Task 3: (P3)‚ (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
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P1 M1 describe types of market research Market research is the method of gathering and analyzing information about customers‚ competitors and the market. Market research is used when companies want to focus on things like market trends‚ customer habits and lifestyle‚ what price customers will pay for a product and what competition exists. This type of research assists companies build an idea on how competitive the market is also business owners can price their products efficiently with the understanding
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Unit 2 Business Resources M2: Asses the importance of employability and personal skills in recruitment and retention of staff and selected organisations. Interview Preparation Researching what to do in an interview can be one of the main phases of the actual interview. This is because if I am more prepared for the questions that I am going to be asked then I will be more prepared in giving the right answers so I get the job. Also knowing more about the interview will benefit me because I will
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What functional areas are? Functional area refers to the method of dividing an organization into different segments where the respective 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
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M2 - Explain the possible impact of the Disability Discrimination Act in promoting anti discriminatory practice. L/O: understand how national initiatives promote anti discriminatory practice. In 1995‚ there was a Disability Discrimination Act put in place which ensured that people with disabilities were treated equally to everyone else‚ this meant it was illegal to discriminate against disabled people in relation to employment‚ the provision of goods and services‚ education and transport. However
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Student Name Course Computer Science and IT Unit 18 Database Design Assignment Title Features of a relational databes and Testing Mia’s Sandwich Shop Database Assign 2/2 Complete this section before submitting your work: Student declaration: I certify this is my own work. Any sources I have used to assist me with this assignment are fully referenced. Student evaluation: Develop future SMART Targets. Link to target grade/ presentation of work/content/knowledge. Signature Date Launch Date
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Oil to the machine Unit 4 Oil to the machine Unit 4 By: Sager Anroedh International Business Studies By: Sager Anroedh International Business Studies Unit 4: Oil To The Machine Assignment 1/Task 1/ P1 There are many ways to communicate‚ therefor I made a clean table to discuss the differences ways to communicate. But every way to communicate has his own advantages and disadvantages those will be discussed as well. For this assignment I used ‘Scotch & Soda’ as business to give
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M3 the skills I need to develp are financail and accounting‚ Financial- The top reason why businesses go out of business is bad financial planning. All the cash flows in the wrong direction. Having worked through the dotcom boom and bust I have seen first hand what too big a budget in the wrong hands can do. Someone needs a firm grip on the numbers and it had better be you otherwise someone might just take a trip to a tropical island at your expense. I will be devoloping this skill by finding
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Types of information: Verbal • Verbal communication is where somebody talks face to face with the audience and could also include eye contact and body movements‚ Wilberforce use verbal communication in a full range of things one example been a English teacher reading out a poem. Written • Written communication is in the form of physical symbols called words. It doesn’t have to be words though‚ in the broader sense it could be things such as diagrams and charts. So therefore all visual
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money. This will allow you to evaluate your performance to your competition. However‚ it is important to do this with similar sized companies otherwise the financial data would be irrelevant. Purpose of information https://prezi.com/nlqn649heqmt/unit-3-operational-support/ Businesses use information for different reasons to make the business perform better. I am going to explain how the business use it for operational support‚ monitoring and improving performance‚ identifying trends‚ decision
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