P7 Illustrate the financial state of a given business using ratios I have been asked to illustrate the financial state of a given business using ratios‚ to do this I will use accounting ratios to show the financial state of Porcella. One of the ways a business can measure how it is doing is through ratio analysis. Ratios can help Porcella to see how it is doing now and how it compares to last year or the year before and against competitors. For these ratios to be useful‚ they should be compared
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kind of business it is‚ the company will also need to provide the right building facilities. As well as these thing they also include: Sector centre‚ Access to distribution‚ Road/rails/air network- the company will need to make sure that their business is located in an area where customers can get access to it easily. Numbers of staff employed- is also important to think about how many staff you need in the business to carry out the job properly. If there are less staff then the business may not
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Good analysis of two practical cases of real businesses adopting e-business practices to compete more effectively. The emphasis may be on marketing‚ product development‚ pricing or customer relations. M2 Confused.com is a comparison website that operates in the UK and specializing in insurance and financial services. There are a lot of similar website which are confused.com competitors that all offer similar services with similar price comparison strategies specifically concerning insurance
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cheap but quality milk which will create Kraft’s products also the second supply chain will be a company that supply a large amount of salt which is also need for the products that Kraft creates. Packaging is also an essential for the Kraft’s company. 2. Why do you think Kraft Foods is concentrating on its Power Brands? Give two examples of Kraft Foods Power Brands. Kraft’s foods is concentrating on its power brands because these brands bring in a lot of income for the company which helps developing
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1M3&D1 Risk Assessment | Risk Hazard | Action | Done By | Laptop Door | Lock on door | Move the laptops or fix the lock | Manager | Overloaded Electrics | Overloaded Electrics‚ could blow up‚ loss of power or electric shock | Get extra extensions | Manager | Microwave + Kettle bought from Home | Might not be Safe | Needs checking by electrician | Manager | Poor storage on Cupboard top | Could fall and hurt staff members | Provide proper storage‚ for example filing cabinet/cupboard
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P3/P4 PLC Eddie Stobart The Eddie Stobart business is unpinned by the company brand‚ people and systems. This is their strategy to keep the business running successful for the next 3 years. The purpose of this strategy is to increase the sea‚ rail and air sectors. Strategic Planning Starting new partnerships with customers to further efficiencies. To take the opportunities‚ as the economy comes out of recession‚ building on our key competitive advantages‚ such as load utilisation and combining our
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In this I will be explaining the profit and loss of the Domestic Dog Homes along with the explanation of the balance sheet of Domestic Dog Homes. The profit and loss account is a type of business information which companies or Domestic Dog Homes (DDH) can use to see the financial performance of their company over a certain time period. The profit and loss account shows the sales‚ cost of sales‚ gross profit and net profit from the DDH trading accounts it shows that DDH made of gross profit of
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D1 – Explain why the practitioner should develop and maintain appropriate relationships with parents and other professionals. In order to apply curriculum plans it is important to work closely in partnership with the child’s parents. Relationships with parents are important‚ having a good relationship with the parents enables strong communication links for whenever there is a problem and when information should be shared within the family‚ maintaining a connection with parents produces educational
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Task 4 (D1) Qu6. Analyse the need for selecting the different voltages used for different parts of the generation‚ transmission and distribution systems drawn for Qu.5. Back in the 1800’s Thomas Edison had a vision to power the whole of New York using DC (direct current) that he developed‚ this idea was brilliant‚ but had one set back. A power station was needed every mile due to D.C. only flowing in one direction. This wasn’t a very practical form of electricity or cost effective‚ another idea or
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1.0 Evaluation of the market research methods used by Barclays (D1) Barclays using testing as a research method was very efficient for them it allowed them to try a new product before they released it on the market. It gave them the first hand opinion of public views towards their product. From doing this Barclays was therefore able to get more vital data on their target market which are students. They would then be able to make various adjustments to the account to suit the students’ needs. In
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