...Faculty: Business and IT Exeter College BTEC Assignment Brief |Course Title: BTEC 90 Credit Diploma in Business/BTEC Certificate in | | |Business | | | | | | | | | | | | | | | |[pic] | | |[pic] | | | | |Assignment Title:...
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...Unit 1 – The Business Environment P1 – Describe the type of business, purpose and ownership of two contrasting businesses Done by Fatima Shafique 12 G2 * Emaar (Profit orientated business) Emaar is a real-estate company which is based in the United Arab Emirates. It is currently the Persian Gulf region's largest land and real estate developer. With over 60 companies, Emaar's activities include property investment and development, property management services, education, healthcare, retail and hospitality sectors, as well as investing in financial service providers. Type of ownership: Public Joint Stock Company (public limited) Liability: Limited liability Size: Emaar is extending its expertise in developing master-planned communities internationally, and has a significant presence in several key global markets with established operations in the United Arab Emirates, Saudi Arabia, Syria, Jordan, Lebanon, Egypt, Morocco, India, Pakistan, Turkey, USA and Canada. It employs over 10,000 people and has over 60 companies. Revenue: $3.307 billion (2010) Sector: Secondary sector Purpose: to transform Emaar into a one-stop, global solution provider for lifestyle, including homes, work, play, leisure, retail, health, education, finance, industry and more. * Dubai Autism Centre (Nonprofit organization) Since November 18th2001 The Dubai Autism Center began the creation of its various services targeted towards encouraging...
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...P1 – Describe the type of business, purpose and ownership of two contrasting businesses. There are numerous amounts of businesses in the UK, from the public sectors to the private sectors; most large businesses operate on the global scale, such as Tesco, Morrison’s. Businesses in the public sector look for profits and higher income; they are funded through the government, non-profit businesses or charities can also help out with funds. There run in 2 main types of sectors; public and private. In this work I will provide relevant examples of businesses and their case studies. Describing two contrasting businesses the purposes and ownership of St. Benedict’s sixth form and Tesco plc. There are different types of businesses such as: * Local – these are businesses which operate locally. E.g corner shop. * National – national businesses are found in two countries or more. E.g co-op. * International – businesses that are in two or more countries in the same continents. E.g Morrison’s. * Global – businesses that are found in two or more continents. E.g Tesco. * Public – these sectors are funded by the government. E.g St. Benedict’s. * Private – (sole trader) owned by one person. E.g corner shop. * Private – (partnership) between 2-20 people own a partnership. E.g car business. * Private – (Ltd) there are no limits to the amount of owners. E.g Barclays bank. * Private – (Plc) anybody or party can join this business. E.g Sainsbury. * Charitable...
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...1 1. What is meant by price elasticity of demand? [2marks] Price elasticity of demand is a responsiveness of quantity demanded due to change in price of a commodity. 2. What is meant by price elasticity of demand? [5marks] Price elasticity of demand is a responsiveness of quantity demanded due to change in price of a commodity. It can be calculated using a formula. % CHANGE IN QUANTITY DEMANDED PED = % CHANGE IN PRICE There are five types of elasticity where the value ranges from 0 to infinity. They are; Perfectly inelastic ( elasticity value is equal to 0) Perfectly elastic ( elasticity value is equal to infinity) Elastic ( elasticity value is greater than 1) Inelastic ( elasticity value is less than 1) Unitary elastic ( elasticity value is equal to 1) Note: - Candidates can include simple diagrams of different types of elasticity. 3. Discuss why the price elasticity of demand for the items mentioned in the article might differ. [5marks] Note: - Here, no need of definition since in part –c definition of elasticity has been given) The items mentioned in the article are clothing and footwear, together with certain perfumes, hair-styles, cell-phones and household appliances. First of all clothing and foot wear can be classified as a basic human need where people find very difficult to live without that. This means any person is ready to buy these products at any price since they did not have a choice. So, these products are inelastic product where...
