Unit 051 Outcome 1 1. The reason than people communicate * To build relationships with others‚ this can start with a greeting to engage an individual in a setting. This could be a smile‚ a wave‚ a hello and an introduction * Gaining‚ sharing or seeking information from others. This will help the way people interact and work together. * Control‚ by giving instructions or orders. * Social interaction is the main purpose of communication‚ and the interaction with others is how we maintain
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Responsible Accounting 1. Identify at least two behavioral that could arise There are two potential behavior advantages if manager accepts and participate in the responsibility accounting system and participatory budgeting system. Responsibility accounting is used to measure the performance of people and department to foster goal congruence whereas‚ participatory budgeting system is a budgeting process under which those people impacted by a budget are actively involved in the budget creation process
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Memory and formatting d. Memory is not a recorder!!! Consider this statement and citing two sources‚ explain two reasons why eye witness testimonies are considered unreliable. Eyewitness testimony is an important area of research in cognitive psychology and human memory. According to Saul Mcleod‚ eyewitness testimony is a legal term that refers to an account given by people of an event they have witnessed. For example they may be required to give a description at a trial of a robbery or a road
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personality. Some people are introverts and others are extroverts. Some people are lazy and others are perfectionists. It is important to know your personal identity so that you know your likes and dislikes. It is important to develop your personal identity so that you can know what your talents and skills are. I am a middle child in my family. I have one older brother as well as two younger adopted sisters. Me and my brother normally get along well. My brother is in the Philippines right now‚ but when
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The recent rash of ethical misconduct in the new millennium has created public mistrust and has become a major concern in the business arena. For example‚ accounting scandal‚ insider trading‚ falsification of documents‚ false advertisement‚ bribery‚ just to name a few‚ are significant indicators of the state of ethical behavior. Ethical misconduct does not exist in the business world alone. Government politician are part of corrupt picture also. Just imagine being part of the highest organization on
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While the terms e-business and e-commerce are often used in the same context there is a difference between the two. E-commerce generally refers to financial transactions that take place on the Web‚ whereas e-business refers to all types of transactions over the Web. The use of the Web‚ or Internet‚ is perhaps one of the greatest changes in business practices today. "The transforming power of this mode of business extends far beyond the obvious points of convenience for the customer and cost savings
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before for important things. Cloning is an eidetic a thing that scientist can copy and can help humans. The thing is some scientists think we should not have cloning so here are two reasons why we should have cloning. We should have cloning because is it can replace certain tissues. According to the National Human Genome Research Institute a website‚ Therapeutic is a type of cloning that could replace the skin if someone has injured their skin or skin that has a diseased tissue. Why we should have
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4) Why are financial markets important to the health of the economy? A financial market is a market where people and organization can trade financial securities and commodities at prices according to the supply and demand. Example of securities are stocks and bonds‚ and commodities include properties or valuable assets. A market holds interested buyers and sellers‚ including households‚ firms‚ and government agencies‚ in one place. Financial markets helps the raising of capital‚ the transfer
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CAPITAL UNIVERSITY OF ECONOMICS AND BUSINESS BTEC-HND Centre Unit 7 Edexcel Level5 BUSINESS STRATEGY Unit Introduction 24 February 2013 Phoa Khee-Liang 潘科良 Unit 7: Business Strategy BTEC Higher National — H2 Description of unit The aim of this unit is to develop your abilities to evaluate and select strategies appropriate to business organizations. This will involve an analysis of the impacts of the external operating environment and the need to plan organizational
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Accounting for Merchandising Business A. Comparison of Income Statement Service Company Net Income = Revenues – Expenses Merchandising Company Net Sales - Cost of Goods Sold = Gross Profit/ Margin from Sales Gross Profit/ Margin from Sales – Operating Expenses = Operating Income Operating Income – Finance Costs = Net Income Sample Problem: Carlito Delights Income Statement For the Year Ended December 31‚ 2013 Net Sales P 2‚393‚250 Cost of Goods Sold 1‚313‚600 Gross Profit from Sales
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