In this assignment I am going to look at two contrasting organisations‚ one that makes a profit and another that doesn’t make a profit‚ in which case I am looking at Tesco a profit making organisation and Oxfam which is a non-profit making organisation. For these two organisations I am going to describe the type of business activity‚ describe the business purpose of each organisation‚ describe the main differences in type of ownership between the two organisations‚ describe the owners’ liability
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Unit 5 – Business Accounting – P1 and P2 Businesses such as Toyota find accounting being a very critical aspect of their business life. Accounting involves recordings of the financial transactions for the business. The importance of accounting is that great that even if a business has one of the best products in the world it could still be faced to fail for simple things such as not enough investment‚ too high costs to produce the products or even simply over spending on new products. Record Transactions
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Database Database‚ it is a place use to store lots of data. It can be seen as a filing cabinet. And database management system (DBMS) is software that specificity designs for managing the data in database such as create‚ update or delete them. General is including security‚ retrieval and backup features. User also allows using the data to create a report or share data with multi-user. MS Access is a database management system design by Microsoft. It offers user four important objects they are:
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| Type of |Example |Description |Purpose | |information | | | | |Verbal |Telephone‚ Face to face |Telephones are used to conduct live conversations with another |Telephones are used in Lambeth Academy
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P1 Identify the purpose of four different business organisations Name of Business (P1 & P2) | Purpose | Two objectives | Reason for ownership and sector | Size and Number of employees | Scale | Business 1:JD | The purpose is to sell sport related equipment in one place‚ so building a large market. Moreover‚ golfers‚ footballers‚ basketball players etc. can all go to the same shop. However‚ as a business its –purpose- is to make profit‚ and its marketing (is aimed at teenagers and young
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Introduction In this assignment I will be talking about two organisations‚ Apple and Barnado’s. I will be talking about the purpose‚ objective and ownership of both organisations. Apple Inc. – Public Sector Purpose: Apples purpose is to provide their customers with the latest technology and gadgets. Apple creates laptops‚ computers‚ phones and other products. Apple’s business structure is tall as it has the CEO at the top. Aims: Apple want to have a large share in the technology market‚ they
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APPENDIX A - In the table below research examples of: • A local business • A national business • An international Business • A global business Your examples MUST include a business in each of the private‚ public and voluntary sectors. Your examples MUST include a business in each of the primary‚ secondary and tertiary sectors. Your examples MUST include a sole trader‚ a partnership‚ a private and public limited company and a government run department or agency |Name
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In this section of assignment I am going to be discussing influences on effective learning methods and how time‚ specific learning needs‚ relationships‚ responsibilities and environment and access to resources have an effect on the learning environment of an individual. Honey and Mumford and David Kolb Honey and Mumford developed a theory about adults and the way they learned. Kolb is the inspiration for a large numbers of theorists. For example‚ Honey and Mumford’s Learning Styles questionnaire
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Task 2 - The second part of the report should describe the mechanisms that regulate international trade. You will need to include and explanation of the following: Free trade Barriers to Trade (Embargoes‚ Quotas and Tariffs) Economic Blocs (EU‚ European Monetary Union and WTO) For the merit you will need to build on this description and analyse the purpose of these methods that promote and restrict international trade Task 3 – In this final part of the report you must assess the possible impact
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Definition/ Explanation Product development Where a company bases a product to make a different product. For example Mars have made milkshakes based on the Mars bar. Brand extension Where a company uses their brand name on different products to increase the profit margin. For example Hugo Boss could put their logo/name on a watch and customers would still pay more money for their product. Diversification Is where they take a product into a new market. It is a slight risk as the company may not have
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