Btec National Business Level 3 Year 1 - Exploring Business Activity
Unit 1 Different types of business activity and ownership Pass 1 A) Type of businesses activity If I live in a city of any size especially in an area where new people are moving in people are increasingly using the Internet to find local businesses. Microsoft can't be local because people search jobs by region: United States, Europe and Asia etc. Oxfam is a local as well such as located in Watford High Street. Some of the businesses that can be helped by local Internet marketing include: chiropractor, computer retailer, travel agent, locksmith, massage therapist, insurance agent, real estate agent, mortgage broker, maid service hardware retailer, plumber, auto repair etc. How to use the Internet to market a local or regional business. There are many businesses in UK. It is located sites across a country. For example, Microsoft Company is found in Cambridge that is UK. Of course Oxfam is collecting money to save people and it is every where in the UK, i.e. London, Hertfordshire, Oxfordshire and Birmingham etc. they will be called National Businesses. An International business company is a legal entity incorporated in a tax haven which is free from all local taxes (except small fixed annual fees). Typically the IBC cannot conduct business in the country of incorporation. Oxfam International is a confederation of 13 organizations working with over 3000 partners in more
Btec Business Level 3 Year 1 - Introduction to Accounting
Pass one Introduction - In the section, I am working as a trainee for one of the retail company mentioned, which has been trading for many years. I have been asked to spend some time in the company's accounting department. In the purpose of accounting, there are many reasons why accounting is necessary to a business. Recording Transactions - Appropriate records are vital: if reports or documents are lost the Next store may forget to demand payment for some jobs that have been done or forget to pay bills that become due. It must be avoided at all costs because not paying your debts promptly or quickly is technically an act of bankruptcy or ruin. Monitoring activity and controlling the business - The recording of day to day accounts activities allows the Next managers of the organisation to keep track of orders, the sales and bills that means they must have a good idea of how business is doing well. The management of the business - Accounting records also helps the management of business and assist the board to make better decisions in dealing with investment. It is important to prepare accounting statements for Next managers to monitor the progress of the company and to endure day to day activities runs smoothly and proceed over activities. Measuring the financial performance of the business - Profit is the aim of the Next Store business and enjoyable accounting
btec business unit 3
INTRODUCTION In this assignment I will be investigating how marketing helps a business using an organization that has national promotional campaign. I will be using Coca Cola enterprises Ltd for my investigation. AIMS AND OBJECTIVES All Businesses exist to either produce goods (such as cars furniture and textiles) or to provide a service (drive you to your destination, i.e. Taxi). In some cases a business will provide both. In order to survive a business needs to provide a product or service that its customers are willing to pay for. Aims ---- The aim or aims of a business is a target, which it wants to achieve: Some businesses such as those in the private sector exist to make a profit their aim to succeed is to ensure that there are costs, which are not greater than their income. The aim of some businesses is to expand, to become national or international companies. Some businesses aim is to sell as much of their service or product as they possibly can, or aim to beat sales of rival companies by either lowering their prices or providing better quality of services or goods. Coca Cola enterprises have come a long way since establishment back in the 20th century. They were once a local store selling soft drinks with an asset value of about $250, now 100's of years later they are an international company worth over $97bn. They are one of the most recognized companies in the
business studies nat dip level 3 unit 4
(p1) describe the recruitment and retention process and documentation in a selected organisation I have chosen JD Sports as my business in which I will describe its recruitment and documentation process. In this assignment I will explain the processes and key terms. Retention is a term meaning to keep the employees happy by working at that business. Businesses to this by offering staff Employee Discounts on products that the business sells, promotions, pensions, keeping staff noticed about changed or special events, educate employees more, make the staff socialize and offer good technology for the staff to use. But as we know all business are different so there are different ways of retaining staff. JD Sports offer their staff 15% discounts on any discounts and bonus rewards for staff with good attendance and punctuality. Recruitment means employing new employees. Businesses use some steps which makes recruiting employees easier, these are (in order); . Job description 2. Job specification 3. Advertisement 4. Application / CV 5. Applicants are short listed 6. Reference are requested 7. Interview 8. Job to be offered . A job description is on an advert stating which tasks and responsibilities the job involves. Businesses such as JD Sports do this to inform the employee and so JD Sports is recruiting the right person. This is the first stage of designing and
BTEC NATIONAL LEVEL 3 UNIT 3 CITIZENSHIP, DIVERSITY AND THE PUBLIC SERVICES
BTEC NATIONAL LEVEL 3 UNIT 3 CITIZENSHIP, DIVERSITY AND THE PUBLIC SERVICES P2 Integration: immigrants are coming from a wider range of countries, for a wider range of reasons (work, family, study and asylum) and are staying for more varied amounts of time than before. This research aims to provide a comprehensive picture of new immigrants – their location in the UK, their countries of origin, their routes of entry, their feelings of belonging and Britishness, and their socio-economic performance – with a view to identifying policy priorities based on sound evidence. Mapping new immigrant communities which used Census and Labour Force Survey data to provide detailed analysis of Britain’s new immigrant communities – defined as those who have arrived since 1990 – from over 50 countries and regions. Beyond Black and White presents(BBC) a comprehensive picture of where immigrants live and work, and profiles their education, earnings, age and gender. In a speech in Tooting, South London, Ed Miliband set out a One Nation approach to cultural diversity and integration in Britain. Reflecting on Britain’s success, and shared sense of achievement and pride at the London 2012 Olympic and Paralympic Games – highlighting Mo Farah’s momentous victories and his pride in representing Britain – Ed Miliband described the strength of Britain’s diversity. He
Level 3 BTEC Business, Unit 33 - P2 How businesses use the Internet.
