Business and Administration Level 2 Unit 4 Assessment

| The customers would be influenced because if the company are financially struggling the customers are there only hope to stay profiting. If the company was to go bust it means customers will no longer be able to shop there. The customers would be an external stakeholder, they can get information by advertisements and even check their annual report on the businesses website.

1. Identify four main points that would be included in a contract of employment. If possible, use an example contract to support your answer (feel free to obscure any confidential information).

Change happens in a business environment for a variety of reasons. Those reasons depend on both internal and external factors.

Telephone – A telephone maintains a few different features rather than just receiving and making calls. At work the phones that we use are often different to

During these times of change business may have to change its orgainsation, operation and its nature to deal with the challenges of each stage in the business life cycle. For business to be successful they must constantly develop and change strategies to deal with the growth of the business or the life of the business may be cut short.

1. In relation to your current business environment (or one that you are familiar with), identify at least two different types of information technology that may be used when completing work tasks.

There are several different types of business ownership which are most commonly used in business’ and company’s today, these include; Co-operative which is a business owned by its employees, Partnership which is a business owned by between 2 and 20 people, Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a business with the purpose to help the public, the government is a business owned by the government and lastly a sole trader which is a business owned by only one person.

• The first thing you need to do is save a copy of this document, either onto your computer or a disk

In this task I’m going to analyse the figures on cash flow that I created in P3 and justify why you think the business might have problems also provide range of solutions.

You need to be knowledgeable and efficient and show the company in a good light. A good call could be the difference between keeping that customers business or losing it. You should use each call, whether making or receiving as an opportunity to offer great customer service.

Please note that this Assessment document has 8 pages and is made up of 7 Sections.

Please note that this Assessment document has 8 pages and is made up of 7 Sections.

A way of doing this task efficiently would be to keep a log setting out of the roles that you and the other members of the team have within the team in which you are working as a part of.

An explanation of why your organisation needs to change identifying at least 6 internal and external factors that drive or influence the change.............................................................................................1

Prudence concept is when a transaction is uncertain and therefore the profit is not recognised and unclear. If these sales are not completed, it could be a problem for the business organisation. This money will be recorded as bad debts in the profit and loss account.