Business Administration is the study of the performance and management of a business‚ including important decision making. There are many different duties related to Business Administration‚ including office manager‚ business support‚ Chief Executive Officer (CEO)‚ and many others. Most companies have a dedicated group of administrators. The main areas in Business Administration are management‚ logistics‚ human resources‚ operations‚ economics‚ and organization. An administrator checks all these
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388937544450Unit 1- The business environment Assignment 1: Business structure and its stakeholders P1‚ P2‚ M1‚ D1 24/10/2014 00Unit 1- The business environment Assignment 1: Business structure and its stakeholders P1‚ P2‚ M1‚ D1 24/10/2014 3213100276415500 Task 1: Compile two tables one for each type of business and discuss their purpose and ownership of each of two contrasting businesses. Type of Business Matalan started off as a local business in Preston‚ it then became national
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Political Tesco has to pay corporation tax which comes out of the revenue as a cost which lowers the overall profits which the business receives this will affect them expanding/growing the business even more by maximise profits and having lots of retained profits to help keep the business expanding/growing. Tesco can be affected heavily by taxation from corporate tax‚ environmental tax‚ and even value added tax even though value added tax is put on top of
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commenced employment 4. Salary NB – I do not have access to a scanner to attach an example. 2a) List three key points of legislation that affect employers in a business environment. 1. Data Protection 2. Health & Safety 3. Pensions & Pay 2b) List three key points of legislation that affect employees in a business environment. 1. Employment rights and responsibilities 2. Pensions & Pay 3. Data Protection 3. Identify a range of places where a person can find information on
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Unit 1 – the Business Environment Assignment 1- Types of Business Task 1 Tesco is a private organisation from the UK. Tesco is a supermarket which provides people with things they need like food and drink. It provides people with both a product and a service. In competition with Tesco are the other three major supermarkets from the UK‚ Morrisons‚ Asda and Sainsbury’s. Sainsbury’s increased its market share over the past year‚ it grew from 16.4% to 16.6% and had a growth of 5.1%. The other retailers
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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
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Organisations and Environment “Discuss how an organisation’s competitive advantage can be enhanced with the introduction of new technology” It is important to remember the difference between inventions and technology. Inventing something is the basis of the idea but the technology in it is ‘the application of knowledge to production’ (Wetherley‚ P 2008). This is because ‘Technology itself cannot do anything. It is how this technology is used that is important’ (Wetherley‚ P 2008) and how
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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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1. Explain the process of communication? Human beings cannot live in society without the help of communication. Communication is the very basic need of any organization and any individual. The English word ‘communication’ is derived from the Latin noun ‘Communis’ and the Latin verb ‘Communicare’ that means ‘to make common. to transmit‚ to impart.’ Communication is a two way process. It is a natural activity of all human beings to convey opinions‚ information‚ ideas‚ feelings‚ emotions to others
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The Profession of Business Administration There are many responsibilities involved in Department Management. You must have an education and hold certain skills to be successful in this career field. There are promotions available and salary increases if you earn them. You should have adequate communication skills and practice a lot of self-discipline and possess self-control. The main responsibilities of Department Managers are recruiting‚ training and managing staff. You are expected
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