Task 1 Describe the type of business‚ purpose and ownership of 2 contrasting types of businesses. Sole Trader A sole trader is a business owned by 1 person. It does not have limited liability meaning that if it fails and creates debts the owner is personally responsible for this. Sole trader’s usually have to work long hours and learn about all the aspects of business as many start up businesses cannot afford to hire people to take on other tasks. The owner is responsible for everything that goes
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Protectionism During Recessions: Is This Time Different? by Joshua Tucker on January 30‚ 2013 in International Political Economy‚Newsletters Continuing our collaboration with newsletters from sections of the American Political Science Association‚ we present a selection from the current issue of the Political Economist‚ which focuses on the politics of trade policy during hard times. Below you will find a fantastic contribution by political scientist Soo Yeon Kim of the National University
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| |Unit Code |Credit Value |Guided Learning Hours | |K/502/5431 |10 |60 | |Qualification |Unit Number and Title | |BTEC National
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"ERIN BROCKOVICH" (ANDERSON v PACIFIC GAS & ELECTRIC) Author: Carole D. Bos‚ J.D. ONLINE AT: http://www.awesomestories.com/movies/erin_brockovich/erin_brockovich_ch1.htm PREFACE Mr. Masry’s office has done an incredible job. I don’t know where he got this stuff‚ ferreting out information for the past several months that will make your hair stand up on edge. Walter Lack January 4‚ 1994 Pacific Gas & Electric (PG&E) was in trouble. Serious trouble. Four decades after the world’s largest
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BTEC Level 3 in Business – Unit 4: Business Communication Context Businesses need accurate information. This information has to move between different individuals‚ different departments and different organisations. The information can be anything from a simple idea to masses of data on business performance. It can come from inside an organisation or from almost anywhere outside. Put simply‚ a business that does not plan how to deal with this information is a business much more likely to fail.
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How AIG was affected by U.S. recession: AIG is an insurance corporation that is multinational. They have headquarters in New York City‚ London‚ Paris‚ and Hong Kong. In the year 2000‚ the company held the title for the 29th largest company in the world. Things took a turn for the worse in this company when‚ in 2008‚ they suffered from a liquidity crisis and its credit ratings were downgraded below “AA” level. AIG had to take out a number of down loans and had to sell a number of its subsidiaries
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Task 1 Our assignment is to carry out investigations into two companies from two different sectors; these sectors are the private sector and the public/voluntary sector. The private sector are all about making profit rather than providing a service. The public/voluntary sector on the other hand want to concentrate on providing a good and efficient service for their customers such as the NHS‚ they provide a medical service for residents of this country‚ of course this isn’t to make a profit because
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Taylor Taylor believed that managers of businesses should keep a close control and supervision over their workers. Repressive style of management-mangers are the one who make all decisions themselves. Taylor believe that employees are only motivated by money‚ more paid they get more effective they will be‚ This theories suggest to pay the staff depending on their performance‚ poor performance mean less money and good performance means that they will get a better wage. Tesco and Superdrug goes beyond
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In this essay‚ I am going to explain the main ways of promoting anti-discriminatory practice‚ which are; implementing government policies and guidelines at local level by managers and employees‚ staff training and development‚ challenging work colleagues who demonstrate discriminatory behaviour and telling a higher authority when rules are broken. I am also going to give examples of these strategies being used in a setting‚ give difficulties to each strategy and also justify ways of overcoming the
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Travel and Tourism component industries and their organisations Types of Tourism There are three types of tourism: domestic‚ outbound and inbound. Domestic tourism is when you travel within the country normally for a day trip; for example‚ someone traveling from London to Brighton for the day would be a domestic tourist. An outbound tourist is when someone travels outside the country. So someone travelling from the UK to France would be an outbound tourist to the UK. An Inbound tourist is when
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