P1 Describe the structure and organisation of the retail sector M1 Compare the function of formats and locations in retailing 1. Retailing Defined “The sale of goods to ultimate consumers‚ usually in small quantities” Source: www.dictionary.reference.com “The activities involved in the selling of goods to ultimate consumers for personal or household consumption” Source: www.merriam-webster.com Retailing is the selling of goods directly to the consumers; this can be achieved in many locations
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1.1 Identify the purpose of different type of organization In the business world‚ there are several types of organizations. They are: (1) Sole proprietorship (2) Partnerships (3) Corporations (4) Franchising organization (5) Non-profit organizations I will talk about MC Donald’s to illustrate its type of business organization. Franchising is the practice of the right to use a firm’s successful business model and brand for a prescribed period of time. (http://en.wikipedia.org/wiki/Franchising)
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P1: Explain the impact of different types of threat to an organisation I would like to start off by saying that there are various threats when discussing about computer security the word threat would mean something that can indicate a danger when in relation to computer security. In this task I will be showing the Malicious damage‚ counterfeit goods‚ (software/hardware) human errors‚ phishing and hacking‚ theft of equipment‚ threats related to e – commerce and technical failure. Malicious Damage:
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Describe the Elements of a Crime. BTEC National Diploma; Level 3‚ Business Studies Unit 24 – P1 By unknown BUSINESS STUDIES BTEC NATIONAL DIPLOMA LEVEL 3 YEAR 2 In this assignment I am going to explain the main elements of law‚ including detailed examples that are true and relevant to the case to illustrate the meaning of this. Actus Reus – The term Actus Reus is Latin and loosely translated it means the wicked act. Adams‚ R v [1957] Devlin J A doctor was charged with "easing
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1 1. The main purpose of financial accounting is to communicate useful financial information to decision-makers both inside and outside of the business organization. True False 2. The Canadian Business Corporations Act mandates that all incorporated companies in Canada follow IFRS. True False 3. Private companies in Canada may choose between IFRS or ASPE. True False 4. Canada has adapted its own pre-existing standards for public companies to IFRS‚ while the U.S has adopted
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Unit 5 – Business Accounting – P1 and P2 Businesses such as Toyota find accounting being a very critical aspect of their business life. Accounting involves recordings of the financial transactions for the business. The importance of accounting is that great that even if a business has one of the best products in the world it could still be faced to fail for simple things such as not enough investment‚ too high costs to produce the products or even simply over spending on new products. Record Transactions
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P1 - Safeguarding Vulnerable Adults There are FOUR outcomes to be achieved in this unit - these are written in blue. You will need to address the specific unit criteria linked to each outcome - these are written in black. You will need to work with assessment planning guidance that I have given to make sure that you are responding to the criteria correctly. This guidance is written in grey. Within this guidance you will find recommendations on the best way to gather your evidence - this is written
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which was the cause of the American Revolution. The Declaration of Independence expressed the ideals of the colonists and their desire to have their own government that would be built on democratic ideals. 3.) The Declaration of Independence describes the purpose of government by using the social contract theory. Which is that people create government in order to secure their rights‚ and that the government only exists because the people have given their consent to certain leaders to rule it. Then it
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The purpose and ownership of 4 local business organisations |4 business organisations and their |Purpose |Profit free‚ not for profit‚ at |Size and scale |Linking the ownership to the size and | |ownership | |costs‚ below costs | |scale of the business organisations | |Cancer
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will continue to shrink as competition increases from other clothes and lifestyle retailers. M&S’s challenge is to regain its growth it was once renowned for. M&S growth strategies through market penetration Market penetration is where an organisation increases its market share of an existing product or service. Store refurbishment. Aware that their brand had become tired‚ in 2011 M&S spent £2bn on store refurbishments to give their customers a better shopping experience. This included providing
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