Learning Assignment 1: Organising a business P1:“Describe the type of business‚ purpose and ownership of two contrasting businesses” P3:“Describe how two businesses are organized” 1. Introduction Describe briefly what you are expected to do for this assignment‚ and how you will work out the various tasks. I’m going to learn about how a business works and how it’s all organised. 2. Theory A. List at least 4 different business types‚ with regards to where the company operates. Local – in a single
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Unit 4: Business Communications In this assignment I will be investigating the different types of business information that exist in Apple Inc. P1: Verbal Information: Face to face verbal communication is the best way to communicate as there is no misunderstanding as there is clear communication between the speaker and the audience‚ also there will be direct feedback and questions can be answered instantly. For example Apple will hold press conferences
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Business Aims / Objectives & Mission Statements A business aim is a long term goal. It is something a company is working towards to achieve the target within a certain time. To do this the business would need to use short term goals called objectives to achieve these. These objectives intend to be SMART. (Specific‚ measurable‚ achievable/agreed‚ realistic‚ time) An aim is where the business wants to go in the future‚ its goals. It is a statement of purpose‚ e.g. we want to grow the business into
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BTEC Level 3 in Business UNIT 3 - MARKETING ASSIGNMENT 1 P1 Marketing Techniques Graph below shows Ansoff’s Matrix strategies. Market penetration (existing product on existing market). Market penetration uses existing products on an existing market. This strategy tries to achieve growth of sales through encouraging brand loyalty‚ encouraging more purchases‚ taking customers from rivals and converting non-users to users. An example of this strategy is
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Task 1 The benefits of diversity Britain is a multicultural society with a huge variety of people who all have come from different backgrounds‚ these people live and work all over the country. London is the capital of the country and has the largest immigrant number. In Britain 6.5% of the population are ethnic minorities. The British population is made up of the following ethnic groups: • White-53‚074‚000 (includes Irish‚ Polish‚ Italian‚ etc) • Black Caribbean- 490‚000
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Types of information: Verbal • Verbal communication is where somebody talks face to face with the audience and could also include eye contact and body movements‚ Wilberforce use verbal communication in a full range of things one example been a English teacher reading out a poem. Written • Written communication is in the form of physical symbols called words. It doesn’t have to be words though‚ in the broader sense it could be things such as diagrams and charts. So therefore all visual
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I am going to evaluate the influence that stakeholders exert on Sainsbury’s. I will be evaluating the following stakeholders: customers‚ employees‚ shareholders‚ suppliers‚ the government and owners. The first stakeholder I am going to evaluate is customers which are external stakeholders. Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons‚ customers do not want to have to spend an excessive amount
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P1 The Tussauds This group is a now part of a Merlin Entertainments. It is also the world’s 2nd biggest leisure group; it is second because of Disney. This group is based in Poole‚ Dorset‚ from this it manages a lot of brands and also more than 50 attractions‚ some of the attractions are: * The Madame Tussauds (The Tussauds Group is now part of Merlin Entertainments) * Legoland Parks * Sealife Centres * Gardaland in Italy * The Dungeons and the London Eye
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M3 Analyse how evaluating a business event informs future planning. Identify different methods of evaluation‚ e.g. questionnaires for delegates or a debriefing session‚ explaining how they contribute to identifying problems and providing solutions for future events. What is evaluating? Evaluation is an assessment of something or making an observation of the outcome whether good or bad. An example of evaluating is after the Year 8 disco‚ was the year 8 pupil’s filing out an evaluation form on how
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You should consider at least three internal and two external functional areas which provide sources of information that an organisation might use to inform its decision making. Types of information There are two types of data qualitative and quantitative. Qualitative data is written out and quantitative data is numerical data. The advantages of qualitative data is that you can get a more depth and detail about a topic and therefore you can analysis it better and it is has a lot more validity about
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