Assignment questions: Specification of Assessment LO1 (Task 01): Understand the organisational purposes of business 1.1 Identify the purposes of different types of organisation 1.2 Describe the extent to which Siemens meets the objectives of different stakeholders D1 Critically evaluate the responsibilities of Siemens to meet stakeholders objectives. 1.3 Explain the responsibilities of Siemens and strategies employed to meet stakeholders. M1 Identify and find the mission and objectives
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"Business is the way of the world. Shopping‚ buying‚ selling‚ promoting‚ discounting‚ it’s a field that I am greatly interested in‚ and wish to learn more about. Although I have a broad range of interests‚ I have always been drawn to business management because to me it’s a very exciting environment with lots of demands and challenges. However the thing that excites me the most about business manm‚mnagement is the way in can directly and indirectly affect the lives of so many people.I am a forward
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Sample Marketing Plan Sources: Pride‚ W.M.‚ Elliott‚ G.‚ Rundle-Thiele‚ S.‚ Waller‚ D.‚ Paladino‚ A. & Ferrell‚ O.C. (2007). Marketing: core concepts and applications (2nd asia-pacific edition). Milton‚ Qld: John Wiley & Sons Australia‚ Ltd‚ pp. 475 – 489. Marketing plans typically follow a generic structure but differ in length and complexity. An annual plan for a well-established‚ successful product in which it is ‘business as usual’ may require only a summarised and updated situation analysis
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The Correlation of Innovation‚ Creativity‚ and Design The business world today is ever evolving. To remain relevant and succeed in the competitive field you must possesses several characteristics. Some of these characteristics are creativity‚ innovation‚ and design that are vital in the success of a business. There are numerous connotations that entail innovation‚ creativity‚ and design‚ interpreted in a cohesive manner. These subjects
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Business Report This report is to seek the contemporary issues businesses are facing in Australia and how the internal and external influences have an impact on business opportunities in NSW. There are many contemporary issues businesses are facing in Australia at this time as we are in the trough of the economic cycle. The key business issues found in the articles were the competition between businesses‚ the increase of petrol prices‚ investments‚ the euro debt crisis‚ the carbon tax‚ the
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managing the business for the benefit of customers‚ shareholders‚ suppliers‚ colleagues‚ partners and communities. Maintaining ethical and honest behaviour Our reputation for integrity is perhaps our most valuable business asset. If we lose it‚ we also lose the trust of our customers and all those who work with us. Our principles We shall believe in establishing enduring and equal relationships with all our stakeholders‚ because we’re confident that good ethics leads to good business. We
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Rewards and recognition react to this need by authenticating performance and motivating staff toward continuous development. Rewarding and recognizing individuals for performance not only affects the individual being recognized‚ but others in the business as well. Need for Rewards and Recognition Recognition should be part of the business’s culture because it contributes to both employee satisfaction and retention. Businesses can avoid worker turnover by rewarding top performers. Case Studies:
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responsibility of governments not business to protect the environment. Discuss Essay Plan. Introduction Thesis statement: Protecting the environment is the responsibility of government in some terms‚ but it is the responsibility of Business to keep safe the surroundings which are being affected by them. Main Body Paragraph 1 Why is it important to protect the environment • Protecting the environment is essential to live health life (Encyclopaedia of business) • If not it can cause
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for both parties‚ for the user and creator. If someone has a piece of software tailor made for their business then they would not want other businesses to have the same software they have just paid a lot of money for. Part of the user acceptance process is making sure that the software meets the customer’s needs‚ this could involve the software being configured in the right way for the business. Examples of configuration are: · Setting the software defaults (the layouts‚ Author initials ect
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service from a business‚ this mean that they can work together by the employees providing a good service to the business that the customer can take the good service from the business. The common interest that the two stakeholder have on the business is that they both deal with service like the customer buy the service from the business and the employees provide service for the business and also the oppose interest that the two stakeholder have is that the employees work for the business and the customer
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