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...Mabinty Turay unit :1 Barbara mercer/ Scott Hagan Task: 1 (p1) Describe the type of business purpose and ownership of two contrasting businesses. Sainsbury's Sainsbury's supermarket is one of the UK's longest standing foods retailing chain, Sainsbury's opened its first store in 1869. Sainsbury's brand was built through a heritage providing their customers with healthy, fresh, safe and tasty food. Sainsbury’s is the second largest chain of supermarket in the United Kingdom with a share of the United Kingdom supermarket sector of 16.9%. Sainsbury’s became the largest grocery retailer in 1922. Sainsbury's main purpose: Sainsbury’s purpose is to provide a value for money, retail outlet for the general public. Also Sainsbury’s purpose is for them to deliver an improving quality shopping experience to their customers with great products at fair prices. Sainsbury's have a chain of 504 supermarkets and 319 convenience stores. Sainsbury's store also offers around 30,000 products. And their increasing number of stores also offers complementary non-food products and services. Sainsbury's is also currently in the tertiary and secondary sector, it because Sainsbury's provide services, they have banks, sell food they even have their own farm. Sainsbury's is a large business and it have about 161,000 employees working for the business in 2014, Sainsbury's operate in the United Kingdom. ...
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...Unit 29: Understanding Retail (10 Credits) Assessment Sheet Name: Rory Adamson ……………………………………………………………………………… | | | | | |Assessment Criteria |Achieved | | | | | |Pass 1 |Describe the structure and organisation of the retail sector | | | | | | |Pass 2 |Explain the process of distributing goods through different channels from the | | | |manufacturer to the customer. | | | | | | |Merit 1 |Compare the function of formats and locations in retailing. | | | | | | |Merit 2 |Compare the methods used to distribute products and services. ...
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...Unit 3 Introduction to Marketing – P1 - describe how marketing techniques are used to Market products in two organisations [IE] In this unit, I will be exploring the aspect of marketing in the business world. I will explore the techniques used by two contrasting businesses to be able to identify the differences between their techniques with a high degree of clarity. The 4 P’s: Product- A product is seen as an item that satisfies what a consumer demands. It is a tangible good or an intangible service. Tangible products are those that have an independent physical existence. Typical examples of mass-produced, tangible objects would be the common razor blade and a motor. Price- the price of a product is essential if any development in the market is to be made. This is because a decent price is the only thing at the end of the day that attracts a customer. Price comparisons to competitors must be considered as obviously, if the product is the same but the price is higher, not many if any customers will choose to buy the available product. A variation within the prices within a calendar year is good to do as during times such as Christmas, sales tend to rise as people are desperate to buy gifts even as late as a day before. This causes sales to rocket. If discounts are made, it is possible that a huge amount of sales in just one day. Place- the area in which a business’s deploys its service is hugely important. This is because if its area is filled with competitors trying...
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...found. | Criteria Reference | To achieve the criteria the evidence must show that the learner is able to: | Task no: | Page numbers | P1 | Describe the type of business, purpose and ownership of two contrasting businesses | 1 | 1 to 7 | P3 | Describe how two businesses are organized | 2 | 8 to 10 | P4 | explain how their style of organization helps them to fulfil their purposes | 2 | 8 to 10 | Learner Declaration | I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.Learner Signature: Bayan Kaid Date: 28/9/2015 | YOUNG INVESTORS MAGAZINE UNIT 1: Business Environment By: Bayan Kaid | 9/19/15 | Teacher: Fred Nzuku | Contents | Page number | Task one (P1) * Introduction of business & magazine………………… | (1,3) | * Private sector Business: Safaricom………………….. * Introduction to Safaricom……………………………. * Safaricom Competitors & no of employees………….. * Safaricom type of ownership…………………………. * Ownership advantages and disadvantage…………….. * | (4) | * Safaricom sales and figures…………………………. * Purposes of Safaricom existence…………………….. * Safaricom aims and objectives………………………. | (5) | | | * Public sector Business: National Bank of Kenya…….....
