TASK 4 For the business owner‚ the risks must be known and a strategy on how risks will be managed needs to be in place. 4.1 IDENTIFICATION OF RISKS • Strategic risks The risks of having other competitors entering the same market in a short time is high since the capital required is low and no stocks are required. • Compliance risks Laws are constantly changing and new regulations are always emerging which could: • Hinder or change the operations • Increase the costs of overheads • Financial
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P4) demonstrate appropriate interpersonal skills in a health and social care setting. M3) discus own interpersonal skills used in a health and social care setting In this assignment‚ I will be demonstrating how I used my own interpersonal skills in a health and social care setting during my recent work placement. Interpersonal skills are skills that we use every day to communicate and interact with others for examples‚ when we are communicating with people and we use any of the following then we
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(d) Received $800 from customers in payment of their accounts. Cash 800/ Net Income 800 (e) Purchased equipment for cash‚ $2‚500. Cash -2500/ Net Income 0 (f) Recorded depreciation of building for period used‚ $600. Cash 0/ Net Income -600 P4-2A A. | | GENERAL JOURNAL | PAGE | | | | | GENERAL | | 2012 | ACCOUNT TITLE | DEBIT | CREDIT | Jun | 30 | Supplies Expense | 1280 | | | | Supplies | | 1280 | | | (to record supplies used) | | | Jun | 30
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3/20/2013 ERIC KAMAU | P4&M3 | UNIT 36 STARTING A SMALL BUSINESS | P4&M3 | UNIT 36 STARTING A SMALL BUSINESS | Contents INTRODUCTION 2 Proposed legal structure of the business 2 LEGAL ASPECTS 2 Local licenses and regulations 4 The implications for the business in legal aspect (M3) 4 FINANCIAL ASPECTS 5 The implications for the business in financial aspect (M3) 8 INTRODUCTION For this task I have been asked to describe the legal and financial aspects that will
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Task 3: Report on either Resources or Price and Non Price Marketing To be submitted via the Assessment 3 Dropbox on 11BEC Moodle by Friday 7th April at 5pm. Paper copies will also be accepted. This assessment has two parts: 1. Preparation and Research (Not assessed) A. Choose a producer. You are advised to check your choice of producer with the teacher to ensure it is suitable. B. Gather information about the production decisions of your chosen producer. It is expected that information
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P2- Describe the main employability‚ personal and communication skills required when applying for a specific job role 1. Describe how the following skills are essential for the job role you have identified a) Employability a. E.g. the qualifications needed‚ the experience needed or that you possess that is related to the role‚ the knowledge that is necessary‚ or that you have of products/services that the company offers‚ the experience that is necessary or that you have in that industry‚ how
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Diageo is a business that operates in the beverage industry. To be considered a beverage industry a business must sell beverages. They are based in London which is located in the United Kingdom. They have been in business since 1997 and have a rich heritage before 1997 with other companies. Diageo sells many alcoholic beverages in many countries around the world. They “operate production and distribution facilities that include malting‚ distilleries‚ breweries‚ packaging plants‚ maturation warehouses
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have 754 members (MEPs) They are elected once every 5 years through turnout for voting is low The EP drafts EU legislations which affects UK‚ which we must adhere to‚ but we can still make up our own laws They also control the EU budgets It has 2 places of work; Brussels in Belgium‚ Luxemburg city‚ Strasbourg in France Advantages of being in the EU I believe an advantage of being in the European Union is that you have a liberty to be able to travel anywhere within in it‚ if it’s for work purposes
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Week 4 - Individual Assignment Brandi Glasco University of Phoenix FIN/419 Dr. Bob Woerner May 23‚ 2012 Week 4 – Individual Assignment Scott Equipment Organization is investigating various combinations of short- and long-term debt in financing assets. Assume the organization has decided to employ $30 million in current assets and $35 million in fixed assets in its operations next year‚ provided the level of current assets‚ anticipated sales‚ and EBIT for next year are $60 million and
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TASK 1: DESCRIBE HOW THE TWO BUSINESSES ARE ORGANISED IN ORDER TO ACHIVE THEIR PURPOSE. INTRODUCTION WHAT ARE THE AIMS AND OBJECTIVES OF DELL AND THE BESPOKE CUPCAKE CO. AND WHAT MAKES THE STRATEGIC: Dell and Bespoke cupcake co. Set aims and objectives‚ so as to be able to measure their progress towards their stated goals for a particular financial term or business period. Aims indicate where the business wants to be in the future‚ whereas objectives set a clearly defined target for the
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