Unit 1-P1 Business Ownership. There are several different types of business ownership which are most commonly used in business’ and company’s today‚ these include; Co-operative which is a business owned by its employees‚ Partnership which is a business owned by between 2 and 20 people‚ Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a
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fresh and ready made products . Sainsbury’s Bank plc is a british bank owned by the company. The bank provides a range of financial products including insurance‚ credit cards‚ savings and loans Attracting Customers Excellent customer service A business can persuade a customer to keep coming back through good customer service as it ensures they leave with a great impression. Customers will feel valued and important if they are provided with great customer service. In addition‚ the customer will
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M4 & P6 In a business‚ there are several different types of budgets that has different department/area the business has to make. For example‚ in a business‚ you can find the sales and revenue budget (a financial document that set out the business expected sales and revenue from selling its products or services)‚ the expenditure budget (financial document that sets out the expected expenditures of a monthly basis on those items) and the profit budget (financial documents that sets out the predicted
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Every business needs to follow all the employment legislation which is set by the government. It helps employees to be treated fairly. Some of the legislation are; employment relations Act 2000‚ the minimum wage Act 1983‚ health and safety at work act 2015‚ etc. The health and safety act is twin duties because for employee’s health and safety are combined within one act. Businesses follow the legislation as it changes and they train their staffs as follows. It is essential for the business to follow
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contrasting business. Stake Holders for Marks & Spencer’s and Pool Hayes Community School: 1. Customers 2. Management 3. Suppliers 4. Employees 5. Owners/Share holders 6. Trade Unions\Employer Associations 7. Local & National Communities 8. Environment 9. Government Customers are the most important stakeholders in Marks & Spencer’s as they are the people that by there products off of them. They have the potential to make the business or break
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Modern marketing The function In a private sector business operating to generate profit‚ is to attract and keep customers. Customers might be private individuals‚ in customers‚ customers might be private in so called B2C (business to consumer) markets‚ or they may be other businesses in B2B business to business markets. Markets occur wherever goods and services are bought and sold. there is a market for clothes a market for cars‚ there are developed markets and markets for food produce. Wherever
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Unit 14 Assignment E1). The Social Model of disability came about through the disability movement and other organisation campaigning for equal rights‚ opportunities and choices for disabled people. The social model of disability recognises that any problem of disability are created by society and its institution and that The Discrimination Acts are tools to help to improve the response of society to disability‚ also a wheel chair user is not hampered by their disability but by lack of adequate
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Describe the social implications of business ethics facing Marks and Spencer in its different areas of activity. Ethics must be global‚ not local. In order to build a truly great global business the leaders need to bring forward a global standard of ethical practices. The only way to build a great global company is with a single global standard of business practices‚ vigorously communicated and rigorously enforced. Companies must layout the same business standards in Chicago‚ Paris‚ and Shanghai
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Unit 1 - The Information Age Contents Introduction 1. Introduce yourself… My name is… A student at…‚ who is studying… 2. Purpose of this unit The purpose of this unit is to produce an Eportfolio (eBook / ePresentation) what will be used for a time capsule. The intensions is to educate and provide an insight to a generation (audience) 100 years from now‚ about what ICT technologies were available and how they were utilised… 3. Technologies currently used and what is the purpose
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POWERPOINT: OFSTED REPORT The purpose of the information is to make sure that parents are made aware of the ‘Ofsted’ inspection that took place on the 19-20 March. They are very important t o schools and really can be a deciding factor in weather they can attract new pupils and keep them on. The parents need to be informed because it means that they keep up to dated with what’s going on and how the school is as a whole from a processionals point of view. The purpose is also to inform making that
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