AMERICAN COLLEGE SKOPJE To be completed by students (typewritten) COURSE NUMBER | | COURSE TITLE | Financial Accounting | SEMESTER | V | SESSION | | ASSIGNMENT NUMBER | 1 | SUBMISSION DATE DUE | | ASSIGNMENT TITLE | IFRS: Advantages and disadvantages | INSTRUCTOR’S NAME | | To be completed by the front desk secretary or the course administrator SIGNATURE | DATE SUBMITTED | HOUR SUBMITTED | MATERIAL SUBMITTED | | | | Hard copyE-submission | | To be completed by the instructor
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Advantages and Disadvantages on Globalization The advantages and disadvantages of customizing products can be summarized as following points. Advantages: 1. Innovation ideas‚ which are suitable to adapt changeable customers’ preferences. With the development of technology‚ customers preferences are always updated due to global information transmit. Global Managers are capable to create more inventive products to keep and expand global markets. 2. Localization‚ which can avoid cultural conflict
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and family influence‚ educational experiences‚ life experiences‚ and cultural and societal expectations. Ethics in business‚ or business ethics as it is often called‚ is the application of the discipline‚ principles‚ and theories of ethics to the organizational context. Business ethics have been defined as "principles and standards that guide behavior in the world of business." Business ethics is also a descriptive term for the field of academic study in which many scholars conduct research and in
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Advantage and Disadvantage of Unemployment. To anyone who suffers from unemployment‚ this would be a hard time for them in order to support their living. However‚ an economist is looking at unemployment is a necessity to maintain a balance economy. Therefore there are advantages and disadvantages of unemployment in a country. The disadvantages of unemployment are as clear as water to most people in the society even if they did not study economy. Deprived of a job meaning lacking of income‚ if the
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interact color‚ sound‚ sight‚ drama and motion to ensure that their message is strong and persuasive. Additional tactics and props‚ such as attractive models‚ elaborative sets‚ enchanting graphics and audio-visual effects further enhance impact. Disadvantages Intrusive: Consumers often bemoan the intrusive nature of television advertisements and find ways to avoid commercials. This limits the effectiveness of television advertising. Consumers either take time out during a commercial to make a trip
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Ethical and Socially Responsive Business The Cheese Cake Factory is the restaurant I chose to evaluate when it comes to the code of ethical conduct. The code of ethical conduct is essential when it comes to running a business. In order for the company to be successful‚ they must carefully address problems and behaviors within the company that might affect the company. The code of conduct is crucial when it comes to the human aspect of the company. For the company’s success‚ they must follow and implement
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In today’s business environment‚ branding is recognizable by more and more people and identified with certain service or product. It is the foundation of most organizations and the core behind all business development. When people want to buy or determine something they always think about the brand that they know before other brands. Most people who use branded products go to companies that have a famous brand name to show people that they are in a higher class status and because of familiarity as
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very helpful but sometimes it can be very dangerous Advantages of verbal communication are saving of time‚ saving of money‚ more effective‚ knowledge of reaction of message‚ clear doubts and increase in productivity and efficiency. While for disadvantages of verbal communication are lack of proof of message‚ not suitable for future reference‚ not suitable in case of distance. The greatest advantages of verbal communication‚ first is saving of time. Under this system of communication the messages
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Bibliography Bartlett‚ Dean. "Management and Business Ethics: a Critique and Integration of Ethical Decision-Making Models." British Journal of Management 14.3 (2003): 223-235. This article researches and identifies the gap between the theory and practice of business ethics. The author identifies the lack of practice of ethical decision making within the organization and provides what he believes to be one solution to bring ethics back into the business process. Brown‚ Neil M.‚ and Nancy K.
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Less Effective with Unskilled Workers Another disadvantage of participative leadership theories is that they don’t work on every type of workplace environment. Manufacturing companies that have a large workforce might have more difficulty arriving to a business decision using a democratic leadership style. Additionally‚ level of skills play a role‚ as a large percentage of unskilled labor might hinder business decisions. Or‚ an employee who lacks group skills might not have his voice heard in the
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