P3 describe how software and network security can keep systems and data secure Public Key: a public key is a value provided by some designated authority as an encryption key that‚ combined with a private key derived from the public key‚ can be used to effectively encrypt messages and digital signatures Private Key: Public-key cryptography refers to a cryptographic system requiring two separate keys‚ one to lock or encrypt the plaintext‚ and one to unlock or decrypt the cyphertext. Neither key
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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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a period of time that follows the recovery phase in a standard economic cycle. Some of the characterised features of a Boom are: a rising stock market‚ low rate of unemployment‚ working at full or near full capacity and a strong customer demand. (Business Dictionary‚ Online) The benefits of operating in a boom One of the benefits of operating in a boom is the customer r demand for products increases‚ the reason for this
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Unit 18 – Task 1 – M2 M2 – Analyse the arrangements made by an event organizer to plan a business event. In this task I am going to be analyzing the arrangements made by an event organizer to plan a business. I am going to do this by identifying separate factors‚ saying how they are related and how each one contributes to the topic. In order to do so‚ I am going to use the cyclical process of management to aid my analysis. The cyclical process of management is basically the process an event organizer
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is what a business uses to keep track of their finances throughout the previous twelve months. Keeping profit and loss accounts is very important because it helps the business keep track of what they are spending. It is important that a business keeps track of their finances so that they know how much money they expect to come in to the business and if they need to prepare for a drop or rise in profits. Keeping profit and loss accounts allows the business to see what months the business does well
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influence of two contrasting economic environments on business activities within a selected organisation We are going to investigate the way in which the economic climate has affected Sub Xpress (based in the UK) and BMW (based in Germany). Introduce the two businesses. Inflation Define inflation You need to describe the current inflation rate in the UK. Include a graph. Explain what this means to Sub Xpress Think costs to the business Think prices to the customers Think affordability
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P1- Describe the role internet marketing has within a modern marketing context Introduction: In this report that I am preparing for my boss Mr Adam Croft describing what is marketing and include where I have got this definition from. After I will include a definition for internet marketing and reference this and also how these benefit to customers what role they play within the modern marketing environment. Also I will introduce two contrasting businesses and describe how they are using internet
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Task 1 (P1‚ P2‚ P3): P2‚ P3: To start a business we need to figure out what is going to be our mission statement‚ the mission statement is the main purpose of a business. For example‚ you and your friend decided set up a business. Whatever the business is you need to have a purpose of it‚ otherwise it’s not going to be beneficial or it will be difficult to run this business. If the business is based on selling bikes than purpose or the mission statement would be to sell the product with good profit
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P1- Describe how marketing techniques are used to market products in two organisations. Cadbury The marketing techniques that Cadbury use could be things such as: branding‚ relationship marketing‚ growth and survival strategies. Growth Strategies Cadbury uses market penetration strategies to keep people aware of their brand. They do this all in their current market. They do this by selling more to existing customers‚ like selling their products in multi-packs. This means that the customers can
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Subject: Two different businesses in London. Procedure: I have visited da coca cola enterprise in Edmonton‚ Never the less I have also been to Ash’s café. Findings: Coca- Cola enterprise limited in Edmonton. Purpose: Framework defines what being the best means for CCE‚ and outlines the strategic priorities that will help us become the best so we can drive consistent‚ longterm‚ profitable growth. Strategic Priorities: Grow value of existing brands and expand our product portfolio responsibly
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