Unit 16: Human Resource Management in Business ‘Managing People’ Describe how your organisation obtains the co-operation of its employees through the contract of employment and employee involvement techniques. Employee Co-operation Contracts of employment An employment contract is a written legal document that lays out binding terms and conditions of employment between an employee and an employer. The employers in ZARA need to makw sure that their employees are aware of what rights and responsibilities
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UNIT 16 P1/M1 INTERNAL PLANNING FACTORS EXPLANATION Why it is important? ORGANISATIONAL NEEDS The priority concerns and requirements of an Organization’s customers and stakeholders. The state of organization performance in relationship to its mission and goals The state of knowledge and ability of organization employees The workforce needs to be able to adapt to changes. Changes in a business happen very regularly and it can affect the way a business is run. Internally
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BTEC First Diploma In BUSINESS Level 2 Vocational Assignment Unit 16 Business Enterprise SCENARIO: P1. Explain how knowledge of personal strengths and weaknesses can be applied to preparing for and contributing to a business When setting up a business you need to have passion‚ confidence and knowing your skills set. The business I intend to set up is a Window cleaning business. There are certain things needed to follow to set up me business and they are Strengths‚ Weaknesses
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(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 Owned and run
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don’t want me to make this mistake. This is why I want to prove to you that I can make my business successful‚ by mentioning how I will prepare to market and sell my products/services. To be able to attract customers‚ I will ensure that I do my market research correctly‚ so I can then know who I will be ideally suited to attract. I will ensure that for my customers‚ I will communicate that makes my business stands out so I can get more customers. I can also get help from market research professionals
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segments that are divided will serve as fully functional units that perform stated functions. For example‚ a company’s sales department is a common functional area‚ and the staff in this area would all be focused on selling the company’s products. Explain why functional areas are important to a business? A business’s functional areas are the departments depending upon the company’s management structure that manages the main functional areas of business in a company. Most businesses share the main functional
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Questions 1. Apart from Kraft Foods itself‚ give two examples of other organisations that are likely to be involved in their Supply Chain (bringing goods to the final consumer). Kraft foods supply chain will include a company that does cheap but quality milk which will create Kraft’s products also the second supply chain will be a company that supply a large amount of salt which is also need for the products that Kraft creates. Packaging is also an essential for the Kraft’s company. 2. Why
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| | |BTEC NATIONAL Diploma in Business | | | |2012 - 2014
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BTEC NATIONAL IN BUSINESS (LEVEL 3) Unit 16 – Human Resource Management in Business The study of human resource management will help you understand an organisation‚ its structure‚ the way it works and its culture. Organisations need their employees to contribute effectively to the achievement of the organisational purpose. In order to achieve this‚ staff will have to be properly selected‚ trained and managed. Managers have to understand how to motivate employees and win their commitment to the
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BTEC IN BUSINESS Level 3 UNIT 2 – Business Resources Assignment 2 Name: P4: Sources of Finance There are two main ways that a business can access financial resources: From within the business (internal source) Can be from the business owner’s savings or from profits From outside the business (external source) There are a number of external sources that can be used to fund a business: Banks/building societies Hire Purchase Leasing Venture Capitalist Factoring Share issues Friends/family
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