P7 Illustrate the financial state of a given business using ratios I have been asked to illustrate the financial state of a given business using ratios‚ to do this I will use accounting ratios to show the financial state of Porcella. One of the ways a business can measure how it is doing is through ratio analysis. Ratios can help Porcella to see how it is doing now and how it compares to last year or the year before and against competitors. For these ratios to be useful‚ they should be compared
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kind of business it is‚ the company will also need to provide the right building facilities. As well as these thing they also include: Sector centre‚ Access to distribution‚ Road/rails/air network- the company will need to make sure that their business is located in an area where customers can get access to it easily. Numbers of staff employed- is also important to think about how many staff you need in the business to carry out the job properly. If there are less staff then the business may not
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Unit four: Principles of supporting change in a business environment Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My Study area
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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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1.1-1.10 Business Admin NVQ Level 2 Questions 1.1 One of the key codes of practice‚ guidelines and procedures that are relevant to ones work is proper communication. Others are accepting responsibility for one’s own work and its delivery. Basically one should develop his/her own performance and act in a way that encourages effective working. 1.2 If you are an employee you are accountable to your employer. They have a right to see that your work is up to standard. You may also have a plan to
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1.0 Introduction 1.1 Objective of the study The business office administration study is intended to expose the learners or the entrepreneur who has invested his resources in a business venture and is expectant of profit; the costumer service officer who on daily basis function to create good image for the business by providing solution and answer to customer enquiries‚ to the basic concept and practice of business office administration. It is hoped that this paper would improve learners’ understanding
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In this I will be explaining the profit and loss of the Domestic Dog Homes along with the explanation of the balance sheet of Domestic Dog Homes. The profit and loss account is a type of business information which companies or Domestic Dog Homes (DDH) can use to see the financial performance of their company over a certain time period. The profit and loss account shows the sales‚ cost of sales‚ gross profit and net profit from the DDH trading accounts it shows that DDH made of gross profit of
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Business and Administration (Level 2) - Induction Part 1 – How prepared am I for online study success? 1. Use the box below to introduce yourself in less than 50 words. You may wish to include in your introduction any specific learning objectives you want to achieve through studying this course. hi my name is laura and i am 23 years old. i applied for this course because i have dreamed of becoming a successful business women. with the demands of family life and working i have not been
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spreadsheet and filed with the log number this is so the information can easily be found if required. The information is stored in locked filing cabinets as the information can hold company details and account numbers this is only accessible by the Administration staff and each file is signed out on a register. 1.2 – Describe the different information systems and their main features The different information systems are filing cabinets where hard copies are stores or electronically which can be saved
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Unit four: Principles of supporting change in a business environment Assessment Name: Philip Bickerton Section 1 – Understand why change happens in a business environment 1. Explain why change happens in a business environment. You should include at least three reasons in your answer. For any business to be successful it must be willing to make changes to best provide the services that are required whilst at the same time being profitable‚ Businesses must constantly evolve and improve
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