markets‚ products‚ and company history. Another part of the report is a SWOT-analysis carried out for Pick n Pay Stores Ltd.. It involves specifying the objective of the company’s business and identifies the different factors that are favorable and unfavorable to achieving that objective. SWOT-analysis helps to understand company’s strengths‚ weaknesses‚ opportunities‚ and possible threats against it. The Pick n Pay Stores Ltd. financial analysis covers the income statement and ratio trend-charts
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Module I - Assessment of Inherent Risk 1. See Figure BR.A-Biltrite’s organizational chart. Based on the chart and the case description‚ the following strengths and weaknesses should be identified: STRENGTHS: • The structure shows adequate separation within the CBIS function‚ i.e.‚ systems analysis and programming are separate from data processing and control (implications for control risk assessment) • Separation is also maintained between the accounting and finance functions (implications
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The essence of this essay is to critically analyse the statement‚ “Discuss the role played by the social environment in the creation of deviance in society according to differential association and labelling theory”. It will begin by defining the key terminology being deviance and a discussion on the role that the social environment plays in creation of deviance according to Discuss the role played by the social environment in the creation of deviance in society according to differential association
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Motivation and perception Effect of Motivation and Perception Nora Trinity Rhode Island College Motivation and Perception. Abstract Psychological studies had shows that people involuntarily form a general opinion about one another
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accomplish this initiative‚ along with a discussion of the pros and cons of this approach. * Define and apply tariffs‚ import quotas and subsidies as applied to foreign trade. * Know what trade protectionism is. * Define a favorable and unfavorable balance of
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overhead variance = Actual Variable overhead + Actual fixed overhead – Budgeted hours allowed for actual output produced x (budgeted variable overhead cost rate per machine-hour + budgeted fixed overhead costs rate per machine hour) B. 6‚000 favorable Actual Variable overhead $ 73‚000.00 total budgeted overhead cost rate per machine hour $ 3.00 Actual fixed overhead $ 17‚000.00 budgeted hours allowed for actual output produced 32000 Budgeted variable overhead
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Fiedler ’s Contingency Theory of Leadership by Patrich Antoine Managerial leadership has influenced organizational activities in many ways. These influences include motivating subordinates‚ budgeting scarce resources‚ and serving as a source of communication. Over the years researchers have emphasized the influences of leadership on the activities of subordinates. These emphasis by researchers led to theories about leadership. "The first and perhaps most popular‚ situational theory to be advanced
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costs have differed from the standard (planned‚ expected) costs. * If actual costs are greater than standard costs the variance is unfavorable. An unfavorable variance tells management that if everything else stays constant the company’s actual profit will be less than planned. * If actual costs are less than standard costs the variance is favorable. A favorable variance tells management that if everything else stays constant the actual profit will likely exceed the planned profit. http://www
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In this paper‚ we will be looking at three different scenarios in order to understand and implement different decision models. Question one The Gorman manufacturing company is trying to decide whether to manufacture a component part or to purchase it. In order to make this decision we need to calculate the Expected Monetary Value for each probability. The highest EMV will be the best decision (Satyaprasad‚ Nirmala‚ & Saha‚ 2012). So‚ EMV for manufacture is= -20(.35) + 40(.35) + 100(.30) = -7+
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the input ((AQ-SQ) x SC). This variance is favorable due to the budgeted quantities of material being 30‚000 units and the actual quantity of materials used being 31‚000. The favorable 7‚750 efficiency variance shows how Peyton Approved was efficient when it came to the consumption of materials. This means that the manager of production had very good control over the consumption of material. The total material cost variance for Peyton Approved is favorable 7‚750‚ which tells someone that the company
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