Task 3: (P3)‚ (P4) and (P5) Unit 16: Starting Up Your Own Business Business Plan Name of Business: Edas restaurant Name: Sade Business Address: Flat 9 Merstone House‚ Borrodaile Road‚ SW18 2LF Nature of the business & Unique Selling Point: Fresh food and a unique fish. Long-term plans for the business: To expand the business globally Legal status: Partnership
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Describe the social implications of business ethics facing Marks and Spencer in its different areas of activity. Ethics must be global‚ not local. In order to build a truly great global business the leaders need to bring forward a global standard of ethical practices. The only way to build a great global company is with a single global standard of business practices‚ vigorously communicated and rigorously enforced. Companies must layout the same business standards in Chicago‚ Paris‚ and Shanghai
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fresh and ready made products . Sainsbury’s Bank plc is a british bank owned by the company. The bank provides a range of financial products including insurance‚ credit cards‚ savings and loans Attracting Customers Excellent customer service A business can persuade a customer to keep coming back through good customer service as it ensures they leave with a great impression. Customers will feel valued and important if they are provided with great customer service. In addition‚ the customer will
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contrasting business. Stake Holders for Marks & Spencer’s and Pool Hayes Community School: 1. Customers 2. Management 3. Suppliers 4. Employees 5. Owners/Share holders 6. Trade Unions\Employer Associations 7. Local & National Communities 8. Environment 9. Government Customers are the most important stakeholders in Marks & Spencer’s as they are the people that by there products off of them. They have the potential to make the business or break
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* LO2.1‚2.3 compare different leadership styles used in selected organization and assess similarities and dissimilarities of management style applied in such organization * INTRODUCTION * .Define the leadership and leadership styles. * Define the leadership Leading is the process of influencing people to work towards a common goal. The essence of leadership dynamic process in a team where one individual influence the others to contribute voluntarily to the achievement of group task
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1.1 Organisations can be classified in terms of their business purpose‚ ‘for profit’ or ‘not for profit’ organisations. Organisations that seek to make a profit are mainly private sector businesses which provide goods/services and must make a profit to survive. They can break even or even make a loss for a very short time or they will cease to exist. The main structure of profit seeking organisations includes: 1. SOLE TRADER. Business owned by a single person‚ bearing full responsibility of
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Unit 3 – 4.1 It is important that you are aware of the signs‚ symptoms and indicators of child abuse; because when you see child is not happy or there is a change in personality then this could raise concerns that a child is being neglected or abused. There are different types of signs and symptoms ‚ changes in behaviour and indicators that this abuse is occurring‚ these are: Physical abuse‚ bruises to the eyes‚ mouth‚ or ears‚ fingertip bruising (grasp mark)‚ bruises of different ages in the same
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INTRODUCTION In this report I will be further discussing about the market research of Sandwich Delight in Detail. I will be analysing the data I obtained from both primary and secondary researches to discuss about the demands for my business and whether my chosen business will succeed in future. I will be also looking at the appropriateness of the research methods and the sampling methods. Analysis of questionnaire (primary research) As part of my market research for the Sandwich Delight I used different
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M4 & P6 In a business‚ there are several different types of budgets that has different department/area the business has to make. For example‚ in a business‚ you can find the sales and revenue budget (a financial document that set out the business expected sales and revenue from selling its products or services)‚ the expenditure budget (financial document that sets out the expected expenditures of a monthly basis on those items) and the profit budget (financial documents that sets out the predicted
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Unit 5: Business Accounting Memo TO: Chief Executive Office FROM: SARAH (Finance Manager) PRIORITY: High SUBJECT: Purpose of accounting in Pompomi Incorporated DATE: Monday 18th October 2012 CC: Financial accounting is the means of measuring of the company’s economic performance. The purpose of accounting is to provide the information that is needed for sound economic decision making. The main purpose of financial accounting is to prepare financial reports that provide information
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