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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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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Every business needs to follow all the employment legislation which is set by the government. It helps employees to be treated fairly. Some of the legislation are; employment relations Act 2000‚ the minimum wage Act 1983‚ health and safety at work act 2015‚ etc. The health and safety act is twin duties because for employee’s health and safety are combined within one act. Businesses follow the legislation as it changes and they train their staffs as follows. It is essential for the business to follow
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|techniques used in marketing products in one | | | |organization | |P2:describe the limitations and constraints of |M2:Explain the limitations of marketing | | |marketing |research used to contribute to the development |D2: Make justified recommendations for | |
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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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that represents what we can and cannot do. On reflection we can see that this view is flawed because it is very dated and does not show a true picture of today’s society and views. Also this view is the total opposite of the newer activity theory. M2 Agnes is clearly part of disengagement theory because of the lifestyle she leads. She is a widow meaning that she has lost her lifelong partner and has retracted from society meaning she isn’t talking to people and staying active. She has no social
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Modern marketing The function In a private sector business operating to generate profit‚ is to attract and keep customers. Customers might be private individuals‚ in customers‚ customers might be private in so called B2C (business to consumer) markets‚ or they may be other businesses in B2B business to business markets. Markets occur wherever goods and services are bought and sold. there is a market for clothes a market for cars‚ there are developed markets and markets for food produce. Wherever
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Unit 14 Assignment E1). The Social Model of disability came about through the disability movement and other organisation campaigning for equal rights‚ opportunities and choices for disabled people. The social model of disability recognises that any problem of disability are created by society and its institution and that The Discrimination Acts are tools to help to improve the response of society to disability‚ also a wheel chair user is not hampered by their disability but by lack of adequate
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Chapter 4 accounting for merchandising BUSINESSES Problems P4–1 1. AQUA CO. Income Statement For the Year Ended June 30‚ 20Y8 Revenue from sales: Sales $ 3‚625‚000 Less: Sales returns and allowances $ 37‚800 Sales discounts 20‚200 58‚000 Net sales $ 3‚567‚000 Cost of merchandise sold 2‚175‚000 Gross profit $ 1‚392‚000 Operating expenses: Selling expenses: Sales salaries expense $ 388‚800 Advertising expense 45‚900 Depreciation expense—store equipment 8‚300
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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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