...Evaluate how managing resources and controlling budget costs can improve the performance of a business Unit 2 D1 It is very important for Dominos to manage their resources and control their budgets as the business is very large and has a number of chains in the UK. They also have a very good reputation and are also a highly profitable business. They need to keep track as on their financial progress and situation. As well as this keeping organized and in a formal structure allows the company to run smoothly and without major problems. There are four main types of resources that need to be managed; physical resources, human resources, technological resources, and financial resources. There are many types of physical resources in Dominos stores, and these are mainly the equipment and tools that are used to make the products they sell. Each member of staff should manage the equipment by regularly cleaning the equipment and the managers should be performing regular checks to make sure the equipment is fully functioning, and if not to fix the problem themselves or call in maintenance to fix the problems for them. For example, if a oven is not kept clean then it can have a build-up of dirt, rust, and decay, which would then mean that a replacement is needed. This will cost Dominos money and so by managing their physical resources it will not cost Dominos their profit, and increase the businesses performance. This means that it is important for Dominos employees to have sufficient...
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...BUDGET A budget is generally a list of all planned expenses and revenues. It is a plan for saving and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods. In other terms, a budget is an organisational plan stated in financial terms. The purpose of budgeting is to provide a forecast of revenues and expenditures i.e. construct a model of how our business might perform financially speaking if certain strategies, events and plans are carried out. Also it enables the actual financial operation of the business to be measured against the forecast. COST The management of costs is a very important aspect of managing financial resources. If costs are not managed effectively, it can lead to profit being damaged and Tesco potentially unable to pay its expenses. Keeping within a budget, increasing income in order to cope with change and making sure that working capital is available and money set aside for emergencies is all part of the balancing exercise. Cost managed to budget There are two types of costs: Fixed costs are cost, which does not change regardless of the number of goods that are produced by, or services are offered at Tesco. These costs include rent, insurance, salaries. Whether Tesco makes 100 or 10,000 products, these costs must be paid. Variable costs are costs that change according to output of Tesco. These costs change directly according to how many products are...
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...P1- Describe physical, Intellectual, Emotional and Social development for each of the life stages of an individual. In this assignment I will be going through all of the life stages than an individual will go through. These stages are: • Conception. • Pregnancy. • Birth and Infancy 0 – 3 years. • Childhood 4-9 years. • Adolescence 10-18 years. • Adulthood 19-65 years. • Older Adulthood 65 years + • Final Stages of Life. Conception is when the ovary must have released an egg, this is then drawn down the fallopian tube towards the uterus. This usually occurs halfway through the menstrual cycle. In the process of these, the lining of the womb is preparing for the occurrence of a pregnancy and thickens its lining by increasing blood flow to the thinning blood mucus to allow sperm to enter. During sexual Intercourse, between a man and a woman sperm is ejaculated into the vagina. Once the sperm enters the uterus, it tries to find the egg which is at the lower end of the fallopian tube. Male semen contains several million sperm, but only one will be needed for conception, and that single sperm cell contains the father's genetic contribution to the baby. Each sperm contains 23 chromosomes and each egg contains 23 chromosomes. The sperm can swim, and need to be able to do so as they have to move through the cervix, into the uterus and along the fallopian tubes. During sexual intercourse millions of sperm are ejaculated by a man. The sperm swims through the uterus and fertilizes...
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...Unit 2 – Equality, Diversity and Rights within Health and Social Care P4 For this task, I am going to explain how two national initiatives promote anti-discriminatory practice. Sex discrimination act 1975 This act applies for both men and women. It promotes that both men and women should be treated equally. For example, in transport, education, jobs etc. It promotes anti-discriminatory practice by making sure those men and women are treated equally, if this act applies didn’t exist, men and women may be deprived of certain choices. This act includes any discrimination against homosexual marriages or civil partnerships, any discrimination against pregnant women and maternity leave, also about equal pay for both men and women. Disability discrimination act 2005 This act applies to anyone that has some sort of disability. This act is in place to protect disabled people against discrimination both in employment and when using a service or facility. For example, anyone with a disability should have the same opportunities in work or learning places such as school, colleges or universities. In other places such as shops and banks, and to also make sure that they are treated fairly when they go somewhere to eat or drink, such as restaurants or pubs. Public transport services have to make sure trains; buses, etc. are accessible and have the right facilities for anyone with a disability. “The government has implemented the legislation in three phases. Phase 1 in 1996 made it...
