M3 Unit 37 free essay sample

I need to develp are financail and accounting, Financial- The top reason why businesses go out of business is bad financial planning. All the cash flows in the wrong direction. Having worked through the dotcom boom and bust I have seen first hand what too big a budget in the wrong hands can do. Someone needs a firm grip on the numbers and it had better be you otherwise someone might just take a trip to a tropical island at your expense. I will be devoloping this skill by finding some volantry jobs for one or two week to gain some skills so then I should be able to run my own business. The other skill that I need to develop is the ability to implement systems (such as workplace information, risk management, continuous improvement and record keeping systems) that will help my business run when I am not there. I will be doing improving this by getting a business coures for one or two weeks to learn about the systems. We will write a custom essay sample on M3 Unit 37 or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Imagination- Many people neglect their creative side feeling that it is better to be all about the logic, but in fact some of the most successful business people are also the most imaginative. So I need to learn this skills by talking to other people who already running a business. Problem Solving- A big part of surviving in business is about solving problems fast and effectively. An employee who is good at keeping their head in a crisis while fighting fires is a worthwhile asset to any business. I will be practising this skills by getting some work experience at different organisations to improve my skill. Rukia Sadiqi p4 – unit 36 – discribe the legal financail aspects that will affect the start-up of your business. Legal status:Legal status means the concept of companies having a particular place in the market, from this as it determines the laws which affect themThere are many types of businesses: sole trader, partnership, private limited company or franchiseSole trader: this involves one person who is the boss and the owner of the company and has unlimited liability and the examples are a builder, a window cleaner and painter etc. Partnership: This business contains tow or more people up to 20 the share between the partners doesnt have to be 50% it can be different share amounts partners also have a unlimited liability and some example are doctors, dentists and more. The partners must have a deed of partnership which is a contract between partners which legally binds them. The strength is that the partners well get the same percentage of profit as much as they have invested into the company. Private limited company is to make money quickly the cant sell there shares to the stock market as they have a great weakness. The owners have the main control in the business normally as they control the business and the main stake holders of the business are board of directors. The biggest strength they have is that if the company goes bankrupt the owners can loose thier personal positions so they pay off depts. Franchise is when the company such as McDonalds sells the rights and the promotion to the person to user their brand and logo to sell its products, services and logos, usually in a defined area. The person that gets the rights gives royalty to the users as this will involve paying fixed fees and a percentage payment of the franchisees sales turnover. The main strength of this is that the business is a success and that the advertising is mainly from the franchise company so this gives advertisement for all the franchisers that own the different branches. Our business is a parivet which is made up of my self Rukia and our business is called Rakz Hair salon which is a hairdresser . I chose to run my business privitaly because I want to make money quickly and want to have the main control of my business. The biggest strength I have is that if the company goes bankrupt then I can loose my personal positions so I will have pay off depts. M3- assess the implications of the legal and financial aspects that will affect the start-up of the business. M3 Unit 37 free essay sample M3 the skills I need to develp are financail and accounting, Financial- The top reason why businesses go out of business is bad financial planning. All the cash flows in the wrong direction. Having worked through the dotcom boom and bust I have seen first hand what too big a budget in the wrong hands can do. Someone needs a firm grip on the numbers and it had better be you otherwise someone might just take a trip to a tropical island at your expense. I will be devoloping this skill by finding some volantry jobs for one or two week to gain some skills so then I should be able to run my own business. The other skill that I need to develop is the ability to implement systems (such as workplace information, risk management, continuous improvement and record keeping systems) that will help my business run when I am not there. We will write a custom essay sample on M3 Unit 37 or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page I will be doing improving this by getting a business coures for one or two weeks to learn about the systems. Imagination- Many people neglect their creative side feeling that it is better to be all about the logic, but in fact some of the most successful business people are also the most imaginative. So I need to learn this skills by talking to other people who already running a business. Problem Solving- A big part of surviving in business is about solving problems fast and effectively. An employee who is good at keeping their head in a crisis while fighting fires is a worthwhile asset to any business. I will be practising this skills by getting some work experience at different organisations to improve my skill. Rukia Sadiqi p4 – unit 36 – discribe the legal financail aspects that will affect the start-up of your business. Legal status:Legal status means the concept of companies having a particular place in the market, from this as it determines the laws which affect themThere are many types of businesses: sole trader, partnership, private limited company or franchiseSole trader: this involves one person who is the boss and the owner of the company and has unlimited liability and the examples are a builder, a window cleaner and painter etc. Partnership: This business contains tow or more people up to 20 the share between the partners doesnt have to be 50% it can be different share amounts partners also have a unlimited liability and some example are doctors, dentists and more. The partners must have a deed of partnership which is a contract between partners which legally binds them. The strength is that the partners well get the same percentage of profit as much as they have invested into the company. Private limited company is to make money quickly the cant sell there shares to the stock market as they have a great weakness. The owners have the main control in the business normally as they control the business and the main stake holders of the business are board of directors. The biggest strength they have is that if the company goes bankrupt the owners can loose thier personal positions so they pay off depts. Franchise is when the company such as McDonalds sells the rights and the promotion to the person to user their brand and logo to sell its products, services and logos, usually in a defined area. The person that gets the rights gives royalty to the users as this will involve paying fixed fees and a percentage payment of the franchisees sales turnover. The main strength of this is that the business is a success and that the advertising is mainly from the franchise company so this gives advertisement for all the franchisers that own the different branches. Our business is a parivet which is made up of my self Rukia and our business is called Rakz Hair salon which is a hairdresser . I chose to run my business privitaly because I want to make money quickly and want to have the main control of my business. The biggest strength I have is that if the company goes bankrupt then I can loose my personal positions so I will have pay off depts. M3- assess the implications of the legal and financial aspects that will affect the start-up of the business.

