number and title | Pearson BTEC Level 5 HND Diploma in Business (Accounting) | (Y/601/0546)Unit 1 Business Environment | Student name / BTEC Registration Number | Assessor name | Hoang Quang HungHoang Tuan DungDao Tien Hoang | F08-027F08-013F08-024 | Martin Ortega-Azurduy | Date issued | Hand in deadline | Submitted on | TBA | 5/11/2015 | 5/11/2015 | | | Assignment title | Assignment 1 : The Virgin Group and its environment | In this assessment you will have opportunities to provide
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main purposes 4 1.2. Describe the extent to which an organisation meets the objectives of its different stakeholders 4 1.3. Explain the responsibilities of an organisation and strategies employed to meet them 5 Task 2. The nature of the national environment in which your chosen business operates 6 2.1. Explain how economic systems attempt to allocate resources effectively 6 2.2. Assess the impact of fiscal and monetary policy on business organisations and their activities 7 2.3. Evaluate the
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environment Introduction Business environment is the combination of two factors internal and external. These two factors influence a company’s operating situation. In other words business environment is the sum of living person, location and natural resources. In business environment internal factors include five M’s such as, man, material, money, machine and management. These internal factors change the function of business. External factor are those factors which are beyond the control of business enterprise
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BUSINESS ENVIRONMENT UNIT:1 Introduction Business may be understood as the organized efforts of enterprises to supply consumers with goods and services for a profit. The following essay contains some details about the business environment such as types of organisations, EU rules and regulations policies of the market control. 1.1 Identify the purposes of different types of organisation. 1. Sole traders The sole trader is a common form of business ownership and is found in a wide range
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issued | Completion date | Submitted on | 17.11.2014 | 2.1.2015 | 2.1.2015 | Qualification | Unit number and title | Edexcel BTEC Level 4 HNC Diploma in Business | Unit 3 – Business Environment (EDEXCEL Unit – 1) | A | | Assignment title | Business Environment (Assignment 1 of 1) | In this assessment you will have opportunities to provide evidence against the following criteria. a Indicate the page numbers where the evidence can be found. |
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provide a reliable source of supply to the business. Macro environment or external environment that describes the outside of the organization. The macro environment consists of economic, demographic, natural, cultural and political forces. The detailed business environment in various factors are explained below Task 1 Businesses Organizational Purposes 1.1 Identify the purposes of different types of organisation in England: * The different types of organization in business environment
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B401: Business Environment 15100150 Level 4 ALWAYS LEARNING 2 PEARSON B401: Business Environment 15100150 Level 4 B401 – Assignment ..................................................................................................................... 5 business environment .......................................................................................................................... 5 Task 1 .....................................................................
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different responsibilities have been analyzed. Furthermore it investigates the resource allocation of the economic system in which the Bogawanthalawa Tea Estates PLC operates and the impact of monetary and fiscal policy on this organization and of competition policy on the activities of a business organization. By assuming that the aforesaid organization is operating in a monopolistic competitive market, the report analyzes the way how pricing decisions are made. Furthermore the impact of market forces and
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Human Resource Management. SECTION A Part one: Multiple choices: 1 Ans. c. Ethnocentrism 2 Ans. a. Job analysis 3. Ans b. Minimum wages Act, 1948 4. Ans. b. Placement 5. Ans. b. Development 6. Ans. a. Planned Change 7. Ans. d. Performance management system 8. Ans. c. Rating Scale 9. Ans a. Human resources 10. Ans. b. Management game Part Two: Q1.Explain the importance of Career planning in industry. Ans: The importance of Career Planning in industry are the following; 1. Proper
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1. Introduction and Background of Budget The Capital Budget of the public sector or sometimes also known as Public Budget concerns how the government plans its revenues and expenditures at the Federal level, State level, and Local government level, to carter for the needs of its development programs and projects. In a democratic society, the division of resources between the public and private sectors is roughly determined by the desires of the electorate. But because it’s such a complex and time-consuming
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