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2022 Distinction : Unit 1 - Exploring Business Assignment 1

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Uploaded on
June 26, 2022
Number of pages
75
Written in
2021/2022
Type
Essay
Professor(s)
Unknown
Grade
A+

Subjects

  • unit 1 assignment 1
  • learning aim

Content preview

Arif Mohammad
Unit 1 – Exploring Business
Learning Aim, A: Explore the features of different businesses and what makes them successful
Learning Aim B: Investigate how businesses are organised




UNIT 1 – ASSIGNMENT 1
Features contributing to the success of contrasting businesses

,Arif Mohammad
Unit 1 – Exploring Business
Learning Aim, A: Explore the features of different businesses and what makes them successful
Learning Aim B: Investigate how businesses are organised

Contents
Explain the features of two contrasting businesses...............................................................................4
Introduction - Tesco...............................................................................................................................4
Purpose..................................................................................................................................................5
Sector.....................................................................................................................................................6
Scope of activities..............................................................................................................................8
Size........................................................................................................................................................9
Ownership and Liability.......................................................................................................................10
Tesco’s Mission Statement..................................................................................................................11
Vision/aims..........................................................................................................................................12
Objective..............................................................................................................................................12
Explain how two contrasting businesses are influenced by stakeholders............................................14
Relationship with Stakeholders...........................................................................................................14
Customer:....................................................................................................................................14
Suppliers:.....................................................................................................................................15
Competitors:................................................................................................................................16
Managers:....................................................................................................................................16
Shareholders:...............................................................................................................................18
Community Groups:.....................................................................................................................18
Pressure Groups:..........................................................................................................................19
Government:................................................................................................................................20
Explore the organisational structures, aims and objectives of two businesses...................................21
Tesco:...................................................................................................................................................21
Assess the relationship and communication with stakeholders for both businesses..........................23
Tesco:...................................................................................................................................................23
Customers:...................................................................................................................................23
Suppliers:.....................................................................................................................................24
Managers:....................................................................................................................................25
Pressure Groups:..........................................................................................................................26
Employees:..................................................................................................................................26
Analyse how the structure of the two businesses helps to achieve the aims and objectives..............29
Tesco:...............................................................................................................................................29
Human Resource.................................................................................................................................31
Finance................................................................................................................................................32

1

,Arif Mohammad
Unit 1 – Exploring Business
Learning Aim, A: Explore the features of different businesses and what makes them successful
Learning Aim B: Investigate how businesses are organised
Customer Service.................................................................................................................................32
Production and Quality........................................................................................................................33
Research and Development.................................................................................................................34
Marketing............................................................................................................................................34
Sales.....................................................................................................................................................35
IT..........................................................................................................................................................36
Administration.....................................................................................................................................36
Evaluate the reasons for success of two contrasting business organisation........................................39
Tesco:...................................................................................................................................................40
Explain the features of two contrasting businesses.............................................................................48
Introduction – Marie Curie..................................................................................................................48
Purpose................................................................................................................................................49
Sector...................................................................................................................................................50
Scope of Activities................................................................................................................................50
Size...................................................................................................................................................51
Ownership and Liability.......................................................................................................................52
Mission statement...............................................................................................................................52
Vision/aims..........................................................................................................................................53
Objective..............................................................................................................................................54
Explain how two contrasting businesses are influenced by stakeholders............................................55
Relationship with Stakeholders...........................................................................................................55
Staff:................................................................................................................................................55
Board of Trustees:............................................................................................................................55
Local Community:............................................................................................................................56
Volunteers:......................................................................................................................................56
Partners:..........................................................................................................................................57
Supporters:......................................................................................................................................58
Explore the organisational structure, aims and objectives of two businesses.....................................60
Marie Curie:.........................................................................................................................................60
Assess the relationship and communication with stakeholders for both businesses..........................62
Marie Curie:.........................................................................................................................................62
Trustees:......................................................................................................................................62
Staff:.............................................................................................................................................62
Volunteers:..................................................................................................................................63
Analyse how the structure of the two businesses helps to achieve the aims and objectives..............65

2

, Arif Mohammad
Unit 1 – Exploring Business
Learning Aim, A: Explore the features of different businesses and what makes them successful
Learning Aim B: Investigate how businesses are organised
Marie Curie:.........................................................................................................................................65
Finance................................................................................................................................................66
HR........................................................................................................................................................66
Marketing............................................................................................................................................67
Research and Development.................................................................................................................67
IT..........................................................................................................................................................68
Evaluate the reasons for success of two contrasting business organisations......................................70
Marie Curie:.........................................................................................................................................71




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