Report: An Analysis of Ryanair’s business environment Introduction: Ryanair is Europe’s leading low cost airline. It currently operates over 1600 flights per day to 180 destinations in 29 countries. It has achieved this through developing and marketing itself as Europe’s only ultra-low cost carrier (ULCC). This has seen its profits rise by 13% for the fiscal year ending 2013 to over €569million and its passenger traffic grow by 5% to over 79.3 million people‚ this being in spite of an increase
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P1: Describe the type of business‚ purpose and ownership of two contrasting businesses. I will be speaking about two organisations the first organisation I have decided to discuss is ASDA and I will follow it of by McDonald’s as the second organisation. Asda is a Public company and is a British supermarket chain which supplies various services to the customers such as: Clothing‚ Food‚ and General Merchandise etc. It has become a multi-national store leading of its subsidiary of Wal-Mart which
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Unit 3 P1 P1 – describe how marketing techniques are used to market products in two organisations. Overall concept: The main thing behind marketing in a business is finding the customer’s needs and produce the product/ services to satisfy their needs‚ this way the customer can choose what they would want included in their product/ service. A business that follows this rule is market-orientated. There is alternatives orientation for businesses‚ these are; The production concept: This is where
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Economic development flourishes our life，but our environment is deteriorating with the growth of the economy. The present serious environmental problems are largely caused by rapid economic development. For example‚ land resource are shrinking because of industrial environment and the expansion of cites. We excessively exploit nature and ecology‚ which is threading future generation. We shouldn’t sacrifice environment to develop economy‚ because if we sacrifice the environment for economic development
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Empowering Individuals An individual can be empowered if everything that needs to be done for their care is explained for them‚ and they are asked if they understand and are aware of what they need. This gives them control of the service and empowers them in the decisions being made‚ so that no one takes over on their behalf – even in their best interests. The person has to make the choice themselves and if they have all the facts presented to them then they will do. Individuals have a choice and
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P4 I will plan a risk assessment for a selected administrative work environment. Risk assessment is used in protecting workers and organisations like Tesco‚ to help them comply with the law of the state. It helps business owners to focus on the risks that really matter in the workplace; with ones that could cause potential harm. It is important to manage risks to ensure the most valuable asset is protected. Format There is no specific format in which a risk assessment has to be done in a workplace
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External Environment of Business The Technological Environment The external business environment consists of four elements‚ they are as follows: Political‚ Economic‚ Social and technological. It would be impossible to analyse the whole environment in one essay‚ I have therefore decided to focus my essay on the technological environment. I have chosen this area to focus on because as Palmer and Hartley point out‚ it is one area that is forcing immense change in the external business environment. The
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Chapter 3 - Business Power James Buchanan Duke was born on December 23rd 1856 in North Carolina. His father was the owner of a small factory which produced a brand of chewing tobacco named Pro Bono Publico. As he became older it was time for him to take over his father’s business‚ however the number of competition was too high. Taking a major risk‚ he committed his company to a then-novel product- the cigarette. Unfortunately‚ back in those days‚ cigarettes were used by people from the lower
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mission‚ values and key objectives of two organisations. For organisations this is essential‚ as if they do not know where they are going‚ they cannot tell if they have arrived. This is often called strategic planning; we can determine what an organisation wants and its needs‚ like it is a living thing and has to survive. We must understand within a business system‚ its ideals and realisation will always be accountable for. The two organisations I have selected to focus on are: The NHS Bupa
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the economic environment on businesses LO4 Know how political‚ legal and social factors impact on business. Scenario: You work as a junior journalist for a newspaper which is planning to run a feature article on UK businesses. You have been asked to produce an article on two contrasting businesses covering purpose‚ ownership‚ organisational structure‚ strategic planning and how businesses interact with their environments. Task 1 ( P1‚P3‚ P4) Submission date: w/c 14/1/12 Business organisations
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