P5- In this task I am going to look at how The business are impacted by European and international factors‚ I will also look at what impact these factors cause The business The first implication that will impact The business is the European Union‚ which has been in a deep recession this is because consumer demand has fallen‚ whilst unemployment rates are increasing across the European union. This has caused great concern to global markets as the possibility that Greece may not be able to
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Pass1 Unit 3 Definition The management process through which goods and services move from concept to the customer. As a practice‚ it consists in coordination of four elements called 4P’s: (1) identification‚ selection‚ and development of a product‚ (2) determination of its price‚ (3) selection of a distribution channel to reach the customer’s place‚ and (4) development and implementation of a promotional strategy. As a philosophy‚ marketing is based on thinking about the business in terms
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Impacts of Cruising There are both positive and negative impacts to cruising on different countries. Some can have a great affect on the ship and the area where the ship docks‚ others can have a negative affect on the cruise area itself and the people who live in and around the ports of call. The first positive impact which I am going to talk about is there are more jobs created by having a port where a big cruise ship comes into. Jobs will be available: • Servicing the port and ship
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BSBRSK501A MANAGE RISK ASSESSMENT ACTIVITY 6 First of all‚ the aim of business is increasing of income. They should consider how to maintain existing regular income and to increase new revenue by the expansion. When the business is expanded‚ they should have enough research and money. The expand looks dangerous. For the safety‚ they need life guards who are strong swimmers and helpers to control houseboat in high winds. It has many interceptive problems for the expansion like climate
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Unit 3 P3: Describe how a selected organisation uses marketing research to contribute to the development of its marketing plan. My selected organisation is Virgin Media; I am going to talk about the types of market research they do to contribute to their development plans. I will cover the following: Primary research Secondary research Qualitative research Quantitative research Virgin Media: Primary Research Primary Research is a business finding out a piece of information first-hand. The
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Unit 2 Business Resources M2: Asses the importance of employability and personal skills in recruitment and retention of staff and selected organisations. Interview Preparation Researching what to do in an interview can be one of the main phases of the actual interview. This is because if I am more prepared for the questions that I am going to be asked then I will be more prepared in giving the right answers so I get the job. Also knowing more about the interview will benefit me because I will
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A business organisation will have to deal with a lot of documents every day. Different businesses will deal with more documents than others but most will have to write letters and reports‚ send emails‚ create meeting agendas and produce and order list of what they want from suppliers. Businesses will have to write back to people with concerns or complaints to make sure the customer is happy‚ they will have to give information to people outside the business and also may have to give important information
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L3 Unit 33: The Impact of Communication Technology on Business Unit code: L/502/5485 QCF Level 3: BTEC National Credit value: 10 Date Set | March 2011 | Hand in date | June 2011 | Guided learning hours: 60 Learning Outcomes: 1. Know how the internet operates and the facilities available 2. Be able to use the internet and related technology for a range of business activities 3. Understand how organisations adapt to trends in the use of e-business 4. Understand the key features of planning
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BTEC Level 3 Certificate: Business Assignment Brief Unit 1: The Business Environment (10 credits) Unit issue date: Thursday 20th September 2013 Unit deadline: Friday 25th October 2013 Assessor: Mrs S Nti Learning outcomes: 1. Know the range of different businesses and their ownership 2. Understand how businesses are organised to achieve their purposes 3. Know the impact of the economic environment on businesses 4. Know how political‚ legal and social factors impact on business
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Unit three: Principles of managing information and producing documents Assessment. Section 1 – Understand the purpose of information technology in a business environment 1. In relation to your current business environment (or one that you are familiar with)‚ identify at least two different types of information technology that may be used when completing work tasks. One type of information technology that may be used to complete work tasks is Microsoft word which is used for word processing‚ making
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