...Executive Summery Introduction Mastek (UK) is operating in UK since 1993 as subsidiary of Mestek Limited; provide Global Technology Solutions which mainly focusing on the areas of Insurance, Institution of Government and public sector and other numerous financial sector services. By application of industrial expertise, broad capabilities and strategic alliances, Mastek (UK) able to offer different kind of integrated portfolios in IT products and related services. These services are including Consulting of IT, Development of Applications, Integrations of systems, Outsourcing management, testing, storing. It also further performing business such as Business Intelligence, Security applications, Modernization of Legacy and Data Migrations. At present company’s employee strength is over 3500 peoples from different nationalities and it operating across the US, Canada, UK, Europe, Asia Pacifica and Middle East. Thus, Mastek operating eight of world class global delivery center in India and Malaysia. A person who took the cultural experience in this organization is working as a software engineer, who transferred from India Mastek to its UK branch. Nature of the Business Mastek (UK) Using an established framework, Mastek has over two decades of proven experience in the development and maintenance of large enterprise data warehousing and business intelligence decision support systems. Mastek's data warehousing and business intelligence solutions can help drive a lower total...
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...competitive advantage. “Strategy is the direction and scope of an organisation over the long term: which achieves advantage in a changing environment through its configuration of resources and competences with the aim of fulfilling stakeholder expectations.” (Johnson et al, 2005) Industry Sector The grocery retail industry is one of the largest industries in the UK, worth an estimated £174.5billion (IGB, 2014). Every day in the UK, the industry feeds over 26 million households, nearly 63 million people. The industry strives every day, to deliver a choice of safe, affordable quality food. (IGD, 2014). The UK’s grocery sector is one of the most competitive and ruthless in retail. It also risks being one of the unhealthiest, with demand flat lining and over capacity eroding the big players’ profitability. KPMG (2014) stated that “multi million pound price wars is creating investor concern.” The rise of the discount grocers has been heavily analysed, with some commentators portraying them as playing a leading role in reshaping the grocery sector, tempting cash conscious consumers away from the established brands of the British market. Despite recessionary-induced changes in shopping behaviour, it is difficult to see the big four’s hold on the main grocery market being seriously challenged, simply because of their commanding (75%+)market share. (Mintel, 2010) New market entrants and changing consumer buying habits have left the UK grocery market in a state of...
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...BY SHAHZAD MIRZA UKCBC PARK ROYAL LONDON ID: 12878-RB HND BUSINESS MANAGEMENT LECTURER: MR TAIWO OLAJUMOKE BATCH: 11 LEVEL: 4 BY SHAHZAD MIRZA UKCBC PARK ROYAL LONDON ID: 12878-RB HND BUSINESS MANAGEMENT LECTURER: MR TAIWO OLAJUMOKE BATCH: 11 LEVEL: 4 BUSINESS ENVIROMENT | Introduction | 3 | 1.1 | Identify the purpose of organisations | 3-4 | 1.2 | Describe to which extent Iceland Supermarket Ltd meets objectives of its different stakeholders. | 5-6 | 1.3 | Explain various responsibilities of Iceland | 7 | 2.1 | Different economic systems | 8-9 | 2.2 | Fiscal and monetary policy | 10-12 | 2.3 | Competition policy and other regulatory mechanism | 13-14 | 3.1 | Market structures determine the pricing and output decisions | 15-21 | 3.2 | Which market forces shape Iceland Supermarket responses | 21-22 | 3.3 | How the business and cultural environments shape the behaviour of Iceland | 22-23 | 4.1 | Significance of international trade to Iceland Supermarket | 23 | 4.2 | Impact of global factors on Iceland Supermarket | 24 | 4.3 | Impact of policies of the European Union on Iceland Supermarket | 25 | | Conclusion | 26 | | References “ | 27 | ...
