P1 & P2 Principles of Systems Analysis Systems Analysis is the term that analysts will look for solutions to the problem. They will analyse the components and the hardware itself then come up with possible solutions. Analysing the situation in which you believe it could be improved. Improvements which could make the business better. Suggested solutions from colleagues and technicians could be taken into action. In a business the systems would eventually go wrong‚ something would happen to it either
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P2-Exlpain how to build cohesive teams that perform well. For a team to become successful they must progress through different stages of development. Business owners will try to build a cohesive team of employees that will imperative their success‚ teamwork is critical to a business; so many businesses will create team building exercises which will help the teams to build trust‚ ease conflict‚ increase collaboration and build effective communication. Building a cohesive team is important for the
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that are involved within marketing products. These are: Consumer law is a set of laws put together to ensure the customers are all cared for in the right way and prevent the business to perform in a complaint or rough stage within their business. Sales of goods act 1979 The sales of goods act just implies that the business must ensure all their products are satisfactory and they sell goods to their requirements and it must meet the description. Effects marketing activity as needs to be honest
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uk/commercial-property-to-let/property-37984746.html’] ‚ that will give us enough space to develop the business. There are currently no other sport facilities like this in this area. The idea came from my background in extreme sports/ sports‚ mostly because I couldn’t find all of them in the same place and I had to travel to be able to do it. In this assignment I will show why I think this business is a good idea and why I think that it could be a very successful one in a very short period of time
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Unit 37 Assignment-Understanding Business Ethics Task 1-The meaning and importance of business ethics P1 Describe the ethical issues a business needs to consider in its operation activities Defining Business Ethics Business ethics can be defined as the accepted set of moral values and corporate standards of conduct in a business organization (business.lovetoknow.com) Ethical activities carried out by Vodafone One ethical activity that is carried out by Vodafone would be the introduction of its
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Qualification Unit number and title BTEC Level 3 Extended Diploma in Business Unit 37 Understanding Business Ethics Assignment title Unit 37 Understanding Business Ethics 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 must show that the student is able to: Task no. Page numbers P1 Explain the ethical issues a business needs to consider
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income P2 Capital Income Capital income is the money invested by owners or investors that fund the setting up of a business. The source of capital income is influenced by the type of business. Sole trader is a business which is owned individually‚ meaning their capital income comes from their own money (savings) or personal loans. Partnership is when between two and twenty people join to form a business as partners. Each partner should be the source of capital income. Partners of the business share
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* Finance & Health * Marketing * Food Production * Environmental implications. Ethics: Finance & Health Finance is an essential part of Business. It is imperative to be ethical in this sector as it’s the area that handles the money‚ various ethical issues fall under this sector for example‚ unlawful conduct (bribery). Health is also a imperative part of business as a business needs to have a sanitary area for employees to work‚ it’s even more important for McDonalds as they
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Oziel Adrián Juárez Tamez A01035050 Business and Management III Alicia Romero Case Study Unit 37: Carl Hurst Balti Pies a) Calculate the contribution per batch of pies. A: Contribution = Selling Price – Variable Cost Contribution = 100(50p) - £20 Contribution = £50 - £20 Contribution = £30 b) How many batches would Carl need to produce in his first year of trading to break-even. A: Break-even output = Fixed costs/Contribution Break-even output = (£2‚500 + £500)/£30 Break-even
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Stakeholders. P2. My two companies are Hackney Community College & Tesco. Stakeholders are a person with an interest or concern in something for example a business. Customers A person or organisation that buys goods or services from a store or business. Hackney Community College example: Students come to the college for a service which is education. Tesco example: Public people‚ bars‚ convenience store and cash & carry these are all customers that sell food. Employees A person who exchanges
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