Task 1 – Human Resources. P1 - Human resource management is the organisation function in a business that deals with issues related to people such as compensation‚ hiring‚ performance management‚ organisation development‚ benefits‚ administration‚ employee motivation and training. It is also a strategic and comprehensive approach o managing people in he workplace culture. INTERNAL PLANNING FACTORS: Retirements/Resignations – Older employees are retiring which means the company will need to
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06 Student: ___________________________________________________________________________ 1. As shown in the Chapter 6 opening case‚ Whole Foods Market had to seek new strategic initiatives such as enhancing its differentiated appeal and improving its cost structure because it was losing its competitive advantage. True False 2. A firm’s business-level strategy answers the question "Where should we compete?" True False 3. The goal of a strategic position is to create the largest gap possible between
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TASK 1 (PART A) LIT 1 SOLE PROPRIETORSHIP: The owner and the business are considered one. The owner takes all the risk and receives all the profits. It is easy and inexpensive to start up a sole proprietorship however a sole owner has trouble raising capital which could limit growth. • LIABILITY –If the business fails the owner is financially responsible and my lose everything. • INCOME TAXES – The proprietor and the business are taxed together. • LONGEVITY/CONTINUITY – The business dies
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costs Labor costs of assembly-line workers $110‚000 – Direct labor Sales commissions $35‚000 – Period costs Factory supplies used $13‚000 – Direct materials Salaries paid to sales clerks $50‚000 – Period costs (b) Explain the basic difference in accounting for product costs and period costs. Product costs are manufacturing costs‚ direct components‚ direct labor and manufacturing overhead‚ do not become expenditures until the company sells inventory. Period costs are non-manufacturing costs‚ including
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Criteria P1 Task 1 Produce a poster of the essential elements of a contract then prepare a factsheet explaining the essential elements of a contract in an area of your choice. Examples‚ your own mobile phone contract‚ college contract or other contracts that you are interested in. (Make sure you cover when and how a contract comes in to existence‚ invitations to treat‚ offer‚ acceptance and counter offers.) Criteria M1 Task 2 Taking what you have done with P1 a stage further
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Christmas chaos for Cathay passengers on the cards as pilots start work-to-rule action Page 1 of 2 Christmas chaos for Cathay passengers on the cards as pilots start work-to-rule action Wednesday‚ 03 December‚ 2014‚ 5:17pm News › Hong Kong LABOUR Phila Siu phila.siu@scmp.com Flight attendants accept airline’s offer of a pay rise as pilots begin work-torule action As Cathay Pacific pilots embarked on a work-to-rule action yesterday‚ the airline avoided a similar Christmas slowdown by its cabin
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When we first began our class in the summer I was already pretty excited about all the different types of things we were going to learn and talk about over this semester. I have always found the subject of psychology to be very interesting and now I was getting the chance to actually take a psychology class. Here was my oppertunity to get a closer look into how our brains work and find out a little bit more about why we act the way we do. I think just about everyone would be at least slighty interesting
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Exam 1 Study guide Chapter 1: Biology and Tree of Life • What are the five fundamental characteristics of all living organisms? - Energy - all organisms acquire and use energy - Cells - made up of membrane-bound cells - Information - process heredity info. encoded in genes as well as info. from environment - Replication - all are capable of reproduction - Evolution - populations of organisms are continuing to evolve • What is the cell theory? - All organisms are made of cells (pattern)
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Task Learning Outcomes Pass & Assessment criteria Indicative Guidelines Task 1 LO1 Understand different food and beverage production and service systems P1: discuss the size and scope of the conference and banqueting industry in the UK. (AC 1.1) P2: analyse factors that have influenced its development. (AC 1.2) P1. You need carry out research about the size and worth of the conference and banqueting sector of the hospitality industry. These include the diversity of venues and types of
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Unit 7- sociological perspective P1- explain the main principle of sociological perspective. Structuralism: This perspective is interested in describing and understanding the main institutions of society. This includes family‚ education system‚ health services‚ the economy‚ the political system‚ religious groups and the media. In addition‚ structuralism is interested in knowing how these institutions work with each other and how they influence an individuals behaviour. Functionalism: This perspective
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