Accounting Cycle 1. Identifying and Recording - The first step in the accounting cycle is analysis of transactions and selected other events. The first problem is to determine what to record. 2. Journalization- chronologically lists transactions and other events‚ expressed in terms of debits and credits to accounts. 3. Posting - The procedure of transferring journal entries to the ledger accounts. 4. Trial balance - lists accounts and their balances at a given time. 5. Adjustments -
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Case #1: Movies Why aren’t you going to the movies? No good movies Too expensive Bad experience Other ways to see movies Better things to do for the $ Better experience at home What would make you go back to the movies? Lower ticket price Food/beer Group discount Cheaper Loyalty/Reward Older movies Marketing (limited) Better location Better seats Better technology Better plots/TV Content Hit Books make movies from those No Ads Better Customer Service Tell people to be quiet if they are loud
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Case Study #1: STARBUCKS Seattle‚ Washington QUESTION #1 So‚ what does Starbucks need to do to return to growth and profitability? Should it lower prices? Should it expand its menu? What should be its strategy? In order for Starbucks to return to growth and profitability they should focus on the cost structure and tackle the net margin issue which would increase its Return of Equity and make a better use of its existing assets to increase its Return of Assets. A strategy of this would
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Case Analysis 1- Leading the New Plan 1. What went wrong for Alejandro? What mistakes did he make? Firstly‚ Alejandro’s team members did not view him as an authentic leader. They had no respect for or confidence in him probably because they sensed his self doubt so they disregarded his plan and did not pay attention. Secondly‚ Dan answered his phone and left for his weekly tennis game which everyone seemed to know about except Alejandro. As soon as the other team members saw that Dan wasn’t
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Chapter Sixteen: Organizational Structure and Design Chapter Synopsis This chapter presents an overview of how one goes about designing an organizational structure‚ touching on the topics of division of labor‚ delegation of authority‚ departmentalization‚ and span of control. From there‚ it delves into the nature of the structure itself‚ including formalization‚ centralization‚ and complexity. Three organizational design models are also presented and discussed: mechanistic‚ organic‚ and
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Teaching Notes FRESHDIRECT‚ AS OF OCTOBER‚ 2004 Case Uses & Objectives The FreshDirect case presents a strategy analysis and formulation problem in an entrepreneurial e-business environment. It provides students with a case that contains all the elements necessary to lead them through a course overview in a practical real-world setting. This case can be used to augment discussions of strategic analysis‚ specifically both internal and external environmental analysis (Chapters 2 & 3 in Dess‚ Lumpkin
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Case Study 1 Amar Vora Liberty University Case Study 1 1. Identify and describe the specific issues DeMur encountered in the workplace. Do the actions of other workers at Treton represent discrimination and harassment? What elements of law are important for Treton to consider? DeMur found very clear issues that can relate to Harassment and Equal Employment Opportunity discrimination within his work place. It started when his supervisor was hesitant to grant him days off for a religious event
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Quote Essay 15 3/27/15 "A little nonsense‚ now and then‚ is relished by the wisest men." Anonymous; used in "Charlie and the Chocolate Factory Every person in society deserves to be a little playful sometimes‚ because being a serious human being all the time‚ will make you into a different person than everyone else. Having fun is one of the most important things in life‚ because it lets a person come out of their shell‚ and just live for a little. Not only does having fun and being happy make
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Between 1865 and 1870‚ the 13th‚ 14th‚ and 15th Amendments outlawed slavery which "provided equal protection under the law‚ guaranteed citizenship‚ and protected the right to vote" (United States). Unfortunately‚ individual states continued to allow unfair treatment of minorities and passed the ’Jim Crow’ laws allowing segregation of public facilities. "The Civil Rights Act of 1964 outlawed discrimination on the basis of race‚ color‚ religion‚ sex‚ or national origin. It required equal access to
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Case Summary The computer virus employees of Symantec Corp. are never able to enjoy a finished product. They are constantly collecting viruses and suspicious codes to analyze the way they work and to find a solution to prevent these viruses form damaging the public’s computers. They are determined to provide their consumers with updated versions of anti-viruses for their computers. At the Symantec lab‚ they have a box‚ which has all dangerous types of viruses that needs or be disposed of. Vincent
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