costs. Managing Business Expenses In this leaflet I will be elaborating on the terms start-up costs and operating costs. I will provide examples for both cases and show the comparison between the two .Having done that I will also provide‚ in detail‚ definitions for both variable costs and fixed costs. Both accompanied by examples. Start-up Costs: Start-up costs are incurred before a business operates to assure the person that they have everything covered to begin their business. Usually‚ when
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The task that has been set for this merit to complete is to describe the different forms of communications and giving a couple of examples that could be used within the Care Home environment. There are 6 main forms of communication that I will explain and give examples of. Electronic communication:- Telephone –Definition: A telephone is a system used to send speech over distances. So you can talk to someone in Japan while in England using a telephone which works as a transmitter and a receiver
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Unit 1: Customer Centric Service When a person owns or operates a business there is an expectation to deal with persons outside of themselves. Knowing this it is best to give those people the best impression possible in order to gain customer loyalty and repeat business. If I owned a business‚ I would try to treat every customer as if they were my first. That first customer is very crucial to a business and should be treated with respect‚ consideration‚ care and concern. If all customers
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Unit 3 Marketing P1 Introduction For this assignment I have been asked to do a report on………………………(say what you have been asked to do) The company I chose for this marketing report is kellogs and Nestle. I will first start off by writing about Kellogs. About Kellogs Kellogs is a …………………(Give history of Kellogs and background info) The types of products Kellogs produces are…..(make sure you mention the products kellogs produces and the general target market for these producst E.g. cereals –
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Unit 17 Psychology for sports performance Grade: P1 Description: Asses the current psychological skills of a selected sports performer identifying strengths and areas for improvement Coping Score Ari scored 7 in his coping test. This was a moderate score
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sources of internal and external finance for a selected business Sports clothing business The bank I will use is NatWest as it is the bank I am currently with‚ therefore‚ I am more familiar with them then another bank. Starting a sports business there is a number of things to take into account such: whether or not you are better off leasing a building instead of buying‚ business insurance‚ how you are going to obtain the money to enable the business to get up and running without lack of funding‚ assets
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Unit 201 Principles of Personal Responsibilities and Working in a Business Environment Level: 2 Credit value: 4 NDAQ number: L/601/7638 Unit aim This unit is about understanding employment rights; health‚ safety and security; how to work with others and how to manage and improve own work in a business environment. Learning outcomes There are seven learning outcomes to this unit. The learner will be able to: 1. Know the employment rights and responsibilities of the employee and employer 2. Understand
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Jordan Tavaglione Unit 3 Task 1- P1 -describe the concept and principles of marketing A) Dictionary definition for marketing: “The management process responsible for identifying‚ anticipating and satisfying customer requirements profitably.” When marketing a product or service the organisation needs to make sure it will satisfy the customer needs or wants. An organisation will not survive let alone succeed or make a profit if it does not meet the customer’s physical‚ intellectual‚ educational
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Level 3 Business Research Exercise September 2012 Questions (can be answered in pairs) 1. What is another name for the "Name‚ term‚ design‚ symbol‚ or any other feature that identifies one seller’s good or service as distinct from those of other sellers” • Another name for for a feature that identifies a service is the ‘Brand’ 2. What is known as ‘the old lady of Threadneedle Street’? • The ‘Bank of England is referred to ‘the old lady of threadneedle street’ because because it has
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don’t want me to make this mistake. This is why I want to prove to you that I can make my business successful‚ by mentioning how I will prepare to market and sell my products/services. To be able to attract customers‚ I will ensure that I do my market research correctly‚ so I can then know who I will be ideally suited to attract. I will ensure that for my customers‚ I will communicate that makes my business stands out so I can get more customers. I can also get help from market research professionals
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