gunawardana and Mrs. Raisa Zaharan‚ who helped me in doing the assignment. Executive Summary This assignment deals with the concept and plan as how to start a Small Business Enterprise. In this business report‚ I have described the product ‘Digital Tachograph’ I would introduce in my small business enterprise. I have given the details of the potential for this product‚ it benefits to the transport industry as well to a country as a whole. We will be introducing
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Basic Concepts on Fraction Fraction – is defined as a part of a whole. In some other books‚ it is defined as a number written in the form ab ‚ where “a” and “b” are numbers and “b” is not equal to zero. Basic Parts of a Fraction * Numerator – the number above tells how many parts are taken. * Denominator – the number below tells how many equal parts the whole is divided. * Fraction bar – line that separates the two numbers. It also indicates division. There are several kinds
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1 Chapter 1 Definition and Basic Concepts Thermodynamics is defined as the science of energy. Originally derived from Greek words : therme (heat) and dynamics (power) – descriptive of early attempts at conversion of heat into power. Modern interpretation includes all aspects of energy and energy transformations‚ power generation‚ refrigeration‚ and the relationships among properties of matter. There are two approaches in thermodynamics studies: (1) classical thermodynamics – a macroscopic
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must manage resources and control the diverse range of projects operating within their systems at any one time. To be successful in the current business climate‚ organizations need to focus on how to manage the many competing requirements for resources. Conflicting resource requirements across multiple projects and corporate priorities not centrally managed usually are grounds for failure. I believe that a properly organized enterprise project office is the formula for successful project implementation
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Abstract This paper discusses how a company can successfully implement the Enterprise Risk Management based on COSO guidelines. This paper discusses a step by step process of the implementation plan at Dell Inc‚ the responsibilities of the workforce and management‚ the risk mitigation approach and how to monitor the activities successfully. Enterprise Risk Management In the wake of all the financial scandals‚ a variety of laws and regulations have been passed which makes the board of directors
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agree that the most important key to development and to poverty alleviation is education. Education is the only hope for our country to change its current status of a “developing country into developed country” “Mahatma Gandhi described education as basic tool for the development of consciousness and reconstruction of the society. He said that education is one of the most important factors in achieving the developmental goals of the country.” Education has no higher purpose than preparing people to
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Assignment 2 Basic Accounting Concepts and Business Structures Basic Accounting Concepts and Business Structures Before the Great Depression and the crash of the stock market‚ there were no groups governing the accounting world‚ nor had any principles been put into place. Because of this‚ various groups and GAAP had to be formed to ensure that quality financial reporting was exhibited. There are still discrepancies in accounting but with the hierarchy
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BASIC ECONOMIC PROBLEM Scarcity is one of the most basic economic problem that we faced. Why we run into scarcity because we are in a society with unlimited wants‚ but limited resources. Therefore‚ we have to choose‚ to make trade-offs. We have to efficiently allocate resources‚ and we have to do those things because resources are limited and cannot meet our own unlimited demands. Choice and opportunity cost are two basic concepts in economics. Because of scarcity‚ consumers‚ businesses and governments
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Enterprise Risk Management Enterprise Risk Management in Banks The idea for risk management in banks has been increasing and has a growing need because there are multiple necessities that the banks must comply with and each company has their own method to handling it. Risk management has been around since the 1800’s because of the fact that there was always some awareness that risk is a plausible event in the daily aspect of banking. While risk management is different from enterprise risk
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Throughout the world‚ wherever business enterprises are carried on‚ there are to be found three basic forms in which the ownership of these enterprises is held. . The individual owning outright his own business and usually managing it himself without much cooperation or assistance.( sole proprietorship) . A group of owners‚ working together under some form of partnership agreement. . The impersonal owner - the corporation - standing between the business and the individuals who have various
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