A4060519 Student´s Name: Michael Wanderley Mallmann Spanholi Business Environment LO1. Understand the organizational purposes of businesses 1.1 Identify the purposes of different types of organisation The UK legislation allows different types of legal structures to do business in its area. In the private sector‚ the following forms of companies can be seen: Sole trader is a business owned by an individual who is self-employed‚ but staff can be hired on either a full-time or a part-time
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Describe The Roles of Government In The Present Business Environment In the present business environment governments have the power to change and make laws‚ having a major role and influence on the business environment. There are three levels of government; federal‚ state and local. The federal government has power over such areas as; company law‚ income tax‚ trade etc. State government has power over pollution‚ price controls‚ state courts etc. and local government has power over rates‚ building
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PROJECT ON: ORGANISATIONS COMPARED: PREPARED BY HARSHA BHOWMIK RUDRAJIT SHARMA REGN. NO: 17/12 REGN. NO: 36/12 TABLE OF CONTENTS I. Evolution as an Organization 3 A. Evolution of Cognizant: 3 B. Journey from Indal to Hindalco: 3 II. Description of the organizational structure 4 A. Cognizant’s Structure 4 B. Hindalco’s Structure 5 III. Comparison on Structural Dimensions 6 A. Cognizant 6 B. Hindalco 6 IV
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Throughout this report I will include information about two contrasting businesses for ‘Northampton Life Magazine’. My two chosen businesses are Tesco (private sector business) and Northampton College (public sector business). Tesco is a multinational grocery and general merchandise retailer. Tesco has branches in over 14 countries including countries like China‚ Japan‚ Mexico‚ Thailand and even more. Tesco sells many different products including food‚ electronics‚ toys‚ furniture and clothes. However
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BRIEF SUMMARY ON SUPPORT ORGANISATION CARBON TRUST: The Carbon Trust is a Non profit company whose mission is to accelerate the move to a low carbon economy. They provide specialist support to help business and the public sector cut carbon emissions‚ save energy and commercialise low carbon technologies. The company aims to cut carbon by providing business and the public sector with expert advice‚ finance and accreditation and by motivating demand for low carbon products and services. They also
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* Business Environment Understanding the environment within which the business has to operate is very important for running a business unit successfully at any place. The environmental factors influence almost every aspect of business such as‚ its nature‚ its location‚ prices of products‚ the distribution system‚ or the personnel policies. It is important to learn about the various components of the business environment‚ which consists of the economic aspect‚ the socio-cultural aspects‚ the political
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M1 – Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations The stakeholders in a business can be a person‚ group or organisation that has an influence in an organisation. All stakeholders are not the same‚ they all have their differences. Customers The customers are a very important stakeholder of Sainsbury’s because the aims mostly involve them‚ Sainsbury’s want to ‘deliver an ever-improving quality shopping experience
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anything that relates to people in the business - for example‚ staff and managers. Physical resources are those that are physically used by the business - for example‚ land‚ raw materials‚ buildings or equipment. Technological resources are those that make use of technology - for example‚ computers‚ software or systems. Financial resources are any aspects of the business relating to money‚ such as money owed to or by the business. It is essential for any business to control‚ manage and make the best
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[pic] |UNIT |Unit 4 – Business Environment |Course |HNC-Business | |Author |VERIFIER |Mr. | |HAND OUT DATE | |SUBMISSION DATE | | |STUDENT | |TERM
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Economic Growth- GDP Economic Growth… …An increase in an economy’s ability to produce goods and services Gross Domestic Product- represents the value of a country’s national income in one year. An increase in real GDP means that the standard of living within a country is increasing. It is therefore used as a way of measuring a country’s economic growth. The Business Cycle- there are discernable patterns in these levels over time‚ there will be periods of time when economic activity is rising
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