Assignment 1 – P1 Introduction In this task I will be defining marketing and market research‚ I will also talk about products from two organisations. The two organization am going to talk about is JD sports and Sony. Trainers from JD sports and PS3 from Sony are the two products. Marketing and market research Marketing is the process to sell a product to customers for the purpose of selling is to make profit‚ it is also putting the right product in the right place‚ at the right price and
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restaurants here in Cebu. They offered different cuisines here simply because of the foreign visitors. But little did they know that even Cebuanos now were somehow enjoying some of the cuisines being offered to a limited chain of restaurants here. The big question is‚ what certain cuisine really suits to Cebuano’s taste? What could they do in order to also satisfy the needs and wants not just the foreign visitors but also the Cebuanos when it comes to different cuisines? The researchers believed that
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L3 90 Credit Diploma in Business Unit 1 – The Business Environment Assignment Learning Outcomes – on completion of this unit you should; 1. Know the range of different businesses and their ownership 2. Understand how businesses are organised to achieve their purpose 3. Know the impact of the economic environment on businesses 4. Know how political‚ legal and social factors impact on business Task 1 – Submission Date 27/09/2012 You are working as a business journalist for the Express
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P4 I will plan a risk assessment for a selected administrative work environment. Risk assessment is used in protecting workers and organisations like Tesco‚ to help them comply with the law of the state. It helps business owners to focus on the risks that really matter in the workplace; with ones that could cause potential harm. It is important to manage risks to ensure the most valuable asset is protected. Format There is no specific format in which a risk assessment has to be done in a workplace
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2.0 The Different Types of Business Activity By the end of this chapter‚ you should be able to: • Classify entities into primary‚ secondary and tertiary sectors • Explain features of public and private business • Understand the different forms of merger and take-over • Compare methods that measures the size of a business Levels of Economic Activity Stage Business Involved Primary Woodcutter Secondary Furniture Makers Tertiary Retailer Example – Stages in the production and sale
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c) Write aims and objectives for a selected business (P3) • Describe what is meant by SMART objectives. An objective that follows SMART is more likely to succeed because it is clear (specific) so you know exactly what needs to be achieved. You can tell when it has been achieved (measurable) because you have a way to measure completion. A SMART objective is likely to happen because it is an event that is achievable. Before setting a SMART objective relevant factors such as resources and time were
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U12 M2 – Analyse the marketing opportunities and challenges faced by a selected business when using Internet marketing In this task I will analyse the marketing opportunities and challenges Apple faces by using internet marketing. Over the years‚ Apple has gained many benefits from internet marketing. Due to the internet’s high popularity‚ internet marketing has allowed Apple to promote their products effectively and efficiently which allows the company to create relationships with customers
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Economic Terms Definition Recession A significant decline in activity across the economy‚ lasting longer than a few months Trough The stage of the economy’s business cycle that marks the end of a period of declining business activity and the transition to expansion. Boom A period of time during which sales of a product or business activity increases very rapidly. Recovery A period of increasing business activity signalling the end of a recession. GDP The monetary value of all the finished
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Evaluate how successful a selected business organisation has been in preparing for the growing use of e-business. In this report the business I have chosen to evaluate is Tesco’s. Tesco’s is one of the largest supermarket stores around the world; it has 330‚000 staff working in 3‚146 stores‚ there are stores located in China‚ Turkey and Japan. Research shows that they have stores in 9 other different countries and 27 million people outside of the UK own their own club card to receive offers and
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5.1.2 Performance Optimization of Different Subsystem in Selected Industries The failure and repair parameters of each subsystem highly influence the performance of various subsystems/components of industries. In the present work‚ G.A. is proposed to synchronize the failure and repair parameters of all subsystems for achieving optimal availability. To use G.A. for solving the given problems‚ the chromosomes are to be coded in real structures. The system parameters are mapped in between the specific
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