BUSINESS ENVIRONMENT TASK 1 AND TASK 2 a)Identify the purpose of different organisation giving examples(AC1.1) Sole trader-it’s a business that is owned by only one person and it can have one or more employees. This type of business organization often succeeds because the owner has total control of businees‚ the owner keeps all profit and it’s cheap to start-up‚but also it can be difficult to raise financial‚it may be difficult to specialise or enjoy economies of scale and can also have problems
Premium Corporation Monetary policy Limited company
Chapter Nine – Completing the Accounting Cycle 9.1 The Adjusting Process The adjusting process is important for financial statements to be accurate‚ up to date‚ and consistent from year to year. When preparing financial statements‚ the accountants must ensure that: * All accounts are brought up to date * All late transactions are taken into account * All calculations have been made correctly * All GAAPS have been compiled with Adjusting Entry – an entry made before finalizing
Premium Generally Accepted Accounting Principles Depreciation
Topic: Nike marketing strategy‚ social responsibility‚ and diversity. Specific Purpose: To inform my audience about the marketing strategy‚ environmental and social commitment and diversity of Nike company Brief: In my presentation‚ I will be talking about Nike’s marketing strategy and its social responsibility MARKETING A) INTRODUCTION § Preview – Because Nike’s success largely depends on its shrewd marketing strategy‚ I will be explaining to you the importance of marketing to Nike
Premium Social responsibility Investment Tiger Woods
rather than just looking at the price. As competition between organizations grows more intense‚ many different factors and dimensions would be considered by the customers when they are going to measure the quality (Stevenson‚ 1999). In order to remain competitive among those rigorous competitions in the dynamic changing business environment‚ organizations have to maintain and enhance the quality of the products or services being delivered. “Quality is consistent conformance to customers’ exceptions”
Premium Six Sigma
Business Strategy Introduction • Founded in 1977 by Larry Ellison‚ Oracle is a relational database management company whose products are used in many Fortune Global 100 companies • It underwent a few name changes before finally settling on Oracle Corporation so as to mirror its successful flagship product‚ Oracle database • Oracle is publicly traded on the Nasdaq and has grown globally having offices in more than 145 countries with over 80‚000 employees worldwide • It provides a number of
Premium Oracle Corporation Database management system Strategic management
Supplementary Notes (Business Model) Key Resources Financial support Parent company CEC International Holdings Limited [2] The reason why 759 Store survives is because it has its parent company as a backup support. The parent company provides financial support to its retail business [2] Physical shops The business aims to provide a relaxing and spacious space for its customers. [3] Majority of 759 Stores’ physical have very simple and warm interior decorations. The physical shops are usually
Premium Retailing Sales Shopping mall
• High staff turnover • Low staff morale • Lazy and badly trained staff • • • • Buy the Hotel New name- Renaissance Strategic Approach to HR Successful business and profit Differentiation strategy • A differentiation strategy calls for creating a product or service with sufficiently distinctive attributes that it sets your business apart from the competition. Attributes of differentiation strategy • highly skilled and creative productdevelopment personnel • a strong sales force • a strong
Premium Human resource management Skill
Unit 1 Task 1.1 Mission statements Apple – “apple designs Macs‚ the best personal computers in the world‚ along with OS X‚ iLife iWork and professional software. Apple has reinvented the mobile phone with its revolutionary iPhone and App store‚ and is defining the future of mobile media and computing devices with iPad” Sony – “To experience the joy of advancing and applying technology for the benefit of the public” Virgin- safely‚ security and consistent delivery of basics and foundation of
Free Apple Inc. App Store Mac OS X
When completing lab 6a I first read the five stages of moderate physical activities to determine my stage‚ I checked only the current moderate stage that represents my current moderate activity level. As a result‚ the stage where I am at now includes the contemplation stage. This stage is described as individuals who have been completing on meeting the required guidelines for moderate activities but has failed to do so at this point. However‚ I am at stage 3 our textbook recommend that I set goals
Premium Obesity Physical exercise Psychology
Business Research Task Small to Medium Enterprise Word Count: 2645 The chosen SME that I have decided to establish is a house cleaning business. Not only cleaning interior but if needed the exterior also. 1. Situational analysis considering: 1.1 Influences in establishing a SME The reason that I wanted to establish a business of my own‚ this one being a house cleaning business is that the target market of people who have less time on their hands and wish to have their house cleaned
Premium Strategic management Human resources Employment