Unit 37 Assignment-Understanding Business Ethics Task 1-The meaning and importance of business ethics P1 Describe the ethical issues a business needs to consider in its operation activities Defining Business Ethics Business ethics can be defined as the accepted set of moral values and corporate standards of conduct in a business organization (business.lovetoknow.com) Ethical activities carried out by Vodafone One ethical activity that is carried out by Vodafone would be the introduction of its
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P2: Use the case study to write an essay that explains the sociological approaches to health and ill health The functionalism approach thinks that when people are sick they should take on roles of their own that comes with many responsibilities when they are taking on the ‘sick role’. So with the family being ill they will be out of work yet they will not be cared for by the welfare state. Tamselas parent live with her meaning she has to care for a find a way to provide for everyone in her household
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Task 1 (P1‚ P2‚ P3): P2‚ P3: To start a business we need to figure out what is going to be our mission statement‚ the mission statement is the main purpose of a business. For example‚ you and your friend decided set up a business. Whatever the business is you need to have a purpose of it‚ otherwise it’s not going to be beneficial or it will be difficult to run this business. If the business is based on selling bikes than purpose or the mission statement would be to sell the product with good profit
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P2) For this task I will start of by explaining the difference between capital income and revenue income and the difference between capital expenditure and revenue expenditure. I will then have a short table which will state what would go inside both capitals and revenues. Firstly I am going to talk about what capital income is. Capital income is usually the money which is used to invest by the owner of the business from there start-up cost. An example of capital income would be sales of shares
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M3 Analyse how evaluating a business event informs future planning. Identify different methods of evaluation‚ e.g. questionnaires for delegates or a debriefing session‚ explaining how they contribute to identifying problems and providing solutions for future events. What is evaluating? Evaluation is an assessment of something or making an observation of the outcome whether good or bad. An example of evaluating is after the Year 8 disco‚ was the year 8 pupil’s filing out an evaluation form on how
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P2 Task 1.2 My opinion is that influence of stakeholders has a great effect on Tesco because for an example a stakeholder of a company is to keep their customers pleased and that there offered great service. If employees don’t give customers great service it could be a loss of a customer and the business would of made a loss. If the business didn’t have employees they wouldn’t be successful because without the employees there will be nobody to provide customers wide services and nobody to clean
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P2-Explain the implications for the business and stakeholders of a business operating ethically. In this P2 task‚ I will be explaining the implications that Primark’s unethical practice has on itself and on its individual stakeholders. I will start of by introducing Primark’s 7 main stakeholders are and I will also explain how each of these stakeholders is affective by Primark unethical activities. I will now discuss how these stakeholders are affected positively or negatively by Primark’s unethical
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and Vascular Dementia is as well as identify their signs and symptoms. Additionally I will be describing investigations that are carried out in order to diagnose these physiological disorders and identify any difficulties involved in the diagnosis. P1) Multiple Sclerosis (MS)‚ a neurological condition‚ affects around 100‚000 people in the UK and is most common is people aged 20-40 years old. MS affects the nerves in your brain and spinal cord causing problems with muscle control‚ vision and balance
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group who are inquisitive and focused on business. It could be anyone such as an individual‚ bank‚ customer‚ and employee. They also include owners who are focused on how much money the business makes. P2: Marks and Spencer‚ Emaar: The main stake holders for Marks and Spencer are the owners‚ banks‚ suppliers and the customers. The stakeholders for Emaar are the suppliers‚ government‚ trade unions and the owners. The owner are people who own the business and hence they have a word in the final
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Unit 15: P1 Introduction In this task I shall be creating a fact sheet that identifies the career of my choice and also where the sources of information were retrieved from. Sources of information Findings Date of completion I searched in Google the preferable choice of university I would like to go to and selected a choice that suited me best “Business management”. I went on the university of west minister website to find information about the courses‚ units and also requirements. http://www
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