D1- Evaluate the appropriateness of business information used to make strategic decisions. Strategic decisions are the decisions that are concerned with whole environment in which the firm operates the entire resources and the people who form the company and the interface between the two. In this task I will talk about the appropriateness of business information used to make strategic decisions. Having correct information before you make a decision that affects the whole company is vital for the
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D1 - Unit 4 – Evaluating the appropriateness of business information used to make strategic decisions. Long term decisions are very useful as they help the business to manage the money they possess efficiently and also give them a sense of direction and where they aspire to be in the long term which could be financially. Secondly when there are long term goals and targets set by the business the workers then have that sense of responsibility which is to produce the best possible work they could offer
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Certificate IV in Marketing PROJECT ASSESSMENT TYPED REPORT UNIT COVER SHEET BSBMKG408B - CONDUCT MARKET RESEARCH Student name Ameerah Baboolall Student No: 07849 ASSESSOR’S NAME AND TEACHING AREA: Certificate IV in Marketing I agree that the attached submission is my own work or the work of the group. I have kept a copy of this assessment I understand that my assessment may be selected for use in the College’s moderation audit processes‚ to ensure
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Questions: 1. Explain how Marketing affects the outcome of the financial equation: Sales-Expense=Profit. What risk the company might be facing in this equation with regards to marketing? Expound on the importance of marketing in sustaining business growth. (5 points.) In the equation‚ Sales-Expense=Profit‚ activities done in Marketing can be said or considered as marketing expenses that includes advertising costs‚ promotions‚ PR events and Marketing Research costs (e.g. FGD‚ etc.). Through
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Unit 4 Business Communication Assignment Introduction I have chosen Tesco as the main organisation and I will be answering questions on whether it has an impact on Tesco or not. Tesco plc is a global grocery and general merchandising retailer headquartered in Cheshunt‚ United Kingdom. Tesco is the fourth-largest retailer in the world measured by revenues‚ after Wal-Mart‚ Carrefour and Metro. The second-largest measured by profits after Wal-Mart. It has stores in 14 countries across Asia‚ Europe
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Unit 4: Business Communication Introduction The Organisation I done my work experience at was at Tesco’s. I will be showing you the different types of information they use for there company to excel. Tesco’s is one of the biggest grocery stores which is currently leading in the grocery market. It has now grown and now has different departments to their store e.g. Clothes‚ pharmacy‚ home electrical and etc. Written Information Tesco’s use various types of information‚ written information
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Verbal communication Verbal communication is when a person communicates with someone in a way that they can hear and understand each other. It can be done in many different ways such as telephone‚ face to face and meetings. Although verbal communication is the easiest it has its advantages and its disadvantages just like every way of communication. In terms of Tesco’s verbal communication the example are the following: * Customer services * Tannoy system * Meetings * Interaction
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Unit 5 Introduction to Accounting D1 Recommend and justify actions a business might take when experiencing cash flow problems. When experiencing cash flow problems there are a few recommendations to make‚ these problems include: • Being overdrawn on consecutive months. • Having too much money • Difficulty in predicting costs When being overdrawn on consecutive months you should look to cut back on immediate expenses such as insurance‚ suppliers‚ rent and employees. You could
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Unit 4 M1+D1 Discuss the nature-nurture debate in relation to the development of an individual The nature- nurture debate refers to the processes that we grow and develop. Nature implies that we develop certain aspects because we are genetically supposed to. However‚ nurture implies that we develop because of our surroundings‚ what we learn and influence from our role models. For the infancy stage nature could be seen as responsible for the developing of the child. The chromosomes from both the
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Task 4 (D1) Qu6. Analyse the need for selecting the different voltages used for different parts of the generation‚ transmission and distribution systems drawn for Qu.5. Back in the 1800’s Thomas Edison had a vision to power the whole of New York using DC (direct current) that he developed‚ this idea was brilliant‚ but had one set back. A power station was needed every mile due to D.C. only flowing in one direction. This wasn’t a very practical form of electricity or cost effective‚ another idea or
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