...Business level 3 Unit 29: Understanding retailing. Merit one. Retail Park Long well green is an example of a retail park. A retail park is a large multinational sores for example Pets at home and next. There are advantages and disadvantages of a retail park. The advantages of a retail park is having a car park close to the retail store so people who have brought loads of things don’t have much walking to do to their car. Another advantage is the3 convenience for the public. Most retail parks have a lot of land which they are able to extend the retailing is they have to. There are a lot of disadvantages of building a retail park. One of the disadvantages is that it is hard to find a big enough space for it to be built in, also it takes a lot of money to build a retail park as you have to have a big enough car park to get a profit. If there wasn’t a big enough car park then people would shop in the retail park as they you have to talk with their shopping and people would get fed up. When thinking about building a retail park you need to think about the future for the business. You need to take into consideration a lot of things, for example, if there is enough land, if you are going to make a decent profit when it’s all finished, and is it going to be a good process. Superstore Tesco’s extra is an example of a super store. Superstore is a retail environment, a superstore is a large retailer who stocks and sells a wide variety of merchandise including groceries...
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...BTEC Level 2 Extended Certificate in HOSPITALITY [pic] Smithills School Pride and Respect Unit 2 Unit code: D/600/9933 HOW THE HOSPITALITY INDUSTRY IS SUPPORTED BY OTHER INDUSTRIES [pic] Assignment 2 ASSIGNMENT BRIEF |Name: | |Form | | |Unit: |2 |Title: |How the Hospitality Industry is Supported by other Industries | |Assignment No: |2 | |Date Issued: | | |Critique Date: | | |Submission Date: | | |Credit Value: 1 |Guided Learning Hours: 10 | |Assessment Criteria to be covered in this assignment...
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...Williams College Managing Activities to Achieve Results Name of Student: Student ID: Course: HND Business (Management) Unit: 15 Managing Activities to Achieve Results QCF Level: 5 Credit Value: 15 Teacher: Date of Issue: Internally Verified: Yes Internal Verifier: George Reginald Anokye Date : 15/11/11 Date of submission: 05/01/2011 To be signed by Student I declare that all the work produced as a response to this assignment is all my own work. I understand the college policy on plagiarism. Student signature showing understanding of plagiarism notice To be filled by Lecturer Guidelines: 1) R: Referred P: Pass M: Merit D: Distinction 2) Feedback: Please put comments depending upon grade, for example if R- what can be improved and if P – you could give positive feedback. Circle as appropriate LO 1 Evaluate the interrelationship between the different processes and functions of the organisation Justify the methodology to be used to map processes to the organisation’s goals and objectives Evaluate the output of the process and the quality gateways P M D R P M D R P M D R Feedback for LO1: LO 2 Design plans which promote goals and objectives for own area of responsibility Write objectives, which are specific, measurable, achievable, realistic and time-based to align people and other...
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...BUSINESS STUDIES (CODE - 054) CLASS–XI (2013-14) One Paper Units Periods 100 Marks 3 Hours Marks Part A: Foundations of Business 1. 2. 3. 4. 5. 6. Nature and Purpose of Business Forms of Business Organisations Public, Private and Global Enterprises Business Services Emerging Modes of Business Social Responsibility of Business and Business Ethics } } } } } 22 26 22 22 12 16 120 20 18 12 50 Part B: Finance and Trade 7. 8. 9. 10. 11. Sources of Business Finance Small Business Internal Trade International Business Project Work 30 16 30 14 30 120 20 20 10 50 PART A: FOUNDATION OF BUSINESS Unit 1: Nature and Purpose of Business: • • • • • • • Concept and characteristics of business. Business, profession and employment -Meaning and their distinctive features. Objectives of business - Economic and social, role of profit in business Classification of business activities: Industry and Commerce. Industry - types: primary, secondary, tertiary - Meaning and sub types 120 Periods 22 Periods Commerce - trade: types (internal, external, wholesale and retail; and auxiliaries to trade: banking, insurance, transportation, warehousing, communication, and advertising. Business risks - Meaning, nature and causes. Meaning of business with special reference to economic and non-economic activities.Two or three definitions of business with one conclusive definition. Fundamental features of business which differentiate it with other activities of society. Meaning of profession and employment...
