Student name Level QCF Level 3: BTEC National Unit number & title Unit 21: Aspects of Contract & Business Law Credit value 10 Assessed by Date issued Deadline date Brief Internally verified Date Signature Aim and purpose This unit introduces you to the operation of the law of contract as it applies to businesses. You will also apply to consumer situations and consider the meaning and effect of standard form contracts. Unit introduction A business can
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P2 Describe the limitations and constraints of marketing Businesses need to ensure that their marketing plans and activities are within the limits of the law. These laws are called the consumer laws they make sure that the businesses do not do anything illegal. There are five main consumer laws these are The Sale of Goods Act 1979 The Trade Description Act 1968 The Consumer Credit Act 1974 and 2006 The Data Protection 1998 The Consumer Protection from Unfair Trading Regulations 2008 I will be
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Stakeholders can be defined as all entities that are impacted through a business running its operations and conducting other activities related to its existence. The impact can be direct in the case of the business’s customers and suppliers or indirect in the case of the communities in which the business chooses to place its locations. Businesses must consider the needs and expectations of its stakeholders‚ though it need not consider them to be of equal importance. Certain stakeholders such as owners
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evaluate the influence different stakeholders exert in one organisation. In this assignment I will be evaluating the influence different stakeholders have in one organisation. A stakeholder is someone who takes an interest in a business whether it being small or big. For example‚ in Nike‚ a stakeholder could be an employee or a customer as they would have to take massive interest in the business. Out of the two businesses I chose for P2 and M1‚ I will choose newsagents. The first stakeholder I will
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2012 LECTURER`S NAME: Mrs Atkins ASSIGNMENT: Task 1. Unit3. P2 DATE HANDED IN: 2nd October 2012 INTRODUCTION It is a requirement of the law that all businesses and organisations abide by given limitations and constraints. This report describes two selected limitations; Sales of Goods Act 1979‚ The Data Protection Act 1998 and two constraints; Pressure Groups and The Advertising Standards Authority (ASA). Task Question: P2: Describe the limitations and constraints of marketing Limitations
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I am going to evaluate the influence that stakeholders exert on Zotefoams PLC. I will be evaluating the following stakeholders: customers‚ employees‚ shareholders‚ suppliers‚ the government and owners. Customers Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons; customers do not want to have to spend an excessive amount of money to purchase a product‚ so if one of Zotefoams competitors can produce
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Task 2 To achieve P2‚ you will describe the limitations and constraints of marketing. Prepare an information sheet that readers of your article could access online. This information sheet should include: * Legal requirements * Voluntary codes and constraints * Refer to examples you can find (see www.asa.org.uk) This part of the assignment will be assessed as an individual report written about one organisation. Consumer Law Consumer Law is where marketing activities of the business
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Stakeholder Stakeholder is a person or groups who have interest in the success of the organization. A stakeholder is mainly concerned with an organization delivering better results and meeting its financial objectives. There are two types of stakeholder. 1. Internal Stakeholder 2. External Stakeholder Internal Stakeholder:- Internal Stakeholder is someone who works inside the organization or anyone within the organization that will benefit from the company’s profits. For example:-
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I am going to evaluate the influence that stakeholders exert on Tesco. I will be evaluating the following stakeholders: customers‚ employees‚ shareholders‚ suppliers‚ the government and owners. The first stakeholder I am going to evaluate is customers which are external stakeholders. Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons‚ customers do not want to have to spend an excessive amount of money
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D1- Evaluate the influence different stakeholders exert in one organisation. I am going to evaluate how important it is for stakeholders to exert on an organisation. This is stakeholders such as employees‚ customers‚ shareholders‚ suppliers‚ owners and the government. I will also state if the influences have positive/negative effects on the long term success of the organisation. Woodbridge- The two types of stakeholder I am going to explain are students and the local community. Students can
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