P5 In this publication‚ I will be speaking about how different businesses have experienced financial boom and recession. The two businesses I will speak about are: Marks and Spencer’s and Primark. I feel that these two businesses will provide so much information about their experiences of booms and recessions. Marks and Spencer’s was founded in the year of 1884 by Sir Michael Marks and Thomas Spencer in Leeds. Since founding this worldwide organisation‚ they have had over 1010 stores open and fully
Premium Retailing
P5 – Profit & Loss and Balance Sheet Profit and Loss Sheet: | |£ |£ | |Sales: | |80‚000 | | | | | |Less Cost of Sales: | | | |Opening stock |32‚000 | | |Purchases |6‚000 | | |Less Closing stock
Premium Generally Accepted Accounting Principles Balance sheet Inventory
P5 - Describe the influence of two contrasting economic environments on business activities within a selected organisation We are going to investigate the way in which the economic climate has affected Sub Xpress (based in the UK) and BMW (based in Germany). Introduce the two businesses. Inflation Define inflation You need to describe the current inflation rate in the UK. Include a graph. Explain what this means to Sub Xpress Think costs to the business Think prices to the customers
Premium Inflation United Kingdom International trade
Unit 3: P5 - Explain how and why groups of customers are targeted for selected products. When targeting a group of customers a business needs to choose an appropriate type of segmentation method. There are 5 types of segmentation that a business can use to target their customers. Demographical: taking a certain segment of the population and grouping them according to categories such as age‚ gender‚ income‚ occupation and so on. Psychographic: when a certain segment of the population is taken and
Premium Marketing Marketing research Psychographic
Supporting individuals to express their needs and preferences: Promoting individual’s rights‚ choices and well-being: By providing the patients with things that they prefer or links with their beliefs such as Halal food‚ Sunday church visits etc. all expresses the fact that their needs have been considered and are being met it also shows a sense of respect. Supporting individuals to express their needs and preferences: Promoting individual’s rights‚ choices and well-being: By providing the
Free Culture
For P5‚ learners must describe the processes to be followed when clearing and vacating the event. They must include how the event evaluation should be co- ordinated‚ the preparation and circulation of materials‚ and any budgetary reconciliation. Evidence can be in the form of a report or presentation. When the event organiser books the venue for an event‚ the company that is supplying the venue to you will set you a time in which people must start attending to the venue and a time in which people
Premium Budget
Unit 19 P5 Team name: Team four (Sean‚ Danny‚ Charlotte‚ Dillon.) Team Leader: Sean Market research/ how we decided on product prices and promotion Product At the start of the project we all had a meeting together to discuss what would be the most suitable and the most popular products to sell within the college. We wrote down all the possibilities such as fizzy drinks‚ raffle tickets‚ cakes etc. In the end we decided we wanted to do something with sweets‚ as there are many vending machines in
Premium Sales Marketing Price
P5 – Roles and responsibilities of the team in preventing infection. Director The key role of a director is to manage the infection policies and making sure all of the staff have one and understand it to the full extent. The director must know what to do if an outbreak happens. Reports of any outbreak must be made‚ no matter how small. The director must have plans of what to do if an outbreak occurs and needs to make sure that all staff know what they are doing. The director must also protect
Premium Hospital Hand sanitizer Infectious disease
Sly Ferreira P5 Explain the competitive pressures on selected contrasting business organisations to develop their use of e-business. In this assignment I will be explaining the competitive pressures that have faced two contrasting organisations which are Amazon and Refuge. Amazon and Refuge Amazon is a public organisation that is owned and controlled by the government. They aim to provide public services. Amazon is an organisation that provides customers with products and services from the internet
Premium Marketing Management Competition
Lesson 1 (5.0 points) 1. What is scarcity? (1.0 points) Scarcity is the condition of people having unlimited wants but living in a world with limited resources. 2. What is an economy? (1.0 points) An economy is a system of trade. Trade is the exchange of things of value. 3. What is a commodity? (1.0 points) A commodity is something of value that can be bought‚ sold‚ or traded‚ such as a book‚ a car‚ or tutoring lessons. 4. What is a producer? (0.5 points) A producer is
Premium Supply and demand