in selected food cart franchising business in the University belt: an assessment - Presentation Transcript 1. 2. 3. 4. B ackground of the study Franchising is often defined as being in business for yourself but not by yourself. It is route to expansion where there is a franchisor and a franchisee that enters into a franchisee agreement‚ although both parties have a contractual relationship‚ one that enhances and sustains the success of franchising. It gives the business a distinct ability
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service. It operates under a public limited ownership as a tertiary business. A public limited company (PLC) means it is able to offer shares to the public. The owners of these PLC’s are the main shareholders. A tertiary business is one that provides a service to other business or individuals. Federal Express (later known as FedEx) was established in 1973. Ten years later‚ the company reaches $1bn in revenue – the first US business to achieve this status without merger or acquisition. Services extend
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supporting change in a business environment Section 1 – Understand why change happens in a business environment 1. Explain why change happens in a business environment. You should include at least three reasons in your answer. Reasons for change in a business environment may include: internal factors • A business wants to reduce waste and costs • A business launches a new product • A business introduces 24-hour customer support • A business introduces quality management
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COMPANY BACKGROUND Hubbard Foods Ltd started up in mid-1988 and a private limited company. The company was originally named Winner Foods Ltd and only 4 employees at that moment‚ now currently has staff about 150. In 1990‚ Dick¡¦s decision was made to introduce the Hubbard brand as the main brand for breakfast cereal products. The company¡¦s products set the price at both the high price range and low end of the cereal market. Hubbard¡¦s has consistently built a culture around caring for others
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October 2012 -Role of Marketing in the non-business environment since article “Broadening the Concept of Marketing” by Philip Kotler and Sidney J. Levy was published in 1969 -- Written by Anthony Chi Yuen CHAN 1 Abstract Social economic development over the past 40 years has been drastic over the world. From 1970 to 2010‚ global GDP has grown over 20 times from 3‚288 billion USD to 63‚064 billion USDi. Government consumption expenditure per capita increased from 140 USD to
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retail business. British supermarket chain Asda was recently taken over by American retail and wholesale giant Wal-Mart. After retaining the name Asda‚ the supermarket chain has grown and opened stores across the UK‚ recruiting many employees along the way. The recruiting policies have undergone a major re-vamp with a large local recruitment drive. Recruitment drives are sometimes conducted seasonally‚ like during Christmas‚ when extra part time staff is hired to cope with the rising business. Applications
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this class I researched and compared and contrasted all the major electric‚ hybrid and standard vehicles in an effort to show readers what type of vehicle may meet there wants and or needs. Through my research I discovered the importance of car companies to continue to make advances on these electric automobiles. While writing this paper I was able to provide justification and a strong rationale in the selection of a vehicle. Lastly‚ there are many other solutions for example as developing different
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Unit Title: OCR unit number Sector unit number Level: Credit value: Guided learning hours: Work with other people in a business environment 205 Y/601/2474 2 3 10 31 December 2013 Unit expiry date: Unit purpose and aim This unit is about working within a team‚ sharing responsibility with others to make sure that a team can achieve agreed goals and objectives. Learning Outcomes The Learner will: 1. Understand how your role fits with organisational values and practices Assessment Criteria
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IDENTIFY AND EXPLAIN TEN (10) MACROECONOMIC VARIABLES AFFECTING A NAMED BUSINESS ENVIRONMENT. HOW CAN THESE BE REGULATED? INTRODUCTION In today’s world‚ no business operates in isolation without interacting with the environment where it operates. Irrespective of the nature of business whether public or private organization; manufacturing; service industry; local or international firm‚ its operations are inhibited by the environment in which it operates. During 2003-2007‚ Nigeria attempted to implement
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Explain the benefits of knowing the purpose of communication. Communication is key in any business‚ it keeps the productivity of the business high and all colleagues feel part of the team as well as the company if they are being communicating with properly. It is also important to communicate with customers properly via phone‚ email‚ fax etc. By not communicating with customers properly we could lose their business and potentially develop a bad reputation. At Traplet it is extremely important we communicate
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