P5 There are many economic factors that could affect a business; these factors could also affect the stakeholders. A recession and a growth business will be affected‚ the stakeholders affected would be customers‚ suppliers‚ employees and consumers. Inflation is a persistent increase in the general price level of goods and sevices in an economy over a period of time. When the general price level rises‚ each amount products bought from the store decreases as the rate of the product is too high
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| | |BTEC NATIONAL Diploma in Business | | | |2012 - 2014
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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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P1 & P2 * The need to recruit: As Juda Truck Supplies Ltd going to open shops in tow new location in the UAE‚ they needs to appoint a new customer Services Executive in order to grow their business further. * Job Descriptions: Job descriptions are lists of the general tasks‚ or functions‚ and responsibilities of a position. Typically‚ they also include to whom the position reports‚ specifications such as the qualifications needed by the person in the job‚ salary range for the
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assignment I am going to describe how marketing techniques such as branding‚ relationship marketing and growth matrix are being used by Kellogg’s and diesel. There are so many different types of methods that are being used in marketing to make your business becoming more successful. The first one is branding‚ branding is a very important part of marketing because this tells the consumers who owns what and helps them to identify which one they want and which one is better‚ most of the brands will have
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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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Internal and External Finances • Internal financial sources: are funds that come from within the business. For example business can sell items it owns that are no longer really needed to free up cash. • External financial sources: are funds found outside the business‚ e.g. from banks giving loans Short term Medium term Long term External • Overdraf • Short-term Loan • Hire Purchase • Mediumterm Loan • Hire Purchase • Leasing • Long-term Loan • Shares • Debentures internal • Trade Credit •
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UNIT 2 BUSINESS RESOURCES COURSE: BTEC National Diploma Business And Management – Year 1 2012 LECTURER`S NAME: Mrs Atkins ASSIGNMENT: Task 1. Unit3. P2 DATE HANDED IN: 2nd October 2012 INTRODUCTION It is a requirement of the law that all businesses and organisations abide by given limitations and constraints. This report describes two selected limitations; Sales of Goods Act 1979‚ The Data Protection Act 1998 and two constraints; Pressure Groups and The Advertising Standards
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P1 & P2 Principles of Systems Analysis Systems Analysis is the term that analysts will look for solutions to the problem. They will analyse the components and the hardware itself then come up with possible solutions. Analysing the situation in which you believe it could be improved. Improvements which could make the business better. Suggested solutions from colleagues and technicians could be taken into action. In a business the systems would eventually go wrong‚ something would happen to it either
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knowledge. Xbox don’t use personal selling because they don’t need to pay a salesman to sell their product because they already have a reputation in the market. Perhaps many years ago when the business wasn’t as reputable they may have had door to door sales men or the my have used flyers to get there business known. Apple also don’t use personal selling because they already advertise on TV‚ and also because they already have a very good reputation in the market which means it is not
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