NVQ in Business Administration Level 2; Unit 3: Work in a business environment Learning outcomes: 1.1 – 5.2 Unit 3: 1.1: Describe what is meant by diversity and why it should be valued. What is meant by diversity is that even if someone may be of the same species there will always be differences in their appearance‚ their personality‚ their beliefs and many other differences. The reason as to why it needs to be valued is because without any form of diversity then everything would
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patients. The influence that they hold to the business is that if it wasn’t for the patients there would be no NHS‚ and also if there were no patients or people getting ill or sick they would not have discovered any of the diseases that are around today‚ which means there wouldn’t be as much medication and antibiotics around as there are today. Customers for Cadburys are the ones that have kept them running and helped them make a profit in there business‚ by buying Cadburys chocolate confectionary
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A directive leadership style might be helpful for a manager within a business where their subordinate staff members have jobs that are not particularly specialized and so they need more guidance to avoid uncertainty. Margaret Thatcher Personlighet Straight forward – sometimes almost aggressive Great speaker Self confident
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Unit 3 P1 Describe how marketing techniques are used in the marketing of products in two organisations Product cycle Introduction The businesses and products I chose happened to be‚ Nike and their Mercurial football boots‚ and Sony and their PS3 gaming console. I chose these products because I think they are both reasonably diverse‚ and in their time‚ both these products have experienced a range of sections within the product life cycle. For example‚ due to Nike’s football boots having to be constantly
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Chapter 4 accounting for merchandising BUSINESSES Problems P4–1 1. AQUA CO. Income Statement For the Year Ended June 30‚ 20Y8 Revenue from sales: Sales $ 3‚625‚000 Less: Sales returns and allowances $ 37‚800 Sales discounts 20‚200 58‚000 Net sales $ 3‚567‚000 Cost of merchandise sold 2‚175‚000 Gross profit $ 1‚392‚000 Operating expenses: Selling expenses: Sales salaries expense $ 388‚800 Advertising expense 45‚900 Depreciation expense—store equipment 8‚300
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UNIT 4: Business Communication Introduction In this unit I will be required to write a report of the types of communication used within a business. Effective communication is an essential part of a successful business. Communication involves the transmission of information from one place or one person to another; this is because the information is communicated in the form of a message. There are two main forms of business communication: Internal communication‚ i.e. communication within the
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Mr Daniel Green started Healthy Drinks two years ago. He started his business with a healthy milkshake in the UK market. Because of his innovativeness and eccentric capabilities‚ the company experienced increased sales in its first year. However‚ the company started facing difficulties in meeting its sales targets because too many competitors also entered into the market. Mr Green wants to add new range of drinks‚ juice or smoothie but he also wants to keep the current products. As an innovation
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In this task I am being asked to explain the challenges of globalization for a selected business when they are using the Internet as a marketing tool. I have decided to use New Look as my selected business. Globalization can be summarized as the process that an organization starts to integrate on a global scale. When it comes to online marketing there are many risks an individual can face when it comes to purchasing online. As this generation is all about technology most things that are set
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Customer benefits HAP has customers come to them in seek of financial help. Specialising in superannuation‚ HAP assists customers in ensuring they have the best return on their investment. The value that Graeme delivers is the extend post sales service. In the interview he stated that he goes above and beyond in ensuring that the customer has full satisfaction post sales. He provides updates to his clients monthly. Quite often the clients that come to visit Graeme and HAP are unaware about how
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it’s too limit‚ inefficient and always got wrong signal from others. We also will have external influences because we can’t communicate with new customer from different countries. Company cannot be develop and also missing comparative advantage. Business will no longer
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