...Name: Arsalan Anwar Business level 3 Unit 1: P1 Introduction: In this assignment I will be selecting two contrasting business which are going to be Tesco and Oxfam. I will be writing a written report describing their purposes and ownership, to do this I’ll talk about what goods and services they offer and to whom they offer these to. Finally I’ll talk about where they operate and which industrial sector of the economy they operate in. Introduction of Tesco Tesco is a massive company with high revenues, it is also a public limited company (PLC) that means it has limited liability, the meaning of limited liability is that the investor cannot lose more than the amount he has invested within the company intern this means that the investor is not personally responsible for the debts of the company so linking this to Tesco it will mean that if Tesco goes into debt the investors are not responsible to pay it off. The main aim of Tesco is to make profit and the reason it will make profit is because it is a well know and established company which has been trading for many years. It has over 2000 stores around the world and it is employing nearly up to 300,000 people which proves that it is a global organisation. Sector of the economy Tesco operate Tesco operates in the tertiary sector which is also know as the service sector and is one of the three main economy sectors, the tertiary...
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...Unit 1 - P1 Table 1 Types Of Ownership: | Definition: | Example: | Sole Traders | A sole trader business is owned and controlled by one person and the most common type of business. | Window CleaningPlumbing Electrical Work | Partnerships | A partnership is usually formed by signing a Deed of Partnership (which sets out how profits will be shared and the different responsibilities and payments to partners) with the paperwork being supervised by a solicitor. | Medical PracticeDental PracticeAccountantsSolicitors | Private Limited Company | Private limited companies tend to be smaller than public ones. Often family businesses. There must be at least two shareholders. Shares in private limited companies cannot be traded on the stock exchange. | Green EnergyJohn Lewis PartnershipVirgin Atlantic | Public Limited Company | Public Limited Companies have their shares bought and sold on the stock exchange. This allows the company to raise large amounts of capital very quickly. | ASDAMicrosoftBlackberryMcDonald’s | Government Departments and Agencies | They operate on behalf of the government and are staffed by civil servants, known in this department as customs and revenue officers. Civil servants are people who work directly for the government. Their job is to collect income tax & other taxes on behalf of the government, to collect repayments on student loans and make payments such as tax credits. | Child Protection AgencyCabinet OfficeDepartment For TransportNHS England...
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...| Method | Internal or External | Primary or Secondary | Qualitative or Quantitative | Verbal | Focus Group.A business such as Tesco would use a focus group to conduct research and find out customer feedback on new products they might want to introduce. | The focus group would be external because the group would consist of people not employed by Tesco its self. | A focus group would be primary because it is conducted by them and collected for one specific purpose. | Using focus group information would be qualitative. This is because it is using the opinions gathered | Written | Customer Survey.A customer survey would be a written method of communication because the customers would probably want to improve the business. | The customer survey would be external because it will be conducted by customers who are not employed by Tesco and there will be little bias. | The customer survey would be primary because it is collected for one purpose, to try and improve the business with suggestions from the customers and done by Tesco. | This survey would be quantitative because it is using the opinions gathered by the customer. | On-Screen | Special Offers.Tesco would use special offers for communicating with customers on-screen because many people now shop online and so it would only be right to offer the same deals from in store to online as well. Also, Tesco would use these offers to persuade the customer to buy the product. | Special offers would be external because they are aimed...
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...P1 – Describe the recruitment documentation used in a selected organisation. A brief introduction to Tesco. Tesco PLC is a global grocery and general retailer and is the largest retailer in Britain. Worldwide, there are around 5380 stores. Measured by revenues, Tesco is the third largest retailer in the world, after Wal-Mart and Carrefour and in terms of profit, Tesco is the second largest retailer in the world, after Wal-Mart. Tesco is also the biggest private sector employer in the UK, with over 360,000 employees worldwide. As a company, Tesco has grown. They have gone from a company, just selling groceries to providing a wide range of products and services such as loans, phone and broadband, to car and home insurance. A summary of the types of employment within Tesco. Tesco employ a wide range of different people to suit their needs. There are a large range of jobs that are available, from head office roles, to factory work. An explanation of the recruitment process with emphasis on the purpose and contents of job descriptions. This should be supported with annotated examples of job descriptions from Tesco. When Tesco have a job vacancy open, they will include a job description. A job description is a description of the responsibilities associated with the given job. This is used so that An explanation of the purpose and content of employment contracts. This should be supported with an annotated example of an employment contract from Tesco http://stores...
