------------------------------------------------- UNIT 1: THE BUSINESS ENVIRONMENT ------------------------------------------------- P3 & P4 GUIDANCE CRITERIA: P3: DESCRIBE HOW TWO BUSINESSES ARE ORGANISED P4: EXPLAIN HOW THEIR STYLE OF ORGANISATION HELPS THEM TO FULFIL THEIR PURPOSES ------------------------------------------------- CONTENT: ------------------------------------------------- ------------------------------------------------- ORGANISATIONAL STRUCTURES:
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Task 7 (M1) Boom The boom is a period of time that follows the recovery phase in a standard economic cycle. Some of the characterised features of a Boom are: a rising stock market‚ low rate of unemployment‚ working at full or near full capacity and a strong customer demand. (Business Dictionary‚ Online) The benefits of operating in a boom One of the benefits of operating in a boom is the customer r demand for products
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M1 assess the implications of health‚ safety and security legislation and regulations for a business role in a workplace environment. 1 Introduction In this report I am going to be talking about the role of the Health and Safety Officer in Kingston College. In this report I am going to be explaining the Health and Safety Officer’s role and responsibilities‚ the
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Task 1 Part A: Akpo Akpo will be a multisport complex situated in Seasiders Way‚ Blackpool‚ FY1 6JJ [’http://www.rightmove.co.uk/commercial-property-to-let/property-37984746.html’] ‚ that will give us enough space to develop the business. There are currently no other sport facilities like this in this area. The idea came from my background in extreme sports/ sports‚ mostly because I couldn’t find all of them in the same place and I had to travel to be able to do it. In this assignment I will
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Section 1 – Know the employment rights and responsibilities of the employee and employer 1. Identify four main points that would be included in a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). • Employer’s name (WCS Environmental Ltd) • Employee’s name (John Smith) • Date of commencement of employment (16.4.2013) • Duties and responsibilities (description of work that you do like liaising with customers…)
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Section 1 – Know the employment rights and responsibilities of the employee and employer 1. Identify four main points that would be included in a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). Four main points that would be included in a contract of employment: Employer’s name: The name of the business you will be working for. (The restaurant group - Chiquito) Main place of work: This is usually the
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Explain the implications for the business and stakeholders of a business operating ethically. (P2) All businesses have a number of stakeholders each with individual interests in what the business does‚ the owners (In co-ops case‚ the members) will want good financial gains from their investments. Businesses such as co-op should be managed with the interests of all stakeholders in mind. Stakeholder is anyone with an interest in a business. Stakeholder can be individuals‚ groups or even organisations
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perspectives. M1: Choose 2 perspectives and extend your explanations to access them. i.e. look at all the factors in detail and assess how useful they are to study human behaviour. In this essay I will be talking about the 6 perspectives which are; social learning theory‚ behaviourism theory‚ biological theory‚ psychodynamic theory‚ cognitive theory and humanism. I will be talking about the theorists involved with psychology and the tests they done to prove their theories. Psychology is the study of the
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Unit 4: business communication P1: Describe the types of information used in your organisation‚ choosing one from each of the following categories: verbal‚ written‚ on-screen‚ multimedia‚ web based. The organisation I have chosen to write about is the NHS‚ this is a government organisation which is funded by taxation and enables all UK residents to be entitled to free healthcare. Verbal Communicating information verbally by speaking face to face can be the best way of communicating as there is less
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Chapter 1 - People in Business Stakeholders Entrepreneur - a person who spots an opportunity and takes the initiative to set up a business to make a profit. Entrepreneur takes a big risk when setting up a business‚ both financial and personal risks. eg; Bill Gates set up Microsoft. Investor - is a person who provides capital to the entrepreneur that she needs to set up and run a business‚ in exchange for return on investment. Dept capital - money returned with interest or Equity finance - return
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