Functional areas of Greggs:12 At Greggs Head office they have eight main functional areas which are; Marketing- Infilling a market lead ethos thought out‚ researching on external opportunities to understand current and potential customers‚ developing the marketing plan and strategy. Managing budgets and market success. Job roles within marketing: researcher‚ questionnaire designer‚ online survey producer. Production- only found in in manufacturing businesses such as; Heinz. Receives deliveries
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matter how well/bad the company operates. The gearing of Greggs was 14.9% in 2010 and decreased 1.9% to 13.0% in 2011. Compared with Whitbread whose gearing was49.4%in 2010 and 50.4% in 2011‚ Greggs shows generally a better stability. Profitability ROCE shows how much a company can gain from its assets and liabilities. It is a primary measure of profitability and a vital assessment of effectiveness (Atrill and McLaney‚ 2008). The ROCE of Greggs reduced 2.1% from 25.3% in 2010 to 23.2% in 2011 while
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c) Write aims and objectives for a selected business (P3) • Describe what is meant by SMART objectives. An objective that follows SMART is more likely to succeed because it is clear (specific) so you know exactly what needs to be achieved. You can tell when it has been achieved (measurable) because you have a way to measure completion. A SMART objective is likely to happen because it is an event that is achievable. Before setting a SMART objective relevant factors such as resources and time were
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What is an organisational structure? Organisational structure refers to the levels of management and division of responsibilities within a business‚ which could be presented in an organisational chart. For simpler businesses in which the owner employs only himself‚ there is no need for an organisational structure. However‚ if the business expands and employs other people‚ an organisational structure is needed. Any operating organization should have its own structure in order to operate efficiently
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its aims and objectives Aims and objectives are the `ends` that an organisation seeks to achieve. It then has to decide the means it will use to achieve those ends. Aims- facilitate mobility‚ long term performances. Objectives- markets and customers‚ employees‚ economic performances‚ environmental policy and product/manufacturing. These provide guidance for management actions. Most organisations have general or overall aims which they can break down into specific objectives and aims. If
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Environmental forces affecting Greggs and their impacts In today’s society there are a number of forces affecting how businesses run; in this essay I will explain how different forces affect a bakery chain called Greggs. Greggs is the largest bakery chain in the UK‚ over the course of its existence Greggs has already adapted numerous times to adapt to changing requirements in its target population and to try and maximise profits. In 1972 Greggs expanded outside of North Eastern England for the first
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Assignment 1; Understand the Purpose and Ownership of Business Task 1 Design a guide for businesses that defines aims and objectives in different sectors. Aim – it is a long term target to achieve something. It is an action of directing something at an object. Object – it is a short term target which helps achieve the aim. It is often linked to the aim. SMART objectives: S - Specific - There is a clear definition‚ containing a number where possible M - Measurable - This
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Gregg v. Georgia 1976 Introduction/Background: A Jury found Troy Gregg guilty of committing an armed robbery and murder. In accordance with Georgia law‚ the trial was in two stages‚ a guilt stage‚ and a sentencing stage. At the guilt stage of Georgia’s bifurcated procedure‚ the jury found the petitioner guilty of two accounts armed robbery and murder. At the penalty stage‚ the judge instructed the jury that it could recommend either a death sentence or a life prison sentence on each count
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selected business meets its aims and objectives. I am going to assess whether the business I chose is able to meet their aims and objectives. Tesco’s aims and objectives are the following: 1. To maximise sales by 10% at the end of this year. 2. To become the largest retailers throughout the UK 3. Expand their business have a office in European and worldwide 4. To provide a good service that it cheap and affordable to the consumers by the end of March. Tesco’s main aim is to stay the leading
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O-30 (2003) full size 12/8/03 10:13 PM Page 1 CALIPERS How to Read Vernier Calipers Fractional Reading Vernier Scale. 1/16" on the main beam is subdivided into eight or to 1/128". Because of .300" inside jaw thickness‚ the vernier is placed .300" off from zero point. Position of the vernier plate can be readjusted. 1/16" Graduations on the main beam. Decimal Reading Vernier Scale. 1/40th of an inch is subdivided into 25 by the vernier to read to onethousandth
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