ECONOMICS AND BUSINESS ENVIRONMENT 1.1) Economic activity and economics (Pp. 14-16) Prosperity: The ready availability of goods and services to fulfil needs. Resources: Land‚ labour and capital. Scarcity: The excess of human needs over what can be produced. Economic activity: occurs when people (consumers‚ managers) make choices to maximise their prosperity using scarce resources. The Science of Economics: is concerned with the study of economic activity. This field is complex
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different forms of tax‚ but I will be talking to you about corporation tax: Corporate tax This changes depending
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Unit 1 The Business Environment Section 1 P1: Describe the type of business‚ purpose and ownership of two contrasting businesses Revlon Colorstay Foundation The product I have chosen is Revlon Colorstay Foundation. Foundation is a skin colored cosmetic to cover imperfections and create an even complexion. There are many different types of foundation such as liquid‚ powder‚ tinted moisturizer
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GAWAD KALINGA A Research Paper Presented to Professor Alex Lazo Department of Social Sciences and Humanities San Beda College In Partial Fulfillment Of the Requirements in SOCAN Sociology and Anthropology in the Philippine Business Environment Presented by: CALING‚ Michael Allan M. _______ ------ ------- _____ March 2‚ 2011 GAWAD KALINGA Gawad Kalinga (GK)‚ which means to "give care" in Filipino‚ is officially known as the Gawad Kalinga Community Development Foundation
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the local business environment in the Leicester. My chosen business is eastern European restaurant. Product Market This restaurant will be aimed at a niche market for European people who live in Leicester. They are a lot of people from Eastern Europe like Poland‚ Latvian‚ Lithuanian and it will help to me make a profit. I look for European public‚ because I see there are lots of Asian restaurants in Leicester and not many European. Sector and industry changes This business falls into
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19/08/2013 ECONOMIC ENVIRONMENT OF BUSINESS ASSIGNMENT WILL BIDDEFORD’S TRAM MAKE A RETURN? Question 1 The central focus of this case is how Biddiford Tram Company‚ under the management of Mary Jo and Marty‚ can increase revenue and become profitable given the business constraints it must operate under‚ namely; (a) Loss of $0.15 subsidy per passenger from the State of Maine (b) Not increase the price of tram fare above $2.00 for two years and subsequently not above the rate of inflation
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Work in a Business Environment CU745.1 By working within a team and being a team player means that each individual within that group has the support of their other colleagues. By being able to support your colleagues helps to balance the strengths and weaknesses within the group. This helps make the team a more efficient and effective by providing an environment where support is readily available and individual skills can be utilised. For individuals working where support is readily available
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as well as other procedures. 1.2 Explain the purpose of planning work and being accountable to others for own work The purpose of planning before attempting any work is to create a realistic time frame in which you wish to complete the work to a good/high standard and if you’re an employee‚ the employer has a right to check if work is up to standard 1.3 Explain the purpose and benefits of agreeing realistic targets for work The purpose for agreeing realistic targets for work is to keep
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Understand how homeostatic mechanisms operate in the maintenance of an internal environment Homeostasis is keeping the body balanced to allow cells to function‚ despite external environment. Homeostasis is important because the cells‚ blood and tissue fluids can change by slowing down or even stop a vital chemical reaction. Its aim is to keep the body to stay the same‚ at a normal condition. Negative feedback is when change is detected; there are steps when change is detected to get it back
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The teachers should help the students in selecting any one element of the following: 1. Changes witnessed over the last few years on mode of packaging and its economic impact. The teacher may guide the students to identify the following changes: a) The changes in transportation of fruits and vegetables such as cardboard crates being used in place of wooden crates‚ etc. Reasons for above changes.b) Milk being supplied in glass bottles ‚ later in plastic bags and now in tetra pack and through
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