Unit 31 Explore Business Activities

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Keywords list || Keywords activity || Marking Criteria, || Questions for reading comprehension A || Questions B || Questions C || Questions D


Lesson 1 Continue with Internal Structure

 

Halfterm

Lesson 6 Hand in P1, P2, P3

Lesson 5 Internal Structure, Functional Areas and Influencing Factors

Lesson 4 Planning proces (continued)

Lesson 3 Planning Process (Setting Aims and Objectives)

LOs: aims and objectives, how to set, what are good aims and objectives?

The aims and objectives of organisations

How to measure their achievement - profit/loss; level of service agreement,

The process of setting objectives - the scientific one - (Analysis of past, current, quantitative and qualitative), then set the objectives. Price above-cost, Price at-cost, profit and loss, break-even, level of service agreement, contractor,

The aim of the process SMART (Specific, Measurable, Achievable, Realistic, Time related)

 

Homework: type up all the drafts for P1 and P2

 

Lesson 2 Stakeholders of Organisations

A stakeholder is anyone (individual or another organisation) that could be affected by the activities of the organisation.

There are nine categories of stakeholders listed in the textbook and they are: customers, employees, suppliers, trade union, employer's association, ...local and central government,

Activity: Choose two organisations (e.g. TESCO & H6FC) describe the stakeholders, why it is a stakeholder (how it is affected, what is desired from the relationship, what the stakehold would do to get what is wanted.

Org. 1 - TESCO Relationship How to get result  
Customer

A customer desires good quality products, low price, good service and convenience from TESCO's.

feedback to TESCO, complain, campaign, petition, withdrawal of business,  
       
       
       
       
       

 

 

Lesson 1 Types of Business

Activity: Name and describe a business (individual + group + class)

Methods of classification: Ownership, Geographical Coverage of Operations, Size, and the Sector of Industry

Legal forms of business: sole trader, partnership, limited company, public limited company, franchise, charity

Homework: Find two contrasting organisation, describe them thoroughly. The operations, stories and the four ways of classification.

Classify them into primary, secondary, tertiary sector.