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...BTEC Level 3 National Diploma: Course Outline Welcome to the sixth form and the Business Studies department! The qualification is structured into mandatory units (M) and your choice of optional units (O). The BTEC Level 3 National Diploma has four mandatory units and eight optional units to provide a total of 120 credits, which is equivalent to two GCE’s. The Units you will be completing are as follows: Unit: | Name: | 1 | The Business Environment (M) | 2 | Business Resources (M) | 3 | Introduction to Marketing (M) | 4 | Business Communication (M) | 5 | Business Accounting (O) | 10 | Market Research in Business (O) | 12 | Internet Marketing in Business (O) | 13 | Recruitment and Selection in Business (O) | 15 | Development Planning for a Career in Business (O) | 16 | Human Resource Management in Business (O) | 29 | Understanding Retailing (O) | 36 | Starting a Small Business (O) | Assessment and Grading: In BTEC Nationals all units are internally assessed. All assessment for BTEC Nationals is criterion referenced, based on the achievement of specified learning outcomes. Each unit within the qualification has specified assessment and grading criteria which are to be used for grading purposes. A summative unit grade can be awarded at pass, merit or distinction: * To achieve a ‘pass’ a learner must have satisfied all the pass assessment criteria * To achieve a ‘merit’ a learner must additionally have satisfied all the merit grading criteria...
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...1. Define the three different types of Piece Rates. Answer: 1) Straight Piece rate 2) Piece rates with guaranteed time rates and 3) Differential Piece rates Straight Piece rate In this method payment is made on the basis of affixed amount per fixed units produced without regard to the time taken Earnings = Number of units x rate per unit. Piece rates with guaranteed time rates In this system the payment is at the time rates but adjusted to the cost of living. Merit awards for personal qualities, skill, ability, punctuality etc. are also considered. The employer compensates the high labor cost by increasing the price of the products. Differential Piece rates A wage plan based on a standard task time whereby the worker receives increased or decreased piece rates as his or her production varies from that expected for the standard time. Also known as accelerating incentive. 2. Define Sales Commission, and explain the conditions that should exist/be met within a position for this pay-for-performance methodology to be successful. Answer: The amount of money that an individual receives based on the level of sales he or she has obtained. The sales person is provided a certain amount of money in addition to his/her standard salary based on the amount of sales obtained. Conditions that should exist: 1. Organizations must tailor pay for performance systems to their mission and environment 2. A pay for performance system can only be effective if employees...
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...Cambridge TECHNICALS OCR LEVEL 3 CAMBRIDGE TECHNICAL CERTIFICATE/DIPLOMA IN IT COMPUTER NETWORKS R/601/7320 LEVEL 3 UNIT 7 GUIDED LEARNING HOURS: 60 UNIT CREDIT VALUE: 10 COMPUTER NETWORKS R/601/7320 LEVEL 3 UNIT 7 AIM OF THE UNIT This unit aims to give the learners an understanding of the key components, the network protocols and the services provided by network systems. Learners will develop skills required to ensure network security, gain an understanding to the functions of hardware and software components, the purpose, connections and connection devices and why network security is important. Networks are used not only in large organisations but in small businesses and homes. Learners will understand the types of network and the principles across LAN and WANs. They will understand the options for wired and wireless networks and the and appreciate the benefits and risks to businesses of a network. www.ocr.org.uk 2 Computer Networks Level 3 Unit 7 ASSESSMENT AND GRADING CRITERIA Learning Outcome (LO) Pass The assessment criteria are the pass requirements for this unit. Merit To achieve a merit the evidence must show that, in addition to the pass criteria, the learner is able to: Distinction To achieve a distinction the evidence must show that, in addition to the pass and merit criteria, the learner is able to: The learner will: 1 Know types of network systems and protocols The learner can: P1 describe the types of networks...
