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
Premium Balance sheet Financial statements Income statement
A directive leadership style might be helpful for a manager within a business where their subordinate staff members have jobs that are not particularly specialized and so they need more guidance to avoid uncertainty. Margaret Thatcher Personlighet Straight forward – sometimes almost aggressive Great speaker Self confident
Premium Leadership Management Sociology
Program I’m studying is Associate Degree in Network System Administration. In order to get career working with computers I need more knowledge of wide area networks/ local area networks‚ configuring‚ troubleshooting‚ client-server networking‚ and Linux networking. In order to communicate with people with people within a home or office you use local area networks so that one person on a computer and talk to someone on the other side of the room on another computer. You can send data from one computer
Premium Computer network Computer Personal computer
D1 – Assess whether a selected business meets its aims and objectives. I am going to assess whether the business I chose is able to meet their aims and objectives. Tesco’s aims and objectives are the following: 1. To maximise sales by 10% at the end of this year. 2. To become the largest retailers throughout the UK 3. Expand their business have a office in European and worldwide 4. To provide a good service that it cheap and affordable to the consumers by the end of March. Tesco’s main
Premium Supermarket Retailing Wal-Mart
TESCO Type – Tesco is one of the biggest Supermarket in the UK. It is not a local or a national business as they have shops all around the Europe. Tesco is a global business as it got stores in 14 countries across Asia‚ Europe and North America. Tesco belongs to the private sector which is run by private individuals or groups and is not under the government control. Tesco belongs to the tertiary sector because it provides goods and services to their customers. Purpose – Tesco’s main
Premium Private sector Government Business
Communication and intercultural business has been and still is an intricate part of understanding and conducting business with individuals of different cultures. Ever since early business dealings of the past when English explorers used to sail the seas in search of raw materials and spices‚ intercultural business dealings and understanding of other cultures has been the key element in business negotiations. Understanding the way other cultures interact with each other‚ their beliefs and views‚ and
Free Culture
In this essay‚ I will be assessing the likely immediate effects and to also evaluate the potential long term effects of the two types of abuse on health and wellbeing of adults. The two abuses which I would be evaluating is physical abuse and psychological abuse‚ how both abuse can affect a vulnerable adult in the long and short term affect. Physical abuse: Those Vulnerable adults who had experienced physical abuse can have a short term and a significant impact on the person’s life. A short term
Premium Abuse Child abuse Bullying
Task 1 P1‚ P2‚ M1 and D1 In this essay I am going to be describing‚ explaining and evaluating the legislation and policies relating to health‚ safety and security of children in a childcare setting. I will also be describing the procedures for risk assessments and hygiene control in my current placement. In a child care setting it is important that we follow the settings code of conduct‚ the code of conduct contains the rules of the setting so that you are able to understand and follow them with
Premium Hygiene
The Importance of Communication in the Business World The Importance of a positive organizational culture is communication. Creating a positive culture is not an easy task. Companies today need to develop feedback mechanisms to provide a reality check on management’s beliefs about the perception of its employees. In this paper‚ I will examine the importance of communication in the business world and some of the ways in which companies can improve their communication skills. I will also discuss how
Premium Vice President of the United States Communication Graphic communication
M1 – Contrast the ownership and purpose of two different business organisations. John Lewis Zebs Type of ownership John Lewis Partnership’s seven principles define how we run our business. They are as relevant today as they were when they were set out by our founder‚ John Spedan Lewis‚ in our constitution. Zebs is owned by one person which is called a sole trader as they run the business by themselves and don’t count on other people Purpose The Partnership’s ultimate purpose is the
Premium Difference Business law Good