Unit four: Principles of supporting change in a business environment Assessment Section 1 – Understand why change happens in a business environment 1. Explain why change happens in a business environment. You should include at least three reasons in your answer. Reasons for change in a business environment may include: internal factors‚ examples include; A business wants to reduce waste and costs‚ A business launches a new product‚ A business introduces 24-hour customer support‚ A business introduces
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Chapter 1 Nepalese business Environment Business is an organization‚ trade‚ commerce‚ profession‚ occupation and industry carried out to make profit through customer satisfaction. Environment literally means the surrounding external objects influences or circumstances under which someone or something exists. Business environment can be defined as the combination of the entire factor that influences a business activity. A business firm exist in two worlds i: e internal and external
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assign the IP address to the interfaces. Notes The routers are connected directly to each other in this lab and do not actually connect through any leased line services. Diagram Gi0/0 Ethernet NYWAN1 Serial0/1/0 Serial0/0/1 DCE NYEDGE1 Serial0/0/0 Serial0/0/0 DCE Gi0/0 Ethernet Task Index Task 1 - Create a subnet plan Task 2 - Assign addresses to all interfaces‚ including serial lines NYEDGE2 Gi0/0 Ethernet Task 3 - Configure the interfaces in each router Task 4 - Configure/enable
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Tesco For my assignment I have chosen Tesco’s. In order for this business to operate it needs four factors of production; the capital‚ the labourer‚ the entrepreneur and the land. In this essay I will include information on Tesco’s Physical‚ technological‚ human and financial resources. Tesco’s physical resources include their premises‚ plant‚ machinery‚ equipment‚ materials and stock. Tesco’s technological recourses include; intellectual property‚ experience and skill‚ software licensing‚ patients
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None of the above 4. How long the following program will run? main() { printf("\nSonata Software"); main(); } a) infinite loop b) until the stack overflows c) All of the above d) None of the above 5. On combining
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Task 1(LO3 AC 3.1) explain how market structures determine the pricing and output decision of business. A market structure in which there are many firms; each firm sells an identical product; there are many buyers; there are no restrictions on entry into the industry; firms in the industry have no advantage over potential new entrants; and firms and buyers are completely informed about the price of each firm’s product. Perfect competition Perfect competition describes a market structure whose
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Section 1 – Understand why change happens in a business environment 1. Explain why change happens in a business environment. You should include at least three reasons in your answer. Reasons for change in a business environment may include: - Internal factors • A business wants to reduce waste and costs • A business launches a new product • A business introduces 24-hour customer support • A business introduces quality management techniques - External factors -
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The six environments of business are Domestic‚ Global‚ Technological‚ Political-Legal‚ Sociocultural‚ and Economic and all are interlinked in some form or fashion. One affects the other at different levels at different rates of advantage or disadvantage. A business’ environment are factors that affect the business’ ability to operate‚ which may tie in one or more of the types listed above. When one looks at the environment of Domestic Businesses understand that it is considered to be solely within
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The impact of business environment in today’s business Business‚ now-a-days is vitally affected by the economic‚ social‚ legal‚ technological and political factors. These factors collectively form business environment. Business environment‚ as such‚ is the total of all external forces‚ which affect the organisation and operations of today’s business. The environment of an organisation has got internal‚ operational and general levels‚ managers must be aware of these three environmental levels and
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different types of business information used by the business organisation that I have chosen for example; verbal‚ written‚ non-verbal‚ non-written‚ multimedia etc. I will also be writing their sources and purposes and analysing the different types of information. I will then evaluate the appropriateness of business information used to make strategic decisions. The business that I have
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