------------------------------------------------- CHAPTER 3 ANALYSIS OF FINANCIAL STATEMENTS Please see the preface for information on the AACSB letter indicators (F‚ M‚ etc.) on the subject lines. True/False Easy: We tell our students (1) that to answer some of these questions it is useful to write out the relevant ratio or ratios‚ then think about how the ratios would change if the accounting data changed‚ and (2) that sometimes it is useful
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Just in time (JIT) is described as a philosophy‚ managerial concept or manufacturing strategy. It achieved fame in the late 1970’s through Taiichi Ohno and is used in many companies till this day especially automotive industries. Just in time was originally a practice of the Toyota motor company in Japan. Chakravorty and Atwater 1995 (cited in Singh and Ahija‚ 2015) suggest that the fundamental of Just in time philosophy is continuous improvement in process through removal of all types of waste.
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How Engineers Contribute Society’s standards always change and engineers contribute to society by meeting these demands. Engineers create technology and devices that people use day to day. They innovate current technology by making it more practical and improving the quality to satisfy consumers. When society’s trends and fads change‚ engineers comply by redesigning products to accommodate for the changes. Engineers save time and money for every one by speeding up processes and cutting down production
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Contributions of Diversity to the Workplace Diverse employees bring a wealth of creativity‚ insights‚ and skills to their jobs; it is up to employers to recognize‚ cultivate‚ and value these contributions (Walton‚ Sally‚ 1994). Diversity is about setting a mindset of valuing the differences in people and recognizing the similarities‚ it is not only about achieving results. Once this way of thinking is established‚ the benefits of cultural diversity in the workplace tend to come naturally‚ (Goessl
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Introduction Exercise 1. Analyzing a current operations management technique. 1. What is the problem‚ opportunity‚ or challenge addressed in the article? The opportunity addressed in this paper state that business analytics (BA) is an important tool to improve businesses efficiency‚ competitiveness and profitability (Valadares de Oliveria‚ McCormick‚ & Trkman‚ 2012‚ p. 5488). An important area of BA use is in supply chain management (SCM). SCM can considerably improve business operations
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difference between man and man‚ or that the civilization‚ which has hitherto taken place in the world‚ has been very partial. I have turned over various books written on the subject of education‚ and patiently observed the conduct of parents and the management of schools; but what has
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TEACHING PHILOSOPHY A PERSONAL BELIEF 24 NOVEMBER 2010 “A good teaching philosophy evolves.” Where am I with my critical rationale about teaching and learning? What are my aims‚ values‚ beliefs‚ insights‚ and convictions in the context of Accounting education? The reality of teaching and learning is never perfect. Accordingly‚ a critical rationale of both should be a work in progress. Both teachers and students must be curious enough for lifelong learning and research‚ broad enough to accept
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the intentions of others when deciding how they should be treated in a situation of crime or evil. There is no answer set in stone for what is right and what is wrong‚ although many theories can try and defend one. In many situations in life‚ both options may be wrong or both options may be right. Metaethics is one theory that identifies the nature of our values while defending what is right and wrong. In the story‚ “The Cold Equations” written by Tom Godwin‚ rights and values is questioned when deciding
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create it. Slowly‚ it began to form. Democracy is rule of the people‚ by the people. Greeks‚ Romans‚ Jews‚ and Christians all took part in molding today’s modern democracy. All these different cultures made an effect to democracy. For example‚ Greeks philosophy was equality to all‚ Romans contributed with The Twelve Tables‚ and the Judeo-Christians based their moral values from the bible. Greeks were among the first civilizations to contribute to democracy. Greek’s government was efficient for a while
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Of all the minority groups‚ the African-Americans contributed the most manpower. There were more than nine hundred thousand African- American men enlisted in the military‚ they served in different military branches- Army‚ Navy‚ Marine Corps and the Coast Guard. FDR also gave them the permission to join the Air Corps‚ and to attend officer training schools. The “Tuskegee Airmen” included pilots‚ navigators‚ bombardiers‚ maintenance and support staff‚ instructors‚ and all the personnel who kept the
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