BTEC First Diploma In BUSINESS Level 2 Vocational Assignment Unit 16 Business Enterprise SCENARIO: P1. Explain how knowledge of personal strengths and weaknesses can be applied to preparing for and contributing to a business When setting up a business you need to have passion‚ confidence and knowing your skills set. The business I intend to set up is a Window cleaning business. There are certain things needed to follow to set up me business and they are Strengths‚ Weaknesses
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Task 3: (P3)‚ (P4) and (P5) Unit 16: Starting Up Your Own Business Business Plan Name of Business: Edas restaurant Name: Sade Business Address: Flat 9 Merstone House‚ Borrodaile Road‚ SW18 2LF Nature of the business & Unique Selling Point: Fresh food and a unique fish. Long-term plans for the business: To expand the business globally Legal status: Partnership
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Unit 16: Human Resource Management in Business ‘Managing People’ Describe how your organisation obtains the co-operation of its employees through the contract of employment and employee involvement techniques. Employee Co-operation Contracts of employment An employment contract is a written legal document that lays out binding terms and conditions of employment between an employee and an employer. The employers in ZARA need to makw sure that their employees are aware of what rights and responsibilities
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What functional areas are? Functional area refers to the method of dividing an organization into different segments where the respective segments that are divided will serve as fully functional units that perform stated functions. For example‚ a company’s sales department is a common functional area‚ and the staff in this area would all be focused on selling the company’s products. Explain why functional areas are important to a business? A business’s functional areas are the departments depending
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BTEC NATIONAL IN BUSINESS (LEVEL 3) Unit 16 – Human Resource Management in Business The study of human resource management will help you understand an organisation‚ its structure‚ the way it works and its culture. Organisations need their employees to contribute effectively to the achievement of the organisational purpose. In order to achieve this‚ staff will have to be properly selected‚ trained and managed. Managers have to understand how to motivate employees and win their commitment to the
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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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Unit 16 1.1 Explain each of these terms; a) Speech- speech is the language that we vocalise. It is based on sound not symbols. A child needs to learn a number of sounds in order to speak. For example a babies speech would be the sounds the make‚ “goo‚ goo”‚ “gaa‚ gaa”. They are not able to communicate. b) Language- language is very specific. It refers to the fact that a child needs to know sounds to be able to understand language. For example‚ when a child understands that the sounds D-O-G makes
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Sam Smith 129 Totteridge Close High Wycombe Bucks HP12 7XL Mr R Bob 12 Rain Avenue Oxford HQ14 7HE 9th November 2012 Dear Uncle Bob‚ I am writing this letter to you because I am sure that you know that many small businesses in the area have failed‚ as they did not know their market and I understand that you don’t want me to make this mistake. This is why I want to prove to you that I can make my business successful‚ by mentioning how I will prepare to market and sell my products/services
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Unit 16 P1 Internal factors for HR planning: Organisational needs: A demand for goods and services in an organisation needs to be considered. If there is a high demand of good/services‚ the organisations’ staffs have to cope with the demand or they need to employ more staff. The organisation can use sales trends to help in planning. Technological changes: Where there is technology available‚ organisations can increase production without necessarily increasing in staff. Staff can be re-trained to
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Unit 2 Outcome 1‚ AC 1‚ 2‚ 3- table Complete all columns in the table below. Functions/skills of management Functions/skills of leadership Differences between management and leadership Planning Identifying workloads‚ responsibilities‚ collective goals. Delegating tasks and responsibility and ensuring employees work together to meet personal and workforce goals. Planning Staffing requirements and rota’s Recruitment‚ selection & placement. Training & development. Performance appraisal
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