influence the purpose of two contrasting businesses. A stakeholder is anyone with an interest in a business. Stakeholders are individuals‚ groups or organisations that are affected by the activity of the business. There are two different types of stakeholders; internal and external. Internal stakeholders are groups within the business e.g owner/workers and employees. External stakeholders are local and national communities and governments‚ these are groups outside of the business. The key stakeholders
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There are four different forms of a business organization. They are a joint-stock company‚ limited liability company‚ partnership‚ and sole proprietorship. These forms of a business organization were started to help business owners with valuable support to make them profitable and successful. The first form of a business organization is a joint-stock company. Joint-stock companies are comprised of entrepreneurs that will raise the company’s wealth by selling stock shares to investors. There are
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Unit 1 - Assignment 3 Outcomes Task 1 & 2 Pass - Describe the influence of two contrasting economic environments on business activities within a selected organisation Task 3 Merit - Analyse the impact of changes in demand and supply on a selected business Distinction - Evaluate to what extent a selected business is likely to be affected by changes in the economic environment The managing director of Spangles Ltd was looking at some UK economic forecasts which had been given to him.
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In this paper I will compare and contrast different types of accounting. The focus will be on the following types; accrual‚ cash flow and fund accounting. I aim to show the strength and weakness of each‚ how entries are made for each‚ how and if each method handles depreciation‚ how inventory is accounted for and if there any differences between organizations that use a certain method. Accrual accounting is mostly used by organizations that are for profit. Accounts using this method are prepared
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Explain different types of business information‚ their sources and purposes Business information is one of the three main segments of the information industry. The primary forms of business information include: · News · Market research · Credit and financial information · Company and executive profiles · Industry‚ country and economic analysis · IT research · Television Types of business information include Verbal information Verbal communication can either be done face-to-face
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bus * * Checkpoint: Business Organization * Robert Surls In 2005 my aunt left me an inheritance. It was a large sum of money. There was a stipulation to receiving this gift. I needed to invest in a company of my choice. My last employer was a cleaning company and I approached my old employer with a proposition. I and another business partner that I convinced in investing with me would organize a joint-stock company. This was to be a private partnership‚ as well as a limited partnership
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March 2‚ 2011 Lab Report Physical Properties of Two Types of Solids SCH3U0 Maggie Liu Abstract The purpose of this lab is to study some of the physical properties of two types of solids – ionic and molecular. The samples used are sodium chloride (ionic) and camphor (molecular). The physical properties studied are odour‚ hardness‚ melting point‚ solubility in water and solubility in 2-propanol. It is observed that some of the physical properties of sodium chloride are no odours‚ hard‚ a
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task of comparing and contrasting two of the synoptic gospels‚ especially when one is approaching the comparison of the same teaching or incident‚ there are many items to consider. Basic textual similarities and differences can be a factor in completing your task and must be considered very carefully. When discussing the Lord’s prayer and how and when it is seen in the gospels according to Matthew and Luke the reader can tell that some similarities do exist‚ however the two authors have different
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orders with prompt payments. • Owners: In a company it would be the shareholders. Owners are often thought to be the most important stakeholders because they have set up the business and give a lot of time into the company to make it successful. Owners like to see their share of profit increasing‚ and the value of their business rising. • Trade Unions: This is for groups of employees who seek to secure higher wages and better working conditions for their members. • Employer associations: This
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the main ones are Employees‚ Customers‚ Delivery services‚ Contracted Vending Companies‚ suppliers and Contracted Cleaning Companies. Employees- • Employees are important stakeholders in the business as they provide the service to the customer who eats at KFC. Without well trained staff the business would not run smoothly. The interest of the staff would be to make sure they have a secure job and a steady wage. If employees feel they are being treated poorly they will be less enthusiastic towards
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