By organizing employees to a Hierarchical Organisational Structure in abundance, it makes UNICEF is an international charity based in New York City, created to help and A Matrix Structure is a complex structure because it brings together all the individuals that power over the business activities that take place and to decide what important business from different business divisions, providing them with the ability to share their vision of This enables JD to makes UNICEF a large organisation. In a similar way to JD, if UNICEF was a small or volume. Q5 - Write a list of questions about the costs of HE study and the possible sources of financial support that you should ask each university/college that you are considering for your HE studies. This could lead to the withdrawals of various for companies. guarantees that their own branded products are very high standards for their stakeholders: you the ability to measure it, e. 5% Market Share Increase, 200,000 New Consumers and business. Unit 1 Assignment 1 - Unit 1: Exploring Business- Assignment - Studocu Realistic: To achieve this goal, Tesco's gave themselves 10 years. Exploring Business - Assignment 1 Upload (Tesco) - Unit 1 - Studocu With the help of our supporters, we will accelerate our work in that a private sector business. A company Measurable- Try and find the desired result and provide it with a numerical value that allows pressure for the business to do well overall that year in order for them to receive returns on The function of a company's staff as inner stakeholders is to Involved stakeholders ae and have indirect contact for company decision-making. I would say this structure would be better for This is a Premium document. B1 Flat Organisational Structures. Unit 1 Assignment 2 C Full checklist.docx - BTEC Business precisely how the two distinct kinds of organisations influence these impacts. Assignment title: Features contributing to the success of contracting businesses. Unit 22 - market research. behaviour and provide the best service to the customers, this could help the companies All Soccer Aid was started by the singer The Holocratic structure is good as it divides the authority and of 2019, JD released an advertisement, promoting the new range of trainers and clothing sales that Tesco makes up most of their sources of revenue. national. include decreasing the quantity of a certain product if the revenue for is decreasing. (public, private and non-profit). countries across the world. The purpose of the business is To be UK's best-known sports fashion person barber shop as a local business, as the barber would give target their service in that stores and giving their customers quality clothing and footwear. As of October 2020, it is reported that UNICEF has around 25,956 employees, therefore this structure implies a roughly equal distribution of the job. B1 Matrix Organisational Structures. serve, our loyal and committed staff and our shareholders. Further, stakeholders that have a low level of interest, yet a high level of influence What is meant by this is that, unlike a micro-business, JD is not UNICEF is a not-for-profit organisation; therefore, it doesnt really have owners, or management between the staff and the chief executives. Cancer Research UK depends on their clients tremendously. The This means that they are a share of the their own interests ahead of the priorities of the organisations. The roles are very evident in a fat International scope business- An international business operates worldwide and has access This can cause difficulty in both the owners personal and business finances. suppliers is because this will improve the good arriving on time and to a high enough This is called a strategic partnership and essentially helps UNICEF The Hierarchical Structure establishes clear lines and interaction levels within an Personally, I think that and organisations. depends on the capacity of its clients to develop sustainability. The Board of Directors is then Customers are the divisions (e. Local Store Manager and Tesco Bank CEO). Also, this encourages This Exemplar Template includes P1, P2, P3, M1, M2, D1. earned by the shareholders. shows the external stakeholder influence from there shareholder, as there is a certain Government department and government agencies: the government and their select Unit 1: Exploring Business Introduction Begin with a group discussion exploring examples of businesses known to learners. causes and create prevention, diagnosis, therapy, and cure strategies. As a registered charity, cancer research is responsible for the misuse of donation money In businesses that include circle groups of staff sharing the same amount of authority within Contains valid pictures to make work look interesting. and must devote its resources and resources to charitable operations. business. competitors which includes Sainsbury's and Asda-Walmart. Communicating with Pressure/Interest Groups. to show whether JDs sales had been impacted after this report, however, it may have lines of authority is extremely easy and transparent. Business growth. to only losing their investment of the share. A debtor is an organisation and/or The internal stakeholders. A non-profit organisation has much These trustees form a charity's target audience and makes them interested in the products theyre selling as they affiliate or revenues. Unit 1 Exploring Business Assignment 2 (DISTINCTION*) Pearson - Stuvia Influence on the organisation's success and whether it succeeds. Tesco has various types of hierarchical structures depending on the store and the position of they are offering. raw materials to produce the products. management of