have extensive knowledge on how to run a nightclub, as a result of their part-time job held as musicians during their time in school. They both also have passion for music and the knowledge of business acquired from school will only guide them to running a successful business. Noting that for every startup of a business, there is need for investment after which turnovers are achieved. Lisa and Ruben have invested into the Club by remodeling the interior with fancy installations that are quite inviting
Words: 1124 - Pages: 5
Project U269 Legal Aspects Ownership: Sole Trader Reasons why the ownership is suitable for my business: it is owned by one person, as the sole trader the owner is personally liable for the business debts, and may have to pay them personally. This is called Unlimited Liability. Advantages: * Not many legal restrictions on forming a business * Allows for a more personal service to the customer * Easier to maintain control, make decisions and implement changes quickly * No need
Words: 2108 - Pages: 9
The Impact of the Cloud on Higher Education Douglas Rosette (VP Sales) July 2012 Agenda • • • • • • • • Introduction Traditional Access with AT Software How Computing has and is Changing What this means for AT in the future Examples of Cloud Computing Example of AT in the Cloud What Texthelp is working on Questions Introduction • I'm not Martin McKay..sorry to his fans • I am Doug Rosette VP Sales • Spent 20 plus year working with Assistive Technology LD, Blind and Visually Impaired
Words: 1763 - Pages: 8
control system for the dormitory with the help of a team. The ACS will automatically unlock the dormitory doors via an electronic proximity reader and integrate with an existing security camera system. The cameras are designed to face and rotate to record a person as they use their identification card to unlock the door. Major Tasks: Five major tasks to accomplish the goal of this project include: * Planning * Setup * Limitations * Monitoring * Completion Objective: The goal
Words: 604 - Pages: 3
Data Mining Running head: DATA MINING Data Mining and How It Relates to Information Systems Carmelisa Cummings Strayer University Abstract Data mining is the process of analyzing data to remove information not offered by the unprocessed data alone. Data mining systems sort instantly through the information to discover patterns and relationships that would elude an army of human researchers. Data-mining tools relate algorithms to information sets to discover inherent trends and
Words: 1309 - Pages: 6
Accounting Final 1. Matching Principle – requires that expenses be matched with revenues. When revenue is recorded you should also record at the same time any expenses that are related to the revenue. Accrual basis of accounting is typically required for the matching principle; it is a type of accounting that records the impact of a business transaction as it occurs. 2. Salvage Value – also known as the estimated residual value or scrap value. It is the expected cash value of an asset at
Words: 719 - Pages: 3
important reasons for keeping good records is that it's a legal requirement. By law, you must keep business records: * for five years after they prepared, obtained or the transactions completed, whichever occurs latest. * in English or in a form that we can access and understand in order to work out the amount of tax you are liable to pay. You will have to keep records for longer if you use information from those records in a later tax return- for example, if you claim a loss carried forward
Words: 1809 - Pages: 8
Chapter 8 Security and Access Controls – A Conceptual Overview • Have an understanding of how users access accounting data and what access controls should be in place to protect this data from unauthorized access (i.e., be able to explain using two to four sentences how users can access accounting data and using two to four sentences to describe how to control this access, see the slide titled “Security and Access Controls – A Conceptual Overview”). Operating Systems Controls • What are the four
Words: 2299 - Pages: 10
decision - making leading to prosperity of the Organisation. What is MIS? Short for Management Information System – MIS refers broadly to a computer-based system that provides managers with the tools for organizing, evaluating and efficiently running their departments. What is MIS? Right Information To the right person At the right place At the right time In the right form At the right cost Management Information System The three sub-components Management, Information and System - together
Words: 2417 - Pages: 10
Management information system: 7 It provides the managers with information vital for the smooth running of the organisation. Some examples of M.I.S would be a).Sales management system, b).Budgeting system, d).Inventory control system etc. 7 5.2 Decision support system: 8 6. Conclusions 10 7. Bibliography 10 1. Table of Figures Figure 1:http://education-portal.com/ 6
Words: 1747 - Pages: 7
