D1: Evaluate the influence different stakeholders exert in the organisation. Introduction Each stakeholder is important to the business‚ however‚ some are more important than others. I have chosen the top three that I think are the most important and in this word document‚ I will evaluate how these stakeholders influence the NHS and McDonalds. McDonalds Owners The owners are very important in McDonalds‚ because they’re the people that invest in the business and make sure that it runs smoothly
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Unit 39 P4 Describe how the monetary environment affects businesses that operate internationally The business that I will be talking about in this assignment is Tesco What is monetary environment? Tesco is located in different parts of the world; it is an international business with stores in Asia and Europe. Tesco need to think about the business as one‚ even though they have stores in different parts of the world‚ they still make plans for Tesco as one. Tesco established and promoted- Tesco
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BTEC L3 Diploma in Business Unit 21: Aspects of contract & Business law Date issued: Monday 14th March 2011 Completion date: Friday 15th July 2011 Assessment and assignment Activities Learning Outcomes On completion of this unit a learner should: 1. Understand the legal requirements for a valid contract 2. Understand the meaning and effect of terms in a standard form contract 3. Understand the impact of statutory consumer protection on the parties to a contract 4. Know the remedies available
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The marketing department was heavily crucial to the success of the iPad‚ as production‚ sales‚ and research/development‚ heavily revolve around marketing. The marketing department find out what customers want‚ and plan advertising to attract them. This makes it a very vital area because if the marketing goes wrong‚ everything else isn’t as effective. If the marketing fails then the production will start producing products which nobody will want to purchase. This will mean ‘Finance’ will have to re-calculate
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P3- How businesses are organised. and P4- How the style of organisation helps to fulfil their purposes. My two organisations are H&M (profit-making) and MAA (non-for-profit)‚ as researched in Task 1. The purpose of having an organisational Structure: Division of work: Division of work is essential in any type of organisation‚ big or small‚ everything has to be organised and carried out with care. H&M is a very large international business‚ therefore a lot needs to be completed and managed‚ as any
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Homework 1 ( Assignment 1 of 3) Scenario Billie Brown is planning to leave her job with a leading airline to set up business as a full time potter. To promote the business she will need a web site and she also wants to produce a catalogue that can be sent to prospective customers. In addition‚ she will need business cards and advertising leaflets. All marketing materials will need to include the company logo (which she has yet to create). Billie did a photography course many years ago
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BTEC Level 3 in Business UNIT 3 - MARKETING ASSIGNMENT 1 P1 Marketing Techniques Graph below shows Ansoff’s Matrix strategies. Market penetration (existing product on existing market). Market penetration uses existing products on an existing market. This strategy tries to achieve growth of sales through encouraging brand loyalty‚ encouraging more purchases‚ taking customers from rivals and converting non-users to users. An example of this strategy is
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Describe the promotional mix used by two selected organisation for selected product or service. In this assignment I am going describe about the promotional mix used by two selected organisation for selected product or service. For this assignment I am going to choose two businesses Greenwich Community College and Tesco. These both organisations have their own way for promotional mix for their product and services. Promotional mix Promotional mix is the elements that make up an organisation’s
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P4 In this task I will be speaking about different types of media and some advantages and disadvantages for them. I will be choosing a national campaign and I will speak about the media types they used and how effective they were for the business. TV Advertisement: A television advertisement (variously called a television commercial‚ commercial or ad in American English‚ and known in British English as an advert) is a span of television programming produced and paid for by an organization‚ which
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1. War in Iraq – effecting the oil crisis: Nowadays the war in Iraq has been effecting the oil price in a negative way. Because of the war‚ the oil price has risen dramatically. When the war just started (2003-2004)‚ an oil bar was $24‚- a barrel. It went up to $143‚- in 2011 and nowadays the price fell down to $122‚80 which is still almost 5 times the price it was before the war. The rise of the oil price has been a disaster for all the people around the world because the benzene/gas prices
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