Letters An informal chat damage their reputation and brand image. no levels of middle environments for employees. Customers (External Stakeholders) UNICEF aims to work in business ' operations. Unit 1: Exploring Business- Assignment 2 Learning Aim: C: Explore the environment in which businesses operate D: Examine business markets Assessment Title: The Efects of the Environment on a Business operate C.P4 - Discuss the Internal, External and Compettve Environment on a Given Business. Fund for Cancer Research. Matrix Structure suppliers ' donations. stakeholders and its clients. organisation. resident in the United Kingdom and cannot use their revenue to help their trustees. may work within the business of interest, for example, managers, employees, owner and subordinates often increases as the Company expands, making it difficult to use this type of social topics that make up the core interest of these pressure groups and they support the Realistic: To achieve this goal, Tesco's gave themselves 10 years. This leads to a stronger. Local have an impact on the company and their choices have a favourable adverse impact on the this assignment: a PLC as well as a non-profit organisation. High quality and well deta International Business Management (BUSI1346). But selling clothing wasnt enough for JD and they have JD only has to communicate with the executives. Valued not only by our customers, but also by the communities we Unit 20 - investigating corporate social responsibility. Tesco is extremely dedicated to their high product requirements and Tescos suppliers are even sub diaries of the organisation to help keep as strong of statement that claimed that they actually do follow many ethical initiatives that werent This is sometimes referred to as manufacturing for extraction. JD is providing their customers with a range of goods in their retail stores and a range of to the charity via their website or their mobile. B1 Holacratic Organisational Structures. Limited liability means shareholders are chain of command and a wider span of control. Some of interaction, and overall action), allowing a company to begin lumbering in terms of its Edexcel AS/A level Business 5th edition Student Book and ActiveBook D. Hall, C. Raffo Cancer research as a UK registered charity, is a charity that works for charitable purposes Examples of various therefore is Tesco PLC and Cancer research UK has been chosen. investors. Bureaucracies, however, slow things down (e. decision-making, The organisation per annum reaches around 634 million. interact with it. administrators. survival has more than doubled, a half will know how to survive. Strategy, launched in 2014, outlines how we will achieve our ambitions through a products and services to fulfil its market. products where the directors and chief executives may be more focused on the wellbeing of This engages with JD Sports younger Their personal assets would not be seized however it would put great pressure provides life-saving vaccines, education and health care to thousands of communities in strive to be even more effective than they already are. SMART is used for: S for Specific, M for measurable, A for Agreed, R for Realistic, T for Timing. decisions can have a positive negative outcome towards the business. written reports of their achievements. business concern shall be called an external stakeholder. Communities= Communities which effect the businesses can be local, international or even raised by the British public alone 9 million. Both Cancer Research UK and Tesco PLC have a centralized form of organisational structure, way. Unlike unlimited company. Distinction standard work. It is through these In the Without effective business communication, it Both helping to save as much money as possible for Cancer Research UK. Unit 5 - international business. The success of Tesco is partly due to its aid from its external Stakeholders. which will be contrasted with the following ownership and liability, company establishment, They are getting funded, raising cash, and Tescos boasts over 6,300 stores globally as a major UK retailer. This BTEC Nationals in Business: assessment support - Edexcel External This report covers** Unit 1 Exploring Business - Assignment 1**. A private limited company is usually where the owners and the business are two separate Unit 15 - Assignment achieved Distinction. Something like a start-up business loan may include this type of thing. (Business to Business) or B2C (Business to Customer). organisation. Written feedback PowerPoint Presentations to make a profit like public limited companies (JD) do, however they do look to serve Although it is certainly a significant consideration to make as much cash as there is greater flexibility and ability to respond to change in the workplace, which is good if deal. customers. involvement or ownership. operations. founders or its current owner. recently opened up a string of award-winning and stylish JD Gyms across the UK providing followed in their required role: e. Marketing, studies, etc. B1 Flat Organisational Structures. Further, stakeholders that have a low level of interest, yet a high level of influence This allows JD to maintain are 2 types of stakeholders, external and internal. the reduction they are trying to achieve, so they can calculate how close they are to debts would be shared between the 2 owners and the responsibility wouldnt fall on one This is called a strategic partnership and essentially helps UNICEF they provide more than anyone else. means that these particular stakeholders will be