P1 Describe the type of business‚ purpose and ownership of two contrasting businesses. In this task I will be stating the purposes of two of the contrasting businesses which are a LTD and a PLC. (New Forest Ice Cream and Thorpe Park) First of all I will look at the businesses individually and taking into account which type of business it is and its objectives. There are two main types of a limited company; A public limited company‚ (PLC) is normally a big‚ well-known business. This could be a business
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Assignment Instructions Unit: 9 Instructions: This week’s assignment consists of watching a scenario about Sandwich Blitz‚ Inc. and answering questions regarding the use of new technology as a means of improving communication between employees and customers. Sandwich Blitz‚ Inc. has a great problem...an increase in the number of customers! Employees have been consistently reporting that they are overwhelmed by the volume of customers and management has noticed that the number of reported
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Unit 8 LOA - Learning Review 1 Businesses organise themselves into different organisational structures which are hierarchical‚ flat‚ matrix‚ functional and divisional. A functional area is a department inside a business Administration– They carry out multiple support activities to help the business operations run smoothly. Customer Service- They help customers who have any questions‚ concern or complaints. Distribution- They make sure that the products are delivered to the right place‚ on time
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Unit 38- P1- Explain the effects of changes in the economic environment in a selected business. Introduction In this report I am going to explain the effects of changes in the environment for JLR. What is the business cycle? Explain all five stages of the business cycle? Growth In 2008 Tata Motors acquired Jaguar and Land Rover from Ford. Tata Motors merged the two marques into a single company and officially joined together in 2013. Their sales and profits have risen every year. At the start of
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Task 1 (P1) Describe the purpose of accounting for Marks and Spencer. Cover: a) record transactions; b) monitor activity; c) control; d) management of the business (planning‚ monitoring‚ controlling); e) measurement of financial performance (gross profit‚ net profit‚ value owed to and by the business) N>B> Find out if M+S is making a profit or a loss and find up to date data a. This is used to record accurate and up to date information and to upkeep the smooth running of the business. The business
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organization P1 * Purpose of Accounting in Business The main aim of any business is to earn profits and also to remain solvent‚ i.e.‚ it should have enough resources to pay its employees‚ creditors and to carry on with the day-to-day activities of the business. The main purpose of accounting system is to prepare financial statements‚ that will help the various external and internal parties of the business to appraise the profitability as well as the solvency of the business. The three main
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Website Design Strategy P1 - Describe how three contrasting organisations use their websites for business purposes Website Description of core business Purpose Users of the site www.nhs.co.uk NHS Choices offers a wide range of resources that can support health and care professional in their work with patients and clients. It’s a business in the public sector which means it is owned by the government. It ensures that good healthcare is available to all‚ regardless of their financial status
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but it can also be electronic using a word processor on a computer‚ but it can also be hand written but it has to always be sent by post or non electronically. -When a business sends a letter the letter can be kept as evidence if needed unless the recipient throws it out. -When a business sends a letter it can make the business seem more professional that and e-mail might not. -A letter can be sent anywhere in the world and to anyone that needs to read it. -It can contain detailed information
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Global non-profit organization Emmaus. Emmaus is a charity; their purpose is to help others by selling clothing‚ furniture etc. They offer people who have troubles a place to stay‚ they offer them a second change. Emmaus is still a private business‚ because they don’t need the money from the government. Emmaus get’s his money by selling stuff. Emmaus is set up by Henri Antoine Groues‚ who bought a big house in France and called it ‘Emmaus’ from here he started to collect old clothing and
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Jemma Walker Unit 3; P1 P1 - Explain potential hazards and the harm that may arise from each in a health or social care setting Relating to the physical environment The physical environment is everything that is around you‚ this includes; 1. The building 2. The air 3. The temperature 4. Objects 5. People 6. Pets The physical environment has a huge impact on the staffs and individuals well-being. The spread of Airborne infections are increased when the ventilation
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