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Management Practices

Essay by   •  September 30, 2013  •  Essay  •  267 Words (2 Pages)  •  1,817 Views

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Lo1: understand the organizational purposes of business.

Q 1.1- EXPLAIN BRIEFLY THE FOLLOWING TYPES OF ORGANISATIONS AND THEIR PURPOSES

a) Virgin group LTD

b) Tesco PLC

c) National health services (NHS) UK

d) A Conner shop near where you live

NEEDED TO ADD purposes and difference with other company for example

Virgin group LTD vs sky .....

Tesco PLC VS asda .....

National health services VS private health clinic

Corner shop vs big shop or company

1.2: considering Tescos PLC, describe the extent to which it meets the objectives of its different stakeholders.

1.3: considering Tescos PlC, explain its various responsibilities as an organisaiton and the strategies it employs to meet them.

LO 2: understand the nature of the national environment in which businesses operate.

TASK 2

2.1 Giving relevant example, briefly explain how different economic system such as:command, free enterprise,mixed and trasitional systems attempt to allocate resources effectively.

2.2 considering TESCO PLC UK assess the impact of fiscal and monetary policy on their activities.

2.3- Explain the impact of competition policy and other regulatory mechansism on the activities of teso TESCO PLC UK.

LO 3: understand the behavior of organizations in their market environment.

TASK 3

3.1 Explain how market structures determine the pricing and output deciusion of tesco PLC UK.

3.2- iLLustrate how market forces shape TESCO PLC UK responses using range of examples.

3.3

Judge how the business and cultural environments shape the behavior of TESCO PLC UK

LO4: Be able to assess the significance of the global factors that shape national business activities.

4.1- discuss the significance of international trade to Tesco PLC UK.

4.2: Analyse the impact of global factors on tescos PLC UK.

4.3: evaluate the impact of policies of the European Union Tescos PLC UK.

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