Section2 (P2): Explain the difference between capital and revenue items of expenditure and income. a): Capital income: Capital income is income generated by an asset over time‚ rather than from work done using the asset. If a farmer buys land for a certain amount of money and sells it at a profit after one year‚ the difference in the prices is capital income. Capital income‚ also known as capital gains‚ can only be realized after an asset is sold. In contrast‚ if an asset is sold at a lower price
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P2-Provide a concise historical account covering the 19th‚20th and 21st centuries‚ describing the origins of public health in the UK and showing your knowledge of key people‚ reports/papers and laws. 19TH Century: John Snow (1813-1858) John Snow was the ‘Founding Father’ of public health. He succeeded Edwin Chadwick in his role in public health administration. He is also considered one of the founders of modern epidemiology for his work in identifying the source of a cholera outbreak in 1854
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Unit 6 – P2 In sport there can be certain reasons as to why people are unable to in sport‚ cultural‚ social‚ historical‚ economic or educational. These barriers are referred to as barriers to participation. Culture barriers are linked to different nationalities‚ beliefs and religions. There may be rules and views on who should participate in sport. Some religions do not allow women to participate in sport altogether‚ others allow participation if they wear clothes that cover the whole body. In
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Food Safety Health and Safety at Work Act 1974 The Health and Safety at Work etc. Act 1974 provides the legal framework in Britain to promote‚ stimulate and encourage high standards of health and safety for people at work and protection for others‚ members of the public‚ against risks that arise from work activities. Employers must make sure that: -Safe plant and safe systems of work -Safe handling‚ storage‚ maintenance and transport of work articles and substances. -Necessary information
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P2-Explain the implications for the business and stakeholders of a business operating ethically. In this P2 task‚ I will be explaining the implications that Primark’s unethical practice has on itself and on its individual stakeholders. I will start of by introducing Primark’s 7 main stakeholders are and I will also explain how each of these stakeholders is affective by Primark unethical activities. I will now discuss how these stakeholders are affected positively or negatively by Primark’s unethical
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TASK 2: Stakeholder is a person or a group who are inquisitive and focused on business. It could be anyone such as an individual‚ bank‚ customer‚ and employee. They also include owners who are focused on how much money the business makes. P2: Marks and Spencer‚ Emaar: The main stake holders for Marks and Spencer are the owners‚ banks‚ suppliers and the customers. The stakeholders for Emaar are the suppliers‚ government‚ trade unions and the owners. The owner are people who own the business and
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P2) For this task I will start of by explaining the difference between capital income and revenue income and the difference between capital expenditure and revenue expenditure. I will then have a short table which will state what would go inside both capitals and revenues. Firstly I am going to talk about what capital income is. Capital income is usually the money which is used to invest by the owner of the business from there start-up cost. An example of capital income would be sales of shares
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The Cell P2 – Describe the four main tissue types in the body Inside the body‚ there are four mains types of tissue which include the Epithelial‚ Muscular‚ Nervous and Connective. Tissues are known as groups of cells which have a certain structure to retain a specific job. Epithelial Tissue covers the body surface and forms the lining for most internal cavities. It protects our insides‚ it’s known as the skin. It also absorbs in the intestinal lining and stomach‚ otherwise known as the gut. It
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Unit 1 – P2 – Business Stakeholders Stakeholder Explanation (definition in own words) What the stakeholder wants from Tesco What the stakeholder wants from Oxfam Customers Customers are the people who come to a business for goods/services they want. This is not always for payment. The customer can be another business or an individual. Customers expect the basics from the business which are Value for money‚ product quality etc. Customers would want e.g. Tesco. To have reasonable prices for
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Know how legislation‚ guidelines‚ policies and procedures promote health‚ safety and security P2‚ M1 Legislation and Guidelines Health and Safety at Work Act 1974 (HASAWA) The UK has one of the lowest accident rates in the world. This act is one of the main reasons for this. Legislation over the last 30 years has helped bring about significant improvements in health and safety in the workplace‚ including a reduction of fatalities of nearly 2/3 since the act was introduced. However even now
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