100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
2021 (DISTINCTION*) Pearson BTEC Level 3 Unit 1 Exploring Business Assignment 1 R494,29   Add to cart

Essay

2021 (DISTINCTION*) Pearson BTEC Level 3 Unit 1 Exploring Business Assignment 1

1 review
 158 views  1 purchase
  • Course
  • Institution

A distinction* coursework with all websites links included and no plagiarism. High quality and well detailed. Contains valid pictures to make work look interesting. Well organised and put together in terms of structure and format and includes all keywords required for this Assignment. This format ...

[Show more]

Preview 5 out of 45  pages

  • September 18, 2021
  • 45
  • 2021/2022
  • Essay
  • Unknown
  • A+

1  review

review-writer-avatar

By: beverly1962 • 2 year ago

avatar-seller
Assignment 1 Features contributing to the success of
contrasting businesses




By Benecia Rodrigues




1

,Contents
Introduction of Nike........................................................................................4
Recommendations...........................................................................................................................10

Nike: Tasks - P3 and M2................................................................................10
Nike functional areas.......................................................................................................................11
Nike departments............................................................................................................................13

Nike: The influence of stakeholders on a business........................................17
Internal stakeholder........................................................................................................................17
External stakeholders......................................................................................................................21

Nike: Communicate.......................................................................................23
Nike Formal communication method..............................................................................................23
Nike Informal method......................................................................................................................25

CAFOD...........................................................................................................28
Purpose: aims and objectives..........................................................................................................28

CAFOD: Tasks - P3 and M2.............................................................................30
Functional areas/ departments.......................................................................................................31

CAFOD: The influence of stakeholders on a business....................................32
External stakeholders......................................................................................................................32
Internal stakeholders.......................................................................................................................34

CAFOD: Communications..............................................................................36
Formal communication....................................................................................................................36
Informal communication.................................................................................................................37

Unit 1............................................................................................................40
A1 Features of the businesses.........................................................................................................40
A2 Stakeholders and their influence................................................................................................42
A3 Effective business communication..............................................................................................43
B1 Structure and organisation.........................................................................................................44
B2 Aims and Objectives...................................................................................................................44




2

, INTRODUCTION

In my course work I will be doing a report that examines the features of a for-
profit and a not-for-profit business, looking at how each business is organised
and how their structure enables achievement of their aims and objectives. I will
be writing about two different Business Nike(private) and CAFOD(public) and
explain the features contributing to the success of contrasting businesses.




3

,Introduction of
Nike
Nike Inc. is an American multinational
corporation that is engaged in the design, development, manufacturing, and worldwide
marketing and sales of footwear, apparel, equipment, accessories and services. The company
is headquartered near Beaverton, Oregon, United States. The founders of Nike are Bill
Bowerman and Phil Knight. It was founded on January 25, 1964 (55 years ago).1
1
https://en.m.wikipedia.org/wiki/Nike,_Inc.

4

, In Greek mythology Nike means the Winged Goddess of Victory. The logo is derived from
goddess' wing 'swoosh', which symbolises the sound of speed, movement, power and
motivation.2 This is a powerful meaning which expresses Nike positivity and power
therefore this will attract customers and the more customers they receive the more
purchase will be made. This would benefit Nike as the revenue will increase due to the sales
along with its profit. Nike would not make a loss which would help them meet their aims
and objectives making them a successful business.

Nike is a private limited company.3 This means the shareholders are legally responsible for
the debts of a company only to the extent of the nominal value of their shares. The owner
of Nike is Phil Knight and the CEO is Mark Parker.4 In 2015, as a part of his success plan,
Phil Knight created Swoosh LLC, contributing 128.5 million Class A Nike stock or 15% of
the combined outstanding Class A and Class B shares at that time. In June 2016, a subsidiary
of Travis Knights' Trust acquired all voting units within Swoosh LLC in a private
transaction.5
Revenue: £27.9520 billion6
Profit: £804.70 million7
Where did Nike first open: Eugene, Oregon, United States

Nike’s different brand name:8
-Nike Golf
-Nike Pro
-Nike+
-Air Jordan
-Nike Blazers
-Air Force 1
-Nike Dunk
-Air Max
-Foamposite
-Nike Skateboarding
-Nike CR7 and S
Subsidiaries including Brand Jordan, Hurley International and Converse



2
https://economictimes.indiatimes.com/industry/services/advertising/hidden-meaning-of-11-worlds-most-famous-logos/Nike/
slideshow/59738997.cms
3
https://www.bizjournals.com/portland/blog/threads_and_laces/2015/06/the-significance-of-swoosh-llc.html
4
https://en.m.wikipedia.org/wiki/Nike,_Inc.
5
https://www.investopedia.com/articles/insights/052516/top-4-Nike-shareholders-nke.asp
6
https://www.statista.com/statistics/241683/Nikes-sales-worldwide-since-2004/
7
https://www.investopedia.com/articles/markets/080415/how-Nike-nke-makes-its-money.asp
8
https://en.wikipedia.org/wiki/Nike,_Inc.

5

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through EFT, credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying this summary from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller beneciarodrigues. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy this summary for R494,29. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy summaries for 14 years now

Start selling
R494,29  1x  sold
  • (1)
  Buy now