Chapter 1 explores the concepts surrounding organizational strategy. It begins with an explanation of the term strategy and offers a basis for how to identify a company’s particular strategy. Next‚ it explores the importance of striving for competitive advantage in the marketplace and examines the role strategy plays in achieving this advantage. The chapter then explores the idea that strategy is partly proactive and partly reactive. Next‚ a discussion on strategy and ethics is given. This is followed
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AUDIT EXPECTATION GAP The phrase "Audit Expectations Gap" was first introduced into the literature over thirty five years ago‚ by Liggio (1974)‚ under the Cohen Commission. It was defined as the difference between the levels of expected performance "as envisioned by the independent accountant and by the user of financial statements" The term ‘expectation gap’ is commonly utilized to describe the situation whereby a difference in expectation exists between a group with a certain expertise‚ and
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Analyzing the General Environment Select three categories to analyze‚ from the list of the major forces that comprise the macro/general environment. Macro environment are external factors that have a direct impact on the organizations strategy and decision making. Those factors are uncontrollable. For example‚ some of those factors are: change in interest rates‚ change in cultural tastes‚ government regulations‚ social condition‚ technological changes‚ and natural forces. Those factors are usually
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including the theorist and key concepts. Carl Jung‚ rejected Freud’s view of primary importance of unconscious sexual urges as well as others. Jung looked at the primitive urges of the unconscious more positively and argued that they represent a more general positive life force that compasses the inborn drive motivating creativity and more positive resolution of conflict. 3. Give a brief explanation of one of the learning theories including the theorist and key concepts. B.F. Skinner‚ Stated that
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for us to increase the field industrialization. SJIBL is playing a vital role in developing industry of the country and putting the national economy competitive with world economy. The focus point of this report is to understand the activities of General Banking of Shahjalal Islami Bank Ltd. Part One Orientation of the report |Origin of the report
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100 questions worth 2 marks each = total 200 marks. Penalty for wrong answer= Minus 0.67 (=1/3rd of the mark allotted to correct answer.) time limit 2 hours If you cannot solve some of these question‚ don’t get demotivated. In UPSC there will be always some question from outside of what you’ve prepared‚ but you’re not required to tick 100/100 to crack prelims. Question 1 to 20 1. Which of the following concepts can be used to study the rate of acceleration of the Universe? 1. Supernovae Explosions
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Week 5 Assignment 1. In auditing the long-term investments account‚ an auditor is unable to obtain audited financial statements for an investee located in a foreign country. The auditor concludes that sufficient appropriate audit evidence regarding this investment cannot be obtained. a. F. Either a disclaimer of opinion or an “except for” qualified opinion. –If the auditor is unable to obtain financial statements for an investee it is considered a scope limitation in which either a qualified
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Theories of auditing There are several different theories that may explain the demand for audit services. Some of them are well known in research and some of them are more based on perceptions. Figure 1 illustrates four audit theories according to Hayes et al. (2005). The policeman theory claims that the auditor is responsible for searching‚ discovering and preventing fraud. In the early 20thcentury this was certainly the case. However‚ more recently the main focus of auditors has been to provide
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General Motors Corp.‚ the world ’s largest automaker‚ has been the global industry sales leader for 75 years. Founded in 1908‚ GM today employs about 327‚000 people around the world. With global headquarters in Detroit‚ GM manufactures its cars and trucks in 33 countries. In 2005‚ 9.17 million GM cars and trucks were sold globally under the following brands: Buick‚ Cadillac‚ Chevrolet‚ GMC‚ GM Daewoo‚ Holden‚ HUMMER‚ Opel‚ Pontiac‚ Saab‚ Saturn and Vauxhall. GM operates one of the world ’s leading
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Name:- Chakraborty Siddhartha ID No- KP00609-20054 Course: bghf GENERAL MANAGEMENT CASE – 1: Q1: What do you think was the effect of Smith’s outburst on the other managers at the meeting? Ans: The other managers of the meeting would have cautioned themselves to be more prepared on their subjects for the next meeting. They would have felt sorry for Tom Brewster who became a victim for his ignorance on the subject. The other managers would have put them in place of Brewster and would have
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