Valuation of Goodwill: 1) Hitesh and company decided to purchase a business. The profits for the last four years are: 2006-Rs.60‚000 2007-Rs.75‚000 2008-Rs.72‚000 2009-Rs.69‚000. The business was looked after by the management. Remuneration from alternative employment if not engaged on the business comes to Rs.9000 p.a. Find the amount of goodwill‚ if it is valued on the basis of 3 years purchase of the average net profit for the last four years. 2) Following particulars are available in respect
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Describe how the uses of plant fibres and starch may contribute to sustainability How can plant fibres be used? First of all the plant fibres have to be extracted from the plant itself. The process of extraction often used is called retting. Retting involves using water or micro-organisms to dissolve or rot away the cellular tissues surrounding the bast-fibre bundles. Afterwards the fibres are obtained; usually they extract very long sclerenchyma cells and xylem tissue because of their good
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Task3: How does the organizational culture at Four Seasons contribute to its CRM? Organizational Culture A single definition of organizational culture has proven to be very elusive. No one definition of organizational culture has emerged in the literature. One of the issues involving culture is that is defined both in terms of its causes and effect. For example‚ these are the two ways in which cultures often defined. Outcomes Defining culture as a manifest pattern of behavior- Many people use
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for e-culture. Electronic culture is enveloping the entire world‚ it is a global phenomenon. It is the ICT-availability and Internet access that provides opportunities for production of e-culture. e-Culutre: involves preserving and presenting cultural heritage in line with the challenges of the future; exhibiting valuable cultural assets clearly and informatively using state-of-the-art technology . However‚ the rapid development of ICT globally also has led to the growth of different ethical issues
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organization that I had the opportunity to volunteer for is Goodwill Rescue mission. They created this organization in 1896. Under the leadership of Rev. Lawrence Sutherland‚ the purpose of the organization moved from being a struggling institution to one with a nationwide reputation. They shared the love of God in Christ by providing food‚ shelter‚ spiritual guidance and instruction for the poor and the homeless in Newark. According to Goodwill Rescue mission‚ they affiliate with helping the individuals
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be successful in the globally competitive market‚ it is crucial that companies are aware of the important role organizational strategy plays in a businesses’ operations. Starbucks achieved worldwide success by implementing organizational strategies that are aligned with their organizational goals and mission. This report evaluates all the components required in organizational strategy. The Five Forces Industry and SWOT Analysis discovers Starbucks’ competitive position in the coffee industry. Starbucks’
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Before understanding the link between the business strategy organization culture and use of IT‚ it is very necessary to understand what each of the terms mean. Business strategy is nothing but a set of decisions that determine the company’s objective or goals and the environment in which the strategy would be implemented. Organizational culture being the set of deep-beliefs about how the work should be organized with the different ways in which authority should be exercised and the ways in which
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Harley Davidson has a culture that is unique like no other organization. The Harley culture has changed and adjusted itself accordingly throughout history. Harley Davidson’s success is due to the culture that it has created. The three main aspects of Harleys culture is 1. Harley has such an inclusive nature of Family‚ that it is able to bind its customers together through implementing them into a lifestyle. 2. The employees are customers; they are a big part of the Harley family. 3. Harley Davidson
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Organizational Culture Aspects The impact of culture is very important when it comes to attempting and achieving personal goals and business goals. Organizational cultures are the characteristics that are based on morals‚ values‚ traditions and personnel behavior. Values are very important because people act out upon his or her values‚ and values channel behavior. Saying and doing the right thing are two different things and if managers are trying to set the culture they have to set the example
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Case 2.1 Organizational Culture: Life or Death 1. What values appear to be driving the doctors and nurses in the hospitals to treat heart attack patients? When treating heart attack patients it is essential that doctors and nurses work quickly but efficiently in a time based organized hospital culture. The value that seems to be driving doctors and nurses is having standardized protocols‚ flexibility when it comes to redefining the protocols‚ real time data feedback to measure success and working
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