Task 1 Describe the type of business‚ purpose and ownership of 2 contrasting types of businesses. Sole Trader A sole trader is a business owned by 1 person. It does not have limited liability meaning that if it fails and creates debts the owner is personally responsible for this. Sole trader’s usually have to work long hours and learn about all the aspects of business as many start up businesses cannot afford to hire people to take on other tasks. The owner is responsible for everything that goes
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Assignment Brief Unit Number and Title Unit 1: The business environment Qualification BTEC National Subsidiary Diploma Start Date 17th September 2012 Deadline 1st October 2012 Assignment Title Business purpose and ownership Unit content In this unit you will understand - the range of different businesses & their ownership; how businesses are organised to achieve their purposes; the impact of the economic environment and how political‚ legal and social factors impact businesses
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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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Belbin’s Team Roles How understanding team roles can improve Practice performance When a Practice team is performing at its best‚ you’ll usually find that each team member has clear roles and responsibilities to which they are fully committed. Sometimes however‚ despite clear roles and responsibilities‚ a team can still fall short of its full potential. Dr Meredith Belbin studied team-work for many years‚ and observed that people in teams tend to assume different “team roles”. A “team role” is
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Unit four: Principles of supporting change 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 – make sure it is clearly
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In Macro ‚Hong Kong Ocean Park competitors have Universal Studio in Singapore‚ Legoland in Malaysia etc. And in micro‚ local competitors only have Hong Kong Disneyland Ocean Park can divided nine section‚ for example‚ The Summit‚ Thrill Mountainit and Adventure Land etc‚ their facilities suitable for children‚ adult and family‚ also‚ Ocean Park provided many show for customer watch‚ these show is more than competitors. Ocean Park also will have some limited party for some paratially festival‚
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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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In The Answer Is No‚ the narrative describes the story of a school teacher who went through a difficult time dealing with her personal and psychological conflict. In her painful memory of childhood‚ she was violated by her tutor (schoolmaster) who came over her house to give her private lessons. It happened when her parents were not home and she was not aware of his shameful action. Furthermore‚ he was trying to cover his serious sin by convincing her that everything was normal and that he loved
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BUSINESS ENVIRONMENT TASK 1 AND TASK 2 a)Identify the purpose of different organisation giving examples(AC1.1) Sole trader-it’s a business that is owned by only one person and it can have one or more employees. This type of business organization often succeeds because the owner has total control of businees‚ the owner keeps all profit and it’s cheap to start-up‚but also it can be difficult to raise financial‚it may be difficult to specialise or enjoy economies of scale and can also have problems
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ANSWERS TO STUDY QUESTIONS CH 1 1. Why is management important to society? For a society to survive and prosper there must be maintained efficient and effective management of the production of goods and services. 2. Why is management important to individuals? The management function is a source of employment to 18% of the growing work force. It offers good salaries‚ status‚ and opportunities for personal growth. 3. What is the role of the manager? The role of the manager
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