social factors are impacting upon the business activities of Wal-Mart and Tfl. For businesses‚ this is important because they need to know how these change such as political decisions made by the government or changes to the law or changes that take place in society over time is going to affect their business. Political Factors Political factors is an external environment in which a business functions. This is a type of external constraint for a business and are related to actions of governments
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Assessor’s Name: Wilhelmenia Etoga Ngono Date Issued: Monday 12th of September 2011 Deadline: 3rd of October 2011 Returned On: 17th of October 2011 Qualification: BTEC Level 3 - Extended Diploma in Health & Social Care Unit Number and Name: No. of credits available. Unit 4 - Development through the life stages (10) Assignment Number Title: Investigative report on the life stages of a celebrity 1 2 3 4 5 6 Scenario: “Growing Old Gracefully” is a monthly
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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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BTEC Level 3 in Business UNIT 3 - MARKETING ASSIGNMENT 1 P1 Marketing Techniques Graph below shows Ansoff’s Matrix strategies. Market penetration (existing product on existing market). Market penetration uses existing products on an existing market. This strategy tries to achieve growth of sales through encouraging brand loyalty‚ encouraging more purchases‚ taking customers from rivals and converting non-users to users. An example of this strategy is
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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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P1. All health and social care sectors have to follow principles and values‚ principles explain to people what the right way to behave is‚ whereas values are based on what beliefs are important to the person and what they believe to be right and wrong for themselves as an individual. There are many principles and values such as empowerment‚ choice‚ rights‚ respect and confidentiality. Empowerment of individuals is important when planning care as this is the way in which a health or social care
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stakeholders exert in the organisation. Introduction Each stakeholder is important to the business‚ however‚ some are more important than others. I have chosen the top three that I think are the most important and in this word document‚ I will evaluate how these stakeholders influence the NHS and McDonalds. McDonalds Owners The owners are very important in McDonalds‚ because they’re the people that invest in the business and make sure that it runs smoothly to be able to give a good service and provide
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they get regular customers by giving them loyalty cards‚ promotions such as “buy one get one free”‚ discounts and other special offers. Sainsbury’s are getting regular customers which bring in more profit which then can be used to help expand the business even more. Customers demand cheaper products so local and national stores such as Sainsbury’s will try to have the cheapest products for customers to buy which then encourages competition between the stores‚ whichever store has the cheapest price
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M3 Compare the features‚ strengths and weakness of two successful businesses In this task I will compare the features‚ strengths and weakness of two successful businesses. The two businesses I will look at are:- APPLE & DYSON Feature identified in organisation 1: Dyson have one feature that they are INNOVATIVE‚ this means that they are constantly making new product with new technology and ideas. They also fulfil their customers need Examples of Dyson product are Hand Dryer
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When I come to market my business‚ I will seek to create the following marketing materials‚ which can be used in varying ways and for varying purposes. Setup a website‚ which will be included on all of my printed marketing materials. I will also ensure that the website contains the relevant meta tags within it to ensure that it’s listed as one of the primary results in a search when particular criteria is entered (i.e. Stockport childminder). I will also consider periods of Google Paid Searches
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