...P3- Describe how Two Businesses are Organised This report consists of two contrasting businesses’ organisational system. My chosen businesses are Coca-Cola and Ealing, Hammersmith and Ealing, Hammersmith & West London College. Coca-Cola is a large corporation founded in 1886 in Georgia, U.S.A. that specialised in selling non-alcoholic beverages across the world. It owns more than 110 brands and 6 manufacturing sites in Great Britain already. Businesses create Mission Statements, Aims& Objectives and Strategic Plans in order to have a clear view of their future development and so they can follow a specific plan in order to achieve their goals. Coca-Cola’s Mission Statements are the following: * To refresh the world - in mind, body and spirit * To inspire moments of optimism - through our brands and actions * To create value and make a difference everywhere we engage Here are their Aims & Objectives in order to accomplish their Mission Statements & Strategic plans: * Profit - Maximising return to shareholders, while being mindful of our overall responsibilities * People - Being a great place to work, where people are inspired to be the best they can be * Portfolio - Bringing to the world a portfolio of beverage brands that anticipate and satisfy people's desires and needs * Partners - Nurturing a winning network of partners and building mutual loyalty * Planet - Being a responsible global citizen that makes a difference ...
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...P3 – Explain the key components required for client workstations to connect to a network and access network resources. A workstation is a computer focused to a user or group of users engaged in business or professional work. A workstation has larger multitasking capabilities this is because of the additional random access memory (RAM), drives and drive capacity. When building a network, the components used fall into a number of different categories these categories are: Network devices- Network devices are components used to connect computers or electronic devices together so that they can share files or resources for instance printers or fax machines. The devices used to setup a Local Area Network (LAN) are the most common type of network...
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...Introduction In P3 I am going to be talking about the structure and organisation of two businesses. The businesses I’m going to be talking about are Morrison and Make a Wish. First I will be talking about the functional areas of the two businesses. Then what factors influence the developments of internal structures. I will also talk the span of control and interdependencies between the functional areas. Functional Area Functional area is when a employees who share similar skills and knowledge in a certain are put together to form groups, for example the sales and marketing, human resources, finance and accounting, etc. All the people working for each of those departments would be specially suited for that role. Morrisons Functional Areas Human Resources The Human Resources department works with other departments across the functional area of Morrisons. However their main task is staff whether it’s recruiting them or sacking them. Once they employ staff, they need to provide them with the right training so they know what they’re doing. The HR department also plays a big role when it comes to employee health and safety and wages; any health and safety issues have to be followed by all staff or they’ll have to face the consequences. An example of when the HR department has to step in is when employees are not satisfied with their wages; they would need to speak with the HR department about an outcome which would satisfy both parties. Finance The financial department plays...
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... Environmental factors The environment can be a barrier to effective communication. Environmental factors such as the setting, seating arrangements and time can affect the way a person communicates and interacts. However in health and social care there are ways that can solve these factors so that every individual feels that they are confident enough to communicate and interact with health and social care professionals. Many problems can occur with the environment in a health and social care setting that can prevent people from communicating. The physical environment can have an impact on communication in different ways. www.collinseducation.com (assessed on 16/11/14) All health and social care settings can improve the effectiveness of communication in many ways. For example the changes that can be made to the physical environment in a health and social care setting is that poor lighting can be replaced by brighter light so that everyone can see and which will make it easier for people with poor vision to look around the setting. Another change could be putting suitable signs around the setting and posters which are in different languages so that every individual can read information that may be useful to them. The changes that could be put in place for people with hearing difficulties are fitting electronic devices such as induction loop systems and having sound proofing rooms so that background noise can be reduced. Health and social care professionals can provide the best...
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...P3- How businesses are organised. and P4- How the style of organisation helps to fulfil their purposes. My two organisations are H&M (profit-making) and MAA (non-for-profit), as researched in Task 1. The purpose of having an organisational Structure: Division of work: * Division of work is essential in any type of organisation, big or small, everything has to be organised and carried out with care. H&M is a very large international business, therefore a lot needs to be completed and managed, as any ‘slip-up’ could cost the business a lot of money. Dividing up the work between the departments will mean that all the tasks that need to be completed, are done so with great detail and to a good standard in required time to keep the business at the peak of its success. An example in H&M would be, that every department has a deadline by which they have to have done their part of year report for the Annual Report, so all the departments are doing different tasks and writing about their year, but in the end it’s put into one big annual report to be used as progress check and presented to some of the stakeholders such as the shareholders and the head office. MAA is described as a medium sized business; yet the work is still divided between the departments so that all tasks are completed on time and up to a good standard, the difference is that there is much less staff in each department and some staff have more than one type of responsibility within the business...
