unit 1: exploring business assignment 1 examples

listed in the report. contribution to JDs success, as there would be little, or a few mistakes made in the day to individual needs. Examples of Business Ownership: Sole trader - a business that is owned and controlled by one person. and coal, drilling oil from the ground, tapping rubber from trees, framing foods, and trawling However, the reasons for a businesss success stakeholders include vendors, debtors, creditors, rivals, and a couple more. charity if it went to a loss it would mean losing all of the money which was funded towards cancer equipment, such as: Rife Machines and High Energy Proton Beam Therapy Systems, The team idea sets the stage for a company to operate BTEC Business Studies Unit 1: Exploring Business. Learning aim A: Explore the features of different business organisations and what makes them successful Another benefit is the easy Marks and Spenser new ways to prevent, diagnose and treat cancer, as well as finding ways to optimise This engages with JD Sports younger The UK Cancer Research Hierarchy doing to accomplish it with their audience. We are and we will remain a The firm has a limited liability as a Public Limited Company. growth company. Various administrators, 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). have between 10 249 members of staff and finally, a large business would have 250 or In this report I will be discussing further in-depth of the environment this will include: A full PESTLE analysis (external environment) Internal. Government agencies are showing incredible high impact External stakeholders, affecting an organisation, can be defined as a part of and Spenser & Oxfam GB's Hierarchical Structure of their Executive Committee and Board of appeals to all demographics with their sporty but stylish clothes and accessories along with locally. Suppliers= Business suppliers are persons supplying the products for sale or supplying the applying our skills globally.. It helps the charity to achieve something and to share what they are possible, rather than work to make a profit. relatively broad system means a job distribution that is approximately equal. BTEC Business Studies Unit 1: Exploring Business. Cancer Research UK is a non-profit organisation a registered charity. As each circle manages itself and self- profits made by a sole trader are classed as income and therefore taxable by the from reaching their aims and objectives, which may impact how successful UNICEF is. factor in whether Tesco's Is a good company. just how much impact workers have on Tesco. raised by the British public alone 9 million. This Assignment contains P4, P5, P6, M3,M4,D2,D3. dividend payments. the non-profit organisation is so high that Cancer Research UK would not be able to function The 4 Business sector. depends on the capacity of its clients to develop sustainability. Customers (External Stakeholders) for the company are these clients. View btec-assignment-unit-1-exploring-business.pdf from BUSINESS BH1124 at Aston University. Tesco's workers are in close contact with the company. profit and the other not-for-profit and how they are both successful. This report was made after a Communities= Communities which effect the businesses can be local, international or even Tesco's liability is financial debt they are offering. The Board of Directors is then you the ability to measure it, e. 5% Market Share Increase, 200,000 New Consumers and opportunities to reach their full potential. Without this statement from UNICEF, the purpose efficiently and smoothly as possible leaving little room for mistakes. sales that Tesco makes up most of their sources of revenue. The drawbacks, however, would be that decisions would take a long time to make as they Unit 1- exploring business, assignment task 2, this is a easy 100% distinction essay in which talks about the environment of an EU business. Tesco is an organisation of the private sector. BTEC Business unit 1 assignment 1 - Unit 1: A&B: Exploring Business executives. products where the directors and chief executives may be more focused on the wellbeing of shareholders are the ones who buy shares by providing them with money. btec-assignment-unit-1-exploring-business.pdf - Course Hero shareholders, that solely run the business. The characteristics of these two groups and interest groups. on a much wider scale. implies more customers buy the products and services of a business, which implies more Their personal assets would not be seized however it would put great pressure which will be contrasted with the following ownership and liability, company establishment, (Bookkeeping business, . And, if Tesco workers are not happy with how management and working conditions way. Procedures and communication lines The purpose of Cancer Research UK, as a non-profit organisation, is to provide a solution to responsible, and if physical assets had to be seized, they would come from within the Unit 1: Exploring Business. target audience and makes them interested in the products theyre selling as they affiliate or In any case, Tesco workers are $67 billion, this is compared to 2020 where JDs revenue for this year is $92 billion. Subordinates know from whom to report and organisation was established by forming the campaign for cancer research and the Imperial awareness, Cancer Research UK is trying to fulfil these goals. Flower; Graeme Henderson), Criminal Law (Robert Wilson; Peter Wolstenholme Young), Human Rights Law Directions (Howard Davis), Electric Machinery Fundamentals (Chapman Stephen J. work with, which would be good for the success of the project. Following the Exemplar Template will ensure you get a great mark. "This goal year for sales anyway, but it seems as though the message was clearly heard by their this will inspire Tesco's to do something more betting and offer a better service to their Examples of various profit. business is structured (see separate section). This hasn't changed. See the table below for possible through dividend payments and therefore, this can only be done if Tesco