• Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

Exploring Business Activity (P1)

Extracts from this document...

Introduction

[P1] Exploring Business Activity Respected Sir/Madam, I have just been employed as a business researcher for the Welsh Assembly Government (WAG). My Role within the WAG is to act as a business consultant who specialises in assisting the organisations to obtain project funding from public sources. I have been assigned to work on research relating to the Sports Council for Wales (www.sports-council-wales.org.uk). I am working with Cwmbran Stadium which is located at the Henllys way, Cwmbran and ASDA (Cwmbran) as the potential sponsor. Cwmbran Stadium is the newest sporting facility in Torfaen with the art facility complete with international-standard athletics track & field as well as a brand new eight-court sports hall. Cwmbran Stadium also has one of the best indoor bowling rinks in Wales. All sorts of activities are carried out in the Stadium such as Football, badminton, Ballet, dance, Gymnastics, Fitness training, swimming lessons and more. The facility is operated on a "pay and play" basis (with no membership required) ...read more.

Middle

0.3% ASDA 3,444,410 16.9% ? 0.1% Sainsbury's 3,265,244 16.0% ? 0.4% Morrison's 2,317,304 11.4% ? 0.3% Cwmbran Stadium is a Tertiary sector of industry. The tertiary sector of economy involves the provision of services to businesses as well as final consumers. The tertiary sector of economy involves the provision of services to businesses as well as final consumers. The quality of most services depends largely on the quality of the individuals providing the services. Cwmbran Stadium is a non-profit organization which aims to support or engage in activities in public or private interest without any commercial or monetary profit. It provides facilities related to sports and fitness for the local people in Cwmbran. Specifically, the non-profit organizations, unlike business corporations, are not subject to market discipline for products and shareholder discipline over their capital. Non-profit organizations grow and seek larger donations, the level of scrutiny rises, including expectations of [P1] audited financial statements. The cwmbran Stadium runs through charity and sponsors. ...read more.

Conclusion

The Board has the overall responsibility for the policy and will be accountable to that minister. It also has 143,126 employees working for it. ASDA simply attaches its own brand to products provided by other companies. It also offers its staffs a discount of 10% on most items. Large amount of capital is raised from the share issue unline private limited companies which often lack capital due to no share issue. It also benefits from economies of scale e.g. bulk buying, cheaper borrowing where as the privated limited companies do not benefit from economies of scale. ASDA provides quality goods at cheap price. The products include Grocery, General merchandise and Financial services. Services they offer include insurance (provided by Norwich Union), credit cards (provided by GE Capital Bank) and loans (provided by The Funding Corporation).It also has its own clothing range known as George. George is marketed as quality fashion clothing at affordable prices. The stores are generally white and green, with simplistic layout but built on a Wal-Mart larger footprint format - ASDA's average store is almost 20% bigger than its rivals, but stocks 20% fewer lines. ?? ?? ?? ?? ...read more.

The above preview is unformatted text

This student written piece of work is one of many that can be found in our AS and A Level Marketing & Research section.

Found what you're looking for?

  • Start learning 29% faster today
  • 150,000+ documents available
  • Just £6.99 a month

Not the one? Search for your essay title...
  • Join over 1.2 million students every month
  • Accelerate your learning by 29%
  • Unlimited access from just £6.99 per month

See related essaysSee related essays

Related AS and A Level Marketing & Research essays

  1. Marked by a teacher

    Marketing case studies - Asda and John Lewis

    3 star(s)

    The cleanliness of the department is also a big influence on how the customers feel about the department store and what they are selling. The quality of the clothing and how it is presented can make so one buy the items or it can also put them off from buying them.

  2. BTEC BUSINESS UNIT 2

    If they do not meet targets then the company will have a loss in terms of getting an income late. They need to ensure that they deliver the items when customers need them if a supermarket ordered products and they are not received on time then it will mean that

  1. BTEC national Business UNIT 2 P1

    External recruiting does have it own merits which is bringing in new employees can also bring along new ideas to improve the business.

  2. Marketing Aims and Objectives - with examples from major companies.

    The business will continue spending capital producing and manufacturing these products but customers will not buy them. If the business successfully develops a product and launches it into the market it will receive a lot of new customers, increases in sales, profits and market share.

  1. Mcdonalds. For this unit I will need to produce a portfolio of work investigating ...

    For example, in the U.K they use the England Footballer Alan Shearer to promote their hamburgers. The main point with advertising is that they are trying to convey an image to their audiences. Public Relations and Publicity McDonalds does adopt a global strategy.

  2. Promotional Activities

    They offer visits to schools, provide workshops, and support tutorials, health days, and PSHE lessons. Why it's important to raise awareness4 The Young Minds Charity work scheme work in schools and other community organisations helps reduce stigma, and improve the long-term life chances of individual children.

  1. Marketing Research

    e.g a study was done to obtain the profile of four major players in the real estate market. The major players are Lokhandwalla, Evershine, Hiranandani and Oberoi. The adjectives were a) not reliable _ _ _ _ _ _ _ very reliable b)

  2. Unit 11 P1 Describe the development of relationship marketing

    are unable to offer and in return the organisation will attract, retain lifetime partners. The needs and expectations of customers are competitive prices and good quality customer service Outline the growth of the service sector: The service sector includes business to customer/ business, this is part of the tertiary sector.

  • Over 160,000 pieces
    of student written work
  • Annotated by
    experienced teachers
  • Ideas and feedback to
    improve your own work