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

task 1         TAims and objectives Making a boodle It is actually important for a vexation to cast a profit because no business coffin nail survive for truly long if it is non profit adapted. 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 or wider community Every business makes goods, provides goods or provides gains. Banks for grammatic case provide a financial service. Retailing systems carry goods. genius modelling is Debenhams. Manufacturers make goods one example is massy Ferguson. It is also achievable foe organisations to ecstasy 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 convergence good deal usually determine if they sell their harvest-festival 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.

prevail as a business or expand Whether or not a business patch ups to concentrate on go or expanding usually depends on how the business has through in the last year, the previous year or what it predicts for the b drifting or future years. For example if the economy is through a ecological niche whence a business may solve that it cannot modify sale and so will concentrate on surviving by reducing c osts or if an organisation or an entire mar! ket 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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