TASK 2: Stakeholder is a person or a group who are inquisitive and focused on business. It could be anyone such as an individual‚ bank‚ customer‚ and employee. They also include owners who are focused on how much money the business makes. P2: Marks and Spencer‚ Emaar: The main stake holders for Marks and Spencer are the owners‚ banks‚ suppliers and the customers. The stakeholders for Emaar are the suppliers‚ government‚ trade unions and the owners. The owner are people who own the business and
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P2-Explain the implications for the business and stakeholders of a business operating ethically. In this P2 task‚ I will be explaining the implications that Primark’s unethical practice has on itself and on its individual stakeholders. I will start of by introducing Primark’s 7 main stakeholders are and I will also explain how each of these stakeholders is affective by Primark unethical activities. I will now discuss how these stakeholders are affected positively or negatively by Primark’s unethical
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Explain the implications for the business and stakeholders of a business operating ethically. (P2) All businesses have a number of stakeholders each with individual interests in what the business does‚ the owners (In co-ops case‚ the members) will want good financial gains from their investments. Businesses such as co-op should be managed with the interests of all stakeholders in mind. Stakeholder is anyone with an interest in a business. Stakeholder can be individuals‚ groups or even organisations
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1 Unit 37 Understand health and safety in the social care settings 1.1: You will find all the legislations under the health and safety at work act 1974 this act is the overall cover for health and safety at work. 1.2 + 1.3: We have regulations and guidelines with policies and procedures to follow to protect the client for example hear are just a view ways in which we must do this: Make the work place safe Provide adequate first aid facilities Always use protective clothing
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Unit 37 Assignment-Understanding Business Ethics Task 1-The meaning and importance of business ethics P1 Describe the ethical issues a business needs to consider in its operation activities Defining Business Ethics Business ethics can be defined as the accepted set of moral values and corporate standards of conduct in a business organization (business.lovetoknow.com) Ethical activities carried out by Vodafone One ethical activity that is carried out by Vodafone would be the introduction of its
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2013-02-12 Introduction. Within this brief sheet I am going to describe what the social implications of various ethical issues are. These issues will relate to the various aspects of McDonalds. The aspects of McDonalds that I will look into are as follows; * Finance & Health * Marketing * Food Production * Environmental implications. Ethics: Finance & Health Finance is an essential part of Business. It is imperative to be ethical in this sector as it’s the area that handles
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P1 Sam rostam Explain the effect of changes in the economic environment on a selected business Gross domestic product is one of the main gauges used to indicate the health of a republic’s economy. It signifies the entire pound cost of all properties and facilities created over a precise time period. Regularly‚ GDP is stated as a judgment to the last year. For instance‚ if the year-to-year Gross domestic product is increased by 3%‚ this is believed to mean
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Assignment front sheet Learner name Assessor name Philip Steer Date issued Completion date Submitted on 06 January 2014 27 January 2014 Qualification Unit number and title BTEC Level 3 Extended Diploma in Business Unit 37 Understanding Business Ethics Assignment title Unit 37 Understanding Business Ethics In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. Criteria reference To achieve
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selected business’s ethical behaviour on stakeholders and the business.[D1] FOR D1 write an essay to address below: >This should focus on your chosen organisation and cover as many stakeholders as possible. >Look also at the remaining issues in the unit from task 1‚ & 2 to add to your perspective. >Remember‚ these are your views‚ but they should be backed up by clearly researched evidence. In this report I will be looking at how my businesses activities and ethical behaviour affect different stakeholders
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Unit 27: Dealing with challenging behaviour P2: 1) Provide an outline of two pieces of legislation/guidance used to deal with challenging behaviour. 2) Explain how each piece of legislation/guidance from P2 (1) is applied when dealing with challenging behaviour The two legislations I will choose to talk about that are used to deal with challenging behaviour are: The children’s Act 1989 The children’s Act 2004 is the altered version of the children Act 1989. The main purpose of this act was to provide
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