Year 10 Revision guide A292 Business and People 1. Explain two reasons why businesses exist - use relevant examples to illustrate your answer. Businesses exist because without them many people would be unemployed because businesses supply many people with jobs‚ this is crucial because it gives money to the workers and enables the workers to pay for there family’s. Businesses exist because create products that are needed in daily life for example “Dell” creates laptops and desktops
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Study Question 1: What is organizing as a management function? Organizing is the process of arranging people and resources to work toward a common goal. Organizing decisions divide up the work that needs to be done‚ allocate people and resources to do it‚ and coordinate results to achieve productivity. Structure is the system of tasks‚ reporting relationships‚ and communication that links people and positions within an organization. Formal structure‚ such as shown on an organization chart
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TOM FORD Executive summary Tom Ford‚ one of the most influential designers in the world‚ can accredit his success to his drive‚ having a vision‚ working hard and taking risks. He dug Gucci up from the ground and created history in doing so. He was born with an innate ability to create and perfect‚ and through his passion he created hedonistic luxury and painfully romantic glamous. He redefined and brought the Gucci Group to success. He had an overwhelming impact on the fashion industry
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The Adventures of Tom Sawyer is a great book to read for anyone who loves classic stories. It is about a naughty boy named Tom doing a lot of mischievous tricks and risky adventures. He has a brother named Sid and a sister named Mary. Aunt Polly‚ who takes care of Tom‚ loves him even though he is a firebrand. Huckberry Finn‚ whose nickname is Huck‚ is Tom’s best friend as well as the partner in all of his adventures. One of Tom’s crazy adventures is when he and his friend were in a graveyard trying
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Recent enhancements to LaundryView®‚ the leading laundry room monitoring system at colleges‚ universities and multi-housing properties‚ have significantly improved the user experience for the visually impaired. The LaundryView site now meets HTML Best Practices published by the State of Illinois and based on recommendations from the Federal Government and the World Wide Web Consortium (W3C). The HTML Best Practices aim to provide functional benefits to the disabled as well as designers and other
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Case 1 question QUESTIONS: 1. In what ways are Hazel’s customers most likely to judge the quality of her lawn care services? 2. hazel is the operation manager of her business. Among her responsibilities are forecasting‚ inventory management‚ scheduling‚ quality assurance‚ and maintenance. a. What kinds of things would likely require forecasts? b. What inventory items does Hazel probably have? Name one inventory decision she has to make periodically. c. What scheduling must she do? What things
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1. A Potential entrants are more likely to be deterred from actually entering an industry when A) incumbent firms have previously been aggressive in defending their market positions against entry. B) incumbent firms are complacent. C) buyers are not particularly price sensitive and the industry already contains a dozen or more rivals. D) the relative cost positions of incumbent firms are about the same‚ such that no one incumbent has a meaningful cost advantage. E) buyer switching
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DEVELOPING GOOD BUSINESS SENSE The three companies that I choose for this project was Burger King‚ Barnes & Noble‚ and McDonalds. I observed how the employees do their tasks. I will discuss the main kinds of OMM costs companies have and how does this affect their OMM operations. Also will be discussing how do companies design their operating systems to give them a competitive advantage. I will identify which five main components of operations and materials management costs and the methods companies
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Developing Good Business Sense: Why Do Operating Systems Differ? Shawna Storm BUS/210 January 27‚ 2013 Justin Philipp Abstract This paper will identify the nature of three different company’s operating systems and explore how differently their employees are organized. I personally worked for these companies‚ therefore‚ I have an inside view of the way they operate. It will also define the main OMM (operations‚ materials‚ and management) costs of companies and how it
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Developing Good Business Sense Jennifer Lapaix BUS/210 February 28‚ 2010 Joanna Gierak The most over looked functions in any successful company is the Operations and Materials Management‚ commonly referred to as OMM activities. Operations are the functions or services that convert the input to a company into finished products and services. Materials management is the process that resources into and out of the operating system. To develop a good business sense you must understand how operations
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