You are required to prepare a Business Plan focusing on only ONE of the three options: • PRODUCTION • MARKETING • FINANCE Each aspect has its own Criteria and Mark Scheme. The final submission will be a formally structured report with a word limit of 1000 to 1200 words and please note that exceeding this word limit attracts a penalty. The project will be marked out of 40. THE OPTIONS “What will I choose?” You have learnt that there are four main
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Examine the extent to which practical issues are the most important influence when selecting research methods and a research topic (20 marks) Practical issues are considered to be of most importance when choosing what research method to use. Different methods require different amounts of time and money which may influence the sociologist’s choice as large-scale surveys have to employ dozens of interviewers and staff costing a lot of money where as a small-scale project involving a lone researcher
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Prac Report Problem: How does the increase mass affect acceleration and the force of the accelerating object? Purpose: The purpose of the practical is to find how mass affects acceleration and how it affects also the force of the accelerating body. To do this we are going to do the ticker tape experiment where an accelerating body pulls a tape through a consistent 50 dot per second ticker timer. The acceleration body in this experiment will be a small trolley pulled by a string that is pulled
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INTERNATIONAL ENTRY OPTIONS FOR HORIZONTAL GROWTH When a firm grows internationally it is positively associated with profitability of the firm. There are several options to choose from when entering a foreign market or establishing manufacturing facilities in another country; from simple exporting to acquisitions to management contracts. Some of the most popular options for international entry are as follows: * Exporting: Exporting is the shipping of goods produced in the company’s home
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Practical Activity - Inverse Square Law Covering 3.4 and 3.7 Aim: How is the intensity of light affected by distance? Equipment: Transformer‚ Digital light meter‚ 1 meter ruler‚ banana clips‚ Light bulb Risk Assessment Identify Rating Minimisation Electrocution Low Do not touch leads which are not covered by insulating material and tuck wires not in use safely away‚ make sure PowerPoint is in suitable condition Bright light damaging eyes Low Keep voltage of transformer low‚ 10-12 and
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always followed‚ expected utility will also be maximised. Axioms of decision theory are supposed to be requirements of rationality‚ because it is plausible to show how a perfectly rational person could fail to satisfy one or another of the axioms. EXAMPLE: The continuity axiom states if you prefer A to B and B to C (and thus A to C) there must be some lottery which has exclusive prizes A and C such that you will be indifferent between that lottery and B. Counter: Someone who is risk averse may not
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Should the company implement the proposed employee stock option plan? In a typical stock option plan‚ the employee is offered a specific number of shares which he/she can exercise (buy) at some specified time in the future. The price at which the employee can buy the stock is equal to the market price at the time the stock option was granted (grant price). The employee ’s gain is equal to the market value of the stock at the time it is exercised‚ less the grant price. If the market price of the
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elasticity of demand and practical application. Price elasticity of demand Price elasticity of demand is a measure to show the responsiveness‚ or elasticity‚ of the quantity demanded of a good or service to a change in its price. More precisely‚ it gives the percentage change in quantity demanded in response to a one percent change in price ( i.e. holding constant all the other determinants of demand‚ such as income). Practical application of price elasticity : Practical application of price
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A Practical Guide to Combating Products & Services Summary: This article revolves around the concept of hybrid solutions i.e.‚ combining products and services into innovative offerings to attract more customers and provide superior value to them. The article identifies two basic characteristics of any offering- complementarity (when used together) and independence (used separately) based on which four types of hybrid offerings emerge. These are as follows: i. Flexible Bundle: These bundles
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Practical Book Review of Petersen Text Lori Edwards Azuru Liberty University Summary James Petersen (2007) illustrates an innovative way of communicating in the book‚ Why Don’t We Listen Better? Communicating and Connecting in Relationships. This book is divided into five sections. In part one Petersen (2007) discusses the “Flat-Brain Theory of Emotions” (p. 10-11). This is his way of explaining what occurs when one is overcome with emotions‚ and can no longer communicate with
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