field engineering and technical support. Customers are electronic equipment manufacturers primarily in the telecommunications‚ networking‚ computing‚ industrial‚ and consumer markets. Products are sold globally through a direct sales management organization and through franchised domestic and foreign distributors. (Source: Company 2007 Form 10-K) Learning Objectives • Discuss the economic and corporate issues surrounding stock-based compensation. • Understand how to account for stock-based compensation
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In- House Vs Outsourced Accounting Services We have mentioned time to time how important it is for a business entity to have a good accounting department and have up to date and accurate accounting books. A business entity will require an accounting information so as to enable it manage and control its finances and resources. It also needs it for it to be able to improve on its level of profit earning‚ should it realizes it is declining in its profitability level. But most small to midsized companies
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Organization of hotel Individual hotels are usually organized along functional lines‚ with departments grouped according to the particular work activity in which they are engaged. The hotel is divided along functional lines into five administrative departments: rooms‚ food and beverage‚ accounting‚ sales‚ and personnel. The five department heads report directly to the GM. Each department is subdivided into smaller organizational units. These subdivisions represent refinements of the work performed
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performance of subordinates in the shop. * Achieve business and organization goals‚ visions and objectives * Deal and make decision on dairy problems occurring in our shop. Marketing Role: * Creates and manages campaigns and promotions. * Build awareness and a favorable image for the shop. * Handle e-mail activity capability and Web activities including suggestive selling and awareness advertising. Finance& Accounting Role: * Manage funds and planning for the expenditure of
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RESPONSIBILITY ACCOUNTING IN FOSTERING GOAL CONGRUENCE RATIONALE: It is impossible for top managers to make all the necessary decisions about everything except in very small organizations. Somehow at some point he has to delegate some decisions to those who are at the lower levels and are more knowledgeable to the everyday detail of the company’s operation. By empowering lower level managers to make decisions‚ decision-making authority is spread throughout the organization rather than being
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Introduction: This paper is written about "learning in an organization"‚ in other words‚ how to transfer knowledge between people who work in the organization. The authors of this study propose that knowledge has two perspectives; one is tacit knowledge and the other is explicit knowledge (Nonaka and Takeuchi 1995)‚ and these two kinds of knowledge can be managed in an organization‚ which Nonaka and Takeuchi (1995) called SECI model. The theory is put on a situation which I joined. I managed business
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Comparing Accounting Software Programs to Manual Accounting Manual accounting uses several paper ledgers to record financial transactions. It is very time consuming to record each single transaction onto paper‚ being very cautious not to make an error. There are several ledgers for each part of the accounting system‚ such as accounts payable‚ accounts receivable‚ and revenue accounts. Combining these ledgers into one general ledger‚ provide the balance for each ledger. The general ledger
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Until the late 1980s‚ business school curricula emphasized the technical aspects of management‚ focusing on economics‚ accounting‚ finance‚ and quantitative techniques. Course work in human behavior and people skills received relatively less attention. Over the past three decades‚ however‚ business faculty have come to realize the role that understanding human behavior plays in determining it manager’s effectiveness‚ ana required courses on people skills have been added to many curricula. As
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HISTORY OF ACCOUNTING Primitive Accounting Traced as far as 8500 BC in Mesopotamia through the use of clay like: a. Record for paid wages b. Record purposes‚ as general Pyramids in Egypt‚ for the costs of structures Other places like China‚ Babylon‚ and Greece Middle Ages More formal account-keeping methods were developed by the merchants and banks. Double-entry records first appeared in Genoa in 1340 AD. First accounting book was written by Contrugli in Naples Summa de Arithmetica
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support (as a quality indicator of employees’ exchange-based relationship with the organization) constitutes an alternative‚ external motivator of on-the-job brand building behaviors; when organizational identification is high‚ perceived organizational support boosts employees’ voluntary participation in brand development and positive word-of-mouth. These findings highlight the managerial relevance of the employee-organization relationship for turning employees into brand champions and show how organizational
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