Objectives 2. eCommerce Business Models and Concepts • • • • Identify the key components of eCommerce business models. Describe the major B2C business models. Describe the major B2B business models. Describe business models in other emerging areas of eCommerce. • Explain the key business concepts and strategies applicable to eCommerce. Alexander Nikov 2-2 How popular is Tweet Tweet: What’s Your Business Model? • What characteristics or benchmarks can be used to assess the business value of a company
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HISTORY OF ACCOUNTING LEARNING OUTCOMES Understand the history of accounting dating from prehistoric times to written record keeping. Identify the seven preconditions for the emergence of systematic book keeping. Know Luca Pacioll contributions in introducing double entry book keeping. Accounting is a tool‚ invented by humankind‚ to fulfill needs of society. Unlike the explorers of the past who discovered new lands‚ accounting cannot in any true sense be said to have been discovered
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Master of Business Administration- MBA Semester 1 MB0041 – Financial and Management Accounting Q1. Accounting is one of the oldest‚ structured management information system. Give the meaning of accounting and book keeping? Explain the objectives of accounting? ANS. Meaning of Accounting- The systematic and comprehensive recording of financial transactions pertaining to a business. Accounting also refers to the process of summarizing‚ analyzing and reporting these transactions. The financial statements
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INDIAN SOCIAL STRUCTURE AND VALUES & ETHICS IN BUSINESS : NATURE AND TYPES OF INDIAN SOCIETY : 1) Tribal Society : The tribals are economically‚ educationally and politically backward as compared to the non-tribals. One scholar has called tribal people “Backward Hindus”. However there is a sizable number of Tribals who are Christian. The tribes of India before independence were considered animistic by the by religion Census authorities. Distinction was made between those who were Hindu and
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ACCOUNTING NOTES FOR MY PERSONAL USE 4/12/2013 ELISHA VERIWA | Introduction to Accounting Accountancy is the process of communicating financial information about a business entity to users (stakeholders) such as shareholders and managers (Elliot‚ Barry & Elliot‚ Jamie: Financial accounting and reporting). Accounting has been defined as: * the art of recording‚ classifying‚ and summarizing in a significant manner and in terms of money‚ transactions and events which are‚ in part at least
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The basic principles of an accounting information system include all of the following except | | | Student Answer: | | cost effectiveness. (Cost effectiveness is one of the basic principles of accounting information systems.) | | | | flexibility. (Flexibility is one of the basic principles of accounting information systems.) | | | | useful output. (Useful output is one of the basic principles of accounting information systems.) | | | | periodicity. (Correct! Periodicity
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2011-05-03 Basics of Management Classes for Bachelor Studies in Finance Janusz Marek Lichtarski‚ PhD. E-mail: janusz.lichtarski@ue.wroc.pl Projekt współfinansowany z Unii Europejskiej w ramach Europejskiego Funduszu Społecznego BASICS OF MANAGEMENT Management can be seen as: art – means that management require special characteristics‚ skills and attitudes. Manager as an artist sometimes should base on his intuition and talent practice – means that it is practical activity -
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Chapter 3-1 The Accounting Information System Chapter 3-2 Financial Accounting‚ Fifth Edition Study Objectives 1. Analyze the effect of business transactions on the basic accounting equation. 2. Explain what an account is and how it helps in the recording process. 3. Define debits and credits and explain how they are used to record business transactions transactions. 4. Identify the basic steps in the recording process. 5. Explain what a journal is and
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CHAPTER 1 FINANCIAL ACCOUNTING AND ACCOUNTING STANDARDS Multiple Choice—Conceptual Answer No. Description d 1. Users of financial reports. d 2. Identify the major financial statements. a 3. Financial reporting entity. d 4. Efficient use of resources. d 5. Capital allocation process. c 6. Financial statement information. c 7. Objectives of financial reporting. b 8. Common set of standards and procedures. c 9. Role of SEC. c 10. Powers of the SEC. d 11. SEC enforcement
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OB Definition of ’Organizational Structure’ Explicit and implicit institutional rules and policies designed to provide a structure where various work roles and responsibilities are delegated‚ controlled and coordinated. Organizational structure also determines how information flows from level to level within the company. In a centralized structure‚ decisions flow from the top down. In a decentralized structure‚ the decisions are made at various different levels. http://www.investopedia.com/terms/o/organizational-structure
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