New product promotion Currently at the moment there are more and more new companies, organizations which expand its existing operations by expanding its product lines and adding new products to the market. This increases the intensity of competition and is becoming increasingly difficult to attract and retain customers. Consumer must be reminded or informed about the organization’s services and products, organization should put more effort to distinguish their product from others. Some larger organizations
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will look at what will happen to the ratios if the problems develop further. Opening Balance Overdraft – Looking at the opening balance in January on MJM’s cash flow forecast, I can see that the business started with an overdraft of £185,001, and an explanation is needed as to why. Why did the business start with a £185,001 overdraft? MJM may have started with the £185,001 overdraft for several reasons; MJM could have had the overdraft because they wanted to purchase extra materials to use and
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Written Assignment Unit 2 Established in 1886, by Dr. Doctor John Pemberton, a pharmacist from Atlanta, Georgia, (Journey Staff, n.d.) the Coca-Cola Company is an American based multinational beverage corporation that operates all over the world. It is a “corporation, manufacturer, retailer, and marketer of nonalcoholic beverage concentrates and syrups, including the famous Coca-cola drink and many other beverages” (Soft Drink Mission Statements, 2015). It features “brands like Diet Coke, Fanta,
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iii) Fitness for Propose s14(3) From the course of the business, there are condition that need to applies from the good sold. If the goods do not fit any purpose then the goods have the right to be return whether it is implied by the seller but if it is unreasonable to rely on the seller judgement, the goods can be return or cannot be return due to another purpose. b) Supply Goods and service Act 1982 With the reasonable time and for a reasonable charge of work completion, the price of goods
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Introduction In this report I will be explaining what employability is and why they are important. I will also define what is personal and communicational skills required when applying for a job role as an accountant. Employability Skills Each job requires candidates doing it to possess a variety of specialist skills require for a specific job. Though there are range of skills that are useful to a wider variety of careers and are hence forth transferable between jobs. This is known as employability
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Unit 2 The selected organisation is Asda. Asda is one of the world’s most well-known and valuable brands and commands a leading market share in the world’s supermarket business. Asda produces food and general household products and it also has a cafeteria McCafe which produces hot drinks, sweets and snacks. The restaurant employs about 130 people. Its structure is a tall hierarchal structure. On top you find the Head Office which consists of the owner of Asda and the board of directors, after
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sectors of business activity? There are three sectors and they are: • The Primary Sector- this is the sector where raw materials are collected for example, farming, fishing and mining. • The Secondary Sector- In this sector the raw materials are manufactured and turned into a selling product, for example making a plastic bottle from oil. • The Tertiary Sector- this is the retail sector where the manufactured products are sold but also is where some businesses provide a service. 2. Copy the
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During wars, everyone is affected, but mainly children are affected. Children have to move their location. There will be limited resources for children. Also children's education will be affected. Children are affected more by dramatizing events. Children might have to move location. One of the main reasons children would have to move is because they could live near where the war is taking place. Also family could play apart in the war. Another point is children could end up being separated from
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order to make sure that a business is going to be working correctly in order for it to make money. All these things should be considered and reviewed regularly to ensure it’s running as smooth as it can be. The main thing that makes a company work is to have effective teams in place to make sure that all the work is being done and that they are being collaborative when working together. Within Xtrac there are many elements that are key in order to make sure that the business can function and this
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How is good customer service achieved? Good customer service is achieved by the way you approach customer, the way you ask question and Listen because usually what often happens is that a customer comes in the store and will be simply looking around for something they need or they could not be looking for anything in particular however it is always civil to approach the customer and ask them if they need any assistance. However the slip-up that many staff members tend to make is not giving customers
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