ECONOMICS AND BUSINESS ENVIRONMENT 1.1) Economic activity and economics (Pp. 14-16) Prosperity: The ready availability of goods and services to fulfil needs. Resources: Land‚ labour and capital. Scarcity: The excess of human needs over what can be produced. Economic activity: occurs when people (consumers‚ managers) make choices to maximise their prosperity using scarce resources. The Science of Economics: is concerned with the study of economic activity. This field is complex
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Unit one: Principles of personal responsibilities and working 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
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|left for you by others. | | | | |2. Conference calls |This makes it possible to speak to more than one person at the same | | |time.
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ECONOMIC ORDER QUANTITY AND IT’S IMPLMENTATION IN BUSINESS Any business man‚ executive‚ and entrepreneur should know the basic tools for a company to develop in the market‚ regardless how big the business is‚ there are many factors involve. It is very important in every business to handle well developed financial and logistics processes. In order for a company to handle a correct logistic‚ without matter if it is a goods or services company‚ it is necessary to identify many factors. Some of
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|By pressing the transfer call button | | | | |2. Call Barring |By using a code‚ to bar premium rate calls and international calls. | | |But this doesn’t affect emergency numbers
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Bryce Leilo ECO211-002 Paper 2 16 February 2015 Is Globalization the Issue‚ or the Solution? The question that keeps the public in a constant frenzy and the big chairs at Capitol Hill jumping is the matter of the United States and her future endeavors economically. There is one issue that has really sparked an interest in the 21st century‚ and that is the redeployment of jobs overseas‚ in other words the globalization of the United States. Now we all hold our own opinions and are entitled to just
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that are involved within marketing products. These are: Consumer law is a set of laws put together to ensure the customers are all cared for in the right way and prevent the business to perform in a complaint or rough stage within their business. Sales of goods act 1979 The sales of goods act just implies that the business must ensure all their products are satisfactory and they sell goods to their requirements and it must meet the description. Effects marketing activity as needs to be honest
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entitlement Sick pay 2a) List three key points of legislation that affect employers in a business environment. Three key points affecting employers in a business environment are as follows: Employment Rights and Responsibilities Data Protection Health and Safety 2b) List three key points of legislation that affect employees in a business environment. Three key points affecting employees in a business environment are as follows: Statutory Employment Rights Equality Act Health and
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Assignment brief – QCF BTECAssignment front sheet Qualification Unit number and title 90 Credit Diploma in Business Level 3 Unit 2: Business Resources Student name Assessor name Kelly Clayton Date issued Interim Deadline Final Deadline Submitted on 26/09/14 03/10/14 10/10/14 Assignment title Business Resources: Know how human resources are managed In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence
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investment risk decisions to maximize return on investment. B. The department manager sets and demonstrates a tone of honesty and integrity in all business dealings. C. any department functions are duplicated or verified by other department employees. D. Deficiencies were found in the appropriate authorization of transactions. Answer: A QUESTION: 2 According to the Standards‚ which of the following best describes the concept of due professional care? A. Internal auditors must apply the diligence
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