M1 – Explain methods used to identify the target market for the proposed business Learners need to demonstrate their understanding of the methods used to identify the target market for the proposed business. This will require them to consider a range of methods that could actually be used and to provide reasons for their choice. Market research will almost certainly be included but learners need to explain why. Other methods may prove more challenging but the selection and justification should contribute
Premium Marketing Target market Research
8 Internal Trade 8.1 Introduction In the lesson on trade you have already been made familiar with the distinction between internal and external trade i.e. between home trade and foreign trade. You will recall that internal trade consists of exchange of goods and services between people living within the same country. In this lesson you will learn about internal trade in detail. 8.2 Objectives After studying this lesson you will be able to • • • • • • • • recall the meaning of Internal Trade; explain
Premium Retailing
For this assignment I will discuss and evaluate the improvements to computer systems achieved by routine housekeeping procedures and the benefits. Listed below is what I shall be discussing. - Physical cleaning - Disk Defragment - Virus Scanning - Disk Clean up - Disk Checker - Windows updates Physical Cleaning Physical cleaning means that you will clean the keyboard‚ mouse‚ computer screen and check for any errors such as stuck or missing keys on the PCs keyboard. This process involves
Premium Computer Personal computer Digital audio player
possibility o Contestable markets Markets where the entry and exit costs are low Potential for hit and run entry to cream off profits if incumbent firms are being inefficient (e.g. exploiting the consumer by charging monopoly price‚ failure to control production costs and other inefficiencies including lack of innovation) Always the threat of new entry from new suppliers or new products – this affects the current behaviour of existing firms (may force them to price more competitively – less
Premium Supply and demand Price elasticity of demand Monopoly
INTERNAL AUDIT TRAINING MODULE BASED ON THE INTERNAL AUDIT PROCEDURE MANUAL Ministry of Finance & Economic Development November 2005 TABLE OF CONTENT MODULE I I. INTRODUCTION AND GENERAL BACKGROUND SESSION I INTRODUCTION BREAKING THE ICE LEARNING CONTRACT BASES AND AUTHORITY THE GENERAL CONCEPT OF AUDITING 1 1 1 2 3 SESSION II HISTORICAL DEVELOPMENT OF INTERNAL AUDITING INTERNAL AUDITING IN ETHIOPIA THE SCOPE AND PRACTICE OF INTERNAL AUDITING IN ETHIOPIA NEED TO ADOPT THE PROFESSIONAL
Premium Internal audit Auditing
Office Systems and Procedures * Managing the trends and challenges of office network systems as a Result of new technology. * To understand the designing and advantages of office system Definitions by Zane K Quible System. Interrelated procedures necessary to achieve a well-defined goal. Procedure. Related method necessary to complete work process. Method. Specific clerical or mechanical operations or activities Question: What is the difference between procedure and method? Question
Premium Flowchart
& Delivering On-the-Job Training Design Steps The quality of any training effort is based largely on whether it is thought through and planned before any action is taken. A simple five step process‚ representing the basic instructional design principles‚ can help ensure success. Training Location Leaders are expected to have a basic knowledge of these steps and apply them to the training activities they conduct. This does not mean that each time you conduct OJT with an employee some formal design
Premium Skill Learning Motivation
grammar checker service will help you get an online grammar check done that will help you have a flawless copy. After all‚ who loves bad grammar? A grammar checker‚ in simple terms‚ is a computer-generated program which helps in correcting grammatical errors made during writing a document. It may be a part of a bigger program‚ for instance a part of word documents or power point presentations‚ or it may independently be used as all together different software. The history of grammar checker The first
Premium Grammar Linguistics Word processor
Bank Primary Function: The primary functions of bank are also knowns as banking functions . They are the main functions of a bank. Accepting Deposits SAVING DEPOSITS An persone can open an saving account by keeping a minimum deposit amount. Procedure Following documents to open a bank account: 1. Address proof 2. Identity proof 3. Photograph 4. Introducer For address and Id proof you can use your driving license or passport or ration card. Most banks expect you to bring a friend or relative
Free Cheque Bank Money
Auditing procedures: Five assertions: 1. Occurrence: Define: transactions and events that have been recorded have occurred and pertain to the entity. Explain: sales and purchases shown in the income statement belong to the company and are real‚ that is they actually took place. 2. Completeness: Define: all transactions and events that should have been recorded have been recorded. Explain: all the individual transactions making up the balances in the income statement are recorded; no sales
Premium Expense Revenue General ledger