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...Task – 1 1.1 Identify the purposes of different types of organization. Business organisations: To make a profit in a socially standard way. For example: Airlines, Fast food. Non-profit service organisations: They want to help to all of people without any profit. For example: NHS, Universities. Mutual-benefit organisations: Individuals join together to pursue their own self-interest. For example: Clubs, Trade Union. Commonweal organisations: They provide service to all members of a given population. For example: Fire Service, Police. Organisations by their intended purpose: Private enterprise organisations: A "private sector" organisation is one that is owned and controlled by private individuals, not the government and usually exists to make a profit for its shareholders. Public sector organisations: A "public sector" organisation is one that is controlled by the government. It is called "public" because the government is responsible to the entire public. Commercial interest classification: Profit oriented: Profit-oriented means pricing strategies rely on setting a product or service's price to attain a specific, programmed net profit percentage. Non-profit oriented: In the broadest sense, an organisation in which no part of any net earnings can grow for the benefit of any private shareholder or individual. Size oriented classification: Large scale: To access the large-scale data sources efficiently and automatically, it is necessary to classify these...
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... | |Date issued |31/10/13 | Assessment criteria to be assessed in this assignment |Criteria Reference|To achieve the criteria the evidence must show that the learner is able to: |Task No. |Page No. | |P1 |Explain the international business environment in which a selected organisation operates |1.1 | | |P2 |Describe the mechanisms that regulate international trade |1.2 | | |P3 |Describe how the environment and culture of another country affects |1.5 | | | |a business operating internationally | | | |P4 |Describe how the monetary environment affects businesses that operate internationally |1.8 | | |P5 |Identify why...
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...advantages of this structure against other types of organizational structure. The FTSE UK index series is designed to represent the performance of UK companies, providing investors with a comprehensive set of indices that measure the performance of all capital and industry segments of the UK equity market. HSBC is on the 3rd rank of FTSE 100. History of HSBC HSBC Bank plc and its subsidiaries form a UK-based group providing a comprehensive range of banking and related financial services. HSBC Bank plc (formerly Midland Bank plc) was formed in England in 1836 and subsequently registered as a limited company in 1880. In 1923, the company adopted the name of Midland Bank Limited which it held until 1982 when the name was changed to Midland Bank plc. During the year ended 31 December 1992, Midland Bank plc became a wholly owned subsidiary undertaking of HSBC Holdings PLC (“HSBC Holdings”), whose Headquartered is in London. HSBC Bank plc adopted its current name, changing from Midland Bank plc, in the year ended 31 December 1999. The HSBC Group is one of the largest banking and financial services organisations in the world, with over 9,500 offices in 79 countries and territories in Europe, Hong Kong, the rest of Asia-Pacific, including the Middle East and Africa, North America and South America. Its total assets at 31 December 2009 were £579 billion. The Bank is the HSBC Group’s principal operating subsidiary undertaking in Europe. As at 31 December 2003, the Bank’s principal subsidiary...
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...The Sparkles Series Harley Davidson Organisation-led Integrated Marketing Angus Jenkinson Professor of Integrated Marketing Luton Business School angus.jenkinson@luton.ac.uk Branko Sain Research Fellow Luton Business School branko.sain@luton.ac.uk The Centre for Integrated Marketing has been funded by industry to research best practice and develop intellectual and other tools on behalf of leading marketers and their agencies. Anyone literate in Marketing is likely to respect the marketing achievement of Harley-Davidson in its marketing transformation from a no-hoper to one of the great brands of the Western world: an achievement that began not with agencies but with employees. $100 invested in Harley stock in 1986 was worth slightly more than $7,000 by the end of 1998 and the company continues to succeed. This was achieved by a revolution across the organisation centred everyone on re-invigorating the brand and its promise of value. Creating value is the name of the game The Harley Davidson transformation began with a company that was suffering. In the 10 years to 1983, Harley’s market share of the 850 CC plus motorcycle category had dropped from 80% to 23%. The company was haemorrhaging cash and profits. Staff were demoralised. The culture and environment was toxic. The first phase of the transformation involved rationalisation and tough command and control management. This was phase 1 management. It was not enough however to create success: for this positivity...
