2.0 The Different Types of Business Activity By the end of this chapter‚ you should be able to: • Classify entities into primary‚ secondary and tertiary sectors • Explain features of public and private business • Understand the different forms of merger and take-over • Compare methods that measures the size of a business Levels of Economic Activity Stage Business Involved Primary Woodcutter Secondary Furniture Makers Tertiary Retailer Example – Stages in the production and sale
Premium Vertical integration Market economy Mixed economy
you spend money on and cutting out all the fun in your life. It’s really about understanding how much money you have‚ where it goes‚ and then planning how to best allocate those funds. Here’s everything you need to help you create a budget using different approach. (a)Incremental Budgeting This is where the current budget and actual figures act as the starting point or base for the new budget. The base is adjusted for forecast changes to‚ for example‚ the product mix‚ sales volume‚ sales price‚ expenses
Premium Budget Budgets
Different Types of Work Teams Susan L. Laird Colorado Technical University Online HRM345-1404B-01 Building Effective Teams Phase 1 Diverse Teams Different Types of Work Teams Discussion Board 2 Jamie Boyd November 19‚ 2014 List and Explain 3 different types of work teams Project Teams: a project team is simply a group of employees that work together to achieve a common goal. This type of work group can be on either a temporary or a permanent basis depending on the particular task. Usually‚
Premium Team Project management The A-Team
Different types of computer systems in different environment According to the size and power computers are classified. Super computers Super computers are employed for heavy usage like construction of atom bombs‚ weather forecasting‚ finding oil‚ earthquake predictions‚ electronic design and scientific simulations. These computers are extremely faster that other computers currently available. They can perform hundreds of millions of commands per second. Mainframe computers Mainframe computers
Premium Personal computer Computer
1) Describe the differences between accidental and intentional exposure to marketing information. Identify a product for which each type of exposure is most common‚ and discuss implications for developing effective marketing strategies. Accidental exposure is when we come in touch with marketing information that we didn ’t intentionally seek out. For instance‚ we are exposed to numerous commercial messages while driving on the freeway: bill boards‚ radio advertisements‚ bumper-stickers on cars‚
Premium Marketing Advertising Coca-Cola
The Different Types and Affects of Schizophrenia Approximately 2.4 million Americans are affected with Schizophrenia. Currently one percent of that population develops Schizophrenia at some point in their lifetime (National Women’s Health Research Center) (web 3 June 2010) . Schizophrenia is when an individuals thinking‚ emotions‚ and behavior is impaired. If untreated‚ Schizophrenics will soon start to make a person withdraw from interactions with others and will eventually they will not be
Premium Schizophrenia
through others by influencing behavior. Responsibility means being answerable‚ liable‚ or accountable. Thus managers have the authority to give commands‚ and subordinates have the responsibility of carrying out commands. This authority-responsibility structure is in keeping with the paramilitary organization that traditional police management is modeled after. Delegation‚ or transferring authority‚ is a necessary and often difficult aspect of management because it requires placing trust in others to do
Premium Management
CELL ULTRASTRUCTURE CELL ULTRASTRUCTURE Cells are the smallest functional units of the body‚ (Waugh‚ A. and Grant‚ A.2010). Most cells are microscopic. The largest cell in the body is the female ovum. The erythrocyte is the smallest cell. The longest cell is the neuron. Cells group together to form tissues‚ each of which has specialised function. Different tissues group together to form organs. Organs are group together to form organ systems‚ each of which performs a particular function that
Premium Cell Neuron Cell membrane
Structure and Function of the Human Digestive System By Caitlin Ong Organs of the Digestive System Mouth Structure: The mouth consists of the upper and lower jaw‚ that contain gums which hold teeth‚ the roof of the mouth is the palate and the tongue occupies the floor of the mouth. The salivary glands have ducts that open in the mouth. Function: The mouth is where the first step of digestion begins. Known as mechanical digestion‚ this involves chewing with your teeth to break the food
Free Digestion Digestive system
different types of small business different types of small business Legal Status The simplest legal forms for small businesses are sole proprietorships and partnerships. Neither is required to be registered with the state and taxes are managed on the owner’s or partners’ personal tax forms. These forms are best when there is little capital property or likelihood of being sued. A corporation is the opposite end of the spectrum‚ requiring registration with state and local authorities‚ separate
Premium Corporation Types of companies Cooperative