The organisation that I will write about is…(identify main products/services provided) • The aims of the organisation are… • To achieve these aims, the organisation can set objectives such as… P2 – Describe the purpose for the business in setting aims and objectives Introduction: Using the businesses I have identified earlier I will now describe why they
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which has completely revolutionized business and the way in which businesses can operate. It’s now easier for customers to compare prices/products with a little time spent browsing the Internet opposed to dragging themselves to the stores. This means that e-commerce is having an impact on what and how much businesses sell, therefore influencing the profits the business gets. In this essay I will consider whether an e-commerce strategy is the best way for a business to increase their profits, or whether
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have a group discussion on their business ideas. While other groups are trying to invent a new product or innovate on an existing product in the market, my group mates are trying to do something different. Instead of coming out with a tangible product, we have come out with an intangible business idea – to sell a business idea which is based on a good cause. We have agreed to work on this idea and we had a brainstorming session to come out with a concrete business structure of the idea. We are trying
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financial capacity and market knowledge. [pic] Major portion of the existing market share is with Indian companies with a few Joint Ventures of global giants. FDI policies of India have not been very conducive to the entry of global retailers like TESCO & Wal-Mart. While the current government has increased FDI investment to 51%, it has also put in conditions of minimum $100 million investment and split of investment in front & backend operations. Main political opposition parties have made their
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M1- Analyse the implication of government policies for Tesco and the possible reactions of the business to government decisions. What actions the Tesco would take based on the policies? What the government expect the businesses to do? Possible reactions of the businesses to the government policies? What would businesses do for the changes the government makes? Economical policy Environmental policy health policy competition policy The economical policy affects Tesco’s. The possible changes
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it sole trader, Partnership, Private Ltd Company (LTD) or Public Limited Company (plc) or Government owned) My fist chosen company is Tesco’s which was founded in 1919 by Jack Cohen as a group of market stalls. (Information from Wikipedia) a) Tesco is a global store with over 1800 stores worldwide. b) Tesco’s is part of the private sector, which means it is part of the national economy that is not under direct state control. c) It is Tertiary as it doesn't make the products it sells it just
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Unit 43 LO2: Know the social media for business environment P2 Social media platforms in the business: Businesses nowadays are becoming more and more reliant on technology for day to day operations because of the efficiency and ease of use that it provides. As well as this, it is likely that more and more businesses will use some forms of social media within the workforce to make communication more effective and to help get things done quicker, the kinds of social media that businesses will
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Macro and Specific Environment Macro and Specific Environment 2011 Mohd Haizam Bin Idris (ZP00942) Masters of Business Administration 5/1/2011 2011 Mohd Haizam Bin Idris (ZP00942) Masters of Business Administration 5/1/2011 1.0 Introduction In today’s organisation, responding accurately to the factors that may affect the organisational performance. In this case, analysis on macro and specific environment has been analysed to identify the elements of the macro and specific environment
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Unit 1 Business Environment Type, sector, purpose and ownership of businesses There are different types, purposes and ownership of businesses such as; Charity or not for profit organisations, private limited company and international/global. Organisations operating in the public sector i.e. for benefit of everyone and not making a profit. Organisations operating in private sector are trying to make a profit such as Tesco, M&S, ALDI etc. even if they are called a public limited company
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First Unit 1: Business Purposes Learning outcomes By the end of this assignment you should: • Understand the purpose and ownership of a business. • Understand the business context in which organisations operate. Scenario You have got a job working in the business advisory service of the county council. As part of your job you have to produce materials to explain various aspects of the business world to students and people thinking of starting their own business. These tasks
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