P4 describe how the monetary environment affectsA business that operate internationally. | An exchange rate is the price for which one currency is worth converted into another rate. The exchange rate is determined by the supply and demand conditions of relevant currencies in the market transaction of currency exchanges occur in the foreign exchange markets. For example, currently, the £1 is worth $1.67 which means that at this stage, the pound is stronger than the dollar. Businesses should ensure that they frequently check the exchange rates to see if any changes to their prices need to be made or if the exchange rate benefits them. If Iron Bru were to export a large amount of products to a country such as Germany or Poland, there will …show more content…
Are there any differences? Give some examples. (Analysis)Shops in the UK and shops in Germany are very different. There are certain aspect of advertising and selling which they may disagree on.
Difference
The difference between shops in the UK and shops in Germany is mainly the formality of the actual shop and how businesses sell and advertise their products. Businesses in Germany mainly advertise their products using magazines, newspaper and billboards. German businesses are not known to sell products online which mean their physical shops are far bigger than the shops in the UK. However, in the UK, things are the opposite. UK businesses sell products online and in physical shops, which is referred to as ‘Clicks and bricks’. UK businesses advertise their products mostly on Television, internet ads and on Local transport e.g. Buses and Trains. | When selling abroad to another country, there are many barriers. One of which being the fact that selling goods in a foreign country means the commission rates and standard charges will be different. Also, there are certain tariffs set in different varieties of countries. This means that the business may need to pay a fixed amount of money in order to export goods into a different country. Selling abroad also means that the country which you’re exporting to may not speak the same language as the company’s origins. This means that the company need to ensure that they change the language on the advertising banner in
This report will be about my chosen business Tesco. I will talk about the recruiting and selection process of Tesco. I chose Tesco because Tesco is one of the biggest supermarkets and they exist long time ago and they have been successful. Tesco has more than 250 employees so it is counted as a large business. Tesco was found in 1919 by Jack Cohen. Tesco on his first day made profit £1 from sales £4. Tesco’s brand appeared in 1924. Tesco has also bank, insurance company and petrol stations. Tesco have 476 000 employees so it is large business because is also international business. Tesco is a PLC company which means they are public limited company (they can sell shares to the public) and they have unlimited liabilities.
Tesco have a list of current employees looking for a move (at the same level or on for promotion).
A resident's name or conditions cannot be discussed with anyone other than the care team. Photos and other personal information can't be shared on social media sites and to maintain privacy and emails containing a resident's personal should not be sent because there is a possibility the email will be sent to the wrong person or someone may have access to your account. Information regarding a resident should only be discussed in person to ensure that only the necessary personnel know. When seeing a resident in public, you should not mention knowing them from a care facility in case they wish to keep that a secret from the person they may be with.
A risk assessment is an important step in protecting residents and staff as well as complying with the law. The assessment helps focus on the risks that have the potential to cause harm and in this context, from the harm of acquiring an infection. In most instances, straightforward measures can readily control risks e.g. ensuring that clean and dirty linen are segregated to prevent cross contamination. The law does not expect that all risks will be eliminated, but requires that all steps that are reasonably practicable are taken to protect residents. The risk assessment is simply a careful examination of what could cause harm to residents in the workplace, including the risk of infection so that an assessment can be made on
There are many things which can affect access to complementary therapies. The ones I will be explaining are:
Tesco has a good progress and their strategy is made up of of five elements:
I would like to start-up a business where I can learn from others about their culture and to see how different cultures will be with each other. Amsterdam is a big city with a shortage of hotels. That brings me to an idea: starting a hotel business.
Poverty also influences our responses to health and illness. The level of income below that which people cannot afford a minimum, nutritionally adequate diet, suitable and secure housing, heating and hot water, and beds to sleep on.
Primary research is used to find the needs of the individuals and to collect new data through survey, interviews with individual carer or group of staff members in their workplace or via telephone, email, message.
Based on Hofstede’s cultural index is appreciated that the similarities between British and German culture is high.
There are a lot of of differences when it comes to comparing two nations together, there is a lot to think about. For example what could we compare? You could compare money intake for each household, you could just compare two nations just using something as simple as culture or maybe race. When comparing Germany to America you still have a lot of differences like the fact that in Germany you are legally allowed to drink and gamble anywhere in Germany at the age of 18. Germany has very small families, most families in Germany only have one kid, a big family would be considered at around maybe 2-3 people.
Motivation is having a reason or reasons to act/behave in a particular way. It creates “drive” in people whether it is in pursuit of a goal, or the need to complete an activity. It produces enthusiasm and a willingness to achieve in both a work environment and in your personal life. Motivation can be increased and decreased in line with the incentives on offer.
Both New Jersey and Germany are excellent places to live; however, there are noticeable differences between the two, because in New Jersey the stores are open on Sunday, but not in Germany. One has speed limit restriction while the other does not, and in New Jersey, there are more fast food restaurants, but not in
The next difference between the New Jersey and Germany is shopping on a Sunday. In New Jersey, we have the convenience and privilege of shopping every day of the week, including Sunday; but on the contrary, in Germany there are practically no shops opened on Sundays. The decision to open stores on a Sunday in New Jersey is totally under the discretion of the store owners; however, in Germany, the decision to open up the stores for shoppers on a Sunday is set by the local governments. For example, if one gets sick late at night on a Sunday and is in need some medication, in New Jersey there is a good chance that one will find a pharmacy open like, Rite Aid, Walgreens or CVS that will be opened up for the shopper to get the medication, including