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...Access Assignment Coversheet Subject: Business Studies Level 3 Access Assignment Coversheet Subject: Business Studies Level 3 Student Name | Centre | Unit Title Code 10233 Business and Organisation Structures 1 | Assignment Title2000 word assignment: You are employed as a business advisor in a firm of accountants. You have been asked to advise a client about business and organisation structures he needs to consider when setting up his business. Create an information booklet for your client providing an overview of business and organisational structures which he should consider.See overleaf for assignment brief | This unit is gradedGrade descriptors 1, 2, 4, 5 and 7 apply | No of credits: 6 | Date set | Date due | Date submitted | If a resubmission | Date due | Date submitted | Student Declaration: I understand that copying / taking ideas from other sources (e.g. reference books, journals, internet, and tutor handouts) without acknowledging them is plagiarism. I confirm that: * This assignment is all my own work * All contributions taken from other reading and research have been referenced accurately * Any direct quotations taken from other reading and research have been acknowledged and attributed accurately * I have attached a bibliography listing all sources used in producing this assignment. * I have added the word count below. NB unless specified otherwise, a 10% margin...
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...| |LO2. |2.1 Explain health and safety considerations in the use of technologies in health and social care. | |Understand the implications of developments| | |in technologies for use in health and | | |social care | | | |2.2 Discuss ethical considerations in the use of assistive technologies | | |2.3 Explain the impact of recent and emerging technological developments on health and social care services, | | Case Study 1: Sally is a 42-year-old female who presents to her GP with complaints of tingling and numbness in her left foot, 18 months later she also complained of double vision. Consultation with a neurologist at that time results in a diagnosis of multiple sclerosis. She is placed on disease-modulating medication and educated about lifestyle changes to avoid fatigue, which manages her double vision, with the exception of long workdays. The GP refers her to a vision...
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...Contents Page |Criteria |Issue Date |Due Date |Submitted |Achieved |Page | |How the unit works and Command Words | | | | |2 | |Pass 2/Merit 1 | | | | |4 | |Pass 3/Merit 2 | | | | |5 | |Pass 4/Merit 3 | | | | |6 | |Pass 5/Distinction 1 | | | | |7 | How this unit works: You will be working in a small team (chosen by your tutor) throughout the unit. You will come up with a business idea together. Each team will occasionally be partnered with another group who will be known as your ‘critical friend team’. You will exchange ideas and feedback with them. • Your group will pitch the business idea to a panel who will decide whether to accept your idea, and who will also give you some advice and guidance • You will produce a report on your target market ...
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...Merit P5 P16 P6 M1 P7 M2 P8 M3 Distinction P9 D1 P10 D2 P11 D3 Learning Outcomes How self managed learning can enhance lifelong development Responsibility for own personal and professional development Implement and continually review own personal and professional development plan Demonstrate acquired interpersonal and transferable skills Comments: Assessor's Signature: Referred Date: Late: Yes No Internal Verification: Yes No I declare that the work I am submitting for assessment contains no section in copied in whole or part from any other source, unless it is explicitly by means of quotation mark or by mean of wholly indented paragraphs. I declare that I have also acknowledged such quotations by providing detailed references in an approved format. I understand that unidentified and unreferenced copying both constitutes plagiarism which is an offence. Student Signature: ___________________ Date: ______________________________ Received: _________________ Date: _____________________ WILLIAMS COLLEGE EDEXCEL Level 5 BTEC Higher Nationals Programme: Business Management Module 13: Personal and Professional Development Scenario You as a student of HND Business Management class is about to finish your first year of qualification, have started thinking of your personal and professional development. At the end of your first year of qualification you need to assess yourself on the basis of your previous experience and...
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...Individual employee incentive and recognition programs Incentive payments for hourly employees may be determined by the number of units produced, by the achievement of specific performance goals, or by productivity improvements in the organization as a whole. In the majority of incentive plans, incentive payments serve to supplement the employee's basic wage. Piecework One of the oldest incentive plans is based on piecework. Under straight piecework, employees receive a certain rate for each unit produced. Their compensation is determined by the number of units they produce during a pay period. At Steelcase, an office furniture maker, employees can earn more than their base pay, often as much as 35 percent more, through piecework for each slab of metal they cut or chair they upholster. Under a differential piece rate, employees whose production exceeds the standard output receive a higher rate for all of their work than the rate paid to those who do not exceed the standard. Employers will include piecework in their compensation strategy for several reasons. The wage payment for each employee is simple to compute, and the plan permits an organization to predict its labor costs with considerable accuracy, since these costs are the same for each unit of output. The piecework system is more likely to succeed when units of output can be measured readily, when the quality of the product is less critical, when the job is fairly standardized, and when a constant flow of...
