* Identify the generic strategy adopted by a product or division of your firm and also a major competitor. Attempt to justify your answer by comparing with the industry average benchmarks (Price and Cost data). * Draw a value chain of your firm‚ mentioning key points of functional fit/ misfit with the above generic strategy. E.g. how will Operations /marketing support the identified strategy. Make recommendations for any change needed. ------------------------------------------------- 1a
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L.O 1.1: Identify the different reasons people communicate “Communication is an essential part of working with other adults and children in the early year’s sector” Tassoni‚ Beith Bulman‚ Griffin (2010) We need to communicate with others in order to be able to successfully carry out daily activities‚ especially in the work place. This can be done in many different forms and have positive and negative effects. Being aware of these forms and implementing them is vital when working with young
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personality. Some people are introverts and others are extroverts. Some people are lazy and others are perfectionists. It is important to know your personal identity so that you know your likes and dislikes. It is important to develop your personal identity so that you can know what your talents and skills are. I am a middle child in my family. I have one older brother as well as two younger adopted sisters. Me and my brother normally get along well. My brother is in the Philippines right now‚ but when
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Unit 051 Outcome 1 1. The reason than people communicate * To build relationships with others‚ this can start with a greeting to engage an individual in a setting. This could be a smile‚ a wave‚ a hello and an introduction * Gaining‚ sharing or seeking information from others. This will help the way people interact and work together. * Control‚ by giving instructions or orders. * Social interaction is the main purpose of communication‚ and the interaction with others is how we maintain
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While the terms e-business and e-commerce are often used in the same context there is a difference between the two. E-commerce generally refers to financial transactions that take place on the Web‚ whereas e-business refers to all types of transactions over the Web. The use of the Web‚ or Internet‚ is perhaps one of the greatest changes in business practices today. "The transforming power of this mode of business extends far beyond the obvious points of convenience for the customer and cost savings
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The recent rash of ethical misconduct in the new millennium has created public mistrust and has become a major concern in the business arena. For example‚ accounting scandal‚ insider trading‚ falsification of documents‚ false advertisement‚ bribery‚ just to name a few‚ are significant indicators of the state of ethical behavior. Ethical misconduct does not exist in the business world alone. Government politician are part of corrupt picture also. Just imagine being part of the highest organization on
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Responsible Accounting 1. Identify at least two behavioral that could arise There are two potential behavior advantages if manager accepts and participate in the responsibility accounting system and participatory budgeting system. Responsibility accounting is used to measure the performance of people and department to foster goal congruence whereas‚ participatory budgeting system is a budgeting process under which those people impacted by a budget are actively involved in the budget creation process
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4) Why are financial markets important to the health of the economy? A financial market is a market where people and organization can trade financial securities and commodities at prices according to the supply and demand. Example of securities are stocks and bonds‚ and commodities include properties or valuable assets. A market holds interested buyers and sellers‚ including households‚ firms‚ and government agencies‚ in one place. Financial markets helps the raising of capital‚ the transfer
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Unlock your Hip Flexors and Reclaim your Health & Fitness Hectic schedules‚ advancement of technology and extended working hours takes a toll on the health and lives of many people living in urban areas. Mounting this further‚ long hours sitting and working desk jobs just accentuate the problem. The biggest risk of the desk jobs and extended hours is the health hazards that can creep up in long run in the form of back aches‚ spinal injuries‚ lesser flexibility etc. As per the researchers‚ more and
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Most Significant Battle World War Two consisted of many battles that each impacted the war is a significant way. These battles included the one at Pearl Harbor‚ Midway‚ Guadalcanal‚ Iwo Jima‚ France‚ Britain‚ Bulge‚ Stalingrad‚ Normandy Invasion‚ and Leyte Gulf. The Battle of Berlin‚ however‚ was the battle that ended the war and brought peace to the world. Not only did it significantly affect life during World War Two but has since been significant in today’s world. The battle was fought in Berlin
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