Business Organisations and Operations Assignment Task 1 Differences between types of organisations Sole trader: is the simplest way to run a business - it does not involve paying any registration fees‚ keeping records and accounts is straightforward‚ and you get to keep all the profits. However‚ you are personally liable for any debts that your business runs up‚ which make this a risky option for businesses that need a lot of investment. Partnerships: consist of two or more partners who are
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P3 – Describe how two businesses are organised P4 – Explain how their style of organisation helps them to fulfil their purposes Unit 1 Business Environment Hierarchy Hierarchy The shape of a hierarchical organisational structure is the pyramid. A hierarchical organisation is a group of objects structured to be subordinate to a central idea or person. The person in charge sits at the top of the pyramid (paid most). Each job description (manager‚ deputy manager etc.) sits below the top in
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Describe the social implications of business ethics facing a selected business in its different areas of activity. (P3 and M2) Social implications of business ethics The social implications often refer to those businesses that have an effect on society as a whole. They can relate to a number of areas of activity. I will now talk about the areas of activity. Areas of activity Ethics in finance In financial dealing and payments there are many kinds of unethical behaviour‚ however there are regulations
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P.O BOX 20515 KITWE STUDENT NO.:09175202 PROGRAME: BBA3 COURSE: HUMAN RESOURCE & LABOR RELATIONS- BBA380 LECTURER: MR K.K.KAPIKA ASSIGNMENT :ONE DUE DATE:15TH SEPTEMBER 2012 Discuss the relevance of the Human Resource Management Department and the role that it plays in the organization. How developed is the Human Resource Management function in Zambian organizations from 1980 to date? Human resource management is the process of acquiring‚ training‚ appraising‚ and compensating
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An event organiser is a person or group of persons who are dedicated to planning events and ensure that every aspect of the event is undertaken smoothly. Normally large organizations called in professionals who are well versed in the art of event organizing in order to ensure that the event is a success. These organizers are known by certain characteristics or skills which include: • Verbal and written communications: Event organizers should be well versed in verbal and written communication
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(a) Describe the promotional mix used by two selected organisations for a selected product/service. Coca-Cola Founded in 1886 by pharmacist Dr John S Pemberton in Atlanta‚ Georgia‚ The CocaCola Company is the world’s leading manufacturer‚ marketer and distributor of non-alcoholic beverage concentrates and syrups‚ and produces nearly 400 brands. www.coca-cola.co.uk/about-us/introducing-our-business.html Coca-Cola was invented by Dr John Stith Pemberton and first went on sale at Jacob’s
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Human Resources are the most vital resource for any organization. It is responsible for each and every decision taken‚ each and every work done and each and every result. Employees should be managed properly and motivated by providing best of their abilities as per the industry standards. There are many activities in HR that the employee’s working in the HR department needs to partake in to support an organisation. Below are three that I have decided to focus on Recruitment and selection: When
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A Human Resources department in any company or business is essential as this is where the employees bring their problems or questions. In a way‚ the Human Resources department is there to look after the company’s employees. They provide answers to benefit questions and packages and explain what the company has to offer to its employees. Human Resource management is all about the management of human beings‚ obvious but true. It is a term that is used to describe the individuals who make up the
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P3 – Describe how two businesses are organised By Daniyel Hircock Aims in a businesses are overly important. A company having objectives and goals to aim towards allows a company to strive to accomplish something. Whether a business’ objective is to become global or to simply break-even will determine how a company will focus on. Apple’s main aim and objective now is to stay globally known for being the biggest and the best. Being an already established business and having excessive amount of
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P3- describe the main physical and technological resources required in the operation of a selected organisation For this task I will talk about the physical and technological resources in the operation of Marks and Spencer. In an organisation there are factors of production known as human‚ physical‚ financial‚ and knowledge resources. Physical and technological resource. Both this resouces need to be manage carefully in an organisation. Physical resource are the buiding security and maintenance
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