...|UNIT -17 |Strategic Planning |Course |Edexcel BTEC Level 7 Extended | | | | |Diploma | |LECTURER |Shameem |Verifier |Rizwan Mahmooth | |HAND OUT DATE |15th Nov 2011 |SUBMISSION DATE |15th of Feb2012 | |NAME OF STUDENT | |Term |Sep-Dec | | | |ASSIGNMENT GUIDELINES | | | | | |This Assignment is designed to help you achieve good results. | |In your answer, write about the key concepts highlighted...
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...dedicated man began experimenting with nutritious food supplements to overcome the problem. In 1867, he was approached to help an ailing premature infant who was unable to accept his mother's milk or any of the conventional substitutes. The infant began to take the milk food supplement he had developed, and a life was saved. The product, called Farine Lactée Nestlé, was soon marketed throughout much of Europe, and a new brand name began to take on life. In 1905, the Nestlé Company merged with the Anglo-Swiss Condensed Milk Company, the first condensed milk factory which opened in Switzerland in 1866. Nestlé entered into the milk chocolate business in 1904 when Peter & Kohler Swiss General Chocolate Company produced milk chocolate under the Nestlé trademark. The chocolate company later joined the Nestlé group in 1929. While the original business was based on milk and dietetic foods for children, the new Nestlé grew and diversified its range of products, through acquisitions and mergers with the better known brands of the time. For example: The manufacturing of LACTOGEN began in 1921, and in the same year, a beverage containing wheat flour was marketed under the brand name MILO. In 1938, NESCAFÉ, the world's first instant coffee was introduced. Logo of Nestle The earliest Nestle logo was unveiled in 1868 by Henri Nestle, originating from the phrase “little nest”, the actual meaning of his name in his native German language. After his retirement in 1875, the memorable nest emblem...
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...External/Internal factors Paper University of Phoenix Mgt230/ Management, Theory and Practice Prof. Gabriel Medina 7 de febrero 2015 During this essay i will be presenting how the internal and external factor affect the function of Management such as planning, organizing, leading and controlling. Also how the managers can use delegation to manage the factors and function listed. The administration is the process of planning, organizing, leading and controlling the resources and the work activities to achieve goals and objectives efficiently and effectively. Planning is made a choice about the goals and mission of the company. Organization is to determine which tasks to do, which makes them and where decisions are taken. Direction is the fact influence people to contribute to meeting the goals of an organization. Controlling is to measure individual and organizational performance to ensure that the facts adhere to plans. Sometimes occur internal and external factors that may affect these four functions. This is called a Micro and Macro factors. The Micro are the internal factors of the company affecting management processes, production processes, degree of technological apprehension raw material costs, level of defective parts, and generally all internal relationships to the company that affect its competitiveness. The Macro is the external factors companies that affect its competitiveness, security, national infrastructure...
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...Assignment Brief BTEC Level 7 Extended Diploma in Strategic Management and Leadership |Learner Name: |Learner Registration Number: | |Unit Number: Unit 12 – Strategic Planning |Unit Number/Code: H/602/2330 | |Credit Value: 15 credits |Guided Learning Hours: 45 | |Assessor/Tutor: Altaf Khoso |Internal Verifier: | |Assignment QA Approval Date: 13th September 2011 |Date Issued to Learner: | | | |Draft Submission Date: 16/08/2013 | |Final Submission Date: 16/08/2013 | | ...
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...PURPOSE Both SWOT and PEST have become components of a good business plan and are key in evaluating environmental factors. In order to understand how these analysis frameworks are similar, it is important to fully understand each framework individually. FEATURES OF SWOT SWOT analysis is a simple framework for evaluating the internal and external environments affecting a company. These environmental factors can be divided into four categories, from which SWOT analysis derives its name. The categories are: strengths, weaknesses, opportunities and threats. Strengths and weaknesses represent the internal environment, whereas opportunities and threats represent the external environment. FEATURES OF PEST PEST is a type of analysis used in strategic management that takes into account Political, Economic, Social and Technological factors. PEST analysis is a useful tool for understanding market demand/decline, current business position and potential opportunities/obstacles. The factors it analyzes should not be solely at the company level. Rather, these external factors must be examined at a company, national and global level. FUNCTIONS Both frameworks focus on the environment in which a company operates, but they do so in a different manner. SWOT is concerned with identifying environmental factors that affect a company directly. Obviously, internal environmental factors have a direct impact, but so do external factors SWOT analyzes, such as increased taxes and tariffs...
