The purpose of business activities(prepared by Lincoln Henry) Business is the production of goods or provision of service with the aim of making a profit. Production – is the process of transferring raw materials into semi – finish of finish goods. Provision – making something available. Good – is a tangible item that one can see‚ touch and that is portable. Service – is intangible‚ it is something that one can experience and enjoy. Profit – profit is cost of production minus sales
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MANAGEMENT PRINCIPLES & OPERATIONS CONTEXTS BUSINESS ACTIVITY INDIVIDUAL ASSIGNMENT SUBMITTED BY: - SUBMITTED TO:- ANIL BISHT Prof. (Dr.) T. Muthukumar PTM1001014 Module Lecturer Business Activity:- The Functions and Purpose of Businesses - A Business Success? eBay was founded in 1995 by Pierre Omidyar. In just ten years eBay has grown into one
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The UK’S former Prime Minister Margaret Thatcher was famous for her TINA acronym and Gordon Brown the current PM encourages UK global trading by welcoming even more foreign investors. So‚ whether in the newspaper articles‚ politician speeches‚ or business leader press conferences the G-word appears to be the most important issue in contemporary society. Many see the recent increase in cross border transaction as the new defining element of globalization. However‚ this has not been a new development
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International Business studies | Unit 1: Exploring Business Activity | M1‚ M2 and M3 | | Tristan Dik – IBS3B | 3/27/2011 | M1: Explain the points of view from different stakeholders seeking to influence the strategic aims and objectives of two contrasting organisations. M2: Compare factors which influence the development of the internal structures and functional activities of two contrasting organisations. M3: Analyse how external factors have impacted on the two contrasting organisations
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178 OXFAM BRIEFING PAPER 20 JANUARY 2014 Housing for the wealthier middle classes rises above the insecure housing of a slum community in Lucknow‚ India. Photo: Tom Pietrasik/Oxfam WORKING FOR THE FEW Political capture and economic inequality Economic inequality is rapidly increasing in the majority of countries. The wealth of the world is divided in two: almost half going to the richest one percent; the other half to the remaining 99 percent. The World Economic Forum has identified
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Activity 1: investigate what a business is and what businesses do. Introduction: My Businesses. I was asked to choose two businesses which one has to be local and the other has to be national. For this I have chosen Tesco and Sandwiches by Sue as my businesses because I can easily research about them as family and family friends work in both of the businesses‚ which means my research will be more accurate. I have also chosen them as they both have a store near to me (Tilbury Essex). I have had
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You are invited to complete a business plan activity. The business plan is designed to help you communicate what your business will look like as you start and what your goals are for the future. Please review the instructions below. Business Plan Business Plan 1. Provide complete answers to each question. Be specific in your responses. 2. You are expected to utilize any research you have done or knowledge about the business to describe your plan. 3. Be sure to describe your rationale for crucial
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OXFAM Kenilworth (F2313) Diversity Plan According to the 2001 census Kenilworth has a population of just over 30‚000 people‚ of which forty nine per cent were male and fifty one per cent female. Ninety seven per cent of the population is white with no other ethnic group registering above 0.7%. Over three quarters of the residents class themselves Christian followed by “no religion”. Job prospects in the area are good with very low levels of unemployment and the town boasts one of the highest
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Functional areas in Tesco and Oxfam 1. Introduction In this report I am going to compare functional areas of two contrasting organisations Tesco and Oxfam. Tesco is aiming at achieving profit‚ investing and offerring services and products to customers.Oxfam is a non-profit organisation‚ helping people in crisis. Tesco is a British multinational grocery and general merchandise retailer‚ it has stores in 14 countries across Asia‚ Europe and North America and is the grocery market leader in UK‚ where
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Thomas Dervish Business Environment Unit 1 M1 And D1 Assignment Brief: Add a further section to your article that provides an in depth explanation covering the points of view of the different stakeholders and provide a clear link between these points of view and the aims of the two organisations. For each stakeholder you have identified‚ explain how much influence they have on the aims and objectives of the two organisations. Assignment Brief: Evaluate the influence different stakeholders
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