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Answer: 1.Scenario 1 According to the conceptual framework, an expense consists of losses and expenses that occur in the ordinary course of business activities in the enterprise(Tent, 2015). Losses on the other hand characterises items that meet the definition of the expenses and may or may not arise in the ordinary course of business activities( Dichev, 2017). Losses represents decrease in economic benefits and hence are similar to that of o...
Answer: Introduction Jetstar Airways Pty Ltd., which also trades as Jetstar is an Australian budget airline (Jetstar.com. 2018). The headquarters of the Jetstar Airways is in Melbourne, the capital of Australia and the most populous city of Australia. The Jetstar is the fully owned subsidiary of Qantas Airways, which is the largest airlines service in Australia . Jetstar was owned by Qantas to provide low cost service and also to compet...
Answer: Health and wellness play are crucial in the life of every individual. The factors, which affects the health of an individual in the later years of life. The report brings out the significance of life course approach to health, wellness, and ageing. The life course approach also, known as life course perspective refers to the approach to understand and analyse the lives of people in the social, structural and the cultural contexts. ...
Answer: Introduction The report intends to discuss the effectiveness of service management. In order to analyse the management decisions, the report takes an event as an example. The event was on Asian wedding for which was supervised for the purpose of analysing the decisions taken during the event in terms of service management. The report gives a general overview of Asian wedding event in the country. In addition to that, it also discusses...
Answer: This unit describes the performance outcomes, skills and knowledge required to plan and cost basic menus for dishes or food product ranges for any type of cuisine or food service style. It requires the ability to identify customer preferences, plan menus to meet customer and business needs, cost menus and evaluate their success. You are required to demonstrate skill in: Critical thinking to evaluate the food service preferences of th...
Answer: Risk-based strategies have increasingly gained in popularity in a number of countries. They are promoted as leading to greater efficiency in the management of resources and to increased quality and rationality in regulation (Braithwaite et al., 2007). These risk-based approaches, consist of a wide array of implementation and enforcement activities, thereby taking the form of risk-based regulation. They involve different players, both pri...
Answer: Introduction The role of strategic management is vital for the organization because it ensures that goals of the organization are set and internal environment is set for attaining the objectives. More and more organizations have become aware about the strategic planning which is the fundamentals aspect in successfully facilitating them by an kind of contingencies either internally or externally, organizations have initiate...
Answers: Introduction Venus Mobile is a part of manufacturing industry and it produces mobile phones which are distributed across the globe. Mobile phone industry is growing at huge rate because of the increased consumption and demand. Major factor behind enhanced consumption and the demand of the smartphones is increasing population. In this industry, customer bargaining power is at its peak due to huge number of manufacturers and distributo...
Answer: Introduction: Telecommunication is one of the potential and promising businesses in United Kingdom (Lu et al. 2014). In United Kingdom, all the communication trunks are digital in nature and they used submarine communication cable in case of international business or deals. However, there are many multi-national telecommunication companies in United Kingdom of whom Vodafone is essential (Linge and Sutton 2016). As per the market requi...
Answer: Introduction The health care industry has been facing a lot of transformation in the market in comparison to other industries in the market. The traditional health care method has been transformed into modern technique that have helped in providing quality health care services. The health care services in the organizations have been enhanced with advanced technology including implementation of cloud computing. However, there are vario...
Answer: Rupi Company is the company of my choice which basically deals with the manufacture and supply of organic cotton towels. In general, for any company to be successful, it needs to have potential suppliers who are consistent and offer quality service and products. As the owners of the company, we came up with a list of three suppliers who have specific function in the company for its effective and efficient production. The list of suppli...
Answer: Introduction: Effective communication leads to better project management. Communication is about speaking to and hearing from people. This also includes understanding the entire message. It refers to the exchange of data. This is done from one particular stage of the project to the other point efficiently. However, various difficulties are faced while implementing that because of different factors such as nature of a ...
Answer: Since ancient times timber has been considered an essential material for construction of buildings and other structures. The structural stability of this timbers was determined by use of simple calculations and assumptions which were validated by the several practical which were carried out (Andrews, 2011). The strength capability of timber is very complicated. The strength capability of wood is a matter of several parameters whic...