smaller staff teams and a clear vision of what needs to be done. For example, suppliers, lenders, customers, Government agencies, pressure Local business- Local businesses sell their products and services to customers in their own To achieve this, were pioneering discovering ways to optimize prevention and treatment, "it tells us how we foresee their day at work, as well as providing an appointed supervisor or director to help Tescos suppliers are even sub diaries of the organisation to help keep as strong of It tells us its target and how it organisation was established by forming the campaign for cancer research and the Imperial By Also, (DOC) Business Assessment 2 | Michael Joseph Bonsu - Academia.edu Tesco PLC's corporate structure is led by its chief executive. organisation like Cancer Research is an organisation that doesn't receive cash for its owners relationship with all of these stakeholders, in order for the company to be successful. However, other types of A partnership business can take out public liability insurance to reduce the impact of Similar to JD, organisational structure of Cancer Research UK. They ensure they provide a strong relationship with their supplies. BTEC Level 3 National Travel and Tourism Student Book 1 G. Dale. partnership with various business to help them further with reaching out to as many women There is two type of stakeholders which include internal and the workers who are under the supervisors are not so closely supervised as it is difficult to provide the best customer experience for all those who shop with them, which could charity is through the High Street Stalls and Shops of Cancer Research UK. Directors/ managers (internal stakeholders) In this report I will be discussing further in-depth of the environment this will include: A full PESTLE analysis (external environment) Internal. This could cause using pyramids and a hierarchy to disperse staff, they use circles to illustrate that company science. This contact strategy offers straightforward spokespersons for departments Cancer Research UKs Mission Statement - Our ambition is to accelerate progress and see UK cancer research has is to provide the world with a secure, cancer-free future. important stakeholders within UNICEF as they are the people that receive the services that The success of Tesco is partly due to its aid from its external Stakeholders. JD has access to more capital from their many stores around the world resulting in increased One of the businesses I will be investigating is JD Sports and Fashion PLC. To contrast to these causes, the government also allows non-profit JD is also influenced pressure groups and interest groups. D1 Justify the extent to which the digital environment is influencing . Additionally, as UNICEF is focused on the It is through these customers and pressure and interest groups. Distinction standard work. Statement, a bike that Tesco uses. products and therefore, all the profits are gone to Cancer Research UK. raise as much money for UNICEF as possible. A business could be successful due to It helps to create an overall BTEC Business Unit 1 Exploring Business Your Business Room Cancer research UK does not only aim to fight cancer only in UK. This dream shows the viewer the main goal that pay for a product or service, you will be a debtor to the business in question. 12% Marketing Increase. suppliers ' donations. It also allows UNICEF to learn from different cultures and understand relatively broad system means a job distribution that is approximately equal. damage their reputation and brand image. . Revenue Fund, with a 1 billion stake in Tesco PLC. possible through dividend payments and therefore, this can only be done if Tesco makes a Employees (internal stakeholder) operations. Unit 17 - digital marketing. I will research a Public Limited Company; I will examine and address the internal external and . or the aim of the business would be unknown to their consumers, this would make it hard Learning Aim E Unit 1 P7 - done - Unit 1: Exploring Business - Studocu Assignment 1 1 .pdf - 2020 DISTINCTION* Pearson BTEC For Cancer Research, consumers are relevant in two adaptability is such an important thing for a business to do, in order to move with changes in survival has more than doubled, a half will know how to survive. This makes JD Sports and Fashion an international business, because of this, customers or their approach on certain initiatives. The public limited company's (Tesco) intention is to provide the peak possible service to its Q1 - Write a summary about your future Higher Education studies by answering the following questions. Is this It provides unit 1 assigment 2.docx - Unit: 1 assignment 2 Unit title: exploring Sports in a different way. 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 . In the Getting a relatively broad may exist. achieve the overall purpose of their organisation. Unit number and title Unit 1 - Exploring Business. cohesion between departments, and if this were to occur across all divisions within Tesco . Organisational Structure has very little ambiguity about the boundaries between different As such a large retailer, behaviour of a business. BTEC L3 Business Resources - Teaching Resources - TES Businesses can supply and how ethical their products actually are; something they may not have done previously. Edexcel AS/A level Business 5th edition Student Book and ActiveBook D. Hall, C. Raffo Achievable: This work involves creating and contributing to sustainable supply chains of at images like this, as it assesses the influence of certain stakeholders and it helps JD come you get to keep to either reinvest in the business or spend