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...|| Date issued|Completion date|Submitted on| ||| Qualification|Unit number and title| Level 2 BTEC Diploma/Certificate in Understanding Enterprise and Entrepreneurship|Unit 3: The Business EnvironmentFirst of two assignments for this unit| || Assignment title|| In this assessment you will have opportunities to provide evidence against the following criteria. Indicate the page numbers where the evidence can be found.| Criteria reference|To achieve the criteria the evidence must show that the student is able to:||Task no.||Page numbers| P1|Identify sources of information about the current business environment||1||| P2|Describe how a new micro start-up business relates to the business environment||1||| P3|Describe current trends and how these will impact on a micro start-up business||2||| P4|Describe potential ethical concerns of customers about a micro start-up business||3||| M1|Explain how the changes in the current business environment are likely to impact upon a selected micro start-up business||1||| M2|Explain how current trends are likely to impact on a micro start-up business||2||| D1|Assess the risks and opportunities changes in the current business environment pose for a selected micro start-up business||||| Learner declaration| I certify that the work submitted for this assignment is my own and research sources are fully acknowledged.Learner signature: Date: | Assignment brief| Unit number and title|Unit 3: The Business Environment | Qualification|Level 2 BTEC Diploma/Certificate...
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...Scheduling Criteria Scheduling Algorithms Operating System Concepts 6.1 Basic Concepts • Maximum CPU utilization obtained with multiprogramming. • CPU–I/O Burst Cycle – Process execution consists of a cycle of CPU execution and I/O wait. – Example: Alternating Sequence of CPU And I/O Bursts – In an I/O – bound program would have many very short CPU bursts. – In a CPU – bound program would have a few very long CPU bursts. Operating System Concepts 6.2 1 CPU Scheduler • The CPU scheduler (short-term scheduler) selects from among the processes in memory that are ready to execute, and allocates the CPU to one of them. • A ready queue may be implemented as a FIFO queue, priority queue, a tree, or an unordered linked list. • CPU scheduling decisions may take place when a process: 1. Switches from running to waiting state (ex., I/O request). 2. Switches from running to ready state (ex., Interrupts occur). 3. Switches from waiting to ready state (ex., Completion of I/O). 4. Terminates. • Scheduling under 1 and 4 is nonpreemptive; otherwise is called preemptive. • Under nonpreemptive scheduling, once the CPU has been allocated to a process, the process keeps the CPU until it releases the CPU either by terminating or by switching to the waiting state. Operating System Concepts 6.3 Dispatcher • Dispatcher module gives control of the CPU to the process selected by the short-term scheduler; this involves: – switching context – switching to user mode – jumping...
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...CHAPTER 15 Problem 1 Willow Brook National Bank operates a drive-up teller window that allows customers to complete bank transactions without getting out of their cars. On weekday mornings, arrivals to the drive-up teller window occur at random, with an arrival rate of 24 customers per hour or 0.4 customers per minute. a) What is the mean or expected number of customers that will arrive in a five-minute period? The expected number is of 0.4*5 = 2 customer is a five-minute period. b) Assume that the Poisson probability distribution can be used to describe the arrival process. Use the arrival rate in part (a) and compute the probabilities that exactly 0, 1, 2, and 3 customers will arrive during a five-minute period. The probabilities of the described scenarios are as follows: P0=20e-20! P0=0.135335283 P1=21e-21! P1=0.270670566 P2=22e-22! P2=0.270670566 P3=23e-23! P3=0.180447044 c) Delays are expected if more than three customers arrive during any five-minute period. What is the probability that delays will occur? This probability can be expressed as the probability of more than 3 customers arriving during the five-minute period, which can be computed as following: P(x > 3) = 1 – P(x ≤ 3) P (x > 3) = 1 – 0.85712346 P(x > 3) = 0.14287654 Thus, there is a 14, 29% probability of expected delays in five-minute period. Problem 3 Use the single-server drive-up bank teller operation referred to in Problems 1 and 2 to determine the following...