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...Business Environment Analysis Background Environmental analysis is a systematic process that starts from identification of environmental factors, assessing their nature and impact, auditing them to find their impact to the business, and making various profiles for positioning. A common process of environmental analysis or scanning is discussed in the following section. Environmental Analysis Process A business manager should be able to analyze the environment to grasp opportunities or face the threats. Organizations need to build strength and repair their weakness available in the business environment. Therefore, this process consists not only a single steps but a process of various steps. Environmental analysis comprises scanning, monitoring, analyzing, and forecasting the business situation. Scanning is to get the relevant information from the information overload. It is to focus on the most relevant information. Monitoring is to check the nature of the environmental factors. Analyzing requires data collection and use of different required tools and techniques. Forecasting is to find the future possibilities based on the past results and present scenario. Environmental analysis process is not static but a dynamic process. It may differ depending on the situation. However, a general process with few common steps can be identified as the process of environmental analysis these are a) Monitoring or identifying environmental factors, b) Scanning and selecting...
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...management style), while still others originate outside the organization and are related to the global economy and other changes in society. Training and development helps an organization to equip each employee with the knowledge and skill needed to perform his/her job effectively. This project will evaluate the effectiveness of the training and development programs offered by the HRtrainingCenter.com. A HRM company which provides training and certification services Marketing Environmental Forces That Affect Human Resource Management Industry Introduction As with any market there are external environmental forces that directly and/or indirectly impact an organization. Changes in the environment can create opportunities as well as threats for that organization. These outside factors can impact the success or failure of marketing a product/service. Human resource management is a business function...
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...Environmental factor This factor refers to ecological and environmental aspects such as weather, climate, and climate change. The environmental factor will be a big threatens for this type of industries, for examples tourism, farming and insurance (Dineshbakshi.com, 2010). In addition, growing awareness to climate change is affecting how companies operate and the products they offer. Climate change is a very significant result that it create an opportunity to let many of company run into the concepts of Green Business. This factor it will create an opportunity to a company that given them to make profit in the business, but it also will destroy the existing business. For example, Toyota was that successful that the first manufacturer to developed hybrid petrol that use kinetic energy to charge a battery which is used as a supplement to the normal engine, thus significant improving petrol consumption and reducing emissions, to protect the environment of earth. Figure 1: According to Hybridcars.com (2008) research, as we can see the Figure 1, they have significant increase of sales for Toyota Prius from 2000 to 2008. Nowadays, people are willing to buy the hybrid vehicle because some of the reasons, the first is the customer want to protect the environment, second is the fuel price is increasing year by year, hybrid car can help customer to save more money from the fuel. This means that, the environment factor affect the Toyota to create a hybrid vehicle, and hybrid vehicle...
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...College of Business has one client, employers. The client is in need of human capital to bring into their companies to make them successful. In order to keep the client happy, the College of Business must help develop this human capital (students) and provide companies with the right people. If the College of Business can do this successfully, there will be a large number of employers, more than there already are, demanding more of the product. The more this demand is driven up, the higher the demand for this supply of students, then price increases and more job opportunities are available with higher salaries. As long as the campus environment is also fitting, than Creighton’s College of Business students are a perfect match. Our client, Creighton’s College of Business, has a strong desire to grow undergraduate enrollment in the College of Business from 650 students to 1000 students. Ideally this increase in students would be “Net New Students”, but would be willing to accept some from other schools. Ultimately, our objective isn’t whether or not we can accomplish this, but how we accomplish growing enrollment (i.e. tuition, positions, quality of classroom, nature of building, competing for the right applicants, competing against the right people, etc)? “Factors Influencing Student’s Enrollment Decisions in Selection of Higher Education Institutions (HEIs)” In this article, the top three factors affecting student’s enrollment decisions are internal factors, external factors...
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...Btec National in Business Level 3 Unit 4 – Business Communication Scenario ------------------------------------------------- The Headteacher wants to do a complete audit on the Communication Systems within the school. He is planning to sit down with the Business Manager and redesign the whole school processes and procedures. They both want your help in: 1) ------------------------------------------------- Understanding different types of business information used in the school 2) ------------------------------------------------- Help staff to be able to present business information effectively 3) ------------------------------------------------- Help them to understand the issues and constraints in relation to the use of business information in the school 4) ------------------------------------------------- Ensure we all know how to communicate business information using appropriate methods ------------------------------------------------- The Headteacher wants a presentation he can take to the whole staff explaining the current situation with your intended improvements. This can take the form of a PowerPoint presentation accompanied with the necessary support materials in poster or report format. Task One ------------------------------------------------- P1 explain different types of business information, their sources and purposes 1a) Explain what types of verbal; written; onscreen; multi-media; web based information the school currently...
