Task 1.2 What is a stake holder in a business? A stake holder in a business is somebody that can affect or be affected by the actions of the business. Businesses have several stake holders each. Anybody associated with a business can be a stakeholder of that business in some way. Who are the stake holders at Morrisons PLC? External Stakeholders- The customers- The customers of Morrisons PLC are a big stakeholder in the company. It is because of the customers that the business is able to function
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Unit 1-P1 Business Ownership. There are several different types of business ownership which are most commonly used in business’ and company’s today‚ these include; Co-operative which is a business owned by its employees‚ Partnership which is a business owned by between 2 and 20 people‚ Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a
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SOCIAL LEARNING‚ P1 Social learning theory posits that knowledge acquisition is a cognitive process that takes place in a social context and can occur purely through observation or direct instruction‚ even in the absence of motor reproduction or direct reinforcement. In addition to the observation of behaviour‚ learning also occurs through the observation of rewards and punishments‚ a process known as of vicarious reinforcement. Role Model Theory Social learning theory states that people learn
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Shell is a multinational oil and gas company with around 87.000 employees in more than 70 countries. It is one of the world’s most valuable companies. Shell was started by Marcus Samuel back in 1833‚ he was a shopkeeper in London. In 1907 they merged with The Royal Dutch Petroleum Company. 1.1.1&1.1.2 Having a lot of offices/petrol stations all around the world makes them a global business and it’s a private business because it’s not owned by the government. Their goal is to make more money
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Unit 1 - The Information Age Contents Introduction 1. Introduce yourself… My name is… A student at…‚ who is studying… 2. Purpose of this unit The purpose of this unit is to produce an Eportfolio (eBook / ePresentation) what will be used for a time capsule. The intensions is to educate and provide an insight to a generation (audience) 100 years from now‚ about what ICT technologies were available and how they were utilised… 3. Technologies currently used and what is the purpose
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features included. The only strange thing on the website‚ which sometimes can confuse is the Service List – on some pages it appears on the left hand and on others on the right. The company works with native speakers who do have an appropriate academic level‚ however‚ as reported by its customers there are few cons you should know about. They don’t have a well-established connection between support and writing team‚ and unfortunately‚ don’t have an editorial team which QAs all the papers passed to the
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Marketing Techniques P1 & M1 1. Examine the marketing techniques below‚ explain how each of the businesses utilise these marketing techniques to market their products (look at news articles for both businesses) |Marketing Techniques |Business1:Coca-Cola |Business2:Mc Donald’s | | | | | |Growth Strategies
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P1 I am going to identify and explain six potential hazards within a health or social care setting and discuss the health‚ safety and security risks to the service users arising from the hazards I identify. A hazard is something that could cause harm and a risk is the chance‚ high or low that someone could be harmed by that hazard. A health risk is a risk leading to an illness‚ a safety risk is a risk leading to a personal injury or damage to equipment and buildings and a security risk is a risk
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Unit 3: Introduction to Marketing P3 Describe how your selected organisation or any other organisation uses market research to contribute to its development plans. My selected organisation is McDonalds; I am going to talk about the organisation uses types of market research they do to contribute to its development plans. * Primary research * Secondary * Qualitative research * Quantitative research The reasons that the organisation needs to do market research because
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P1- Describe the role internet marketing has within a modern marketing context Introduction: In this report that I am preparing for my boss Mr Adam Croft describing what is marketing and include where I have got this definition from. After I will include a definition for internet marketing and reference this and also how these benefit to customers what role they play within the modern marketing environment. Also I will introduce two contrasting businesses and describe how they are using internet
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