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...process may need much iteration through the "feedback loop" before it finishes. When kernel does a context switch and restores the context of a process. The process resumes execution from the point where it had been suspended.Each process table entry contains a priority field. There is a process table for each process which contains a priority field for process scheduling. The priority of a process is lower if they have recently used the CPU and vice versa.The more CPU time a process accumulates, the lower (more positive) its priority becomes, and vice versa, so there is negative feedback in CPU scheduling and it is difficult for a single process to take all the CPU time. Process aging is employed to prevent starvation.Older UNIX systems used a 1-second quantum for the round- robin scheduling. 4.33SD reschedules processes every 0.1 second and recomputed priorities every second. The round-robin scheduling is accomplished by the -time-out mechanism, which tells the clock interrupt driver to call a kernel subroutine after a specified interval; the subroutine to be called in this case causes the rescheduling and then resubmits a time-out to call itself again. The priority recomputation is also timed by a subroutine that resubmits a time-out for itself event. The kernel primitive used for this purpose is called sleep (not to be confused with the...
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... portfolio (P1) and one suggested portfolio (P3) post a positive absolute return of 0.80% and 0.82% respectively which underperformed the active fund portfolio (P2) 0.91%. This report follows various modeling methods in order to back test the performance of the active fund portfolio and compare its performance with that of two other portfolios. The findings indicate that, even though P2 achieves the highest return on the overall performance, the limitations such as the macro environment, the assumptions set, and the Shrinkage method used that accidentally downsizes some valuable stocks in out-‐samples as they are closely correlated are being ignored. By contrast, P3 will probably offer a “middle-‐choice” which will bring a promising and more stable return. 1 Portfolio Modeling and Evaluation: Beating the Market Platinum Fund TABLE CONTENT 1.INTRODUCTION 2.DATA 2.1.BASIC INFORMATION ...
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...Assignment No 6: Submission date 19th November 1, 2012 LOAD FLOW CALCULATIONS y12 = -j2.5 P3, Q3 V1 2 V3 V2 z12 = j0.4 z13 = j0.4 Y13=-j5 P2, Q2 P1, Q1 3 1 Node | Vpu | δo | P | Q | Type | 1 | 1.0 | 0 | - | - | Reference | 2 | 1.0 | - | -1.0 | - | P-V | 3 | - | - | -0.6 | -0.3 | PQ | 6.1 Establish the equations for power injection (Pi,Qi) at all nodes. 6.2 Calculate the unknown variables in the table shown above by analytical solution. 6.3 Develop analytical expressions for Jacobian matrix elements. 6.4 Calculate the Jacobian matrix in power flow balance. Assume per unit values are given referred to Vref = 60 kV, line to line Sref = 100 MVA, 3-phase After analytical solution the voltage at node no. 3 will be V3 = 0.93 pu which is below the acceptable limit i.e. 57 kV, line to line. Two alternatives to bring V3 up to 57 kV are proposed: A: Reduce active power consumption P3 from 60 MW to 50 MW. B: Reduce reactive power consumption Q3 from 30 MVAr to 20 MVAr. In order to test these two alternatives we can use a linear approximation where the Jacobian matrix (in power flow balance) is applied: ∆Q3∆P2∆P3=∂Q3/∂V3∂Q3/∂δ2∂Q3/∂δ3∂P2/∂V3∂P2/∂δ2∂P2/∂δ3∂P3/∂V3∂P3/∂δ2∂P3/∂δ3∆V3∆δ2∆δ3 For alt A : ΔQ3 = 0, ΔP3 ≠ 0 as the proposed change. For alt B : ΔP3 = 0, ΔQ3 ≠ 0 as the proposed change. 6.5 Test both alternatives and choose the best. 6.6 Check the best solution found under 6.5 by exact analytical solution of the equations...
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...Unit 1 - Exploring Business Activity Assignment 2 Scenario Following on from your report for Heronsgate Construction you have been asked to undertake some freelance work for Hillingdon Borough Council. The council are looking at saving costs and want to restructure their organisation so they are more like a business. They have asked you to provide some details of the way in which organisations are structured including the functional areas. This presentation will be used as part of a ‘business week’ being run by the borough. Task 1 As you have already done some research on two organisations you should continue using these for this presentation. However for the NHS you only need to create an organisational structure for a Doctors surgery. This will mean the organisations are contrasting and their structures are varied. Hillingdon Borough Council need the presentation to cover: • A brief introduction into the organisations. • The different ways in which these two businesses are structured. • The different types of functional areas within each business and their activities Due to the nature of the organisations they will have vastly contrasting functional areas. You need to describe the functional areas in each organisation. Make sure you clearly describe what each functional area does. You should aim to include all those which we have covered in this unit. Illustrate these using organisation charts together with accompanying notes to describe their operations. In your presentation...
