1888 The First National Manual Cash Register In 1883 on January the 30th James Ritty receives a Patent for inventing the cash register. Ritty owned a cafe in Dayton in the 1870s it was a popular cafe but somehow always lost money Ritty then blamed the bartenders and other workers for stealing. What Ritty dealt with was very common in the late 1800s. Ritty later went on a vacation on a ship whist on the ship he observed the workings of an automatic device that recorded the revolutions of the ship’s
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The human body has the ability to understand the environment around it by using its senses. The five basic human senses are hearing‚ sight‚ touch‚ smell‚ and taste. Anytime one of these senses is triggered by a specific stimulus the signal is transmitted to the brain in order for the information to be interpreted. This transmission process is known as perception. First the body will experience an external stimulus‚ the sensation. Then this information will be transformed into electrical stimulation
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Reaction Paper: “Basic Human Resource Management” As a student’s of Cavite State University- Silang Campus‚ third year college in the course of Business Management majoring in Human Resource Management. It is very important to us to have seminar. The basic objectives of the seminar are to understand the roles and function of Human Resource Department in the organization‚ to identify the essentials steps involved in the recruitment‚ selection and hiring process‚ to learn the key elements in developing
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UNIVERSITY COLLEGE STUDENT NO : 14/0165 NAME & SURNAME : SALMA ASVAT PROGRAMME : DIPLOMA 1 MODULE : BUSINESS MANAGEMENT LECTURERS NAME : MRS C S MHIZHA DUE DATE : 16TH SEPTEMBER 2014 QUESTION ONE BRIEFLY DISCUSS THE RESEARCH AND DEVELOPMENT FUNCTIONS UNDER THE FOLLOWING HEADINGS: FUNCTIONS OF THE RESEARCH AND DEVELOPMENT DEPARTMENT. DISCUSS THE FUNCTIONS OF BASIC RESEARCH. DISCUSS THE FUNCTIONS OF PROBLEM BASED RESEARCH DISCUSS THE FUNCTIONS OF APPLIED RESEARCH AND DEVELOPMENT
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relatively small. It can be used literally (an observed series of actual collisions) or metaphorically (causal linkages within systems such as global finance or politics). Theory X In the theory X‚ management assumes employees are inherently lazy and will avoid work if they can. As a result‚ management believes that workers need to be closely supervised and comprehensive systems of controls to develop. A hierarchical structure is needed with narrow span of control at each and every level. According
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direction - Business strategy: occurs at the business unit or product level - Functional strategy: at a functional area to achieve corporate and business objectives and strategies Strategic Management: a set of managerial decisions and actions that determines the long-run performance of a corporation. Includes: Internal and external environment scanning Strategy formulation Strategy implementation Evaluation and control Phases of Strategic Management: Phase 1: Basic financial
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Name of Candidate: Samantha Simon Topic: Establishing a Business: Production Name of Business: Otaku Café School: Antigua Girls’ High School Date: 15th March‚ 2014 Table of Content Page 3 - Acknowledgement Page 4 - Introduction Page 5 - Description of the Business Justification of Location Selection of Appropriate Labour Page 6 - Source of Fixed and Working Capital Roles of the Sole Trader Page 7 - Types of Production Level of Production Quality Control
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Yield management is defined as management of the room rates to maximize the room revenue under the conditions of fluctuating demand and where the products are perishable. Jauncey.S et al (1995). According to Jones.C et.al (1993) the two basics strategies on which the yield management is emcompasses on are: “When the demand is high the emphasis must be on receiving the highest rate possible for a room‚ ie maximum revenue When the demand is low‚ and/ or late booking demand is unlikely‚ the
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Cash and Cash Equivalents Cash This includes money and other negotiable instrument that is payable in money and acceptable by the bank for deposit and immediate credit. Examples are bills and coins‚ checks‚ bank drafts and money orders. To be included or considered as cash‚ it must be unrestricted as to use‚ meaning‚ it must be readily available for use or payment of current obligations‚ thus‚ not subject to contractual or legal restrictions. The following items are included in “cash”:
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Introduce to Business Chapter 1 The framework of Contemporary Business Learning Goals 1. Distinguish between business and not-for-profit organizations. 2. Indentify and describe the factors of production. 3. Describe the private enterprise system‚ including basic rights and entrepreneurship 4. Indentify the six eras of business and explain how the relationship era – including alliances‚ technology‚ and environmental concerns-influences contemporary business. 5. Explain how today’s
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