Students must have their College ID card to get their meal. They will also calculate margin of safety and target profit levels of activity. Slide 6 Variance Analysis The Variance is the difference between the budget and what is actually spent. This is the beginning of where the advancement in technology can help make a huge impact on the company, for the better!
Competitive advantage — An advantage gained over competitors by giving better value to consumer so that they choose your product and not theirs.
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Analyse the reasons why costs and budgets need to be controlled. How will I be assessed? Renaming Incorrectly Renaming something or someone incorrectly on a database can be a huge mistake, hugely if it were to happen to be a bank.
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Not every company will act upon the idea of technology advancements straight away, as all organisations will act in different ways. Explain the calculations used in break even charts. Contribute positively to our communities and our environment Recognize that profitability is essential to our future success.
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