M4 & P6 In a business‚ there are several different types of budgets that has different department/area the business has to make. For example‚ in a business‚ you can find the sales and revenue budget (a financial document that set out the business expected sales and revenue from selling its products or services)‚ the expenditure budget (financial document that sets out the expected expenditures of a monthly basis on those items) and the profit budget (financial documents that sets out the predicted
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the machine Unit 4 Oil to the machine Unit 4 By: Sager Anroedh International Business Studies By: Sager Anroedh International Business Studies Unit 4: Oil To The Machine Assignment 1/Task 1/ P1 There are many ways to communicate‚ therefor I made a clean table to discuss the differences ways to communicate. But every way to communicate has his own advantages and disadvantages those will be discussed as well. For this assignment I used ‘Scotch & Soda’ as business to give you
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Unit 1-P1 Business Ownership. There are several different types of business ownership which are most commonly used in business’ and company’s today‚ these include; Co-operative which is a business owned by its employees‚ Partnership which is a business owned by between 2 and 20 people‚ Private limited which is a business owner by a small groups of people who have shares and a Public limited business is owned by private individuals by shares bought and sold on the stock market. A charity is a
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of business information and its communication as key contributors to the success of an organisation‚ using examples to illustrate your points. Explain in detail what the organisation you’ve studied does. What is the goal of the organisation you’ve studied so far? What types of communication do they use? Explain how at least 2 scenarios might work. How do the methods of communication contribute to this business meeting its objectives? Explain 3 types of information the business has
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However these three categories have been split further into another three sub-categories stating the purposes for travel‚ these are: leisure‚ business and visiting friends and relatives (VFR). Someone travelling for holiday‚ cultural events‚ recreation‚ sport‚ religion and study would be classed as travelling for leisure. Someone travelling for business would be if they were meeting with an overseas client‚ meetings‚ conferences and exhibitions. Visiting friends and family accounts for many trips
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contrasting business. Stake Holders for Marks & Spencer’s and Pool Hayes Community School: 1. Customers 2. Management 3. Suppliers 4. Employees 5. Owners/Share holders 6. Trade Unions\Employer Associations 7. Local & National Communities 8. Environment 9. Government Customers are the most important stakeholders in Marks & Spencer’s as they are the people that by there products off of them. They have the potential to make the business or break
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director of a local company who is looking to buy trainers for both men and women. First I need to plan the meeting so that he doesn’t appear to be inexperienced as he is new to this job. Time of meeting: 10.30 am on 25th November 2015. Venue: in the business board room. Booking arrangements: send the details through to the customer and inform key staff members included in the sales meeting. Resources for the sales meeting: - The range of trainers including personalized ones that they sell and the
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for GCSE and A-Level has been good preparation for what the degree course would entail. I have successfully learned the skills of analysis and historiography‚ and how to infer from sources. It has encouraged me to read around the topic at hand and to research independently. I have greatly enjoyed the course and was very pleased with my result in August. I am also studying BTEC Business studies level 3. All the subjects have given me skills that will be needed for the degree. Business studies have
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Assessment 2 – 40580/02 1a) Plain carbon steel is essentially an alloy of iron and carbon which also contains manganese and a variety of residual elements. These residual elements were either present within the raw materials used in the production process e.g. iron ore and scrap steel additions‚ or they were added in the production process for a specific purpose‚ e.g. deoxidization by means of silicon or aluminium. Hence they are called residual elements to distinguish them from alloying
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Every business needs to follow all the employment legislation which is set by the government. It helps employees to be treated fairly. Some of the legislation are; employment relations Act 2000‚ the minimum wage Act 1983‚ health and safety at work act 2015‚ etc. The health and safety act is twin duties because for employee’s health and safety are combined within one act. Businesses follow the legislation as it changes and they train their staffs as follows. It is essential for the business to follow
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