Knowledge Unit Title 1: Manage Own Performance in a Business Environment Learning Outcome 1: Understand How to Plan Work and be Accountable to Others 1.1 The purpose of planning my work is so that I can set a clear period of when things need to be started and completed by‚ this will help me prioritise my work and organise it on a day-to-day basis. The benefits: I would be able to see clearly what is left to do I will be able to avoid doing the work twice I can keep a clear record of what
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CU685 Produce Documents in a Business Environment 1 Understand the purpose of producing high quality and attractive documents in a business environment 1.1 Outline different types of documents that may be produced and the different styles that could be used A document is information produced in either printed or electronic format and may be one of many types such as: - • Letter - A formal form of communication and record consisting of a standard structured format and should include the
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rapidly changing environment that affect its ability to serve its customers. A business firm must continuously monitor and adapt to the environment if it is to survive and prosper. Disturbances in the environment may spell profound threats or new opportunities for the firm. The successful firm will identify‚ appraise‚ and respond to the various opportunities and threats in its environment. Business environment is the surrounding or atmosphere under which business is conducted. Business cannot work
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my role. A code of practice is something a business puts in place for certain roles within the business i.e. at my work there is a code of practice in place for the fork lift truck drivers to follow which explains what they must do when using the trucks to ensure the safety of themselves and others. It outlines what they should do at the start of every shift‚ their responsibilities and procedures they must follow. This answer has been accepted 2. Explain the purpose of planning work‚ and being accountable
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economic environment could have an effect on them. The economic environment is basically all the economic factors brought together. By saying economic factors‚ I mean aspects such as; employment‚ inflation‚ interest rates‚ productivity and wealth. All of these elements mentioned above have an influence on the buying behaviour of consumers and organisations. P1 In terms of economic variations for marks and spencer‚ the best way to explain the effect it would have on them is by using the business cycle
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A Business Growth and Strategy Project On INFLUENTIAL FACTORS OF INTERNATIONAL BUSINESS AND INTERNATIONAL BUSINESS ENVIRONMENT By: Ankit D Jethani 6937 Business Environment consist of every factors influential to the business operations. These factors are classified into two broad categories. These are: a) External or Uncontrollable
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are often undermined or their importance in the ecosystem. Because of whales dwindling population‚ small changes are being made to their ecosystems. These changes can cause disaster across all ecosystem and the climate. Whales play an important role in the health of our environment. To understand the importance of whales‚ you have to understand how they contribute to the environment. Baleen whales‚ like the blue whale‚ are some of the biggest whales on earth. Baleen whales have multiple
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Religious Studies 2.2 AS 90821 Explain the changes in an expression of a religious tradition Task one: Describe the marriage service in the Catholic Church 100 years ago and explain why the marriage service was performed this way. What were the restrictions on the couple? The Catholic Church’s marriage service was significantly different 100 years ago mainly due to how society was then. For example:- The priest would organise the entire wedding‚ there were no prayers of the faithful and
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Unit 1 The Business Environment Section 1 P1: Describe the type of business‚ purpose and ownership of two contrasting businesses Revlon Colorstay Foundation The product I have chosen is Revlon Colorstay Foundation. Foundation is a skin colored cosmetic to cover imperfections and create an even complexion. There are many different types of foundation such as liquid‚ powder‚ tinted moisturizer
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Change is perhaps the greatest competitive challenge that companies face. They feel extremely challenging to embrace it as it is a continuous process having no end. This is because companies keep redesigning and changing their internal organisation and management systems constantly. As Dave Ulrich (1998: p127) mentions: ‘Successful organisations will be those that are able to quickly turn strategy into action‚ to manage processes intelligently and efficiently‚ to maximize employee contribution and
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