Voluntary business: Warchild Warchild is a voluntary organisation that operates internationally‚ they work in diffirent country’s and also advertise in different country’s. The reason that Warchild exists are the war’s in Africa and the use of child soldiers in it‚ the founders of Warchild wanted to help them‚ and they wanted to do that on a big scale so therefore Warchild was founded. The products and services of Warchild are being supplied below cost (for free mostly‚ since the (ex-)child
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M1; Analyse Cash-Flow Problems Cash-Flow problems and causes Too much stock; Having too much stock within the business which will tie up the cash that the business has and by having too much stock there is an increased risk that the stock won’t be able to be sold. Low profits or losses; The business isn’t making enough money in profit and maybe making a loss‚ which could lead to the business running out of money and therefore needing to close down. Overtrading; This happens when a business expands
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Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My
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they get regular customers by giving them loyalty cards‚ promotions such as “buy one get one free”‚ discounts and other special offers. Sainsbury’s are getting regular customers which bring in more profit which then can be used to help expand the business even more. Customers demand cheaper products so local and national stores such as Sainsbury’s will try to have the cheapest products for customers to buy which then encourages competition between the stores‚ whichever store has the cheapest price
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more authority than those lower down because it is arranged in order a person who works at the checkout will have no good communication with ceo of jd organisation this is important. everyone within the company needs to understand their role in the business’ structure also the ceo will earn a lot more than the checkout person but the finance manager and market research human resources and others who just work below the CEO will have a better communication with the finance and other people who works
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1. Perform a STEEP analysis to understand the general environment facing Great Lakes. How will Great Lakes be affected by external factors? 2. Use Porter’s Five Forces Model to analyze the lead additives industry in the US. Given this analysis‚ is the industry attractive or unattractive? 3. Using the 3I’s framework determine Great Lakes’ immediate‚ impending and invisible competitors. How does Great Lakes measure up against these competitors? 4. What are the main capabilities
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Components of business environment On the basis of extent of intimacy with the firm‚ the environmental factors may be classified into different levels or types. There are broadly two types of environment‚ the internal environment‚ i.e. factors internal to the firm and the external environment i.e. factors external to the firm which have relevance to it. The internal factors are generally regarded as controllable factors because the company has control over these factors; it can alter or modify such
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Information : this comes from a wide variety of sources and an effective business person will research information from a range of sources before making decisions. Verbal information : Face-to-face verbal communication is best way to communicate . There is less scope for misunderstanding and it allows for verbal and non-verbal massages . Written information : Writing is the use of physical symbols to present words . Words are the sounds that make up speech . But this definition can be broadened
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M1 In this task I am going to create an information sheet which will compare the purposes of the different documents used within the recruitment and selection process. Person specification: The purpose of the person specification is to provide details about the type of person required such as attributes‚ personality for example qualifications. The person specification often includes Knowledge and Skills Experience‚ Personal‚ attributes‚ Interests and qualifications. Job description: The purpose
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Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. * The first thing you need to do is save a copy of this document‚ either onto your computer or a disk * Then work through your Assessment‚ remembering to save your work regularly * When you’ve finished‚ print out a copy to keep for reference * Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor
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