BUSINESS ENVIRONMENT TASK 1 AND TASK 2 a)Identify the purpose of different organisation giving examples(AC1.1) Sole trader-it’s a business that is owned by only one person and it can have one or more employees. This type of business organization often succeeds because the owner has total control of businees‚ the owner keeps all profit and it’s cheap to start-up‚but also it can be difficult to raise financial‚it may be difficult to specialise or enjoy economies of scale and can also have problems
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HAT Task 1 July 21‚ 2012 There is a sign on the Highway as you enter Celina that reads‚ “One of 100 best small towns”. Celina is a rural community in North Western Ohio. It is home of the largest manmade lakes ;{ it is 21 square miles covering over 13‚500 acres in both Mercer and Auglaize counties.}Corn fields and farms surround the city on all sides and country air can make an outsider either smile or cover their nose; 60.6% of the population is rural living. Main street is home of some of the
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Profit maximization from the total revenue to total cost approach is at the point of the largest difference between total revenue and total cost. Profit maximization from the marginal revenue to marginal cost approach is where marginal revenue equals marginal cost. The calculation used to determine marginal revenue is the change in total revenue divided by the change in quantity. In this scenario‚ marginal revenue decreases by $10 at every additional increment of widget production. The calculation
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The chart shows the fluctuations in the numbers of international students attending the Sydney International Language Centre in 2001. At the start of the year numbers were quite high at 170‚ this was because there were a large number of students in University Preparation (UP) before the March intake. The student population remained the same until the end of February when 40 graduated from ELI and took up their offers in Bachelors and Masters courses. In both April and May‚ 15 extra students enrolled
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We as a society shouldn’t rely on the legal system to legitimize whether specific actions are right or wrong. The ability to determine an action is ethically or morally right or wrong; it should be an inept characteristic that is instilled into each of our moral compasses. The society that we live in today is completely different from that of 20 years ago. Today‚ it is frowned upon when an individual is treated unfairly based on his/her sex‚ age‚ race‚ and even a person’s sexual orientation more
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Robinson Enterprises Memo To: James Robinson From: Greg Robinson cc: Jason Garrison Date: Re: Price Reduction Request Hello James‚ (Section A) Robinson Enterprises is dedicated to providing high quality products that exceed the expectations of our customers. We strongly believe that our dedication to quality creates loyal customers willing to pay a little more for our products. In fact‚ our studies show that customers recommend our products to their friends and family at a rate three times greater
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Custom Snowboards Inc. Managing Capital & Financial Assets 05/10/2014 WGU JET2 Financial Analysis Task 5‚ Part II - PASSED To: Chief Executive Officer (CEO) of Custom Snowboards Inc. Subject: Report of historical data and recommendation on how to proceed with expansion plans to Europe. European Expansion Historical Analysis To make a decision about expansion to Europe‚ we must first analyze past performance as an indicator about future performance. A historical analysis was completed
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Project Part 1 Task 1 IS3440: Linux Security 4/20/2014 Joshua Holcombe Task 1 While researching the regulatory requirements needed for First World Bank Savings and Loans I found that a security policy against current server architecture is required to be implemented. The CIA (Confidentiality‚ Integrity‚ and Availability) triad is taken into account when analyzing the multiple servers in reference to Linux and Open Source managing security demands. The "Database Server" requires
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Study Guide 11.1 Sole Proprietorships Learning Objectives 1. Understand the importance of sole proprietorships in our economy. 2. Explore the advantages presented by doing business as a sole proprietorship. 3. Assess the disadvantages and dangers of doing business as a sole proprietorship. Key Terms And Definitions Angel Investors Affluent individuals (or groups of individuals) who provide capital to start-up and early-stage businesses. Entrepreneur A person who organizes a business and
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References: Tischler‚ H.L. (2011) “Introduction to Sociology”. Retrieved from https://online.vitalsource.com/#/books/9781285396835/pages/55834839 Wisniewski‚ M (2013) Update 1-Illinois Governor Signs Same-Sex Marriage Into Law. Retrieved from http://www.reuters.com/article/2013/11/20/usa-gaymarriage-illinois-idUSL2N0J524N20131120.
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