Unit four: Principles of supporting change in a business environment Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document, either onto your computer or a disk • Then work through your Assessment, remembering to save your work regularly • When you’ve finished, print out a copy to keep for reference • Then, go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make sure it is clearly marked with your name, the course title and the Unit and Assessment number. Please note that this Assessment document has 3 pages and is made up of 3 Sections. Name: Sue Barlow Section 1 – Understand why change happens in a business environment 1. Explain why change happens in a business environment.
Unit four: Principles of supporting change in a business environment Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document, either onto your computer or a disk • Then work through your Assessment, remembering to save your work regularly • When you’ve finished, print out a copy to keep for reference • Then, go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make sure it is clearly marked with your name, the course title and the Unit and Assessment number. Please note that this Assessment document has 3 pages and is made up of 3 Sections. Name: Jonathan Leake Section 1 – Understand why change happens in a business environment 1. Explain why change happens in a business environment.
Unit four: Principles of supporting change in a business environment Assessment You should use this file to complete your Assessment. * The first thing you need to do is save a copy of this document, either onto your computer or a disk * Then work through your Assessment, remembering to save your work regularly * When you’ve finished, print out a copy to keep for reference * Then, go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area – make sure it is clearly marked with your name, the course title and the Unit and Assessment number. Please note that this Assessment document has 3 pages and is made up of 3 Sections. ------------------------------------------------- Name: Gerald Newton Section 1: Why change happens This section will help you to evidence Learning Outcome 1: Understand why change happens in a business environment. Learning objective | Place in Assessment | 1.1 Explain reasons for change in a business environment | Question 1 Page 1 | 1.
Unit four: Principles of supporting change in a business environment Section 1 – Understand why change happens in a business environment 1. Explain why change happens in a business environment. You should include at least three reasons in your answer. There is several reasons why changes happen in a business environment and it may include internal factors calls Proactive change, for example, a business wants to reduce waste and costs, a business launches a new product, a business decides to introduce a 24-hour customer support...or simple as a business decides to change the corporate restaurant facilities. The reasons for changes could be also from external factors calls Reactive change.
Employment Rights & Responsibilities (ERR) Workbook Learner name: Vocational Learning Advisor name: Date completed: How to complete this pack 1. Save a copy of this document to your computer, adding your name to the file’s title. 2. Read through each section of the ERR Learner Pack. 3.
Learning Team C: Preparing to Conduct Business Research: Part 3 RES 351 August 12, 2013 James Bankston Learning Team C: Preparing to Conduct Business Research: Part 3 A main focus for businesses is customer satisfaction. As many businesses realize, competitive business ventures can attract consumers to their product. When companies fail to achieve good consumer and product management, their business may end. An example of this can include; poor customer relationship management, poor quality of products, company image deterioration, and shortages occurring from business or economic failures. This paper shows how product shortages and customer satisfaction affects a company’s image.
Current Events in Business Research Charisma Williams RES 351 March 19, 2012 Jim Patton The Business research process begins with a problem, a management dilemma. A management dilemma is simply “a problem or opportunity that requires a managerial decision.” (Cooper & Schindler, 2011) . Businesses today large and small, for profit or not-for-profit, have problems that need managerial decisions. The business research process starts with the management dilemma and through exploration refines the research questions until the problem is clearly defined. When the problem is defined the research proposal is created.
These indicators go beyond financial statement figures, such as sales and net income, to include measures tailored to the client and its objectives. Such key performance indicators may include market share, sales per employee, unit sales growth, unique visitors to a Web site, same-store sales, sales by country, and sales per square foot for a retailer. ASSESS CLIENT BUSINESS RISK The risk that the client will fail to achieve its objectives related to (1) reliability of financial reporting, (2) effectiveness and efficiency of operations, and (3) compliance with laws and regulations PERFORM PRELIMINARY ANALYTICAL PROCEDURES a. Auditors perform preliminary analytical procedures to better understand the client’s business and to assess client business risk. One such procedure compares client ratios to industry or competitor benchmarks to provide an indication of the company’s performance.
The company needs to identify what is the contributing factor in loss sales and revenue. Internal and External surveys should be done to identify the contributing factor for loss sales and revenue and the key will be to pay attention to details to locate the trouble indicators. Once the company has identified their strength and weakness they will need to identify opportunity for sales and revenue increase for the future. Some of the key questions to identify areas of opportunity are; what are the trends patterns of the customer, what changes in technology will affect this market, what affect the economy
ECO 509 – Business Conditions Analysis November 2013 Essay Assignment 2 Dr. Michael S. Miller The decision as to the timing of the business cycle can have important implications. Knowing that a recession has been declared could affect household and corporate confidence and expectations. A drop in confidence can lead to further weakness in spending, and thus in the economy. So, let’s consider how the decision is made to establish the two turning points of the business cycle – the peak and the trough. To get an idea of how this process is done, please access the website of the National Bureau of Economic Research, or NBER, and focus on the business cycle material (http://www.nber.org/cycles/main.html).