Unit 3: P5 - Explain how and why groups of customers are targeted for selected products. When targeting a group of customers a business needs to choose an appropriate type of segmentation method. There are 5 types of segmentation that a business can use to target their customers. Demographical: taking a certain segment of the population and grouping them according to categories such as age‚ gender‚ income‚ occupation and so on. Psychographic: when a certain segment of the population is taken and
Premium Marketing Marketing research Psychographic
P5 – identify the systems used in an organisation Management information Systems The management information system helps the managers with reports by giving them access to the organisations Management information systems MIS: are the computer systems in an enterprise that provides information about its business operations. The management information system is the centrally coordinated system of a computer expertise and management‚ The MIS is the computerized database of financial information
Premium Knowledge management Management Customer service
BTEC National Level 3 Certificate/Subsidiary Diploma in Public Services Unit 3 Citizenship‚ Diversity and the Public Services Assignment: Diversity and Equality of Services Date of Issue: Assignment Deadline: Assignment includes: P5 Review the methods used by public services to ensure they have a diverse workforce P6 Explain the duty of public services to provide equality of service to all citizens M3 Analyse the effectiveness of the methods used by public services to promote equality and
Premium Discrimination Affirmative action Minority group
Assignment 3 P5 Trends and Factors Trends A trend is something that is reoccurring more and more often until it becomes a popular thing to do. The first trend I am going to explore is the greater flexibility of booking products. This has become possible due to alterations in the traditional chain of distribution. This relates to the trend of using the internet to book holidays as it is a lot through this in which people can book their products. The reason for this that the services such
Premium Marketing Economics Business
Executive Summary: Cadenza is a small limited business created and managed by me‚ Rivea Jefferson‚ as an attempt to help people who are lacking the knowledge in music to be able to compose beautiful pieces of music to play alongside their own work. This could help game developers achieve the next level of wonder within their games‚ or could help to create a pleasant atmosphere for people to ride in an elevator in. The company provides music composition services to anyone who makes requests
Premium Music Piano
Unit 19 P5 Team name: Team four (Sean‚ Danny‚ Charlotte‚ Dillon.) Team Leader: Sean Market research/ how we decided on product prices and promotion Product At the start of the project we all had a meeting together to discuss what would be the most suitable and the most popular products to sell within the college. We wrote down all the possibilities such as fizzy drinks‚ raffle tickets‚ cakes etc. In the end we decided we wanted to do something with sweets‚ as there are many vending machines in
Premium Sales Marketing Price
Unit 16 – Human Resource Management in Business Assignment 5 ► Hand out date: 1st June ► Hand in date: 15th June P5 explain how employee performance is measured and managed M3 explain how the results from measuring and managing performance inform employee development D2 assess the importance of measuring and managing employee performance at work. For your final task in your new role as recruitment consultant of ‘Dave’s Management’ you have been asked to investigate and write a report on how
Premium Management Gross profit margin Human resource management
P5- In this task I am going to look at how The business are impacted by European and international factors‚ I will also look at what impact these factors cause The business The first implication that will impact The business is the European Union‚ which has been in a deep recession this is because consumer demand has fallen‚ whilst unemployment rates are increasing across the European union. This has caused great concern to global markets as the possibility that Greece may not be able to
Premium Inflation European Union Monetary policy
P5 – Roles and responsibilities of the team in preventing infection. Director The key role of a director is to manage the infection policies and making sure all of the staff have one and understand it to the full extent. The director must know what to do if an outbreak happens. Reports of any outbreak must be made‚ no matter how small. The director must have plans of what to do if an outbreak occurs and needs to make sure that all staff know what they are doing. The director must also protect
Premium Hospital Hand sanitizer Infectious disease
Sly Ferreira P5 Explain the competitive pressures on selected contrasting business organisations to develop their use of e-business. In this assignment I will be explaining the competitive pressures that have faced two contrasting organisations which are Amazon and Refuge. Amazon and Refuge Amazon is a public organisation that is owned and controlled by the government. They aim to provide public services. Amazon is an organisation that provides customers with products and services from the internet
Premium Marketing Management Competition