BU204-01 Macroeconomics Unit 2 Questions: 1. A representative of the American clothing industry recently made the following statement: “Workers in Asia often work in sweatshop conditions earning only pennies an hour. American workers are more productive and as a result earn higher wages. In order to preserve the dignity of the American workplace‚ the government should enact legislation banning imports of low-wage Asian clothing.” Answer the following: (10 points) a. Which parts of this quote
Premium Free trade International trade Wage
Unit 2 P1 Task 1 - Define aims and objectives. (P1) Businesses set aims and objectives‚ so as to be able to measure their progress towards their stated goals for a particular financial term or business period. Aims indicate where the business wants to be in the future‚ whereas objectives set a clearly defined target for the business. In most businesses‚ plans are drawn up for the business to achieve these aims and targets. Aim - is where the business wants to go in the future‚ its goals. It
Premium Marketing Business Management
ss Business BTEC Level 2 Unit 2 – Business Organisation [pic] Name: Date Assignment Handed Out: Date First Draft Due: Date Final Assignment Due: Task One: Business aims & objectives Make a PowerPoint presentation in which you will describe aims and objectives of business organisations (profit-making and non-for-profit) and explain why businesses set them. Your presentation must include the following a. Definition of “aims” and “objectives”
Premium Management Strategic management Marketing
losses when buyers do not purchase the product they sell at prices high enough to cover the costs of production. labor human resource that is used to produce goods and provide services productivity the amount of output that comes from a unit of input references people that comment on a person’s character
Premium Employment Wage
Unit 2 - M3 As mentioned briefly in the previous assignment there’s covert discrimination this is discrimination which is concealed and can go unnoticed this can pose as a problem. I will talk about 3 reasons why promoting anti-discriminatory practice may be difficult. Culture and Beliefs Different cultures and beliefs can have an effect on implementing anti-discriminatory practice. One example of this preventing anti-discriminatory practice is though in a culture saying ’please’ and ’thank
Premium Discrimination Care of residents Nursing home
BTEC ICT Unit 2 – Working in the IT industry Name: Form: 10T Teacher: Contents Task 1 4 Research the characteristics required to work in the IT sector 4 Describe the characteristics and display it in a table. 4 Task 2 6 Create a table with two columns‚ regarding job role and descriptions 6 List the different type of roles that can be found in the ICT sector 6 Describe each of the job roles 6 Task 3 11 Create a booklet regarding ONE job role 11 List the characteristics
Premium Problem solving
Unit 2 M2 In this task I will be writing a letter for a recruitment agent who doesn’t understand about the importance of having skilled staff and I will be also explaining the importance of employability and personal skills in the recruitment and relation of staff in a selected organization. Dear sir/Madam‚ The meaning of employability is a person who is qualified and ready to work. To be employable you require a certain set of skills and knowledge depending on what type of job you’re
Premium Employment
Section 2(d) of the Copyright Act‚ 1957 defines the term “author” in the context of several copyrightable works. Section 2(d) (VI) states that in relation to any literary‚ dramatic‚ musical or artistic work which is computer-generated‚ the person who causes the work to be created shall be the author. The definition in itself doesn’t provide for the legal personality of the author. Imagine a situation wherein a painting app has been created by a robot? Who would be the author here? The person who
Premium Artificial intelligence Computer Human
Unit 2: Business Resources Amy Doherty D3: Benefits & Drawbacks of Variances Variances can be defined as “A measurement of the spread between numbers in a data set. The variance measures how far each number in the set is from the mean.”1 A variance can be adverse or favourable. An adverse variance is when the actual financial figures for a business are worse than forecasted and a favourable variance is when the actual figures are better than budgeted. A budget is an documented
Premium Variance Budget Analysis of variance
and loss account: The purpose of the profit and loss account is to: Show whether a business has made a PROFIT or LOSS over a financial year. Describe how the profit or loss arose – e.g. categorising costs between "cost of sales" and operating costs 2. Explain why it is important for a business to prepare a Profit and loss account: Business keeps various types of financial record to monitor its performance and ensure that taxes are paid. These include profit and loss accounts. A trading‚ profit and
Premium Generally Accepted Accounting Principles Balance sheet Income statement