M1 – Contrast the ownership and purpose of two different business organisations. John Lewis Zebs Type of ownership John Lewis Partnership’s seven principles define how we run our business. They are as relevant today as they were when they were set out by our founder‚ John Spedan Lewis‚ in our constitution. Zebs is owned by one person which is called a sole trader as they run the business by themselves and don’t count on other people Purpose The Partnership’s ultimate purpose is the
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whole. It is essentially a way of organising and involving the whole organisation‚ every department‚ every activity and every single person at every level. TQM ensures that the management adopts a strategic overview of the quality and focuses on prevention rather than inspection. Objectives of TQM o Meeting the customer’s requirements is the primary objective and the key to organisational survival and growth. o The second objective of TQM is continuous improvement of quality. The management should
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feedback with its stakeholders‚ makes timely disclosure of relevant and reliable information on financial performance‚ besides sharing information about its new products and services. The trust that the stakeholders place in Dabur is their key to success. They constantly strive to improve operational efficiency‚ deliver value to the stakeholders and build capabilities and capacities to foster growth in the long term‚ without losing sight of core values. Being accountable to the stakeholders is a key part
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A Perilous Disease - Swine Flu You might have heard a lot about Swine flu in the past few years but have you ever thought how dangerous this disease can be for you or for your family members? In the last four-five years‚ hospitals have gone through maximum swine flu cases out of which 90% were non-curable. If we keenly observe these cases‚ most of them were not even aware about this disease and its precautions. What is Swine Flu and how it is caused? What is Swine flu? This question
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see you and the board more clearly‚ don’t be afraid to ask what an object looks like as this will help you to understand how much they can see. Someone who does not speak English well‚ you will need to speak slowly‚ may need to re-explain using different words may need a translation or use visual
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Aims and Objectives Every business has aims that they wish to achieve‚ they might be overall goals and purposes that the business was set up to fulfil. Aims can therefore be seen as not only long term‚ but in some cases‚ almost impossible to reach‚ Heinz aims for its tomato sauce to be the world’s favourite ketchup‚ on every table’ (every table; total Customer satisfaction). But this doesn’t the organisation from trying to reach the aim‚ and from always working towards it. Typical aims
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COMMUNICATION IN AN ORGANIZATION INTRODUCTION Humans communicate all the time‚ and most of the time we do it as a matter of course‚ without thinking about it. We can define it in the following way:- “Communication is one of the basic functions of management in any organization and its importance can hardly be overemphasized. It is a process of transmitting information‚ ideas‚ thoughts‚ opinions and plans between various parts of an organization.” Communication is the process of conveying
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Organisations and Behaviour Awarded By Edexcel Name: Zsolt Vida Student ID: 101345 Tutor: Sean Barrett Task: 2 Contents 3.a AN ORGANISATION IN PERIOD OF CHANGE. 3 3.b THEORIES OF MOTIVATION 4 MASLOW’S THEORY: 4 APPLICATION TO THE WORK SITUATION. 5 ALDERFER’S MODIFIED NEED HIERARCHY MODEL. 5 APPLICATION TO THE WORK SITUATION. 5 3.c IMPLICATIONS THESE THEORIES OF MOTIVATION HAVE FOR MANAGERS. 6 4.a IMPORTANCE AND INFLUENCE OF GROUP VALUES AND NORMS WITHIN AN
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First Element: Stakeholder Categories Identifying all stakeholders is the midlevel leader’s first mission. Stakeholders include everyone who will need to contribute to the project or who could be affected by the project. This requires looking across all directions of the internal organization‚ as well as outside (customers‚ clients‚ vendors‚ contractors‚ media‚ etc.) Those stakeholders are then categorized into four distinct groups: Superordinate‚ Subordinate‚ Customers‚ and Complementors/Blockers
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A new manager is starting in the organisation shortly. You have been asked to provide a written briefing note for this new-starter so that they can gain some understanding of the organisation in preparation for their start. Manager’s Briefing Note A list of what the organisation produces or the services that it offers to its customers: Nova Training provides high quality Education‚ Training & Apprenticeships opportunities. Our Apprenticeships and Study Programme is delivered from one of
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