Unit 1 Business Environment D1 1.0 INTRODUCTION In this assignment I will rank the stakeholders of Tesco relating to importance to the organisation with 1 being the most important and 7 being the least important. I will then write a statement about the importance of each stake holder relating to Tesco. 2.0 IMPORTANCE OF STAKEHOLDERS STAKEHOLDER | IMPORTANCE 1=HIGHEST - 7= LOWEST | JUSTIFICATION | Customers | 1 | Customers are the most important stakeholder‚ without them Tesco
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for profits others‚ just for improve quality life of the community. Businesses operate in an environment shaped by the consumers‚ the Government‚ suppliers and International factors. It’s my job now explain and understand how organisations shaped with the environmental factors and determine strategies and a modus operandi that allow them to meet their organizational purposes. Business Environment Business refers to economy activity‚ goods and services in exchange of money. Also include buying and
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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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Lesson 1 BUSINESS AND ITS ENVIRONMENT NATURE OF BUSINESS Business may be understood as the organized efforts of enterprise to supply consumers with goods and services for a profit. Businesses vary in size‚ as measured by the number of employees or by sales volume. But‚ all businesses share the same purpose: to earn profits. The purpose of business goes beyond earning profit. There are: • It is an important institution in society. • Be it for the supply of goods and services • Creation of
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TSMO9801 HOSPITALITY BUSINESS DEVELOPMENT (ASSESSMENT 1) ESSAY PLAN EVALUATE THE STRATEGIC BUSINESS ENVIROMENT IN WHICH HOSPITALITY BUSINESSES ARE CURRENTLY OPERATING WITHIN YOUR COUNTRY. BASE YOUR ANSWER UPON A TYPE OF HOSPITALITY BUSINESS OF YOUR CHOICE AND ILLUSTRATE IT WITH APPRO PRIATE EXAMPLES. DATE OF SUBMISSION: 28TH FEBUARY MATRICULATION NUMBER: 40133726 These essay discuses about the strategic business environment in India‚ and the parameters
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ASSESSMENT FRONT SHEET LONDON SCHOOL OF COMMMERCE AND IT Programme: BTEC Higher National Diploma (HND) in Business Unit Number and Title: 01 and Business Environment Unit Code-: Y/601/0546 Credit Value: 15 QCF Level: 4 Module Tutor: Bhupinder Singh Email: Bhupinder27@gmail.com Date Set: SCOPE OF THE COURSEWORK Learning outcomes and criteria covered by this assignment: • All pass criteria (P1-P12) • All merit descriptors (M1-M3) • All distinction descriptors
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L3 90 Credit Diploma in Business Unit 1 – The Business Environment Assignment Learning Outcomes – on completion of this unit you should; 1. Know the range of different businesses and their ownership 2. Understand how businesses are organised to achieve their purpose 3. Know the impact of the economic environment on businesses 4. Know how political‚ legal and social factors impact on business Task 1 – Submission Date 27/09/2012 You are working as a business journalist for the Express
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is a Business Environment? Answer A Business Environment is the physical and operational factors‚ both internal and external‚ that affect the flow of activities in a business. They include; customers‚ competitors‚ suppliers‚ distributors‚ industry trends‚ substitutes‚ regulations‚ government activities‚ the economy‚ demographics‚ social and cultural factors‚ innovations and technological developments. (2)What Are the Types of External Business Environments? Answer There are many types of external
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| | | Introduction: Tata Group is having more than 100 operating companies in seven different business sectors. They are; * Communication * Information technologies * Engineering materials * Services * Energy * Consumer products & chemicals TATA Group is operating in more than 80 countries across the globe. TATA steel is one of the top 10 steelmakers and TATA motors are among the top 5 vehicle manufacturers in the world. The major
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Business Environment Business environment consists of all the internal and external forces that influence the operating situation of a company. Business environment has a dynamic and complex nature and it impacts greatly the survival and growth of a company. External factor consists of political factors Political factors (Taxation Policy‚ Unemployment Policy etc.)‚ Economical factors (Inflation rate‚ Recession or Boom etc.)‚ Socio-cultural (language‚ values‚ religion‚ beliefs etc. )‚ Technological
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