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...IVY OMOROGHOMWAN UNIT 2 P4 M2 D1 P4 Sex discrimination act 1975: this applies to men and women to promote anti discriminatory practice by making sure that both genders should be treated equally in employment, education and not the same. Without this act men and women may be deprived of certain jobs and choices. Mental capacity act 2005: this act helps to protect people who are unable to makes decision, example of this is people with dementia, learning difficulties and mental problem. This act ensures that that people with mental capacity get treated fairly and in their best interest. It promotes anti discriminatory practice making sure that someone with the disability to learn can get the same choices as any other person would. Disability discrimination act 2005 this act helps to stop discrimination which is aimed at the disabled example of this is when a disabled person is unable to go to a certain place or school because there isn't access for a disabled person example there's not lift or ramp in the building. This act makes it illegal to do things like that without a justified reason. Disability is not only physical, there other type of disability such as mental disability which is under the disability act but only if the mental illness affect the person's everyday life. This helps to promote anti discriminatory practice by making sure that all public sectors review their plans, procedure and practice so it can also be in favour of the disabled. Nursing...
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...care to individuals, groups or communities or bringing their professional knowledge to light on nursing and midwifery practice in other roles, like education, leadership or research. While the values and principles set out in the Code can be interpreted in a range of different practice settings, they are not negotiable or discretionary. Within many of the sections, the codes of practice, link in well within equality and diversity within health and social care. Section 1, 1.1 working in person centred ways and using this as the basis for social care and support, this is positive as it is focusing on how health and social care workers should do to ensure that the service user is being provided the right support for their situation. Section 2, 2.1 being honest and trustworthy, this is a major positive in equality and diversity as it means care staff are able to make every individual trust them and not just try and earn the trust of certain people discriminating against others by not caring whether or not their patient trusts them or not. Being honest with your service users is vital and a very positive attribute to have. Section 3, 3.7 using relevant processes and procedures to challenge and report dangerous, abusive, discriminatory and exploitative behaviour and practice, this is a very positive part of the code as it is saying that when discrimination is happening then the care workers should be educated enough to be able to see when a service user isn’t being treated equally...
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...D1: Evaluate How Managing Resources and Controlling Budgets Can Improve the Performance of Asda. It’s important for Asda to manage all its resources and control its budgets so that they can be successful. Managing resources and budgets gives Asda more structure and allow Asda to be more stable which can lead to a high performance and success. If resources and budgets are not controlled then problems could occur for Asda, which then could lead to bad performance and failure. Managing the human resources can help to build more reliable and hardworking employees. If they can manage their human resources the right way it can lead to highly motivated and skilled staff and can defiantly improve performance. E.g. at Asda it’s important to provide staff with incentives so that they feel their work is being valued and they will want to work harder to achieve targets, Asda have to treat their staff right because if they feel like they are being harshly treated then they will take out their feelings on the customers and then Asda will lose custom from that store, also they give employees pride to work for the company. I believe that if the management of the human resources department is done in the right way then it can be an important factor for what success a business will have. If the staff are well trained and looked after, they will provide better customer service which will bring more customers there so they will make more money but just doing that one task is nit enough, staff will...
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...Eggs Cheese Nuts, seeds Baked beans Effects ● ● Too much protein can cause weight gain, raised blood sugar levels, can put stress on the kidneys, leach minerals from bones and can stimulate cancer cells. Too little protein in a diet can lead to loss of muscle strength. )DWV Functions Fat provides the body with energy and some needed vitamins. Sources ● ● ● Olive oil Rapeseed oil Nuts- peanuts, brazils Effects ● If a high amount of fat is consumed in a diet it can lead to obesity. Too many fats can also lead to problems within the heart and can cause heart attacks. 0LFURQXWULHQWV & /,+21/&"+10 /" )0, (+,4+ 0 *&+"/ )0 +! 3&1 *&+0Ǥ )1%,2$% -",-)" ,+)6 +""! 0* )) *,2+1 ,# 1%"* &+ !&"1Ǥ 1%"6 /" 3&1 ) #,/ ,2/ !"3"),-*"+1ǣ 0LQHUDOV Sodium http://www.everydayhealth.com/ost eoporosis-pictures/bad-for-yourbones-foods.aspx Calcium http://www.fondazioneniccolocusan o.it/la-vitamina-d3-aiuta-a-viverepiu-a-lungo/ Iron http://www.healthy-eatingsupport.org/sources-of-iron.html...