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...Unit 2 The selected organisation is Asda. Asda is one of the world’s most well-known and valuable brands and commands a leading market share in the world’s supermarket business. Asda produces food and general household products and it also has a cafeteria McCafe which produces hot drinks, sweets and snacks. The restaurant employs about 130 people. Its structure is a tall hierarchal structure. On top you find the Head Office which consists of the owner of Asda and the board of directors, after you find the CEO of the restaurant the administrator. After the administrator you find the managers which on top you’ll find the first assistant manager, then the second assistant manager and after you find the swing managers. After the managers there are the crew of trainers and then the crew of members. Job Description A job description sets out the purpose of the job, where the job fits into the organisation structure, the main responsibilities of the job and the key tasks to be performed. A job description will set out how a particular employee will fit into the organisation. It will therefore need to set out: the title of the job to whom the employee is responsible for whom the employee responsible a simple description of the role and duties of the employee within the organisation. A job description could be used as a job indicator for applicants for a job. Alternatively, it could be used as a guideline for an employee and/or his or her line manager as to his or her role and responsibility...
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...Explain different types of business information, their sources and purposes. (P1) Type of business information | The source of information - Internal and External | The purpose of the information | Audience requirements | Advantages | Disadvantages | Source | Verbal | Telephone | With an employee and a boss | The participants need to pay even more attention | Can ask questions immediately instead of waiting for a reply | Misunderstandings can arise because of poor word choice, differing perspectives and faulty communication techniques | | | Customer service | To ensure customers have the help they need | Interest | Can be forgotten or misheard | Language barriers are a major cause of confusion when attempting to communicate verbally | | | Team meeting | To clearly define their objective to make a decision, brainstorm ideas, approve a plan, communicate a change or get a status report | Attention span | Everyone is receiving the same information at the same time | People may forget what was said during the meeting as it had not be written down | | Written | Letter for interview | To let an interviewer know whether they have been a successful candidate | Legibility | Can refer back to the letter if they have forgotten any piece of information | It costs for a stamp to send a letter | | | Email for surveys | To collect data about their customer service | Readability | Rapid delivery, ease of use and ability to reach large audiences | Not everyone likes...
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...Unit 7 Lesson 1 P1 1. What is malware? Malware is software’s that are installed on to your computer without you knowing. These software’s are designed to malfunction your computer and damage the computer system. Impacts: Some of the impacts are: 1. It disrupts operations 2. It also steals data and information 3. It allows unapproved access to system resources 4. It makes to performance of the computer slow and the web browser speed 5. You have problems of connecting to networks 6. It also makes your computer freeze or crash Computer virus: Computer virus is normally a program or a sort of code which is downloaded on to your computer without you knowing and it runs against your will. Theses virus can duplicate themselves. All computer virus is man-made....
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...P1 & M1 In this assignment I will be understanding complementary therapies that can be used by the users of health and social care. I will be looking at factors that can affect access to complementary therapies. I will be discussing complementary therapies that are available to service users of health and social care services. Complementary therapies are an alternative to using medicine. It works alongside in the support of conventional medical methods. It is used for pain management, many people use complementary therapies for arthritis. Complementary therapies will treat the whole person and not just the illness. This is done by the body and spiritual connection. Provision The most common ways to access complementary therapies would be to attend a private organisation which offers a number of different types of therapies which the client can choose from. The most common way to find an organisation would be to research the internet. The advantages of attending a private organisation are that the client is in control of their entire treatment. They are able to make their own decisions, and what kind of treatment of care...
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...(P1) Hardware: • Graphics Card: the graphics card takes digital information sent out by the operating system, specifying what is to be shown on the screen and make this into signal that the display can understand. Professional graphic designers value a digital visual interface connection between graphics card and monitor compared to the much older, much outdated visual graphics array cable connection, as it gives a better picture on screen. • Internal Memory (RAM): This is mainly used to hold programs when they are running and any documents or graphic files that the user has opened. At all times there is a flow of data between the hard disk, RAM and the processor. When a software application is run, a copy is made from the hard disk and stored in the RAM. When in the RAM the program can travel at very high speed to the processor where the program code can be run. • Processors (CPU):...
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...P1 - Describe the Potential Prompts that Initiate the Installation of New or Upgraded Software In this work I will describe the potential prompts that initiate the installation of new or upgraded software. I will write about three main prompts and explain the problems with existing systems, additional functionality required and external prompts for software bug fixes. • Problems with existing systems Overtime if you use a lot your laptop or PC it starts becoming really slow and popping up faults which need to repaired or improved. This happens only when there’s something wrong with your existing system. Sometimes it crashes, because of new installed updates or because it can’t run on your operating system. One of the reasons might be if you browse a lot on in internet and download a lot of illegal this might slow your PC. For example, if you download regular music, games or movies all these files take a lot of memory. To avoid these problems you need to regularly defrag your computer and run couple antivirus scans to fix it....