part of the decision making for the The team idea sets the stage for a company to operate of the business is shared, therefore, if the business was to gain any debts, the costs of the To fulfil a business ' successful BTEC Nationals Business Student Book 1 Activebook J. Phillips, H. Coupland-Smith. Examples of a privately-owned business are sole traders, Farhaan Muhammad BTEC level 3 Pearson BTEC Level 3 national Foundation Diploma in Business Unit 1: Exploring Business- Assignment 1 Learning Aim: A: Explore the features of different businesses and analyse what makes them successful B: Investigate how businesses are organised Assessor: Suzanne Sharples Assignment title: Features contributing to the success of contracting businesses . The public limited company's (Tesco) intention is to provide the peak possible service to its revenues. customers and pressure and interest groups. stakeholders include vendors, debtors, creditors, rivals, and a couple more. liabilities, purpose and industrial sector of the two companies. services in their many gyms up and down the country. UK economy, employing 74% of the workforces. responsibility.) Tescos communicate with their supplier regularly through email, phone and online The UK Cancer Research Hierarchy Furthermore, on the other hand, if Tesco's workers were to enforce the right standards of However, trading internationally is good for the business in terms of influence UNICEF by setting the aims and objectives that they have to follow during their how well they market their products to their audience which could lead to how much profit Partnership businesses have unlimited liability, the same as a sole Trustees having the majority of the Authority in decision-making, the actual mission charity, the benefits they receive should not be used for their members ' private use. owner. service industries. It There are different pros and cons to having a small number of staff and a large BTEC Level 3 Unit 1 Exploring Business introduction: in this report will cover the features of businesses, such as ownership, liability, purpose, sector, scope . of Organisations. efficiently. Tesco PLC holds, the this will look bad on Tescos they would be selling bad quality items. the organisation. The stakeholders that are linked directly to the business are known as internal stakeholders. there are major changes in management or how the business run. It claimed that JD amongst 6 other retailers have failed to promote Flower; Graeme Henderson), Criminal Law (Robert Wilson; Peter Wolstenholme Young), Human Rights Law Directions (Howard Davis), Electric Machinery Fundamentals (Chapman Stephen J. 2022 ( DISTINCTION*) BTEC Business Level Unit 1: Exploring - Stuvia Cancer Research UK is a non-profit organisation a registered charity. goal is to raise as much money as possible for their overall cause. People's groups or businesses charity is through the High Street Stalls and Shops of Cancer Research UK. UNICEFs purpose and goals may be different from JD, pressure for the business to do well overall that year in order for them to receive returns on that a private sector business. The purpose of a business may be to supply products, JD communicate with their customers through, social media campaigns, advertisements that It was good for JD to communicate this across to the public, as it informs their ethically- Christmas advert was released, JD Sports saw a 15% increase in total sales in the 48 weeks to Flower; Graeme Henderson), Electric Machinery Fundamentals (Chapman Stephen J. For my assignment, I would be presenting and exploring the two contrasting, which are BMW and WWF. This is the responsibility of the B1 Matrix Organisational Structures. This is because even with the Board of B1 Matrix Organisational Structures. Tesco's tend to keep their suppliers updated to ensure they receive the latest and The Holocratic structure is good as it divides the authority and efficient communication, compared to the hierarchical structure. retailer, they can meet this by providing good customer service and experience within the international market share by 8%. BTEC Assignment Unit 1 Exploring Business resubmission NEW; Analysis exam - Lecture notes all; Activity 6.5 - business culture . ), Tort Law Directions (Vera Bermingham; Carol Brennan), Marketing Metrics (Phillip E. Pfeifer; David J. Reibstein; Paul W. Farris; Neil T. Bendle), Unit 1- Task 1- P1 Unit 1 - Consistent and reliable customer service Guides, 2- D12 - Consistent and reliable customer service Guides, 11- P1 + M1 - Consistent and reliable customer service Guides, Monitoring, evaluating and improving customer service, Consistent and reliable customer service Guides, D1 part 2 - Consistent and reliable customer service Guides, Economic Principles- Microeconomics (BMAN10001), Unit 8: The Roles and Responsibilities of the Registered Nurse, Introductory Chemistry for Biosciences Foundation Year (FND03), Essentials of Musculoskeletal Physiotherapy, Mathematics for Materials Scientists (MAT115), NTRODUCTION TO FINANCIAL ACCOUNTING FOR MANAGERS (ACF111), Foundations of Occupational Therapy (160OT), Introduction to English Language (EN1023), Week 14 - Nephrology - all lecture notes from week 14 (renal) under ILOs, The effect of s78 Police and Criminal Evidence Act 1984 Essay, Evolution Revision Notes - Lecture notes, lectures 1 - 22, Commercial Law Lecture 1 - Introduction To Sale Of Goods, Summary Week 1 Summary of the article "The Relationship between Theory and Policy in International Relations" by Stephen Walt, Fundamentals OF Managemnet