References: Bragg‚ Steven M. (2012). Business Ratios and Formulas: A Comprehensive Guide. Wiley Publisher. Fridson‚ Martin S.; Alvarez‚ Fernando(01/2011). Financial Statement Analysis: A Practitioner ’s Guide. Wiley Publisher. Lamar Swimwear‚ 2013 Temte‚ Andrew (09/2005). Financial Statement
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managing the business for the benefit of customers‚ shareholders‚ suppliers‚ colleagues‚ partners and communities. Maintaining ethical and honest behaviour Our reputation for integrity is perhaps our most valuable business asset. If we lose it‚ we also lose the trust of our customers and all those who work with us. Our principles We shall believe in establishing enduring and equal relationships with all our stakeholders‚ because we’re confident that good ethics leads to good business. We
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Rewards and recognition react to this need by authenticating performance and motivating staff toward continuous development. Rewarding and recognizing individuals for performance not only affects the individual being recognized‚ but others in the business as well. Need for Rewards and Recognition Recognition should be part of the business’s culture because it contributes to both employee satisfaction and retention. Businesses can avoid worker turnover by rewarding top performers. Case Studies:
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responsibility of governments not business to protect the environment. Discuss Essay Plan. Introduction Thesis statement: Protecting the environment is the responsibility of government in some terms‚ but it is the responsibility of Business to keep safe the surroundings which are being affected by them. Main Body Paragraph 1 Why is it important to protect the environment • Protecting the environment is essential to live health life (Encyclopaedia of business) • If not it can cause
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for both parties‚ for the user and creator. If someone has a piece of software tailor made for their business then they would not want other businesses to have the same software they have just paid a lot of money for. Part of the user acceptance process is making sure that the software meets the customer’s needs‚ this could involve the software being configured in the right way for the business. Examples of configuration are: · Setting the software defaults (the layouts‚ Author initials ect
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BETC LEVEL 2 (UNIT ONE) BUISNESS PURPOSES SOFIA WARD 10M Task one: 1. Tesco Purpose • Tesco is for a profit. Over 60% of group sales and profits came from the UK business. • Tesco sells items such as fresh food‚ groceries and clothing. (The clothing market is worth £33 billion alone) Ownership • Tesco is a Limited company-Public(PLC) • The decision’s are made by an elected board • There Executive Committee comprises the Tesco PLC Executive Directors and seven senior
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service from a business‚ this mean that they can work together by the employees providing a good service to the business that the customer can take the good service from the business. The common interest that the two stakeholder have on the business is that they both deal with service like the customer buy the service from the business and the employees provide service for the business and also the oppose interest that the two stakeholder have is that the employees work for the business and the customer
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The world ’s business and trade has become faster‚ easier and more reliable. The ability to connect with people around the world has allowed long distance transactions to occur. Business relationships that may not have been possible 50 years ago because there was not a means to communicate effectively are more readily maintained in today ’s world. The difference between today and 50 years ago is that much of the learning is being taken over by machines. “People used to be valued for knowing a
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UNIT STANDARD 9691 Demonstrate knowledge of group processes NZQA LEVEL 5 | CREDIT 5 | VERSION 5 workbook STUDENT NAME STUDENT ID NUMBER US9691-V5-B EDITION 1 COPYRIGHT All content in this book is copyright to Learntree Limited ©2013 Except for the purposes of fair reviewing‚ no part of this publication (whether it be in any eBook‚ digital‚ electronic or traditionally printed format or otherwise) may be reproduced or transmitted in any form or by any means‚ electronic
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purposes of two different business organisations M2 Compare areas of growth or decline in the primary‚ secondary and tertiary classifications of business activities. For M1 and M2 you have been asked to complete the tables below to be used in an information leaflet about businesses. M1: What is their ownership type and purpose? Why are franchises and charities the same or different? Business number one: KFC What type of ownership does this business have? Explain this type of
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