BUSINESS COMMUNICATION C3 M2 In this task‚ I will be producing a report on analysing the legal‚ ethical and operational issues in relation to the use of business information‚ using appropriate examples. I will also be explaining the advantages and disadvantages of each issue in relation to the use of business information. INFORMATION SECURITY: The protection of information and information systems against unauthorized access or modification of information‚ whether in storage‚ processing‚ or transit
Premium Computer security Information security Management
D2: Evaluate the risks involved in the installation or upgrade of software and explain how the risks could be minimised. Loss of Income: Companies can easily lose income if their computer systems shut down. When the system shuts down‚ no actions can be done‚ meaning no orders can be accepted. In this way it is very likely that the organisation will lose customers‚ also money or maybe get a very bad reputation. So when upgrading or installing a new software there is a miner chance of this happening
Premium Management Employment Project management
Donna James. Unit 513 5.1 & 5.4 People who play an important role in service users lives are families and significant others. These are more often than not the people who know the service user best and can be an invaluable source of information and support. Family members and significant others are a very good source of information which may help support workers to understand the service user’s needs‚ preferences‚ history choice and the things they like or dislike. Support workers might be best positioned
Free Data Protection Act 1998 Family Social work
Chapter 4 (4-2)What is an opportunity cost rate? How is this rate used in discounted cash flow analysis‚ and where is it shown on a time line? Is this opportunity rate a single number that is used to evaluate all potential investment? The rate of return you would earn on an alternative investment of small risk if you don’t invest in the security under consideration. An opportunity cost is the difference in return between an investment that has chosen for investment and one that is inevitably
Premium Investment Time Time value of money
Task 1 Our assignment is to carry out investigations into two companies from two different sectors; these sectors are the private sector and the public/voluntary sector. The private sector are all about making profit rather than providing a service. The public/voluntary sector on the other hand want to concentrate on providing a good and efficient service for their customers such as the NHS‚ they provide a medical service for residents of this country‚ of course this isn’t to make a profit because
Premium Marketing Olympic Games Fast food
M3 the skills I need to develp are financail and accounting‚ Financial- The top reason why businesses go out of business is bad financial planning. All the cash flows in the wrong direction. Having worked through the dotcom boom and bust I have seen first hand what too big a budget in the wrong hands can do. Someone needs a firm grip on the numbers and it had better be you otherwise someone might just take a trip to a tropical island at your expense. I will be devoloping this skill by finding
Premium Finance Management Economics
Describe the types of resources available for producing high quality and attractive documents High quality Photocopier and someone who has the skills to use it to ensure you get a neat and clear print each time. A scanner to ensure that you can scan the document with ease when you need to and are able to keep the original. A computer to process and operate all the above machines High quality software‚ and ensure that it is up to date. Tape‚ Folders‚ Binding machine depending on the you
Premium Word processor Microsoft Office
BSBRSK501A MANAGE RISK ASSESSMENT ACTIVITY 6 First of all‚ the aim of business is increasing of income. They should consider how to maintain existing regular income and to increase new revenue by the expansion. When the business is expanded‚ they should have enough research and money. The expand looks dangerous. For the safety‚ they need life guards who are strong swimmers and helpers to control houseboat in high winds. It has many interceptive problems for the expansion like climate
Premium Management Risk Risk management
Makeup of a business opportunity A business opportunity consists of four integrated elements all of which are to be present within the same timeframe (window of opportunity) and most often within the same domain or geographical location‚ before it can be claimed as a business opportunity. These four elements are: • A need • The means to fulfil the need • A method to apply the means to fulfil the need and; • A method to benefit With any one of the elements missing‚ a business opportunity
Premium Marketing Federal Trade Commission Types of companies
phone maker. Promotional Mix The promotional mix is how a business attempts to communicate with various target audiences and is a key element in the overall marketing mix. There are 6 main points which the promotional mix revolves around‚ these are; * Advertising -Presentation and promotion of ideas‚ goods‚ or services by a sponsor. * Publicity/Public relations - Paid stimulation of supply for a product‚ service‚ or business unit etc. by planting significant news about it or a favorable
Premium Marketing Apple Inc. Sales promotion