M2: Analyse the performance of a business using suitable ratios Ratio Dessi-Designs Gross profit margin Dessi-Designs Result : 60% Q1. Definition of Ratio Gross profit margin is the difference between revenue and cost before accounting for certain other costs. Generally‚ it is calculated as the selling price of an item‚ less the cost of goods sold then multiplied by 100. Q2. What result would your aunty and uncle want from this ratio? The result they would want a high percentage because the higher
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UNIT 12 PRINCIPLES OF DIVERSITY‚ EQUALITY AND INCLUSION IN ADULT SOCIAL CARE SETTINGS. 1) Understand the importance of diversity‚ equality and inclusion 1.1) Explain what is meant by :- Diversity- recognises that all though people have thing in common they are also different in many ways. Diversity therefore consists of visible and non-visible factors which include personal characteristics such as backgrounds culture‚ by recognising and understanding our individual differences and
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Unit 21: task 3: P3‚ M2‚ D1 In this assignment I will be choosing and describing a service user for my case study and I’m going to explain how some factors such as medical disorders‚ life style and many more may have influenced their dietary intake. Due to the data protection I will not be using their real name. Service user’s history Aisha Ismail is 35 years old. She is a British African and has been brought up by her grandmother and now she’s living with her husband and 3 children. She
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Unit 12: IT Technical Support Unit code: J/601/7279 QCF Level 3: BTEC National Credit value: 10 Guided learning hours: 60 Aim and purpose The aim of this unit is to enable learners to use their understanding of technical support tools and techniques and organisational policies and procedures to source technical information and communicate advice and guidance to resolve technical problems. Unit introduction Developments in technology have created a demand for technical
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team of employees who deal directly with customers. Requires the ability to manage resources‚ to set targets‚ to manage and motivate others. Work level 3 is running an operating unit. Requires management skills‚ including planning‚ target setting and reporting. Work level 4 are the people who are supporting operating units and recommending strategic change. Requires good knowledge of the business‚ the skills to analyse information and to make decisions‚ and the ability to lead others. For work level
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Opportunity to pool customer experiences This is where customers are able to write about their experience that they have recently had. This is usually either when they have stayed at a hotel or visited an attraction‚ or a restaurant. Customers are able to rate their experience and leave information on what they enjoyed and what they didn’t enjoy online. An example of this is Trip Advisor where customers can rate their experiences about different hotels all across the world. This benefits potential
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M3 The different methods used by Tesco to measure employee performance are mentoring‚ probation‚ staff appraisal and monitoring. I will be explaining the methods and how they can be used to develop staff. Mentoring - By having employees helping each other is extremely valuable at Tesco as it allows employees to share knowledge and experience with each other‚ it also helps develop employees’ skills to become better workers. Mentoring helps employees’ personal development to progress their careers
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Compare the use of motivation theories at Center Parcs. (M2) Introduction I will be researching different job types in Center Parks so I can see the different management styles of each sector and I shall be looking at the motivational factors within the organisation. Three different job roles at Center Parcs and what theorist is involved. The first job I will be looking at is a Water sports Instructor‚ they’re looking for somebody who can windsurf‚ use a dinghy‚ a powerboat‚ a kayak and
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Kellogs Internet Marketing Kellogg’s strategy was to produce a web site provided specific product line and brand information to interested consumers. The page displays particular product descriptions‚ nutrition information‚ and recipes. Provided as well are company contacts allowing direct consumer response. Corporation facts and financial statements are also available. The overall goal of these sites are to reinforce the brand images portrayed by the companies’ other advertisements‚ such as
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Unit 2: Resources (P5‚ P7‚ M3‚ D2‚ D1) Unit 2: Business Resources P5 Is The Business Profitable? The closing capitals for both years are very similar and propose that not only is the business very profitable but it is also maintaining its financial position within the market. In 2011 the closing capital was £2‚500‚000 and for... Premium 6648 Words 27 Pages Unit 4 - Developing Through the Life Stages - Task 3‚ P4‚ P5 Unit 4- Development through the life stages Task
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