Diageo is a business that operates in the beverage industry. To be considered a beverage industry a business must sell beverages. They are based in London which is located in the United Kingdom. They have been in business since 1997 and have a rich heritage before 1997 with other companies. Diageo sells many alcoholic beverages in many countries around the world. They “operate production and distribution facilities that include malting‚ distilleries‚ breweries‚ packaging plants‚ maturation warehouses
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documents that are fit for purpose. If the documents are incorrect in some way this can have adverse effect on a business and documents can make a significant contribution to the effectness and efficiency of the business. 2. Use the table below to describe some of the different types and styles of documents that are produced in a business environment‚ and then explain when these different options may be used. Documents When they are used Letters
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P7 Illustrate the financial state of a given business using ratios I have been asked to illustrate the financial state of a given business using ratios‚ to do this I will use accounting ratios to show the financial state of Porcella. One of the ways a business can measure how it is doing is through ratio analysis. Ratios can help Porcella to see how it is doing now and how it compares to last year or the year before and against competitors. For these ratios to be useful‚ they should be compared
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TASK 4 For the business owner‚ the risks must be known and a strategy on how risks will be managed needs to be in place. 4.1 IDENTIFICATION OF RISKS • Strategic risks The risks of having other competitors entering the same market in a short time is high since the capital required is low and no stocks are required. • Compliance risks Laws are constantly changing and new regulations are always emerging which could: • Hinder or change the operations • Increase the costs of overheads • Financial
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Section 1 – Understand how to support the organisation of a business event 1. When organising a business event‚ describe the range of support activities that may be required. The very first task before any business event is making a good plan which should include very clear event objectives and expectations. The plan should also include pre-event activities and tasks as well as such details like who is going to take care of these tasks. Depending on the size of the event‚ striking
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where the market is made up of about 100 small companies who would own about 1% of the market each. Towards the middle of the spectrum you have the oligopoly structure where the market is of about 4-10 companies who each control a big chunk each. Perfect competition describes how a set of companies aren’t big enough to control a big chunk of the economic market. There are 4 market characteristics of a perfect competition include a large number of small firms‚ identical products made sold by all
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create or reform law in a very small amount of cases. This is because their job is to apply the law. The work that a judge does depends of the level of court in which they work. Superior judges are those in the House of Lords‚ the court of appeal and the high court. The inferior judges are the circuit judges (who sit in the crown court and the county court)‚ recorders (who are part-time judges who usually sit in the crown court) and district judges (who hear small claims and other matters in the
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P7: Outline electronic and non-electronic methods for communicating business information‚ using examples for different types of audience. The first type of information that I am focusing on is written information that is on screen‚ the form of the communication is a PowerPoint presentation which is used electronically to present information to members of staff. In Sainsbury’s they hold meetings regularly and my example of a time is when they had a new product that was coming into their store
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Attachment SheetFaculty of Business and Law | Date received | This form must be completed‚ signed and attached to each assignment you submit within the Faculty of Business and Law. If submitting online‚ this form must be completed and submitted with your assignment. Last NamePlease use block letters‚ and enter your name as it appears on your Deakin student card | First Name | Student ID | JAIN | MAYANK | 212337415 | Unit code | Unit name | Campus | Lecturer/Tutor/Unit Coordinator | MIS761
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Unit 2 Task 4 There are many different types of software that a company can use to their advantage. My company can make a massive use of spread sheets‚ for this I will use Microsoft Excel as this is the software that easily available. With this software I will be able create many things including a Cash Flow diagram (Appendix 1). This will allow me to then work out efficiently the costs of the business‚ the income of the business and the cash flow throughout the months. This software will also
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