Business Level 2 Unit 1 Business Purposes Contents Introduction about the Unit 2 P1- Identify the purpose of four different business organisations. 3 P2- Describe the different types of business ownership‚ linking this to the size and scale of four different organisations. 6 P3: Explain how businesses are classified using local and national examples 8 P4- outline the role of the government in creating the business climate. 10 P5: Explain the characteristics of the local business
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P1-Describe the type of business‚ purpose and ownership of two contrasting businesses Range of different businesses There are different types of business‚ from local to global. Local businesses are those that set up in local towns. The businesses that start to expand across the country are considered to be national. When business starts to sell goods abroad it becomes international. Businesses that spread across the globe are called global businesses. The table below shows examples of each type
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INCLUDE THIS INFORMATION with EVERY ASSIGNMENT. Introduction In this assignment I will be researching the Business Environment and the Business Organisations‚ I will learn why Businesses operate in different ways and how strategies are developed to meet an ever changing market both national and globally. Section 1 Understanding the Organisational Purposes of Business. There are several terms to describe the word Organisation; A company set up to be profitable‚ a company set
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Create a plan for the collection of primary and secondary data for a given business problem-p1 Data is a plural of datum‚ which is originally a Latin noun meaning "something given". Today‚ data is used in English both as a plural noun meaning "facts or pieces of information". Data is simply a "scientific" term for facts‚ figures‚ information and measurements. Example; People with white hair. Data collection by an organisation can be internal or external. Internal data- Information‚ facts
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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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Marketing Techniques P1 & M1 1. Examine the marketing techniques below‚ explain how each of the businesses utilise these marketing techniques to market their products (look at news articles for both businesses) |Marketing Techniques |Business1:Coca-Cola |Business2:Mc Donald’s | | | | | |Growth Strategies
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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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Unit 1 – the Business Environment Assignment 1- Types of Business Task 1 Tesco is a private organisation from the UK. Tesco is a supermarket which provides people with things they need like food and drink. It provides people with both a product and a service. In competition with Tesco are the other three major supermarkets from the UK‚ Morrisons‚ Asda and Sainsbury’s. Sainsbury’s increased its market share over the past year‚ it grew from 16.4% to 16.6% and had a growth of 5.1%. The other retailers
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Assignment Title: The role of marketing in organisations P1: Describe how marketing techniques are used to market products in two organisations. Task 1 (a) Tesco Growth strategy Tesco has a well established and reliable strategy for growth‚ which has allowed them to strengthen their business and drive expansion into new markets. The underlying principle for the strategy is to expand the range of business to allow them to deliver strong sustainable long-term growth by following the customers
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the technology in it is ‘the application of knowledge to production’ (Wetherley‚ P 2008). This is because ‘Technology itself cannot do anything. It is how this technology is used that is important’ (Wetherley‚ P 2008) and how people involved in business adopt new technology and exploit its benefits. This means that the actual technology can be complex or simple‚ the defining factor is not ‘In the precise nature of the technology itself but in how it is used and the conditions
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