CHAPTER 9 PROFIT PLANNING AND BUDGETING Questions‚ Exercises‚ Problems‚ and Cases: Answers and Solutions 9.1 See text or glossary at the end of the book. 9.2 A cost center is a responsibility center in which management is responsible only for costs. In a profit center‚ management is responsible for both costs and revenues. 9.3 An investment center is a responsibility center in which management is responsible for managing costs‚ revenues‚ and assets. A profit center is not responsible
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recreational and professional athletes I searched for athletic social media sites that specialize in gathering groups of likeminded people in one easy to reach forum. b. I first used my list of clients to start my sales calls as we are determined to continually increase the sales‚ services and needs requirements of our customer base. i. I sent out an email blast detailing our new items that are for the sports minded or active clients. ii. I followed each up with a phone call
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Abstract Business ethics is based on broad principles of integrity and fairness and focuses on internal stakeholder issues such as product quality‚ customer satisfaction‚ employee wages and benefits‚ and external local community and environmental responsibilities issues that a company can actually influence. This study discusses the internal and external business ethics practiced at Starbucks Corporation. One of the Starbucks guiding principles is “to contribute positively to communities and environment
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The Puritans are a well known religious group. They were known for reasons that made them separate from the Catholic Church. They are also extremely well known for their strong work ethic. This ethic was the foundation of America and is now lost upon the Americans who depend upon their country to give them the material possessions they want but do not want to do any work for those things. A large number of people who came over to America from England in the 1600’s were Puritan. They moved to American
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Ethics Position Paper Q575 – Dr. Elliot June 7‚ 2010 University of Phoenix Introduction Today‚ people can make decisions that can have a profoundly positive or negative effect on their family‚ their employer‚ coworkers‚ a nation‚ and even on the entire world. The life we lead whether professional or personal reflects the strength of a single trait: our personal character. Ethics are different for each person both on a professional and personal level. For the most part‚ people want to be known
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Global marketing has become necessary for an organization’s survival and The Walt Disney Company (Disney) has been a pioneer in global expansion. Disney was founded in 1923 and is one of the largest media and entertainment corporations in the world consisting of theme parks‚ film and record brands‚ and licensed character brands. Although Disney has captured much of the global market‚ many of the world’s locations have remained void of the Disney magic. The key to successfully entering these markets is
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Pierre Chandon‚ Brian Wansink‚ & Gilles Laurent A Benefit Congruency Framework of Sales Promotion Effectiveness Are monetary savings the only explanation for consumer response to a sales promotion? If not‚ how do the different consumer benefits of a sales promotion influence its effectiveness? To address the first question‚ this research builds a framework of the multiple consumer benefits of a sales promotion. Through a series of measurement studies‚ the authors find that monetary and nonmonetary
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Research Paper Topic For the research paper‚ I will be focusing on the marketing and sales strategies of Apple Inc. For anyone that doesn’t know about the company Apple‚ Apple provides computers‚ phones‚ music players‚ and software to the general public. Over the years they have become a computer and electronic giant. They are now the worldwide standard for producing luxurious electronic devices. They have reinvented the world of phones when they came out with the iphone. The iphone sparked
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or practice of ending the life of an individual suffering from a terminal illness or an incurable condition. This definition however‚ does not touch upon the ethics or morals of this controversial practice. Euthanasia is more complicated than the concept of its name. The question is‚ "Do people who physically can’t end their own lives have the right to die?" No‚ assisted suicide is wrong. Life is beautiful. It is rich in flavor and taste. Life smells like freshly baked chocolate chip cookies
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As the Vice President of Sales for the company I work for‚ I have to choice between two of the employees who have rose to the top out of ten possible candidates. Lisa Bell and Steven Bellach both have the qualifications to become the Area Sales Manager but I can only pick one. Some good qualifications that Lisa has are that she is persistent in her work‚ has been a member of the President’s club for five years‚ she has been asked to help plan sales meetings in the past and is inspirational to other
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