Unit 1: The Business Environment Assignment 2: The Purpose of Business P3 – Describe how two businesses are organised. In this assignment I will be discussing about how two businesses are organised. The two businesses that I will be discussing about is BHP Billiton and Battersea Dogs and Cats home. The first business that I will be discussing about is BHP Billiton and how they have organised their business.BHP Billiton is an Anglo-Australian multinational mining‚ metals and petroleum company headquarter
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P3- describe the main physical and technological resources required in the operation of a selected organisation For this task I will talk about the physical and technological resources in the operation of Marks and Spencer. In an organisation there are factors of production known as human‚ physical‚ financial‚ and knowledge resources. Physical and technological resource. Both this resouces need to be manage carefully in an organisation. Physical resource are the buiding security and maintenance
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BTEC Higher National Diploma in Business Unit 01: Organisation and Behaviour Name: Rahenara Begum Task 1: Understand the relationship between organisational structure and culture What is organisation behaviour? The impact that individuals groups and structure have on behavior within organisation effectiveness is known as Organizational behavior. Understanding the principles of the organisational behavior enables an understanding of how to relate to other members of the organisation. In a competitive
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will be talking about key stakeholders who influence the purposes of two businesses‚ the business I have chosen are Tesco and Asda. Also I will be talking about the interest of owners‚ customers‚ suppliers‚ employees‚ trade unions and shareholders have in the businesses. Another point I will be talking about is why business have to consider local communities and pressure groups when operating their business. Tesco and Asda key Stakeholders are; Customers: Customers want good quality products
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students who have enrolled to study at SFX are safe while they are within the environment and also receive they best education the college can offer. Tesco’s director ensures that the business is meeting its goals by setting out the aims and objectives for the business. He also decides on the strategy for the business and also has interest of the shareholder‚ making sure the shareholders don’t lose any amount of the money that they invest in the company. The comparison of the two directors in these
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This is done by customer surveys giving information about what people think about the business and the research and development department taking it on board and informing the administration and support department. Research and development Tesco like to spend allot of their time researching and developing as they want to have the big
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with my result in August. I am also studying BTEC Business studies level 3. All the subjects have given me skills that will be needed for the degree. Business studies have required a significant amount of independent reading‚ and have also taught me the importance of sticking to deadlines. I believe business studies will help me as there is a great deal of analysis and evaluation involved in the subject‚ for example looking at the validity of a business. I think all of the above skills are beneficial
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a loss on it product it is producing. Formula to use for break even Breakeven = Fixed Costs Point (Selling Price – Variable Cost Per Unit) £250000 (£1.50 – 70p) 80p = £31500 units E.g.) |0utput |FC |VC |TC |TR |Profit | |0 |£250000
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Newspaper Series Title: Business Watch By: Tia Patel - Unit 1 P3 Date: 17th October 2014 Title: Article 4: Organisational Charts In the organisational structure M&S and St Luke’s must both take into account two factors the management hierarchy and the span of control. An Organisational chart is the way that jobs‚ responsibilities and power within the business are organised. Organisation structure is the different roles‚ responsibilities and jobs within the organisation
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products then the more successful the business will be. The customers can tell others about the business. | Staff | The staff would be interested to see if anything happens in the business‚ also to see how many other staff are employed. The staff would be communicated by the business by newsletter or meetings on a regular basis about new products etc. as they are internal stakeholders. Also staff gets paid by the company which influences them to be better. | The business is influenced by the staff as
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