Unit 7 P1 Direct costs A cost that can be directly related to producing specific goods or performing a specific service. For example‚ the wages of an employee engaged in producing a product can be attributed directly to the cost of manufacturing that product. Variable costs Variable costs means the cost of production (cost of labour‚ material or overhead) that change according to the change in the volume of production units. Combined with fixed costs‚ variable costs make up the total cost of
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P11- Explain Human Factors reporting procedures When a major incident occurs in the aviation industry this has to be reported to the right person‚ authority‚ organisation and health and safety procedures must be followed. If there was a serious air crash this would be reported to the AAIB‚ CAA and the HSE. All of these organisations would document all factors of their investigation and put in place key factors and procedures to follow to ensure that it doesn’t happen again. All accidents and incidents
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The range of complementary therapies -Describe and explain a range on complementary therapies The term complementary medicine is used by conventional medical practitioners to refer to nom-invasive‚ non-pharmaceutical techniques which are used in conjunction with allopathic medical treatments such as drugs and surgery. The term implies that sometimes conventional medicine is used as a primary tool and also a non-invasive‚ non-pharmaceutical complementary technique is used as a supplement when needed
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Recruitment and Selection in Business In this assignment I will be demonstrating the way in which two businesses plan their recruitment and selection process. The two businesses I have chosen to speculate are Toys ‘R’ Us and in contrast I have chosen Hublot. I have chosen to write about these two contrasting businesses because they can show two different approaches to the recruitment and selection process. Recruitment Planning: The first stage of recruitment that you may be aware of it as an applicant
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Intellectual development in childhood‚ is one of the most important types of development in this life stage. This is where children learn many new things such as reading‚ writing and counting. At the age of 4‚ George would have started school. In the early school years‚ George would be extremely curious and he would have been likely to ask a lot of questions about his environment. He would have also had a better sense of time. His attention span would had increased from 5 to 15 minutes. He would
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McDonalds Marketing techniques: Ansoff matrix – growth strategy. Description: a) Product development Product development is an Ansoff matrix technique when a business will‚ change certain characteristics of an existing product to meet customer’s needs; they may call the changed product “new and improved” or may give it a new title all together. McDonalds has done this in the past in 2007 when they tried to develop a new burger called the “Big ocean burger” this was used to replace another
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Job Description A job description is a list that a person might use for general tasks‚ functions and responsibilities of a position. It may often include to whom the position reports to‚ specifications such as: Job Title - To make sure applicant knows what job he/she is applying for Location - To inform the applicant of where the job requires him/her to be Description of the organisations business - To show what the applicant will be working with if employed Purpose of job – To show what field of
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P1: Explain all 6 psychology perspectives. M1: Choose 2 perspectives and extend your explanations to access them. i.e. look at all the factors in detail and assess how useful they are to study human behaviour. In this essay I will be talking about the 6 perspectives which are; social learning theory‚ behaviourism theory‚ biological theory‚ psychodynamic theory‚ cognitive theory and humanism. I will be talking about the theorists involved with psychology and the tests they done to prove their theories
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Help Sheet - Unit 36 P1 & P2 P1 - Present a brief overview of your initial business idea to the group. You must address the following: What is the name of the business‚ its logo and slogan? What type of business is it? Where will it be located? What are your unique selling points? What sort of person would be a customer? You need to produce a Powerpoint with 5 slides to act as a background to your presentation. a. The first slide should state the business name‚ logo‚ slogan and perhaps one
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Maximilian van Gaalen 1IBS3 S. Demmer Unit 9 Part 1: Promotional Mix The two organisations i’ve chosen are Apple and KLM. Every branche in the business uses promotion. Why? Because promotion is the way to get your products known by the segment the company is aiming for. The promotional mix (A business’s total marketing communications programme) has different elements‚ such as: Advertising‚ Companies use advertising as part
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