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...* Midpoint Algorithm for the line of 1<m<∞ | | | M1N pixel | M2NE pixel | | M | | | The equation for the line ax + by + c = 0 1 The equation for the M point: d – Equation for the first midpoint d = a(x+1/2) + b(y+1) + c d = ax + by + c + a/2 + b d = 0 + a/2 + b d = a/2+b ×2 d = a + 2b 2 By substituting the value fora and b we will able to find the value of d. If d > 0, then we will select the N (North) pixel If d < 0, then we will select NE (Northeast) pixel Then there are two possibilities to go the line through M1 or M2 Equation for the above two points; M1 and M2 M1: d1 – Equation for the M1 midpoint d1 = a(x+1/2) + b(y+2) + c d1 = ax + by + c + a/2 +2 b d1 = 0 + a/2 + 2b ×2; d1= a+4 b 3 3 – 2;d b = d1 – d d1 = b + d 4 The equation for the M1 is d1 = b+d M2 : d2 – Equation for the M2 midpoint d1 = a(x+3/2) + b(y+2) + c d1 = ax + by + c +3 a/2 +2 b d1 = 0+ 3a/2 + 2b ×2; d2 = 3a +4b 5 5 – 2; a + b = d2 – d d2 = a + b + d 6 The equation of the M2 midpoint is d1 = a + b + d As mentioned above the algorithm chooses between N and NE pixels on the sign of the decision variable calculated in previous method. * Algorithm for the ellipse The equation for the ellipse is : x2/a2 + y2/b2 = 1 x2/a2 + y2/b2 – 1 = 0 x2 b2 + y2 a2 - a2 b2 = 0 Center of the ellipse (x,y) = (0,0) a = rx , b = ry The first...
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...Assignment brief Unit number and title Unit 14: Working with and Leading People Unit 13: Personal and Professional Development Qualification Pearson BTEC Level 4 and 5 Higher Nationals in Business Start date 09/05/2016 Deadline/hand-in 30/06/2016 Assessor Zakwan Rahman Assignment title Cycle of Human Resources Purpose of this assignment Human Resource is one of the vital department in an organization. Human Resources Department need to perform their roles efficiently to help an organization achieve their vision and mission. Handling the resources will be a big challenge to the department and numbers of obstacle problems will arise from time to time. Apart from the roles of Human Resources, leading a group of people to achieve the same mission also can be listed out as a challenge. By possessing the skill of leadership, the personnel can prevent any problems, reduce the risk and achieve the objective. This assignment will help the student to know the role of Human Resources Department more clearly and learn the attributes to become a great leader. Scenario You are working as a human resource personnel at A new problem arises in the. The problem is related to the Human Resource Department. There are few cases have been reported to the labour court. Most of the cases are related with the previous employee that been terminated. Apart from that, there are also problems with the new appointed employees. In certain departments, there...
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...(Taylor) Chapter 9 Multicriteria Decision Making 1) The different objectives in a goal programming problem are referred to as goals. Answer: TRUE Diff: 1 Page Ref: 400 Main Heading: Goal Programming Key words: goal programming 2) All goal constraints are inequalities that include deviational variables. Answer: FALSE Diff: 1 Page Ref: 400 Main Heading: Goal Programming Key words: goal constraints 3) A negative deviational variable is the amount by which a goal level is exceeded. Answer: FALSE Diff: 2 Page Ref: 400 Main Heading: Goal Programming Key words: goal constraints, deviational variable 4) At least one or both deviational variables in a goal constraint must equal 0. Answer: TRUE Diff: 2 Page Ref: 401 Main Heading: Goal Programming Key words: deviational variable, goal constraints 5) The objective function in a goal programming model seeks to minimize the deviation from goals in the order of the goal priorities. Answer: TRUE Diff: 2 Page Ref: 401 Main Heading: Goal Programming Key words: goal prog problem formulation, objective function for goal prog 6) In goal programming, terms are summed in the objective function in order to make consistent decisions. Answer: FALSE Diff: 2 Page Ref: 402 Main Heading: Goal Programming Key words: goal prog problem formulation, objective function for goal prog 7) Goal constraints can include all deviational variables. Answer: TRUE Diff: 1 Page Ref: 402 Main Heading:...