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...Question: Businesses are influenced by a number of external factors. Grade the current external factors as positive or negative for Canadian businesses and explain why they are positive or negative. What can the government do to address possible business concerns they may have with the external factors. •Economic conditions •Emerging technologies •Political –legal considerations •Social issues •Global environment •Ethical issues and social responsibility Answer: My focus will be on the Canadian business environment. As most of the world is aware by now, the oil prices have been going down. This probably fits under global environment. In terms of Canadian businesses, depending which industry you are in, it is either a good or bad thing. It’s positively affecting businesses which the use of gas is a big expense to them, like airlines, trucking industries, and shipping companies to name a few. It is also a positive for us, the consumers, as we are paying considerably less for gas. We have extra money available to us, so we have more to spend. This could go as far as to be related to the economic conditions affecting businesses unrelated to oil in a positive way, as the Canadian consumers are willing to spend a bit more. In terms of negative impact, the main target is obviously the oil industry and the businesses in that field. Businesses have been going down, and a lot of people have lost their jobs. In turn, provinces like Saskatchewan and particularly, Alberta, are...
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...According to Hunter s. Thomas "you can turn your back on person, but never turn your back on a drug, especially when it's waving a razor sharp hunting." The global pharmaceutical industry had done tremendous contribution to mankind, but now pharmaceutical companies are facing tough time in a decade. The case is broken in to different parts which is emphasized on how internal and external factors affecting the industry firstly, the main environmental forces currently affecting the industry through PEST analysis. Secondly, the implications of the changes in business environment that is internal factors through porter's five force theory. Finally, the use and limitations of the tools applied to solve case are discussed. ORIGIN AND EVOLUTION The present pharmaceutical industries are non-assembled and more of competitive but it had emerged in early 19th century in the Rhine valley near Basel Switzerland where dyestuffs were found to have antiseptic properties. Companies like Hoffman-la rochy, Sandoz, Novartis are all started as Rhine based family dyestuff and chemical companies, which are still doing tremendous business even to day. Slowly these chemical companies started making pharmaceuticals and synthetic chemicals and evolved as global players. In early 1940's the industry showed drastic changes such as introduction of penicillin and other drugs. In 1960's industry growing rapidly with the setting up of R&D not only this economies prospered by the spending on health care in same...
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...company in Greece, illustrating the reasons why a company should work on pest framework. The author would like to dedicate this paper to Mr. David Scott and his family. © 2013 Int. j. econ. manag. soc. sci. All rights reserved for TI Journals. pest analysis case study E-shop Jel Classification: M10 M19 1. Introduction In the new economic environment that has emerged as an impact of the recent ‘crisis’, the complexity of each industry forms a demanding context that affects consistently both the internal and external environment of organizations. As a result, the majority of the firms need to maintain their competitive advantage. However, a firm have to constantly increase the value of their products offered to clients in order to sustain their competitive advantage (Barney, 2008), as well as being profitable in order to exist (Egan, 1998). The industries can be described as a set of external and internal environment so, every firm is affected by external environment such as the market, client, etc and the internal environment including the employees of the firm, contractors, sub-contractors, suppliers etc. (Kelly and Bowles, 2006). The key research question is to investigate what are the forces...
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...M10 M19 1. © 2013 Int. j. econ. manag. soc. sci. All rights reserved for TI Journals. Introduction In the new economic environment that has emerged as an impact of the recent ‘crisis’, the complexity of each industry forms a demanding context that affects consistently both the internal and external environment of organizations. As a result, the majority of the firms need to maintain their competitive advantage. However, a firm have to constantly increase the value of their products offered to clients in order to sustain their competitive advantage (Barney, 2008), as well as being profitable in order to exist (Egan, 1998). The industries can be described as a set of external and internal environment so, every firm is affected by external environment such as the market, client, etc and the internal environment including the employees of the firm, contractors, sub-contractors, suppliers etc. (Kelly and Bowles, 2006). The key research question is to investigate what are the forces affecting the organization’s macro business context. The purpose of the study is practical and will be conducted in order to examine the forces affecting the organization’s macro business...
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...Abstract The paper examines the key factors influencing the adoption of e-business technology by SMEs. To this end, the paper draws on a range of literatures on the diffusion of new information and communication technologies (ICTs), many of which have hitherto been treated as separate. The reasons for this are two-fold. First, e-business technologies are the latest in a line of new ICT technologies. When exploited successfully, ICTs have increased firm competitiveness either by raising the efficiency of internal communication and organisation and/or supply chain relationships, or by facilitating the development of new/improved products and services. Second, it is hypothesised that many of the factors affecting the successful adoption of new technologies are generic in nature. With regards to SMEs specifically, consideration of earlier research may assist us in identifying a set of enablers and barriers to e-business adoption. Hence, by explicitly acknowledging the context and prior history of research in the area, we are able to map out the dimensions of future theoretical and empirical research in e-business adoption by SMEs. In addition to drawing together factors identified by existing research, the paper highlights the implications of network externalities for the timing of technology investments and the returns that accrue to early and late adopters. It also draws attention to a number of problems associated with the analytical concept of ‘the SME’ when it...
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