L3 Unit 33: The Impact of Communication Technology on Business Unit code: L/502/5485 QCF Level 3: BTEC National Credit value: 10 Date Set | March 2011 | Hand in date | June 2011 | Guided learning hours: 60 Learning Outcomes: 1. Know how the internet operates and the facilities available 2. Be able to use the internet and related technology for a range of business activities 3. Understand how organisations adapt to trends in the use of e-business 4. Understand the key features of planning
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Marketing Definition of marketing: The simple definition of marketing is the selling and promoting services or products. Marketing is also defined as meeting the customers’ needs. Effective marketing is based on a number of things for example; the product must reflect lifestyle to suit the customer’s needs; must have some sort of special features to create interest in order for the product to sell; must be a quality product; be affordable and value for money to be successful on the market.
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this should make sure that they are able to adopt this to reassure their customers. Economic and social impact due to speed to changes When e-commerce are now one of the most popular ways to shop‚ this then puts traditional business in damage which threaten their business. However this is an issue for those who doesn’t have Internet access. Less fortunate customers have a disadvantages when it comes down to buying online‚ this could be because they use old fashion internet like Dial-up (56K)‚ also
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Unit 17 Psychology for sports performance Grade: P1 Description: Asses the current psychological skills of a selected sports performer identifying strengths and areas for improvement Coping Score Ari scored 7 in his coping test. This was a moderate score
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Arts Media & Enterprise CROSS COLLEGE ASSIGNMENT BRIEF –PART 1 Course BTEC L3 90 credit Diploma in Business AWB Qualication Title Level 3 Diploma in Business Unit - NAME & NO Unit 3 : Introduction to Marketing LEVEL 3 Assignment Title Exploring how different types of organisations use marketing tools and techniques Lecturer/Assessor John K. Wiafe Issue date 14 January 2015 Interim submission date 04 February 2015 final Submission date 10 February 2015 Student declaration: I declare that this assignment
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Evaluate how managing resources and controlling budget costs can improve the performance of a business. Managing resources is a way to improve the performance of a business this is because it helps to guide the business and improve it. Human Resources Starbucks uses HR to help to budget and manage costs. They do this by having a set of people for specific tasks. If someone is more skilled they will move that person to another place because they have better skills and the quality of their work
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There are a number of laws and regulations that have been put in place to protect consumers when buying products or services. Businesses must make sure they follow these laws and regulations to prevent possible legal action being taken out against them. These laws prevent the businesses from misleading customers about their goods or services. I am going to explain these laws‚ and explain how they impact of McDonalds and Apple. Sales of Goods Act 1979 The Sale of Goods Act lays down several conditions
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P5 There are many economic factors that could affect a business; these factors could also affect the stakeholders. A recession and a growth business will be affected‚ the stakeholders affected would be customers‚ suppliers‚ employees and consumers. Inflation is a persistent increase in the general price level of goods and sevices in an economy over a period of time. When the general price level rises‚ each amount products bought from the store decreases as the rate of the product is too high
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costs. Managing Business Expenses In this leaflet I will be elaborating on the terms start-up costs and operating costs. I will provide examples for both cases and show the comparison between the two .Having done that I will also provide‚ in detail‚ definitions for both variable costs and fixed costs. Both accompanied by examples. Start-up Costs: Start-up costs are incurred before a business operates to assure the person that they have everything covered to begin their business. Usually‚ when
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Internal and External Finances • Internal financial sources: are funds that come from within the business. For example business can sell items it owns that are no longer really needed to free up cash. • External financial sources: are funds found outside the business‚ e.g. from banks giving loans Short term Medium term Long term External • Overdraf • Short-term Loan • Hire Purchase • Mediumterm Loan • Hire Purchase • Leasing • Long-term Loan • Shares • Debentures internal • Trade Credit •
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