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.
Business communication is essential to personal and job related situations. Think about how much people use communication in their lives, through verbal, non-verbal, and by listening to others. Effective communication skills are vital to build successful relationships with friends, family, and employers. Both the speaker and the listener share responsibility of making the message clear, but effective communication is more than speech and hearing. Body language, tone of voice, word choice, message clarification and communication style all come into play, and can make the difference between success and failure in our interactions with others.
Describe the rules and legal requirements surrounding copyright and plagiarism and explain the need for referencing and give details of the two different types and referencing. For this task I have chosen the topic of stokes. I will discuss the four ways researching
Social networks are widely used. Describe how this technology could be used in a business setting. Are there any drawbacks or limitations to using social networks in a business setting?
The organisation I have chosen to base my document on is RSD Travel. This firm is a small based travel agents that is run by 700 motivated employees and works closely with high end newspapers such as the ‘Daily Mail’, this enables them to attract more customers by targeting the broader audience. They work with a handful of destinations to match a price that is best suited to you. They also work in particular with disconcerting holiday makers in order to satisfy their needs as much as they can. They also provide tours that represent especially good value for money, and the process of booking directly with this company means that there are no middlemen with extra fees, and you also receive visibly, qualified advice. RSD Travel Ltd is a London based company which was founded in 2011 and was previously known as RSD TRAVEL AGENCY LTD until they later changed it in November of that month. The company’s main aim is to provide low cost holidays by focusing on small handpicked destinations to organise ‘special premium holidays’ for holiday makers in search of highlight’s, educational and
To compliment the presentation you developed for criterion P1, you now need to produce a report where you will demonstrate higher-level skills through comparing or finding the similarities and differences between the marketing techniques used by the two organisations.
There are different factors that can influence the success of a business. For each entrepreneur, the factors might be different depending on their knowledge, skills, and personal traits. However, I will mention a few key points that I consider are relevant and every entrepreneur should take into account in order to succeed. The most critical factors are execution, knowledge and skill, honesty and integrity, passion, hard work, and persistence (Sutevski, n.d). An entrepreneur needs to execute his or her ideas. Only actions lead to success, it doesn’t matter how great the ideas or plans are if there is no action there
Communication is important to me because it is a key component in maintaining professional relationships with my coworkers and customers. For example, part of my responsibilities as a project manager is scheduling and conducting scoping meetings with customers at Mississippi State University. During these meetings it is important for me to listen to the customer’s needs and wants for their project. By listening, it allows me to produce creative designs that meet both building codes and their scope of work. By maintaining good working relationships with customers, they gain trust in me that their project will be executed well and meet their expectations. Through this process I have also found that building positive relationships helps if any issues arise
Using the same small business you described in the first discussion, determine the best possible location for your business within driving distance of where you now live. Explain your rationale.
When the business treat the customer and greet them with respective manner, it will make the customer come back again to the business. And when the business seeks to resolve problems and issues, customer remains the confident in the company and continues the business relationship. In addition the happy customer will spread positive word of mouth about the business. This will increase more customers to the business.
For the past few months, I was struggling to get my restaurant business in Denver, Colorado on the initial pages of Google Places, Yahoo Local and Bing. I finally found the perfect solution to all my difficulties - local SEO. I contacted a professional SEO company providing local SEO services. After analyzing my business and its visibility issues, the SEO team presented me with an SEO package that included a wide range of strategies designed to enhance the search engine page ranking of my website and drive more traffic and sales. Let's look at how these strategies worked to promote my business.
“After producers raise the necessary capital, they negotiate contracts with all of the personnel who will be involved. This process can be difficult, because eleven different unions may be involved” (Pg.332)