A budget is how a business manages their money by predicting the amount the company is going to spend. The two types of budgeting our: * Zero budgeting – Urban Fashion will not know how much items is going to cost as the board of directors would not give them a specific amount to spend * Allocated budgeting – Urban Fashion know how much the budget is that they would have to pay things. In economics‚ fixed costs are business expenses that are not dependent on the level of goods or services
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Introduction I am planning to start a man spa business in Singapore. Man Spa goal is the best spa to fully committed to care for men. As a complete service‚ man spa will offered treatment based such as face and body skin care‚ massage‚ aromatherapy‚ and hydrotherapy. This function is that to keep man’s health‚relax and reduce stress from man’s daily life. The reason i going to plan for this business that man spa is more than just services.man may be happier to see by paying such attention that
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1) 1. Introduction The management of a business can be divided into nine business functions namely: General and strategic management Purchasing Production and operations Marketing Public relations Human resources Administration and information Financial and accounting Risk management The nine functions are important because their role is to ensure that the goals of the business are achieved. All the functions work together to ensure the survival of a business just like the organs of a human. None
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OUTCOME 2: Understand how to receive and transfer telephone calls – 2.1 Describe how to identify callers and their needs Identify callers needs Start with open questions‚ use active listening‚ don’t interrupt the caller. Clarification of actual situation/facts Ask pertinent questions‚ go over what the caller has said and ask if this is right. Find out what user knows already Ask what information was previous given‚ have respect for the callers attitude without adopting it. Transition providing
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Business Case IIS Networking Infrastructure Design Project | |Table of Contents | | | | Executive Summary 2 Project Overview 3 1.1 Project Overview 3 1.2 PROJECT DESCRIPTION 3 1.3 ALTERNATIVES
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A production concept is the oldest of the concepts in business. Business concerned itself primarily with production‚ manufacturing‚ and efficiency issues. It holds that consumers will prefer products that are widely available and inexpensive. Managers focusing on this concept concentrate on achieving high production efficiency‚ low costs‚ and mass distribution. They assume that consumers are primarily interested in product availability and low prices. This orientation makes sense in developing countries
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Financial Accounts The Assignment Liam O’Brady owns a business selling musical instruments. The following trial balance has been extracted from the books of account at 31 October 2012. Dr Cr £ £ Bank balance 19281 Capital balance as at 1 November 2011 61489 Carriage inwards 480 Carriage outwards 2110 Discounts 664 811 Drawings 28650 Fixtures and fittings – at cost 62200 Fixtures and fitting – provision for depreciation
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McDonald’s in it business operations for the three functions:-1) development of the workman and the scientific education2) the method of performing every job3) and the system of rewardingSo that they can meet the goals 7. TRAINING The scientific training is also one considered to be one of the important principles in the scientific management. The company also has the strong tradition and belief that the training have known for their values as the bottom line for their business. There is also
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with service levels‚ pay per milestone crossed options and even offer returning fees or no pay if targets are not met. All this‚ with the least amount of face to face interaction with your supplier! Yes‚ the world has shrunk and most of us do business with folks from around the world. This practice is only increasing in popularity and companies are now working towards mitigating the cons listed in the table above. Some disadvantages |Existence of ‘hidden costs’ that arise due to cultural
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Heineken out of Burma The action groups ’A Seed Europe’ and the Dutch action group ’XminY’ started a campaign in February 1996‚ called "Heineken out of Burma!". The investment plans of the Dutch brewer Heineken Inc. in Burma (Myanmar)‚ were said to provide material support and legitimacy to the violent dictatory rulers of the country. Heineken sees Burma as an emerging market‚ that must be entered without delay. Western beer markets are becoming saturated and the potentials for growth in Asia
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