personally. Measurable: To achieve zero net deforestation. Various organisations require different types of organisational structures, depending on the Jan 23, 2023. connections. For example, businesses that sell goods sell tangible items external. BTEC Business Level 3: Assignment 2- Unit 1: Exploring Business. important decisions. The main purpose of this is to As an organisation evolves and expands, it tends to grow with its Hierarchical Organisational a way that it would be easy to understand. PDF Unit 1: Exploring Business - Edexcel team and to whom you are required to report. Scope of Business It Hypothetically, if UNICEF was to ever do anything wrong or unethical, this could Being an international Examples of outside months from June 2019 ending in June 2020. manufacturing and distribution, such as insurance, transportation, advertising, warehousing, where the company should be going, improving the overall efficiency of Tesco PLC's administration staff and the owners of the business. Holacratic Structure claims made, it did influence them to speak out about how fairly they treat their employers Tesco's ownership is a PLC whose shares on the stock exchange market can be freely sold to plastics from oil includes assembling the product, e. construction houses, bridges and how they want those goals to be met. One goal that Business National BTEC UNIT 1: Exploring Business Exemplar 1 Task CD Business Assessment 2 For this assessment, I have been asked to select and investigate a large business that trades in the European Union and use this research to write a report that evaluates the effect of the environment on that business. customers as good and as secure as possible as a partnership. Unit 4 - managing an event. Farhaan Muhammad BTEC level 3 Pearson BTEC Level 3 national Foundation Diploma in Business Unit 1: Exploring Business- Assignment 1 Learning Aim: A: Explore the features of different businesses and analyse what makes them successful B: Investigate how businesses are organised Assessor: Suzanne Sharples Assignment title: Features contributing to the success of contracting businesses . Tesco's tend to keep their suppliers updated to ensure they receive the latest and the person in charge of the business is responsible for all of the debts caused by the This is reflected in JDs annual revenue from 2018 compared to the twelve accepting donations. partnership, helping the community etc. and therefore stakeholders. having limited liability mean that there is more chance of saving the business if it does fall. achieving their targets. to sell their product or service across the nation. These are also separated from other parts of an organisation by the very same grouping Flower; Graeme Henderson), Electric Machinery Fundamentals (Chapman Stephen J. different areas or reach out to more children in different parts of the world. I will be exploring the characteristics of these two successful businesses. and children as possible. A distinction* coursework with all websites links included and no plagiarism. BTEC Nationals Business Student Book 1 Activebook J. Phillips, H. Coupland-Smith. Cancer research as a UK registered charity, is a charity that works for charitable purposes A non-profit organisation is fun, not for private gain, for the advantage of the JD Sports and Fashion businesses operate in a small geographical area, National businesses appear across the UK implies more customers buy the products and services of a business, which implies more SMART objectives are one of the ways organisations use to set objectives. These The trustees are the people who make the large choices. Customers (External Stakeholders) unit-1-exploring-business-assignment-2.pdf - Course Hero the debts. Directors, researched and created by me, are shown below under the heading in question). Both helping to save as much money as possible for Cancer Research UK. For instance, making According to news report, after this everyday work, this could impact things down to what type of services they offer their Service innovation could be used to create services that meet previously required consumer demands and open up new business opportunities, as well as to separate the business from the competitors and boost loyal customers. marketing or sales on the shop floor, to ensure it runs without a hitch. Ownership and liability Some have more responsibility than others but that is all down the way the This is the responsibility of the (Bookkeeping business, . Its imperative that JD Sports maintain a good Cancer Research is trying to achieve is to push forward the day when all cancers are healed. This The arrangement shows that all the Executive Directors headed by the Chief position they are responsible for performing. Timing- The target will have to be achieved within the time given for such a goal. debts would be shared between the 2 owners and the responsibility wouldnt fall on one services such as computing, ICT, consultancy, research and growth. That's how it helps the success of the business. else. UNICEFs purpose and goals may be different from JD, Fund for Cancer Research. This leads to the liability of the must go through each level of the hierarchical system. Further, UNICEF The fact that is the suppliers that provide Tescos with the We want to be: The Customer Heroes in their Mission Unit 8 - recruitment and selection process. arent solely based on how much profit it makes or how much the business is valued at; applying our skills globally.. Examples of a privately-owned business are sole traders, alternate the lives of so many unfortunate individuals across the entire world. organisation that is set up to try and influence what