BUSINESS CALCULATIONS
BUSINESS CALCULATIONS PROJECT Title: CLASSROOM REDECORATION Buyrchiyeva Natalie Course: Business/ Retail Introduction The following is a business calculations assignment I have been asked to turn one of the existing classrooms into a conference room. I have been given a budget of 10000euro and asked to fit the conference room with carpets or wooden floors. The walls are to be painted or wallpapered and the windows require a new blind or curtains A conference table with twelve chairs is also needed. I have also been asked to buy three accessories for the room e.g. plants, pictures. The room before decoration The conference room Measurements Painting Height of the wall - 2,62 m Area of the wall (1) - 21,22 sq.m ( 8.1 m x 2.62 m) Area of the wall (2) - 18.71 sq.m (7.14 m x 2.62 m) Area of the blackboard wall - 12.52 sq.m (4.78 m x 2.62 m) Area of the window wall - 12.52 sq.m (4.78 m x 2.62 m) Area of the blackboard - 3.06 sq.m (1.24 m x 2.47 m) Area of the blackboard wall without area of the blackboard - 9.46 sq.m (12.52 m2 - 3.06 m2) Area of the window - 1.44 sq.m (1.2 m x 1.2 m) Area of the window wall without area of the window - 11.08 sq.m (12.52 m2 - 1.44 m2) Area of the door - 2.04 sq.m (0.96 m x 2.12 m) Area has to be painted - (21.22 m2 + 18.71 m2 + 9.46 m2 + 11.08
Unit 1 Exploring Business pur P4
Unit 1 Exploring Business Purpose Task 4 A) P4 Introduction I will explain the interaction of functional area and how they relate to each other in two selected business . Human resources 2. Finance 3. Administration 4. Market and sale Human resources Human resources department in (personal department) is the department of a business deal with recruit and employees, new employee's need the main purpose function of a human resource department are: * Training * Recruitment * Workforce planning * Discipline * Appraisal * Staff * Health and safety The workplace is safe and if close by any accident is the employees report them appropriately. They must be given to new employee's introduction training. That is where the newest employees must be told what their job includes where to go an emergency (report accident first aid). Know where you need to go if there is a fire (escape route) that they will work with and any clothing they have to wear. They must be that told any health and safety issues associated with the job. E.g. lift a box with equipment etc. Recruitment The human resources department at BBC and Comet is trusty for recruiting staff. They might have to recruit staff because of new store opening filling jobs that have been created by employees , leaving, retiring or employee are being rejected. When the human resource department at BBC and comet
Internal and External Stakeholders of Alton Towers
Internal and External Stakeholders of Alton Towers A stakeholder is someone who shows an interest within the business; an internal stakeholder is a person or a group of people who work internally with in the business and show an interest. Where as an external stakeholder is a person or a group of people who operate outside the business of Alton Towers but who still show an interest in the business. Alton Towers has both internal and external stakeholders: the internal stakeholders are: * Employees * Managers * Ride designers * Parenting company * Directors * Financiers The External stakeholders of Alton Towers are: * Customers * Local community * Schools * Suppliers * Competitors * Other businesses * Coach companies * Sponsors A2 Identifying why each is a stakeholder Internal: Employees: Employees are perceived as stakeholders of Alton Towers as they are interested in their jobs and their payment for the labour they provide. Managers: managers are stakeholders as they work for the business/ enterprise of Merlin Entertainments; they are also perceived as stakeholders as stakeholders as they check stock levels, profit and the operations taking place to ensure that they are effective. Ride Designers: Ride Designers are stakeholders as they have an interest in designing new rides for the theme park as that is what they are paid to do and if many of their
location of a business
One of the fundamental points to think about when setting up a business is the location. There are various different factors which affect a business location. My business is a café so there are specific things I must take into account. These include: * Transport- A business could need transport links for things like raw materials. I will need to make sure that it is easy to have stock delivered/ bought. I will also need to make sure it's somewhere that is accessible to my workers and to myself so that it isn't a trouble for workers to be on time. In case of an emergency, it's sensible for me to live near the café so I can easily get there quickly. * The cost of premises or land- Depending on what business you have, you need to think about how much money you will have to spend on rent. As I am a sole trader, I only have the capital I am putting in. I want to try and keep costs of rent down. My business is new as well so sales at first will not be very high and I will therefore need to keep costs down. * The cost of labour- Labour costs are what It costs a business to hire workers, for example their wages. A business may locate where workers' wages are low. Wages are often higher in London. When looking for a location, I will take into account what type of people live in that area. I will not be paying very high wages as I am a new business and will high costs at the
What impact has JCB had on its market
What Impact Has JCB Had On The Market? Introduction I will be investigating the impact which JCB has had on the construction, agriculture and material handling equipment market. I will be using information from the media, the JCB website (www.jcb.co.uk) and from notes I took at a presentation given by Jason Sankey from JCB. I think that my research will show that JCB has had a major impact on the market and I believe the company will continue to be a main competitor in the market. Growth And Expansion The company started off as a "one man band", however they now emply over 6,000 people this is the first indication of their siccess and growth. The graph shown on appendix 1 (5 year growth) shows that JCB has grown rapidly since 2002. It shows that the company's production has almost doubled over the past five years. The company currently manufactures 279 different machines, five years ago JCB only had a range of 180 products, this shows that JCB has grown as a company. JCB targets many different market segments, they produce machines for use in the construction, agriculture,defence,groundcare,waste and recycling,industry and demolition markets. The fact that the company meets the needs of so many different market segments shows that they are diverse and that they have had a broad impact on the market. It also suggests that the company has built on it's success as it
