (0,b) The ellipse has 4 -fold symmetry, so that we have to consider ¼ of the ellipse to implement the algorithm. When we consider about the first region of the ellipse, m<0 In region 2 of the ellipse, m>0 Therefore we must find the point which changes the direction. Direction Changing Criterion Scenario...
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...Assignment brief Unit number and title Unit 14: Working with and Leading People Unit 13: Personal and Professional Development Qualification Pearson BTEC Level 4 and 5 Higher Nationals in Business Start date 09/05/2016 Deadline/hand-in 30/06/2016 Assessor Zakwan Rahman Assignment title Cycle of Human Resources Purpose of this assignment Human Resource is one of the vital department in an organization. Human Resources Department need to perform their roles efficiently to help an organization achieve their vision and mission. Handling the resources will be a big challenge to the department and numbers of obstacle problems will arise from time to time. Apart from the roles of Human Resources, leading a group of people to achieve the same mission also can be listed out as a challenge. By possessing the skill of leadership, the personnel can prevent any problems, reduce the risk and achieve the objective. This assignment will help the student to know the role of Human Resources Department more clearly and learn the attributes to become a great leader. Scenario You are working as a human resource personnel at A new problem arises in the. The problem is related to the Human Resource Department. There are few cases have been reported to the labour court. Most of the cases are related with the previous employee that been terminated. Apart from that, there are also problems with the new appointed employees. In certain departments, there...
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...Assignment front sheet Qualification Pearson BTEC Level 5 HND Diploma Business Student name Unit number and title Unit 6: Business Decision Making Assessor name James Kwok Date issued Completion date Submitted on 5th January 2015 16th February 2015 Assignment title BDM: To start-up a upstairs coffee cafe in the city(2 of 2) Learning Outcome Learning outcome Be able to produce information in appropriate formats for decision making in an organisational context Assessment Criteria 3.1 3.2 3.3 3.4 LO3 In this assessment you will have the opportunity to present evidence that shows you are able to: Produce graphs using spreadsheets and draw valid conclusions based on the information derived Create trend lines in spreadsheet graphs to assist in forecasting for specified business information Prepare a business presentation using suitable software and techniques to disseminate information effectively Produce a formal business report Use appropriate information processing tools Prepare a project plan for an activity and determine the critical path Use financial tools for decision making Task Evidence no. (Page no) 3 3 3 3 4 4 4 LO4 Be able to use softwaregenerated information to make decisions in an organisation 4.1 4.2 4.3 Learner declaration I certify that the work submitted for this assignment is my own and research sources are fully acknowledged. Student signature: Date: In addition to the above PASS criteria, this assignment...
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...specified due dates as published in assignment briefs. Faculty policy requires that assignments are to be submitted to your lecturer/ tutor in class or in faculty office. In case of late submission please attach the late submission form, signed by the head of department or tutor. Student Signature Date: Formative Deadline: Date(s) Submitted: Summative (Final) Deadline: Subject/Unit Number: College Number: Tutor Name: Qualification: Semester: □ HND Computing □ HND Business □ EDSML For Tutor Use Only Date / Time _______________________________ Signature __________________ □ Late Submission Note: - Attach this part with your assignment x-----------------------------------------------------------------------------------------------------------------------------------------------------------------------x Edwardes College Peshawar For Student Record Student Name: Subject Name: Assignment #: Assignment Title: Issue Date: Date(s) Returned to Student: Student Signature Note: - Keep this part for your own record Date Formative Deadline: Date(s) Submitted: Summative(Final) Deadline: Tutor Signature & Date Subject/Unit Number: College Number: Tutor Name: Qualification: Semester: Assignment / Project Receipt...
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...Introduction to Management Science, 10e (Taylor) Chapter 9 Multicriteria Decision Making 1) The different objectives in a goal programming problem are referred to as goals. Answer: TRUE Diff: 1 Page Ref: 400 Main Heading: Goal Programming Key words: goal programming 2) All goal constraints are inequalities that include deviational variables. Answer: FALSE Diff: 1 Page Ref: 400 Main Heading: Goal Programming Key words: goal constraints 3) A negative deviational variable is the amount by which a goal level is exceeded. Answer: FALSE Diff: 2 Page Ref: 400 Main Heading: Goal Programming Key words: goal constraints, deviational variable 4) At least one or both deviational variables in a goal constraint must equal 0. Answer: TRUE Diff: 2 Page Ref: 401 Main Heading: Goal Programming Key words: deviational variable, goal constraints 5) The objective function in a goal programming model seeks to minimize the deviation from goals in the order of the goal priorities. Answer: TRUE Diff: 2 Page Ref: 401 Main Heading: Goal Programming Key words: goal prog problem formulation, objective function for goal prog 6) In goal programming, terms are summed in the objective function in order to make consistent decisions. Answer: FALSE Diff: 2 Page Ref: 402 Main Heading: Goal Programming Key words: goal prog problem formulation, objective function for goal prog 7) Goal constraints can include all deviational variables. Answer:...
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