M4 & P6 In a business‚ there are several different types of budgets that has different department/area the business has to make. For example‚ in a business‚ you can find the sales and revenue budget (a financial document that set out the business expected sales and revenue from selling its products or services)‚ the expenditure budget (financial document that sets out the expected expenditures of a monthly basis on those items) and the profit budget (financial documents that sets out the predicted
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D1 - Unit 4 – Evaluating the appropriateness of business information used to make strategic decisions. Long term decisions are very useful as they help the business to manage the money they possess efficiently and also give them a sense of direction and where they aspire to be in the long term which could be financially. Secondly when there are long term goals and targets set by the business the workers then have that sense of responsibility which is to produce the best possible work they could offer
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Information : this comes from a wide variety of sources and an effective business person will research information from a range of sources before making decisions. Verbal information : Face-to-face verbal communication is best way to communicate . There is less scope for misunderstanding and it allows for verbal and non-verbal massages . Written information : Writing is the use of physical symbols to present words . Words are the sounds that make up speech . But this definition can be broadened
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D1- Evaluate the appropriateness of business information used to make strategic decisions. Strategic decisions are the decisions that are concerned with whole environment in which the firm operates the entire resources and the people who form the company and the interface between the two. In this task I will talk about the appropriateness of business information used to make strategic decisions. Having correct information before you make a decision that affects the whole company is vital for the
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Tissues Tissues are sets of the same cells carrying out particular functions these include; epithelial‚ connective‚ muscle and nervous. Epithelial tissues are the inside layer of internal and external surfaces and body cavities‚ including ducts carrying secretions from glands. They may be composed of some layers of cells‚ called compound epithelia or just a single layer which is known as simple epithelia. The lowest or bottom layer of cells is attached to the basement membrane for support and
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Unit 10 Introduction to marketing research D1-Evaluate the market research method used by Coke Zone. Is the use of research effective‚ modern‚ costly‚ tailored to the needs of the business? The choice of market research that Coke Zone has chosen is a good way of approaching their needs. Having the survey online and actually integrated within their site means not having to pay large fees to survey companies that charge to get results for a company’s survey. It is effective because the survey
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D1: Analyse the marketing decisions within a travel and tourism organisation in relation to the marketing mix and influencing factors Tourism Australia Tourism Australia has not been very successful at times due to the following factors that have made a negative impact on their business occasionally. These factors; political‚ economic and technological issues‚ have also led to certain marketing decisions being made in the business which has strongly impacted on their marketing mix. · Political
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Unit 23 – D1 In this section I am going to evaluate the effectiveness of Lay people within the English Legal System. Lay people are extremely useful individuals within the civil and criminal courts within the English legal system. The most influential lay people are the Lay Magistrates and the Jury who have important roles with the legal system. Magistrates usually deal with most cases that are heard within the criminal system. They are the decision makers as to guilt or innocence making 97-99%
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This report will describe the expected patterns of development in physical‚ social and emotional‚ cognitive‚ language and communication categories. It will consider development in 0-3‚ 3-7‚ 7-11 and 11-16 age ranges and describe how development can be promoted. In the 0-3 section it will also explain and give examples of factors which can affect their development and how the areas of development can be promoted. 0-3 Years Physical Child development progresses from head to toe. Starting from
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d1 Accounting conventions are the basic rules of accounting which have become acceptable procedures over time. They are the basic rules of accounting. Accounting standards are laws for members of the professional bodies to follow. These are the different accounting conventions and regulations‚ and how they ensure that the financial statements meet their users’ needs. Going concern
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