17 2.7 Uttara Bank Limited 19 2.7 BRAC Bank Limited 20 2.8 United Commercial Bank Ltd 22 CHAPTER-3: OVERVIEW OF THE RESPONSIBILITY ACCOUNTING 3.1 meaning and concept responsibility Accounting 24 3.2 PREREQUISITES OF RESPONSIBILITY ACCOUNTING 25 3.3 ASSUMPTIONS OF RESPONSIBILITY ACCOUNTING 25 3.4
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Until recently‚ the number of corporations involved in foreign markets was very small. The emergence of cheaper labor in countries such as China and India‚ most firms are involved in the global market in one way or another. In the same time span technologies such as the internet and cell phones has made it much easier for a firms employees living in different countries to work together. The world of organizations is no longer limited by the boundaries of a nation. Most managers understand what
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turned towards him‚ smiled and replied‚ “Globalization”. The biggest idea or process of late 20th century is Globalization. Almost all of us are well aware about the word of Globalization. It can be define as “The advance level of interaction of people of the world and their cultures‚ religions etc and integration and interdependence of national and local economics across national or international boarders”. Many scholars at different eras define Globalization in different ways and accordance of their
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Globalization refers to the ways in which capital; people‚ information and culture can now flow back and forth across national borders with a greater ease and greater rapidity than they had before this new phenomenon. Globalization‚ the growing integration of economies and societies around the world‚ was a word hardly used only a few years ago and now I doubt if there is a single country in the world where globalization isn’t being discussed. The global spread of the term is evidence that something
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Globalization -the fact that our economic systems and culture are networked as part of a global system- has significance in marketing. For instance‚ Theodore Levitt made the case that since the world is becoming standardized and homogenous companies must adapt (The Globalization of Markets‚ Harvard Business Review). According to Levitt‚ companies have the opportunity to offer the same products everywhere and run global marketing campaigns (i.e. standardized campaigns). He attributes the main force
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Arthur Andersen: Questionable Accounting Practices 1. Describe the legal and ethical issues surrounding Andersen ’s auditing of companies accused of accounting improprieties. The legal issues that surrounded Andersen ’s audition were that there was conflict of interest and there was lack of independence on the part of Andersen. In this context‚ Andersen took up lucrative management consultancy projects for the clients of whom it was the auditor. From the deontological ethical perspective
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have increasingly more power than nation-states over controlling national economies. The neo-liberal project has also inculcated a "free-market" ideological climate which dominates public life and political discourse throughout the world. The globalization of sport can also be understood on
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The Effects of Economic Globalization on Cultures Around the World Dawson College 300-303-DW Section 2 Abstract This paper attempts to explain the possible effects of economic globalization on cultures around the world. It concludes that there is a possibility for American culture to be spread all over the world‚ and become the dominant culture of the globe. In doing so there is a possibility for the loss of culture in all nations and it being replaced with American culture. This paper also discusses
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Question 1 (a) |Ratio |Industry average 20X8 |Actual 20X8 | |Net working capital |$125‚000 |$63‚300 | |Current Ratio |2.35 |1.84 | |Quick Ratio
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The effect of global competition on an organization’s strategies for maximizing profits. To talk about global competition is necessary to define what competition is. Competition as a set of patterns or actions taken to obtain the best and highest performance in a particular field of action‚ in the business aspect is the continuous transformation from companies that want to stay positioned in the market relative to other companies in the same economic activity. On the other hand‚ the "global economy"
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