Business Revision Topic 1 – Business Organisation and Environment * What is business activity? Inputs – Land‚ Labour‚ Capital & Enterprise Outputs – Goods or Service & Waste. Processes – Research and development‚ Production‚ Marketing‚ Finance‚ Administration‚ Human Resources. * Functions * Production – the changing of natural resources into a product or service. * Marketing – IT is to do with identifying consumer needs and pleasing them. Eg: Pricing‚ advertising
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4 4. Political System 5 5. Legal and regulatory environment 6 6. Socio-cultural environment 6 7. Availability of resources 7 8. Concern for Ethics and social Responsibility 7 9. Conclusion and your recommendation 8 10. References
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Business Environment AssigNment 1 | BUSINESS ENVIRONMENT | | | (Word Count 2‚291 excluding front page‚ content page) Terms of Reference The focus of this report is to evaluate the human resourcing function and personnel management. The report aims to research and analyse‚ through a wide selection of resources‚ the severity of the implications and review some human resources functions. Introduction In this assignment I have been required to select a business and research‚ investigate
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direction-setting responsibilities – charting a strategic course‚ setting performance targets‚ and choosing a strategy capable of producing the desired outcomes. The chapter also examines which kinds of strategic decisions are made at what levels of management and the roles and responsibilities of the company’s board of directors in the strategy-making‚ strategy-executing process. LECTURE OUTLINE I. Introduction – Crafting and executing a strategy are the heart and soul of managing a business enterprise
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UNIT 203 Work in a Business Environment Knowledge & Understanding 1.1 Describe what is meant by diversity and why it should be valued. Diversity means different individuals valuing each other regardless of intellect‚ age‚ disability race or religion. Diversity should be respected and valued because everyone is different and can offer an alternative perspective. Everyone should be treated equally because everyone has something to offer and everyone has a strong factor/skill that they can
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Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My
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explicit objectives but whilst primarily important‚ there are further implicit objectives that Space Airconditioning strive to pursue. These being‚ the importance of being fair to our employees and act responsibly for them and for our customers. One area that we can assist in acting fairly and responsibly‚ is by putting systems in place that aid employees and customers. For instance‚ offering the salesperson the ability to work remotely rather than commuting to the office every day. “implicit objectives
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Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. The first thing you need to do is save a copy of this document‚ either onto your computer or a disk Then work through your Assessment‚ remembering to save your work regularly When you’ve finished‚ print out a copy to keep for reference Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area
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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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process the common interest in all three definitions is fulfilling customer needs and providing benefits The small business enterprise that I have chosen to discuss is called ‘Hair Today ‘this is a professional hair salon that is situated in the heart of Kentish town for over 30 years. Hair today has a total of 20 employees‚ including hairstylists‚ hair washers and administration staff‚ including a cashier. The salon offers many services such as styling hair‚ men haircuts‚ colouring‚ perming. The
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