Task 1 (P1‚ P2‚ P3): P2‚ P3: To start a business we need to figure out what is going to be our mission statement‚ the mission statement is the main purpose of a business. For example‚ you and your friend decided set up a business. Whatever the business is you need to have a purpose of it‚ otherwise it’s not going to be beneficial or it will be difficult to run this business. If the business is based on selling bikes than purpose or the mission statement would be to sell the product with good profit
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going through the multiple advertisements they place repeatedly in magazines‚ boasting about the quality of service they provide. It left me wondering what is so especial about these hotels‚ that is different from the so many others‚ what keeps employees so motivated that they go beyond their call of duty to provide services to the customers. With this in mind I wanted to examine why employee motivation is such a critical factor for the success of the hospitality industry. What are these motivational
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characteristics of changing external environments • Environmental change is the rate at which a company’s general and specific environments change. If the environment is stable‚ this means that the rate of change is slow; if the environment is dynamic‚ this means that the rate of change is fast. • Environmental complexity is the number of external factors in the environment that affect organizations. Complex environments have many environmental factors; simple environments have few. • Resource Scarcity
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Opportunities and constraints in the business environment Opportunities in the business environment are those factors that provide possibilities for a business to expand so as to make more sales and profits. Constraints are those factors that limit the ability to grow‚ and reduce sales and profit potential. A useful way of assessing opportunities and constraints is to carry out what is known as a SWOT analysis. Strengths and weaknesses are internal to an organisation. Typically they relate to the
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Unit 38: Unit code: QCF Level 3: Credit value: Business and the Economic Environment T/502/5500 BTEC National 10 Guided learning hours: 60 Aim and purpose The aim of this unit is to introduce learners to the interaction between the general economic environment and business activity and how the interactions generate national wellbeing. Learners will study how government activities regulate and influence business activities and how business activities influence government action and policy
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Ryan Hopkins 9/14/09 The Effects of Conflict in Business In every realm of society‚ conflict is present. From time to time‚ people have disagreements among family members and friends and often co-workers can create problematic issues of arguing and bickering over areas of passionate disagreement. Whether the topic is one of importance that must discussed for the overall good of the company‚ or even a petty squabble that two co-workers may have because of small annoyances or irrelevant frustrations
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Effect of Systems on Business Identify five different IT systems that have affected business in the past few years. For each system‚ briefly note the following: · A name for the system · The area of business it affects · What changes the system brought to the business world · What business processes changed because of the system · Likely future effect of the system Four current technology trends that offer valuable business opportunities are social‚ mobile‚ cloud‚ and data analytics. These ITs are
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and Procedures: Protecting the Bottom Line and Employees Alicia Murphy Effective Persuasive Writing Professor Ryder May 7‚ 2006 Employers’ Policies and Procedures: Protecting the Bottom Line and Employees During all stages of employment‚ employees often feel that the policies and procedures implemented by employers are invasive and unfair. In truth‚ employers have more legal rights than employees‚ or prospective employees when it comes to the implementation of policies
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Three point light set up is a studio light set up. It is common in videos and documentaries because it keeps everything lit. The left light is the key light because it is the brightest one. It is on a 45 degree angle to the face. On the other side in another 45 degree angle is the fill light. It helps fill the shadows that the key light cast. The fill light has a lower light than the key light. The third light is the backlight. It is used to get rid of shadows in the background. It can be placed
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Ethical Theories in Business Environment Patriot Rustani Kaplan University Ethical Theories in Business Environment The Energy Corporation is a non-profit organization dedicated to providing to the community. Our organization is made of 400‚000 members as I am a part of the board of directors. One of the directors has asked to address himself as a director of the Energy Corporation to personal potential clients. I have been asked to review this matter. Before giving the rest
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