ASSESSMENT COVER SHEET Unit Number and TitleAssessment TitleCourse TitleAssessment Code | Unit1 Business EnvironmentUnderstanding the Business EnvironmentHND Business HNDBUSCoreUnit1/Jan2013/ | Hand Out Date | 1st March 2013 | Hand In Date | 11th May 2013 | Lecturer(s) | GidraphMichikuAnujaPrasharVijay ShahDaniel RukareDhanChooramunJane EvansAdrian GauciMohit PunMichael Evans SohailChoudhurySalman Khalid | Internal Verifier | Jonathan Cartmell | Sources of information | 1. Course notes
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Business Environment Introduction All businesses operate in a always changing‚ growing and in some ways unique environment. In order for a business to operate successfully in its environment‚ business need to adapt after the environment. It can mean that business have to respond to changing market conditions which affect the demend for the their products‚ how the competitors behave or the change in government policy. The business environment can be
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The complex situations are the most unfair‚ and for me‚ my complex situation is my identity as a young mixed race woman. It is the “not white enough to be white and not enough black to be black” aphorism that has shadowed my life and has caused inner conflict and unrest within myself. The only people I have been able to share the conflict with were my own sisters who were engaged in similar battles of their own with race. We never spoke about race. We didn’t bring it up at family engagements or talk
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CHAPTER 1: GLOBAL BUSINESS ENVIROMENT Quick Study 1 (p. 34) 1. Q: Define the term international business‚ and explain how it affects each of us. A: International business is any commercial transaction that crosses the borders of two or more nations. International business involves each of us every day. We consume goods that originate outside our borders or that contain components made abroad. We also consume services‚ such as a news broadcast or music entertainment‚ that are sent to us from
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Explain the meaning of the term ‘social policy’ and discuss how social policy is applied in practice‚ drawing upon the major milestones in the development of the British welfare state. For the purpose of this assignment I intend to discuss in great detail social policy and how it is applied in practice‚ using examples from mainly voluntary sectors. I will also discuss the introduction of the Beverage report in 1948 and Margaret Thatcher’s move to the new right approach in 1979 in regards to being
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Question 1 When classifying revolutionary movements of the 20th century it is often customary to try and label the conflict either Left Wing or Right Wing. However‚ in the cases of Sun Yat-sen and Mao Zedong‚ neither Left nor Right Wing seems an appropriate label for what their revolutions contained for China. The difference between democratic and anti-democratic is more fitting for the two Chinese revolutionaries. Both Sun and Mao advocated different methods of development to achieve the
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SUMMARY There are many differences between business organisations‚ beginning with the purpose and goals of an organisation. Business organisations belong to various different categories including the private‚ public and non-profit sectors. This assignment will discuss a business organisation from each of those sectors‚ outlining the purpose‚ objectives‚ and stakeholders of each. It will also discuss the different ways that global factors and market structures can impact each of those companies
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TASK 1 Using working example or the case the study indentify the purposes of different types of organisation. What is an Organisation An organisation is: ’a social arrangement which pursues collective goals‚ which controls its own Performance and which has a boundary separating it from its environment’. * Here are some examples of organisations. * A multinational car manufacturer (e.g. Ford) * A local authority * An accountancy firm (e.g. Ernst and Young) * A trade union
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# 2010 University of South Africa All rights reserved Printed and published by the University of South Africa Muckleneuk‚ Pretoria MNB1501/1/2011±2013 98629158 3B2 MNB Style Contents INTRODUCTION iv TOPIC 1: INTRODUCTION TO BUSINESS MANAGEMENT 1 STUDY UNIT 1: THE BUSINESS WORLD AND BUSINESS MANAGEMENT 2 STUDY UNIT 2: ENTREPRENEURSHIP 14 STUDY UNIT 3: ESTABLISHING A BUSINESS 30 STUDY UNIT 4: THE BUSINESS ENVIRONMENT 43 STUDY UNIT 5:
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1. What is the ‘economic problem’? The fundamental economic problem is related to the issue of scarcity. Scarcity means that resources are limited and short in supply in the world (e.g. diamond). Because of limited resources and unlimited demands‚ society needs to decide how much to produce and distribute these relatively scarce resources. The basic economic problem can be define as what to produce‚ how much to produce and for whom to produce. Some countries are lucky to have great natural resources
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