Chapter 2: Situation Assessment: External environment Situation assessment involves monitoring the environment(external forces)‚ While also examining the company itself(internal) Situation assessment can be divided into internal or external; and further divided into Customers‚ competition‚ context‚ and company External assessment includes analysis of specific industry‚ and understanding of laws of marketing Market definition – basis upon which we measure participation or market share
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Matt Swenson Case 4 – Taxing Situations Surf’s Up 1) The difference between the tax expense and the taxes actually paid should be reported as a deferred tax liability of $40‚000. The reason for this is tax law allows $200‚000 to be deducted for depreciation but GAAP only allows $100‚000 of depreciation to be recorded for the year so this means that there will be $100‚000 of depreciation in the future that will be deducted on the income statement but not for tax purposes‚ resulting in a future
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to financial markets ------------------------------------------------- Essay questions 1. Direct finance: Surplus economic units lend their funds “direct” to deficit economic units which are the ultimate borrowers. Financial institutions may facilitate this process by providing financial services in return for fees and commissions. The financial assets issued by the deficit units are held by the surplus units. Indirect finance: Surplus economic units lend their funds to financial institutions
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The three biggest challenges I faced in pursuing my education were employment‚ transportation‚ and housing. In 2015‚ the state of Georgia was amount the highest unemployed state in the while many other states are recovering‚ Georgia’s unemployment rate has risen. Some blame the state’s laissez-faire (a policy or attitude of letting things take their own course‚ without interfering) approach to policy. This may seem surprising‚ since Georgia was named the best state to do business in both 2014 and
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Financial education should be a mandatory component of the school program. To what extent do you agree or disagree with this statement? It is an obvious fact that financial aspects are a major part of the daily life‚ as an adult and even as a young individual. Each and every one of us has to make financial decisions concerning recreation‚ health‚ education and more. The question is whether to start with financial education as part of school program or to postpone it for a later stage in life. To
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GROUP 1 REPORT FINANCIAL RATIOS Financial ratios are useful indicators of a firm’s performance and financial situation. Most ratios can be calculated from information provided by the financial statements. Financial ratios can be used to analyze trends and to compare the firm’s financials to those of other firms. In some cases‚ ratio analysis can predict future bankruptcy. SOURCES OF DATA FOR FINANCIAL RATIOS Balance Sheet Income Statement Statement of Cash Flows Statement of Retained
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Financial Management Summary Financial management is referred to as the science of money management. The management of funds is a critical aspect of financial management. Financial management is simply concerned with managing an entity’s money. It is also about the management of the finances of a firm in order to achieve financial objectives. In the business world this would mean monitoring expected inflows and outflows of fund while observing their effect on the managerial objectives. Procurement
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The situation in Pakistan is troublesome probably the worst in the history of the country. The security situation deteriorates continuously - the country is challenged by growing Islamic militancy and terrorism‚ which already caused hundreds of casualties. This crisis is intensified by an economic crisis‚ water and energy shortage as well as drug and human trafficking. In order to encounter and solve these complex problems the state of Pakistan must ensure rule of law particularly a well-established
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Child Labor situation in Bangladesh If we want to know about the Child Labor situation in Bangladesh‚ at first we have to know that what Child Labor is. The definition of child labor varies depending on region‚ culture‚ organization‚ and government. Although there is no universal definition for child labor‚ various organizations have defined it and described its parameters. The United Nations Children’s Fund (UNICEF) defines child labor as any activity that affects a child’s health and education
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FIN 819: Financial Management Administrative Issues Course Overview FIN 819: Lecture 1 Today’s plan l Administrative issues l Course overview l Team formation • prerequisite • add‚ drop and withdraw • projects • case writing and discussion • final exam • final grade FIN 819: Lecture 1 The instructor l l l l l My name is George Li Office: DTC 582 and BUS 315 Email: li123456@sfsu.edu Office hours: Monday: 1:30 p.m. to 3:30
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