technology introduced. Furthermore‚ training of employees to use the technology will also be costly and time consuming. More so‚ training employees could also lead them to leave the business in order to start up a new business because of the training given by management. Therefore‚ making the productivity level of the business down. If more technologies are changing then more training will be needed and this could lead to further employees leaving their jobs. Also redundancy costs will be increased if
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A budget is how a business manages their money by predicting the amount the company is going to spend. The two types of budgeting our: * Zero budgeting – Urban Fashion will not know how much items is going to cost as the board of directors would not give them a specific amount to spend * Allocated budgeting – Urban Fashion know how much the budget is that they would have to pay things. In economics‚ fixed costs are business expenses that are not dependent on the level of goods or services
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Subsidiary Diploma in BUSINESS Unit Title/No: 4 Business Communication Assignment 1 Deadline Date:………………………………. WHAT YOU WILL LEARN IN THIS UNIT The aim of this unit is to show learners that the collection and management of business information‚ and the successful communication of that information throughout a business‚ is critical for the future prosperity of the organisation. This assignment covers Learning Outcome 1:- Understand different types of business information Grading
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OUTCOME 2: Understand how to receive and transfer telephone calls – 2.1 Describe how to identify callers and their needs Identify callers needs Start with open questions‚ use active listening‚ don’t interrupt the caller. Clarification of actual situation/facts Ask pertinent questions‚ go over what the caller has said and ask if this is right. Find out what user knows already Ask what information was previous given‚ have respect for the callers attitude without adopting it. Transition providing
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or production depending on the nature of the business.A cash flow is critical because even profitable business can go bankrupt if they do not have enough cash on hand to pay suppliersHaving entered all the known and expected receipts onto our cash flow forecast and all the known and expected payments you now have an overall picture of what the cash position is for the next 13 weeks for your business. You can see where there are likely to be cash shortfalls and surpluses. With this information you can
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Student ID | ADBM-F-20147 | Subject | Marketing Management | Module No. | 105 | Lecturer | Mrs. Chulani Senarathna | Due Date | 13th May 2011 | EXECUTIVE SUMMARY The requirement as per the assignment was to comprehend the key aspects of the extended marketing mix by applying to a realistic service organizational context. This assignment covers one of the core concepts in Marketing‚ the seven P’s‚ Product‚ Price‚ Place‚ Promotion‚ People‚ Physical evidence and Process that comes under the subject
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Albanian clan in Malësia * Concepts: * Highly optimized tolerance‚ a general framework for studying complexity * Euromissile HOT‚ an anti-tank missile system * The Hawaii Ocean Time-Series (HOT)‚ an oceanographic time-series study * High temperature * Spicy food‚ pungency * Physical attractiveness * Sexual arousal * Jargon used to describe radioactivity or more generally any area that threatens life * Higher-order terms in mathematics
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Prescribed Pediatric Extended Care (PPEC) centers are specifically designed to decrease health care costs by delivering cost effective health services to children with medically complex conditions‚ in the hopes of reducing frequent hospitalizations. Parents who enroll their children in PPECs not only expect the management of their child’s medical needs‚ but also anticipate that the PPEC will function as a regular daycare and promote their child’s academic and social development. Hence‚ the expectation
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A production concept is the oldest of the concepts in business. Business concerned itself primarily with production‚ manufacturing‚ and efficiency issues. It holds that consumers will prefer products that are widely available and inexpensive. Managers focusing on this concept concentrate on achieving high production efficiency‚ low costs‚ and mass distribution. They assume that consumers are primarily interested in product availability and low prices. This orientation makes sense in developing countries
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Financial Accounts The Assignment Liam O’Brady owns a business selling musical instruments. The following trial balance has been extracted from the books of account at 31 October 2012. Dr Cr £ £ Bank balance 19281 Capital balance as at 1 November 2011 61489 Carriage inwards 480 Carriage outwards 2110 Discounts 664 811 Drawings 28650 Fixtures and fittings – at cost 62200 Fixtures and fitting – provision for depreciation
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