Ethics‚ Accounting and Business Decisions In the article "Business and Accounting Ethics" written by Dr. K. T. Smith and Dr. L. Murphy Smith‚ the authors affirm the need for ethics and decision-making in accounting due to recent unfavorable business practices. They stress the importance of maintaining and implementing regulations for professional conduct for public and private accountants. In addition‚ they raised question‚ "What is my highest aspiration? The answer might be wealth‚ fame‚ knowledge
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“Making Sure That Marketing Decisions Match the Business Strategy” 1. Comment of this statement: “Strategies most often fail because they aren’t executed well. Things that are supposed to happen don’t happen.” A successful business strategy can help companies effectively execute and stay ahead of the competition. Maintaining strategic direction and relentlessly executing - rather than reacting to competitive conditions - is the most consistent route to success. Along with a successful strategy
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5 Business Entity Concept- The business and the businessman are two different and distinct entities. I.e. that the firm and the partners‚ the company and the shareholders‚ the owners and the organization have their own distinct identities. All accounting is done from the perspective of the business. The accountant regards owners‚ creditors‚ suppliers‚ customers as parties transacting with the business. All transactions are viewed from the point of view of the business. Money Measurement
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“THE NOODLE MAKER” Karan Shah (9960051386‚ karanshah1234@gmail.com) Aditya Mundada (9552555015‚ adityamundada@gmail.com) SIBM Pune BUSINESS IDEA Business Concept The Noodle Maker is a labour of love. It is said that every entrepreneur worth his weight started out with a lemonade stand in his own backyard. The Noodle Maker is a business which takes the basic concept of a "lemonade stand" and makes it more mobile and relevant for today’s generation. We Indians love our Maggi‚ yes; we talk of the same
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PAGE 19 Note: If the divided result is fraction‚ it must be round up. If it is divisibly devided‚ the result must always be plus 1. 3.The Class Interval must be written in order from Min-Max‚ or Max-Min 4. Finding the Frequency of each Class Interval by using mark Example2: Draw a Frequency Distribution Table by setting the Class Interval width to 5 with belows data. The data is the height of 36 Vocational Diploma students. xxx xxx xxx xxx xxx xx xx xxx xx xx xxx xx Direction: 1. Range
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are • Behavioural • Psychoanalytical • Humanistic • Post Modern 2. Explain the concept of nature versus nurture. Nature is the biological qualities that an individual inherits from his parents through conception and nurture is the environmental factors and experiences that influence the individual from birth. 3. Explain the concept of genetic inheritance and how it applies to counselling. Genetic inheritance defines the inborn biological traits that are the foundation of
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GLO-BUS Exercise Works make decisions each period relating to the design and performance of the camera line (10 decisions)‚ production operations and worker compensation (15 decisions)‚ pricing and marketing (16 decisions)‚ corporate social responsibility and citizenship (up to 6 decisions)‚ and the financing of company operations (4 decisions). Your Company’s Operations -headquartered in the U.S.‚ began operations five years ago and maintains a production facility in Taiwan. It assembles
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The Poisson probability distribution‚ named after the French mathematician Siméon-Denis. Poisson is another important probability distribution of a discrete random variable that has a large number of applications. Suppose a washing machine in a Laundromat breaks down an average of three times a month. We may want to find the probability of exactly two breakdowns during the next month. This is an example of a Poisson probability distribution problem. Each breakdown is called an occurrence in Poisson
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1 Why probability and statistics? Is everything on this planet determined by randomness? This question is open to philosophical debate. What is certain is that every day thousands and thousands of engineers‚ scientists‚ business persons‚ manufacturers‚ and others are using tools from probability and statistics. The theory and practice of probability and statistics were developed during the last century and are still actively being refined and extended. In this book we will introduce the basic notions
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probability questions : 1. A real estate office has been averaging 1.8 sales per day for the past several months. What is the probability that the office will make 4 sales today? .0723 2. A washing machine in a Laundromat breaks down an average of two times per month. What is the probability that the machine will break down more than 28 times in the next year? .1775 3. Flaws occur randomly in a particular fabric with a mean rate of occurance of 1.5 every 5 sqare yards. If you purchase 20 square
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