Chapter 1 Business Environment Q 1. Ans. What is Business Environment? The term Business Environment is composed of two words ‗Business‘ and ‗Environment‘. In simple terms‚ the state in which a person remains busy is known as Business. The word Business in its economic sense means human activities like production‚ extraction or purchase or sales of goods that are performed for earning profits. Q 2. Ans. Define Business Environment. The elements or factors outside a business organization
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left blank Health and safety in the engineering workplace affects all personnel‚ no matter what their involvement. Ensuring a healthy and safe working environment is not only the province of management - who are responsible for supplying the personal protective equipment and warning notices shown in the photograph; but also that of every individual. All staff and all visitors must use appropriate personal protective equipment and ensure that they are conversant with the safety warning notices
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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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Unit 009 Health and Safety Activity Find out what your settings policy and procedure is on health and safety and where it is kept. Write down your understanding of this policy and procedure. At Highfield children’s centre copies of the health and safety policies and procedures are kept in the main office‚ in the head teacher’s office and in the family support office. Highfield children’s centre has a family support team linked to the nursery. The health and safety policy and procedure is set
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‘Business’ and Its ‘Environment’ Introduction Every business organization has to interact and transact with its „environment‟. The effectiveness of interaction of an enterprise with its environment primarily determines the success or failure of a business. The environment imposes several „constraints‟ on an enterprise and has a considerable impact and influence on the scope and direction of its activities. The enterprise‚ on the other hand‚ has very little control over its environment.
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Vistrion Manufacturing Ltd Introduction This report is going to explain Health and Safety roles in organisation Why it is important to be alert to potential hazards when dealing with machinery‚ equipment and substances such as toner and fluids Everybody needs to be aware of potential hazards like dangerous equipment or substances so that their work area can be made safe and eliminated accidents. People have to be trained to use all machinery which is needed at work so that it is used correctly and
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Case Study – Health & Safety Issues at Café Nero INTRODUCTION In this report I will advise the Manager at Café Nero of the procedural and legal issues to follow in the event of an employee having a ‘slip and trip’ accident at the workplace. This report will outline the relevant legislation acts applicable to both the injured staff member and the café manager. After covering and identifying the relevant parts of legislation‚ it will enable me to state the applicable procedure methods to
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Division of Business | Course: HNC/HND BUSINESS MANAGEMENT LEVEL 4 | Year: 2013 | Student Name: | Unit 1: Business Environment | Lecturer: | Date Issued: | Completion Date: | Fail Pass Merit Distinction P1 | P2 | P3 | P4 | P5 | P6 | P7 | P8 | P9 | P10 | P11 | P12 | P13 | P14 | P15 | P16 | M1 | M2 | M3 | D1 | D2 | D3 | | Learning Outcomes:On successful completion of this unit a learner will:1. Understand the organizational purposes of businesses2
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Level 2 Certificate in Principles of Business and Administration Unit 1: Principles of personal responsibilities and working in a business environment Assessment Section 1 – Know the employment rights and responsibilities of the employee and employer 1. Identify four main points that would be included in a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). [AC 1.1] 2a) List three key points of
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customers are important? Customers are the most important people for any organization. They are the resource upon which the success of the business depends. When thinking about the importance of customers it is useful to remember the following points: 1. Repeat business is the backbone of selling. It helps to provide revenue and certainty for the business. 2. Organizations are
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