P1 Describe the purpose of accounting for an organisation What is accounting Accounting is a recording‚ reporting‚ and analysis of financial transactions of the business. The person which is in charge or accounting is known as an accountant‚ this person is specifically in charge to follow rules and regulations‚ such as the generally accepted accounting principle. Accounting lets businesses to analyze the financial performance of the business‚ and look for statics such as net profit.
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Unit 15: P1 Introduction In this task I shall be creating a fact sheet that identifies the career of my choice and also where the sources of information were retrieved from. Sources of information Findings Date of completion I searched in Google the preferable choice of university I would like to go to and selected a choice that suited me best “Business management”. I went on the university of west minister website to find information about the courses‚ units and also requirements. http://www
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Unit 2 P1 Task 1 - Define aims and objectives. (P1) Businesses set aims and objectives‚ so as to be able to measure their progress towards their stated goals for a particular financial term or business period. Aims indicate where the business wants to be in the future‚ whereas objectives set a clearly defined target for the business. In most businesses‚ plans are drawn up for the business to achieve these aims and targets. Aim - is where the business wants to go in the future‚ its goals. It
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P1- Describe how marketing techniques are used to market products in two organisations. Cadbury The marketing techniques that Cadbury use could be things such as: branding‚ relationship marketing‚ growth and survival strategies. Growth Strategies Cadbury uses market penetration strategies to keep people aware of their brand. They do this all in their current market. They do this by selling more to existing customers‚ like selling their products in multi-packs. This means that the customers can
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P1 – Describe physical‚ intellectual‚ emotion and social development for each of the life stages of an individual. Everyone in their life is constantly going through life stages. Every person is put into a certain life stages there are seven which we are considered to be in these are: Foetal development Infancy 0-3 Childhood 4-9 Adolescence 10-18 Young Adulthood 19-40 Older adulthood 41-64 Old age (Elderly) 65+ Each stage a developments will
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P1- Outline the web architecture and components which enable internet and web functionality. Part 1-Website Architecture Internet service provider is a company that provides the individual with access to the Internet and other related services such as Website building and virtual hosting. The IPS contains the equipment and telecommunication line access which is needed to have a point of presence (which is an access point from one place in to the rest of the internet) on the internet for the geographic
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RECRUITMENT AND SELECTION IN BUSINESS Task 1; this task addresses P1 This assignment will show that I have gained an understanding of the way that Tesco and Bsix Sixth Form College plan their recruitment. Recruitment and selection is the process that organisations use to attract potential employees and then choose the best person for the job. The recruitment and selection process have different stage that all have to be to follow‚ to select the right candidates for the job vacancies. TESCO:
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Describe the purpose of accounting for an organization P1 * Purpose of Accounting in Business The main aim of any business is to earn profits and also to remain solvent‚ i.e.‚ it should have enough resources to pay its employees‚ creditors and to carry on with the day-to-day activities of the business. The main purpose of accounting system is to prepare financial statements‚ that will help the various external and internal parties of the business to appraise the profitability as well as the
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Unit 3 - Introduction to Marketing P1: Describe how marketing techniques are used to market products/services in two organisations Role of Marketing Marketing is the process of communicating the value of a product or service to customers for the purpose of sales. It is a critical business function for attracting customers. Marketing activities and strategies result in making products available that satisfy customers whilst making profit. The broad field of marketing activities can be condensed
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P1- outlines the functions of the main cell components. The human body is organised into five parts:- Cells form… Tissues form… Organs form… Organ systems/ body systems form… The human body. In this assignment I am going to be outlining the functions of the main cell components which include cell membrane‚ nucleus‚ chromosomes‚ cytoplasm‚ mitochondria‚ endoplasmic reticulum‚ Golgi apparatus and lysosome. There are two types of main cells which include eukaryotic and prokaryotic cells. A
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