CU746 Communicate in a Business Environment 1 Understand the purpose of communication 1.1 Explain the benefits of knowing the purpose of communication The purpose of communication is for you to send your information effectively to whoever you want to communicate with. It links people together and strengthens relationships. The benefits of this are that it allows individuals and groups to understand each other and express their feelings and thoughts. It also creates feelings against others
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| |BTEC Higher National Diploma in Business | |Unit Title: Business Environment | Rules and regulations: |Plagiarism is presenting somebody else’s work as your own. It includes: copying information directly from the Web or books without | |referencing
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geography etc. 3 3. Economy 4 4. Political System 5 5. Legal and regulatory environment 6 6. Socio-cultural environment 6 7. Availability of resources 7 8. Concern for Ethics and social Responsibility 7 9. Conclusion
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international company. Therefore PepsiCo believe that Nooyi have the ability to help them achieving their corporate goal. Besides that‚ PepsiCo also designed their own organizational structure by using three strategy business units of PepsiCo Americas Foods‚ PepsiCo America Beverages and PepsiCo International to manage their global business by their product categories and geographical locations. These organization structure help PepsiCo to ensure that the information flow within the organizational in
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Unit 1 Global Business Environment Structure 1. Introduction 2. Meaning of Globalisation 1.3 Driving Forces of Globalisation 1.4 Dimensions of Globalisation 1.5 Stages of Globalisation 1.6 Introduction to Theories of International Trade 1.6.1 Absolute Advantage Theory 1.6.2 Comparative Cost Advantage Theory by David Ricardo 1.6.3 Factor Endowment Theory (Heckscher-Ohlin Thesis) 1.7 Trading Environment of International Trade 1.7.1 Tariff and Non-tariff Barriers 1.7.2 Trade Blocs
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influence by the economic environment The business environment consists of different influences that are outside of a business from political‚ social and legal changes. These influences can change for the better or for the worst for the business economic factors. The economic environment consist of many individuals who make decisions that buy and sell goods‚ borrow and lend money‚ raises taxes and change interest rates. Consumers are who purchases the goods for their own personal interests‚ suppliers
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1. Perform a STEEP analysis to understand the general environment facing Great Lakes. How will Great Lakes be affected by external factors? 2. Use Porter’s Five Forces Model to analyze the lead additives industry in the US. Given this analysis‚ is the industry attractive or unattractive? 3. Using the 3I’s framework determine Great Lakes’ immediate‚ impending and invisible competitors. How does Great Lakes measure up against these competitors? 4. What are the main capabilities
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The Business Environment and the AIS An AIS does not exist in a vacuum; rather it is an integral part of the firm it serves. The AIS has close relationship with the organization of the firm and its physical operations or process. The firm itself is a system with its own environment. Many of the business and accounting events that are captured and processed by the AIS arise within the environment of the business firm. There are three subsystem of the firm: organizational‚ operational and information
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Business Revision Topic 1 – Business Organisation and Environment * What is business activity? Inputs – Land‚ Labour‚ Capital & Enterprise Outputs – Goods or Service & Waste. Processes – Research and development‚ Production‚ Marketing‚ Finance‚ Administration‚ Human Resources. * Functions * Production – the changing of natural resources into a product or service. * Marketing – IT is to do with identifying consumer needs and pleasing them. Eg: Pricing‚ advertising
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Business environment of CRM When a person or an organization entrusts with their investment or any kind of input then they are a “CUSTOMER”. Also the individual or the organization is customer of some individual or an organization. Now managing the relationship between these two parties is known as customer relationship management. Few examples to state would be: Tourist and government People and government Consumer and corporate The business environment affecting these two parties is of importance
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