The Internal Organisation of Business Marks and Spencers Marks and Spencers is the first business I am going to write about in terms or organisational structure and strategic plans. Marks and Spencer is one of the best known high street retailers in the UK. It has over 450 stores and employs over 65‚000 people. It also operates overseas. An organisational structure is the way the business is run‚ the way the workers are arranged in the business. They are in a hierarchy that is structured in layers
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Scenario 1: LO1 (P1.1): There are mainly four types of organisations. Private sector organisations‚ Public sector Organisations‚ voluntary organisations and cooperatives. Private Sector: In the private sector‚ businesses operate in order to maximize the profits. They raise finance by issuing shares‚ borrowing loans from banks etc. They are owned and controlled by private parties. For example Bank of Maldives‚ Amin Construction pvt ltd‚ Haza Construction pvt ltd. Their main aim is to maximize the
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Forms of Business Organisation (Indian Context) Sourav Sinha Forms of Business Organisation : While establishing a business the most important task is to select a proper form of organisation. This is because the conduct of business‚ its control‚ acquisition of capital‚ extent of risk‚ distribution of profit‚ legal formalities‚ etc. all depend on the form of organisation. The most important forms of business organisation are as follows: Sole Proprietorship Joint Hindu Family Business Partnership
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E-BUSINESS ORGANISATION: PETRONAS Value Chain: Support Activities Firm Infrastructure: -PETRONAS is the national oil and gas company of Malaysia and is wholly-owned by the Government of Malaysia. Together with its subsidiaries and associated companies‚ PETRONAS‚ a fortune global 500’s largest corporation in the world. -Fortune ranks PETRONAS as the 75th largest company in the world and the most profitable in Asia. HR Management: -PETRONAS provide industrial training programme for undergraduates
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A study of the organization’s objectives helps to understand how it is likely to respond to changes in its environment. It is often assumed that business organizations will always try to maximize their profits through a combination of maximizing revenue and minimizing costs. The profit maximization objectives must be qualified by a time dimension. A firm that pursuing a short-term profit-maximizing objective may act very differently to one that seeks to maximize long term profit. This may be reflected
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attempt to illustrate the importance of communication in organisations as well as barriers that cause problems for communication. Communication and organisation are two very essential elements of business structure. Each one cannot operate without the other. Organisation is a purposeful structure within a social context that controls its own performance and pursues collective goals. An organisation is defined by the element that is a part of it‚ its Communication which is the exchange and flow of information
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In this task I will show how my chosen business has met its aims and objectives in detailed examples‚ and my chosen business is; Barnardo’s Charity within Voluntary Sector. Barnardo’s is a British charity‚ the charity founded by the Irish Doctor Thomas John Barnardo in 1866‚ to care for vulnerable children and young people. Aims:- * The biggest aim to the Charity is helping children. * Providing workshops and other activities designed to assist males careers in having better relationships
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Introduction Communication is simply sharing and exchanging own opinion or information within the mutual understanding‚ between one person to one person or group of people. It could be in a same Place or one place to another place. Kushal (2010-11) makes the point that‚ communication word derived from Latin word ‘communis’ or ‘communicare’ which signify ‘make common’‚ actually communication means exchanging information or thoughts through speech‚ signal or writing. We can more deeply understand
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Bachelor of Business Administration - Semester 1 BBA 101: ‘Communication Skills’ ------------------------------------------------- ASSIGNMENT Q1. Explain the process of communication. Ans: As per definition‚ the progression of transmission and interchange of ideas‚ facts‚ feelings or actions is known as “Process of Communication”. A Process of an action or operation operates in a systematic direction that comes to some purpose or comes to end. Communication has a different way of process in
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Business Communication Assessment 3-Business Project Report January 1 2014 [Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.] [Type the document subtitle] Executive summery In executive summery I will describe about communication and technology which is used in
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