Essay Btec Business Level 3 Unit 5 D1

| 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.

Take in and implement better technologies immediately as soon as they have availability, regardless of whether or not there are organisations using them beforehand

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

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 purpose of storing and retrieving required information is so you can readily retrieve it when it becomes required.

There are a number of guidelines and procedures in place to enable me to do my job not only to the best of my ability but in a professional manner. Whilst on the reception area, there are procedures that need to be followed relating to various aspects of the job including correct procedures to greet visitors, answer the telephone, dealing with incoming and outgoing mail, booking meeting rooms as well as many other procedures. All of the relevant procedures are kept in a file at the reception area where any member of reception staff can revise them as and when necessary.

There are many different paths people can take throughout their lives. In the novel, Fifth Business by Robertson Davies, the main character, Dunstan Ramsey, takes the path of the Canadian hero. There are many different steps to be taken by the hero and Dunstan Ramsey follows his path by completing each step.

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

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

The financial department have been asked to carry out analysis all invoices from the past year to provide data on where wastage is taking place.

Analyse how evaluating a business event informs future planning. Identify different methods of evaluation, e.g. questionnaires for delegates or a debriefing session, explaining how they contribute to identifying problems and providing solutions for future events.

Disciplinary procedures are a set way for an employer to deal with disciplinary issues. They should include a disciplinary hearing where you’re given a chance to explain your side of the story.

It is very important in business that individuals have lucrative methods of communication in order to convey important messages, and use these methods in order to interact with other businesses and the public. Methods of communication can also be commonly used to advertise and market, for example via the use of social networks which advertise to a wide range of individual, to through written posters which can be placed up in shop advertisements and on notice boards alike.

In this assignment, I will evaluate the reliability of break-even analysis in estimating budgeted activity levels for a selected organisation.