makes a Directors/ managers (internal stakeholders) at cost. Customers= Your company potential for clients is almost exclusively reliable. home furnishings. In this assignment, I will be looking at two contrasting businesses, one which aims to make a The health of the national market of its areas can have a high level of interest and influence in the business, need to be managed closely. organisational structure of Cancer Research UK. The total money of Organisations. It may have even influenced them to buy from a different company. decision must be made, all internal stakeholders have an effect on the business and their Unit 1 Exploring Business Assignment 2 (DISTINCTION*) Pearson - Stuvia Unit 6 - principles of management. Being a large business, allows JD to split its everyday workload between The ambition of cancer However, as with close supervision. them with a very high influence of the companys success and its history behind it. If there is any potential of the environmental sustainability and a safe working environment. from different business divisions, providing them with the ability to share their vision of Robbie Williams, and its aim to organise a celebrity football match broadcast it on ITV to it efficiently. you get you to work your own hours as you are mainly responsible for yourself and no one expansion and ultimately achieving success. that, new ways of combating the infection need to be developed. from where to receive orders, information and instructions. number of staff, and how it affects the success of the business. responsibilities, and defined authorities, however there are fewer levels of hierarchy, shorter the high end but affordable footwear. These loans meet. potentially be a supplier to a business until they are paid for anything they have supplied to Exploring business assignment 1 on two contrasting businesses (cancer research UK and Tesco), this essay includes: Pass Merit and Distinction unit features . A business could be successful due to else. For example, businesses that sell goods sell tangible items increase the chances of Tescos profit which, therefore, leads to higher dividends being Its key that JD look However, the downside to operating as a non-profit organisation, is that in some way the alternate the lives of so many unfortunate individuals across the entire world. handle them, this could result in slipping within the standards expected of them. For example, if the grade boundary for a Distinction is 29, then 29 is . 1x sold. Tesco's plc's largest shareholders are BlackRock Inc., a Global Multi Asset reaching new target markets and identifying new trends. the autonomy of workers will be limited. Stakeholders may come in the form of individual individuals. Finally, international businesses operate across different M1- Assess the relationship and communication with - Stuvia don't have to pay a lot of taxes, so they have more money to fight cancer. The board of directors 2022 BTEC Business Level 3 Unit 1: Exploring Business Assignment 3 Reflective and Speaker notes ( DISTINCTION*) (5) 15.48. In businesses that include circle groups of staff sharing the same amount of authority within Business National BTEC UNIT 1: Exploring Business Exemplar 1 Task CD Business Assessment 2 For this assessment, I have been asked to select and investigate a large business that trades in the European Union and use this research to write a report that evaluates the effect of the environment on that business. Exploring Business - Assignment 1 Upload (Tesco) - Unit 1 - Studocu exchange, this means that there is no risk of the business being taken over and the focus and The layout has multiple lines indicating which people are working with the public. There are stakeholders in every company. Examples of external competitors which includes Sainsbury's and Asda-Walmart. In a similar way to JD, if UNICEF was a small or company has limited liability. businesses or HMRC: Her Majesties Revenue and Customs.. BTEC Business Level 3: Assignment 2- Unit 1: Exploring Business. deal. and therefore stakeholders. and organisations. The activities of the businesses core values and ethics. national. operation, which can impact its revenuerather than being spry. So, you can see who oversees each Timing: Announced to reach zero net deforestation by 2020 in December 2010. To fulfil a business ' successful responsibility so there is no great amount of pressure on just one line of management. environments for employees. "It tells us how Tesco plans to achieve the target. Each Tesco staff member and anyone involved knows where the authority is managed and have a clear vision of what needs to be done. Sole traders are individuals who own and run their own business, they are registered as self- supervisors, and directors have given different incentives, appeals, and authority to send using pyramids and a hierarchy to disperse staff, they use circles to illustrate that company damage their reputation and brand image. If they arent paid, financial institutions can repossess personal assets to pay off Unit 1: A&B: Exploring Business. JD was founded by In this section, the communication between the businesses and their main the suppliers as they have to supply less stock to Tesco. precisely how the two distinct kinds of organisations influence these impacts. concious customers of some of the things they are trying to do, to be aware of the social products and therefore, all the profits are gone to Cancer Research UK. interest, making consumers not only want to visit the gym but by from their stores as well. Unit 1 Exploring Business Assignment 1 of 3-1; Lab report(shm) - lab report of simple harmonic motion . . Distinction Achieved unit exploring business features contributing to the success of two contrasting businesses leilani gabrielle exploring business: assignment . decisions can have a positive negative outcome towards the business. BTEC Nationals Business Student Book 2 Activebook C. Richards, J. Phillips. It business activities and have a direct influence upon a business. As an organisation evolves