P1 The Tussauds This group is a now part of a Merlin Entertainments. It is also the world’s 2nd biggest leisure group; it is second because of Disney. This group is based in Poole‚ Dorset‚ from this it manages a lot of brands and also more than 50 attractions‚ some of the attractions are: * The Madame Tussauds (The Tussauds Group is now part of Merlin Entertainments) * Legoland Parks * Sealife Centres * Gardaland in Italy * The Dungeons and the London Eye
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money. This will allow you to evaluate your performance to your competition. However‚ it is important to do this with similar sized companies otherwise the financial data would be irrelevant. Purpose of information https://prezi.com/nlqn649heqmt/unit-3-operational-support/ Businesses use information for different reasons to make the business perform better. I am going to explain how the business use it for operational support‚ monitoring and improving performance‚ identifying trends‚ decision making
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Unit 1- Business Environment Task: P1 Range of different businesses and their ownership You work as a junior researcher for a business magazine and you have been asked to prepare background material for a reporter. The reporter wants you to carry out Investigation into 2 contrasting businesses- one in private sector and the one in public sector or in voluntary sector like charity. You need to write a report covering all your investigation. Note: The private sector company must be a large supermarket
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Unit 7 P1 Direct costs A cost that can be directly related to producing specific goods or performing a specific service. For example‚ the wages of an employee engaged in producing a product can be attributed directly to the cost of manufacturing that product. Variable costs Variable costs means the cost of production (cost of labour‚ material or overhead) that change according to the change in the volume of production units. Combined with fixed costs‚ variable costs make up the total cost of
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P1 - To identify the differences between start up‚ operating costs‚ variable costs‚ and fixed costs. Managing Business Expenses In this leaflet I will be elaborating on the terms start-up costs and operating costs. I will provide examples for both cases and show the comparison between the two .Having done that I will also provide‚ in detail‚ definitions for both variable costs and fixed costs. Both accompanied by examples. Start-up Costs: Start-up costs are incurred before a business operates
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Marketing Definition of marketing: The simple definition of marketing is the selling and promoting services or products. Marketing is also defined as meeting the customers’ needs. Effective marketing is based on a number of things for example; the product must reflect lifestyle to suit the customer’s needs; must have some sort of special features to create interest in order for the product to sell; must be a quality product; be affordable and value for money to be successful on the market.
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Unit 3- introduction to marketing In this report I will be choosing two different organisations and discuss the sector that they operate their business objectives. I will also be giving a brief introduction to the marketing techniques and discuss how these are used to market their products. There are three different business sectors. These are private‚ public and voluntary. A private sector is where the company work for profits from their organisation. A public sector is where they give out a service
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Unit 4 – P1 – explain different types of business information‚ their sources and purposes Verbal Communication Speaking verbal to someone is speaking out loud. This includes talking face to face‚ in a meeting or in an interview. The advantages of verbal communication are it is a fast way to reach information but this information can be easily forgotten. Another advantage is that speech is direct and straight to the point. Another advantage is that if you ask a question you get answer straight
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Unit 1 Business Environment; Task P1 In this assignment I will describe the type of business‚ purpose and ownership of two contrasting organisations. My two chosen contrasting businesses are ASDA and Oxfam. ASDA is a British supermarket chain which retails food‚ clothing by George‚ toys ‚ car wash and general merchandise such as electrical products and cooking appliances. ASDA also have branched out into telecommunications with a mobile network called ASDA mobile. ASDA is Wal-Mart’s largest
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P1: explain potential hazards and the harm that may arise from each in a health or social care setting. To achieve P1 you need to explore the hazards that might arise in a health and social care setting. The focus is on explaining hazards that may arise for a specific service user group (elderly‚ young children‚ young adults with learning difficulties) when providing services for that particular group. It is a good idea to base P1 on a particular setting‚ the setting that you plan to carry
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