P5 - Describe the influence of two contrasting economic environments on business activities within a selected organisation We are going to investigate the way in which the economic climate has affected Sub Xpress (based in the UK) and BMW (based in Germany). Introduce the two businesses. Inflation Define inflation You need to describe the current inflation rate in the UK. Include a graph. Explain what this means to Sub Xpress Think costs to the business Think prices to the customers
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Introduction……………………………………………………………….Page 3 First Organisation 1.0…………………………………………………...Page 3 Second Organisation 2.0……………………………………………….Page 3 What goods do Marks and Spencer’s sell? 1.1...............................Page 3 What service does Cancer Research offer? 2.1..............................Page 3-4 Business Activity 1.2…………………………………………………….Page 4 Business Activity 2.2…………………………………………………….Page 4 Business Sector 1.3………………………………………………..........Page 4 Business Sector 2.3……………………………………………………..Page 4 Business Purpose 1
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What is a stake holder in a business? A stake holder in a business is somebody that can affect or be affected by the actions of the business. Businesses have several stake holders each. Anybody associated with a business can be a stakeholder of that business in some way. Who are the stake holders at Morrisons PLC? External Stakeholders- The customers- The customers of Morrisons PLC are a big stakeholder in the company. It is because of the customers that the business is able to function. The customers
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P5 A profit and loss account is what a business uses to keep track of their finances throughout the previous twelve months. Keeping profit and loss accounts is very important because it helps the business keep track of what they are spending. It is important that a business keeps track of their finances so that they know how much money they expect to come in to the business and if they need to prepare for a drop or rise in profits. Keeping profit and loss accounts allows the business to see
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unit 13 | 2011 | | Btec business level 3 Recruitment and -selection.Jean-Jacques | P1 Identify how two organisations plan recruitment using internal and external sources? My first organisation is Tesco because I think there internal and external is very basic to explain and I have a lot of knowledge. Internal recruitment: means that the person recruiting from the job will be taken from the organisation. In Tesco it will give current employee to get a promotion because it will be
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applying for a job role‚ the organisation would usually want to look upon any previous experience within a similar job role. However if they don’t previously have any experience then the applicant will usually undertake training. Part of the role that a business administrator would undertake would be; putting financial information within a spread sheet‚ sending daily post/emails‚ telephone answering/calls‚ customer enquiries‚ and etc. Knowledge of services: Within knowledge of the job/service this part
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Julie Jolley Unit 3: Developing and managing resources in the lifelong learning sector. The reason we have resources for learning is to enhance the whole process for all learners and make it an enjoyable and effective experience. Also by having multiple resources this will benefit a variety of different learners as not everyone will prefer powerpoint for example. Sometimes the use of resources will change the attitude I receive as a instructor. Im fully aware that not all learners are going
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Karolina Przednikowska Unit1 Childcare. The first statutory childcare setting I chosen is primary school. Primary school children are age’s between5-11. Schools exists because there is a law that states that all children should be educated from ages 5 to 16 years and this education is provided by the government if the school is public‚ for private school you have to pay fees. Primary schools follow Early Years Foundation Stage and the National Curriculum; primary schools follow the NC of
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Project Management Investigation of the Planning of a Low-rise Domestic or Commercial Building and Production of Planning Documentation Portfolio Task 1 (For P1): Pre-Construction Phase Client brief: The client brief is where the client and the architect sit down with each other and discuss what the client wants built. The architect usually asks a range of questions to be able to do a suitable design as accurate as possible to the client’s needs. The budget for the project is also confirmed
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How businesses are influence by the economic environment The business environment consists of different influences that are outside of a business from political‚ social and legal changes. These influences can change for the better or for the worst for the business economic factors. The economic environment consist of many individuals who make decisions that buy and sell goods‚ borrow and lend money‚ raises taxes and change interest rates. Consumers are who purchases the goods for their own
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