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...Assignment front sheet Qualification Pearson BTEC Level 5 HND Diploma Business Student name Unit number and title Unit 6: Business Decision Making Assessor name James Kwok Date issued Completion date Submitted on 5th January 2015 16th February 2015 Assignment title BDM: To start-up a upstairs coffee cafe in the city(2 of 2) Learning Outcome Learning outcome Be able to produce information in appropriate formats for decision making in an organisational context Assessment Criteria 3.1 3.2 3.3 3.4 LO3 In this assessment you will have the opportunity to present evidence that shows you are able to: Produce graphs using spreadsheets and draw valid conclusions based on the information derived Create trend lines in spreadsheet graphs to assist in forecasting for specified business information Prepare a business presentation using suitable software and techniques to disseminate information effectively Produce a formal business report Use appropriate information processing tools Prepare a project plan for an activity and determine the critical path Use financial tools for decision making Task Evidence no. (Page no) 3 3 3 3 4 4 4 LO4 Be able to use softwaregenerated information to make decisions in an organisation 4.1 4.2 4.3 Learner declaration I certify that the work submitted for this assignment is my own and research sources are fully acknowledged. Student signature: Date: In addition to the above PASS criteria, this assignment...
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...assignment has not been submitted for assessment in any formal course of study. 2. I understand the definition and consequences of plagiarism. My assignment will be cancelled and failed if it is copied from another student, book or internet website. Assignments to be submitted as per specified due dates as published in assignment briefs. Faculty policy requires that assignments are to be submitted to your lecturer/ tutor in class or in faculty office. In case of late submission please attach the late submission form, signed by the head of department or tutor. Student Signature Date: Formative Deadline: Date(s) Submitted: Summative (Final) Deadline: Subject/Unit Number: College Number: Tutor Name: Qualification: Semester: □ HND Computing □ HND Business □ EDSML For Tutor Use Only Date / Time _______________________________ Signature __________________ □ Late Submission Note: - Attach this part with your assignment x-----------------------------------------------------------------------------------------------------------------------------------------------------------------------x Edwardes College Peshawar For Student Record Student Name: Subject Name: Assignment #: Assignment Title: Issue Date: Date(s) Returned to Student: Student Signature Note: - Keep this part for your own record Date Formative Deadline: Date(s) Submitted: Summative(Final) Deadline: Tutor Signature & Date Subject/Unit Number: College Number: Tutor Name: Qualification: Semester: Assignment / Project...
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...according to automotive analysts. The Perodua’s revised sales forecast this year was easily achievable due to the earlier than expected launch of the new Myvi. The sales increase about 11.9% which from 171750 units to 195000 units. New Perodua Myvi also upgraded its Malaysia automotive total industry volume (TIV) forecast for 2011. New Myvi could be a major driver of passenger vehicle sales. The demand for the new Myvi increase due to buyer holding back as they wait for the new model. On the other hand, the sales of old model decrease. Myvi was still Malaysia’s best selling passenger car. From the OKS research, Malaysia Automotive Association, Proton shows the higher sales and the percentage change in revision is 14%. Analysis and the use of graph 1. According to the news report, OSK Research state that Perodua’s revised sales forecast of 195000 units was easy to hit the target due the high demand of New Myvi. The forecast sales are increasing 11.9% from 171750 units (previous) to 195000 units (revised). The consumer pent-up demand for the new Myvi. The increase in the demand for new Myvi can be explained using graph (a). the higher the demand for new Perodua Myvi, the higher the sales of Perodua Myvi. The demand curve shifts to right, from D0 to D1. 2. As mentioned in the report, OSK Research had earlier forecast a year-on-year drop in total industry volume (TIV) due to supply problems faced by Japanese vehicle after the earthquake and tsunami in March. The...
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...Sample Assignment Assignment front sheet Qualification | Unit number and title | Pearson BTEC Level 5 HND Diploma Business | Unit 3: Organisations and Behaviour | Student name | Assessor name | | | Date issued | Completion date | Submitted on | 11th March 2013 | 4th April 2013 | | | | Assignment title | OB1: Culture and Management Style (1 of 3) | ------------------------------------------------- ------------------------------------------------- Learning Outcome | Learning outcome | Assessment Criteria | In this assessment you will have the opportunity to present evidence that shows you are able to: | Task no. | Evidence(Page no) | LO1 | Understand the relationship between organisational structure and culture | 1.1 | Compare and contrast different organisational structures and culture | 1 | | | | 1.2 | Explain how the relationship between an organisation’s structure and culture can impact on the performance of a business | 1 | | LO2 | Understand different approaches to management and leadership | 2.1 | Compare the effectiveness of different leadership styles in different organisations | 2 | | | | 2.2 | Explain how organisational theory underpins the practice of management | 2 | | | | 2.3 | Evaluate the different approaches to management used by different organisations | 2 | | Learner declaration | I certify that the work submitted for this assignment is my own and research sources are fully acknowledged. Student...
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