Chapter 1 - People in Business Stakeholders Entrepreneur - a person who spots an opportunity and takes the initiative to set up a business to make a profit. Entrepreneur takes a big risk when setting up a business‚ both financial and personal risks. eg; Bill Gates set up Microsoft. Investor - is a person who provides capital to the entrepreneur that she needs to set up and run a business‚ in exchange for return on investment. Dept capital - money returned with interest or Equity finance - return
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P7 Illustrate the financial state of a given business using ratios I have been asked to illustrate the financial state of a given business using ratios‚ to do this I will use accounting ratios to show the financial state of Porcella. One of the ways a business can measure how it is doing is through ratio analysis. Ratios can help Porcella to see how it is doing now and how it compares to last year or the year before and against competitors. For these ratios to be useful‚ they should be compared
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They will analyse the components and the hardware itself then come up with possible solutions. Analysing the situation in which you believe it could be improved. Improvements which could make the business better. Suggested solutions from colleagues and technicians could be taken into action. In a business the systems would eventually go wrong‚ something would happen to it either internally or externally. A phone call would be made to a well-known technician. The technician would make ways and examine
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Business Model and Strategic Plan BUS/475 July 21‚ 2014 Table of Contents Page Title Page i Table of Contents ii Executive Summary…………………………………………………………………... 3 Business Model and Strategic Plan Part I…………………………………………….. 5 Existing Business or New Business Division Vision‚ Mission Value Proposition Business Model and Strategic Plan Part II……………………………………………. 8 SWOTT Analysis Internal and External Environmental Analysis Supply and Value Chain Analysis Business
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1. Analyzing the Business Decision or Problem: Cluster has been known to offer many benefits to its incumbents such as improving their reputation as well as being able to utilize the large and highly skilled pool of labor and customers. Geographical clustering especially is a major characteristic of industrial development and innovation (Krugman‚ 1991). Research Objective: Analyze the decision that Dr Kuah‚ CEO of Royal Bank of Scotland need to consider on relocating the headquarters from
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Section 1 – Understand how to support the organisation of a business event 1. When organising a business event‚ describe the range of support activities that may be required. The very first task before any business event is making a good plan which should include very clear event objectives and expectations. The plan should also include pre-event activities and tasks as well as such details like who is going to take care of these tasks. Depending on the size of the event‚ striking
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means the business could be really big or small could be voluntary‚ private‚ public‚ national or global business but it still have to have a structure for it to run smoothly. By forming a business structure this allows the workers who to take instructions from and who is in control of them and People need to also know who they can turn to for support or discuss any concerns or issues bothering them. The type of structure that that most business use is a Hierarchal structure. A business could choose
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P7: Outline electronic and non-electronic methods for communicating business information‚ using examples for different types of audience. The first type of information that I am focusing on is written information that is on screen‚ the form of the communication is a PowerPoint presentation which is used electronically to present information to members of staff. In Sainsbury’s they hold meetings regularly and my example of a time is when they had a new product that was coming into their store
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a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). Four main points that would be included in a contract of employment: Employer’s name: The name of the business you will be working for. (The restaurant group - Chiquito) Main place of work: This is usually the employer’s address or it can be the address of where the employee has to work from. (20-21 Leicester Square WC2H 7LE) Working hours: This part contains
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Instructor: Zeno Gavales | Gracie Sandoval 2/24/2013 | To any company whether small or a large corporation‚ the financial analysis is very important in order for a successful business. This will determine if the company is healthy enough to invest or even to see where you are weak in the financial part of the business. It is the company’s responsibility to present accurate analysis of their financial reports. What I hope to present to you is information that you will help see the comparison
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