legislation that affect employers in a business environment. • Health and Safety at Work Act 1974 (this act is for everyone because everyone has responsibility for health and safety in the workplace but employer has to give needed training to prevent any accidents) • The Data Protecton Act 1998 (personal data must be accurate‚ data must be securely stored to prevent unauthorised access‚ loss or destruction…) • Copyright‚ Designs and Patents Act 1988 (it limits what can be done with information originated
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different types of business ownership‚ such as being a sole trader‚ in a partnership‚ franchises and limited companies. Sole Trader The advantages of being a sole trader are as follows; They are easy to set up – There are very few complicated forms to fill in and sole traders can set up and run a business almost immediately. They are easy to run – The owner can do what they want‚ when they want‚ without consulting with colleagues‚ as they are 100% in control of the business. Tax advantages
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http://www.michaelmccurry.net/wp-content/uploads/2010/04/Strategy-256x300.jpg Business Strategy Introduction Bruce and Langdon defines business strategy as “A strategy that maps out the future‚ setting out which product and services you will take to the market and how”. The strategy in business helps to achieve the goal and objectives in the company. The strategy for the business provides framework to know where they are positioned in the marketplace and how to keep moving forward. http://www
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Unit one: Principles of personal responsibilities and working in a business environment Section 1: Know the employment rights and responsibilities of the employee and employer 1. Identify four main points that would be included in a contract of employment. If possible‚ use an example contract to support your answer (feel free to obscure any confidential information). Things that has to be included are 1. Employer’s name 2. Employee Name 3. Date of commencement of employment 4. Employee
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Unit 5: Business accounting M1: Analyse the cash flow problems a business might experience. For this task I will be writing to Alan Hall with an analysis of the problems in his cash flow statement. Dear Mr Hall‚ I have made an analysis of your cash flow statement and am writing to you to inform you about all the problems I have identified Trends on the Net Cash Flow balances There are many trends within the cash flow statement such as the constant increase in advertising
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Q UNIT 4 D2: Evaluate the effectiveness of business information and its communication as key contributors to the success of the organisation‚ using examples to illustrate your points. Information and the effectiveness of communication are key to the success (or the survival) of a business. For example‚ the BP oil spill in the Gulf of Mexico in 2010 continues to have serious implications for the business. Introduction Over the last 129 years M&S has grown from a single market stall to become
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Contents 1. What is Costco ’s business model? Is the company ’s business model appealing? 3 2. What are the chief elements of Costco ’s strategy? How good is the strategy? 4 3. What two core values or business principles has Jim Sinegal stressed at Costco? 6 4. How well is Costco performing from a financial perspective? 7 5. What recommendations would you make to Costco top executives regarding how best to sustain the company ’s growth and improve its financial performance? 8 6. Evaluate the recommendations
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Unit13. Recruitment and Selection in Business. Assignment no: 1 Title: Recruitment Planning Introduction In this assignment I will be explaining the process involved in recruiting planning in Tesco and British gas and explain the implications of the regulatory framework for the process of recruiting and selection in the two organisations. Tesco is one of the most established organisations in the retail industry. Tesco has a lot of stores in the UK which ranges from local shops‚ super markets
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CST 151 April 3rd 2013 The 9 Elements of film: The Matrix The Matrix is centered around the main protagonist Neo. Neo is in his late twenties‚ with a nine to five job working at a software company as a programmer. He has always felt something just wasn’t right about the world‚ and he felt it goes further than the injustices of worldwide hunger and war. One late night while coding some not so legal material for a friend he gets a chat request from someone with the sign name of Trinity.
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that are involved within marketing products. These are: Consumer law is a set of laws put together to ensure the customers are all cared for in the right way and prevent the business to perform in a complaint or rough stage within their business. Sales of goods act 1979 The sales of goods act just implies that the business must ensure all their products are satisfactory and they sell goods to their requirements and it must meet the description. Effects marketing activity as needs to be honest
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