I need help with M3 and D2
M3-Analyse political, legal and social factors on two contrasting organisations
D2-Evaluate how future changes in economic political legal and social factors may impact on the strategy of a specified organisation
My two businesses are DANIELS and WINDSOR AND ETON BREWERY
When I did mine I chose a simple company I chose Sainsbury's because there are many legal factors, political decisions, economic factors that impact the business. For the D2 section I mention for economic factors Salisbury's as large national business will be impacted by many economic impacts. In 2016 the UK vote leave the EU. This would impact Sainsbury's because tariffs (Import/Export Taxes) may be imposed on sainsbury's products they export and import around Europe and around the world. This would then lead to an increase in expenditure for the business. However, Saisnbury's as business may decide to pass this cost onto to consumer and customers this would then therefore make themselves less competitive against competitors. This would result in customer dissatisfaction and will then lead to a decrease in sales and profits and market share and market power. This will then dissatisfy shareholders because they as their investment in the shares will decline. ( - Due sainsbury's being PLC company) So for you business you could talk about how they import good across Europe and how that may affect you business financial and logistically. Make sure you go into detail - This means that.... Which will then lead.... This will then impact the business....
I would send you my work I did back in September 2015 but I don't want to get my qualifications revoked its not worth it.
THANK YOU very much you help a lot, and i was able to complete it on time : ) you helped a lot thanks again.
BTEC Business Level 3 - Unit 3 Assignment 1 P1 Essay
665 WordsJan 21st, 20143 Pages
Unit 3 – Introduction to Marketing
P1 – Task 1
What is marketing?
Marketing is the function that connects businesses to their target audiences’ needs. It is how a business presents and distributes their product to their audience. For example, a business can market their product by advertising it to the public. This can be seen in many forms of media; such as: on television, via web, posters or on billboards.
Marketing is the management procedure in which the product or service is moves from concept to the customer. It includes the co-ordination of the 4 P’s of marketing: product, price, placement and promotion. [tutor2u.net]
The concepts of marketing
The production concept is when businesses are more focused…show more content…
Market leadership in Apple
Market leadership is when a business has the most customers/users due to their sales or service.
Steve Jobs suggested these techniques to assist in becoming a market leader
Be in possession of and have control over the relevant technology
Take in and implement better technologies immediately as soon as they have availability, regardless of whether or not there are organisations using them beforehand
Create new technologies/products before anyone else and make it an industry standard
Brand awareness in Apple
Apple raises brand awareness by creating adverts and allowing their stocks to be released online. This can be effective because potential customers will know whether not to purchase a product based on the stocks.
Perceptions of customers in Apple
Customers of Apple are aware of the product by seeing advertisement and by live streaming press conferences that are held by Apple. The effectiveness of live press conferences is that the potential customers will know what features the product has.
Public sector business: National Health Service (NHS)
Their aims are to aid people who are applicable to use their service. They are non-profit and are Governmental, which means that the Government funds the NHS by using a portion tax-payers’ money.
Market leadership in the NHS
The National Health Service is the only health service that is free in the country. This makes it the market leader.
Awareness in the NHS