B120 Tma03 Essay

It gives the opportunity to provide structured feedback and reflection and recognise ay achievements as well as identify any performance issues.

Our company has a moral obligation to keep our customers safe. The code of ethics within our company is to be honest and provide protection to the children who play with our products. The overall cost to our company is how big of a risk are we willing to take. Our company needs to decide if business growth and profit is more important than the risk we would be taking in delivering those toys to children.

A profit and loss account is supposed to show a businesses’ income and expenditures and calculate the company’s net profit or loss based on the difference between those numbers. It is really useful in determining past performance and to try to predict future

Jane thinks she will be taking ten months’ maternity leave after the birth of their child. Her employer’s maternity package is full pay for the first six months, and then on the statutory maternity pay, worth about £94 net per week, for the further four months. They looked into Adan taking some paternity leave but have decided against it, and

a.) The income statement, also called the profit & loss account (P & L), is used to illustrate a company’s revenues and expenses over a particular period of time. It shows the net profit and/or loss for the given period (the difference between the business’ total income and its total costs). It also allows shareholders to see the performance of the business and if it has made an acceptable profit.

Embrace new technologies to improve efficiency, maintain environmental stewardship through green practices and sustainable operations, support continuous improvement of the business processes, develop employees’ capability, and provide excellent customer services.” (Hillsborough County, 2015)

Brain Bigelow, John La Gaipa and William Corsaro have both made important contributions into understanding how children interpret “friendship”. Bigelow and La Gaipa carried out one of the first studies from what was a very under researched area. Bill Corsaro, a key figure in childhood studies, was particularly successful in gaining access into young children's worlds which has helped shape a further picture of this somewhat intriguing definition. Brace and Byford (2012)

Scott and Jean’s Icebreaker activities serve several different purposes, the first of which being to encourage the group to come together as a whole and get to know one another. The initial activity did a fabulous job of encouraging the youngsters to introduce themselves to their peers in a fun and non intimidating way. It ‘broke the ice’ (LGBT Youth Scotland clips 2-6). If the introductions had been done with a greater amount

Assessment 3 Case Study – BSBMGT502B This is Assessment 3 for this Unit In this Webinar we will cover:  The situation that happened leading up to the dismissal of Sam  The unfair dismissal claim  Discussion on the judgement  What could have been done to avoid the situation 

From the TGF discussions I have seen a variety of ideas from the group which broadened my horizons greatly on how

Being a partner is "a strong motivating factor," "You're not just an employee; you are an owner of the business. That makes you feel differently about everything."(Tom Miller department store director at JMP)

“Assess own leadership behaviours and potential in the context of a particular leadership model and own organisation’s working practices and culture using feedback from others”

The net income of an organization is calculated by subtracting total expenses from the revenue. The net income is generally referred to as the profit of the organization. However, the net income is used to determine how well an organization performed financially within a period of time. The net income is a better estimate of profitability than cash flow. The cash flow shows whether a business can sustain itself. The way an organization pays their bills can greatly impact the cash flow. The cash flow statement is useful to investors because the cash flow statement details where the cash is coming from, whether from loans, products or services, and investments (Wilkinson, 2014).

The forecasted profit and loss statement will allow Columbia Memorial Hospital to predict their upcoming financial performance over an accounting period. One of the best predictors of the future can come from healthcare managers analyzing data, which in turn gives them the information needed to identify whether the organization can make a profit for the given period (57).

In summary, the Profit & Loss report shows revenues earned (increase in owner equity), expenses incurred (decrease in owner equity), and the resulting Net Income or Net Loss in owner equity from the operation of the business during one specific period of time. It is one of the two main financial statements presented to investors and creditors outside the business.