REASONS FOR USING MATHEMATICS IN BUSINESS There are so many factors that contribute to the success of business enterprise in order to achieve its intended goals. However‚ the use of mathematics is paramount as far as business success is concerned. Therefore‚ in my essay‚ I am going to discuss the reasons for using mathematics in business enterprises focusing on areas of business investments‚ budgeting‚ product pricing‚ sales forecasting & monitoring and business analysis. Firstly‚ mathematics
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Evaluate the effectiveness of the regulatory regime in a selected market of your choice In this task I will be evaluating the effectiveness of the regulatory regime in a selected market; I will be doing this by identifying a market or industry in the UK business market and researching on the existing regulatory regime governing that particular market. I will also analyse critically how effective it has been implemented and if it is achieving its purpose. I will also discuss its successes and failures
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Legal Structure of Business Organisations Sole Traders General Partnerships Limited Patnerships Limited Liability Partnerships Companies Key Legislation General Law of Contract Partnership Act 1980 Limited Partnerships Act 1907 Limited Liabity Partnerships Act 2000 Companies Act 2006 Liability Unlimited Liability Each Partner jointly and severally liable Limiteed Liabiliy for limited partners and unlimted liability for general partner Limited to the amount tas they have agreed Depending
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Ratio analysis Debt ratio Debt ratio (2006-2007) = Total liabilities / Total assets = 10‚170/12‚064 = 0.84 Debt ratio (2007-2008) = 9‚210/11‚769 = Debt ratio (2008-2009) = 10‚003/11‚229 = Debt ratio (2009-2010) = 11‚043/12‚537 = Current ratio Current ratio (2006-2007) = Current assets / Current liabilities = 3‚424/4‚790 = 0.71 Current ratio (2007-2008) = 2‚164/4‚498 = Current ratio (2008-2009) = 1‚326/5‚389 = Current ratio (2009-2010) = 2‚697/6‚085 = Return on sales (ROS) Return on Sales
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Interpretation of the Ratios 1) Current Ratio-It is a test of solvency or of short-term financial strength of a concern. It is an index of working capital and shows the ability of the concern to meet its obligations and also the capacity to carry on effective operations. Generally‚ if current assets are twice that of current liabilities‚ the concern’s working capital position is considered to be satisfactory. 2) Quick Ratio-It shows the amount of cash available to meet immediate payments. Stock-in
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Business is an organisation involves in trading activities of goods or services or both. Business can be a profit organisation or a non profit organisation. There are three types of profit organisation in business. First type is Merchandising Business which involves purchasing and selling the products that they purchase. They do not manufacture the products. Example of this business is Parkson‚ who purchase clothings‚ toys and other products from various manufacturers and then sell in their department
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which guide the way people behave in a society or in an organisation. Culture at the level of an organisation is referred to as organisational culture‚ and culture at the level of a society is referred to as national culture. Organisational culture refers to an organisation’s own values‚ beliefs and learned ways of doing business. This is reflected in its structure and in the people who work in the organisation. The culture of an organisation is derived from its aims and purpose‚ its past‚ its present
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research basis of conducting it and the purpose of the research and it significance‚ and what are the scope and limitations of the system. The Institute of Information and Communication Technology of Isabela State University Echague Campus is now facing problems with regards to monitoring the attendance of the students during school’s activities. Most of the time students are required to attend to all activities as required by the university and the institute itself. But as early days experience
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library and peer-reviewed sources‚ search the UoL online library databases appropriate for your programme for one peer-reviewed article that you could use to support your argument and response to the Discussion Question. Analyse the article you selected for the following aspects of scholarly argument and academic originality: How clear is the argument? How is it organised? How does the author present his or her original ideas to the reader? How and where does the author incorporate outside evidence
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Ethical Judgments on Selected Accounting Issues: An Empirical Study ABSTRACT. This study investigates the judgments made by accounting majors when confronted with selected ethical dilemmas that pertain to accounting practice. Drawing upon literature in philosophy and moral psychology‚ it then examines these judgments for potential gender differences. Five case studies‚ each involving a specific ethical dilemma that a practicing accountant might face‚ were administered to 151 acounting
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