Activity 1: investigate what a business is and what businesses do. Introduction: My Businesses. I was asked to choose two businesses which one has to be local and the other has to be national. For this I have chosen Tesco and Sandwiches by Sue as my businesses because I can easily research about them as family and family friends work in both of the businesses‚ which means my research will be more accurate. I have also chosen them as they both have a store near to me (Tilbury Essex). I have had
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Examine how factors can cause changes in economic activity Economics activity is the production‚ distributions‚ exchange and consumptions of goods and services. Businesses and consumers can cause it to increased and decreased‚ when it increases it means that the value and amount of goods and services are increasing as well‚ many factors can change how the economic activity for example interest rates‚ consumer spending and many more. Interests rates is one of the main factors that cause changes
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P4: Describe sources of internal and external finance for a selected business Sports clothing business The bank I will use is NatWest as it is the bank I am currently with‚ therefore‚ I am more familiar with them then another bank. Starting a sports business there is a number of things to take into account such: whether or not you are better off leasing a building instead of buying‚ business insurance‚ how you are going to obtain the money to enable the business to get up and running without
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Introduction This report evaluates how future changes in the legal‚ social‚ political and economic factors may affect the growth strategies of Coca-Cola Enterprises Ltd. The report also briefly explains how a forecast change in the aforementioned factors may influence the plans of Coca-Cola Enterprises Ltd. The following are the 4 main factors: 1.Economic Factors In the future‚ economic factors will have the greatest influence on Coca- Cola Enterprises Ltd. The Office of Budget Responsibility
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You are invited to complete a business plan activity. The business plan is designed to help you communicate what your business will look like as you start and what your goals are for the future. Please review the instructions below. Business Plan Business Plan 1. Provide complete answers to each question. Be specific in your responses. 2. You are expected to utilize any research you have done or knowledge about the business to describe your plan. 3. Be sure to describe your rationale for crucial aspects
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Since the Second World War‚ international business appeared as the main economic factor responding to postwar needs. Nowadays‚ globalisation has increased the facility of international exchange and has risen the multicultural needs.The increase in demand for international products has resulted in large possibilities to do business abroad. However‚ it is really complicate to import or export without knowledge in this area. Global business is all of the commercial exchanges which involve more than
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Harvey Norman have to take environmental factors into consideration during its operation‚ to be more explicit‚ Harvey Norman have to comply with specific regulatory requirements relating to environmental sustainability‚ along with the promotion of environmentally sounds practices to its employees‚ associates and clients as a material objective. So as to meet the standards of environmental requirements‚ Harvey Norman have to ensure its business activities in conformance with current environmental
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SUCCESS FACTORS OF SELECTED COFFEE SHOPS AT ARANETA CENTER‚ CUBAO A RESEARH STUDY In Partial Fulfillment of the Requirements in Fundamentals of Research Prepared by: Artiaga‚ Naomi P. Bati‚ Charrs Brent V. Cañete‚ Diana Rose V. Tominio‚ Cherizeth B. ACKNOWLEDGEMENT • We would like to express sincere gratitude to our Professor Dr. Emma R. Gunno for guiding us to make this research possible‚ her unending support for us give us encouragement when we fell like giving up. Her personal
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• Social Factor: such as cultural differences and lack of understanding can be very crucial for our proposed Afro-Caribbean Restaurant business because countries cultures may differ from one another‚ therefore‚ we should take into account several food designs‚ communication‚ business promotion‚ and even our delivery services. We should have competent employees that will meet the social requirement of the customers we have in our diverse business premises. • Technology: is a very important factor
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analysing‚ aiming to identify the main political and economical factors that will be affecting Jet2.com in the coming years. In order to structure the information‚ several management tools will be used such as: SWOT analysis: this will help to identify the strength and weaknesses together with the company’s environmental opportunities and threats. PESTEL analysis: This tool will select the vital influences on the company’s future development‚ which factors are most likely to change and which ones
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