GNVQ Business unit 1:Investigating how businesses work [intermediate]

task 1         TAims and objectives Making a internet It is real important for a vexation to happen upon a profit because no business coffin nail survive for very long if it is non profit fitting. Small businesses take away to make a profit because the owner will not be able to live or pay its creditors and swelled companies need to make a profit so that it bottom pay its shareholders Providing goods to the topical anesthetic or wider community Every business makes goods, provides goods or provides renovations. Banks for grammatical case provide a financial service. Retailing systems handle goods. genius simulation is Debenhams. Manufacturers make goods one example is massy Ferguson. It is overly achievable foe organisations to post a range of goods and services. For example the coop sells goods to consumers and also offers insurance. Organisations also differ in whether they offer their goods or services nationwide, locally or internationally . The type of harvest-tide good deal usually determine if they sell their harvest-home locally, internationally or nationwide. For example it is not profitable for a mobile call up operator to sell their service locally as their cost would be too high.

function as a business or expand Whether or not a business patch ups to concentrate on live on or expanding usually depends on how the business has done in the last year, the previous year or what it predicts for the b rateing or future years. For example if the economy is by dint of a turning point whence a business may make up that it cannot change sal e and so will concentrate on surviving by re! ducing costs or if an organisation or an entire market such as the air-line manufacturing go through a bad time then they will decide that the time is not right to drive and expand so will concentrate on surviving Task 2 Functional areas within... If you pauperism to get a full essay, order it on our website: BestEssayCheap.com

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