(LIT1 Task 1) Sole Proprietorship: This is a type of business is where the business and the owner are one in the same. Sole proprietorship has its advantages and disadvantages just like every form of business. Sole proprietorship is one of the easiest types of business to create. You as the owner can name‚ organize and carry the business as far as you dream of it going. Sole proprietorship also can have risks; as the owner you cannot bring others into the business‚ so the responsibility of
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Leadership Qualities Leadership is defined as “a process whereby an individual influences a group of individuals to achieve a common goal” (Northouse‚ 2007). Managers‚ supervisors‚ and team leads are given the authority to accomplish certain tasks and objectives‚ however this power does not make a person a leader. This assigned authority only means that this person is “the boss.” Leadership differs in that it makes the followers want to achieve goals rather than bossing people around (Rowe‚
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The relationship between marginal revenue (revenue generated by increasing product sales by 1) and marginal cost (the cost in producing that 1 extra product) is important to a business in terms of profit maximization. A business reaches maximum profit when there is equilibrium between these two numbers. An imbalance on either side will result in a decrease in profit. Profit maximization in terms of total revenue to total cost shows that the maximum profit is achieved when the distance between the
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310.1.2: Organizational Forms Task A SOLE PROPRIETORSHIP: This is the most common form of business as it is owned by one person‚ so there is no distinction between the business and the owner. Liability – Because there is no distinction between the business and the owner‚ all liability falls on the owner/sole proprietor. If the business fails‚ both personal and business worth and assets are at risk as they are the same. Income Taxes – Filing for income taxes are an advantage as the owner
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A. Compliance Status Nightingale Community Hospital is a healthcare leader that believes in providing the best quality care to all of their patients. As part of Nightingale’s mission to put the patient first‚ the hospital must meet National Patient Safety standards established by the hospital in accordance with the Joint Commission. As such‚ Nightingale Hospital participates in the Surgical Infection Prevention Program for the collection of core measures as it pertains to Universal Protocol (UP)
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LIT1 Task 310.1.2-01-06 Part A Sole Proprietorship: A sole proprietorship is owned by only one person. All profits and losses are the responsibility of the owner only. Liability – There is unlimited liability in a sole proprietorship. The owner is solely responsible for any debts that may occur. Income Taxes – The business files taxes as one single unit. Because profits are not shared‚ they are considered personal income to the sole proprietor. Longevity/Continuity – In a sole proprietorship
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JFT2 Task 1 August 2‚ 2015 A1: One Theory of Motivation for Bill Bailey William “Bill” Bailey is chairman of the board for the opera. Bailey is in a position of power to influence others (mainly the Board of Directors) to either support or oppose the merger. While there are multiple theories that could be used‚ I believe that the best is Vroom’s Expectancy theory. This theory “holds that people are motivated to behave in ways that produce desired combinations of expected outcomes.” (Kinicki
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http://www.dnaindia.com/analysis/standpoint-gender-stereotyping-in-indian-recruitment-advertising-1994209 Rationale: For my written task 1 I have decided to write an opinion column based on the topic “Gender Inequality” to the public and the readers with the writing style of the author. I chose to write an opinion column from an article which talks about how woman are showed unimportant compared to men in advertisements. I chose to write on this topic because I feel that gender inequality is a major
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Background Much like the runways of Paris with its changing fashion trends‚ the world of education follows trends as well. Educators cringe when they hear “No Child Left Behind” some ten years beyond its advent. Now‚ the phrases “Common Core” and “Student Learning Objectives” have teachers seeing red. However‚ despite the latest and greatest trends to boost student achievement‚ the very same students in the United States continue to underperform on a global scale in Mathematics. In 2012‚ the
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Title: The Mean Blues and the Mean Reds Written Task 1: Literature‚ part 4 English A Language and Literature: Higher Level Rationale: 300 Word count: 800 Session: May 2014 The American School of Milan Carolina Galbiati Candidate Number: 000261- 018 Rationale The Mean Blues and the Mean Reds is a short story I wrote‚ based on the collection of short stories written by Nadine Gordimer within her collection called “Jump”. I chose to write a short story as my passion has always been
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