1. Marketing provides consumers with choice. Identify two methods used by business to do this. Marketing provides consumers with choice. This is identified by two methods in businesses‚ Product features (e.g. car with power steering) and pricing strategies (discounts). 2. Describe the importance of market share to a business operating in a highly competitive environment. The importance of market share to a business operating in a highly competitive environment is to show how much stronger
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|The Business Environment | | | |Karron Lay | |February 2‚ 2013
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Which ONE of the following is an example of a social responsibility programme implemented by a business? A Increase in manager’s salary B Sponsoring an HIV/Aids orphanage C Increasing profits D Discounting the prices of its products 1.1.4 This form of investment carries the highest risk: A Shares B Property C Unit trusts D Fixed deposit 1.1.5 One of the significant advantages for a business enterprise of making use of work teams (team-work) is that … A greater output through collaboration
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London School of Business & Management BTEC Levels 4 & 5 HND Business Centre No 79829 Unit No & Unit Title Unit 1: Business Environment Course Title HND Business (BTEC Level 4 and Level 5) Lecturer’s Name Dr Knowledge Mpofu Assignment Title & Type Date Set Business Environment – Individual Assignment 24th September 2014 Due Date 9th January 2015 Academic Year / Semester September 2014 Semester Unit Outcomes Covered: LO1. Understand the organisational
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technology introduced. Furthermore‚ training of employees to use the technology will also be costly and time consuming. More so‚ training employees could also lead them to leave the business in order to start up a new business because of the training given by management. Therefore‚ making the productivity level of the business down. If more technologies are changing then more training will be needed and this could lead to further employees leaving their jobs. Also redundancy costs will be increased if
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LOGO Business Name 1st page Section Group last page Name of Members BUSINESS PLAN FORMAT I. Cover Sheet 1.1. Name and Address of Business‚ Contact Number 1.2. Name(s) and Address(es) of the Principals Chapter 2. EXECUTIVE SUMMARY (this section is written last) 2.1. Business Description (You can use the information on chapter 3 – 9. summarize what you have written on that chapter) 2.1.1 description of your company‚ including your products and/or services 2.1.2 objectives
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Business Level 2 Unit 1 Business Purposes Contents Introduction about the Unit 2 P1- Identify the purpose of four different business organisations. 3 P2- Describe the different types of business ownership‚ linking this to the size and scale of four different organisations. 6 P3: Explain how businesses are classified using local and national examples 8 P4- outline the role of the government in creating the business climate. 10 P5: Explain the characteristics of the local business
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NATIONAL UNIVERSITY OF IRELAND‚ DUBLIN UNIVERSITY COLLEGE DUBLIN Master of Science (MSc 31) Business Policy (BMGT4046H) STUDY GUIDE MSc Hong Kong Copyright March 2013 Page 1 Author: Dr Ann Bourke (2013) This Guide was prepared for the National University of Ireland‚ Dublin as a comprehensive support for students completing the Master of Science Degree programme. © This publication may not be reproduced‚ in whole or in part without permission in from the National University of
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VanNiman 1 A1. Viability of the product of service that the business offers in an online environment. Going online with this type of business allows doors to open to possible customers who wouldn’t otherwise have knowledge of its existence. The type of service that this business offers is usually searched once due to the nature of the expected outcome. When looking for a home‚ expected buyers look for the one that fits all of their requirements. Most home shoppers have a realtor
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Like property location‚ property size‚ and any other information describing the property. We will provide our outmost service to provide the needs of our clients. b. Size of Business BC Property Forum is a small size business that has 20 to 99 employees. This business is privately owned by partnership type of business. c. Office Equipment and Personnel The office equipment needed First are computers for recording‚ keeping and back-up of files and records. Second Telephones and Faxes for
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