I have been set the task of (D1)”making a recommendation for a business/organisation considering going online”. The business that I have chosen is John Lewis. The aims and objectives of John Lewis are to: • Make profit to sustain its growth • Deal with its customers honestly • Contribute to the community • Conduct business relationships with integrity To achieve profit in an online environment they could create a website that allows people to browse through products‚ to also allow delivery
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| | |BTEC NATIONAL Diploma in Business | | | |2012 - 2014
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Unit 4‚ D1‚ Evaluate the appropriateness of business information used to make strategic decisions. Introduction: In this task I will be evaluating the appropriateness of business information used to make a strategic decision. In this part of the task I will be focusing on Tesco business. I will be talking about the importance in strategic decisions within Tesco and how they use the decisions for their business. Also I will be evaluating how the strategic decisions affect the financial performance
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D1 – Demet Sahin – Business Accounting For this part of the task I have been asked to look at the case study of Superflex UK. Recommend and justify ways in which Superflex could address these problems and improve the cash position of the business. A cash flow forecast is estimation of cash coming into the business and of cash going out of the business over a set period of time. A cash flow forecast should demonstrate that your business will have access to enough money to survive. But when estimating
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In a report you need to evaluate the effectiveness of the use of the techniques in marketing products in this business. How effective is it? Technique Effectiveness Relationship It is very important for Apple to have a good relationship with their customers because loyalty will greatly increase their profit. The good relationship Apple keeps with its customers through great customer service and good deals ensures that customers will keep coming back to buy more products. If their customers are
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Unit 4 – P1 – explain different types of business information‚ their sources and purposes Verbal Communication Speaking verbal to someone is speaking out loud. This includes talking face to face‚ in a meeting or in an interview. The advantages of verbal communication are it is a fast way to reach information but this information can be easily forgotten. Another advantage is that speech is direct and straight to the point. Another advantage is that if you ask a question you get answer straight
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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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Enterprise Information Management helps store information about the customers and lets company like Kraft know what customer want therefore the Kraft’s company will meet the supply chain goal which is “customer expectation in quality of product”. 4. Explain how two elements of the EIM jigsaw are particularly important in creating a successful supply chain. The two elements of enterprise information management will particularly be important in creating a successful supply chain because when keeping
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UNIT 4P4 NIKE‚ Inc. is the world’s leading innovator in athletic footwear‚ apparel‚ equipment and accessories. The swoosh is the sign of the athletic shoe and clothing manufacturer Nike. It is one of the most recognized brand logos in the world. From humble beginnings to a promising future‚ Nike Inc. has expanded its horizons to every corner of the world. From athletic shoes to sports equipment and from apparel to accessories‚ Nike has revolutionized the sportswear industry. Endorsed by
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this stat shows that the medium of video is a pretty powerful one and signifies the importance of reaching your audience through the magic of film. is it really enough to just have a website for your business these days? A video format is an important way of letting potential clients into your business‚ helping them get a clear picture of what you are about or how your product works. If created in the right way their impact can be far more powerful than that of any website or still image. Us human
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