selection of taste and individuality so as to be accepted as fast food retailer. For example when the Asian countries are observed (China, Hong Kong, Japan, Taipei, South Korea) McDonalds success around the world is due to its franchising way of business and hiring local management. In most of the countries over 50% of the
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are lot many variations as well determine the particular market structure in the economy. Task 1 : You are required to identify different types of market structure , and explain how market structure determine the pricing and output decision of business : There are many types of markets: * Perfect competition * Monopolistic competition * Oligopoly * Monopoly * Duopoly Perfect competition Perfect competition can be described as competitive depends in part on how many suppliers are
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organisation is making business decisions as they have to remain ethical and provide equal opportunities to employees. It is said that the structure of organisation has an impact not only on the type of stakeholders involved but also to a large degree on how their interests are represented. (Worthington. I, Britton. C, 2011) Investors are the providers of risk capital and their advisers are concerned with the risk inherent in, and return provided by, their investments. A business must always meet the
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ASSESSMENT FRONT SHEET LONDON SCHOOL OF COMMMERCE AND IT Programme: BTEC Higher National Diploma in Business Unit Title: Business Environment Unit Code-: Y/601/0546 Credit Value: 15 QCF Level: 4 Module Tutor: Dr. M K Newaz Email: mknewaz@yahoo.com SCOPE OF THE COURSEWORK Learning outcomes and criteria covered by this assignment: • All pass criteria (P1-P12) • All merit descriptors (M1-M3) • All distinction descriptors (D1-D3) Key dates
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Topic 2 - Business Environment of UK PESTL Analysis of UK A PESTLE analysis provides and analysis of six of the key macro level factors which affect the country and the decision which it makes. Political There are a wide range of political factors which affects UK at present but also factors which may have an impact upon the country in the future. One key political decision which affects UK is the rate of tax levied by the government. At present, levels of corporation tax in the UK have been lowered
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ORGANISATION (P1.1) Different types of organizations have their own business policies, structure, and strategies and so are their purposes. So, whatever the business organizations there must be some specific purposes for which the organization was established (Nordhaus, 2009). The major organization’s types are sole proprietorship, partnership and corporation. The following organizations are analysed to find out their business types and purposes; a) Virgin Group LTD: Virgin Group LTD is a private
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charity organisation with non profit motive. Part 1 Task 1.1 Business, Purpose and Ownership of two contrasting businesses. M&S is one of the leading retailers of UK, with over 1330 stores worldwide. Founded in 1883, it has grown from a single market stall to an international, multi channel retailer. They have a broad customer base of 33 million customers through 852 UK stores and the e commerce platform. Their business is built upon the strong values of Innovation, Inspiration and Integrity
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M2 – Compare the challenges to selected business activities within a selected organisation in two different economic environments The two contrasting environments I am going to look at are: 1) Economy in Growth –Economic growth is the increase in the market value of the goods and services produced by an economy over time. Economic growth can be measured by changes in inflation. Gross Domestic Product is used to measure population differences between countries. Tesco Stability - Stable economic
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Doing Business 2015 India Economy Profile 2015 India Doing Business 2015 India © 2014 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW, Washington, DC 20433 Telephone: 202-473-1000; Internet: www.worldbank.org All rights reserved. 1 2 3 4 17 16 15 14 This work is a product of the staff of The World Bank with external contributions. The findings, interpretations, and conclusions expressed in this work do not necessarily reflect the
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The Business Environment Tesco PLC is a British multinational grocery and general merchandise retailer headquarters in Cheshunt, Hertfordshire, England, United Kingdom. It is the third largest retailer in the world measured by profits and second-largest retailer in the world measured by revenues. It has stores in 12 countries across Asia and Europe and is the grocery market leader in the UK (where it has a market share of around 28.4%), Ireland, Hungary, Malaysia, and Thailand. Tesco was founded
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