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...(M2) Compare the challenges to selected business activities within a selected organisation, in two different economic environments. It is very common in large businesses to expand abroad but there are a lot of factors to be considered when planning to start operation in a different country as countries differ depending on their background, policies, infrastructure and stability. In this report I will compare the challenges to business activities within Tesco Plc. In two different economic environments: China and UK. I have chosen China and UK as two contrasting countries and my chosen business is Tesco Plc., a large retail store in the UK. China is the 2nd most populated country in the world and is the largest economy in the wold in contrast UK has a significantly smaller population than China and is the second largest economy in the world. Chinese businesses have become much more efficient and China is now the largest Asian economy by a long way: meaning that if Tesco wanted to expand into China it would face a lot of competition and successful businesses with similar products. Tesco’s main most popular products are food and beverage where China is one of the world’s top producers of cereals: wheat, rice and sugar also meat, fruit, vegetables, tea and coffee which shows that in case where Tesco decides to start operating in China this could be considered as a challenge as locals would refuse to buy food from a retailer such as Tesco when they’ve got their own products. The...
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...The main aim of this report is to provide a brief description of the hospitality industry in UK along with its size, scope and diversity in order to convince the panel of potential investors to invest in the hospitality industry. My management consultancy firm was asked to produce a formal report focussing on the foreign business people to help them to decide whether to invest or not in particular sector of the industry for the coming London 2012 Olympic games. It will provide them a brief description of different ownership styles, management styles as well as organisational structure of several different sectors of the hospitality industry. Moreover, it will also provide the detail analysis of current trends, issues and recent developments within the industry. There are different sectors in the hospitality industry like hotels, restaurants, clubs and bars, contract catering, casinos etc. The particular sector that I am going to focus is the accommodation sector i.e. hotel and I am presenting the ideas that i have generated while doing the research. INDEX PAGE Executive Summary…………………………………………2 Definition of hospitality industry……………………………4 Scale, scope and diversity…………………………………...5 Organisational Structure……………………………………..6 Contemporary issues…………………………………………7 Changes in last 20 years……………………………………...8 Current trends…………………………………………………9 Conclusion…………………………………………………….9 Bibliography………………………………………………….10 Definition of hospitality industry Hospitality industry is a...
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...Analysis of Two Different Organisations: - (Waltham Forest College: Public Sector and Costa Coffee: Private Business Sector). * This Process Involved Assessing the Influence of Stakeholders and the Relationship Between Businesses and The Local, National and Global Market Environments. CONTENTS LIST PAGE Introduction 3 Literature Review 4 Overview: Critical Review 6 Methodology 7 Investigations/Findings 8-19 Conclusions 20 Recommendations 21 Bibliography/References 22 Appendices 24 1.1 INTRODUCTION This report is a qualitative analytical assessment (Easterby-Smith et al 1991) by the author on behalf of Charles Hunt Investments concerning two contrasting organisational types. The first entity is Waltham Forest College, which is an expanding UK public sector college. The other company is Costa Coffee – a successful UK based and international coffee chain which provides high quality food and beverages service to UK and overseas clients. The aim of this report is to investigate and qualify how Charles Hunt Investments can raise financial resources from (for) clients such as the above mentioned and examine ways, on a long term basis how to secure the best dividends (tangible and intangible benefits) for its stakeholders (Kotler, 1997). A further aim of this qualitative study is to identify areas (strategic business practices) of the two organisations which can be made more promising...
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...HNC Business Student Name: Claire Broughton Student Number: 30272054 Unit Title: Business Environment (Unit 1) Unit Leader: Nigel Groser Understanding the Business Environment Date of Submission: 15/11/2015 Word Count: 4342 Introduction The purpose of this report is to demonstrate an understanding of the business environment. Research into the John Lewis Partnership PLC will be utilised to show an understanding of the organisational purposes of businesses and the nature of the national environment in which businesses operate. The report will also address the behaviour of organisations in their market environment as well showing the significance of the global factors that shape national business activities. Section 1 1.1 Types of Organisation The John Lewis Partnership was founded in 1929 by John Spedan Lewis; the eldest of two sons whose father, John Lewis, had opened the first John Lewis store in 1864 in Oxford. Spedan Lewis has a unique approach to business in that the happiness of the employees was at the centre of his mind. He began to set up new practices such as a third weeks paid holiday, shorter working days, a staff committee and an in-house magazine, the Gazette, which is still published today. By 1914, these rather dramatic and forward-thinking adjustments to the staff working conditions were causing conflict between Spedan Lewis and his father, who was alarmed at such changes. This conflict resulted in Spedan Lewis withdrawing his active involvement with...
