1. List what you believe should have been the three to five key internal control objectives of Goodner’s Huntington sales office. The Goodner Brothers‚ Inc. case is an example of when company profits derived from management’s culture facilitated weak internal controls which allowed employees to commit serious fraud. "Goodner’s’ executives preached one dominant theme to their sales staff "volume‚ volume‚ volume." The Goodner Company in an effort to undercut its cut back on operating expenses
Premium Internal control Sales
1. How has the convenience-store concept evolved in the United States. A company called Southland Ice Company found 7-Eleven in Dallas‚ Texas in 1927. They initially started by selling ice blocks that were used to refrigerate food in homes. Later‚ an employee at one of the stores started offering common essential groceries such as milk‚ bread‚ and eggs on Sundays. Customers valued the convenience of this since regular grocery stores were closed for the weekend. As this become popular‚ the stores
Premium Convenience store Filling station United States
War Prisons 1. Carved Chess Set a. These wooden chess pieces were carved by POWs at Elmira prison camp in New York. Games such as chess‚ created by hand by the prisoners‚ were common ways to make time pass in the camps. 2. Prisoner’s petition to Lincoln a. Prisoners in the Andersonville prison camp signed petitions‚ emploring Lincoln to do something about the state in which they were kept. However‚ these petitions never made it to Lincoln‚ or even past the guards at the camp. 3. Leslie’s Illustrated
Premium Prison World War II Penology
The two primary reporting alternatives Alcoa has in accounting for the repurchase of the shares include converting to treasury stock or formally retiring stock (Spiceland‚ Sepe‚ Nelson & Thomas‚ 2016). With either choice‚ the total shareholders’ equity would be equivalent: the cash and shareholders’ equity would decrease since cash is paid to repurchase the stock. By changing it to treasury stock‚ the cost is reported as a decrease in total shareholders’ equity. The purchase of the treasury stock
Premium
1.How is it possible‚ as Braddock noted‚ to have a great deal of data but little information? How does the SAP database and business intelligence component change this? Fresh Direct is a New York online grocery firm aiming to offer higher quality food with the best price which is 10-15% less than the local competitors and home delivery. The Fresh Direct has 300‚000-square-foot headquarter and 1‚500 employees. 8‚500 products and 200‚000 customers active in every day transaction. So every second
Premium SAP AG Customer relationship management
Question 1. In this day of age education is everything. To the corporate jobs‚ government jobs‚ or even small business are all driven through the power of education. It has become the top priority to landing a successful job‚ with a well deserving pay. It was once said that "education is the key to success." Education does not discriminate against sex‚ the color of your skin‚ or even your age. In this example Ms. Natale is a 73 year old woman who is thinking about going back to school to finish
Premium Education School Higher education
Managing the Hewlett Packard Way William R. Hewlett and David Packard are two organizational leaders who demonstrated a unique managerial style. They began their operation in a one-car garage in 1939 with $538 and eventually built a very successful company that now produces more than 10‚000 products‚ such as computers‚ peripheral equipment‚ test and measuring instruments‚ and handheld calculators. Perhaps even better known than its products is the distinct managerial style preached and practiced
Premium Management Hewlett-Packard Strategic management
1. Describe clearly the accounting changes Harnischfeger made in 1984 as stated in Note 2 of its financial statements. Prior to 1984‚ the Corporation used principally accelerated methods for its U.S. operating plants. The cumulative effect of this change‚ which was applied retroactively to all assets previously subjected to accelerated depreciation‚ increased net income for 1984 by $11.0 million or $.93 per common and common equivalent share. The changes as defined in Note 2 are as follows:
Premium Balance sheet Generally Accepted Accounting Principles Income statement
Explain the data collected by Zara to predict the trend. What makes the middle aged mother to buy cloths in Zara while the daughter aged in mid 20s buys Zara clothing? Because it is fashion able and up to trend. By collecting data and focusing on shorter response times‚ the company ensures that its stores are able to carry clothes that the consumers want at that time. Zara can move from identifying a trend to having clothes in its stores within 30 days. That means Zara can quickly and catch a winning
Premium Fashion Fast fashion Clothing
The Problems of Technology Transfer For several years the author was involved in a research project at a major aerospace corporation. The project studied techniques for program synthesis‚ automatic code generation‚ very high-level languages‚ graphical design tools and similar topics. The goal was to simplify specification of software systems and to make code synthesis practical by working in a restricted domain. As in most industrial research laboratories there was the pressure to show practical
Premium Software engineering Software development process Programming language