Market research The process of assessing the viability of a new product or service through techniques such as surveys‚ product testing and focus groups. Market research allows a company to discover who their target market is and what these consumers think about a product or service before it becomes available to the public. Market research may be conducted by the company itself or by a third-party company that specializes in market research. Test subjects are usually compensated with product samples
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UNIT 16 P1/M1 INTERNAL PLANNING FACTORS EXPLANATION Why it is important? ORGANISATIONAL NEEDS The priority concerns and requirements of an Organization’s customers and stakeholders. The state of organization performance in relationship to its mission and goals The state of knowledge and ability of organization employees The workforce needs to be able to adapt to changes. Changes in a business happen very regularly and it can affect the way a business is run. Internally
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no jobs going but handed in a CV. * Sent a e-mail to grainger games sending a CV and job req. * Applied online at B&Q for a job on the trade counter it took me about 2 hours. * Applied online at next in Middlesbrough it took me about 1 hour. * Phoned Absolute Aquatics on 01642 285513 and asked if they have any jobs they didn’t. * Phoned Tyne Tees Aquatics on 01642299424 and asked if they have any jobs they didn’t. Friday 08/02/13 * Went on the universal jobmatch nothing
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caring for service users. Therefore‚ identifying their needs is the first step into providing the best care for them. An example of some research that identifies need is The Family Nurse Workforce: A Study for the Family Nurse Partnership National Unit. This research is important because it gives information about what the Family Nurse Partnership programme is‚ and what they do‚ which is to provide protection and support for vulnerable young first time mothers. The service offers home visits carried
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P1- Describe how marketing techniques are used to market products in two organisations. Cadbury The marketing techniques that Cadbury use could be things such as: branding‚ relationship marketing‚ growth and survival strategies. Growth Strategies Cadbury uses market penetration strategies to keep people aware of their brand. They do this all in their current market. They do this by selling more to existing customers‚ like selling their products in multi-packs. This means that the customers can
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Marketing‚ raising awareness of products and services Definitions Market penetration- its selling a existing a product in a existing store for example a Tesco in Brighton‚ as there are products in the existing store. New product development- new product development is doing research and development on the product‚ for example researching the advantages and disadvantages on the previous product and seeing what improvements could be made. Developing
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like how difficult it was it to get there and what the best part of the job is. This can give confused people more information and perhaps narrow down there choices for a career. | | http://www.brightknowledge.org/knowledge-bank/business-and-finance/careers-in-business | Bright Knowledge was very useful because after selecting a topic for jobs it shows all related jobs‚ and within those sections it has paragraph after paragraph of the skills that are required and what those skills mean/include.
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Unit 4 – P1 – explain different types of business information‚ their sources and purposes Verbal Communication Speaking verbal to someone is speaking out loud. This includes talking face to face‚ in a meeting or in an interview. The advantages of verbal communication are it is a fast way to reach information but this information can be easily forgotten. Another advantage is that speech is direct and straight to the point. Another advantage is that if you ask a question you get answer straight
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Intellectual development in childhood‚ is one of the most important types of development in this life stage. This is where children learn many new things such as reading‚ writing and counting. At the age of 4‚ George would have started school. In the early school years‚ George would be extremely curious and he would have been likely to ask a lot of questions about his environment. He would have also had a better sense of time. His attention span would had increased from 5 to 15 minutes. He would
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examples For this part of my coursework I am going to find out about three different sectors which are primary‚ secondary‚ tertiary. For each of them I will give two examples for each local and national businesses. Primary Sector The activities of businesses in this sector are all involved with producing or obtaining raw materials or natural products from land or the sea. The main categories are shown in the following. Agriculture‚ hunting and logging: the production such as vegetables
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