...BTEC HND Business Assessment activity front sheet Student Name: Hafiz Naveed Ahmad Abbasi Assessor Name: C Palmer I.V Name: M Towler Assignment Title: Business Environment Unit: 1 Title: Business Environment Purpose: The aim of this unit is to provide learners with an understanding of different organisations, the influence of stakeholders and the relationship between businesses and the local, national and global environment. Date Set: 13/09/2011 Deadline: 29/09/2011 Learning Outcomes: LO1: understand the organisational purposes of businesses LO2: understand the nature of the national environment in which businesses operate Activities: • Purposes of organisations (1.1, 1.2, 1.3) • Nature of the national environment businesses operate in (2.1, 2.2, 2.3) Specific Assessment Guidance: • Read all questions carefully. • Use appropriate business terminology when answering questions. • Make sure sentences have correct grammar. • All work to be produced on Word processing software in an academic format. • Only use credible sources to support your work • Internet articles, books, appropriate magazines and newspapers can be used as sources of information • Harvard referencing or an appropriate referencing system must be used REMEMBER TO SIGN, DATE AND ATTACH THIS FRONT COVER TO YOUR WORK Grading method: Pass, Merit, Distinction Student Name: I confirm that the submitted work is entirely my own. Signed: Date: BUSINESS CONSULTANCY: AJ CLOTHING As part of your job you have been...
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...Understanding the organisational purposes of businesses Introduction Within this assignment I will use Marks and Spencer’s (M&S) as my organisation as an example to answer the criteria, I will source a range of information from a range of resources that will produce reliable information. M&S is largely recognized organisation amongst the high street, offering high quality products to their customers. I feel M&S will be the best example to use as I work within M&S therefore I am quite knowledgeable of the criteria headlines set below. Identify the purposes of different types of organisation Different organisations will have different mission, values and objectives that they would like to encounter. It is first important to define Mission and Values and how M&S meets them. In terms of Mission it is the long-term goal your organisation seeks to achieve, and in terms of Values those things your organisations believes in and search for to understand in its work Within M&S’s their objectives are incorporated within its mission statement of Vision, Mission and Values: Vision: The standard against which all others are measured Mission: Making aspirational quality accessible to all Values: Quality, Value, Service, innovation and trust The Mission Statement is a vital part of a business organization in strategic planning, it assess what key objectives they would like to endure. This is a vital building block to the organisations overall strategic planning and how they would...
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...Introduction In this Unit, I have to understand the organisational purposes of businesses by identifying the purposes of different types of organisation, describing the extent to which an organisation meets the objectives of different stakeholders and explaining the responsibilities of an organisation and strategies employed to meet them. Identify the purposes of different types of organisation It is necessary for an organisation that, before it devises its strategy, it must know where it is going and in what direction to move to pursue such aims. J Thompson (1990) describes the mission statement of a company as defining the primary purpose of the organisation, what business it is in and, whom the company is seeking to serve and satisfy. Therefore, the organisation activities should revolve around the mission statement. Many companies, in order to remind employees about their roles and what is being pursued, they have mission statements on the wall. Furthermore, Vision builds up on the Mission Statement, that is, what the organisation aims to grow in the future. Richard Koch (1997) defines vision as a long-term target of how the organisation be shaped in the future and what it could become. Additionally, he clearly differentiates the mission, that is the company’s role and nature and; the vision, that is, what the company could turn into the future. To maintain focus on the direction needed and to have success, aims are necessary for the organisation. These aims can include...
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...The objectives and culture of organisations have evolved over the years and in order to understand the purposes of businesses it is necessary to examine several components. This section will firstly, identify different types of organisations and the varying purposes they hold. It will then progress to explain the extent to which an organisation meets the objectives of various stakeholders, an example will also be included here to help illustrate this. Consequent to this, this section will also explain the responsibilities of an organisation and strategies adopted by the firm to ensure it meets them. • Identify the purpose of different types of organisation There are numerous types of organisations and every organisation will vary to suit the needs of the individual and the business type. A sole trader is an individual who sets up, controls and provides for their own business. They may throughout time look into employing other people however the individual will be the sole owner. The sole trader will have unlimited liability and they will be the exclusive decision maker and fully reliable for any debt that may occur throughout the full business lifespan. A sole trader organisation will have strong relationships with their clients as there likely to have a smaller cliental. However being a sole trader has its disadvantages and one of them is the lack of cover if the owner is off sick or wanting holidays, which means the organisation is likely to stop trading during this time resulting...
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...Major Definite Purpose: Questions to Ask Yourself (3) 1. 5 most basic virtues: Love, Peace, Truth, Right Actions and Non-Violence. I strongly believe in allowing the universe to take its course in my life. I live life through a “vision board”, where I envision all that I want out of life and strongly affirm to making it happen. I believe that it is only when you see others are divine sparks of God will you have truly realized the purpose of life. I live or at least try to inculcate in my life the 5 values listed above and all my thoughts words and actions are benchmarked on those. 2. To be successful – career wise To be the best mother and wife I possibly can To enjoy life to the fullest 3. Do everything to ensure that my child is well taken care of use every moment to realize God consciousness. 4. Give it to my parents. They have worked so hard for everything and I want to be able to give them some time to rest and relax and enjoy life. 5. Letting my superiors know what I really think of them. Speaking out, especially if it is not positive is something that I have a problem doing. 6. My belief in God and my family. My husband and son are my greatest joy and pride and bring me the greatest sense of accomplishment. 7. Dream of being able to rid the world of poverty. While it may seem like an over ambitious goal, it is heart wrenching to see children suffer for food that some people throw away so much of everyday. If I can guarantee this I would take...
