behavior and the reasons that they act with such. This method investigates the why and how of decision making‚ not just what‚ where and when. This data is based on opinions rather than facts and figures this can also help make a link between the business and the customers. Uses of market research: The purpose of
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Product Topshop benefits from personalisation of products as it helps the business recognise meeting the customer needs better because a customer can specifically make the product by itself online. This means that the business can attain greater customer satisfaction as well as ensure customers remain loyal. Personalisation can also create a better way of communicating and keeping a good relationship with the customer so they can revisit the website more frequently. Topshop are able to personalise
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A PESTLE analysis is used in business to assess the industry which an organisation is in. The PESTLE analysis looks specifically at factors which are external to the organisation which will impact on the business. This is with a view to determining the current role and status of the organisation in relation to its competitors and can be used as a marketing tool. SWOT Analysis. A tool that identifies the strengths‚ weaknesses‚ opportunities and threats of a business. SWOT is a straightforward model
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Assignment brief – QCF BTEC Assignment front sheet Qualification Unit number and title BTEC Diploma in Business (L3) 1: The Business Environment Learner name Assessor name Date issued Hand in deadline Submitted on Assignment title Businesses and their Environments You have just been employed as a junior business researcher for a small business consultancy. As part of your initial training you will research two businesses. The Global McDonalds Corporation; and Isobel Hospice You will
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P4- Explain strategies used in health and social care environments to overcome barriers to effective communication and interpersonal interactions Sometimes in health and social care‚ professionals find it hard to be able to communicate with patients and clients because of reasons such as disabilities. Sometimes people with certain disabilities need help and support in order to communicate with professionals effectively. People with learning difficulties may need to have a advocate with them who
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Task 1 In this task I ’m going to state internal and external sources of secondary information which pizza restaurant is most likely to use and why‚ including advantages and disadvantages. Internal sources – This is information that is already stored in Pizza Restaurant database. It is considered as a first option of information because it is quickest‚ cheapest and most adroit source of data avialable. Sales record. According to the sales record during the last 6 months pepperoni was a bestseller
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Food.gov.uk‚ (n.d.). Food hygiene for businesses. [online] Available at: http://www.food.gov.uk/business-industry/caterers/food-hygiene [Accessed 15 Nov. 2014]. 2. Thompson‚ M. (n.d.). How to Handle Customer Complaints in the Food Service Industry. [online] Small Business - Chron.com. Available at: http://smallbusiness.chron.com/handle-customer-complaints-food-service-industry-41797.html [Accessed 15 Nov. 2014]. 3. Anand‚ N. and K
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Unit 1: Individual Project Heather Stowe AIU Online Abstract This paper is about an inventor who is trying to start up their own business but does not have the financial stability nor the management skills to keep the business afloat. They also need to decide which type of ownership will best fit their business: Sole Proprietorship‚ Partnership or Corporation. Unit 1: Individual Project Becoming a successful inventor is no easy task. It takes hard work coming up with and designing the
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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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shopkeeper in London. In 1907 they merged with The Royal Dutch Petroleum Company. 1.1.1&1.1.2 Having a lot of offices/petrol stations all around the world makes them a global business and it’s a private business because it’s not owned by the government. Their goal is to make more money than they spend‚ so Shell is a profit business. Shell is in all three sectors because they dig oil (Primary Sector‚ they produce the oil (Secondary Sector‚ and lastly they sell it as well at their petrol stations. Their
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