Singapore business environment with PEST analysis Political – Singapore has friendly environment for business. The government makes several organizations to encourage business. The regulation structure of Singapore has Ministry of Trade and Industry (MIT). That makes Singapore become global city of enterprise and innovation. The aim of MIT is making economic growth with creating job opportunities. It can give broad directions for the economy. Their tasks are making economy growth‚ trade expanding
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M1- Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations. Stakeholders A stakeholder is anyone that is interested in a business‚ whether it is a small business or a big business. Stakeholders are individuals‚ group or organisations that are affected by the action of the business. They include the following: Owners that are interested in how much profit the business makes Managers and employees who are concerned about
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DRAFT Model Assignment Issued April 2010 OCR Level 3 Principal Learning in Society‚ Health and Development Unit F952: Personal and professional development in the work environment Please note: This OCR model assignment may be used to provide evidence for the unit identified above. Alternatively‚ centres may ‘tailor’ the assignment within permitted parameters (see ‘Notes for Teachers’). It is the centre’s responsibility to ensure that any adaptations made to this assignment allow learners
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Bibliography: Marketing and Sales Info: How to Make Your Product Affordable. (2003). Retrieved February 28‚ 2013‚ from BusinessKnowledgeSource.com: http://www.businessknowledgesource.com/marketing/how_to_make_your_product_affordable_022683.html Paragas‚ R. T. (2009‚ December 19). Q&A - Define what is meant by quality. Retrieved February 28‚ 2013‚ from Tutor2U: http://www.tutor2u.net/blog/index.php/business-studies/comments/qa-define-what-is-meant-by-quality Robles‚ C. (Ed.).
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Unit 201 - Manage own performance in a business environment.Celia Baker 07/11/12Outcome 1: Understand how to plan and be accountable to others.1.1 There are a number of guidelines and procedures in place to enable me to do my job not only to the best of my ability but in a professional manner. In administration‚ there are procedures that need to be followed relating to various aspects of the job including correct procedures to‚ answer the telephone‚ confirming tickets‚ dealing with outgoing mail
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(ref: Unit 2 Types of Business). Mary Chia Holdings is owned and controlled by just one person although it may have many employees. It is the oldest and most common form of business ownership. Not only that‚ it is also the easiest form of business to start with limited funds whereby the owner‚ Mary Chia‚ registered her business under the Business Registration Act. But‚ there is no legal distinction between her personal property and the assets of the business. In case her business fails‚ her liability
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Business Environment Section 1 A1) The major achievements of China’s Huawei Technologies in the areas of its specialization are that they won the contract to build Norway a fourth generation (4G) mobile network‚ the deal was the largest so far for the new LTE technology in Europe making it a milestone for Huawei. The report by research firm Ovum found Huawei was the undisputed leader in the telecom optical equipment market. Huawei and fellow Chinese firm ZTE‚ it said‚ are the only two vendors to
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Literature Review Work environment According to the business dictionary‚ the work environment includes the physical geographical location as well as the immediate surroundings of the workplace‚ such as a construction site or office building. There are typically other workplace factors relating to the place of employment like the standard of the air‚ noise level‚ and extra benefits and advantages of employment such as free child care or unlimited coffee‚ or adequate parking (Business Dictionary
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1.1 Explain in your own words what the welfare requirements are. The welfare requirements cover many areas. We protect the children by having policies and procedures for safeguarding children. Practitioners are attending safeguarding courses to understand and know how to respond appropriately to signs of abuse. Ofsted is informed if any form of abuse was noticed in the nursery or at home. People working with children must be able to fulfil the requirements of their role. Every person employed working
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Consumers have greater protection than buyers who are ‘dealing in the course of a business’. ‘Let the buyer beware’ or ‘caveat emptor’ does not apply to all transactions and anyone selling goods in the course of a business to consumers should be aware that the law will imply certain terms into all such transactions. Consumers are defined as people who are buying for purposes not related to their trade‚ business or profession. 1. Legislation The Sale and Supply of Goods Act 1994 introduced
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