Explain how organisations use information The way they use information is so that they can plan better and also exploit the business better monitoring and controlling on how they run the business and by using certain types of activities Some organisations use business information to help them become more effective for them. Four of the most important ways are operational support‚ analysis‚ decision making and gaining advantage. There is a bit of information on these types down below in the table
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Unit6 – Preparing for Employment in Travel and Tourism P1‚ P2 & M1 Marites Marzan T&T L3 Yr1 GrpB Harish Tutor P1 - Describe career opportunities within different industries in the travel and tourism sector. Tour Operators A tour operator requires a holiday representative to work throughout the summer and winter season to ensure that holiday makers have an enjoyable trip. They are the first point of contact for customers so a holiday representative needs to be prepared to answer
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BTEC LEVEL 3 NATIONAL IN BUSINESS (The Business Environment). P1: Describe the type of business‚ purpose‚ and ownership of two contrasting businesses. Sainsbury’s: Sainsbury’s is the UK’s third largest chain of supermarkets‚ it’s also the longest standing major food retailing chain‚ which was founded by John James Sainsbury’s in 1869 as a partnership with his wife Mary Ann. The holding company J Sainsbury’s PLC‚ is split into three divisions which are: Sainsbury’s Supermarket Ltd‚ Sainsbury’s Local
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Stakeholders. P2. My two companies are Hackney Community College & Tesco. Stakeholders are a person with an interest or concern in something for example a business. Customers A person or organisation that buys goods or services from a store or business. Hackney Community College example: Students come to the college for a service which is education. Tesco example: Public people‚ bars‚ convenience store and cash & carry these are all customers that sell food. Employees A person who exchanges
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income P2 Capital Income Capital income is the money invested by owners or investors that fund the setting up of a business. The source of capital income is influenced by the type of business. Sole trader is a business which is owned individually‚ meaning their capital income comes from their own money (savings) or personal loans. Partnership is when between two and twenty people join to form a business as partners. Each partner should be the source of capital income. Partners of the business share
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Public Health - Unit 12 - Petra P1 Public health is "the science and art of preventing disease‚ prolonging life and promoting health through the organized efforts and informed choices of society‚ organizations‚ public and private‚ communities and individuals" (1920‚ C.E.A. Winslow). This therefore infers public health is the preventing and controlling of disease within communities‚ to prolong life and promote health through organised society. The keys aspects of public health … -Monitoring the
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P1: Describe how marketing techniques are used to market products in two organisations. In the assignment I am going to describe how marketing techniques such as branding‚ relationship marketing and growth matrix are being used by Kellogg’s and diesel. There are so many different types of methods that are being used in marketing to make your business becoming more successful. The first one is branding‚ branding is a very important part of marketing because this tells the consumers who owns
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Organisations and Environment “Discuss how an organisation’s competitive advantage can be enhanced with the introduction of new technology” It is important to remember the difference between inventions and technology. Inventing something is the basis of the idea but the technology in it is ‘the application of knowledge to production’ (Wetherley‚ P 2008). This is because ‘Technology itself cannot do anything. It is how this technology is used that is important’ (Wetherley‚ P 2008) and how
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Unit 1 – the Business Environment Assignment 1- Types of Business Task 1 Tesco is a private organisation from the UK. Tesco is a supermarket which provides people with things they need like food and drink. It provides people with both a product and a service. In competition with Tesco are the other three major supermarkets from the UK‚ Morrisons‚ Asda and Sainsbury’s. Sainsbury’s increased its market share over the past year‚ it grew from 16.4% to 16.6% and had a growth of 5.1%. The other retailers
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– UNIT 21‚ P1 IDENTIFY THE LEGAL CRITERIA FOR OFFER AND ACCEPTANCE IN A VALID CONTRACT AND P2 EXPLAIN THE LAW IN RELATION TO THE FORMATION OF A CONTRACT IN A GIVEN SITUATION In this report I will be focussing on certain factual evidence‚ relating to the valid requirements of a contract for Dial-A-Phone. For a contract to be legally binding there must be certain legal terms and aspects that must be present – these involve: * Offer * Acceptance * Capacity * Consideration These are the
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