Business Studies Revision- Enterprise Enterprise Almost any business or organisation can be called an enterprise‚ but the term usually refers to any process by which new business is formed and new products and services are created and brought to the market. Enterprises are usually led by an entrepreneur Entrepreneur Individuals who have an idea that they develop by setting up a new business and encouraging it to grow are called entrepreneurs. They take the risk and the subsequent profit that
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Unit 1 – the business environment Stakeholders are extremely important to a business. A stakeholder is basically a group of individuals or a particular organisation that have an interest in the company’s decisions. Stakeholders can be categorised into two sections; internal and external. Internal stakeholders for example are employees within the company whereas external stakeholders are customers‚ suppliers‚ trade unions and much more.an example of a stakeholder is in KFC. Their job is to work
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Unit 1: Planning and Preparing for Teaching and Learning Word count:5150 At present my role is of a hairdressing teacher in a further education college. I currently teach hairdressing on the NVQ level 1‚ 2 and 3 programs. Gravel’s‚ A (2006‚ p5) suggests that it is all about helping someone to reach their full potential‚ whether this is for personal or professional reasons‚ and for me‚ helping to make a difference to someone’s life can be very rewarding
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between marginal cost and marginal product. Marginal cost is the additional cost attributed to an additional unit produced. Marginal product is the increase in the total product due to an additional resource allocation. The marginal cost and marginal return have an inverse relationship and can almost be represented as mirror images of each other. The peak of the marginal product corresponds with the lowest point of the marginal cost. Thus as marginal product increases
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M2: compare the challenges to selected business activities within a selected organisation‚ in two different economic environments. Describe the influence of two different economic environments on business activities within a selected organisation. Consider topics such as income‚ growth‚ level of development‚ demand and supply to highlight the differences. You should have selected a business which is internationally active (at least in two different economic environments). Environment
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criteria I had to evaluate the way an organization has responded to changes in the business environment. The organization that I chose was Tesco PLC.‚ specifically the TESCO STORE Mega-Branch. I am going to talk about a brief history about this company‚ and its services taking account of how successful it has become. TESCO STORES LTD.: BRANCHES TESCO: ORIGINS TESCO is a British multinational grocery and general merchandise retailer founded in England in 1919 and it has expanded around the
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1. Has the problem or focus of the research been clearly stated? If so‚ state what the problem is. (3 points) The focus of this research was to do a comparative analysis between nurses and physicians in regards to their personal views on the of Computerized Provider Order Entry (CPOE) in their daily workflow (Ayatollahi‚ Roozbehi‚ & Haghani‚ 2015) 2. Identify the section of your article where the literature review was discussed. Is there a section title? If so‚ indicate that. If no section title
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chairman and CEO of General Electric Company recently announced an extraordinary goal to increase the organic rate of G E from 5% a year to 8%. This 60% increase would be tremendous for a company of this magnitude‚ who already has the ninth largest revenue in the world. The strategy for reaching this target encourages many of G E divisions to apply a simply customer-relationship metric known as “net-promoter score.” The idea of the NPS is relatively simply. A company begins by asking its customers just
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in Education and Training (QCF) Unit 1: Understanding roles‚ responsibilities and relationships in education and training. Learner name: LEE HARRIS Teacher name: Name of training provider/college: Date of submission: Assignment deadline date: Briefing For Unit 1‚ you are required to produce responses to the questions below with an overall word count of approximately 1200 words. The 1200 words is a guide‚ you can provide more‚ but not less. Please read each question carefully and provide
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Networking Fundamentals: Unit 1 Assignment Kaplan University 1. Unit 1 review questions: a. The functions provided by a network are usually referred to as network services. b. A remote server may also be known as simply an access server. c. True or False: A client/server network is the simplest network model. False d. True or False: A common way to share resources on a client/server network is by modifying the file-sharing controls via the computer’s operating system. False e. True or
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