P1 Why is it important to keep accurate financial records? Financial records tell you how much income your business is generating and how it’s being spent on things like overheads and products etc. You can then create a profit and loss balance sheet‚ this is important so that your financial advisor can then tell you what is going good or what is going bad and from that he can direct you on what to do. If a business doesn’t keep it right with the bill then they cou8ld end up in trouble with the
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Green marketing has been an important academic research topic since it came about (Coddington‚ 1993; Fuller‚ 1999; Ottman‚ 1994). Attention was drawn to the subject in the late 1970’s when the American Marketing Association organized the first ever workshop on ‘Ecological Marketing’ in 1975 which resulted in the first book on the subject‚ entitled‚ ‘Ecological Marketing’ by Henion and Kinnear in 1976. The first definition of ‘green marketing’ was according to Henion (1976); “the implementation
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Explain different types of business information‚ their sources and purposes Introduction Having just started as a trainee at the Corporate Communications Department of Emirates Group‚ my line manager has tasked me with preparing this set of introductory training materials‚ on business information in general‚ for new members of staff in the department‚ to increase my knowledge and enhance communication skills. Different types of business information‚ their source and purpose will be discussed
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A critical appraisal of stakeholder analysis: Defining the stakeholder: The development sector is awash with participatory methodology‚ in part as a result of and a continued commitment to the Paris Declaration‚ but equally as a means to lend credence and legitimacy to development activities and interventions. One such methodology is the stakeholder analysis which is‚ agreeably‚ rather a nice tool and very much in keeping with current development themes of local empowerment and participation.
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power against stakeholders e.g. customers‚ employees‚ suppliers‚ public‚ communities”. Do you agree or disagree? Explain what you answer is and why have you reached that conclusion. You are to include a clear rational argument for your case that has strong examples to support your thinking. Unlike shareholders who are solely interested in return dividends and share price growth‚ stakeholders have wide variety of interests in how companies operate. Freeman (1984) stated that stakeholders are‚ “any
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Properties and Diversities of Destinations In order to indicate differences between these two destinations‚ Meditterian and Black Sea‚ I would like to mention about properties of these destinations firstly. There are sea‚ sand and sun at the one side and there are mountains‚ forests and plateau life at the other side. Here are two regions which are contributing to development of Turkish Tourism. Regarding to geographical structure‚ Turkey has opportunities to having summer and winter tourism together
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Indicate a person who has had a significant influence on you‚ and describe that influence. People have many influences to why they are who they are. One influence that has made me who i am today is my mom. She encourages me to things that I want to do‚ she also influences me on whats right and whats wrong. She restricts me to be well rounded person. My mom encourages me to do things I’ve always wanted to do. Some things that I’ve wanted to do‚ sometimes insists towards bad things‚ but my mom doesn’t
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point determines when investment causes the positive return. Point where sales or the identical income costs. Or also point where costs total equal the production for total revenues. There is no profit done or the loss. It is important for everybody who is running a business‚ from now on the break-even point is a lower limit of the profit when prices are set and margins are determined. The advantages and disadvantages of using break-even analysis. The break-even analysis enables the business organization
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Name: Phillip Liburd Membership number: P04323553 Unit: Meeting Stakeholder and Quality Needs Company: Allen Gears Centre: Black-Elk Business Alignment Limited Description: My current role at Allen Gears is as a Sales Engineer. I do not hold a managerial role but I am making progress to achieve a qualification that will allow me to manage in the near future. Reflective Statement In this module I have had to think about how this company functions in a lot more detail than
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| | | | | |Inflation also does long-term damage to the economy. When money doesn’t hold its value‚ businesses and | | |investors have more difficulty making contracts‚ especially where contracts have to last over time‚ eg | | |employment contracts and
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