P7 ‘Madness in the Method’ It is very important in business that individuals have lucrative methods of communication in order to convey important messages‚ and use these methods in order to interact with other businesses and the public. Methods of communication can also be commonly used to advertise and market‚ for example via the use of social networks which advertise to a wide range of individual‚ to through written posters which can be placed up in shop advertisements and on notice boards alike
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P7 Ratios Liquidity Ratios Current Ratio 2013 Current assets = 1901 Current liabilities = 3115 CR = CA / CL = 0.61 2012 Current assets = 2032 Current liabilities = 3136 CR = CA / CL =0.64 The difference between the two years is 0.3p decrease. As Sainsbury’s needs to have a £2 to £1 earned‚ the price is behind in both years. This means that there is a 2 year crises at Sainsbury’s. Acid test ratio 2013 Current assets = 1901 Inventories = 987 Current liabilities = 3115 ATR = (CA
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Unit 2- P7 Ratio analysis is a tool brought by individuals used to evaluate analysis of information in the financial statements of a business. The ratio analysis forms an essential part of the financial analysis which is a vital part in the business planning. There are 3 different ways of assessing businesses performance and these are: solvency‚ profitability and performance. Ratio analysis assists managers to work out the production of the company by figuring the profitability ratios. Also‚ the
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cheap but quality milk which will create Kraft’s products also the second supply chain will be a company that supply a large amount of salt which is also need for the products that Kraft creates. Packaging is also an essential for the Kraft’s company. 2. Why do you think Kraft Foods is concentrating on its Power Brands? Give two examples of Kraft Foods Power Brands. Kraft’s foods is concentrating on its power brands because these brands bring in a lot of income for the company which helps developing
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P7: Outline electronic and non-electronic methods for communicating business information‚ using examples for different types of audience. The first type of information that I am focusing on is written information that is on screen‚ the form of the communication is a PowerPoint presentation which is used electronically to present information to members of staff. In Sainsbury’s they hold meetings regularly and my example of a time is when they had a new product that was coming into their store
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BTEC Level 3 Business Unit 2 Business Resources P3 Theory P3 ‘Describe the main physical and technological resources required in the operation of a selected organisation’. What are physical and technological resources? Physical resources are buildings‚ maintenance and security of a premises. Technological resources include the physical equipment‚ designs and drawings. Physical Resources Buildings and facilities: Any business needs a premise from where it can operate. E.g. Home
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Business Communication Communication type Explain the communication type and its purpose Likely audience and reason for selection Email (Electronic) Website (Electronic) Fax (Electronic) Invoice (Non-Electronic) Letter (Non-Electronic) Memo (Non-Electronic) Upon completing this assignment you will achieve the following criteria: P7 - Outline electronic and non-electronic methods for communicating business information‚ using examples for different types of audience
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BTEC L3 Ext Dip In Business Unit 2 – Task 1 – P2 Introduction For 37 years‚ Ralph Lauren’s reputation and distinctive image have been consistently developed across an expanding number of products‚ brands and international markets. The organization is a leader in the design‚ marketing and distribution of premium lifestyle products in three categories: HOME‚ accessories and fragrances. With expansion into 65 countries‚ Polo Ralph Lauren brands represent approximately $10 billion in global retail
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The solvency The solvency ratio indicates whether a company’s cash flow is sufficient to meet its short-term and long-term liabilities. The lower a company’s solvency ratio‚ the greater the probability that it will default on its debt obligations. Current ratio The ratio is mainly used to give an idea of the company’s ability to pay back its short-term liabilities (debt and payables) with its short-term assets (cash‚ inventory‚ receivables). The higher the current ratio‚ the more capable the
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Unit 2: The Physiology of Fitness Unit code: R/502/5486 QCF Level 3: BTEC National Credit value: 5 Guided learning hours: 30 Aim and purpose This unit provides an opportunity for learners to explore the body’s response to acute exercise and how the body adapts to long-term exercise participation. Unit introduction You will have no doubt experienced the effects of exercise on your body; your heart beats faster and your breathing rate increases‚ but have you ever wondered
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