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...STELA PICICUROV Assessment activity 1.1 In this assessment, I have chosen to write about Oxfam which is a world known registered charity and Marks and Spencer (M&S) which is a major British multinational retailer. P1. Describe the type of business, purpose and ownership of two contrasting organisations. The name Oxfam comes from the Oxford Committee for Famine Relief, founded in Britain in 1942 due to relieve famine in Greece caused by NazilGermany military occupation and Allied naval blockades, and registered in accordance with UK law in 1943. Oxfam International was formed in 1995 by a group of independent non-governmental organizations. Their aim was to work together for greater impact on the international stage to reduce poverty and injustice. Oxfam International is registered as a non-profit foundation at The Hague, Netherlands. So Oxfam does not have ownership, it is run by Board of Directors and if the business does close down it will give it charity stuff to another charity. This business is not set up to make profit for it personally need it is set up to make profit for people in need. Oxfam gets its money from many different sources: * like the shops that people can go to * people donate their old and unwanted clothes and items and Oxfam sells it to us, the consumers * they also get private donations given to them by people who want to help Oxfam is an international confederation of 17 organisations working in approximately 94 countries...
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...Introduction to the fuel market Fuel is the most important commodity in our daily lives and it is one of the main inputs in the economic sectors such as transport, construction and so on. If war occurs in Country A, which is the largest oil producing country in the world, the fuel supply will be disrupted and the economic problems will exist in countries around the world. Let us have a look into a real example of this with the history in world oil market: In 1979 and 1980, events in Iran and Iraq led to round of crude oil price increases (Williams, 2009). It resulted in the loss of 2 to 2.5 million barrels per day of oil production between November 1978 and June 1979 in Iran. At one point, production almost stopped the progress. The Iranian uprising was the immediate cause of what would become the highest price in World War Two. However, its impact on prices would have been limited and of relatively short duration had it not been for subsequent events. Shortly after the revolution, production was up to 4 million barrels per day. In September 1980, Iran already weakened by the revolution invaded by Iraq. By November, the combined production of both countries was only a million barrels per day and 6.5 million barrels per day less than a year before. Consequently worldwide crude oil production was 10 percent lower than in 1979. The combination of the Iranian revolution and the Iraq-Iran War cause crude oil prices to more than double increasing from $14 in 1978 to $35 per...
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...Unit 10; Market Research in Business P1: describe types of market research Introduction For this first assignment I will provide a manual that shows the main types of market research. Market research is the method of gathering and analyzing information about customers, competitors and the market. Market research is used when companies want to focus on things like market trends, customer habits and lifestyle, what price customers will pay for a product and what competition exists. This type of research assists companies build an idea on how competitive the market is also business owners can price their products efficiently with the understanding of the current market research. Primary research This involves the collection of new information for a specific purpose. The following are 3 examples of various methods for conducting primary research. 1. Observation, Involves watching some type of behaviours. Eg: watching customers shop, the observer can watch how long customers spend in a particular aisle and which products they look at. This type of observation is very useful in providing information about the best possible layout for a supermarket, and the sorts of display and offer that appeal to customers.The main advantage is that the researcher watches behaviours first-hand, the results is therefore more accurate. The main disadvantage of observation is that is it very time consuming and hence expensive. 2. Experimentation, the purpose of an experiment is to...
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...Research Methods for Strategic Managers to Aid in Decision Making Abstract [P1] Managers can be trained to make better decisions. They also need a supportive environment where they won’t be unfairly criticised for making wrong decisions and will receive proper support from their colleague and superiors. A climate of criticism and fear stifles risk-taking and creativity; managers will respond by ‘playing it safe’ to minimise the risk of criticism which diminishes the business’ effectiveness in responding to market changes. It may also mean managers spend too much time trying to pass the blame around rather than getting on with running the business. The study is based on all-embracing research to assemble information from a variety of sources such as internet, interview and books. The research was conducting on the decision making in the different economic scenario data was collected and results were evaluated. Introduction [P1] [1.1] Some decisions are difficult because of the need to take into account how other people in the situation will respond to the decision that is taken. The analysis of such social decisions is more often treated under the label of game theory, rather than decision theory, though it involves the same mathematical methods. From the standpoint of game theory most of the problems treated in decision theory are one-player games (or the one player is viewed as playing against an impersonal background situation). In the emerging socio-cognitive engineering...
