Section 1 – Know the employment rights and responsibilities of the employee and employer 1. Identify four main points that would be included in a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). 1. Sick leave 2. Duties and responsibilities 3. Disciplinary Procedures 4. Cofidentiality 2a) List three key points of legislation that affect employers in a business environment. 1. Health and safety
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Task 1 Applied Business Studies Unit 1: Investigating Business AO1 Task 1: Describe in detail the main aims and objectives of the business   Our Goal At Sainsbury’s we will deliver an ever improving quality shopping experience for our customers with great product at fair prices. We aim to exceed customer expectations for healthy‚ safe‚ fresh and tasty food making their lives easier everyday. Introduction: I will be investigating the factors that have contributed to the success
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The Nature of Business * The goal of Business A business tries to earn a profit by providing products that satisfy people’s needs. Business’ produce products that have both tangible and intangible characteristics. Primary goal of a business it to EARN PROFIT. Quality product = profitability & stability Stakeholders – employees‚ investors‚ customers‚ community. Companies concerned with how product effects environ. All marketing is to satisfy customers needs and wants. Economics
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analysts‚ and the rest of the business community. Chapter 3 also illustrates some simple tools that managers use to analyze the information contained in financial statements to identify and diagnose financial problems. I Firms create financial statements using the accrual principles of accounting‚ but in finance it is cash flow that really matters. Chapter 4 shows how to use financial statements to determine how much cash flow a firm is generating and how it is spending that cash flow
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realize their dreams. The reason as why I have chosen to focus on this business is that we would like to increase awareness of the service that we have created for the countries‚ communities‚ customers and people everywhere that are using technology. All our research findings have been found using the research that has been carried out already in the preparation for Dell at the beginning of the year. Marketing Aims Business Aims and Mission Statement Dell main objective was to break even within
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ABMF3174 BUSINESS FINANCIAL TUTORIAL 1 1. If you bought a share of stock‚ what would you expect to receive‚ when would you expect to receive it‚ and would you be certain that your expectations would be met? A: When you purchase a stock‚ you expect to receive dividends plus capital gains. Not all stocks pay dividends immediately‚ but those corporations that do‚ typically pay dividends quarterly. Capital gains (losses) are received when the stock is sold. Stocks are risky‚ so you would not be
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analysis will also use Porter’s Five Forces model to determine the company’s activities to carry out its business‚ evaluate the company’s valuable resources‚ and determine if the company’s current strategy involving its resources will be useful for future trends. The last analysis that will be constructed is the competitor analysis. This analysis will evaluate each of Lincoln Electric’s key competitors both in the United States and International welding markets. After all of these analyses‚ this memorandum
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This is the amount of cash flow that Hewlett-Packard’s (HP) operations generated in 2008‚ up from $9.6 billion in 2007‚ despite the recession. The ability to generate cash flow is the lifeblood of a company and the basis for its fundamental value. How did HP use this cash flow? HP invested for the future by making over $11 billion in acquisitions. Other companies also generated large cash flows from operations in 2008‚ but they used the money differently. For example‚ Walgreens generated over
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computers are laid out on the floor. The electrical socket that is used for the printer / fax and the EFTPOS machine appears to have become loose. One of the staff members smells of alcohol‚ and appears to be under the influence of another substance 1. A hazard identification template has been provided for your answer. From the above report complete the template. (25 marks) Hazard Possible Harmful Effects Risk Factor- High‚ Medium‚ Low Possible Employer Action to Prevent Accident Slippery
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understanding of its superiority and limitations. This essay will introduce how an Act of Parliament is created‚ followed by disclosing the reasons. Next‚ it will explore the advantages and disadvantages of primary legislation compared to secondary legislation and common law. The legislative process of making statutes The parliamentary procedure is summarised by UK Parliament (n.d.) as follows. ‘An Act is a Bill approved by both the House of Commons and the House of Lords and formally agreed by the reigning
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