Btec first business unit 1 p4

Btec business level 3 unit 1 p3

Measuring the financial performance of a business will require you to prepare and analyse statements of comprehensive income and statements of financial position. The fast food chain has taken over the US and it now focusing on the rest of the world. This unit will give you a foundation for progression to employment, for example in a human resources role, or to higher education. It is vital you understand the financial decisions you will need to take throughout your life and how risk can affect you and your choices. If McDonalds can overcome all of its challenges, makes use of advantages and has right strategies, it will win the market again and hold fast to first position in fast food industry. This unit will provide a foundation for a number of other finance and business units and will help you to analyse profitability, liquidity and business efficiency. Other than pizza they also sell sides, desserts and drinks. Conclusion McDonalds has undergone several changes since its start in California. For instance, some companies thrive during a tough economy, while many struggle because of more budget-conscious customers. PESTLE has wider coverage of business and external issues, including political, economic, social, technological, legal and environmental factors. The products Pizza hut uses are Italian — American cuisine, pizza, pasta and Buffalo wings. You will have an opportunity to review your individual performance and analyse your skills for development.

Personal finance involves the understanding of why money is important and how managing your money can help prevent future financial difficulties.

Through undertaking recruitment activities the unit will help you to develop the skills needed in an interview situation. Pizza hut has more than 6, pizza hut restaurants in United States alone, and they also have 5, store located in other 94 countries around the world. The company is doing very well and keeps trying in Africa, China, and the Middle East, which will be a continued source of revenue for many coming years.

For instance, some companies thrive during a tough economy, while many struggle because of more budget-conscious customers.

btec business level 3 unit 1 p3

Pizza hut provide good service to their customers by excellent employees and the Food compliments the service of pizza hut which makes them the best Pizza restaurant in the world. They can also avoid major mistakes by engaging in business activities in the current social and environmental situations.

It will give you the knowledge and understanding to manage your personal finances and will give you a background to business finance and accounting as you progress to employment or further training. I will be explaining which sector the organisation belongs to, and the size and scale The main nature of the business Pizza hut is food and drink.

explain how their style of organisation helps them to fulfil their purposes

In this unit, you will draw on your learning from across your programme to complete the assessment task. The business is known for delicious pizza, therefore pizza hut specialise in Pizza, and the company sells pizza more often than any other products.

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BTEC First; unit 1 P4 and P5