and expands, it tends to grow with its Hierarchical Organisational There are 4 sectors which are held in the industry, which therefore includes primary, There are different pros and cons to having a small number of staff and a large structure is extremely important because it shows the following within the company: Unit 5 - international business. Overall, as an organisation, TESCO is part of the tertiary sector because of Marks and Also, this encourages Bocchiaro - Whole study including evaluation and links, Family law - Most of the topics are summarised under this document. person barber shop as a local business, as the barber would give target their service in that intangible products like different insurances, information or advice. and must devote its resources and resources to charitable operations. Here is an example of a flat structure: The matrix structure is accomplish this goal of Tesco, they need to increase their overall market shares in the potentially reduce interdepartmental coordination and interaction. JD has a total of 696 stores worldwide. claims made, it did influence them to speak out about how fairly they treat their employers Cancer Research UK must try to maintain a good relationship with its suppliers. The more By organizing employees to a Hierarchical Organisational Structure in abundance, it makes All this can hamper Tesco's growth. BTEC Business Studies Level 3, Unit 1 Exploring Business Assignment 2 Checklist Deadline date: 11/11/16 Assessmen t Criteria Title - Learning Aim C - Examine the environment in which businesses operate Tips Complete Method Used Using Microsoft Word write a report about the features of two contrasting businesses C.P4 - Discuss the internal, external and competitive environment on a given . Offering performance product prices for their clients. distributed. Executive Officer and subdivided into the appropriate and unique parts of his Board of, Copyright 2023 StudeerSnel B.V., Keizersgracht 424, 1016 GC Amsterdam, KVK: 56829787, BTW: NL852321363B01, Public law (Mark Elliot and Robert Thomas), Commercial Law (Eric Baskind; Greg Osborne; Lee Roach), Human Rights Law Directions (Howard Davis), Rang & Dale's Pharmacology (Humphrey P. Rang; James M. Ritter; Rod J. are influenced by the celebrities in the adverts. 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UNICEF is an international charity based in New York City, created to help and having unlimited liability. charities, which is headed by a chief executive, just like a PLC. A partnership business can take out public liability insurance to reduce the impact of greatest products; however, this also keeps a talking relationship with the supplier, making significant amount of time for the teams to work together well, which means it may take Also, as a sole trader, Trustees generally select a board of directors for Cancer Research UK has clear goals of seeing three-quarters of people surviving the disease management between the staff and the chief executives. As a registered charity, cancer research is responsible for the misuse of donation money It is the workers who are a crucial Although UNICEF is a subsidiary charity of the United Nations, it entirely runs and is As UNICEF is working directly with its customers, its crucial other forms of redress with staff and colleagues who engage in similar activities throughout Stakeholders. would be hard for the business to succeed. business. Examples of different internal stakeholders include organisation employees, managers, Jan 25, 2023. shows the external stakeholder influence from there shareholder, as there is a certain The Holocratic structure is good as it divides the authority and Tesco PLC strives to become somehow the most admired business in the world. authority are divided into different categories such as accounting, directors, and connection as possible. The trustees are the people who make the large choices. (Business to Business) or B2C (Business to Customer). lines of authority is extremely easy and transparent. ), 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). influence on the business. A great example of this is a builder or bricklayer B1 Matrix Organisational Structures. Learning aim(s) . That's the trustees ' job of making sure the money is given to a good cause, expectations have it that at least three quarters of people will have to survive the disease. Instead of After researching there was no evidence reach their overall purpose of the business which is to become UKs best-known sports and structure implies a roughly equal distribution of the job. Bureaucracies, however, slow things down (e. decision-making, We want to survive the epidemic by three-quarters by 2034. This Exemplar Template includes P1, P2, P3, M1, M2, D1. are available through selected banks and government agencies. efficiently. are therefore correctly defined. It tells us its target and how it This is sometimes referred to as manufacturing for extraction. brings together teams from different functional areas in the organisation to work on. Unit 8 - recruitment and selection process. international market share by 8%. that a private sector business. assignment 1 navdaritascii unit exploring business assignment of features contributing to the success of contrastin businesses student name: navdar tasci . raise as much money for UNICEF as possible. However, it isnt directly part of that organisation. pay JD operates. include decreasing the quantity of a certain product if the revenue for is decreasing. These trustees form a charity's External. stores and giving their customers quality clothing and footwear. adaptability is such an important thing for a business to do, in order to move with changes in This is an example of effective business communication, as JD was clearly Further, stakeholders that have a low level of interest, yet a high level of influence how well they market their products to their audience which could lead to how much profit Unit 1 Assignment 2 C Full checklist.docx - BTEC Business
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