for both parties‚ for the user and creator. If someone has a piece of software tailor made for their business then they would not want other businesses to have the same software they have just paid a lot of money for. Part of the user acceptance process is making sure that the software meets the customer’s needs‚ this could involve the software being configured in the right way for the business. Examples of configuration are: · Setting the software defaults (the layouts‚ Author initials ect
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service from a business‚ this mean that they can work together by the employees providing a good service to the business that the customer can take the good service from the business. The common interest that the two stakeholder have on the business is that they both deal with service like the customer buy the service from the business and the employees provide service for the business and also the oppose interest that the two stakeholder have is that the employees work for the business and the customer
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The world ’s business and trade has become faster‚ easier and more reliable. The ability to connect with people around the world has allowed long distance transactions to occur. Business relationships that may not have been possible 50 years ago because there was not a means to communicate effectively are more readily maintained in today ’s world. The difference between today and 50 years ago is that much of the learning is being taken over by machines. “People used to be valued for knowing a
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purposes of two different business organisations M2 Compare areas of growth or decline in the primary‚ secondary and tertiary classifications of business activities. For M1 and M2 you have been asked to complete the tables below to be used in an information leaflet about businesses. M1: What is their ownership type and purpose? Why are franchises and charities the same or different? Business number one: KFC What type of ownership does this business have? Explain this type of
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rotas and time flexibility approaches. A second example is its high proportion of part time workers‚ also flexible in terms of time and is beneficial to the business itself when needing a certain amount of workers they only pay those needed for that particular shift; no wage costs are then wasted. 2. Analyse 2 possible benefits for a business such as First Direct of creating a more flexible workforce. 8. First Direct is one of the UK’s leading commercial banks. By creating a more flexible workforce
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But hadn’t yet bought a single store and were running out of money. They had to do something soon: start or buy a store‚ or abandon their dryc\eaning pursuit altogether‚ Background Chris and VaJ were classmates in the MBA program at Harvard Business School. Val had spent four years as an investment banker in New York. and Chris had sold capital equipment in Cincinnati for his family’s company. The two friends described how they came to be interested in the drycleaning industry. We were determined
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SUBSIDIARY DIPLOMA BUSINESS UNIT 5: Business Accounting 10 Credits Name..................................... Accounting Ratios Unit 5 BTEC SUBSIDIARY DIPLOMA IN BUSINESS Objectives for today Describe what accounting ratios are Explain who uses them and why List and explain the key accounting ratios You will need: A calculator a copy of Surridge Meats Balance Sheet A copy of Days Paints P&L Sheet 1 Accounting Ratios: What are they? A method of interpreting the information
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probation. Your performance and suitability will be reviewed and the business reserves the right to extend your probation if necessary. 5. Notice period after probation: Eg One week for each full year of employment‚ with a minimum of one month and maximum of 12 weeks (the statutory minimum). The business reserves the right to pay salary in lieu of notice. Nothing in these terms and conditions of employment shall prevent the business from terminating your employment without notice or salary in lieu
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the globe and is not known worldwide‚ an example of a global business would be McDonalds or Coca Cola. Oxfam is a voluntary sector business; private businesses are businesses that are owned by private citizens set out to make a profit; public sector business is a business that has been set up by or taken over by the government‚ their objectives are to provide for society as well as making a profit; voluntary sector business is a business that is supervised by trustees and their goal is to provide
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Polytechnic University of the Philippines College of Business Sta. Mesa‚ Manila Environmental Management: Types of Environment Submmitted by: Espiritu‚ Jeric Aris R. Frayco‚ Sarah Glenn C. Galido‚ Jeasel Rhea R. Hornachos‚ Jio Benson C. Inovero‚ Sarah Jareno‚ Aileen BSBA-HRDM IV-5d VII. Types of Environment a. Factors of Specific Environment Customers Competitors Suppliers Pressure Groups b. Factors of General Environment Economic Conditions Political/Legal Conditions
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