M1. Explain three different research methods that can be used to identify the target market of your business and justify the reasons for choice. Three different research methods Surveys (Primary) Mail surveys are a relatively inexpensive way to reach a broad audience. They’re much cheaper than in-person and phone surveys‚ but they only generate response rates of 3 percent to 15 percent. Despite the low return‚ mail surveys remain a cost-effective choice for small businesses. Which would be a very
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P1 Identify the purpose of four different business organisations Name of Business (P1 & P2) | Purpose | Two objectives | Reason for ownership and sector | Size and Number of employees | Scale | Business 1:JD | The purpose is to sell sport related equipment in one place‚ so building a large market. Moreover‚ golfers‚ footballers‚ basketball players etc. can all go to the same shop. However‚ as a business its –purpose- is to make profit‚ and its marketing (is aimed at teenagers and young
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UNIT 3: Introduction to Marketing – (Patricia) Task 1 – This task addresses P1: describe how marketing techniques are used to market products in two organisations. To: Patricia From: Fehime Karamanoglu Subject: Marketing Techniques Date: 23/10/2014 1.0 Introduction This report provides further and thoroughly detailed research into the companies‚ McDonalds and Lewisham Southwark College (LeSoCo). This research has been gathered in order to examine and research the marketing techniques used in
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Valid Contracts March 2015 M1: analyse the impact of the requirements for a valid contract in a given situation Required to answer 3 short essay style questions on a given scenario Relevant case law must be mentioned. Spelling & grammar essential. Breach of Contract in the case of a private sale ‘Bob and Jamal’ FOR SALE £21‚000 Breach of contract in the case of a private sale In the Westshire Times on 2 September there was an advertisement to sell
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Exam Questions by Learning Outcomes P1 - Performance operations May-10 Sep-10 Nov-10 Mar-11 May-11 Sep-11 Nov-11 Mar-12 May-12 Sep-12 Nov-12 Mar-13 Q1.2 2 marks Q3a(i) 4 marks May-13 Q3a(i) 4 marks A - Cost accounting systems (30%) Q3b(i) 4 marks Q3b(ii) 4 marks 1. Discuss costing methods and their results (a) compare and contrast marginal (or variable)‚ throughput and absorption accounting methods in respect of profit reporting
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In this section of assignment I am going to be discussing influences on effective learning methods and how time‚ specific learning needs‚ relationships‚ responsibilities and environment and access to resources have an effect on the learning environment of an individual. Honey and Mumford and David Kolb Honey and Mumford developed a theory about adults and the way they learned. Kolb is the inspiration for a large numbers of theorists. For example‚ Honey and Mumford’s Learning Styles questionnaire
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APPENDIX A - In the table below research examples of: • A local business • A national business • An international Business • A global business Your examples MUST include a business in each of the private‚ public and voluntary sectors. Your examples MUST include a business in each of the primary‚ secondary and tertiary sectors. Your examples MUST include a sole trader‚ a partnership‚ a private and public limited company and a government run department or agency |Name
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Tesco identifies vacancy in different ways firstly‚ if someone quits their job they would immediately know that person has left and needs to be replaced. If there is more demand online they would know that they need fewer checkouts and need more personal shoppers. If Tesco have an expansion they would know there is more vacancies because more shifts need to be covered. There a quite a few jobs which people do at Tesco. the lower level jobs are going to have a more simple description whereas the
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Unit 5 – Anatomy and Physiology for Health and Social Care Cells Introduction For this assignment I will have to talk about the organisation‚ e.g. cells‚ tissues‚ organs and systems. And the cells‚ e.g. cell membrane‚ nucleus‚ cytoplasm; organelles- mitochondria‚ smooth and rough endoplasmic reticulum‚ golgi apparatus and lysosome. Organisation; Every individual is composed of billions of microscopic units called cells. The cells carry out vast numbers of chemical reactions and processes
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Describe physical‚ intellectual‚ emotional and social development for each of the life stages of an individual PHYSICAL DEVELOPMENT Foetal development- human life begins with conception. If sexual intercourse takes place while the egg is in the fallopian tube‚ there is a possibility of conception. Just one sperm may fertilise the egg. Fertilisation means that the genetic material in the egg to start a new life. Pregnancy then begins when a sperm penetrates an egg. One to one and a half days later
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