(LIT1 Task 1) Sole Proprietorship: This is a type of business is where the business and the owner are one in the same. Sole proprietorship has its advantages and disadvantages just like every form of business. Sole proprietorship is one of the easiest types of business to create. You as the owner can name‚ organize and carry the business as far as you dream of it going. Sole proprietorship also can have risks; as the owner you cannot bring others into the business‚ so the responsibility of
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Leadership Qualities Leadership is defined as “a process whereby an individual influences a group of individuals to achieve a common goal” (Northouse‚ 2007). Managers‚ supervisors‚ and team leads are given the authority to accomplish certain tasks and objectives‚ however this power does not make a person a leader. This assigned authority only means that this person is “the boss.” Leadership differs in that it makes the followers want to achieve goals rather than bossing people around (Rowe‚
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310.1.2: Organizational Forms Task A SOLE PROPRIETORSHIP: This is the most common form of business as it is owned by one person‚ so there is no distinction between the business and the owner. Liability – Because there is no distinction between the business and the owner‚ all liability falls on the owner/sole proprietor. If the business fails‚ both personal and business worth and assets are at risk as they are the same. Income Taxes – Filing for income taxes are an advantage as the owner
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will be used during plan execution. FXT2 Enterprise Continuity Plan A2. Resilience Layers • The resilience layers provide a framework that allow for a entity to recover from a serious emergency or catastrophic event when properly planned for. • The 6 resilience layers are as follows: • Strategy • Organization • Processes • Data/Applications • Technology • Facilities/Security FXT2 Enterprise Continuity Plan Resilience Layer Strategy • The strategy layer sets the scope for addressing emergency/catastrophic
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CYPOP5 Task 1 As a home based childcare provider there are legislations that I work to that are put in place to ensure your child gets the upmost care whilst in my care. There are many legislations‚ these are the ones I feel are most relevant: Children Act (2004 and 1989) The Children Act 2004 amended the Children Act 1989 mainly in response to the Victoria Climbe inquiry. The Children Act 1989 was the first acknowledgment in UK Law of children’s rights encapsulated by the phrase ‘the needs
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The relationship between marginal revenue (revenue generated by increasing product sales by 1) and marginal cost (the cost in producing that 1 extra product) is important to a business in terms of profit maximization. A business reaches maximum profit when there is equilibrium between these two numbers. An imbalance on either side will result in a decrease in profit. Profit maximization in terms of total revenue to total cost shows that the maximum profit is achieved when the distance between the
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using another employee’s password should be discussed. Along with how doing so would be in violation of company policy and the HIPAA Privacy Act. Disciplinary action should also be discussed. B. Criminal Liability A situation from Montana Code 41-1-402 that may result in criminal liability to the organization if not followed correctly is (d) which basically states that a minor may consent to health care
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References: Barrett‚ D. (2012‚ December 29). Christians have no rights to refuse to work on Sundays‚ says Judge. The Telegraph. [Co.]. p.1 Civil Rights Act (1964). Retrieved from www.ourdocuments.gov on April 23‚ 2013. Constructive Discharge. Retrieved from www.tislaw.com on April 20‚ 2013. Digest of EEO Law. Retrieved from www.eeoc.gov on April 20‚ 2013. Employment Law. Retrieved from
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BYP 1-6 ACC 349 Cost Accounting Instructions | | (a) | Who are the stakeholders in this situation? | | (b) | What are the ethical issues involved in this situation? | | (c) | What would you do if you were Wayne Terrago? | | | (a) The stakeholders in this situation would be the vice-president of finance‚ the president of Robbin Industries‚ Wayne Terrago‚ and the users of Robbin Industries’ financial statements. Each of these stakeholders will be affected by any choices
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http://www.dnaindia.com/analysis/standpoint-gender-stereotyping-in-indian-recruitment-advertising-1994209 Rationale: For my written task 1 I have decided to write an opinion column based on the topic “Gender Inequality” to the public and the readers with the writing style of the author. I chose to write an opinion column from an article which talks about how woman are showed unimportant compared to men in advertisements. I chose to write on this topic because I feel that gender inequality is a major
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