Unit 1 – the Business Environment Assignment 1- Types of Business Task 1 Tesco is a private organisation from the UK. Tesco is a supermarket which provides people with things they need like food and drink. It provides people with both a product and a service. In competition with Tesco are the other three major supermarkets from the UK‚ Morrisons‚ Asda and Sainsbury’s. Sainsbury’s increased its market share over the past year‚ it grew from 16.4% to 16.6% and had a growth of 5.1%. The other retailers
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P4-Describe the benefits and opportunity to the business of using internet marketing within the marketing mix? An effective ’Marketing Mix’ including all 7 is a way of identifying a businesses achievements of marketing objectives‚ meeting customer needs‚ is balanced and consistent‚ creates a competitive advantage and matches corporate resources. ’It is known as a “mix” because each ingredient affects the other and the mix must overall be suitable to the target customer’. The 7p’s include:
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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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wider coverage of business and external issues‚ including political‚ economic‚ social‚ technological‚ legal and environmental factors. A SWOT analysis allows McDonald’s to consider advantages that may help tell the differences between them and their competitors. Analysing weaknesses shows what McDonald’s can do to improve their business in order to gain more customers. Opportunities and threats analysis help McDonald’s determine the current and future viability of their business plan. With PESTLE
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P4 - Describe the key benefits and opportunities presented by internet marketing activity for Viola Drinks Ltd. and again how this help formulate and change the marketing mix for the business. In this assignment I will describe the fundamental benefits and opportunities presented by internet marketing activity for Viola Drinks Ltd. and furthermore how this helps formulate and change the marketing mix for the business. Internet marketing brings a lot of opportunities and benefits to businesses
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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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P4: Describe the meaning of terms in a standard form contract P5: Explain the effect of terms in a contract D1: evaluate the effectiveness of terms in a given contract In this assignment I will be… Describing the meaning of terms in a standard form contract. Explaining the effect of terms in a contract I will also be evaluating the effectiveness of terms in a given contract. A standard form contract is a contract made between 2 or more parities using their standard set of terms. A contract is
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M1 Unit 2 business In this document I am going to be discussing the differences and the similarities between the business aims and objectives of a restaurant and a charity and explain why they are different. The restaurant The aims of the restaurant are to make money and the business will then put back any money into the business to make it expand and also to pay wages. The restaurant also wants to be serving high quality food to maximize profit‚ an objective for the restaurant is too break
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1.Define globalization and international business and explain how they affect each other. 2.Why companies engage in international business and why the growth of international business has accelerated? 3.Explain the major causes of cultural differences and change. 4.Discuss the problems and methods of learning about cultural environments. 5.List and describe the various modes of international business as described in the text. 6. What is the different between licensing and franchising? 7.What
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P4) Review factors that have contributed to one declining destination (Cyprus) and one developing (Greece) in the European travel market. Developing destination: Greece Greece is also known as Hellenic Republic‚ the first country in Europe to advance civilization‚ Greece is one of the most visited country in Europe locate in southern Europe near Albania‚ Turkey‚ Bulgaria‚ and Rep. Macedonia. Greece is the home of the Olympic Game; Olympic game is popular in Greece‚ also across the world. People
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