Q1: (a) INTERNAL FACTORS AFFECTING BUSINESS ENVIRONMENT: Companies must endure economic recessions‚ competing businesses stealing their market share and dips in their stock price. However‚ these external factors are not the only problems businesses face. Companies must deal with internal factors as well. Internal issues can create just as many problems as external ones. Sometimes‚ the two types of factors are linked. Employees : The caliber‚ attitude and work ethic of a company’s employees are
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Putting service users at the heart of provision Anti-discriminatory practice is promoted in health and social care settings through putting service users at the heart of provision‚ ‘this means to focus on what the person needs and provide is‚ giving them control and power over their lives‚ rather than just telling them what services are available.’ (Health and Social Care‚ Hodder‚ Rasheed et al‚ page 27‚ 2010) The individual is put at the heart of service provision‚ the health and social care sector
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Introduction Business environment is the combination of all centralized and peripheral aspects that affects a corporation. Both external and centralized aspects can repercussion each other and endeavor together to influence a corporation. The business environment includes some elements like clients and suppliers‚ competition and owners‚ technology‚ government initiatives and market‚ social and economic trends. The internal factors are that impact the approach and success of the company’s operations
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Task 1 Applied Business Studies Unit 1: Investigating Business AO1 Task 1: Describe in detail the main aims and objectives of the business   Our Goal At Sainsbury’s we will deliver an ever improving quality shopping experience for our customers with great product at fair prices. We aim to exceed customer expectations for healthy‚ safe‚ fresh and tasty food making their lives easier everyday. Introduction: I will be investigating the factors that have contributed to the success
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Analysis of the External Environment of Business In today’s highly competitive market‚ businesses must be aware of the environment in which they operate and the external factors that influence them. These factors can affect the main internal factors of the business and its objectives or marketing strategies. The external environment is rarely stable and many of the external forces can change quickly and dramatically and are usually beyond a firm’s control. Although some external factors can
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Select a restaurant where you have eaten recently. Analyze the atmosphere and physical environment of this service establishment. What image does the environment convey? Were you satisfied with the experience? Did it meet your expectations? Should the owner change anything to make the environment more appealing to customers? I recently ate at Alquimia Bistro Club at Gallery Plaza in Condado. The restaurant is a joint venture between the entrepreneur Tony Hernandez and singer Gilberto Santa
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Multi-disciplinary Working in the Health Service Provision What is multi-disciplinary working? This is the term applied when a team of people work together/jointly in cooperation in order to complete something‚ in this case it would be to implement the best quality/form of care. 45-year-old Mark has been in an accident as he is a victim in an alleged assault. He has fractured his skull after he had been hit with a bat; this then made him turn unconscious for a limited period. Mark had then been
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“Business environment encompasses all those factors that affect a company ’s operations; including customers‚ competitors‚ suppliers‚ distributors‚ industry trends‚ substitutes‚ regulations‚ government activities‚ the economy‚ demographics‚ social and cultural factors‚ innovations‚ and technological developments. It may also be referred to as Operating environment.” (Quantum3‚ 2012) “The definition of business environment means all of the internal and external factors that affect how the company
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Table of Contents Introduction 1 Internal Environment 2 Shareholder’s Value Corporate Image Physical Assets & facilities R&D & Technological Capabilities Human Resources 10 External Environment Micro Environment 11 Customers Suppliers Competitor Marketing Intermediaries................................................................................................15 Macro Environment....................................................................................................
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The dictionary defines it as “a broken piece of a brittle artifact” and we call it a mind-blowing architectural masterpiece‚ the new monumental signature of London‚ the conception of a genius‚ delicately crafted and poetically christened‚ The Shard. Sky scrapers are known to be the symbol of modern city for a few centuries and The London Shard - known to be the tallest building in Western Europe stands proudly at 310 meters tall with 95 floors of city life i.e. shops‚ offices‚ restaurants‚ hotels
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