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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and purpose moreover these aims and purpose can be related to social environment related. For example; provide employment for disadvantaged labour market. Private company: Private Company’s ownership is private. Private company may issue stock and can have shareholder however they cannot trade with public. It can keep share for family members and friends. Main purpose of private company is to have full control of the business. For example Mar’s is a family company and all shareholders are family
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Running head: BUSINESS ENVIRONMENT Business Environment Kary Ptak Professor Michael Mancini Strayer University Business 100 May2‚ 2013 Business Environment Business is all around us nationally and internationally‚ they are what made our economy grow. Some business are growing fast as technology advance‚ however some business are weakening in the slow economy. Roles of Business in the Economy The economy relies on business to provide goods or services within the nation. If there were
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Impact of Political environment on doing business in India As in any part of the world‚ political influence is highly essential to start a business in India. Especially if you are planning to start a multi billion business‚ some sort of political patronage is an absolute necessity. Not only for safeguarding the interest of the company but even to begin the process of getting the required sanctions‚ one requires hold in the high echelons of politics and administrative circles. Indian society is
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Describe The Roles of Government In The Present Business Environment In the present business environment governments have the power to change and make laws‚ having a major role and influence on the business environment. There are three levels of government; federal‚ state and local. The federal government has power over such areas as; company law‚ income tax‚ trade etc. State government has power over pollution‚ price controls‚ state courts etc. and local government has power over rates‚ building
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DETAILS OF ASSIGNMENT STUDENT NAMES: IDS: Adele Ewing 100317737 UNIT CODE * NAME 2014-OU3-BUS-60002 Sustainable Business Practices in a Dynamic Global Environment ASSESSMENT TITLE Assessment 2-Individual Report TUTOR’S NAME: Terry Landells DATE OF SUBMISSION: 27 Oct 14 DECLARATION We declare that ( the first four boxes must be completed for the assignment to be accepted): x This assignment does not contain any material that has previously been submitted for assessment at this or any other
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Evaluate and improve own performance in a business environment 1.1 Explain the purpose and benefits of continuously improving your own performance in your work environment. The purpose of continuously improving my own performance at work is to achieve personal goals which increase self-motivation and could lead to possible promotion which would in turn increase income‚ status and again self-motivation. It is a constant cycle to push your career is high as it can possibly go. 1.2 Explain the purpose
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The Answer by Karl Nemsow Voyager1 sails through deep space all alone. It has been on its journey since 1977 sending back glimpses of the solar system to help humankind find some answers. One of the greatest questions asked by humankind is what‚ or who‚ else might exist out in our grandiose cosmos. A cosmos 13.7 billion years old‚ which is so massive that it is incomprehensible to the human mind. Dr Vince Hawking tried to comprehend such concepts every single day. It made him wonder if
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THE ROLE OF PROJECT MANAGEMENT IN TODAY’S BUSINESS ENVIRONMENT. What is Project Management? When we describe the term Project management it is the art of taking uncertainty and transforming it into certainty (near). The process and activities are planning‚ organizing‚ motivating‚ and controlling resources‚ procedures and protocols to achieve specific goals in scientific or daily problems. Efficient and effective teams with a leader that can encourage cooperation and motivate to get outcome as
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Effects of the Industrial Revolution Working conditions What were the working conditions like during the Industrial Revolution? Well‚ for starters‚ the working class—who made up 80% of society—had little or no bargaining power with their new employers. Since population was increasing in Great Britain at the same time that landowners were enclosing common village lands‚ people from the countryside flocked to the towns and the new factories to get work. This resulted in a very high unemployment
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