Initial Capital Investment Before investing any amount of capital into a business‚ organisation or idea‚ It is crucial that research is conducted into the market and the market share of the business. From this‚ an estimation can be gained if it is a wise idea and what the possible return maybe. The initial capital investment must be sufficient to cover all costs of the setting up‚ opening and running of the business until the business is making enough income from sales and services to aide or
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Unit 301 Understanding the principles and practices of assessment Assessment Criteria 1.1 The functions of assessing is to start with the initial assessment‚ this is where we identify if they have any previous experience or knowledge that is relevant to the qualification that they will be assessed on and find out their individual learning style and what support is needed in there learning because everyone absorbs information differently. You can also find this information out from application
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Unit One 402/411: Theory Assignment- Planning to meet the needs of learners and delivering in lifelong learning Unit One: Theory Assignment- Planning to meet the needs of learners and delivering in lifelong learning 1a) Initial and diagnostic Assessment and agreeing individual goals 2a) Research Area: Reasons for carrying out initial and diagnostic assessments I have chosen to research reasons for carrying out initial and diagnostic assessments. 2b) Why I selected this aspect
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Production‚ Planning and Control Dr. Sindhuja • The most important business module – Production. Why?... Objectives • The ultimate objective of production planning and control‚ is to contribute to the profits of the enterprise. • this is accomplished by keeping the customers satisfied through the meeting of delivery schedules. • Specific objectives of production planning and control are to establish routes and schedules for work that will ensure the optimum utilization of materials‚ workers
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can see the Moon’s phases even though the Moon doesn’t change. The Moon phases are the different stages of the Moon as it orbits Earth. This cycle is known as the Phases of the Moon. As the Moon circles Earth‚ the amount of light we see changes. These changes in light that we see are known as phases. As the Moon orbits around the Earth‚ the changing of light is known as waxing and waning. The phases have to do with the relativity of the Sun‚ Earth‚ and Moon. The phases help us determine what
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or profit (sometimes referred to as consignment stock). A special form of this commission business is scan-based trading whereas VMI is usually applied but not mandatory to be used. This is one of the successful business models used by Wal-Mart and many other big box retailers. Oil companies often use technology to manage the gasoline inventories at the service stations that they supply (see Petrol soft Corporation). Home Depot uses the technique with larger suppliers of manufactured goods. VMI helps
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Clad in a simple blue shirt and a pair of dirty white shorts‚ Wally Bayola does not look like the highly acclaimed comedian who once had his career beaten to a pulp due to a sex controversy. He was sitting peacefully inside a room of a house in Caloocan City in Brgy. 87 Zone 8‚ where the day’s episode of Juan for All‚ All for Juan was going to be filmed. He looks different from his television self‚ or maybe because he was not fully made-up with the ludicrous Lola Nidora look. His brows were in the
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power not only controls political authority but also socio-economic and cultural spheres of the conquered country. This colonial exploitation was dynamic in nature ad changed from time to time. In modern India it has three phases. Mercantile Phase from 1757 to 1813. During this phase‚ the aim of all the activities of the company were to accumulate the wealth of India in terms of raw material and money. For this purpose commercialization of agriculture was introduced and large scale export of raw material
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integrating products with services. Servitization is supposed to contribute to a sustainable society through its potential to support dematerialization‚ i.e. reduction of materials used in production and consumption. Key aspects of lean are resource efficiency and customer-orientation. Though lean production has gained a high degree of attention‚ few studies have addressed the potential relationships between lean and servitization. Servitization is however not only relevant from a sustainability
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Understand how to order products and services 2. Understand how to keep waste to a minimum in a business environment 3. Understand the purpose of delivering effective customer service 4. Know how to take minutes 5. Understand how to organise meetings 6. Understand how to organise events 7. Understand how to manage diary systems Questions Explain what procedures you use to order products and services for your organisation In order for my organisation to order products and
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