Unit 5: Business Accounting Memo TO: Chief Executive Office FROM: SARAH (Finance Manager) PRIORITY: High SUBJECT: Purpose of accounting in Pompomi Incorporated DATE: Monday 18th October 2012 CC: Financial accounting is the means of measuring of the company’s economic performance. The purpose of accounting is to provide the information that is needed for sound economic decision making. The main purpose of financial accounting is to prepare financial reports that provide information
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Promote Communication in health‚ social care or children’s and young people’s settings Unit reference: J/601/1434 Unit Level: 3 Unit Credit Value: 3 Unit aim: This unit is aimed at those who work in health or social care settings or with children or young people in a wide range of settings. The unit explores the central importance of communication in such settings‚ and ways to meet individual needs and preferences in communication. It also considers issues of confidentiality. 1. Purpose • The
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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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Working together for the Benefit of Children and Young People Task 1. As you are aware we work to the statutory framework for the Early Years Foundation Stage 2012‚ The framework states that “Multi-agency working is a key part of the framework that is designed to deliver improved outcomes for all children in their learning and development” and as an Early Years setting we have a responsibility to help the children in our care achieve the outcomes of the UK government initiative Every Child
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complete experience‚ from the second they enter a business or view a website‚ to the after-sales service‚ such as spare parts or repairs. Superb customer service means providing services that customers did not even know they wanted‚ but are delighted to find are provided. Identifying Customer Needs Effective customer service involves satisfying customer needs‚ so the first step is to find out what these are. All customers contact a business because they want something. Businesses use several
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Unit 3‚ P2 Describe ’’people’’ of the 7P’s in a report using your chosen company Introduction: For this assignment I am going to explain one of the 7P’s. In this case I am going to describe people for my chosen company‚ DELL. A board of directors of nine people runs the company. Michael Dell‚ the founder of the company‚ serves as chairman of the board and chief executive officer. Other board members include Don Carty‚ William Gray‚ Judy Lewent‚ Klaus Luft‚ Alex Mandl‚ Michael A. Miles‚
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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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Unit 16: Human Resource Management in Business ‘Managing People’ Describe how your organisation obtains the co-operation of its employees through the contract of employment and employee involvement techniques. Employee Co-operation Contracts of employment An employment contract is a written legal document that lays out binding terms and conditions of employment between an employee and an employer. The employers in ZARA need to makw sure that their employees are aware of what rights and responsibilities
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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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different types of business information used by the business organisation that I have chosen for example; verbal‚ written‚ non-verbal‚ non-written‚ multimedia etc. I will also be writing their sources and purposes and analysing the different types of information. I will then evaluate the appropriateness of business information used to make strategic decisions. The business that I have
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