Both activities work well with each other as the feedback from the 360-degree feedback can form the SWOT analysis for yourself. AC1.2 - Explain the concepts and implications of unconscious bias. Unconscious bias is a prejudice people hold against certain groups of people that we may be unaware of. This bias can stem from past experiences‚ culture‚ or background. Examples of unconscious bias include the Halo & Horns effect‚ which involves projecting positive qualities onto people without confirming
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Student name: Course title: Business culture and strategy SCN: Outcome No.1-5 Group: Access name： Report for Business Cultural & Strategy of J D Wetherspoon company Date: Content I. Introduction 2 II. Discussion 2 Section 1 External Environment 2 SPELT analysis 2 SWOT analysis 4 The management use on how to conduct a SWOT analysis 5 Section 2 Organization culture 6 Business culture: shared values & taken for granted assumption 6 Four types for
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Sheet Cash-Flow statement Income statement Figure 1 Cash flowproduction cycle (Operating) working capital: movement of cash into inventory Investment: flow from cash into new fixed assets Depreciation: the loss in value of fixed assets ⇒ increase in value of merchandise made + needed for growth Solvency: ability to have cash to buy fixed assets and inventory (outflow cash) Financial statements: Balance sheet The balance sheet Equity= assets - liabilities current assets
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Economics for business by David Begg and Damian ward (3rd edition) chapters 1-8 Chapter 1: Economics for business. 1.1; What is economics? Economics is the social science that analyzes the production‚ the distribution and consumption of goods and services. It studies how individuals‚ firms‚ governments and economies deal with the problem of infinite wants and finite resources. Factors of production are the resources needed to make goods and services‚: land‚ labor‚ capital and enterprise. - Land
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organisations have the responsibility to create‚ nurture and maintain a certain organizational culture. Organisational culture refers to the common beliefs used by a certain group to govern perceptions‚ thoughts‚ actions and feelings of the group. Culture is simply the way things are done in or by an organisation. In most cases‚ organizational culture is influenced by the management. An organisational culture is based on past experiences and evolves with time‚ situations and actions of every employee
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The Value of Diversity and Multiculturalism in Business Diversity and Multiculturalism are two topics that‚ themselves‚ are not new. To start off with a uniform basic understanding‚ what are diversity and multiculturalism? According to Merrium-Webster‚ Diversity is ‘the condition of having or being composed of differing elements‚ especially the inclusion of different types of people (as people of different races or cultures) in a group or organization’. Whereas‚ Merrium-Webster defined multiculturalism
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sustainability as United States claims on foreigners and earns greatly when compared to the claims of foreigners on United States. Such difference in the earning would definitely loosen the budget restraint of U.S by maintaining the current account deficits to grow more as they otherwise would have been very large. (Cavallo & Tille.‚ 2010) showcases an optimistic difference in the returns which may reduce the probability of an uncontrollable modification in the U.S. current account and the dollar. If
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as well as the company‚ etc‚ I need to gather extensive information about the Japanese business culture as the peculiar characteristics of this particular trading company with whom we are meeting. It is extremely important in international business that one should pay attention to prevailing business culture‚ customs and peculiarities of the companies from other countries in order to conclude a successful business deal. Therefore‚ I need to peep into material describing the Japanese way of doing businesses
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Business Implications of Exchange-Rate Changes Marketing Decisions Production Decisions Financial Decisions Table of Contents 1 2 3 4 5 6 Page Introduction ........................................................................................................... 1 Marketing Decisions ............................................................................................. 2 Production Decisions ..........................................................................
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Communication and the Conflicts between Chinese Culture and Western Culture Abstract There are many matters of cultural conflicts in intercultural communication of Chinese culture and western culture‚ and it seriously affects the course of communication. So‚ it is necessary for us to find the in-depth reason and make some plans on how to improve the ability of intercultural communication. This is the right way to avoid the cultural conflicts. There are several culture conflicts: the conflicts on privacy‚ the
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