5.1.1 Accounts Opening Section This section deals with opening of different types of accounts. It is also deals with issuing of checkbooks and different accounts openers. A customer can open different types of accounts through this department such as : 1. CD – Al – Wadiah Current Deposit 2. SB – Mudaraba Saving Deposit 3. STD – Short Term Deposit 4. MTD – Mudraba Term Deposit 5. SS – Short scheme * MSS – Monthly Saving Scheme * MIS – Monthly Income Scheme
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Theorist of development: A. Cognitive (Piaget) Cognitive theories of development look at how thought processes and mental operations influence growth and change. Cognitive theory is looking at the development of a person ’s thought processes. It also looks at how these thought processes influence how we understand and interact with the world. One theorist and cognitive thinker was Jean Piaget‚ who gave an idea about how we think about child development. This is that children think differently than adults
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Different types of markets A monopoly is a type of market in which there is only one producer or seller for a product. Therefore‚ the only activity is the business. It is quite hard and limited to gain access to this type of industry because usually‚ one entity has all the rights on a natural resource. Also‚ this type of market can be limited because of the high cost of material‚ or simply because of political‚ social or economical issues. Therefore‚ a monopoly controls all the good or services
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Outcome 1 1.2 Explain the organisation’s mission and purpose Our organisations mission and purpose is to achieve full compliance with the energy performance of buildings directive (EPBD) 1.3 Compare how the organisation works with other different types of organisations Our organisation works differently to other types of organisations because we don’t actively advertise in any way‚ as we do not buy or sell anything and there are only 10 other organisation in the uk that provide the same
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BACON Bacon is defined as any certain cuts of meat taken from the sides‚ belly or back of a pig that may be cured and/or smoked. Meat from other animals may also be used or otherwise prepared to resemble bacon‚ such as chicken or turkey bacon. Bacon may be eaten fried‚ baked or grilled. It is commonly used in sandwiches. A side of unsliced bacon is flitch or slab bacon‚ while an individual slice of bacon is a rasher or simply a slice or strip. Slices of bacon are also known as collops. Traditionally
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type of competition When we examine the types of business structures we are looking at the competition in the market that the business operates within. There are four types of market based on the competition: 1. Monopoly 2. Oligopoly 3. Monopolistic Competition 4. Perfect Competition A firm can be called a monopoly if they are the sole supplier to a market place or its market share is more than 25%. Monopolies are capable of influencing the whole market regarding influencing the price or deciding
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Task 1‚ Evidence you must produce for this task Introduction The purpose of market research is to gather data about consisting customers or new customers. It helps the business make decisions on a new product or a consisting product. By doing market research they are able to find out what the customers like and want and what they don’t like. Market research is important to gain a profitable business. If the company have a new upcoming product for the target audience of young teens then they have
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There are three different organizational markets: industrial‚ reseller‚ and government. Industrial firms in some way reprocess a product or service they buy before selling it to the next buyer. Resellers—wholesalers and retailers—buy physical products and resell them again without any reprocessing. Government agencies‚ at the federal‚ state‚ and local levels‚ buy goods and services for the constituents they serve. The North American Industry Classification System (NAICS) provides common industry
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education as a whole‚ this can impact self esteem and confidence. However with the correct approach the child can be encouraged to reach their potential‚ whilst being encouraged to communicate any issues. 10. Explain how multi agency teams work together to support‚
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2 - Explain the characteristics of the different types of schools in relation to educational stage(s) and school governance In England‚ all children between the ages of 5 and 16 are entitled to a free space at a state school. There are six different types of schools: Community schools - These schools are state funded which means that they are run by the Local Education Authority (LEA). The staff are all employed by the Local Authority and the land and buildings of the school are also owned by the
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