losses when buyers do not purchase the product they sell at prices high enough to cover the costs of production. labor human resource that is used to produce goods and provide services productivity the amount of output that comes from a unit of input references people that comment on a person’s character
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Unit 2 - M3 As mentioned briefly in the previous assignment there’s covert discrimination this is discrimination which is concealed and can go unnoticed this can pose as a problem. I will talk about 3 reasons why promoting anti-discriminatory practice may be difficult. Culture and Beliefs Different cultures and beliefs can have an effect on implementing anti-discriminatory practice. One example of this preventing anti-discriminatory practice is though in a culture saying ’please’ and ’thank
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Overview of time period Reasons things are changing Expanding Population Causes many babies born lots of immigrants more diverse culture market expansion Numbers 1700: 250‚000 1775-1800: 2-5‚000‚000 see settlement expansion before‚ all settlements 50 miles from coast 95% of world’s population never went past 25 miles of their birthplace by revolution‚ settlements west of appalachian mountains 95% of world’s population never went past 25 miles of their birthplace land becomes scarce
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Question 2: Evaluate own roles and responsibilities in the lifelong learning sector. Review your roles and responsibilities in identifying and meeting the needs of learners. (Unit M/503/1232: LO1 – 1.3 & 1.4) a) Roles: _____ b) Responsibilities: _____ c) Identifying and meeting learners’ needs: _____ Answers: As an account lecturer perspective. (A). Roles and responsibilities: An effective teacher understands that teaching involves wearing multiple hats to ensure that the school day runs
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Evolution of Management After watching the video “Evolution of Management” one will know that there are four major approaches and time periods. The first one starts in the late 1800’s which is known has the classical approach. Next‚ it is the behavioral approach which started in the early 1900’s. Then in the 1930’s and 1940’s we moved into the systems approach. Now we are currently in the contingency approach‚ which first started in the 1960’s. In this paper we will discuss each approach
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Unit 2 M2 In this task I will be writing a letter for a recruitment agent who doesn’t understand about the importance of having skilled staff and I will be also explaining the importance of employability and personal skills in the recruitment and relation of staff in a selected organization. Dear sir/Madam‚ The meaning of employability is a person who is qualified and ready to work. To be employable you require a certain set of skills and knowledge depending on what type of job you’re
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responsibilities that must be followed in order to safeguard the welfare of children and young people. POLICE work closely with children’s social care to protect children from harm. All forces have A special unit that specialises in this particular field this is called the child abuse investigation unit (caiu). Their roles and responsibities include: Deciding if a crime has been committed and if so beginning a criminal investigation. The gathering of as much evidence as possible from social services
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Unit 2: Business Resources Amy Doherty D3: Benefits & Drawbacks of Variances Variances can be defined as “A measurement of the spread between numbers in a data set. The variance measures how far each number in the set is from the mean.”1 A variance can be adverse or favourable. An adverse variance is when the actual financial figures for a business are worse than forecasted and a favourable variance is when the actual figures are better than budgeted. A budget is an documented
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and loss account: The purpose of the profit and loss account is to: Show whether a business has made a PROFIT or LOSS over a financial year. Describe how the profit or loss arose – e.g. categorising costs between "cost of sales" and operating costs 2. Explain why it is important for a business to prepare a Profit and loss account: Business keeps various types of financial record to monitor its performance and ensure that taxes are paid. These include profit and loss accounts. A trading‚ profit and
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Communication in a business environment (Unit 304) Outcome 1: Understand the purpose of planning communication 1.1 The purpose of communication is to allow exchange of information‚ ideas‚ emotions‚ thoughts and opinions. Communication is a huge part of life. There are many different benefits of knowing the purpose of communication; the most significant benefit to me personally is to know how to respond to something‚ to whether the communication was in order to start a debate‚ send a message to
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