product will sell itself Sales (prior to 1950s) – creative promotion will overcome consumers resistance and convince them to buy Marketing (Since 1950s) – The consumer rules! Find a need and fill it. Relationship (Since 1990s) – Focuses on building long-term‚ value-added relationships overtime with customers and suppliers. Marketing Myopia – the failure to recognize the scope of a company’s business. To avoid marketing myopia a firm must find innovative ways to reach new markets with existing goods and
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Week 5: Case Study 2 - Internal Control Acct Fin: Managerial Use‚Anlys 1. Inform the President of any new internal control requirements if the company decides to go public. (7 points) Answer – Based on facts given in the case‚ new internal control requirements that are needed for the company to go public are listed below a. Compliance with Sarbanes-Oxley Act Regulations b. Compliance with SEC‚ GAAP and IFRS procedures to record all transactions c. Internal audit on company financial
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com/financial-dictionary/economics/variable-costs-804 Marginal Cost. The American Heritage New Dictionary of Cultural Literacy‚ Third Edition‚ Houghton Mifflin Company‚ 2005. Retrieved September 9‚ 2012‚ from http://dictionary.reference.com/browse/marginal%20cost Money Terms. (2005). Marginal Cost. Retrieved September 9‚ 2012‚ from http://moneyterms.co.uk/marginal-cost/ Small business chron. (2012). Internal Rate of Return. Retrieved September 9‚ 2012‚ from http://smallbusiness.chron.com/
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PRINCIPLES OF ACCOUNTING I ACCT220 MIDTERM EXAMINATION REVIEW (Chapters 1 thru 6) Chapter 1 1. The basic accounting equation may be expressed as a. Assets = Equities. b. Assets – Liabilities = Owner’s Equity. c. Assets = Liabilities + Owner’s Equity. d. all of these. 2. Owner’s equity is increased by a. drawings. b. revenues. c. expenses. d. liabilities. 3. Collection of a $500 Accounts Receivable a. increases
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Chapter One↬ Humanism: Potential‚ Carl Rogers‚ Abraham Maslow Psychodynamic: Sigmund Freud‚ Unconscious‚ Repressed Memories Behaviorism: B.F. Skinner‚ Ivan Pavlov‚ John Watson‚ Environment‚ Reinforcement Cognitive: Thoughts‚ Internal Sentences Biopsychology: Hormones‚ Neurotransmitters Socio-Cultural: Religion‚ Race‚ Environment Wilhelm Wundt: First Psychology Lab‚ Structuralism‚ Introspection Eclecticism: Combination Approach‚ Multiple Perspective Gestalt: Whole Person‚ Max Wertheimer
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Chapter 2 - Culture – unwritten rules of behavior‚ or norms that are used to shape and guide behavior‚ that are shared by some subset of organizational members Escalation of commitment – Occurs when‚ in spite of evidence identifying a project as failing‚ no longer necessary‚ or beset by huge technical or other difficulties‚ organizations continue to support it past the point an objective viewpoint would suggest that it should be terminated. External environment - consists of all forces or
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Bahria University Islamabad Campus SOLVED/PINK PAPER Midterm Examination (Fall-2014) Department of Management Sciences Instructor Name: Ajab Khan Burki Program: MBA-3BCD Course: Corporate Finance Date: October 30‚ 2014. Time Allowed: 1-1/2 Hrs Max Marks: 25 Time: 05:30-07:00 PM Instructions: Attempt all questions. Formula sheet is NOT allowed. Q#01: Mr. Micheal John‚ an analyst with
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ACCT 2010: Fall 2012 Sections L08‚ L09‚ and L15 GROUP PROJECT Please form groups of four to five students. Each group should analyze three cases provided below and write a short report. The objectives of the project are to help you develop the ability to 1) evaluate situations that have ethical implications‚ 2) identify the stakeholders and their interests‚ 3) describe ethical dilemmas and propose solutions‚ and 4) explain the importance of social responsibility. Each group should submit a written
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ACCT 350—TENTATIVE SCHEDULE—Spring 2015 DATE TOPICS/CLASS WORK HOMEWORK 1-14 Course Introduction Chapter 2: Basic Cost Management Concepts 1-21 Chapter 2 continued Chapter 4: Activity-Based Costing Read Chapters 2 and 4 Ch 2: 28‚ 32‚ and 33 Ch 4: 28 and 29 1-28 Chapter 4 continued Chapter 7: Allocating Costs of Support Departments and Joint Products Introduce Time-Driven ABC article and Kemps LLC case Read Chapter 7 Ch 4: 30‚ 32‚ and 33 Ch 7: 7‚ 8‚ 9‚ 12‚ 20‚ 21‚ and 34 2-4 Chapter 7 continued
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Chapter 1 Strategic Management Process and its Components - Definition: o Art and science of formulating‚ implementing‚ and evaluating cross-functional decisions that enable an organization to achieve its objectives - Involves the full set of: o Commitments o Decisions o Actions - Required to achieve o Competitive advantage o Superior performance - Components o Vision o Strategy o Implementation Industrial Organization Model - External Environment o Examine the external environment
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