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...Chapter 11: 4, 7, 8, 10, 11, 12, 14, 15, 18, 20, 21, 22, 23, 24, 26, 27 Chapter Eleven Credit Risk: Individual Loan Risk Chapter Outline Introduction Credit Quality Problems Types of Loans • Commercial and Industrial Loans • Real Estate Loans • Individual (Consumer) Loans • Other Loans Calculating the Return on a Loan • The Contractually Promised Return on a Loan • The Expected Return on a Loan Retail versus Wholesale Credit Decisions • Retail • Wholesale Measurement of Credit Risk Default Risk Models • Qualitative Models • Quantitative Models Summary Appendix 11A: Credit Analysis (www.mhhe.com/saunders7e) Appendix 11B: Black-Scholes Option Pricing Model (www.mhhe.com/saunders7e) Solutions for End-of-Chapter Questions and Problems 1. Why is credit risk analysis an important component of FI risk management? What recent activities by FIs have made the task of credit risk assessment more difficult for both FI managers and regulators? Credit risk management is important for FI managers because it determines several features of a loan: interest rate, maturity, collateral and other covenants. Riskier projects require more analysis before loans are approved. If credit risk analysis is inadequate, default rates could be higher and push a bank into insolvency, especially if the markets are competitive and the margins are low. Credit risk management has become more complicated...
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...PROJECT REPORT ON “SECURITY ANALYSIS AND PORTFOLI MANAGEMENT” CONDUCTED AT “Indiabulls Financial Service Limited” A dissertation submitted to the OSMANIA UNIVERSITY, Hyderabad in the partial Fulfillment for the award of the degree of “MASTER OF BUSINESS ADMINISTRATION” BY D.GANGADEVI (1313-10-672-042) UNDER THE GUIDANCE OF Mr.Manohar( Prof. ) MATRUSRI INSTITUTE OF PG STUDIES ( AFFILIATED TO OSMANIA UNIVERSITY,HYD) SAIDABAD, HYDERABAD 500079. 2010-2012. ACKNOWLEDGEMENT With profound esteem and affection, I recall the favours I have gained from my teachers, parents and all who co-operated with me in the course of the completion of this dissertation. I wish to express my deep sense of gratitude to Mr.VINOD KUMAR BRANCH MANAGER of Indiabulls Financial Limited for the opportunity to go through with my dissertation in his organization and to Mr.K.RAMESH CHENDRA, who has guided me in the organization with lots of advises, corrections and personal care. Lastly, I owe my special thanks to all my faculty members, friends and laity who co-operated with me in completion of this dissertation. ...
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...CHAPTER I Introduction Stability is a prerequisite for growth and equity so that the rate of inflation is too high to be lowered by interrupting the growth and impoverish the small people on low incomes and fixed. That is why after the 1965/1966 crisis and also after the 1997 crisis, lowering the inflation rate is a top priority in which the government and Bank Indonesia has succeeded admirably. In three years, inflation can be derived from 650 percent (1996) to 9 percent (1969), after 1997 inflation can also be reduced from 70 percent (1998) to only 5 percent (2003). But stability is not just for the sake of stability, but for something larger that is equitable and growth. After rising fuel prices, the prices become so high that people's purchasing power is still low. Economic growth indicate that the government has not been able to open employment opportunities to the people. Meanwhile, the business world also slows down. This is because the minimum wage increases the demand which must be fulfilled. Unemployed increased every year, in 2004 unemployment reached 10,854,254 people. Therefore, the purpose of making this paper are: 1. Knowing the concept and the relationship of inflation and unemployment. 2. determine the condition of inflation and unemployment in Indonesia 3. What the policy taken by the government to control inflation and reduce unemployment, increase employment. CHAPTER II Theory 2.1 Unemployment Unemployment...
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