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... Abstract This paper intends to the necessity of personal development for promoting our country in the map of the world. The paper discuss on the role of personal development that we need in every aspects in our life. It will be able to make us more effective that will help us to reach our goals. The concept of the paper is discussed into a main article (Necessity of personal development) which is distributed in different sections. These sections had told about the role of personal development in our life such as setting goals, focusing, balancing and recognizing our strengths, are all positive attitudes and we need positive thoughts and behaviors in order to accomplish the purpose of life. ROLE OF PERSONAL DEVELOPMENT 3 INTRODUCTION Self development is personal development which can be used to support the person in achieving goals and objectives. It is the process of knowing and enhancing our attitudes, behavior and feelings to have a healthier , happier and successful life. Peter Drucker (1955) postulates that “Development is always self-development. Nothing could be more absurd than for the enterprise to assume responsibility for the development of a man . The responsibility rests with the individual...
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...Design Responsibility under Design and Construct Contracts: Some issues for Principals Introduction There are a number of reasons design and construct (D&C) contracts are attractive to principals and lenders. There is a single point of responsibility for both design and construction aspects of the project, the principal is able to fast track the project although not all aspects of the construction are complete, there is greater certainty of price and the contractor is involved from the earliest stage in planning design and programming. In consequence, the principal will need to accept a higher price for the contractor to take on this additional risk compared to more traditional construct only contracts. This paper will identify some issues for principals to consider when allocating design responsibility to contractors within a D&C project. These issues arise as the design and construct process involves a fundamental conflict of interest. Principals desire to have constructed a product of the best quality for the lowest possibly price. The contractor on the other hand is more likely to make a higher profit if the product is of a lower quality (and therefore cost) and a higher price (as opposed to costs). In addition, although a greater proportion of design risk is placed on the contractor, this passing of risk is often accompanied by the abrogation of responsibility and loss of control. The paper will refer to the approaches of 3 standard form contracts -...
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...for this stage because she will grow to be outgoing and sociable as their reflection along with being affectionate to others from the attention she was given in this stage. (Early child hood 2-3 years) In the early childhood stage Crystal is becoming curious and attempting to achieve some type of independence such as feeding herself and learning to use the bathroom on her own. Crystal is speaking and saying small words and already walking. This stage is a success with the interactive behavior from the parents and family being encouraging of independence and autonomy. (Preschool 3 to 5 years) Crystal is taught become aware of helping family with small chores and assisting with younger siblings. The success of this stage is the given purpose in life and power. (School age 6 to 11 years) Crystal now understands the importance of school work and teachers expecting her to complete certain educational tasks. In this stage the conflicts are industry Vs inferiority. The success of this stage leads to a sense of competency. (Adolescence 12 to 18) Crystal is surrounded by friends who are all different as far as personality she is learning her identity and is easily confused in social relationships. Her parents teach her to remain independent and mentally strong as well as to continue to be who she is at all times. The success of this stage is that she...
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...positive definition one can make of "what it is." We as humans are aware that we have the freedom to choose but this is a decision made possible by our own free will and freedom. "Bad faith" is the paradoxical free decision to deny to ourselves this inescapable freedom. As humans we are consciously aware of who we are and aware of what we are. However "Bad faith" offers the free decision to deny ourselves of this freedom. Sartre cites a café waiter, whose movements and conversation are a little too keenly. He is eager to please and he carries the food solidly and impressively, "his movement is quick and forward, a little too precise, a little too rapid". His exaggerated behavior demonstrates that he is acting as a waiter, and as though his purpose in life is to simply be a waiter. He is obviously acting that lie and is aware that he is not just a waiter, but is rather consciously deceiving himself as a waiter. Sartre believes that this is "bad faith."...
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...Purpose Of Life About ten years ago I was working so much I forgot about my health, family and friends. Somewhere along the road of shooting to become a successful business owner I lost track of what was most important. My dream somehow turned into a reality of being stressed out, and unhappy. It finally hit me...... Work had become my life's purpose. Like so many other entrepreneurs, I started my business for a chance at freedom and opportunity to be the master of my own destiny. I had visions of success and money, and with that I believed I could one day finally be happy. But the reality was I was not happy. I was miserable. I won't bare you with business concepts, but there is one important concept I learned that changed my life and I want to share it with you. All great companies have four things: purpose, vision, mission and care values. I asked myself, why can't I apply these ideas to my life? So I did, and here's how you can apply it to. Your life's purpose is the reason why you exist. It's the reason for being. Let me ask you again, because it's in my humble opinion, the most important question you could ever ask yourself – why do you exist? In the past, if you asked me what my life's purpose was – I would have told you it was to make lots of money. Believe me, there's nothing wrong with making money, but for myself, I finally realized it was not the reason why I exist. It was only an enabler at best. Finding your life's purpose is very much about...
