Unit 1 The Business Environment Section 1 P1: Describe the type of business‚ purpose and ownership of two contrasting businesses Revlon Colorstay Foundation The product I have chosen is Revlon Colorstay Foundation. Foundation is a skin colored cosmetic to cover imperfections and create an even complexion. There are many different types of foundation such as liquid‚ powder‚ tinted moisturizer
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Unit 1 Exploring Business Activity Assignment 3 P5 In this essay I will be describing how three external factors are impacting upon the business activities and stakeholders of John Lewis and Oxfam. The first of the three external factors I have chosen is the credit crunch. The credit crunch is a decline in the availability of loans or a tightening of conditions required to take out a loan from banks. It also means that there are reductions on the interest rates set up by banks for saving
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388937544450Unit 1- The business environment Assignment 1: Business structure and its stakeholders P1‚ P2‚ M1‚ D1 24/10/2014 00Unit 1- The business environment Assignment 1: Business structure and its stakeholders P1‚ P2‚ M1‚ D1 24/10/2014 3213100276415500 Task 1: Compile two tables one for each type of business and discuss their purpose and ownership of each of two contrasting businesses. Type of Business Matalan started off as a local business in Preston‚ it then became national
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service. It operates under a public limited ownership as a tertiary business. A public limited company (PLC) means it is able to offer shares to the public. The owners of these PLC’s are the main shareholders. A tertiary business is one that provides a service to other business or individuals. Federal Express (later known as FedEx) was established in 1973. Ten years later‚ the company reaches $1bn in revenue – the first US business to achieve this status without merger or acquisition. Services extend
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Political Tesco has to pay corporation tax which comes out of the revenue as a cost which lowers the overall profits which the business receives this will affect them expanding/growing the business even more by maximise profits and having lots of retained profits to help keep the business expanding/growing. Tesco can be affected heavily by taxation from corporate tax‚ environmental tax‚ and even value added tax even though value added tax is put on top of
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Describe the business strategies used by a business operating internationally. Tesco has a good progress and their strategy is made up of of five elements: To be a successful international retailer To grow the core UK business To be as strong in non-food as in food. To develop retailing services - such as Tesco Personal Finance‚ Telecoms and Tesco.com To put community at the heart of what we do. International marketing is when a company makes one or more marketing mix decisions across borders
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Unit 12- Internet Marketing P6 Globalisation is the process by which the world is becoming increasingly connected as a result of massively increased trade and cultural exchange. Globalisation has increased the production of goods and services. The biggest companies are multinational organisations with businesses in many countries. Even though globalisation is helping to create more wealth in developing countries it isn’t helping to close the gap between the world’s poorest countries and the world’s
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Unit 2 D1 assess whether a selected business meets its aims and objectives. Introduction In this criterion‚ I will be focusing on the aims and objectives of McDonalds and I will be seeing if I think that McDonald’s are meeting their aims and objectives. I will provide evidence to support my judgements. Here are the aims and objectives for McDonalds. McDonald’s aim to be the UK’s best fast service restaurant experience. Do they do this? Yes they do because being the best means
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Limitations and constraints on marketing activities Task 1 Read each of the examples of marketing activities that might be carried out by business in the table below. For each example suggest a law that the business might be breaking and the reason why. |Example |Possible legislation being broken and why | |A picture on the packaging that shows better quality ingredients |Sales of goods
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Unit 3: Introduction to marketing Task 6 Draft/version: 1 Tutor: W. van Gaasbeek Student: Oussama Fadlaoui Class: IBS 1b Date: 30-10-2014 Notes per slide Slide 1 The business I have made up is a business-to-business company which imports fresh mint tea of the best quality from Morocco. MoroccoTea is an international company importing fresh mint tea from Morocco and sells it to other businesses for a profit. Slide 2 My target audience mainly consists of the Moroccan people who immigrated
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