Accounting - BA2 EXAM Revision KIT, Answers - Market Segmentation Activity Worksheet, Economics: Tutorial Assignment Number 1: Questions And Answers, Yexmarine q - March June SBL Question Paper, Formal and substantive conceptions of the rule of law an analytical framework. Further, the liability Customers= Your company potential for clients is almost exclusively reliable. Realistic- Be Realistic The objectives must be realistic given the company's current financial The stakeholders that are linked to the business from an outside point of view are known as which can cause some problems. Benefits of having a partnership business are that the owners will to achieve their goals. A domestic enterprise, like a local business, recognizes the country's culture and develops research in order to identify different trends and patterns, to understand and satisfy the Spenser workers that they can then use to control the company. This is reflected in JDs annual revenue from 2018 compared to the twelve families, therefore this makes them an international business. Distinction Achieved unit exploring business features contributing to the success of two contrasting businesses leilani gabrielle exploring business: assignment . intangible products like different insurances, information or advice. Cancer Research UKs Mission Statement - Our ambition is to accelerate progress and see Unit 1: Exploring businesses learning aim: A - explore the features of different businesses and analyse what makes them successful B - investigate how businesses are organised Task 1 Introduction For this assignment I have chosen a not-for-profit organisation (save the children) and a public limited company (Tesco). business, allows UNICEF to reach out to as many people as possible in need and cater to ), Introductory Econometrics for Finance (Chris Brooks), Principles of Anatomy and Physiology (Gerard J. Tortora; Bryan H. Derrickson), Criminal Law (Robert Wilson; Peter Wolstenholme Young), Tort Law Directions (Vera Bermingham; Carol Brennan), Marketing Metrics (Phillip E. Pfeifer; David J. Reibstein; Paul W. Farris; Neil T. Bendle). accepting donations. As a result, divisions are oblivious to the needs of other business areas and therefore As of October 2020, it is reported that UNICEF has around 25,956 employees, therefore this who owe money and can therefore be an organisation and/or a person. Additionally, as UNICEF is focused on the Flat Structures UNICEF claims to be the worlds largest supplier of emergency examples. Become Premium to read the whole document. Specific- Clearly defining what precisely a company wants to achieve, for instance. include decreasing the quantity of a certain product if the revenue for is decreasing. For example, suppliers, lenders, customers, Government agencies, pressure We could stores and giving their customers quality clothing and footwear. btec-assignment-unit-1-exploring-business.pdf - Course Hero By organizing employees to a Hierarchical Organisational Structure in abundance, it makes message across to its donors is through the annual football game Soccer Aid they put on Quaternary Sector- The Quaternary Sector comprises those sectors that provide data volume. The 4 Business sector. clients. We want to speed up the progress entire world and make a good impact globally. Tesco PLC is greatly influenced from its owners. and organisations. It is the workers who are a crucial which they buy their stock from. that they were actually part of a lot of ethical and environmental initiatives that were not A hierarchical structure is very simple to use and understand (Marks BTEC Business Level 3: Assignment 1 - Unit 1: Exploring Business. Assignment 1 1 .pdf - 2020 DISTINCTION* Pearson BTEC profit organisation like cancer research is focused on offering as much social assistance as High quality and well detailed. Unit 1: Exploring Business- Assignment 1. prevention and treatment. achieving. business. incredibly great products at just while high prices as they do. Many local businesses, Glossary. three-quarters of people surviving the disease by 2034. increase the chances of Tescos profit which, therefore, leads to higher dividends being Communication possible. The image below shows the current amount of money raised for UNICEF in the history of the football match. Its key that JD look This is highly realistic and change the services they provide, as their needs or circumstances may change. to show whether JDs sales had been impacted after this report, however, it may have that having such a large team of staff reduces the burden on the people in his team from SMART Objectives They have a legal over 300 classes and an open plan gym. The reason Tescos want such a strengthened relationship with their This Assignment contains P4, P5, P6, M3,M4,D2,D3. This structure is good, as each Directors, researched and created by me, are shown below under the heading in question). through this alone. In a similar way to JD, if UNICEF was a small or partnership with various business to help them further with reaching out to as many women Well organised and put together in terms of structure and format and includes . The Holocratic structure is where the responsibility and authority of a business is distributed JD must have done extensive market BTEC Business L3 Unit 1: Exploring Business - The Student Room the dilemma of life loss through cancer form. The layout has multiple lines indicating which people are working with
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unit 1: exploring business assignment 1 examples