TASK 4 For the business owner‚ the risks must be known and a strategy on how risks will be managed needs to be in place. 4.1 IDENTIFICATION OF RISKS • Strategic risks The risks of having other competitors entering the same market in a short time is high since the capital required is low and no stocks are required. • Compliance risks Laws are constantly changing and new regulations are always emerging which could: • Hinder or change the operations • Increase the costs of overheads • Financial
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BTEC Extended Diploma in Health and Social Care | Assignment Title: Unit 4: Development through the life stages | Grade(Please circle)P/M/D | Points(Please circle) | Date Set: 25.03.2013 | Completion Date: 10.05.2013 | Learner Name | BTEC Number | | Course Leader: | IV Design Date | | Subject Tutor: Shelly Everett/ Akinola Akinyemi | IV Assignment | | IV Signature: | Date | | Purpose of the unit:This unit aims to enable learners to gain knowledge and understanding of
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The World Health Organization state the definition of health being: health is a state of complete physical‚ mental and social well-being and not merely the absence of disease or infirmity. A negative concept of health concentrates on the absence of disease or illness. It suggests that you can only be regarded as being healthy if you have no disease or illness. Positive concepts view health as a state of well-being as an individual might feel well even if they have a disease. When asked how
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Unit 201 Principles of Personal Responsibilities and Working in a Business Environment Level: 2 Credit value: 4 NDAQ number: L/601/7638 Unit aim This unit is about understanding employment rights; health‚ safety and security; how to work with others and how to manage and improve own work in a business environment. Learning outcomes There are seven learning outcomes to this unit. The learner will be able to: 1. Know the employment rights and responsibilities of the employee and employer 2. Understand
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describe some policies and procedure that the setting uses for risk assessments and hygiene procedures. There are 5 steps to risk assessments. These are; 1. Identify the hazards. 2. Decide who might be harmed and how. 3. Evaluate the risks and decide on precaution. 4. Record your findings and implement them. 5. Review your assessment and update if necessary. An example of a policy in my setting is safeguarding. This policy is about keeping the children safe whiles in school. The procedures
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In this part of assignment‚ I will be explaining the issues a business would need to consider to go online. I have chosen a business called Hot-wishes which my colleges and I are going to do in about 5 month’s time. If this business decided to go online‚ it would need to consider these issues: 1. Planning issues: Suitability of the business for an online operation – Deciding‚ whether it is a good idea to operate our small business online. ‘Hot-wishes’ would decide to go for it as we could increase
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Unit 3: Investigating Marketing Section C Rosie Boymbo Introduction In this section‚ I will give a detailed explanation of the marketing mix and why it is used in businesses. I will be giving a detailed analysis’ of the Product‚ Pricing‚ Place and Promotions. This section is based on about how I found my target market and then fulfilling their wants and needs. Marketing Mix Marketing mix: ‘Provides a recipe for effective marketing’: tutor2u.net Marketing is the term used to describe a range
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The structure of DNA and the effect of point mutations (25 MARKS) Deoxyribose Nucleic Acid (DNA) is a polynucleotide molecule that encodes the genetic instructions used in the development and functioning of all known living organisms and many viruses. Most DNA molecules are double stranded helices‚ consisting of two polynucleotide strands made up of simpler molecules known as nucleotides. A nucleotide is made up of an organic nitrogenous base‚ a deoxyribose sugar and
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Unit 3: Introduction to Marketing P3: Describe how a selected organisation uses marketing research to continue to the development of its marketing plans Marketing Research is the collection analysis and communication of information which assists decision making when marketing. Systematic research is organised with a clear method‚ gathering research is collecting the correct and appropriate data. Recording the data is when you put all gathered information in clear records which show your findings
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Diageo is a business that operates in the beverage industry. To be considered a beverage industry a business must sell beverages. They are based in London which is located in the United Kingdom. They have been in business since 1997 and have a rich heritage before 1997 with other companies. Diageo sells many alcoholic beverages in many countries around the world. They “operate production and distribution facilities that include malting‚ distilleries‚ breweries‚ packaging plants‚ maturation warehouses
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