Task 2 Some businesses use the Internet to research competitors. For instance, Hoovers.com allows searches for detailed information on businesses across the country. An Internet search on a competing company results in articles and news stories about the competition that may help a business owner prepare for changes in the industry. One of the basic uses of the Internet for businesses is to sell products and services. Businesses create E-commerce websites to sell anything from cell phone contracts to books and CDs. Online selling eliminates the need for the business to maintain a brick-and-mortar store and in some cases they don't have to hold an inventory. A business can also use the Internet to buy items and services online, such as bulk-buying office supplies or printed materials. Businesses also use the Internet to find new customers through online advertising. Offering text and banner ads on websites as well as informational pieces, the Internet allows advertisers to reach potential customers quickly and efficiently. Pay-per click advertisements are distributed on Internet search engines and websites, allowing business owners to reach potential customers using search terms related to their business. As the business pays only for each ad click, costs are lower. The affordability and reach of some Internet advertising puts even the smallest business owner in a position
A-level Business Studies PDP
Key dates Where am I now What are you going to do to progress? How is this bringing you closer to where you want to be? November 2007 Currently I am studying for my A levels. I am studying Business, History, Law and General studies. To progress and achieve A level grades. I am going to work hard and to make sure I put my full effort in to all the work. This will help me get closer to what I want, as if I obtain my A levels I will go to university and study my chosen subject to the carer I am going to follow. January 2008 By January I will have to complete my UCAS form in order to attend university. I will need to complete my personal statement and also I will need to make sure all details are filled in. I will need to go through UCAS to get into university. June 2008 In June will be preparing for my A level exams I will do this by revising my subjects for the exams I do. To progress in my exams I will need to study hard and revise all the work in preparation for my exams. If I am to pass my exams I will be able to go to university and study my chosen subject. October 2008 If I pass my exams I will attend university to studying Accounts and Finance. To progress in university I will have to manage time well between leisure and studying. By passing my first year at university it will lead me on to the second year and on the path to my chosen carer as an
Business Btec Level 3 Unit 37 P1 - the ethical and legal responsibilities of H & M.
Humzah Ahmad Unit 37- P1 Operational activities A company’s typical daily processes that generate income. Operating activities pertain to a company’s core business activities, such as manufacturing, distributing, marketing and selling a product or service. These activities should provide the majority of a company’s cash flow and will largely determine whether a company is profitable. With regards to H&M they offer merchandise such as garments, shoes as well as accessories in their daily actions this is known as their operational activities. Branding ethics Business ethics are implemented in order to ensure that a certain required level of trust exists between consumers and various forms of market participants with businesses. Thus meaning H&M must follow business ethnics when performing its activities. Corporate governance Business Corporation is all about who comes up with the verdicts of the business. Limited firms comprise of a board of directors who are accountable for overreaching strategic direction. Operation managers at various levels answer to the board. Hence H&M will have a board of directors who carry out vital judgments. They are answerable to board managers. Governance is vital to big companies such as H&M because how will H&M directors acknowledge what managers are doing. Thus the government will step in. hence corporate governance is the
Business Btec Level 3 Unit 37 P2 - ehtics and stakeholders at H&M
Humzah Ahmad Unit 37- P2 Implications Responding to ethical pressures The CSR of firms is a response to the increasing burdens given to managements to take account of ethical issues. Thus H&M managers have the pressure of ethical pressure as they have to make sure they are doing their trading ethically. The advantages for H&M when responding ethically is that they are trading in the right way and are abiding by the laws and regulations. The disadvantages for H&M responding ethically is that it will be challenging for the business to be on top of ethics. Implementing ethical practices Many familiar names have initiated to implement an ethical position on concerns that affect us all. For example walkers are working with consumer change in their mind as they have made changes to their goods. Consequently H&M must keep in mind their customer’s wellbeing when producing goods. The advantages for H&M is that they can produce goods in the knowledge that they are producing goods for customer’s requirements. The disadvantages for H&M is that they have to keep in mind what customers will think of their goods and will it benefit them. Influence of stakeholders and pressure groups CSR is a response to external stakeholder’s pressure. It is also a response to pressure group campaigns and acknowledgement that public disapproval can forward to marketing catastrophe.
Unit 3 Business Studies
Unit 3: Investigating Marketing Introduction For a business to be able to work more effectively the business itself has to have an organised structure; to do this setting themselves targets to achieve on certain time scale. The business may set themselves Aims but they will also set themselves smaller goals, which they would achieve on a much smaller period to determine the company to achieve its main aim. Objectives can be: * Understanding customer wants and needs * Re-launch of product * Increasing brand awareness For the business to achieve these objectives, the business needs to identify its target market through the use of market segmentation and think of: * How markets are segmented, ie, geographic, demographic and psychographic. * Niche or mass marketing And the use of appropriate research methods, you need to understand the purpose of market research: * To identify target markets * To identify competition Principles of Marketing Complaint: Objections to a poster, for a chocolate bar, that featured a bare-shouldered woman sucking the chocolate bar. The strapline asked "how much would you like this girl's job?" The complainants objected that the poster was offensive because the way in which the woman was eating the chocolate bar simulated oral sex. Codes Section: 5.1 (Ed 10) Adjudication: Complaints not upheld the advertisers said the poster that
