Use the following to answer question 1: Marger‚ Inc.‚ provided the following data for two recent months: [pic] |1. |Which of the following classifications best describes the behavior of Cost T? | |A) |Variable | |B) |Fixed
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Management and Organization Theory Management Theory Views on management have changed substantially over the past century and particularly in the past few decades. As of today‚ in any business or organization‚ in order to accomplish desired goals and objectives‚ management is needed by getting people together to able to: * Planning - meeting goals‚ being ready for crises * Staffing - recruiting‚ training * Organizing - time management‚ team building * Leading - communication‚ motivation
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Distinction of management and leadership has been a topic of interest for industrialists and students for a long time now. There a has been a steady shift of interest in the past few years for the latter of the subject‚ as the industrial environment grew more dynamic and ever-growing‚ gradually leadership gained more importance. There’s is a very fine line of distinction between these two concepts‚ they are defined differently but they do overlap every now and then. An organizational goal cannot
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and I‚ as your consultant management accountant will like to enlighten you on the importance of a strategic management accountant in an organisation such as this. While Jessup limited is doing well‚ our operations have reached a stage where we need to better manage our accounting function. As you are unsure of the benefits of a strategic management accountant‚ I will be presenting a report to the board of directors to: a) Explain the key roles of a strategic management accountant in an advertising
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Organization and Management Theories Xavier M. Ramirez HCS/514 January 9‚ 2015 Instructor Lisa Keener Organization and Management Theories Organizations are a social unit of people that is structured and managed to meet or pursue collective goals. All organizations have management structures that determine the direction of the organization. The importance of an organization in society is substantial and understated as an organization can improvise‚ test‚ experiment and invent new strategies
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As been reviewed by Rohan Nagwekar‚ in The Fifth Discipline written by Peter Senge‚ Learning organization was defined as “a place where people continually expand their capacity to create results they truly desire‚ where new and expansive patterns of thinking are nurtured‚ where collective aspiration is set free and where people are continually learning how to learn”. The core of a learning organisation’s work was based upon five learning disciplines and they represented lifelong programs of learning
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outstanding customer services at the lowest cost (Trairatvorakul‚ 2011). To operate successfully‚ managers need information from management accounting which provides timely and relevant information for planning‚ controlling‚ decision making‚ and evaluating performance (Horngen‚ Datar‚ & Rajan‚ 2012). The more the international competition increases‚ the more managers need cost management information. Managers are interested in estimating past cost-behavior patterns‚ since this information can help make more
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ORGANIZATIONAL 18 2.1 History of the organization 18 2.2 Mission 18 2.3 Vision 18 2.4 Goal 18 2.5 Strategy 19 2.5.1 Pricing Strategy 19 2.5.2 Advertising and Promotional Strategy 19 2.5.3 Distribution Strategy 21 2.5.4 Business Strategy 21 2.5.5 Focus Strategy 21 2.6 Organization Structure and Size 22 2.7 Product 22 2.8 Services 23 2.8.1 Internet services: 23 2.8.2 Mobile services: 24 2.8.3 Other services: 24 2.9 Customers 24 2.10
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THE NATURE OF MANAGEMENT ACCOUNTING [SUMMARY] What is Management Accounting? Management Accounting is the process within an organization that provides information used by an organization’s managers in planning‚ implementing and controlling the organization’s activities. Management Accounting as One Type of Information Information is a fact‚ datum‚ observation‚ perception or nay other thing that adds to knowledge. • An organization’s day-to day activities requires a considerable amount of operating
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importance of managerial accounting in the workplace By: Michelle Moran | Posted: Jun 23‚ 2010 Managerial accounting is concerned with the use of economic and financial information to plan and control many activities of an entity and to support the management decision course. Management accountants play important roles more specifically in planning & coordination with production‚ marketing and financial functions. A subset of the managerial accounting profession is cost accounting which relates to
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