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...public, for profit organisation/business and is an American sportswear and retailer. It is a business that mainly focuses on clothing and footwear. Foot Locker is in the tertiary sector as they buy their footwear and apparel from suppliers and then go on to sell it to consumers/customers in their many stores around the world. They also advertise their product meaning they are in the tertiary sector. They are not in the secondary sector as they do not package their own products and therefore, they are not in the primary sector as they do not gather their own raw materials in order to make the products they then go on to sell. The main purpose of Foot Locker is to make a profit for shareholders like many other private companies. Also, they aim to increase their market share and to expand or develop the business further. Other purposes of Footlocker is to make a profit generally, Foot Locker insures good customer service 24 hours a day, 7 days a week. This will keep up a good reputation for their business. They also offer special offers online and in store with sales, this could insure customer loyalty as more customers will shop at Foot Locker due to the cheaper prices, this will increase sales, therefore, increasing the profits made by Foot Locker. Contrasting to this, the NSPCC is a Voluntary Organisation or a charity; it will be regulated by the Charities Commission Nationally and is managed by volunteer directors, meaning they get no pay. It is an organisation that is limited...
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...24765_NETWORKRAIL1 8/3/07 10:07 Page 1 www.thetimes100.co.uk Introduction When people think of rail travel they think of trains. They do not think about the infrastructure of the train network. This consists of countless bridges, viaducts, embankments, cuttings and tunnels. Independent companies built the first railways in the 19th century. From midnight on 31st December 1947 the government took control of the railway industry and British Rail ran it. In 1994 the railway industry was privatised and its services franchised to train operating companies such as Virgin and First Group. Responsibility for the infrastructure passed to a new plc called Railtrack. In 2002, the government transferred the assets and business of Railtrack to a new not-for-dividend company – Network Rail. When Network Rail was created it needed to invest in the tracks and services. Since 2002, it has made many improvements. For example, in 2005 it replaced or repaired over 700 miles of rail. Network Rail is a company limited by guarantee with a board of directors but no shares or shareholders. Instead, it has unpaid stakeholder 'members' who check standards of corporate governance and monitor performance. Strategy and the external environment The external environment is the context in which a business operates. This takes in various factors including those outside its control, for example, laws or standards. Each factor can have an effect on the business – positive or negative...
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...Figures Figure 1 - Ansoff Growth Matrix for Premier Inn 3 Figure 2 - BCG Growth Share Matrix of Premier Inn 4 Figure 3 - Strengths and Weaknesses of Premier Inn 5 Figure 4 - Stakeholder Analysis of Premier Inn 7 Figure 5 - SAFe Analysis for Premier Inn 10 Introduction and Background This paper examines various factors related to strategic planning, such as the process of strategic planning, approaches and theoretical models linked with strategic planning, and the implementation of strategic plans by taking Premier Inn as the case study organisation. This paper shed light into how strategic planning models and theories can be used in real life situations to create the best suitable outcomes for an organisations, depending on its goals, vision, strategic capabilities and such. The report details how Premier Inn has aligned its strategic planning process and used its plans to become a leading hospitality service provider in the UK market. Premier Inn is the leading budget hotel chain in the...
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...Challenges ............................................................. 10 4. Conclusion ................................................................. 11 Introduction: The world has developed ever more intricate, resulting from the greater interdependence among world economies (Thompson, 2002) and the success of organisations is largely determined on how well the organisation adjusts all its tangible and intangible properties to keep itself on track of its surrounding or business environment (Armenakes & Bedeian, 1999). As a market analyst, the organisation undertaken to analyse business environment is Tesco Plc. Tesco Plc is a British global grocery and all-purpose merchandise retailer founded in 1919 by Jack Cohen. It is the 3rd largest retailer in the world and operates in more than 14 countries across Asia, Europe and North America. Tesco is listed on the London Stock Exchange with a market capitalisation of approximately £24.4 billion and annual turnover of £64.539 billion in 2012. (Wikipedia.org). TASK 1: Tesco Business Environment Analysis: Before we start to examine the above organisation, it is important to understand the term Business Environment. Business environment is the aggregate of all...
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