Task 1 Describe the type of business‚ purpose and ownership of two different businesses. Describe the different stakeholders who influence the purpose of the two different businesses. Intro Examples of two types of businesses that are different from each other are Kings Oaks Academy and McDonald. There are two types of sectors; private sector and public sector‚ and different ranges of ownership: local‚ national‚ international‚ and global business. Businesses also falls under 3 sector which
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Functional Areas of Business There are many functional areas in business. In fact‚ each function has a manager role that helps with “coordinating and overseeing the work activities of others so that their activities are completed efficiently and effectively” (Robbins & Coulter‚ 2012‚ p. 8). Three of the functional areas are Marketing‚ Operational Management‚ and Accounting. With regard to areas in business‚ there are also functions in management that all areas follow. These functions consist of
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The Holy Cross The holy cross is a very important and very familiar symbol in the Christian faith. The cross that hangs against the red brick wall in the main sanctuary of my home church (A.P. Shaw United Methodist) has aroused my curiosity since I was a child. As long as I can remember this enormous wooden cross has hung there overlooking the congregation as if Christ himself was keeping watch. Directly beneath the cross is an altar holding a Holy Bible‚ candles‚ a prayer
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Cross-docking - System limited inventory costs and decreases lead time by decreasing storage time. - Difficult to Manage: 1. Distribution centers retailers‚ and suppliers must be linked with advanced information system to ensure that all pickups and deliveries are made within the required time windows. 2. A fast and responsive transportation system is necessary for cross-docking system to work. 3. Forecasts are critical‚ necessitating the share of information 4. Cross-docking strategies are
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Personal and Team Effectiveness PERSONAL AND TEAM EFFECTIVENESS Values and beliefs The main characteristics in health care organisation are values and beliefs. Values and beliefs in a health care organisation teach us many things. it teach us how to behave with one other in a team at work. When working in a team team members have to co-operate with each other. There should be good communication among team members. Each team members has different strength
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What gets rewarded gets done A Psychological and behavioral explanation The nature of human behavior is‚ humans do things to satisfy their unmet needs in some way or the other. These needs may vary from the very basic such as hunger to reach the greater heights of life. Whatever it may be‚ when he realizes that some actions he takes lead to satisfy his needs‚ he tends to do them in a superior way‚ expecting the satisfaction of his needs in a greater manner. On the other hand‚ if a person perceives
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association of the parent’s low functional health literacy level and a child health outcome is reliant on the caregiver’s ability to identify the child’s condition and immediately manage the adolescent’s medical needs. This responsibility of an adult to implement the necessary tasks of administering the correct amounts of medication‚ promoting adequate nutrition‚ and providing sufficient safety is further exacerbated by the common barrier reflected in the parents low functional health literacy levels. Studies
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invest in work; it is important that working as a team will allow work to be completed to a high standard using effective and efficient ways of work practice. When trust exists in a business‚ almost everything else is easier and more comfortable to achieve. Trust is crucial to productive workplace relationships. Building trust is a win-win situation‚ the employee gains from feeling valued and a sense of importance‚ respected and trusted; the team leader gains from having a happy workforce‚ the
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CROSS ELASTICITY In economics‚ the cross elasticity of demand or cross-price elasticity of demand measures the responsiveness of the demand for a good to a change in the price of another good. It is measured as the percentage change in demand for the first good that occurs in response to a percentage change in price of the second good. cross elasticity for substitute products The change in the demand for a product due to the change in the price of the substitute product gives a positive value
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marked formatively throughout the programme. Theory Assignment Name: Anne Rawlings Date: 13/02/2011 1. Evaluate a range of ways to embed elements of Functional Skills in your specialist area. (Recommended word count 300 – 400 words.) Standards for numeracy include interpreting information‚ calculations and interpreting and presenting results. Reading‚ writing‚ speaking and listening are the standards for literacy. Included in ICT standards are the inclusion of finding and selecting information
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