being done in order to better understand the characteristics as well as buying behavior of this cohort. It is also said that the population size of this cohort is likened to be that of the Baby Boomers. This means that companies will have to tap into the psyche of the Gen Y in order to better understand their purchasing decisions and hence better gear their promotional activities in order to attract this cohort. The Gen Y adults sub group contraindicates loyalty characteristics as high in a developing
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PAYROLL AND PERSONNEL CYCLE CHART Journals needed for this cycle is the payroll journal and the general journal. In this cycle‚ transactions such as payroll taxes are checked to make sure they are deducted and remitted to the appropriate agency‚ and that payroll is accrued. The payroll and personnel cycle begins with the hiring of personnel and ends with payment to the employees for the services performed and to the government and other institutions for the withheld and accrued payroll taxes and
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Unit 219 Store & Retrieve Information Outcome 1: Understand processes and procedures for storing and retrieving information 1.1 – Explain the purpose of storing and retrieving required information The purpose of storing and retrieving required information is so you can readily retrieve it when it becomes required. Information is logged on a spreadsheet and filed with the log number this is so the information can easily be found if required. The information is stored in locked filing cabinets
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219- Store and retrieve information 1.1 Explain the purpose of storing and retrieving required information Storing information is a process where information is stored or kept within a store house. A storehouse includes places such as cabinets‚ HDD which is a hard disk drive‚ memory sticks or floppy disks depending on the kind of information that you are trying to store. Retrieving information is the process of regaining the information that has been stored when it is needed at relevant times
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Unit 219 - Store and Retrieve Information 1.1 The Purpose of Storing And retrieving Information. Storing information is an important part of work‚ for every file created‚ used or referenced needs to be organised and accessible to all that require it. So information needs to be stored correctly to be able to retrieve and use. Information Can be also kept for legal reasons. The information that we handle is always being retrieved‚ as some of it is sent to clients or cross referenced with
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and retrieve information Store and retrieve information 1.1 Describe systems and procedures for storing and retrieving information (Planned: 0‚ Completed:0) A system and procedure that is used in Dass solicitors is called quilllenium‚ which is a database that is used to store clientele information. Another system would be Archive 2000 which is used to store client file and documents‚ from addresses to case information. 1.2 Outline legal and organisational requirements for information security
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“With reference to organisations or industries that you know‚ to what extent do you think that recent changes in the UK economy will have inevitably damaged the long term profits of businesses that operate in this country” 40 Marks The UK economy has been a bane to at least every business that has ever set foot into trading and manufacturing in the UK‚ However recent changes such as the recession and low consumer confidence has made it ever so hard to recover ultimately damaging the long term profits
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Unit: Store and Retrieve Information Learning Outcome 1: Understand processes and procedures for storing and retrieving information 1.1 - Explain the purpose of storing and retrieving required information The main purpose of storing information is for easy retrieval in the future when it is required. Storing certain information may be part of company policy. There will be procedures in place in order to make sure files are stored correctly and in line with data protection. Depending on the type
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and record operations in an expeditious and refined manner. Payroll provides all employee of a certain business or establishment who gets and acquires earnings or other payment in line for each. The electronic and computerized Payroll System and at the same time information management system will not only offer exact calculations and accurate data of designated employees but it will also implement security measures and confidentiality of the files and accordingly arrange documents provided by an
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MANAGEMENT INFORMATION SYSTEMS IMT - MIS (Assignment Questions) Institute of Management Technology Centre for Distance Learning Ghaziabad 2 IMT CENTRE FOR DISTANCE LEARNING GHAZIABAD Distance Learning Programme MANAGEMENT INFORMATION SYSTEMS Notes: a. Write answers in your own words as far as possible and refrain from copying from text books/handouts. b. All answers should be of 200 words. c. Write on one side of the paper. d. Answers of Assignments I‚ II‚ III and IV (Case Study)
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