STUDY UNIT 2: ESTABLISHMENT AND FINANCIAL STATEMENTS OF A PARTNERSHIP PARTNERSHIP - A partnership is a legal relationship which arises when an agreement is entered into by two to twenty people. Each partner contributes something – cash‚ assets‚ knowledge etc to the business with the aim of making a profit which is shared according to an agreement. 2.2 Reasons for forming partnerships o To increase the amount of capital in the business o To eliminate competition o To bring capital and
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a career other than nursing. My admiration for the occupation developed at a young age due to the time I spent in hospitals and doctors offices after being diagnosed with a rare condition when I was only seven years old. Time after time spent in these clinics‚ seven-year old me quickly became enamored with the hard workers around me and the compassion that the nurses always treated me with. I automatically became drawn into the field and as I became older my admiration for the work of the everyday
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The Joy Of Queuing and Other Reasons Why Netflix Works Time Context: January 2013 - December 2013 Point of view: Marketing Head Statement of the problem: Can Netflix retain the status they have right now? Objectives: 1.) To ensure that by the end of 2015‚ Netflix can retain or improve their sales by 10%. 2.) To secure the 40% of market share they have by the end of 2015. 3.) To lessen the numbers of customers that ended their subscriptions by 35% by the end of 2015. Areas of consideration: Strengths:
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Module 1 Study Guide Chapter 1 • Know the four basic steps of the interpretive journey. • Know the order of these four basic steps. Why is order important in following the interpretive journey? • What is a theological principle? Does it apply only to modern readers‚ or did theological principles apply to the original recipients of Scripture as well? • What are some of the barriers that constitute the "river" distancing readers of the Bible from an accurate understanding of
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1. Understand why communication is important in the work setting 1.1 Identify different reasons why people communicate: People communicate for different reasons‚ to portray their feelings‚ emotions‚ pain‚ opinions‚ etc. To work with children and young people‚ communication plays a very important part to make sure that the best provision is created for all. There are many different reasons why people communicate. People communicate to share information and express a need. They communicate to
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M1 - Explain why human resources planning is important to an organisation. Human Resource management can be defined as a management of organisation workforce. It is responsible for recruitment and selection‚ induction and training‚ promotion and transfers‚ human resources and manpower planning‚ rewards and conditions of employment and appraisals and termination of employment. HRM is also a strategic and comprehensive approach to managing people and the workplace culture and environment. Effective
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To determine whether Nazir and Omar has a valid partnership or not.We need to look and understand the definition of partnership by Partnership Act‚ 1961.S.3(1) define partnership as ‘Partnership is the relation which subsists between person carrying on a business in common with a view of profit’.5 words need to be examine‚first is ‘relation’‚’person’‚‘a business’‚’carried in common’ and ‘with a view of profit’ .We will look into what type of relation they are in‚is the business running carried in
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Question No.2: Why is perception important? Explain the factors influencing perception. Answer: Perception can be defined as a process by which individuals organize and interpret their sensory impressions in order to give meaning to their environment. However‚ as we have noted‚ what one perceives can be substantially different from objective reality. An individual’s behaviour is based on their perception of reality‚ not on reality itself. It is important in communicating effectively‚ assessing
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supporting other people at work Assessment criteria The learner can: 1.1 Explain the purpose of supporting other people to work When you work within a team one of your main roles is to contribute to the team. Whilst contributing you need to keep in mind your objectives within the team and also the objectives within the whole company because although you may work in a team within your department you are also in a team amongst the people who work within the organisation‚ you may all work in different
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Unit 7: Work in Partnership in Children and Young People’s Settings Learning Outcome: 1 Assessment criteria: 1.2‚ 1.2‚ 1.3 & 1.4 The main and arguably the most crucial feature of effective partnership working are clear‚ concise and considered communication between all relevant parties. It is important that each person within the partnership has the best interests of the children‚ a shared vision and aims at the forefront of their thinking and motivation. Working together as a united team are
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