Explain the benefits of knowing the purpose of communication. Communication is key in any business‚ it keeps the productivity of the business high and all colleagues feel part of the team as well as the company if they are being communicating with properly. It is also important to communicate with customers properly via phone‚ email‚ fax etc. By not communicating with customers properly we could lose their business and potentially develop a bad reputation. At Traplet it is extremely important we communicate
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388937544450Unit 1- The business environment Assignment 1: Business structure and its stakeholders P1‚ P2‚ M1‚ D1 24/10/2014 00Unit 1- The business environment Assignment 1: Business structure and its stakeholders P1‚ P2‚ M1‚ D1 24/10/2014 3213100276415500 Task 1: Compile two tables one for each type of business and discuss their purpose and ownership of each of two contrasting businesses. Type of Business Matalan started off as a local business in Preston‚ it then became national
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social factors are impacting upon the business activities of Wal-Mart and Tfl. For businesses‚ this is important because they need to know how these change such as political decisions made by the government or changes to the law or changes that take place in society over time is going to affect their business. Political Factors Political factors is an external environment in which a business functions. This is a type of external constraint for a business and are related to actions of governments
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What is meant by human resources? The department or support systems responsible for personnel sourcing and hiring‚ applicant tracking‚ skills development and tracking‚ benefits administration and compliance with associated government regulations. http://www.entrepreneur.com/encyclopedia/human-resources What is a job description? A broad‚ general‚ and written statement of a specific job‚ based on the findings of a job analysis. It generally includes duties‚ purpose‚ responsibilities‚ scope‚ and working
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Managing Resources Within this work I am going to explain why business needs to manage their resources when controlling a budget. People One aspect where managing resources will need to be used is for employees and staff as they will need to be able to do the job correctly and to customer satisfaction. For example they will need skills and qualities‚ which will be needed within the job that they are currently doing. This is because they will need to perform the job to the best of their ability
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P1 The Tussauds This group is a now part of a Merlin Entertainments. It is also the world’s 2nd biggest leisure group; it is second because of Disney. This group is based in Poole‚ Dorset‚ from this it manages a lot of brands and also more than 50 attractions‚ some of the attractions are: * The Madame Tussauds (The Tussauds Group is now part of Merlin Entertainments) * Legoland Parks * Sealife Centres * Gardaland in Italy * The Dungeons and the London Eye
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Diploma in Business Administration BM 2011 Business Communication Assignment 1 Name : Cheok Khar Shin Name : See Chun Ching Submitted to : Ms. Shima Shazmimi Date of Submission : Week 3 (Respective of your tutorial classes) 7Cs of Communication What is communication? According to the National Communication Association‚ communication defined as a diverse discipline which investigate by the social scientist‚ social humanist and the critical as well as the cultural studies scholars (National
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P1 Business 1‚ Mokiem Koeriersbedrijf: ‘Mokiem Koeriersbedrijf ‘ is a national business. Their purpose is getting lots of orders from businesses around the country so that they can make a high profit. ‘Mokiem Koeriersbedrijf’ is a courier company. The business is located in the private sector. An individual owns it and one of their biggest objectives is making the highest profit. Business 2‚ Thorbecke Scholengemeenschap: ‘Thorbecke Scholengemeenschap’ is a school. ‘Thorbecke Scholengemeenschap’
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date of the employment • Place of work • Job title‚ duties and responsibilities 2a) List three key points of legislation that affect employers in a business environment. • Health and safety • Data protection • Pay and pensions 2b) List three key points of legislation that affect employees in a business environment. • Pay • Pension • Employment rights and responsibilities 3. Identify a range of places where a person can find information on employment
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service. It operates under a public limited ownership as a tertiary business. A public limited company (PLC) means it is able to offer shares to the public. The owners of these PLC’s are the main shareholders. A tertiary business is one that provides a service to other business or individuals. Federal Express (later known as FedEx) was established in 1973. Ten years later‚ the company reaches $1bn in revenue – the first US business to achieve this status without merger or acquisition. Services extend
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