This assessment is to demonstrate an understanding and appreciation of the topics taught in leading and motivating a team effectively module of the ILM Level 3 Course in Leadership and Management. The document will be split into two main sections‚ the first section will focus on how to communicate an organisations vision and strategy to the team as well as provide an analysis on its importance. The second section will look at the role motivation in the development of a team. Section 1: How to communicate
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Managing Financial Resources & Decisions Assessment Tansy Addis STU34029 1a when considering setting up an organisation there are a number of factors that should be considered. Depending on these factors will determine how your business will be set up‚ the three main types of business being Sole Traders‚ Partnerships and Limited Companies. Sole Proprietors - This business is wholly owned by one person only and will usually be financed
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unit is to enable learners to delegate work effectively and empower others. note:An ILM Assessment Task provides an opportunity to relate your learning directly to your current organisation. It is recommended that you discuss the assignment with your line manager to explore and agree how the task could be used to support the needs of your employer (as well as evidencing your learning as part of completing your ILM qualification).If you are not currently working within an organisation‚ then you may
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This unit will give learners a foundation in financial principles and techniques relevant to the strategic management process. It encourages learners to explore the nature of cost-based financial data and information‚ the impact of the budgeting process on the organisation‚ and the development of cost reduction and management procedures and processes. It also focuses on the management of these costs through the use of forecasting‚ appraisal and financial reporting procedures. One of the main objectives
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Assignment for Unit 335 Leading and Motivating a Team Effectively Connect the team with vision and strategy The example and am going to use for this unit is organising the work up programme for a 5 probationary firefighters at my local retained fire station in Staffordshire Fire & Rescue Service (SFRS)‚ where I have recently started working. Although both the watch and the Brigade are new to me I do come from a background in the fire service having served as a firefighter in West Midlands
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Managing Capital and Financial Assets As Competition Bikes considers expansion into Canada‚ it must decide if the initial investment is worth the potential return. This report will recommend the capital structure that will maximize shareholder return‚ analyze the capital budget and areas of concern‚ recommend how to obtain and manage working capital for the expansion‚ and evaluate the options of merging with vs. acquiring Canadian Biking. A1. Capital Structure Capital structure refers to how
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Table of Contents Introduction The aim of this assignment is to relate how an organisation communicates its core values and mission to the public‚ shareholders and employees. This is an objective that can easily get overlooked in the rush to master environmental analysis‚ strategic choice and outsourcing decisions. However it is important in practice and it is a challenge that many organisations take very seriously. Setting of organisational
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BTEC Level 7 Advanced Professional Diploma in Management Studies Managing Financial Principles and Techniques Prepared for: McCain’s Board of Directors By Arslan Irshad Dar Tooting and Broadway consults 12 June 2010 Table of Contents Introduction....................................................................................................1 Merits of accounting rate of return..............................................................................................1.1
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Managing Financial Resources & Decisions By: * * Introduction Top of FormBottom of Form | In this report we are going to help Mr T Jones to start his fast food restaurant in Manchester. Mr T. Wants to start a franchise restaurant Wimpy and needs help with the financial resources and planning part. Step one‚ there are different souses of finance and it’s divided into internal and external finance‚ money that comes from within a company and the
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Managing Financial Resources and Decisions Assignment 1: Introduction: In this assignment I will identify the sources of finance that are available to MPD Ltd‚ and I will be assessing the implications of the different sources that are available to MPD Ltd. In addition‚ I will look at different sources of finance that will be appropriate for this business. Task 1: Sources of finance: Mortgage Overdraft Loan Factoring Debentures Working capital Trade credit shares Mortgage: A mortgage is a loan
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