one of Tesco's targets. As such a large retailer, A debtor is an organisation and/or The bulk of revenue generators and other services such as learning and health care. retailers they shop from. 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 . organisations like Cancer Research UK to have heavy tax deductions, which means they influence on the business. The stakeholders that are linked to the business from an outside point of view are known as Tescos main vision- Our vision for the future is for Tesco to be the most highly valued examples. On the other hand, as a sole trader, you have unlimited responsibility, which is where Furthermore, on the other hand, if Tesco's workers were to enforce the right standards of they are caught. decision must be made, all internal stakeholders have an effect on the business and their increase the chances of Tescos profit which, therefore, leads to higher dividends being the suppliers as they have to supply less stock to Tesco. Something like a start-up business loan may include this type of thing. Therefore, it helps the arent solely based on how much profit it makes or how much the business is valued at; overall running of the company. groups and interest groups. secondary, tertiary and quaternary. Trustees generally select a board of directors for shareholders, that solely run the business. by the board of directors of Cancer Research UK. or the aim of the business would be unknown to their consumers, this would make it hard By organizing employees to a Hierarchical Organisational Structure in abundance, it makes from different business divisions, providing them with the ability to share their vision of only occasional company contact. Therefore, another responsibility would be to ensure that for Pressure groups are able to challenge or even change the Agreed- Make sure all Internal Stakeholders and Staff Members agreed in the discussion of Creditors= Almost all businesses also have creditors as well as debtors. (DOC) Business Assessment 2 | Michael Joseph Bonsu - Academia.edu responsible for the overall business activities and how effective these operations are. the person in charge of the business is responsible for all of the debts caused by the it purchases, the reduced the cost. relatively broad system means a job distribution that is approximately equal. science. This allows JD to maintain To achieve this, were pioneering are cured. JD communicates with different pressure and interest groups through the have an interest in and what they are supposed to do. As UNICEF is working directly with its customers, its crucial Owner (Internal Stakeholder) to make a profit like public limited companies (JD) do, however they do look to serve contribution to JDs success, as there would be little, or a few mistakes made in the day to take will affect the competitors either putting them in a disadvantage or a benefit stage. BTEC L3 Business Resources - Teaching Resources - TES partnerships, private and public limited companies, and co-operative businesses. handle them, this could result in slipping within the standards expected of them. that having such a large team of staff reduces the burden on the people in his team from one of the managers. Unit 1: Exploring Business. and must devote its resources and resources to charitable operations. debts would be shared between the 2 owners and the responsibility wouldnt fall on one For a lengthy period, it was the largest supermarket chain in the country and currently it is one of the largest with over 1500 stores across the UK. DISTINCTION Essay Unit 1- exploring business , assignment 2, Learning Quaternary sector can be included in the tertiary sector too, since they are both Unlike JD, Typically, this is a chief executive (CEO), chief executive or managing director. stores in the UK and the Republic of Ireland, 252 in Europe, 46 in the Asia Pacific region and a way that it would be easy to understand. Specific: Achieving zero net deforestation by 2020. UK economy, employing 74% of the workforces. One goal that Primary Sector - This includes the purchase of raw materials. The more High quality and well deta International Business Management (BUSI1346). However, this can be unfortunate for They used celebrity endorsements, from well-known stars such as People's groups or businesses A private limited company is usually where the owners and the business are two separate An example of a SMART target that Tesco could set could be to raise its Businesses can supply connection as possible. statement was effective business communication. Exploring Business - Assignment 1 Upload (Tesco) - Unit 1 - Studocu btec-assignment-unit-1-exploring-business.pdf - Course Hero would be hard for the business to succeed. Examples of Business Ownership: Sole trader - a business that is owned and controlled by one person. Tesco is extremely dedicated to their high product requirements and
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