Understand how to plan and prioritize work and be accountable to others. 1.1 Explain the purpose and benefits of planning work‚ and being accountable to others for own work. Planning work is very important for managing time and performance this is achieved through prioritizing and organizing work. Planning is an essential skill for ensuring efficiency and success in your job.
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Case study: Interpret market data Submission details Candidate’s name Phone no. Assessor’s name Phone no. Assessment site Assessment date/s Time/s The assessment task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor. Submit this document with any required evidence attached. See specifications below for details. Performance objective The purpose of this assessment task is to demonstrate skills and
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Definition of marketing The management process from when the goods or services go from the concept to the customer. It bases on four major factors‚ the 4p’s 1. Product 2. Price 3. Place 4. Promotion Marketing is all based on marketing what the customer wants or needs and what is going to make you want that specific product more than any other one. A normal business process is consisting of a tightly integrated effort to discover‚ create‚ arouse‚ and satisfy customer needs. http://www
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Situation 1: The motorcycle helmet market has 13 companies‚ and four firm concentration ratio of 26%. While the helmets have a variety of designs‚ they are sold at very similar prices. Recently‚ the death rate from head injuries in motorcycle crashes has been rising. The producers advertise their helmets as “effective‚” but some helmets withstand most falls and others are produced with materials that are more likely to crack in commonly experienced falls. The weaker helmets cost about $8 less to
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Market Potential A market potential is an estimate of the maximum possible sales opportunities for a commodity or group of commodities open to all sellers in a particular market segment for a stated period under consideration Before going to the stage of establishing market potential‚ commodity grouping must be established in such a way that the individual commodities concerned are uniform with respect to the demand function. Since most products do not greatly differ from others‚ consumers
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A market place is the place spread out in a specific area‚ where a variety of goods of daily requirements are available for purchase by customers. There are an umpteen number of markets all they catering to the daily requirements of the public‚ and they are placed close to residential areas for the convenience of the customers. I had heard a lot about a market called Chandni Chowk in Old Delhi but had never seen it. Once this year‚ in the month of October‚ on the occasion of my sister’s marriage
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KYAMBOGO UNIVERSITY FACULTY OF SCIENCE DEPARTMENT OF CHEMISTRY COURSE; BACHELOR OF ENVIRONMENTAL SCIENCE TECHNOLOGY AND MANAGEMENT. COURSE UNIT; CONSERVATION AND SUSTAINABLE DEVELOPMENT(EST:223) TASK; ASSIGNMENT LECTURER; Ms. KATHUNGU SEMESTER; TWO‚ YEAR TWO NAMES REGISTRATION NUMBER SIGN
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Topic: Financial Markets A financial market is a market in which people and entities can trade financial securities‚ commodities‚ and other fungible items of value at low transaction costs and at prices that reflect supply and demand. Securities include stocks and bonds‚ and commodities include precious metals or agricultural goods. There are both general markets (where many commodities are traded) and specialized markets (where only one commodity is traded). Markets work by placing many interested
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DFS Business Performance Management presentation – Speech COLOUR CODE: HAMZA Lester BAM MATT BEN Slide 1: Title Slide + Company Background Ban introduces everybody) Today our group Hamza‚ Lester‚ Matt‚ Ben and me will do a presentation about DFS’s performance management. Now let Ben introduce about the DFS Company. As a business DFS is in relatively good shape as it is a rapidly growing business‚ and is by far the largest food supply and distribution company in the North East. However
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WORK Work: An Ontological Presupposition of Essence of Social Being Many social theorists and intellectuals have argued that since his existence as a social being‚ man is continuously involved in the process of evolution. Throughout history certain countries and civilizations have glittered for a while‚ then for one reason or another been eclipsed If we observe the stage when man invented fire until contemporary so-called modern world‚ the notion of “work” is attached with
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