#14th day

14th 15th and 16th day of Drawlloween and inktober 2016

Stay tuned on my DA:

THE 5 IDENTITIES OF AN ENTREPRENEUR

In this video I learned about why entrepreneur think the way they do, and why they have the level of energy they do. So in this video I listen about the five identities of an entrepreneur. First an entrepreneur, is an athlete, because they normaly can learn from athletes, the work ethic, athletes play when everyone else is on vacation, athletes stay in shape, athletes practice, interview and they're competitive.

Second, the are head Coach. Third, they are a CEO. Fourth, they are a leader of the Nation. And finally, they Think About Someone Who is About to Lose it All.

In this new, "The guardian" talk about the apologize that the billionaire former BHS boss, during fiery Commons hearing, said he was working on a solution to pension deficit.

Sir Philip Green will have to make a generous offer to rescue the BHS pension scheme if he wants to save his reputation and knighthood. Green promised to resolve the problems facing the pension scheme and apologised for the collapse of the department store chain during an extraordinary parliamentary meeting.The 64-year-old insisted that the financial structure of BHS during his tenure in charge was “not excessive” and claimed that between 2004 and 2015 as much as £800m had been pumped into the business. “We put all that back into the business and more,” he said of the shareholder payments. Green also said he had a “clear conscience” over the tax structure of his businesses. “We have run these things properly and paid everything due,” he stated.

Green denied Chappell’s claims that he had pushed BHS into administration by blocking a rescue deal with Mike Ashley’s Sports Direct. He claimed to have had “no involvement in that deal whatsoever” initially, but then offered to pay a “few million” to top up Ashley’s offer when he found out.

UNIT 28 PROFITABILITY AND UNPROFITABILITY

Description --> In this unit the author explains the profitability and unprofitability, that contains subjects of profiable and unprofiable products, budget and expenditure, economy of scale and the learning curie and balance sheet.

What I learned --> In this unit I learned about the profitability and unprofitability, that contains vocabulary of profiable and unprofiable products, budget and expenditure, economy of scale and the learning curie and balance sheet.

Profiable and unprofiable products: make a profit, profitable, profit marketing, break even, reach break-even point, loss, loss marketing, loss reader, money-spinners, and cash cows.

Budget and expenditure: budget for, budget, actual expediture, over budget, over spent, underspent, under budget, and spend.

Economy of scale and the learning curie: economies of scale, experience curie, and learning curie.

UNIT 27 SALES AND COSTS

Description --> In this unit the author explains the sales and costs, that contains subjects of sales 1, sales 2, costs, and margins and mark-ups.

What I learned --> In this unit I learned about the sales and costs, that contains vocabulary of sales 1, sales 2, costs, and margins and mark-ups.

Sales 1: sales, sales meeting, sales figures, turnover, revenue, target, volume, sales growth, and sales forecasts.

Sales 2: make a sale, be on sale, until sale, sales, a sale, and the sale.

Costs: costs, fixed costs, variable costs, cost of goods sold (COGS), indirect costs, overhead cost/ overheads, expenses, and costing.