Chapter 1 - People in Business Stakeholders Entrepreneur - a person who spots an opportunity and takes the initiative to set up a business to make a profit. Entrepreneur takes a big risk when setting up a business‚ both financial and personal risks. eg; Bill Gates set up Microsoft. Investor - is a person who provides capital to the entrepreneur that she needs to set up and run a business‚ in exchange for return on investment. Dept capital - money returned with interest or Equity finance - return
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Describe the different stakeholders who influence the purpose of two contrasting businesses A stakeholder is an individual or group with an interest in the success of a business in delivering intended results and sustaining the capability of the company’s products and services. Well basically stakeholders are groups of people with an interest/concern about the progress of a business. There are internal and external stakeholders in every business. An internal stakeholder is someone linked internally
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Application of Risk Management Techniques Treats that this company is vulnerable to are but not limited to tornado‚ malware‚ equipment failure‚ stolen data‚ DoS attacks & social engineer. The like likelihood of each is moderate to high. Headquarter is located right in tornado alley. Since this building house all three serves‚ a direct hit would result in a total loss. Since the users connect to the LAN with Windows Vista which is very outdate the risk of malware is also high. Along with having all
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Unit 1Promote communication in Health‚ Social Care or Childrens and Young Peoples Settings Identify the different reasons people communicate To express needs; to share ideas and information; to reassure; to express feelings; to build relationships; socialise; to ask questions; to share experiences. People communicate in order to establish and maintain relationships with others‚ to give and receive information and instructions‚ to understand and be understood‚ to share opinions‚ knowledge‚ feelings
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Sarah Bowker Respite North West Ltd Unit 1 Use and develop systems that promote communication In my role as team leader I communicate with many people on a daily basis. I communicate with the people we support‚ (who have learning disabilities)‚ the staff team‚ the families of the people we support and other professionals that have any involvement with the health care or support of the individuals in our care. The way I communicate depends on who I am communicating with. When communicating I
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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
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UNIT 5 ASSIGNMENT 1 EIGRP versus OSPF Jason Houlden Table of a side by side comparison: EIGRP OSPF EIGRP forms adjacencies and exchanges routing updates with neighbors OSPF forms adjacencies with DR/BDROSPF can be more efficient than EIGRP for large meshed networks EIGRP uses metric based on bandwidth and delay OSPF uses interface cost (inversely proportional to bandwidth)EIGRP may provide more flexibility in selecting best path EIGRP by default limits usage to at most 50% of link bandwidth in worst
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Business Scenario As discussed there are three different types of businesses‚ sole proprietor‚ partnership and corporations. With these businesses come many advantages and disadvantages that one will have to determine will best suit their own lifestyle. Starting a business is something very serious to plan and make sure you have the necessary financial backing to keep it running‚ and have the legal knowledge to keep yourself and organization covered. Lastly‚ if you have the knowledge and product
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Assignment brief – BTEC QCF Assignment front sheet Qualification Unit number and title BTEC Level 3 Business Unit 19 : Developing Teams in Business Learner name Assessor name Date issued Hand in deadline Submitted on Week comm Week comm Assignment title Types of Teams - 1 In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found. Criteria reference To achieve the criteria the evidence
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Unit two: Principles of providing administrative services Section 1 – Understand how to make and receive telephone calls 1. Complete the table below with descriptions of at least two different features of a telephone system and how / when they would be used. |Feature |How / when used | |Transfer of calls. |This feature allows
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