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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Recruitment P1 Describe the recruitment documentation used in a selected organisation A job description is a list of the general tasks‚ or functions‚ and responsibilities of a position. Lists of working conditions that come with a job for example‚ pay hours or duties. Typically‚ it also includes to whom the position reports‚ specifications such as the skills needed by the person in the job‚ salary range for the position A job advertisement is an announcement that informs people that there
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P1- Present the initial business idea using relevant criteria Chosen business type: My chosen business is opening my own clothing label called “Gold” in which I will sell the latest trend in both men and woman fashion. The slogan I decided to create is ‘A style for every day’. My business type will be a sole trader as I will be running my business as an individual. My business will be an online business as it is cheaper to maintain rather than a retailer. This is my logo. My business aims
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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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UNIT 1: Roles‚ responsibilities & relationships in lifelong learning 1.1 Explain your role and responsibilities as a teacher in lifelong learning. It is vitally important for me as a teacher to keep up to date with legislation and any changes made to legislation. I will start with explaining what the difference is between a legislative requirement and a code of practice. A legislative requirement is a duty to act according to the law as defined in an Act of Parliament and is usually enforceable
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Activity 1: What Success Means to You A. Success= Happiness‚ achievements‚ accomplishments‚ hardworking‚ education‚ focus‚ stability‚ patients‚ and determination. B. What do these words or phrases tell you about your vision of success? My vision of success is very positive‚ and I see the brighter picture of success as well as the some of the more difficult parts of it. C. Now put your definition of success down in writing. Working hard to accomplish a dream or goal that will result in contentment
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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). Four main points that must be included in a contract of employment are: 1. Job title and job description 2. Main place of work 3. Holiday and sick pay entitlements 4. Hours of work and salary 2a) List three key points of legislation that affect employers in a business environment. Three
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Organisational structures Organisational structures Fig. 1: Large organisations tend to follow this type of structure An organisational structure consists of the levels of management and division of responsibilities within an organisation. Organisational structures show all the roles and types of jobs within an organisation. A complete organisational structure will show each type of position and how many of these there are at present. When smaller organisations look at their organisational
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Leila R Brown November 9‚ 2014 MT450: Marketing Management Professor Lisa Gallagher Unit 8 Learning Activity. Social Networking on the internet and social media has changed the way that the world does business and operates. You can no longer stick to the traditional ways of reaching customers such as newspaper ads or flyers sent through the mail. Although these forms are still used and I’m sure they are quite successful‚ nothing beats word of mouth and nothing beats word of mouth shared through
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Unit 1: Diversity of Life 1 Introduction Living things are classified using a variety of characteristics including morphology‚ behavior‚ and molecular similarities. The classification system is based on evolutionary relationships so with each addition of new information the classification of specific organisms may change. This is particularly true of the bacteria‚ protist‚ and fungi kingdoms. Understanding these groups is essential due to their diversity and importance to life on Earth. _____
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