The bagpipe‚ though still widely used and recognized‚ is one of mankind’s oldest musical instruments. The bagpipe’s early ancestors can be traced all the way back to ancient Egypt‚ Babylonia‚ as well as Mesopotamia. Those early versions were reed-sounding single-pipes or double-pipes. These pipes are also known chanters. The basic means of sound producing comes from the vibrating of a reed or double reed on the chanter under the pressure of the breath. The double-pipes are thought by some to have
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Chapter 1 Managerial Accounting‚ the Business Organization‚ and Professional Ethics Management accounting produces information for managers within an organization. Financial accounting produces information for external parties‚ such as stockholders‚ suppliers‚ banks‚ and government regulatory agencies. What kind of accounting information do managers need to achieve their goals and objectives? Good accounting information helps answer three types of questions: 1. Scorecard questions 2. Attention-directing
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Case Analysis #1: Will GM’s Strategic Plan Lead to Future Success? Ivy Tech Community College Business 105-00F In an ever changing world‚ where a business can appear one day and are gone the next‚ General Motors has adopted a strategy to avoid this catastrophe. Knowing if they wanted to stay in the game‚ they would have to make a few sacrifices and changes for the better future of the company. 1) Which of the four basic strategy types were used by GM? Explain your rational
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transform Tod’s S.P.A into what it is today. Analyst Davide Vimercati notes‚ “Tod’s is proof that if you manage your brand consistently and you build brand equity over the years‚ you reach a stage where demand remains strong‚ even in tough times.” 16-1. How can a company measure its competitive advantage? How does a firm know if it is gaining or losing competitive advantage? Cite a global company and its source of competitive advantage. Competitive advantage is defined as “ an advantage over competitors
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1. What do you think is causing some of the problems in the bank’s home office and branches? I think what is causing some of the problems in the bank’s home office and branches are that the employees do not understand and know exactly how to work the machine. “Johnson replied that she really did not know what the machine was called or what it did. She explained that she had been working there for only 2 months. She did‚ however‚ know precisely how to operate the machine.” (Case#1 pg. 17). The employees
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ABINGTON-HILL TOYS‚ INC. PART I – INTRODUCTION Due to the death of the last original founder‚ Lewis Hill‚ the financial condition was deteriorating under Hill’s last-year control. Owners of the firm decided to find a capable manager to improve the firm’s financial condition and reshape the company as well. Then‚ Vernon Albright was selected as the new president of this company. Lately‚ David Hartly became the comptroller assistant and was responsible to analyzing the firm’s financial conditions
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Governmental Acct. Chapter 1 Homework 1-1) What justifies the different accounting & financial reporting practices of gvmt. & not-for-profit organizations as compared with business organizations? The fact that governments may have a monopoly on the services that they provide and the taxpayers must provide resources to them regardless of what they are‚ and efficiency is hard to measure as well as the quantity or quality of the services. 1-2) Describe the principal differences that distinguish
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CASE 1 Choosing a New Director of Research Sandra Coke is vice president for research and development at Great Lakes Foods (GLF)‚ a large snack food company that has approximately 1‚000 employees. As a result of a recent reorganization‚ Sandra must choose the new director of research. The director will report directly to Sandra and will be responsible for developing and testing new products. The research division of GLF employs about 200 people. The choice of directors is important because Sandra
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Case Study #1: Green Valley Medical AEM 4570: Advanced Corporate Finance Name: Di Hu Net ID: dh583 1. What are the key elements of Green Valley’s strategy? a. What kind of hospital is it‚ and how does that relate to their overall strategy? Green Valley Medical Center is a nonprofit teaching hospital comprising of 330 beds affiliated with a large state university in a midsize town located several hours from the state’s two urban centers. It was the only regional hospital
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Feudalism was a unique form of government that unified the people of medieval Europe. Farmers were the producers for crops and revenue in feudalism. The system was about different levels of the feudal pyramid that give to receive essential needs for survival. Feudalism was supported by the working force‚ the farmer serfs. Without them‚ the entire system would have collapsed. Farmer serfs were an essential part of feudalism. Feudalism was a system based off contracts of loyalty and power between the
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