How to Operate Business

How to Operate
Business

Table of Contents
INTRODUCTION...........................................................................................................................1
MAIN BODY...................................................................................................................................1
TASK 1............................................................................................................................................1
Covered in PPT.......................................................................................................................1
TASK 2............................................................................................................................................1
Importance of accounting for business growth......................................................................1
Explain various functions carried out by HR department in ASDA company.......................2
Key features of employment legislation.................................................................................2
TASK 3............................................................................................................................................3
Present and interpret key accounting information using profit and loss accounts.................3
TASK 4............................................................................................................................................3
Roles in team of own and others............................................................................................3
Explain steps of team development........................................................................................4
Explain three motivation theories...........................................................................................5
Explain various types of leadership style...............................................................................6
TASK 5............................................................................................................................................6
Covered in PPT.......................................................................................................................6
CONCLUSION................................................................................................................................6
REFERENCES................................................................................................................................8

INTRODUCTION
Business environment is a term of marketing and defines to forces and factors that are
impact a company's ability to create or manage customer relationship in successful manner. It
includes both internal and external environment factors such as needs of customer, government
activities, technology innovation, clients, owners, suppliers, workforce, market trends, changes
in economic and many more. The purpose of this report is the manager of business development
is keen to enhance their education programme for youth hoping to begin their own business.
Person plans for a series of workshop and tittle is introduction to business. Also there are
different organisations are mentioned as a examples (Alshehri and Meziane, 2018). Below report
includes discussion on public and private company with examples, various cultures in business,
local, national and global economic environment affects. Importance of accounting business,
Explain various functions carried out by Human resources department, key features of
employment legislation, present and interpret key accounting information by using P&L account.
Steps of team development. Analysis to determine own and other's roles, Assess three motivation
theories. Explain various types of leadership styles. Impact of customer services on
organisation's growth, describe advantages of consumer profiling to business.
MAIN BODY
TASK 1
Covered in PPT
TASK 2
Importance of accounting for business growth
Accounting is essential to keep records in systematic manner of company's financial
information and data. Keeping records in up to date manner assist to people's to compare
financial information on current basis to historical data. In business growth accounting play huge
role in tracking expenditures, income, management, provide and compliance investors and
government with quantifiable financial information that can be utilized in decision making
process in business (Beynon-Davies, 2020) . For business keeping record in effectual manner can
estimate future growth and profit.
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