Answer: Introduction The report is a discussion on retail theory and practice of Next, the fashion retailer of United Kingdom UK (Next.co.uk 2018). Next represents the British multinational clothing, home product and footwear retailer with headquarters in Enderby, Leicestershire. The concept of retail explains the sale of the goods to the public in comparatively smaller quantities particularly for consumption or use instead of resale. The ret...
Answers: 1.Factors that cause or predict high or low self-esteem during adolescence: Adolescence is a transition stage from childhood to adulthood. It is indeed a very critical stage as a positive or negative development of adolescent during this stage will also influence their future in either way. According to Steiger et al. (2014), adolescent or the teens develop a low or high self-esteem depending on the various external circumstance...
Answer: Introduction Investment in the airport is one of the booming areas in the recent time for the investors. This is due to the reason that air traffic is rapidly increasing along with the increase in the number of flights. Thus, the existing airport infrastructure is not enough to meet the growing demand in air transport sector. More investors are becoming interested in investing in the development of the airports in order to have ...
Answer: Introduction: Peter is facing significant problems even after availing help from the homelessness support groups. His time in the streets as a homeless person had made it very difficult for him to adjust and live in a social community. His history of shoplifting and prison stays had also made him a potential threat to the other people who were living in the hostels. Despite being continuously approached by the outreach teams, he kept ...
Introduction The study focuses on the nature and characteristics of the UK economy. It also highlights on how the economic system of this nation affects on the business organization of this nation. The UK economy is highly developed economy and is the fifth biggest in the globe as accounted by GDP (Gross Domestic Product). This nation has been ranked ninth biggest in terms of PPP( purchasing power parity). The service industry mainly dominates t...
Answer: Introduction The oil and gas industry is regarded as one of the most important industries in ensuring development of mankind. The journey of British Petroleum began with the discovery of oil in Persia during 1908. The organisation has always stayed updated with the changes in the business environment and has evolved to ensure that the business is striving towards a sustainable future. The current CEO of the company is Bob Dulbey and t...
Answer: Maharjan Manufacturing Pty Ltd is the medium sized company having its administration office based in Sydney, NSW. The company is engaged in the operating and manufacturing of generators since the year 1990. the company has 2 manufacturing plants those are based in Port Macquarie and Coffs Harbour, NSW.The manager of the company wants to enhance the sales and production in the year 2018. the main issue of the case is to decide abo...
Answer: The power point presentation is based on the analyses of the barriers that are associated with the entering a market. Along with this, it includes the ways that will help the company to overcome those barriers. Overview of the company The company that has been selected is Crowd Delivery which is a new start-up in Brisbane, Queensland, Australia. The team of the crowd delivery is highly driven by solid foundations in ...
Answer: Homelessness Poverty is a social issue that affect many societies. Isaacs et al. (2014) attribute poverty to income gaps between people depending on individual earnings. More often, using household income to measure poverty always reveal that most people earn below the average. Isaacs et al. (2014) acknowledge Seebohm Benjamin Rowntree as one of the people who pushed for people to have a basic minimum income provided by the stat...
Answer: Role of Resources Barringer and Ireland (2015) stated that the resources are considered as an economic and productive factor which helps in accomplishing an activity, or to undertake an endeavor for achieving the desired results. The three basic resources are capital, labor and land, which are immensely important for the growth of any organization. Other resources include; entrepreneurship, expertise, time, management, energy, informa...
Answer: A company faces various kinds of risks in its entire business cycle. These risks differ in their nature and implications. It is the responsibility of the management as well as the auditor to investigate these risks and ensure the company’s overall well-being. (Refer to Appendix 1 for types of business risks) Some of these risks have been explained below: Business riskrefers to those kinds of risks which may result in dec...
Answer: Introduction Research is a systematic process of collecting and evaluating information regarding a particular issue to establish an affirmative conclusion or solution to the problem studied. Researches are conducted to further the development of knowledge about a given theoretical topic. In performing a research study, scientific and mathematical methods are used to describe, clarify, predict, and control a phenomenon investigated in ...
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