action can affect BA’s operation can be stakeholders of British Airways. Stake holder can be either internal or external. Internal stakeholders: are those who are involved with business internally for example owners‚ shareholders‚ managers and employees. External Stakeholders: are those who are involved in business externally for example customers‚ suppliers‚ local community and government. Owner: Since BA is public Limited Company so it belongs to its share holders. More control goes to
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D1: Evaluate the influence different stakeholders exert in the organisation. Introduction Each stakeholder is important to the business‚ however‚ some are more important than others. I have chosen the top three that I think are the most important and in this word document‚ I will evaluate how these stakeholders influence the NHS and McDonalds. McDonalds Owners The owners are very important in McDonalds‚ because they’re the people that invest in the business and make sure that it runs smoothly
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attempt to influence Diageo and to what extent they have been successful. Methods To rate Diageo’s stakeholders by their influence‚ helped Diageo’s website page which define their stakeholders as all those who affect or are affected by Diageo’s business. They include internal and external stakeholders. A table in the website page sets out each stakeholder group and examples how Diageo currently engage them. Findings Diageo is a big British multinational alcoholic beverages company based in London
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25TH January 2011 Unit 1 the business environment Private sector P1: Private sector: For the private sector I have chosen the company Chevrolet‚ this is a well known American car company that sell many types of vehicles such as sports cars‚ 4x4s super cars‚ medium duty commercial trucks and subcompact cars. The ownership:/ The type of ownership of Chevrolet is a partnership; the two founders for Chevrolet are Louis Chevrolet and William C. Durant‚ it was founded on November 8TH 1911. The
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------------------------------------------------- UNIT 1: THE BUSINESS ENVIRONMENT ------------------------------------------------- P3 & P4 GUIDANCE CRITERIA: P3: DESCRIBE HOW TWO BUSINESSES ARE ORGANISED P4: EXPLAIN HOW THEIR STYLE OF ORGANISATION HELPS THEM TO FULFIL THEIR PURPOSES ------------------------------------------------- CONTENT: ------------------------------------------------- ------------------------------------------------- ORGANISATIONAL STRUCTURES:
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they get regular customers by giving them loyalty cards‚ promotions such as “buy one get one free”‚ discounts and other special offers. Sainsbury’s are getting regular customers which bring in more profit which then can be used to help expand the business even more. Customers demand cheaper products so local and national stores such as Sainsbury’s will try to have the cheapest products for customers to buy which then encourages competition between the stores‚ whichever store has the cheapest price
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Lecturer: Audrey Vince Ahmed Ahmed 63755 Unit1-P4-business environment-Explain how they style of organisation helps them to fulfil their purposes. Introduction: In this assignment I will be explaining how the two businesses that I have chosen from my previous assignment P3‚ how they present the organisational structure and how strategic planning helps them achieve its purposes and aims. This assignment will include the following * The aims of Coca- Cola and Nike * How the strategic
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In order to get the distinction criteria I had to evaluate the way an organization has responded to changes in the business environment. The organization that I chose was Tesco PLC.‚ specifically the TESCO STORE Mega-Branch. I am going to talk about a brief history about this company‚ and its services taking account of how successful it has become. TESCO STORES LTD.: BRANCHES TESCO: ORIGINS TESCO is a British multinational grocery and general merchandise retailer founded in England in 1919
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Introduction For this task I have been asked to discuss the stakeholder’s aims and objectives of my two businesses. It is important for stakeholders to have an influence as they can offer ideas and anything the company is doing is in their interest. Aims of Waitrose • The aims of Waitrose are to offer a top quality service and also try have get their customer to be eating organic affordable food by 2012. • They also are trying to get their own farm to own and grown organic crops. Objectives
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Unit 5 Introduction to Accounting D1 Recommend and justify actions a business might take when experiencing cash flow problems. When experiencing cash flow problems there are a few recommendations to make‚ these problems include: • Being overdrawn on consecutive months. • Having too much money • Difficulty in predicting costs When being overdrawn on consecutive months you should look to cut back on immediate expenses such as insurance‚ suppliers‚ rent and employees. You could
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