1. Describe the type of business‚ purpose and ownership of contrasting organisations. TESCO PLC Tesco plc. (Public limited company) is a global grocery and general merchandise retailer‚ headquartered in Cheshunt in the United Kingdom. Tesco is the third largest retailer in the world‚ measured by revenues and the second largest‚ measured by profit. Tesco has around 5380 stores around the world; David Reid is the chairman and Philip Clarke. Most of the people think that Tesco is an international
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Identify the purpose of Different business organisations NHS was launched in 1948 to give residents of England health care such as surgery‚ treat coughs and colds and to provide end of life care. The NHS till today still provides a free health service for the UK residents. The NHS covers over 62 million peoples health in the UK this shows us that the NHS is an important part of the UK‚ there are 103‚912 hospital and community health services in the UK. NHS are a large organisation and have to
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Coil For Refrigeration Have you ever wondered what keeps the soft drinks cool when you buy one at the convenience store‚ or what keeps the food fresh at restaurants? Without this product called a coil that I assemble at my job‚ drinks‚ dairy products and other produce wouldn’t be kept cool for your convenience. For the first step to build a coil‚ the customer sends an order in‚ then the order comes to my department so I will know what kind of coil to build. The coil is made out of
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3. Among the different types of leadership styles‚ which style would be suitable to a democratic country like India to become superpower in business? Justify your answer. LEADERSHIP "The only definition of a leader is someone who has followers." To gain followers requires influence but doesn’t exclude the lack of integrity in achieving this. Indeed‚ it can be argued that several of the world’s greatest leaders have lacked integrity and have adopted values that would not be shared by many
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BACON Bacon is defined as any certain cuts of meat taken from the sides‚ belly or back of a pig that may be cured and/or smoked. Meat from other animals may also be used or otherwise prepared to resemble bacon‚ such as chicken or turkey bacon. Bacon may be eaten fried‚ baked or grilled. It is commonly used in sandwiches. A side of unsliced bacon is flitch or slab bacon‚ while an individual slice of bacon is a rasher or simply a slice or strip. Slices of bacon are also known as collops. Traditionally
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Phobias are the most common mental disorder in the U.S. While not comprehensive‚ this phobia list offers a glimpse of the many phobias that can have a serious impact on an individual’s life. A Ablutophobia- Fear of washing or bathing. Acarophobia- Fear of itching or of the insects that cause itching. Acerophobia- Fear of sourness. Achluophobia- Fear of darkness. Acousticophobia- Fear of noise. Acrophobia- Fear of heights. Aerophobia- Fear of drafts‚ air swallowing‚ or airbourne noxious
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2.0 The Different Types of Business Activity By the end of this chapter‚ you should be able to: • Classify entities into primary‚ secondary and tertiary sectors • Explain features of public and private business • Understand the different forms of merger and take-over • Compare methods that measures the size of a business Levels of Economic Activity Stage Business Involved Primary Woodcutter Secondary Furniture Makers Tertiary Retailer Example – Stages in the production and sale
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need to know where your money is going if you want to have a handle on your finances. Unlike what you might believe‚ budgeting isn’t all about restricting what you spend money on and cutting out all the fun in your life. It’s really about understanding how much money you have‚ where it goes‚ and then planning how to best allocate those funds. Here’s everything you need to help you create a budget using different approach. (a)Incremental Budgeting This is where the current budget and actual figures act
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Describe the different stakeholders who influence the purpose of two contrasting businesses A stakeholder is an individual or group with an interest in the success of a business in delivering intended results and sustaining the capability of the company’s products and services. Well basically stakeholders are groups of people with an interest/concern about the progress of a business. There are internal and external stakeholders in every business. An internal stakeholder is someone linked internally
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Explain the points of view of different stakeholders seeking to influence the aims and objectives of two contrasting organisations. Stakeholders are an important part of any business as they influence aims and objectives which bring in profit and keep as business surviving and successful. Customers McDonalds aim for their customers is to serve and produce the best food they can and provide a good service and clean restaurant. They also ensure that the food is convenient for all customers and
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