Unit 5 – Business Accounting – P1 and P2 Businesses such as Toyota find accounting being a very critical aspect of their business life. Accounting involves recordings of the financial transactions for the business. The importance of accounting is that great that even if a business has one of the best products in the world it could still be faced to fail for simple things such as not enough investment‚ too high costs to produce the products or even simply over spending on new products. Record Transactions
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P1 - To identify the differences between start up‚ operating costs‚ variable costs‚ and fixed costs. Managing Business Expenses In this leaflet I will be elaborating on the terms start-up costs and operating costs. I will provide examples for both cases and show the comparison between the two .Having done that I will also provide‚ in detail‚ definitions for both variable costs and fixed costs. Both accompanied by examples. Start-up Costs: Start-up costs are incurred before a business operates
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P1 – Describe the Type of Business‚ Purpose and Ownership of Two Contrasting Organisations In this task I will be investigating two different types of businesses and will be comparing them with each other. I will be first talking about the public sector‚ Sir John Cass and Redcoat school. The private sector I have chosen for this task is Blue Inc. Sir John Cass and Redcoat School. Sir John Cass and Redcoat school is a public sector‚ owned and organised by the government‚ in tower hamlets.
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Lubricant Terminal Manager‚ at the Heartland Cooperative Location and also former owner of Central Wisconsin Truck Repair. At the business he currently works for‚ Heartland Cooperative‚ it is organized into a Co-op and this changes the way work is done because a board of directors must be apart of decisions and all records are audited annually because it is a public business. His job is to source and distribute petroleum products along with handling things like invoices and billing. Mike’s career started
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Executive Summary The report describes about the marketing management. How the company put the efforts to market the product. Which type of consumer is been targeted‚ what are the strategies company use to market their product. The different idea to promote their product‚ the different ways of approaching the customers. The First heading describes about what is been marketed? There are different entities through which marketer market some of them are goods‚ services‚ events‚ experience‚ places
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clerical employees who also need network connections‚ but whose needs are less intense. Design the network. Be sure to include a diagram. ANSWER 1 Q2 HOSPITALITY HOTEL Hospitality Hotel is a luxury hotel that whose guests are mostly business travelers. To improve its quality of service‚ it has decided to install network connections in each of its 600 guest rooms and 12 conference meeting rooms. Your task is to design the network for the public network and decide how to connect the
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Introduction Business organisation use business information to communicate within the company and outside the company. This information comes from all different variety of sources. From information written in P1 I will analyse the different type of business information and their sources used by BBC. Verbal information Verbal information is the way of communicating between individuals through speech. This type of information is the best way of communicating‚ but it is also not very sufficient. Since
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P5 l will be explaining the legal and ethical issues that relate to the use of business information. l personally think that legal and ethical issues are usually to do with something that involves people having to abide to a law‚ in most cases there will be a consequence for not abiding with the law. Most businesses have different information about people working for them‚ that’s when the Data Protection Act 1998 protects the information held about people being misused. The information usually
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M1 - Compare the purposes of the different documents used in the selection and recruitment process In this report I will compare the purposes of all different recruitment resources documents used in the selection and recruitment process for a given organisation. Job Specification What the job involves This allows the candidate to fully understand what the job role involves before apply for the job. It allows candidates to figure out if they’re suitable for the requirements which the organisation
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What I think makes a great leader: A great leader is someone who is determined‚ passionate towards their role as a leader. They are someone that others can look up to as a role model‚ inspiring others to take part or get involved in sports. Communication is important as you have to try to explain things to people as you are met with a blank expression. Being able to clearly and succinctly describe what you have done is extremely important‚ if you can’t relate your vision to you team than you won’t
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