P2 Introduction In this assignment I will be talking about key stakeholders who influence the purposes of two businesses‚ the business I have chosen are Tesco and Asda. Also I will be talking about the interest of owners‚ customers‚ suppliers‚ employees‚ trade unions and shareholders have in the businesses. Another point I will be talking about is why business have to consider local communities and pressure groups when operating their business. Tesco and Asda key Stakeholders are; Customers:
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| | | | |P1:describe how marketing techniques are used |M1:compare marketing techniques used in |D1: evaluate the effectiveness of the use of | |to market products in two organizations |marketing products in two organizations |techniques used in marketing products in one | | |
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Assignment front sheet Qualification Unit number and title BTEC Business Level 3 Diploma/Subsidiary Diploma Unit 1 The Business Environment Learner name Assessor name Sadia Khanom Mr Faruk. Date issued Hand in deadline Submitted on 10/11/14 18/11/14. Assignment title The Economic Environment Scenario Your earlier newspaper article has been well received and the editor has asked you to write a follow up article regarding the impact of different economic environments for a business considering
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total dollar value of all goods and services produced over a specific time period - you can think of it as the size of the economy. Usually‚ GDP is expressed as a comparison to the previous quarter or year. For example‚ if the year-to-year GDP is up 3%‚ this is thought to mean that the
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Explain the Different Types of Market Structures There is a spectrum of markets structures that exist. At one extreme you have the monopoly structure‚ where the market is dominated by one company with little competition. At the other end of the spectrum you have perfect competition‚ where the market is made up of about 100 small companies who would own about 1% of the market each. Towards the middle of the spectrum you have the oligopoly structure where the market is of about 4-10 companies who
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MANAGEMENT INFORMATION SYSTEMS SUMMARY ( LECTURE NOTES 1 – Information Systems in Global Business Today) 1. Explain why Information Systems are so essential in business today. ØInformation Systems are fundamental for conducting Business today. ØIn many industries‚ survival and even existence is difficult without extensive use of Information Systems. ØInformation Systems have become essential for helping organizations operate in a global economy. ØOrganization are trying to
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in HOW MUCH DO CREDIT CARD COMPANIES KNOW ABOUT YOU? 1. What competitive strategy are the credit card companies pursuing? How do information systems support that strategy? 2. What are the business benefits of analyzing customer purchase data and constructing behavioral profiles? 3. Are these practices by credit card companies ethical? Are they an invasion of privacy? Why or why not? IS THE IPAD A DISRUPTIVE TECHNOLOGY? 1. Evaluate the impact of the iPad using Porter’s competitive
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Fundamentals of Information Systems Fourth Edition Chapter 2 Hardware and Software Principles and Learning Objectives • Information system users must work closely with information system professionals to define business needs‚ evaluate options‚ and select the hardware and software that provide a costeffective solution to those needs – Identify and discuss the role of the essential hardware components of a computer system – List and describe popular classes of computer systems and discuss the
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conducting business . Information system are the foundation of fast paced supply-chain. The internet allows many business to sell ‚ advertise ‚ and solicit customer feedback online. Organizations are trying to become more competitive and efficient by digitally enabling their core business processes and evolving into digital firms. The internet has stimulated globalization by dramatically reducing the cost of producing ‚ buying ‚ and selling goods on a global scale. New information system trends include
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In this I will be explaining the profit and loss of the Domestic Dog Homes along with the explanation of the balance sheet of Domestic Dog Homes. The profit and loss account is a type of business information which companies or Domestic Dog Homes (DDH) can use to see the financial performance of their company over a certain time period. The profit and loss account shows the sales‚ cost of sales‚ gross profit and net profit from the DDH trading accounts it shows that DDH made of gross profit of
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