AYB340 COMPANY ACCOUNTING TOPIC 1 - SOLUTIONS TO TUTORIAL QUESTIONS CASE STUDIES Case Study 1 - Accounting Policies The board of directors has resolved to change the accounting policy for treatment of advertising expenditure. Previously‚ advertising expenditure has been expensed as incurred. Following extensive market research‚ the board has taken the view that benefits from advertising expenditure in the form of product awareness and increased sales will be received by the company
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PUTTING THE SERVICE-PROFIT CHAIN TO WORK “When companies put employees and customers first‚ their employees are satisfied‚ their customers are loyal‚ their profits increase‚ and their continued success is sustained.” Harvard Business Review‚ March-April 1994. There is growing number of companies that includes Banc One‚ Intuit Corporation‚ Southwest Airlines‚ ServiceMaster‚ USAA‚ Taco Bell‚ and MCI know that when they make employees and customers paramount‚ a radical shift occurs in the way they
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Career Goals and Learning Plan Justin B. Gillispie COM- 505 James Ryan Career Goals and Learning Plan Personal/Potential Career Goals: * Teacher-Postsecondary: Ultimately a PhD is required to teach at the university level; however‚ I pursue to teach either at a community college or at a vocational school. The Masters is Psychology I am pursuing at University of Phoenix will help me get my foot in the door at a local community college or vocational school. * Human Resources: This
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What evidence is there to suggest that work experience is beneficial to your future career? As future career could determine the status and income level of people‚ it has been concerned and discussed by most graduated students. However‚ according to the report ‘ Journal of Marketing Education’‚ the U.S. Labor Department anticipated that there would be only 14million college-level jobs for about 18 million graduates in 2005 (Gualt‚ et.al. 2000) and the graduates should realize that it has been
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Motivating Employees Motivating Employees If you want a successful company‚ you need to understand the important role that your employees play in any activity. Many times‚ as an employer‚ we forget the importance of understanding employees’ needs and want to be able to keep an atmosphere with motivated employees. When I think about motivation‚ I think about the reason that initiates‚ guides‚ and maintains people to keep reaching for their goals. Without motivation
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stimulating people to actions to accomplish the goals. In the work goal context the psychological factors stimulating the people’s behaviour can be - * desire for money * success * recognition * job-satisfaction * team work‚ etc | One of the most important functions of management is to create willingness amongst the employees to perform in the best of their abilities. Therefore the role of a leader is to arouse interest in performance of employees in their jobs. The process of motivation consists
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Happiness is the only goal in life that is worth working for. How far do you agree? As individuals we work in life to achieve many goals we desire‚ at times we work for them to any extent. These goals can take form physically or mentally and can bring great intellectual or spiritual developments. Happiness is seen as the major and most important emotion us humans seek for‚ it is what provides us with our ‘desired’ pleasures. However for some individuals they may argue that this view is too hedonistic
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The benefits of career path and career management in Basil Read for the employers and the individual are the following:- Increment in Salaries and Wages: Employees use them as a benchmark to either negotiate a pay increase or a starting salary with a new employer. An increment usually represents a portion of what the employee earns per year. Increment in Shared-based Payment: Share based payments are those payments which are given to employees on the basis of share or equity of company. For instance
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Motivation to Further Your Education . Motivation to Further Your Education It is time for my life to change by taking the opportunity to go back to school for my children‚ a change in my career and finally my dream job. When I was in High School I did not realize how important it was to go straight to college. It wasn’t until I had children of my own to make me face reality. At my current employment industry‚ higher positions unavailable. What point do you finally
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Incident 2 Healthy Employees are Happy Employees 1. Describe Teow’s personality and leadership style. How does it foster or hinder his effort to transform CCN into a healthy and productive organization? - Teow’s personality is Extroverted‚ conscientious‚ empathy and observant. Extroversion has found on Teow’s personality which is the most important trait of effective leader according to the Big Five Personality Framework. His vision on productive organization is from employees. He relate present
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