All income (also called revenue) is recorded as a credit. All expenses and debt are recorded as debits. Asset accounts: Cash‚ bank‚ accounts receivable‚ inventory‚ land‚ buildings/plant‚ machinery‚ furniture‚ equipment‚ vehicles‚ trademarks and patents‚ goodwill‚ prepaid expenses‚ debtors (people who owe us money)‚ etc. Liability accounts: Accounts payable‚ salaries and wages payable‚ income taxes‚ bank overdrafts‚ trust accounts‚ accrued expenses‚ sales taxes‚ advance payments (unearned
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SPECIAL POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS: I/WE CAROLINA Y. MATSUDA ‚ of legal age‚ filipino‚ married with residence and postal address at #200 Bulusan Ayala Alabang‚ Muntinlupa City do hereby APPOINT‚ NAME CONSTITUTE NOVELITA BAYOCA likewise of legal age married‚ and residing at Block 10 Lot 6 Vallejo Place‚ Egret St. Imus Cavite City‚ as my true and lawful attorney-in-fact for me and in my name‚ place and stand to do and perform the following acts and things to wit.
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1.05 – DESIGNING YOUR OWN EXPERIMENT Lesson Organizer Use this document to help you design your experiment about one of the scenarios from the activity. Copy and paste the template then insert your information for each of the steps of the scientific method. Scenario Topic: Animals in Captivity Problem (2 Points) Research (2 Points)Hypothesis (4 Points)Procedure (4 Points) Analysis (4 Points) Conclusion (2 Points) Does captivity affect the overall health of marine animals
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Philips Electronics “Stakeholders (or interest groups) are tangible‚ visible and approachable groups or institutions which have a direct influence on the functioning of an organisation.” INTERNAL STAKEHOLDERS Employees Philips employees work in different divisions: Healthcare‚ Lighting‚ Consumer Lifestyle and Innovation & Emerging Businesses. Within these divisions‚ you can have a general leadership position‚ occupy a functional leadership position‚ you can be specialist‚ etc. Philips says it’s
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Corporate Social Responsibility and Emergent Models in Management of Stakeholder Capital in Philippine Conglomerates Serafin D. Talisayon Fifth International Research Workshop on Asian Business Singapore Management University‚ Singapore 13 April 2009 Abstract The paper adopts a social benefit-cost analysis framework to look at three stages in the historical development of management of stakeholder capital of corporations in the Philippines. The first two stages were government-driven. Stage One
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illustrates that strategy formulation is not just a simple process of matching capabilities to environmental ‘requirements’. Understanding the political context within which strategies are formulated leads to a process of balancing a variety of stakeholder interests whilst delivering and developing cultural and artistic ambitions.1 Evaluation of the theatres The activity of these three theatres is heavily depending on grants2. The primary
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Assignment 1: 8 Key Factors to Ensuring Project Success (1) Do you agree with the 8 Factors the author proposes? Why? Absolutely‚ I agree 100%. To reference a more complex past/ongoing project as an example‚ I can state unequivocally that whenever one of the key factors outlined in the article was overlooked or outright ignored‚ the project suffered. The initial Business Case was strong and clearly outlined to all involved. The greater purpose of the initiative was easily sold and everyone
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3 Key Elements of Economics There are many key factors that make up the economic system all which must work together in order to effectively direct scarce inputs into wanted outputs. For this purpose the focus will be on 3 of those key elements. this includes the idea of no such thing as a free lunch‚ transactions as an obstacle to trade‚ and how the invisible hand directs buyers and sellers toward activities that increase general welfare. All three of these elements are essential for a greater
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CHAPTER 1 The Importance of Business Ethics SUMMARY This chapter provides an overview of the field of business ethics. It develops a definition of business ethics and discusses why it has become an important topic in business education. It also examines the evolution of business ethics in North America and explores the benefits of ethical decision making in business. Finally‚ the chapter provides a framework for examining business ethics in this text. LECTURE OUTLINE I. Business Ethics
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Shelman reveals how the chicken giant adapted its famous fast-food formula for the local market. Key concepts include: • In China‚ KFC’s strategy was to be part of the local community‚ not be seen as a foreign presence. • China division chairman and CEO Sam Su combined the best ideas from the US fast-food model and adapted them to serve the needs of the Chinese consumer. • Only a small number of menu items would be familiar to Western visitors: the Chinese KFC offerings include fried dough sticks‚
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