ASSIGNMENT 1 BRIEF Qualification BTEC Level 5 HND Diploma in Business Unit number and title Business strategy Assignment issued Assignment due Assessor name Assignment title Based on the studied relevant chapters‚ complete the following tasks. Aim of the assignment This assignment satisfies the following learning outcomes: LO1 Understand the process of strategic planning 1.1 assess how business missions‚ visions‚ objectives‚ goals and core competencies inform strategic planning
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BUSINESS STRATEGIES An organisation’s business model is and is consisted in the essence of its existence. In the globalised environment of a market economy‚ it is fundamental that management leads the organisation in defining and designing an approach to the future that is tailored to and complements the organisation’s profile‚ exploring creative possibilities that can leverage organisational uniqueness and ensuring alignment of “strategic intent” and “strategic mission” to keep stakeholders interested
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Communication Scenario Effective office communications are not always easy. To communicate with one’s coworkers in a manner that is professional and efficient takes effort on all parties involved in the conversation. When speaking to a member of the opposite sex‚ one must be aware that differences exist in the way in which messages are sent and how messages are received. In the attached scenario‚ two peers must work together to run the business while their manager is away. Unfortunately‚ the
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Database Concepts‚ 4e (Kroenke) Chapter 1 Getting Started 1) The purpose of a database is to help people keep track of things. Answer: TRUE Diff: 1 Page Ref: 4 2) A possible problem with keeping data in lists is that if you delete a row of data from a list you may also delete some data items that you want to keep. Answer: TRUE Diff: 1 Page Ref: 4 3) An advantage of keeping data in lists is that if you update a data value in one row of data in a list‚ other occurrences
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9.0 Entry Strategy 9.1 Introduction Entry strategy is about the decision to enter which foreign market‚ when in what scale and regarding the choice of entry mode. In our case we have already decided to enter the UK market and offer our products to a selected niche initially. It is the case of entry mode we should address in this chapter. The various modes to enter foreign markets are vast. A few popular methods are‚ exporting‚ licensing or franchising to host country firms‚ establishing
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* Profit making organization * Non-profit making organization * Charity organization Different organizations have different purposes .some work for profit and some are non profit organizations that work for the welfare of society. A business or other organization whose primary goal is making money ‚as opposed to non-profit organization which focuses a goal such as helping the community and is concerned with money only as much as necessary to run the organization and most companies considered
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Database Organization Here at the College of Veterinary Medicine‚ the databases that I have used are Microsoft SQLServer‚ Microsoft Access‚ and ProISAM. ProISAM is the type of database that Vetstar (our Hospital system) uses. It is the proprietary database for the PROIV programming environment that Vetstar is written in. The main problem with this database is that it is not ODBC compatible which just means that you cannot
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adopting a cost leadership strategy over the decades‚ Wal-Mart has emerged as the largest company (in terms of revenues) | |in the world. | | | |The case examines in-depth the key elements of the cost leadership strategy followed by Wal-Mart
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Introduction to Strategic Management Why is Strategy Important to Business Kaplan University Management Policy and Strategy MT 460 – 01 Unit 2 The question of why strategy is important to business is compelling to say the least. There are a number of reasons why strategy can and often does determine the success‚ growth or failure of a business. Without a strategy the business is responding to internal and external circumstances or demands without the advantage of a plan in place to address
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The workflow of A/P in BPO industry can be described as follows: 1. Receiving Scanned Invoices: The client company scans its vouchers and vendor’s invoices as and when they are received. 2. Preparing and updating Master database of vendors: A master database for vendors information is prepared which includes details of vendors‚ his address‚ tax code‚ etc. Additional notes relating to vendors are also entered. 3. Documents Review: The scanned documents are reviewed in terms of readability
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