Contents Introduction 2 Task 1- Understand the Organisational Purposes of Business 2 A) The main purposes of business 2 Local councils 2 Small businesses: 3 Multinational corporations 4 British Telecom 5 B) Stakeholder Influence Map for BT 6 C) Social, Economic and Environmental Responsibilities for BT 8 Task 2- The economic, social and global environment 9 A) Real Life Example on command, free enterprise system and a mixed economy 9 Example one 9 Example two 10 Example
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THE BUSINESS ENVIRONMENT – UNIT 1- ASSIGNMENT 1 P1 The two businesses’ I have chosen are ASDA and OXFAM. Both are business are hugely recognised, but differ in their business approach. Asda’s aim is to provide a variety of food/necessities/clothing/fuel and to make a profit of these sales, but still provide them at a competitive rate. However Oxfam’s aim is to aid those who are less fortunate by providing clothing, food, shelter at no cost. Oxfam has no intention of making profit as it is a
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Legal Structure of Business Organization: A business Organization may have three legal option or structure, they are: Sole Trader: A person who runs unincorporated business on his or her own. Sometimes it is known as "sole proprietor" or "sole practitioner". Partnership: A partnership is an association of two or more people formed for the purpose of carrying on a business. Partnerships are governed by the Partnership Act (1890). Incorporated Company: Incorporating business actions into a company
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the world is getting bigger every day, therefore the public and private firms in UK are committing more and more to improve their employee’s skill, knowledge or quality of service. The private firms in the UK focus on customer service, working environment and how the make it best. Public sector as well is working on its human resource development by making standards for consumers. The competency movements are an effective and essential part of learning and improving performance. Higher success
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Contents Task 1 ............................................................................................................................................................ 2 P 1.1 .......................................................................................................................................................... 2 Virgin Group Limited ............................................................................................................................. 2 Sainsbury PLC
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Business Environment Table of Contents Introduction 3 Task 1: Introducing Barts Health NHS and its industry and knowing its environment. 4 P1.1 Knowing the background and nature of Barts Health NHS. 4 P1.2 Competitive position of Barts Health NHS in the health care industry. 6 Task 2: Evaluate and explain how managers try to motivate their staff, in order to retain and improve their position in the sector that they compete. 7 P2.1 Use of two factors theory and X&Y theories and Vroom’s
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Business Environment of China Unawareness is a state that results due to lack of attention or knowledge concerning a particular aspect. Usually, it may result due to forgetfulness or may as a result of unconsciousness. As a result, it causes one to have limited information about one self or the surrounding. In most cases, nescience is often confused with denial which is the inability to cope with a stressful circumstance psychologically. In most social life the lack of knowledge can cause huge
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------------------------------------------------- business enviroment ORGANIZATIONAL AND PURPOSE OF BUSINESSES TASK 1 CONTRAST OF TWO MARKETS FOR DIXONS CARPHONE COMPANY TASK 2 December 7, 2014 December 7, 2014 Contents Executive summary 2 Carphone Warehouse 3 Mission 3 Vision 3 Purpose 3 Stakeholders 4 Dixons Carphone plc (Currency GBp) 4 Director Shareholdings 5 Hill Farm Furniture 6 Purpose 6 Mission/Vision 6 Stakeholders 6 CONTRAST OF TWO MARKETS
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Definition of Human Resource Management “Human Resource Management is a central philosophy that people in the organization are managed and transition of this into policies and practice. To be effective the policies and procedures must be aligned with business or organizational strategy.” (Torrington and Hall) Nature of the human resource in organizations Human Resource Management brings organizations and people together so that the goals of each are met. The nature of HRM includes: 1. Broader function:
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Defining the Business Environment - A Thorough Analysis of External and Internal Environment! Successful Business Planning Defining the Business Environment - A Thorough Analysis of External and Internal Environment! Defining the Business Environment - A Thorough Analysis of External and Internal Environment! Successful Business Planning To succeed in business, you need a persuasive and strategic marketing plan. Find out how you can develop a Marketing and Sales Plan that drives sales and
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