Identify and explain any FOUR (4) characteristics of a partnership. A partnership means a business is founded by two or more individuals‚ for example like small businesses which including retail or services business. There are certain characteristic for partnership‚ the first characteristic is partnership is limited life. Partnership may only established in certain year based on the partnership agreement. Partnership is easy to be terminate if one of the partner is death‚ bankruptcy or do not carry
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In modern society‚ business relationships are becoming more and more important. Information‚ knowledge and personal networking are playing an important role in decision-making. Communications do not automatically take place effectively in organisations and that both information and work-based knowledge is often insufficient when decisions are made. This unit will let students know how to assess information and knowledge needs and to ensure the information and knowledge be taken effectively. Students
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Question 1 DEFINE OPERATIONS MANAGEMENT AND DISCUSS ITS ESSENTIAL FEATURES AND THE IMPORTANCE/BENEFITS OF OPERATION PRIORITIES Introduction: Every organization is in business because it has products‚ services and in some cases a combination of the two (i.e. product and service)‚ that it offers customers as a solution to a particular need or want they have. This implies that‚ the very core business of every organization is to get these products and services readily available to customers‚ through
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Day 19 (Nov 28‚ 2012) Improving Service Quality and Productivity Integrating Service Quality and Productivity Strategies “Not everything that counts can be counted‚ and not everything that can be counted‚ counts”- Albert Einstein “Our mission remains inviolable. Offer the customer the best service we can provide‚ cut our costs to the bones; and generate a surplus to continue the unending process of renewal.” – Joseph Pillay‚ Former Chairman‚ Singapore Airlines During the 1980s and early
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The Characteristics of Cat Loving and Caring‚ Curious‚ Playful‚ Cuddly‚ Adventurous‚ Silly and Goofy‚ Funny‚ Smart and Intelligent‚ Friendly‚ Affectionate‚ Sleepy‚ Stretchy‚ Agile CAT COMMUNICATION - BODY LANGUAG Cats which communicate mostly with other cats use mainly on body language and scent - this is their "native language". Their body language is subtle. There are at least nineteen different types of "miaow" which differ in pitch‚ rhythm‚ volume‚ tone‚ pronunciation and the situations in
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Chapter 7 Six characteristics of strong families - Being committed - Showing appreciation - Communication - Spending time - Sharing values and beliefs - Coping with stress Erikson – 3 stages (I) Early Childhood = Initiative (3rd stage) - Children display eagerness to understand new activities - Guilt is emotional response to realization of possible failure Middle Childhood = Industry (6-12 years old) (4th stage) - Children attempt to gain recognition of their efforts in completing
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<center><b>Mass‚ Volume‚ and Density Lab</b></center> <br>The purpose of this lab was is to find the mass and volume of an object. Then to find the density of the object using the measurements of the mass and volume. <br> <br><b>Equipment:</b> <br>scale <br>graduated cylinder <br> <br><b>Hazards:</b> <br>dropping object into graduated cylinder too fast may cause it to break <br> <br><b>Procedure:</b> <br>First get out the equipment that will be needed. Make sure to have about 5 objects that can fit
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ENTREPRENEURIAL CHARACTERISTICS A series of interviews were conducted with distinguished entrepreneurs. They were asked what characteristics they felt were essential to success as an entrepreneur. Good health was a characteristic mentioned by every entrepreneur interviewed. Entrepreneurs are physically resilient and in good health. They can work for extended periods of time‚ and while they are in the process of building their business‚ they refuse to get sick. In small businesses‚ where there
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association of two or more individuals to carry on a business for profit. Many small businesses including retail‚ service‚ and professional practitioners‚ are organized as partnerships. Like the other types‚ partnership contains its own features and characteristics which help to differentiate itself from the others. First of all‚ in terms of the number of partners‚ there are no less than two partners who are joint owners of the company and carry out business. In addition to general partner‚ there may also
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COST – volume –profit analysis LEARNING OBJECTIVES Students should be able to: 1. Explain the nature of CVP Analysis and name and illustrate planning and Decision-making situations in which it may be used‚ 2. Separate semi-variable (mixed) costs into their fixed and variable components. 3. Construct profit/volume charts given selling price‚ costs and volume data. 4. Construct a cost/volume/profit (CVP) model representing the data in a marginal
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