Part A (Question 1) Free-Market Perspective What is “free-market” perspective on accounting regulation? Deegan (2010‚ p.38) states: Accounting information should be treated like other goods‚ with demand and supply forces being allowed to operate to generate an optimal supply of information about an entity. In the absence of regulation‚ managers still provide financial information for the interest of the organisation. Market mechanism would ensure the information published to be prudent. Managers
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Immigrants from all over the world come to America with the intention of living a better life than how they lived in their home country. There are many success stories‚ but is that how it is today? Wallechinsky’s article “Is the American Dream Still Possible?” emphasizes how the American Dream is harder to achieve today due to prices rising‚ smaller wages for employees‚ and less benefits. To begin with‚ the American Dream is harder to achieve because prices continue to rise in the U.S. According to
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constantly changing because of many scientific and technological developments. In one hand‚ during the past decades countless new fields of employment have opened up due to the discovery of several technological inventions‚ which has raised the number of possible jobs to be taken‚ consequently leading to the diminishing of the unemployment. But in the other hand‚ many work posts have simultaneously been replaced by machines‚ which has also unemployed lots of workers. In spite of the fact that it creates a
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Market Segment. Three good ways to define market segments: (1) Who the customers are; (2) Where they are; (3) How they behave. How does each of these definitions apply to you? Name three market segments of which you could belong. Why? What products or services are you being targeted for? Some of the best ways to define a market segment are: Identifiable: The process should identify one or more relatively homogeneous groups of prospective buyers with regard to their wants and needs and/or
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ABSTRACT Commodity market is gaining attention worldwide as a best alternative investment options. As the demands for various commodities increase‚ markets are steady and the fluctuations are predictable. It is also easier to manage and fetch good yields‚ if done properly. However‚ the investor needs to monitor commodities market on regular basis at the right time to achieve his investment objectives. The global meltdown has resulted in escalating precious metals such as gold and silver in gaining
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Industrial Market Vs Consumer Market Market Structure Understanding Industrial markets Industrial Market Geographically conc. Fewer buyers (relatively) Big buyers ( small number of large buyers) Consumer Markets Geographically dispersed Mass markets Free Market (large number of buyers) 1 Industrial Market Vs Consumer Market Market Structure - Example Understanding Industrial markets Industrial Market ( Rutile for Paints) Major ten cities. Fewer buyers (example 500) Oligopolistic buyers with
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Market Segmentation Introduction The process of defining and subdividing a large homogenous market into clearly identifiable segments having similar needs‚ wants‚ or demand characteristics. Its objective is to design a marketing mix that precisely matches the of customers in the targeted segment. Few companies are big enough to supply the needs of an entire market; most must breakdown the total demand into segments and choose those that the company is best equipped to handle. Four basic factors
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ZARA • Brand Wheel • Zara Business model • Marketing Objective • Marketing vehicle/ Ways • 5 Learning’s from Amancio Ortega Zara – Brand Wheel Attributes Benefits Values Personality Fashionable clothes‚ Varied assortment‚ Trendy colors‚ feminine cute Fashionable Product lines for moderate costs ‚ Customer- centered business‚ Runway trends adapted for the streets Fashion – oriented women‚ Trendy in every situation‚ feeling good about looking good Fashion – friendly‚ Feminine‚ Hot and trendy
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level of educational attainment for different groups. The different causes for the gap‚ different ways to reduce the gap‚ as well as examples of schools that have successfully done so will also be discussed. The Achievement Gap: Causes and Possible Solutions What causes the gap? Many educational researchers have studied the causes of the significant achievement gap between Caucasian middle or upper class students and African-American or Hispanic underprivileged students‚ and have demonstrated
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Privacy in the 21st Century: Is It Possible? Lisha Morant Eng 122 English Composition II Dr. Hazar H. Shehadeh 13 May 2013 In the 21st century‚ there are strong expectations for privacy; however people’s privacy is being invaded on a regular basis (Bier‚ 1980). Privacy gives one the opportunity to make a conscious decision on whether or not they want to disclose specific information about themselves to others‚ and the value of privacy is growing harder to maintain on a daily bases (Bier‚
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