Unit 5 Introduction to Accounting D1 Recommend and justify actions a business might take when experiencing cash flow problems. When experiencing cash flow problems there are a few recommendations to make‚ these problems include: • Being overdrawn on consecutive months. • Having too much money • Difficulty in predicting costs When being overdrawn on consecutive months you should look to cut back on immediate expenses such as insurance‚ suppliers‚ rent and employees. You could
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BTEC Level 3 in Business – Unit 4: Business Communication Context Businesses need accurate information. This information has to move between different individuals‚ different departments and different organisations. The information can be anything from a simple idea to masses of data on business performance. It can come from inside an organisation or from almost anywhere outside. Put simply‚ a business that does not plan how to deal with this information is a business much more likely to fail.
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but it can also be electronic using a word processor on a computer‚ but it can also be hand written but it has to always be sent by post or non electronically. -When a business sends a letter the letter can be kept as evidence if needed unless the recipient throws it out. -When a business sends a letter it can make the business seem more professional that and e-mail might not. -A letter can be sent anywhere in the world and to anyone that needs to read it. -It can contain detailed information
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Unit one: Principles of personal responsibilities and working in a business environment Please note that this Assessment document has 8 pages and is made up of 7 Sections. Section 1 – Know the employment rights and responsibilities of the employee and employer 1. Identify four main points that would be included in a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). a. Employers Name b. Employment
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OCR LEVEL 3 CAMBRIDGE TECHNICAL CERTIFICATE/DIPLOMA IN BUSINESS Unit 2 - BUSINESS RESOURCES P1 - describe the recruitment documentation used in a selected organisation P2 - describe the main employability and personal and communication skills required when applying for a specific job role M1 - analyse the recruitment documentation of a selected organisation Scenario You are to produce a guide for applicants on the recruitment documentation used within a selected organisation (Duffryn High School)
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Unit 1: Exploring Business Activity M1 (Assignment 1) Oxfam Stakeholders Aim of organization Influence Point of view Owners To work with others to overcome poverty and suffering. The owners have a large influence on this aim. In their view‚ if they get all their staff to achieve this aim then they are giving a good name for Oxfam and will receive further donations and funding. Shareholders To work with others to overcome poverty and suffering. Their influence is not a lot on this
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Unit one: Principles of personal responsibilities and working in a business environment Assessment You should use this file to complete your Assessment. • The first thing you need to do is save a copy of this document‚ either onto your computer or a disk • Then work through your Assessment‚ remembering to save your work regularly • When you’ve finished‚ print out a copy to keep for reference • Then‚ go to www.vision2learn.com and send your completed Assessment to your tutor via your My
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Strategic planning determines where an organization is going over the next year or more‚ how it’s going to get there and how it’ll know if it got there or not. The focus of a strategic plan is usually on the entire organization‚ while the focus of a business plan is usually on a particular product‚ service or program. There are a variety of perspectives‚ models and approaches used in strategic planning. The way that a strategic plan is developed depends on the nature of the organization’s leadership
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unit 1 review question: 1. what are the qualities associated with HR that help an organizzation gain a sustainable competitive advantage? sustainability of the resources‚ of the labor force. HR is also associated to the issues of strategic management. 2. distinguish between training and development employees Training is a planned effort to help employees to learn about skills and behavior that are related to their job while development is the knowledge and skills acquired by employees that
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1. Risk management is responding to a negative event when it occurs. A. True B. False 2. With respect to IT security‚ a risk can result in either a positive or a negative effect. A. True B. False 3. According to PMI‚ which term describes the list of identied risks? A. Risk checklist B. Risk register C. Risk methodology D. Mitigation list 4. Which type of risk analysis uses formulas and numerical values to indicate risk severity? A. Objective risk analysis B. Qualitative
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