12/03/12 1.) Describe the role played by the following sector: a.) Household -Households own the factors of production‚ such as Land‚ Labor‚ Capital‚ and Entrepreneurship‚ which they supply to the market. b.) Business Firms -Business firms are utilized in producing goods and services out of the factors of production that the household supply. c.) Government -The government has the responsibility in collecting taxes of the two sectors as a source of government income‚ which is used for
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Contrast the ownership and purpose of two different business organisations. John Lewis Zebs Type of ownership John Lewis Partnership’s seven principles define how we run our business. They are as relevant today as they were when they were set out by our founder‚ John Spedan Lewis‚ in our constitution. Zebs is owned by one person which is called a sole trader as they run the business by themselves and don’t count on other people Purpose The Partnership’s ultimate purpose is the happiness of
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- Very good customer service team member on board The not for profit organisation‚ official tourist board is Enjoy England (Visit Britain). Access to and use of this site is provided by Visit Britain‚ a statutory body included under The Development of Tourism Act 1969 as the British Tourist Authority. Enjoy England has a public and private sector stakeholders of English Tourism. It works in partnership with Visit Britain. The site is normally available
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Stakeholder Stakeholder is a person or groups who have interest in the success of the organization. A stakeholder is mainly concerned with an organization delivering better results and meeting its financial objectives. There are two types of stakeholder. 1. Internal Stakeholder 2. External Stakeholder Internal Stakeholder:- Internal Stakeholder is someone who works inside the organization or anyone within the organization that will benefit from the company’s profits. For example:-
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TASK: CRITICALLY DISCUSS THE PRACTICE AND THEORY OF STRATEGY DEVELOPMENT PROCESSES IN YOUR CHOSEN ORGANISATION. IN YOUR DISCUSSION‚ INCLUDE SOME IMPLICATIONS FOR THE "LEARNING ORGANISATION" CONCEPT IN RELATION TO STRATEGY DEVELOPMENT IN YOUR CHOSEN ORGANISATION. This sub-task of the essay will address how strategy development processes and implications for the "learning organisation" concept in relation to strategy development are applied in China-based Haier Group (HG) (See the background information
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Based on what you learned in this seminar about searching the library and peer-reviewed sources‚ search the UoL online library databases appropriate for your programme for one peer-reviewed article that you could use to support your argument and response to the Discussion Question. Analyse the article you selected for the following aspects of scholarly argument and academic originality: How clear is the argument? How is it organised? How does the author present his or her original ideas to the
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Franklin Mccombs Instructor Landers Engl 098 24 April 2015 Future of Your Chosen Career I would like to define a chosen career? A career is a goal or desire that you want to accomplish and maintain. It is a development of goals in a particular area using your skills to build your dream (Pavlina‚ S. 2005). Choosing a career helps to increase your determination to succeed. The choice to make your chosen dream a reality requires faith in yourself. My desire as a business owner is to grow my business
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Purpose seems to stay elusive for many of us. The reasons stem from a lack of understanding of what keeps us from our purpose. Stress and survival based living is the first issue that needs addressing. It does make sense that we need to feel safe and protected before we can afford the luxury of going after quality experiences that are based on love and adventure. The need for protection however is often subjected to a distorted perception. We misinterpret situations as being threatening to our safety
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There are three different types of approaches to organisation which are classical‚ neo-classical and modern. Below I have explained in detail what they mean according to my research. Classical approach to organisation has concepts that are commonly known as classical concepts or classical theories of an organisation. An organisation is the structure of power‚ relationships‚ objectives‚ roles‚ activities‚ communication and other factors that exist when a person works together with someone. The
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D1 Compare the rights and responsibilities of employers and employees in your chosen business -------------------------------------------------------------------------------------------------------------------------- All employers and employees in Asda have rights and responsibilities to each other they both should expect their rights to be upheld. Most right and responsibility’s correspond with one and other with means they over lap even if you are an employer or an employee. The
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