UNIT 1 The business Environment P5 Know the impact of the economic environment on business. Draft/version: 2 Tutor: M. Popescu Student: Luca Polak Class: IBS 1B Date: 18 January 2013 INDEX * Introduction page(s): 3 * Economic: page(s): 4 t/m 11 - Importance of stability; - Impact on business of changes in the economic environment; - Levels of inflation; - Availability and cost of credit; - Labour; - Changes in government policy. * Demand:
Premium Supply and demand
CHAPTER 3 Describe the major ethical issues related to information technology and identify situations in which they occur. Utilitarian approach. This action provides most goods benefit or least harm. This action usually happens in corporate action. The affected parties for example customers‚ employees‚ share holder and the community. CEO choose to promote ‘go green campaign’ so that this campaign will create an awareness through the staff about the importance of environment. Rights approach
Premium Computer security Authentication Access control
Animal adventure information system analysis report Staff Interviews ● Sophia the Sales Rep Emily We are finding that more and more customer are wanting to do business online. It would be great‚ if we would direct our customer to look at up our information on our website. But its seems many customer have a hard time finding it‚ unfortunately our website provide no trips advice and isn’t equipped to sell adventures. If customers want to buy a tour package with us‚ they currently need to order via phone using
Premium Electronic commerce
Chapter 5 The Expenditure Cycle Part 1: Purchases and Cash Disbursements Procedures Accounting Information Systems‚ 5th edition James A. Hall COPYRIGHT © 2007 Thomson South-Western‚ a part of The Thomson Corporation. Thomson‚ the Star logo‚ and South-Western are trademarks used herein under license Objectives for Chapter 5 • Tasks performed during purchases and cash disbursement processes • Departments involved in purchases and cash disbursement activities and the flow of these transactions
Premium Procurement Inventory Computer program
a business will measure the quality of the activities that are passing and the quality of the services provided to the customers by employees. It involves creating a simple‚ but effective‚ system for determining whether organizations meet objectives. It’s also a process of collecting and reporting information regarding the performance of an individual‚ group or organizations. It can involve looking at process/strategies in place‚ as well as whether outcomes are in line with what was intended or should
Premium Employment Management
£80‚000 Less costs of sales £50‚000 Gross profit £30‚000 Less other expenses £20‚000 Net profit £10‚000 3. Identify and explain each section of the profit and loss Account: a. Sales/Turnover: Your sales turnover is the total amount of goods‚ products or ideas sold within a given time frame‚ usually 12 months. The amount is usually expressed in monetary terms but may also be in total units of stock or products sold. b. Cost of sales/ Cost of good sales/: The direct costs attributable to the production
Premium Generally Accepted Accounting Principles Balance sheet Income statement
Ethical principles There are four key principles in health and social settings‚ where the individual is at the heart of the health and social care provision. The four key principles are: Justice: people must be treated fairly no matter what their background. Autonomy: a person’s choices must be respected. Beneficence: this involves risks and costs; the health or care professional should act in a way that benefits the patient. Non-maleficence: any harm caused by a treatment or
Free Sociology Individual Individual rights
M2 Describe legislations and regulations‚ working strategies and procedures used in health and social care to reduce the risk of two types of abuse Scenario one I am going to use an elderly lady‚ called Arlene (aged 91) who lives in a residential care home who is being neglected by the care providers in the setting. Care standards act 2000 is a legislation put in place in health and social care settings to ensure that all the standards are met at all times and something is done about it if they are
Free Physical abuse Abuse Care of residents
Interpret the contents of a trading profit and loss account and balance sheet for a selected company. Wansbeck Motors Ltd is a limited company‚ there for have to submit their income statement and balance sheet to HM Revenue and Customs every year‚ for larger businesses this could be more often. The Income Statement (Trading Profit And Loss Account) I would also point out the fact that the “trading profit and loss account” is now called an income statement. The income statement was constructed
Premium Generally Accepted Accounting Principles Balance sheet Inventory
P5 There are many economic factors that could affect a business; these factors could also affect the stakeholders. A recession and a growth business will be affected‚ the stakeholders affected would be customers‚ suppliers‚ employees and consumers. Inflation is a persistent increase in the general price level of goods and sevices in an economy over a period of time. When the general price level rises‚ each amount products bought from the store decreases as the rate of the product is too high
Premium Inflation Economics