which helps to make good and since the economics regard entrepreneur’s as a specialist form a labour input. Others believe that they deserve recognition as a separate factor of production in their own rights. With entrepreneurs they play an important role in the society. They make a major contribution to economic activity. Imagine how many jobs are created by the thousands of new businesses that are set up every year and by the small businesses that prosper and take on more staff. The Thorpe Park
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Identify and describe the factors that plays a role in the role of formation of self-concepts. Self-concepts has influenced people’s lives of all racial backgrounds for thousands of years. Self-concepts plays a huge role in life and how we view many different things in ourselves. The concept of self-concepts has been heavily impacted by social and economically. Appearance‚ income and education are the main factors that plays a huge role in the formation of self-concept. Those three developments has
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P3: Describe how two businesses are organised Tesco Purpose the first business that I have chosen is Tesco PLC. Tesco’s purpose is to serve its customers. The primary function of any business is to make money and invest; if it doesn’t do that‚ it can’t exist. Tesco is a major retailer in grocery and general retailing. As Tesco is a profit-based business‚ it maximises their sales and profit‚ expanding to maintain its competitiveness in addition to outshining competitor. It also focuses on
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Legal Factors A legal factor is when you can be prosecuted. Statutory law: If you break the statutory law it is a crime. * A law passed by parliament. A new government can bring in new laws – this means that if there is a new government they have the rights to allow a law to pass or can turn down it‚ but it has to be decided through the parliament. * This involves the police‚ if the rule is broken – this is saying that if you break the legislation the police have the right to enter
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Your CPD You can provide evidence of your CPD by completing the following questions. Part 1 Reflecting back Q1 What do you consider were the three most important things (planned or unplanned) that you learned last year? Please also briefly describe how they were learned? 1 I learnt that I need a good set of qualifications to take me through life and achieve what I would like In life and without them that I would not be able to get the jobs that I would like. 2 I learnt that I definitely
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P6: Describe how political‚ legal and social factors are impacting upon the business activities of the selected organisations and their stakeholders M3: Analyse how political‚ legal and social factors have impacted on the two contrasting organisations Political Factors Political Stability Political stability is crucial for Waitrose for many reasons. One of the reasons for this is because if the Government is stable it means there is a greater certainty and assurance within the business therefore
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AUSTRALIA: RUNNING LLOYDS BANK IN AUSTRALIA: Political factors: Australia is a democracy which is the following: The Constitution‚ the Federation‚ and the judicature. The Australian nation‚ (which is also known as the Commonwealth of Australia)‚ started in 1901 when the six former colonies owned by the British agreed to join together (Federate.). This is now Australia’s six states. Since Queen Elizabeth II is the Queen of Australia‚ Lloyd’s bank wouldn’t have a problem to run in Australia. All
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The political factors associated with ASOS are based around VAT‚ tax policies and government stability. Firstly‚ the VAT can increase depending on the political party in power at the time‚ this means that the price of clothing for ASOS would need to be higher. To keep the clothing prices reasonable‚ ASOS would have to take into consideration the VAT and make sure that the customers stay happy so that the business can continue to thrive. In addition to this‚ the government has recently made plans
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1 Developing effective communication in health and social care LO1 Understand effective communication and interpersonal interaction in health and social care contexts of communication forms of communication interpersonal interaction communication and language needs and preferences LO2 Understand factors that influence communication and interpersonal interaction in health and social care environments theories of communication environmental factors affecting communication barriers to communication
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P2 – Outline how legislation‚ policies and procedures relating to health‚ safety and security influence health and social care settings 1. Outline key points of at least 3 policies and procedures by summarising the main points and recording them on the chart The Food Safety 1990 Policy Procedure The first policy is that all employees and volunteers who handle food must maintain a high standard of personal hygiene at all times. This is important so that people’s health is never at
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