State the important objective of “Quality Control”. Explain briefly how Quality Control objectives are achieved in Engineering Industry. Introduction to Quality control Quality control is a process employed to ensure a certain level of quality in a product or service. It may include whatever actions a business deems necessary to provide for the control and verification of certain characteristics of a product or service. The basic goal of quality control is to ensure that the products‚ services
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B1 – Ethics‚ fraud and internal control at Bern Fly Company The main purpose that a good internal control must fulfil is to protect the firm’s assets from fraud and theft. As we can see from the description of Bern Fly Company’s case‚ the internal control within the company leaves much to be desired. As it can be read in the case the salespersons get commission promptly after each order taken by their customers without any control to check if that order is real or only a fictitious one. This
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Fundamentals of Internal Auditing September 5-7‚ 2007 A Three-Day Tutorial Philadelphia‚ PA on Internal Auditing September 19-21‚ 2007 Las Vegas‚ NV Basics October 15-17‚ 2007 Houston‚ TX • Get a well-grounded foundation in the concepts of traditional and operational auditing November 5-7‚ 2007 San Francisco‚ CA November 12-14‚ 2007 • Gain proven tools and techniques for performing value-added audits in the era of Sarbanes-Oxley and PCAOB Boston‚ MA December
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A Portfolio Reflection of Three Teaching Strategies and there Usage Introduction This writer has been teaching for the past twelve years; the introduction came at the University of the West Indies‚ Cave Hill Campus after graduating with a BSc. in Sociology and Politics where I first started tutoring in Introduction to Caribbean Politics and Sociology in the undergraduate programme. After three year of working in administration full-time and tutoring part-time‚ I decided that desk work was not for
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The internal environment: * Strategic competitiveness and above – Average returns result when Internal organization (What a firm can do : function of resources‚ capabilities‚ and core competencies) matches External environment ( What a firm might do : function of opportunities in the firm’s external environment → Competitive Advantage * Competitive advantage key points: * No competitive advantage lasts forever. * Over time‚ rival use their own unique resources‚ capabilities‚ and
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MARKETING CONSULTANCY CONTENTS LIST Executive Summary This report is about online marketing strategy of O2 Arena. The purpose of report is to explore different new and innovative ways of marketing for O2 which they are not using or using less effectively. The marketing consultants will explore number of key areas where the organisation under consideration can improve their marketing and attract more customers and increase their revenue further. First content is about the current
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Sarbanes-Oxley Act Relates to Internal Control” Accounting 1 November 2011 Writing Assignment-How The Sarbanes-Oxley Act Relates to Internal Control. In attempting to explain the Sarbanes-Oxley Act (SOX) and how it relates to the accounting concepts of control‚ some brief information is necessary to provide background on why it was enacted in 2002. Questions answered are why SOX was enacted‚ who passed this Act and why was it needed‚ what is internal control‚ how SOX Provisions and Requirements
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Describe the DMAIC (Define‚ Measure‚ Analyze‚ Improve‚ and Control) process The DMAIC is an acronym for the above elements which refers to a data-driven improvement cycle used for improving‚ optimizing and stabilizing business processes and designs. The D which stands for define means that a company has to define the purpose of a project and ensure that the project cycle will benefit its strategic purpose. Additionally‚ it is the ability to define the purpose of a project that leads to a team formation
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xx/xx/xxxx xacc/280 week 8 Checkpoint The collapse of Enron back in 2001 shows a number of unethical practice. This company shows unethical practice in accounting as well as business. This company is a perfect example on how unethical behavior of a few people can affect millions of individuals. This also affected these individuals for many years after. Enron was the first business to have nationwide gas pipeline networks. On November 8‚ 2001 Enron made an announcement in a SEC filing that
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William Truman March 5th 2014 Timeline Part I Major Event/Epoch in American History Time Period/Date(s) Description and Significance of the People/Event(s) to American History 1) Describe three different American Indian cultures prior to colonization. 1421-1521 1492-1504 1541- 1937 Aztec Indians: They were located in central Mexico and they spoke Nahuati language. In 1520-1521 Small pox hit‚ between 10% and 5o% of population was affected. The government was a system of
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