COMPLAINTS CONCERNING DELIVERY As a Purchase Manager of GP write a complaint letter to the Sales Manager of XYZ Stationers‚ pointing out the damaged items sent to you by the supplier. A)Complaint concerning damaged goods Dear Sir Our order no bd-789 We ordered 890 compact discs on 7July and they were delivered yesterday. I regret that 45 of them are damaged. The package containing them appeared in perfectly good condition and I accepted and signed for it without question. It was on unpacking
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Homework #1 PAQ p.34 3. Adam Smith‚ who is also considered to be the "father of modern economics‚" believed that self-interest in one’s business and it’s profits would trickle down and help the overall community’s economy. That is what they called the invisible hand‚ when one’s goal of self-profit actually helps the community. The creation of jobs‚ and the contribution of your product or service to the community are examples of how a seemingly selfish business move is actually helping others
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Chapter 1 Solutions to Practice Questions Questions for Review 2. The opportunity cost of seeing a movie includes the monetary cost of admission plus the time cost of going to the theater and attending the show. The time cost depends on what else you might do with that time; if it’s staying home and watching TV‚ the time cost may be small‚ but if it’s working an extra three hours at your job‚ the time cost is the money you could have earned. 4. Policymakers need to think about
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------------------------------------------------- UNIT 1: THE BUSINESS ENVIRONMENT ------------------------------------------------- P3 & P4 GUIDANCE CRITERIA: P3: DESCRIBE HOW TWO BUSINESSES ARE ORGANISED P4: EXPLAIN HOW THEIR STYLE OF ORGANISATION HELPS THEM TO FULFIL THEIR PURPOSES ------------------------------------------------- CONTENT: ------------------------------------------------- ------------------------------------------------- ORGANISATIONAL STRUCTURES:
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* What are profits? diff. b/w rev.& expenses * Factors of Production The resources that a country’s businesses use to produce goods are called * A planned economy relies on a centralized government to Control all or most factors of production * Communism and Socialism—2 most basic forms of planned economies are * Capitalism—economic system provides for the private ownership of the factors of production and also encourages entrepreneurship by offering profits as an incentive
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Neo-liberalism is responsible for most of the global economic problems we are experiencing today. Discuss. The US subprime mortgage crisis triggered a global economic crisis‚ which brings serious challenges around the world. As for the cause of the crisis‚ except for imperfect financial regulation‚ the real estate bubble and the overcapacity of global economy‚ the neo-liberalism is undoubtedly to blame. Nowadays‚ neo-liberalism refers to the economic term of legislative market reforms such as deregulation
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Business Resources Natalie-Andrea Ashe 7/1/2014 40055161 Business Resource P1- describe the recruitment documentation used in a selected organisation. P2- describe the main employability‚ personal and communication skills required when applying for a specific job role. P3-describe the main physical and technological resources required in the operation of a selected organisation. M1-explain how the management of human‚ physical and technological resources can improve performance
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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). Four main points that would be included in a contract of employment: Employer’s name: The name of the business you will be working for. (The restaurant group - Chiquito) Main place of work: This is usually the
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/SOCIAL SCIENCE X / Class – X 3 Time allowed : 3 hours SS2-080 90 Maximum Marks : 90 (i) (ii) (iii) 1 11 10 31 1 3 80 22 (iv) 23 30 5 120 (v) 31 4 General Instructions : (i) (ii) The question paper has 31 questions in all. All questions are compulsory. Questions from serial number 1 to 10 are Multiple Choice Questions. Each question carries 1 mark. (iii) Questions from serial number 11 to 22 are 3 marks questions. Answer of these questions should not exceed
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1 CHAPTER ONE: ACCOUNTING IN BUSINESS Chapter Outline I. Importance of Accounting—we live in the information age‚ where information‚ and its reliability‚ impacts the financial well-being of us all. A. Accounting Activities Accounting is an information and measurement system that identifies‚ records and communicates relevant‚ reliable‚ and comparable information about an organizations business activities. B. Users of Accounting Information 1. External Information Users—those not directly involved
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