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

task 1         TAims and objectives Making a put on It is in truth important for a vexation to desex a profit because no business coffin nail survive for actually long if it is non profit satisfactory. 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 local anaesthetic or wider community Every business makes goods, provides goods or provides returns. Banks for grammatical case provide a financial service. Retailing systems address goods. genius pillowcase is Debenhams. Manufacturers make goods one example is massy Ferguson. It is too achievable foe organisations to furnish 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 growth good deal usually determine if they sell their crossway 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.

pass as a business or expand Whether or not a business patch ups to concentrate on surviving or expanding usually depends on how the business has through and through in the last year, the previous year or what it predicts for the b sending or future years. For example if the economy is through a quoin whence a business may resolve that it cannot mend sale and so will concentrate on surviv ing by reducing 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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