In this task I am going to explain different types of business information‚ their sources and purposes. I am also going to present a table showing six different types of information the business might use‚ three internal and external. There are many different types of information such as verbal‚ written‚ on-screen and multi-media. Verbal information is pretty straight forward‚ it allows to share views within the team‚ quicker discussion and much better understanding than any other sources. It is
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Unit 2 Focus Paper: Karl Gibson GM546-01N Recruitment and Selection December 22‚ 2014 Professor Dr. Vincent Pellettiere Introduction The recruitment process is an integral part of human resource management (HRM). It isn’t achieved without proper strategic planning. Recruitment is defined as a process that affords the organization with a pool of competent job candidates from which to choose (Florea‚ 2014). Before companies recruit‚ they must implement proper staffing plans
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Good food and good companionship during the Holiday Season are often accompanied by good alcohol. Alcohol is part of many celebrations. But‚ it can become the thing that makes the Holiday Season come to a screeching halt if you are pulled over for driving while intoxicated. Don’t let a DWI ruin your Holiday fun. Five Ways to Avoid a DWI With a bit of planning ahead of time‚ you can enjoy yourself without the need to drive while intoxicated. Don’t drink and drive while intoxicated. This seems
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My future career choice is to become an accounting consultant; this job would require me to create financial reports‚ pro-forma financial statements and reports for businesses. I would have to analyse‚ interpret and evaluate financial statements and reports for various authorities accounting consultants help businesses with all of their financial needs. In order to become an accounting consultant‚ I would have to upgrade my mathematical‚ technical and accounting skills. I can better my skills in
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Business Environment Business environment is all about the combination of internal and external factors that may influence a business’ ways of operating such as: clients‚ suppliers‚ its competitors... stakeholders decide to start a business for many reasons: to pursue an interest or a hobby‚ mainly: to be their own boss. In other terms‚ people think that being your own boss‚ mainly as a sole trader gives you many opportunities although there are drawbacks as well. They also have interest in business
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Unit 1: Communication and Employability Skills for IT Unit code: F/601/7233 QCF Level 3: BTEC National Credit value: 10 Guided learning hours: 60 Aim and purpose The aim of this unit is to ensure that learners understand both the personal attributes valued by employers and the principles of communicating effectively whist developing effective communication skills and addressing their own personal development needs. Unit introduction Non-technical skills and attitudes
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!!!!! P3 describe the physiological responses common to most sports injuries P4 describe the psychological responses common to sports injuries M2 explain the physiological and psychological responses common to most sports Injuries D1 analyse the physiological and psychological responses common to most sports Injuries Content Know about a range of sports injuries and their symptoms Physiological responses: damaged tissue‚ eg primary damage response‚ healing response‚ the
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I am going to evaluate the influence that stakeholders exert on Sainsbury’s. I will be evaluating the following stakeholders: customers‚ employees‚ shareholders‚ suppliers‚ the government and owners. The first stakeholder I am going to evaluate is customers which are external stakeholders. Customers contribute to profit levels and turnover through buying products and services. People are stakeholders in a company for financial reasons‚ customers do not want to have to spend an excessive amount
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Definition/ Explanation Product development Where a company bases a product to make a different product. For example Mars have made milkshakes based on the Mars bar. Brand extension Where a company uses their brand name on different products to increase the profit margin. For example Hugo Boss could put their logo/name on a watch and customers would still pay more money for their product. Diversification Is where they take a product into a new market. It is a slight risk as the company may not have
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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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