the green team
INDEX PG NO. Introduction 2 Task 1: Research 3 Task 2: Project plan 4 Task 3: Job description 5-6-7 Task 4: Organizational chart 8 Task 5: Job advertisement 9-10-11 Task 6: Report 12-13 Bibliography 14 THE GREEN TEAM Introduction Green teams are basically made up of groups of people who have volunteered to help manage and identify problems in the environment and business organizations. Once the problems are identified they make specific improvements to help the different business organizations to operate in a more sustainable and efficient environmentally fashion. As the green team grows it will start looking for government agencies, business organizations and different business chains ( such as H&M etc) to implement methods that are more environmentally friendly and are not abusing the environment. Hence the company's efforts are recognized by a larger civic and business community. The effectiveness of a green team depends mainly on the company's * Management style * Number of employees *
OCR unit 1 Ao1
Ao1 unit 1 investigating business Mrs Hunter Public sector of the industry is providing a service and is run by government organisations. Eg; schools Private sector of the industry is focused on making a profit and is ran by individuals eg; local butchers Different sectors may have different aims as they are both aiming for different outcomes. If they aim for a certain target, this will give the organisation a goal in which they can see statistics and progress. If they reach these aims, it may give them the ambition to reach a bit further and set bigger aims for next time. If they do not reach these aims it may show that they need to change their product/service/ideas or show them to set lower, more realistic and reachable targets. These aims are: To make a profit Gino casuals are a business within the private sector. They would be interested in making a profit. In order to make a profit, a business such as Gino casuals will have to look at selling popular brands that they will be able to sell without hesitation, sell nice, top of the range material that the consumer is willing to buy. They will have to strike a deal with manufacturers to settle a price they are willing to pay, sell not just cloths, but other products such as novelty gifts, posters, and others. They may also have specialist products eg; clothes for pregnant women that are
Economic Influence on a Business
Economic Influences Economic influence is when a business is affected in any way by the economical factors. Economic Factors are the main elements that affect financial matters of a business like tax, interest rates, banks and stock markets. There are different ways in which different economic factors can affect a business for example the taxation is one of the main factors that can affect a business, it can affect the business because they have to pay tax to the government on the energy they are using or they have to pay some profit that they make to the government as tax. Interest rates are charged on every loan that a business takes from the bank, this can affect a business because if they keep on borrowing the loan they would have to pay extra money back to the bank this can affect a business in making profit. Stock market is where the Longleat's stakeholders can buy shares and invest in business because they get a slice of ownership in the company, their company can be completely taken over. As a large business Longleat has to face a number of economical factors such as taxation, interest rates, labour. Stock markets is not one of the important factors faced by Longleat because Longleat is a private limited company and it would only give shares to the investors it selects. Factors such as tax are common in every business, Longleat has to pay tax to the government such
Venetian ices task one
Task 1 Venetian ices was founded by Toni Seghini in 1948, he left Italy because he thought there was a big business opportunity in Britan for selling ice cream. Toni seghini started his business off by being a sole trader and, when his business grew, he formed Venetian ices Ltd A sole trader is a person who owns their own business and runs it on their own. This is the most common form of business ownership in the UK, to set up a sole trading business all you have to do is: decide a name, Raise the amount of capital needed, and decide whether you need premises and employees. You have to be able to keep accounts, or find an accountant to do them for you; this is because every year you must send your accounts to the Inland Revenue. The advantages for being a sole trader are: > It's relatively easy to start, no complicated paper work or procedures. > Decisions can be made quickly; there is no one to disagree with. > Not much capital is needed to set up. > Sole traders are motivated to work hard, as they keep all the profits. > Customers may gain personal attention that large companies can't compete with. > Sole traders only have to tell the inland revenue about the state of their business > Sole traders can choose their own working hours and holidays Though being a sole trader does have its disadvantages: > Sole traders have unlimited liability, this means that if the
Conclusions
Having collected all my data and research I have come to several conclusions about my product and how to successfully market it. These conclusions will be vital, as they will enable me to gather a clearer picture of the correct ways to achieve my aims. I will state the details of my product and how I shall market it, examining the marketing mix; the four Ps (Product, Price, Promotion and Place). Basically I will endeavour to use all the results from the research, both primary and secondary to make decisions on the details of my product and how to market it. Product I will integrate the most popular elements of each potato snack design in order to achieve an accomplished, successful finished product. Therefore, the details of my final product are largely based around the results and analysis of my consumer survey. The product name may seem like a basic thing to research, but this is in fact often the most crucial detail, as people often judge a product by its name. If people are going to be talking about the product (as the most successful form of advertising is by word of mouth) then the name needs to be memorable, suitable and appealing to any possible consumers. I have decided to choose the product name Loop-da-Loops, based on my third design of crisp at the beginning, as this was the most popular name, and indeed the most popular product overall. This means much of the
