D1 - Unit 4 – Evaluating the appropriateness of business information used to make strategic decisions. Long term decisions are very useful as they help the business to manage the money they possess efficiently and also give them a sense of direction and where they aspire to be in the long term which could be financially. Secondly when there are long term goals and targets set by the business the workers then have that sense of responsibility which is to produce the best possible work they could offer
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D1- Evaluate the appropriateness of business information used to make strategic decisions. Strategic decisions are the decisions that are concerned with whole environment in which the firm operates the entire resources and the people who form the company and the interface between the two. In this task I will talk about the appropriateness of business information used to make strategic decisions. Having correct information before you make a decision that affects the whole company is vital for the
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Certificate IV in Marketing PROJECT ASSESSMENT TYPED REPORT UNIT COVER SHEET BSBMKG408B - CONDUCT MARKET RESEARCH Student name Ameerah Baboolall Student No: 07849 ASSESSOR’S NAME AND TEACHING AREA: Certificate IV in Marketing I agree that the attached submission is my own work or the work of the group. I have kept a copy of this assessment I understand that my assessment may be selected for use in the College’s moderation audit processes‚ to ensure
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Questions: 1. Explain how Marketing affects the outcome of the financial equation: Sales-Expense=Profit. What risk the company might be facing in this equation with regards to marketing? Expound on the importance of marketing in sustaining business growth. (5 points.) In the equation‚ Sales-Expense=Profit‚ activities done in Marketing can be said or considered as marketing expenses that includes advertising costs‚ promotions‚ PR events and Marketing Research costs (e.g. FGD‚ etc.). Through
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Unit 5 Introduction to Accounting D1 Recommend and justify actions a business might take when experiencing cash flow problems. When experiencing cash flow problems there are a few recommendations to make‚ these problems include: • Being overdrawn on consecutive months. • Having too much money • Difficulty in predicting costs When being overdrawn on consecutive months you should look to cut back on immediate expenses such as insurance‚ suppliers‚ rent and employees. You could
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Unit 4 M1+D1 Discuss the nature-nurture debate in relation to the development of an individual The nature- nurture debate refers to the processes that we grow and develop. Nature implies that we develop certain aspects because we are genetically supposed to. However‚ nurture implies that we develop because of our surroundings‚ what we learn and influence from our role models. For the infancy stage nature could be seen as responsible for the developing of the child. The chromosomes from both the
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Task 4 (D1) Qu6. Analyse the need for selecting the different voltages used for different parts of the generation‚ transmission and distribution systems drawn for Qu.5. Back in the 1800’s Thomas Edison had a vision to power the whole of New York using DC (direct current) that he developed‚ this idea was brilliant‚ but had one set back. A power station was needed every mile due to D.C. only flowing in one direction. This wasn’t a very practical form of electricity or cost effective‚ another idea or
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I have been set the task of (D1)”making a recommendation for a business/organisation considering going online”. The business that I have chosen is John Lewis. The aims and objectives of John Lewis are to: • Make profit to sustain its growth • Deal with its customers honestly • Contribute to the community • Conduct business relationships with integrity To achieve profit in an online environment they could create a website that allows people to browse through products‚ to also allow delivery
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Unit 4‚ D1‚ Evaluate the appropriateness of business information used to make strategic decisions. Introduction: In this task I will be evaluating the appropriateness of business information used to make a strategic decision. In this part of the task I will be focusing on Tesco business. I will be talking about the importance in strategic decisions within Tesco and how they use the decisions for their business. Also I will be evaluating how the strategic decisions affect the financial performance
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UNIT 4: BUSINESS COMMUNICATION Assignment Five SCENARIO Report evaluating the appropriateness and effectiveness of business information used to make strategic decisions and its communication as key contributors to the success of Leicester College. Written by: Praful Pravinkumar Written for : Beverley Lake Submission Date: 23st January 2013 TERMS OF REFERENCE The following is a report evaluating the appropriateness of business information referred to by Leicester College to make strategic decisions
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