Free Essays on Every Day Use

â€Å"Everyday Use† is a short story in which the use of imagery combined with characterization allows the readers to dive deep into the story, perhaps detecting hints in to what the characters are feeling or thinking. These methods prove successful in portraying how two characters, Maggie and Mama, psychologically confined themselves, thus resulting in submissive attitudes towards their intimidating and educated sister/daughter, Dee. The story takes place in an old run down house where Dee's mother, Mama, and daughter, Maggie, of African American descent. A poor family, they live a simple life and are people of faith. Mama has another daughter, Dee, who was sent away to be educated at an early age. Dee being pretty, superficial, and snobbish likes to belittle her mother and sister who are neither educated nor pleasing to the eye. Maggie is homely and badly scarred from being burned in a fire, which leaves her envious of her beautiful sister. Dee comes back one day to â€Å"visit† and asks her mother for an heirloom quilt that has already been promised to her sister. Maggie, who is used to seeing Dee get her way, is stunned when her mother denies Dee the quilt. Through Mama, the narrator, Walker uses characterization to share Mama’s observations of her daughter Maggie. From this it is easy to see what kind of person Maggie is and how she might perceive herself. Details shared throughout the story tell that Maggie’s self-image is one of negativity, which explains why she is always cowering and hiding herself in shame. Mama observes her poise while in her sister’s presence; â€Å"She will stand hopelessly in corners homely and ashamed of the burn scars down her arms and legs.† One can only imagine the effect of having burn scars and what it can do to one’s self esteem. It is also stated, â€Å"she stood there with her scarred hands hidden in the folds of her skirt.† Maggie’s posture and poise is one of doubt. â€Å"She ha... Free Essays on Every Day Use Free Essays on Every Day Use â€Å"Everyday Use† is a short story in which the use of imagery combined with characterization allows the readers to dive deep into the story, perhaps detecting hints in to what the characters are feeling or thinking. These methods prove successful in portraying how two characters, Maggie and Mama, psychologically confined themselves, thus resulting in submissive attitudes towards their intimidating and educated sister/daughter, Dee. The story takes place in an old run down house where Dee's mother, Mama, and daughter, Maggie, of African American descent. A poor family, they live a simple life and are people of faith. Mama has another daughter, Dee, who was sent away to be educated at an early age. Dee being pretty, superficial, and snobbish likes to belittle her mother and sister who are neither educated nor pleasing to the eye. Maggie is homely and badly scarred from being burned in a fire, which leaves her envious of her beautiful sister. Dee comes back one day to â€Å"visit† and asks her mother for an heirloom quilt that has already been promised to her sister. Maggie, who is used to seeing Dee get her way, is stunned when her mother denies Dee the quilt. Through Mama, the narrator, Walker uses characterization to share Mama’s observations of her daughter Maggie. From this it is easy to see what kind of person Maggie is and how she might perceive herself. Details shared throughout the story tell that Maggie’s self-image is one of negativity, which explains why she is always cowering and hiding herself in shame. Mama observes her poise while in her sister’s presence; â€Å"She will stand hopelessly in corners homely and ashamed of the burn scars down her arms and legs.† One can only imagine the effect of having burn scars and what it can do to one’s self esteem. It is also stated, â€Å"she stood there with her scarred hands hidden in the folds of her skirt.† Maggie’s posture and poise is one of doubt. â€Å"She ha...

Operation Management Essay Example | Topics and Well Written Essays - 500 words - 3

Operation Management - Essay Example They could be involved in trading activities. Under such circumstances, there should a clear green channel established which reduces the lead time to a manageable limit. In these cases, the turnaround time could be limited to say, 48 hours. In such exception orders, the customer service executives and managers need to play the role of single window clearance agents. In other words, they need to be the face of the company. The customer service personnel need to be capable of handling all order related communication, product related enquiries and any other pertinent information. There should be no involvement of sales and marketing personnel. In the case, we read about exceptions relating to the prices. Necessary approvals are obtained and the orders are processed. However, we also need to address customers who automatically become eligible for some price cuts, once they have placed a certain defined quantum of orders. This information needs to be decided in coordination with finance and sales personnel. Accordingly, for the specific customers, the applicable price discounts could be automatically applied for either bulk orders or for cumulative orders that have exceeded defined tonnage. We reiterate that this process should be captured in SAP and should not fall within the daily purview of sales and marketing divisions. In our case, we talk about shipments by sea and road. The company also needs to consider air shipment as another possible mode for express delivery. There could be a certain class of customers who are keen on availing this facility. Accordingly, the third party logistics provider should be informed to use this option in specific cases. The customer service team should also make provisions for the right set of documentation relating to air shipment. The case mentions modes of dispatch. We find that it does not talk about measuring supply chain efficiencies. Unless the company measures performance