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...Higher Nationals LEVEL Acc QrCdFed e it Issue 4 July 2011 Edexcel, a Pearson company, is the UK’s largest awarding body, offering academic and vocational qualifications and testing to more than 25,000 schools, colleges, employers and other places of learning in the UK and in over 100 countries worldwide. Qualifications include GCSE, AS and A Level, NVQ and our BTEC suite of vocational qualifications from entry level to BTEC Higher National Diplomas, recognised by employers and higher education institutions worldwide. We deliver 9.4 million exam scripts each year, with more than 90% of exam papers marked onscreen annually. As part of Pearson, Edexcel continues to invest in cutting-edge technology that has revolutionised the examinations and assessment system. This includes the ability to provide detailed performance data to teachers and students which helps to raise attainment. This specification is Issue 4. Key changes are sidelined. We will inform centres of any changes to this issue. The latest issue can be found on the Edexcel website: www.edexcel.com References to third-party material made in this specification are made in good faith. Edexcel does not endorse, approve or accept responsibility for the content of materials, which may be subject to change, or any opinions expressed therein. (Material may include textbooks, journals, magazines and other publications and websites.) Authorised by Roger Beard Prepared by Susan Hoxley Publications Code BH029073...
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...ASSIGNMENT Year Programme Title Unit Title Unit No. Unit Code Assignment No. Level Credit value Deliverer Assessors Handout Date Hand in Date 2014/ 2015 Edexcel BTEC HNC Certificate in Business and HND Diploma in Business (QCF) Aspects of Contract and Negligence for Business Unit 5 Y/601/0563 02 Level 4 15 credits Mr. Bernardo De Vire, Dr. Brian Ikejiaku, Ms. Afsheen Aslam, Ms Hepzi Joseph, Ms. Asia Irshad, Mr. Toseef Akram (as above) 17/11/2014 19/01/2015 Assignment Title: Excelsior Management On completing your HND, you are hired as a Trainee Manager by Excelsior PLC, an international hotel chain. The job offers business experience, management development and future opportunities. 1. Initial Evaluation Your first appointment is as Assistant Manager at the Excelsior Hotel in Harlow. In the course of the first few months, your Senior Manager asks you the following questions, which, unknown to you, are intended to check up on your capabilities: 1.1 One morning the Senior Manager mentions that he has been reading a book on Business Law, in which he found this sentence; “Not all agreements are legally binding. The courts will only enforce agreements that have certain key ‘ingredients’.” Recalling that you claim to have covered this topic on your course, from this starting point he asks you to write him a briefing note to explain the importance of the ‘essential elements’ required for the formation of a valid contract. 1.2 Another day he invites you to think about three...
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...Version 1 General Certificate of Education (A-level) January 2012 Economics (Specification 2140) Unit 1: Markets and Market Failure ECON1 Final Mark Scheme Mark schemes are prepared by the Principal Examiner and considered, together with the relevant questions, by a panel of subject teachers. This mark scheme includes any amendments made at the standardisation events which all examiners participate in and is the scheme which was used by them in this examination. The standardisation process ensures that the mark scheme covers the candidates’ responses to questions and that every examiner understands and applies it in the same correct way. As preparation for standardisation each examiner analyses a number of candidates’ scripts: alternative answers not already covered by the mark scheme are discussed and legislated for. If, after the standardisation process, examiners encounter unusual answers which have not been raised they are required to refer these to the Principal Examiner. It must be stressed that a mark scheme is a working document, in many cases further developed and expanded on the basis of candidates’ reactions to a particular paper. Assumptions about future mark schemes on the basis of one year’s document should be avoided; whilst the guiding principles of assessment remain constant, details will change, depending on the content of a particular examination paper. Further copies of this Mark Scheme are available from: aqa.org.uk Copyright © 2012 AQA...
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