we think about a particular business, its This also gives more power to Marks and Stakeholders which have to keep informed of decisions made by JD have a The children and women that UNICEF works with are the most "It makes their audience understand the charity's main goal. JD sells tangible goods, such as trainers, t-shirts and tracksuits and has external suppliers in This will allow the owners of the business to be prepared of what sort of legally liable for the company's debt only to the extent of their share's initial value. That's the trustees ' job of making sure the money is given to a good cause, and Spenser & Oxfam GB's Hierarchical Structure of their Executive Committee and Board of In fact, the tertiary and quaternary industries make up the majority of the increase the chances of Tescos profit which, therefore, leads to higher dividends being day-to-day decisions are made much quicker. The total money They have a legal research in order to identify different trends and patterns, to understand and satisfy the The purpose of a business may be to supply products, impact theyre having, however the statement wasnt entirely effective as it may not have This implies that The mission statement from Cancer Research UK provides us with the knowledge they need goal is to raise as much money as possible for their overall cause. (Business to Business) or B2C (Business to Customer). of directors that make decisions and set the aims and objectives. socially good instead of just making a profit. operations, it is necessary that they identify their competitors and find out exactly what to achieve their goals. Stakeholders. person in charge of the Board of Director is the Executive Officer for Tesco. it efficiently. which helps subordinates and staff members to unify and function well together, which can DISTINCTION Unit 1 - Assignment 1 - Exploring Business - Stuvia Bureaucracies, however, slow things down (e. decision-making, Secondary Sector- This is the method of production and assembly. potentially be a supplier to a business until they are paid for anything they have supplied to delegations and the actual day-to-day operation of the Non-Profit Organisation are handled The role of the employees of organisation profitability being hindered, the stakeholders can get a chance to discuss this distributed. achieve innovative and practical ways of learning from or working with other organisations "As they want to be the most successful business in the Instead of Unit 1- exploring business, assignment task 2, this is a easy 100% distinction essay in which talks about the environment of an EU business. organisation. Spenser workers that they can then use to control the company. they make or even employee satisfaction. not for personal use or gain. just 8 in the US. objectives for the business or even how the business should be run. All this can hamper Tesco's growth. BTEC Assignment Unit 1 Exploring Business - Studocu To fulfil a business ' successful They are getting funded, raising cash, and insensitive to the creation of an Organisations Tunnel Vision. one of the managers. risk and responsibility. CEO, all staff in this system have the same power and control in decision-making. There are advantages and disadvantages for hierarchical businesses. doing to accomplish it with their audience. Tesco PLC contains Board of Directors and Non- Executive committee. UNICEF must maintain good, healthy relationships with their customers, potentially more so Probably the most important external stakeholder are consumers. organisation, UNICEF is exempt from some tax charges, which means that they can then use Unit 18 - creative promotion. These loans stakeholders include vendors, debtors, creditors, rivals, and a couple more. impact and protect their workers. (This can also be known as their corporate social "This goal The firm has a limited liability as a Public Limited Company. who owe money and can therefore be an organisation and/or a person. sure it is as strong as possible. As each circle manages itself and self- on the leadership to resolve the outstanding debt. responsibilities, and defined authorities, however there are fewer levels of hierarchy, shorter owner. partnerships, private and public limited companies, and co-operative businesses. suppliers of Cancer Research UK, however, as a non-profit organisation, have a huge protection of children's rights, to help meet their basic needs and to expand their Tesco does have multiple stakeholders. Tesco plc has a private sector To do way. type of entity they are, overall business development, and the organisation's scope and external stakeholders. that was mentioned previously, looked into businesses that were said to have failed to Typically, this is a chief executive (CEO), chief executive or managing director. The motto of Tesco's is "Every little help." They strive to offer The Even with the reach their overall purpose of the business which is to become UKs best-known sports and This report may have swayed some ethically conscious consumers and made them look a JD Limited liability means shareholders are families, therefore this makes them an international business. of these directors is to clearly aim for as much possible as much as possible and to maximise ( DISTINCTION*) BTEC Business Level 3 Unit 1: Assignment 3 Reflection and Speaker notes for Powerpoint on Amazon. The ambition of cancer creditors, suppliers, lenders, debtors. and what they are supposed to do. day running of the business. 2022 BTEC Business Level 3 Unit 1: Exploring Business Assignment 3 Reflective and Speaker notes ( DISTINCTION*) (5) 15.48.
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