Introduction to Business BUSN105 - 1304A - 09 Professor Casey Coots October 11‚ 2013 2 BUSN105: Scenario Abstract This scenario involves a number of competing issues that must be counter-balanced and addressed. First of all‚ on the positive side‚ it is important to note the vast potential opportunities available in this device idea. This device is anticipated to have numerous applications‚ each of which may be very profitable. Thus‚ it is in our best interest to maintain as much
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The business environment In this assignment I will describe the type of business‚ purpose and ownership of two contrasting businesses. NHS The NHS is a public organisation‚ owned by the government to help people with health care‚ injuries‚ infection‚ disease etc. The NHS are a health care system/organisation put together to help the residents living in the U.K. They are owned by the government and the government fund them with equipment‚ facilities‚ staff etc. Also‚ the NHS doesn’t charge us
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switched to alternatives‚ it becomes hard to persuade them to return to buying the initial product when they go shopping again. P&G decided that sophisticated demand chain management‚ establishing direct connections between sales and supply chain business processes‚ could be the key to maintaining its leading position in the consumer packaged goods industry. Thus‚ P&G has implemented “consumer-driven supply network” (CDSN) program into their company where consumer is the boss. P&G’s aim to create
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Voluntary business: Warchild Warchild is a voluntary organisation that operates internationally‚ they work in diffirent country’s and also advertise in different country’s. The reason that Warchild exists are the war’s in Africa and the use of child soldiers in it‚ the founders of Warchild wanted to help them‚ and they wanted to do that on a big scale so therefore Warchild was founded. The products and services of Warchild are being supplied below cost (for free mostly‚ since the (ex-)child
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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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388937544450Unit 1- The business environment Assignment 1: Business structure and its stakeholders P1‚ P2‚ M1‚ D1 24/10/2014 00Unit 1- The business environment Assignment 1: Business structure and its stakeholders P1‚ P2‚ M1‚ D1 24/10/2014 3213100276415500 Task 1: Compile two tables one for each type of business and discuss their purpose and ownership of each of two contrasting businesses. Type of Business Matalan started off as a local business in Preston‚ it then became national
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social factors are impacting upon the business activities of Wal-Mart and Tfl. For businesses‚ this is important because they need to know how these change such as political decisions made by the government or changes to the law or changes that take place in society over time is going to affect their business. Political Factors Political factors is an external environment in which a business functions. This is a type of external constraint for a business and are related to actions of governments
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What is meant by human resources? The department or support systems responsible for personnel sourcing and hiring‚ applicant tracking‚ skills development and tracking‚ benefits administration and compliance with associated government regulations. http://www.entrepreneur.com/encyclopedia/human-resources What is a job description? A broad‚ general‚ and written statement of a specific job‚ based on the findings of a job analysis. It generally includes duties‚ purpose‚ responsibilities‚ scope‚ and working
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stakeholders exert in the organisation. Introduction Each stakeholder is important to the business‚ however‚ some are more important than others. I have chosen the top three that I think are the most important and in this word document‚ I will evaluate how these stakeholders influence the NHS and McDonalds. McDonalds Owners The owners are very important in McDonalds‚ because they’re the people that invest in the business and make sure that it runs smoothly to be able to give a good service and provide
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Managing Resources Within this work I am going to explain why business needs to manage their resources when controlling a budget. People One aspect where managing resources will need to be used is for employees and staff as they will need to be able to do the job correctly and to customer satisfaction. For example they will need skills and qualities‚ which will be needed within the job that they are currently doing. This is because they will need to perform the job to the best of their ability
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