P1 M1 describe types of market research Market research is the method of gathering and analyzing information about customers‚ competitors and the market. Market research is used when companies want to focus on things like market trends‚ customer habits and lifestyle‚ what price customers will pay for a product and what competition exists. This type of research assists companies build an idea on how competitive the market is also business owners can price their products efficiently with the understanding
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BTEC National Business Environment Unit 1 Task no 3 M1 Explain the Points of View of Different Stakeholders Seeking to Influence the Aims and Objectives of Two Contrasting Companies. Muslim Aid Aims of the Organisation Muslim Aid’s aims are to prevent poverty from maximizing and also to help raise money to those in need of it. Employees Muslim Aid is a charity organisation which is run by fundraisers. There are many stakeholders. One of them is the donors which donate to Muslim Aid’s charity
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Research paper On NEW ERA MARKETING: ENGAGING BUSINESSES Written by : Prof. Shikha Ajmera Associate Professor‚ Taxila Business School Email id : shiks_a@yahoo.com Contact No : 09351528049 New Era Marketing : Engaging Businesses Abstract Marketing; the lifeline of businesses truly gives zest to the corporates and makes a striking difference to the brand and its equity. The ethos of marketing keeps changing with the times. As the customer becomes more knowledgeable‚ the customer
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Reproduction Businesses of Thomas Kinkade’s painting When I read the article by Susan Orlean‚ I am very aware of the big business Thomas Kinkade is trying to create by reproducing his original paintings mechanically using digital technique‚ but I have also carefully examined whether this article which discusses about the reproduction of his art works has a correlation with Walter Benjamin’s essay "The Work of Art in the Age of Mechanical Reproduction". A certain emotion or an "aura" is said
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P1 Business 1‚ Mokiem Koeriersbedrijf: ‘Mokiem Koeriersbedrijf ‘ is a national business. Their purpose is getting lots of orders from businesses around the country so that they can make a high profit. ‘Mokiem Koeriersbedrijf’ is a courier company. The business is located in the private sector. An individual owns it and one of their biggest objectives is making the highest profit. Business 2‚ Thorbecke Scholengemeenschap: ‘Thorbecke Scholengemeenschap’ is a school. ‘Thorbecke Scholengemeenschap’
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Contrasting Apollo & Dionysus In Greek mythology‚ Apollo and Dionysus are nearly opposites of one another‚ and as with many opposites‚ life would not operate just quite right without both of them. They each played a specific role for the Greeks. They had very different things associated with them. Apollo was often associated with logic and the power of the mind. He was basically in charge of the Work section of the people. Logic is something the Greeks used often‚ and when they didn’t‚ things
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Question 2; “All countries in the EU should join the single currency‚ all of them. A single currency would really allow businesses to prosper”. The European Union more commonly known as the EU‚ is known formally as the European Economic and Monetary Union. The EU establishes a common market among its 28 member countries which means that all border controls between members have been eliminated‚ allowing the free flow of goods and people. Public contracts are open to bidders from any member country
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P1/M1 Explain how individual rights should be respected in a supportive relationship Every individual have rights and for them to have the best care they should be able to practice their rights as long as it doesn’t affect others around them or put themselves in danger. To have a supportive relationship with someone you would have to respect and value them and allow them to exercise their rights. One of the key principles in caring for a people is to develop a supportive relationship by helping
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In this part of assignment‚ I will be explaining the issues a business would need to consider to go online. I have chosen a business called Hot-wishes which my colleges and I are going to do in about 5 month’s time. If this business decided to go online‚ it would need to consider these issues: 1. Planning issues: Suitability of the business for an online operation – Deciding‚ whether it is a good idea to operate our small business online. ‘Hot-wishes’ would decide to go for it as we could
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Two businesses on our doorstep NHS Describe the types of business‚ purpose and ownership of two contrasting businesses The National Health Service (NHS) is an organisation in the Public sector‚ this means that it is provided and funded by the government through taxes‚ and it provides a service. It is health care system‚ provided to anyone regardless of age‚ race and income; free of charge to prevent diseases and illnesses. It was founded in 1948 with the aims to improve the quality
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