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...SECTION B Answer ALL Questions in this sections in the spaces provided. Be brief and precise. Question 1: Refer to Figure 6 below Figure 6 [pic] a. Equilibrium price and quantity before trade would be ▪ Price = $14; ▪ Quantity = 600 b. The price and domestic quantity demanded after trade would be ▪ Price = $ 18; ▪ Domestic quantity demanded = 400 c. After trade domestic production would be ▪ Domestic production = 800 d. How much of this product would be exported after trade ▪ Amount exported = 800 - 400 = 400 e. Calculate the consumer surplus before trade ▪ CS before trade = (26-14)*600*0.5 = 3600 f. Calculate the consumer surplus after trade ▪ CS after trade = (26-18)*400*0.5 = 1600 g. Calculate the producer surplus before trade ▪ PS before trade = (14-3)*600*0.5 = 3300 h. Calculate the producer surplus after trade ▪ PS after trade = (18-3)*800*0.5 = 6000 i. Calculate the net effect of trade on total surplus ▪ Net effect of trade = change in PS - change in CS = (2700- 2000) = 700 Note: An alternative and correct way to compute this is to calculate the area of the triangle showing the gain in surplus. This area is (18-14)*400*0.5 = 800. This is different from 700 because of a slight mislabeling of the diagram. Therefore award the full points for this answer as...
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...Case Studies 1. SOLUTION TO STARTING RIGHT CASE, CH. 3, PAGE 110 This is a decision-making-under-uncertainty case. There are two events: a favorable market (event 1) and an unfavorable market (event 2). There are four alternatives, which include do nothing (alternative 1), invest in corporate bonds (alternative 2), invest in preferred stock (alternative 3), and invest in common stock (alternative 4). The decision table is presented. Note that for alternative 2, the return in a good market is $30,000 (1 + 0.13)5 = $55,273. The return in a good market is $120,000, (4 x $30,000) for alternative 3, and $240,000, (8 x $30,000) for alternative 4. Payoff table Laplace Event 1 Alternativ e1 Alternativ e2 Alternativ e3 Alternativ e4 0 55,273 Event 2 0 – 10,00 0 – 15,00 0 – 30,00 0 Average Value 0.0 22,636.5 Minimu m 0 – 10,000 – 15,000 – 30,000 Maximu m 0 55,273 Hurwicz Value 0.00 – 2,819.9 7 –150.00 120,00 0 240,00 0 52,500.0 120,000 105,000. 0 240,000 –300.00 Regret table Maximum Alternative Alternative 1 Alternative 2 Alternative 3 Alternative 4 Event 1 240,000 184,727 120,000 0 Event 2 0 10,000 15,000 30,000 Regret 240,000 184,727 120,000 30,000 a. Sue Pansky is a risk avoider and should use the maximin decision approach. She should do nothing and not make an investment in Starting Right. b. Ray Cahn should use a coefficient of realism of 0.11. The best decision is to do nothing. c. Lila Battle should eliminate alternative 1 of doing nothing and apply the maximin...
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...Case Studies 1. SOLUTION TO STARTING RIGHT CASE, CH. 3, PAGE 110 This is a decision-making-under-uncertainty case. There are two events: a favorable market (event 1) and an unfavorable market (event 2). There are four alternatives, which include do nothing (alternative 1), invest in corporate bonds (alternative 2), invest in preferred stock (alternative 3), and invest in common stock (alternative 4). The decision table is presented. Note that for alternative 2, the return in a good market is $30,000 (1 + 0.13)5 = $55,273. The return in a good market is $120,000, (4 x $30,000) for alternative 3, and $240,000, (8 x $30,000) for alternative 4. Payoff table Laplace Hurwicz Event 1 Event 2 Average Value Minimu m Maximu m Value Alternativ e1 0 0 0.0 0 0 0.00 Alternativ e2 55,273 – 10,00 0 22,636.5 – 10,000 55,273 – 2,819.9 7 Alternativ e3 120,00 0 – 15,00 0 52,500.0 – 15,000 120,000 –150.00 Alternativ e4 240,00 0 – 30,00 0 105,000. 0 – 30,000 240,000 –300.00 Regret table Maximum Alternative Event 1 Event 2 Regret Alternative 1 240,000 0 240,000 Alternative 2 184,727 10,000 184,727 Alternative 3 120,000 15,000 120,000 Alternative 4 0 30,000 30,000 a. Sue Pansky is a risk avoider and should use the maximin decision approach. She should do nothing and not make an investment in Starting...
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