P5-Describe the influence of two contrasting economic environments on business activities within a selected organisation Within my selected organisation‚ Tesco‚ there are 2 important economic environments that have an influence on business activities. Both economic environments will have a different way on affecting Tesco. The economic environments are growth and recession. Economic growth occurs when more goods are being produced and consumed‚ and incomes are rising. A growth company tends to
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Living on Your Own. Living on your own doesn’t seem to be a big deal in the beginning. Despite all the disadvantages of living on your own the benefits of it are far greater. While living on your own you can develop important life skills such as time management and greater responsibility‚ which will lead to a more mature stage of life. When this stage of life is achieved you can decide what and how you want to live the rest of your life. When it comes to the point of living away from your parents
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“What You Eat Is Your Business‚” by Radley Balko In the article of Radley Balko‚ he considers obesity a problem in the nation. Balko believes that it is unhealthy for children to be eating bad food but it’s their choices to eat that food. Balko is saying that if people are eating unhealthy and are having health problems everyone shouldn’t have to pay for their health problems. Balko says‚ “In other words‚ bringing the government between you and your waistline.” Basically he is saying that the
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* Business Environment Understanding the environment within which the business has to operate is very important for running a business unit successfully at any place. The environmental factors influence almost every aspect of business such as‚ its nature‚ its location‚ prices of products‚ the distribution system‚ or the personnel policies. It is important to learn about the various components of the business environment‚ which consists of the economic aspect‚ the socio-cultural aspects‚ the political
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BTEC Higher National Diploma HND Business Unit # 01 Learner’s Name Learner’s ID Edexcel Registration No: Unit Title Business Environment Assignment Reference HND U1‚ LO 1‚ 2 Activity Presentation Activity Title Understand to draw up the constitution of a company and about shareholders‚ directors‚ charges and insolvency Date of Hand in Date of Submission Assessor Malik Abdul Naveed Internal Verifier for the Unit Mir Wajid Ali
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HBR Case Review: Can You Say What Your Strategy Is? David J. Collins & Michael G. Rukstad Issue: * Executives cannot articulate the objective‚ scope and advantage of their business in a simple (35 word) statement. Supported By: * Leaders assume that strategic planning process will be communicated succinctly and ensures success. Proposed Solution: * Leaders must draft a simple‚ clear‚ succinct strategy statement that everyone can internalize and use as a guiding light
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Chapter 1 Business Environment Q 1. Ans. What is Business Environment? The term Business Environment is composed of two words ‗Business‘ and ‗Environment‘. In simple terms‚ the state in which a person remains busy is known as Business. The word Business in its economic sense means human activities like production‚ extraction or purchase or sales of goods that are performed for earning profits. Q 2. Ans. Define Business Environment. The elements or factors outside a business organization
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In the adaptation “You Can Grow Your Brain” from Health and Science‚ the author emphasizes that many people think of the brain as a mystery. According to “You Can Grow Your brain”‚ we don’t often think about what intelligence is or how it works. In the outer layer of the brain which is called the cortex‚ are billions of very small nerve cells that are called neurons. A quote in this article stood out to me that says “The more you challenge your mind to learn‚ the more your brain cells grow.” In
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NAME: TAHIR M SULTAN UNIT: 4 (BUSINESS ENVIRONMENT) ASSIGNMENT NUMBER: 1 ASSIGNMENT TITLE: THE CASE: MCDONALD LECTURER: Mr. Hamid Rahim SUBMISSION: 11-10-2011 1. LIST SOME STAKEHOLDERS OF MCDONALDS. CLASIFY THEM AS INTERNAL‚ CONNECTED AND EXTERNAL TYPES. Stakeholders can be defined as “individuals and groups who are affected by the activities of an organization. The most important stakeholders can be seen as those with most to lose from the organization’s actions‚ but this does
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perhaps stated as vision and mission‚ of three different types of Other organizations……………………………… ……………………………………1 The stakeholders and the extent of organization meets the objectives of its different stakeholders The stakeholders……………………………………………….………………………4 Who are the stakeholders……………………………….……………………………..5 Explain how the company will be managed so that it is seen to behave in a responsible way in relation to governance‚ finance‚ the environment and the wider society………………………………………………….………………………………5
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