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...P1 Marketing is perhaps the most important activity in a business because it has a direct effect on profitability and sales. Larger businesses will dedicate specific staff and departments for the purpose of marketing. It is important to realise that marketing cannot be carried out in isolation from the rest of the business. For example, the marketing section of a business needs to work closely with operations, research and development, finance and human resources to check their plans are possible. Operations will need to use sales forecasts produced by the marketing department to plan their production schedules. Sales forecasts will also be an important part of the budgets produced by the finance department, as well as the deployment of labour for the human resources department and then finally a research and development department will need to work very closely with the marketing department to understand the needs of the customers and to test outputs of the R&D section. The basic concept of marketing is that it enabled the company to identify the needs of their customers and produce products and services to satisfy those needs. By doing this, the customer is the most focus of the business when decision making is in process. A business that does this is marketing-orientated. The production concept is where a business mainly focuses on creating economies of scale in production and distribution of a product or service. This assumes that customers will purchase lower-priced items...
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...Introduction Marketing- is the action or business of promoting and selling products or services, including market research and advertising. A more simple definition is the right product, in the right place, at the right time, at the right price. It involves a business trying to understand its customers by identifying their needs and produce the products which satisfy those needs. The concept of marketing is that firms should analyse the needs of their customer and then make decisions to satisfy those needs, better than the competition. Nowadays most firms have adopted this marketing concept but it’s not always the case. The philosophy of this concept came around after World War II, when people had to be selective with the products they brought and only buy the ones that meet their needs and requirements but to businesses these would not always be obvious. Now companies have to always keep customers in mind when thinking of a product and the market is so competitive you will need to be the best product out there in that market to have the most chance of being brought. Three simple questions are often used when businesses decided to come up with a new product; what do customers want? Can we develop it while they still want it? How can we keep our customers satisfied? All being very good and valid questions to ask which will help to increase customer satisfaction as they are always in their minds. The two businesses I have chosen to use in order to compare and contrast their marketing...
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...of Nottingham: | Consumer: | A consumer is an individual/organisation who buys a good/service for their personal use. They are a key stakeholder in some business’ as they are the primary source of their revenue. | A consumer would be interested in DFS, as they want them to produce high-quality, value-for-money products and the after-sales service in order to make any future sales. As they are the purchaser of the good, the business is essentially interested in the needs of the consumer. They can have a huge impact on the business as if they receive a poor quality product it would lead to any future sales being lost. This is vital as like every business, they need to sell in order to survive. In this instance the consumer could be pivotal to the survival if decline occurs. | A consumer would have an interest in The University of Nottingham as they want them to produce high quality service education. As the consumer are the students, they are market the business need to survive. If the educational system failed, then private businesses would fail to survive. This means that the business has to tailor the consumer’s needs for service. | Employee: | An employee is an individual who is hired under a contract of employment to work for a business. This could be Part-time, Full-time. Employees are key stakeholders in the business as they have that particular interest to work there, which should give reason to the companies to work ethically and look after the staff. | The employees...
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...The aim is to describe the different types of business organisation that operate in the UK. This will include a comparison between a Limited Company and a Charity in terms of their ownership, aims, economic sector and main stakeholders. For the report, I have chosen to investigate Sainsbury’s and RSPCA. Sainsbury’s Background information Sainsbury’s Supermarkets is the UK’s longest-standing major food retailing chain, having opened its first store in 1869. The Sainsbury’s brand is built upon a heritage of providing customers with healthy, safe, fresh and tasty food. It differentiates itself by offering a range of great quality products at fair prices with a particular emphasis on fresh food, an ethical approach to business and continuous leadership. Size of business J Sainsbury plc consists of Sainsbury’s – a chain of 504 supermarkets and 319 convenience stores. A large Sainsbury’s store offers around 30,000 products and an increasing number of stores also offer complementary non-food products and services. Business sector Sainsbury’s is currently in the Tertiary and Secondary Sector this is because Sainsbury’s provide services (they have banks), sell Food and also they have their own farm. Main goals and purpose At Sainsbury’s they will deliver an ever-improving quality shopping experience for their customers with great products at fair prices. Their aim is to exceed customer expectations for healthy, safe, fresh and tasty food, making their lives easier every...
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...|Assignment brief – QCF BTEC | |Assignment front sheet | |Qualification |Unit number and title | |BTEC Subsidiary Award in Business |Unit 1 The Business Environment | |Learner name | Assessor name | | | | |Date issued | Hand in deadline |Submitted on | |23 June 2014 |22 September | | | | | |Assignment title |Assignment 1: Type, purpose, ownership and stakeholders | |In this assessment you will have opportunities to provide evidence...
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