Unit 3 M1- explain the importance of cost‚ revenue and profit for a business organisation 1. Cost Profit is the different between the selling price and the production cost. Product cost include not only the cost of manufacturing a product but also all the other costs incurred in the process of producing or delivering a product or service. 2. Revenue The revenue of a business is‚ the income from its operations. It is important for the business to make the gap between costs and revenue
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conservative point of view There seems to be an increase in poverty in the United States and there are so many theories behind why this might be a problem. It seems as if Society as a whole wants to blame this social "condition" on Society itself. I believe that the problem of poverty lies within the actual individuals that are experiencing poverty. There are a few reasons why people experience poverty. They are as follows: One‚ the liberal welfare programs that were started in the 1960’s‚ two‚ individuals
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[This essay was created using research of the factory owner Richard Arkwright and is written in my opinion of his point of view. This was not actually written by Arkwright.] I‚ Richard Arkwright‚ believe that child labor is not only an acceptable practice to allow‚ but also a necessary one. In many cities there are not enough local people to supply a factory owner‚ such as myself‚ with the workers needed to meet demand‚ and therefore the employment of child labor is needed. I myself come from
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solution. Note: On this portion‚ you must establish your comprehension and what we have discussed about DBMS. PROJECT CONTEXT (2 spaces) This section discusses the company background. Institute the company mission and vision with study objective. It also includes the setting of the identified research problem. The presentation should be directed into what the problem is investigating. It can include studies and literature‚ which can strengthen the reason for the investigation. The flow
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Level 3 Unit Number 1 Unit Credit 10 Assignment Title Business Types and their Stakeholders Part Unit P1‚ P2‚ M1 and D1 Whole Unit No Learner Name Signature Assessor Scott Haragan; Des Corliss; Barbara Mercer Signature Start Date 17/11/14 Submission Date 10/12/14 Feedback Date 09/01/15 Vocational Context It is important to understand the business environment‚ most notably the wide range of business organisations in the private and public sectors. It is also important to appreciate the differences
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internal and external stakeholders This website shows the differnent stakeholders and how they influnece businesses. the main two businesses i am going to be investigating are McDonalds and cadbury. what are stakeholders? Stakeholders are people who own a share in the business‚ they have to buy the shares from the stock exchange or they have an influence or interest in the business. an example of a stakeholder of a school would be a govnor. they dont own a share but they influence the decissions
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HML 1001: Leadership of change S. McGowan. June 2008 Leadership in the 21st Century: Contrasting Views of Leadership and their Utility for My Practice Introduction In this paper I will examine two modern views of leadership. The leadership models I have decided to review are Servant-Leadership and Discretionary Leadership and my aim is to describe them‚ explore some of their similarities and differences and consider their usefulness for my own practice. Servant-Leadership Robert
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seven; Voltaire’s father‚ a high-profile lawyer sent him to the infamous Paris boarding school Louis-le-grand. The school was run by Jesuit priests that lent him a background in early Greek and Latin‚ while also providing him with wit in several different disciplines. In 1717‚ Arouet was arrested for his bold political writing‚ which included verses that damned the regime of Phillippe II. Arouet was sent to the Bastille‚ the notorious prison for which political prisoners were imprisoned without
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entertains a variety of notions. Views such as the Libertarians’ believe that self-reliance and responsibility are of great importance when referring to government issues. For example‚ the government’s role is not that of a “Nanny” state in reference to Universal Health Care. Are we to look to our government for complete and unearned help? Does the government have the right to dictate to us when‚ where‚ how and how much we are to have‚ do and enjoy? The Libertarians’ views on this are very simple. Let’s
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hindered by the obscurity of his condition.” Other skeptical Greeks though were adamant at pointing out the disadvantages of the democratic government. They did not like the fact that democracy allowed the commoner to have the same amount of influence as respectable citizens. In their eyes‚ “The masses display extreme ignorance‚ indiscipline‚
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