External Influences on Two Chosen Businesses Essay

the types of business, purpose and ownership of two contrasting businesses A1 / T1 p.4 – p.10 P2 Describe the different stakeholders who influence the

business members with bulk-packaged, low-priced goods from a range of product categories including groceries, clothing and home wares. On the 17th of August 2009, the first Costco had launched in Docklands. Costco expanded nationally with the opening of two warehouses, one in Auburn, on the 21st of July 2011, and also in Canberra, on the 22nd of July 2011. As of 2014, Costco was the third largest retailer in the United States and then by 2015, it was the second largest in the world after Walmart. Background:

It is essential to know that every single event that occurs within a business has an external impact that can be social, economical, physically, etc. Good governance prevents businesses from performing illegal operations that benefit them but have a negative impact in other aspects. Good corporate governance also includes obeying the law, the two are not separated. In order for a company to be fully governed in an appropriate manner, it needs to follow the law and

Corporation is a technological company that was incorporated in June 1991. The company is designed to provide benefits by maximizing the value and reducing risks through their two main data management products, Enterprise Resource Planning (ERP) and Enterprise Information Management (EIM). The programs they offer allow businesses the ability to view every aspect of their data while increasing the quality of the information and integrating various interfaces through a single platform. Open Text Corporation

ethics and dress codes. 2. Strong workplace ethics is positively associated with creating corporate success. 3. Creating a dress code policy is positively associated with corporate success. METHODS Sample and Sampling Method • The target population-businesses on the Fortune 500 list. • The study population- the headquarter offices of The Kellogg Company, The Clorox Company and Nordstrom’s. • The sample- 200 randomly selected employees from the marketing department from each business selected. Therefore

Recruitment and Selection in Business In this assignment I will be demonstrating the way in which two businesses plan their recruitment and selection process. The two businesses I have chosen to speculate are Toys ‘R’ Us and in contrast I have chosen Hublot. I have chosen to write about these two contrasting businesses because they can show two different approaches to the recruitment and selection process. Recruitment Planning: The first stage of recruitment that you may be aware of it as an applicant

Task 1: know the range of different businesses and their ownership ‘Businesses on Our Doorstep’ Task 1A For this assignment my task is to choose two contrasting businesses within the Borough of Newham and describe the type of businesses, purpose and ownership. One has to be a large profit making business, like PLC or Ltd, and the other a small business, profit, not-for-profit, sole trader, partnership or small ltd. For the first business, I have chosen one of the largest retail in the world, Tesco

EXPLANATION: The chosen organisation is Southside Takeaway, a small takeaway shop with approximately 5 employees. The system dynamics diagram below illustrates the interactions and activities of the business. The goal of the business is to produce fast, quality takeaway food that satisfies customer’s demands. The business has a sole trader structure but has had to rely on outside family investors for cash flow. This outside family investor arrangement means that bigger purchases can be made through

the importance of marketing and a marketing plan for the success of new businesses. Also, to identify the essentiality in new business, 5 Directors were interviewed with semi structured questions by the researcher as on their approaches and experiences towards marketing while they took initiative for new business start up’s. The findings of the study was based majorly on the theoretical studies marketing plan for new businesses. The study was based on secondary data from books by famous authors

My two chosen contrasting businesses are Asda and Oxfam. The differences between Asda and Oxfam is that Asda is a public limited company and Oxfam is private limited company and is non-profitable whereas Asda is a profitable company. As Asda is a public limited company its shares can be sold to the public by selling its stock. Asda’s purpose is to supply goods of a certain quality to customers and as well earn money to stay in the retailer’s competition which include Tesco, Sainsbury’s and Morrison’s