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...able to . . . When I complete my education, I want to be able to be ready for my career. I want to be able to start my own business in the field of my choice. I want to be able to be self-sufficient and take care of my family based on my thriving business success. My education is a vital part in starting my business, which is why I have to make sure that I am successful and complete my studies on time. With my education I will have made all the necessary connections for me to start my business and it to be profitable. I also want to be in the fortune 500, as one of the best. I also want to be able to purchase the basics house, car of my choice, and stocks. Part 2 My purpose for being in school is my children, I have to be successful and complete my educational goals. My purpose for being in school is myself, I am determined to complete school so that I can better myself in my personal life. I am motivated to complete school because without my degree I believe that I will not be successful in my life. This is a last alternative for me so I have to give it my all and make getting an education work for me in my life. Based on your results of the CSFI, which dimensions have you explored this week? I have explored my time management skills and I have made the necessary adjustments so that I am successful in school. Explain how have you applied the information from the text to the dimensions you named in part a. I have taken the time to evaluate...
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...Purpose of Brochure The main purpose of the brochure is to inform potential customers about the business, and what sorts of products they sell. Panel 1 – This panel is essentially the most significant as it is the first part of the brochure that potential customers will see. Panel 1 contains a small amount of text, with four images and a bold, eye-catching WordArt title. I feel that it is purposeful because the images represent the products which are sold within the shop, and the text offers a brief overview of what sorts of products the shop sells. Panel 2 – The purpose of Panel 2 is to provide the potential customers with details on how to contact the business, should they want to. It contains the address of the business, an email address, and a telephone/fax number. There is also a map of Llangollen showing where ‘Cottage Cards and Crafts’ is located. Panel 3 – It informs potential customers about the business, with minimal text so that it does not look overloaded with text (which could put people off viewing it). It also contains 3 images of Llangollen within panel 3, which are purposeful because ‘Cottage Cards & Crafts’ is located in Llangollen. Panel 4 – The purpose of panel 4 is to convey a small amount of information about lovespoons. There is also 2 images on that panel; one of lovespoons and one of a welsh dragon. They are purposeful because ‘Cottage Cards & Crafts’ sell welsh lovespoons. Panel 5 - This panel contains a combination of text and images...
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...Plate Tectonics General Purpose: To inform Specific Purpose: To inform the audience about the Earth’s plate tectonics. I. Introduction A. Attention getter: Have you ever wondered what is the reason why there are earthquakes on Earth? B. Thesis statement: I know I have because I’m always hearing about earthquakes happening all around the globe. C. Personal Credibility: Well I did some research and I found out a lot of interesting information. D. Audience motivation/reason to listen: I found out that the reason behind it is plate tectonics. Plate tectonics are a big reason for earthquakes and since we all live in California that is very relevant to all of us. E. Preview of main ideas: (list briefly, no details) 1. What are plate tectonics?...
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...needs, functions, and goals. When considering the best design, one must first define the purpose of the company. All other features of the company’s organizational methods should center around fulfilling this purpose. A company whose purpose is centered around helping others, for example, would need a very different design than a company that is technologically focused. If both companies were to utilize the same design principles, one or both would be operating well below their optimum potential. In addition to considering the purpose of the company, organizational design must also evaluate the skills and purposes of the individual employees. A creative company may thrive with a loose organizational system, ample opportunities for free brainstorming, and playful incentives. A company with more left-brained individuals may do better with a rigid, well-defined structure. Most situations will call for a unique blend of these methods. A company’s organizational design also serves to define the chain of command and division of labor within the group. It determines who each individual reports to, what various departments are responsible for, and how everyone works together. The best designs typically allow for plentiful communication both between managers and employees as well as between various divisions of the company. Many consulting firms specialize in organizational design. Their purpose is to look at a company’s performance, methodology, and...
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...The short video entitle “Kambas ng Lipunan” made me realize the true face of society and the reality we live in. I have so many questions I ask myself like “What is my purpose in life? Am I on the right path? Have I done anything to help those in need?” but until now I still don’t have the answers. The maker of the short video, Joey Velasco, shared his talent and tried to make a difference in the society through his paintings Most of us would just watch and do nothing, but one man stood up and made an impact. It really is an eye-opener for the viewers to cherish and be thankful on the blessing that we receive. While I am spending money for such nonsense things, others are dying of hunger. I was a man who did not think of the value of money for others nor have I thought how hard it was to earn it, and it was proven true when I saw the clip. They are obliged to work for them to live, instead of them going to school and have a proper education for a brighter future. I don’t know how these children handle all the pressure and burden of being a breadwinner at such a young age. But as I watched the video, I can still the smile on their faces as if they don’t have problems or that they can face any obstacle they experience. It just shows that these children still haven’t lose hope of making their lives better. I have felt this extra ordinary kind of guilt within me. I can’t explain that feeling, it seems that I am very useless for I can’t do anything to those who are less fortunate...
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