1. Accounting Treatments Capital Lease -Lessee Initially‚ the lessee recognizes the asset under his property‚ plant and equipment. The amount that should be debited is the Lower of asset’s fair value and present value of minimum lease payments. The present value is determined by discounting minimum lease payments using interest rates implicit in the lease. Also‚ initial direct cost that the lessee incurs in relation to the lease is added to the cost of recognized asset. On the credit side of
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offer a better product and keep improving. Total quality management (TQM) increases customer satisfaction by boosting quality. It does this by motivating the workforce and improving the way the company operates. In an increasingly competitive market‚ firms with a continuous improvement culture and external focus are more likely to survive and prosper. TQM is considered an important catalyst in this context. What is TQM? TQM is an approach to improving the effectiveness and flexibilities of business
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Note: Your Dashboard will show this lesson is complete the next time you click the Dashboard link. * = Your answer was correct * = Your answer was incorrect and the correct answer is in red. | 1. Investing in the same TQM Initiative round after round will create A. ever increasing returns B. diminishing returns C. the same amount of return With sufficient investment‚ initiatives will improve processes and quality to the greatest extent possible‚ however‚ each initiative
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VODAFONE TELECOMMUNICATION COMPANY TABLE OF CONTENT 1. INTRODUCTION TO TQM 2. NEEDS OF TQM 3. IMPLEMENTATION OF TQM BY VODAFONE A. INTRODUCTION TO THE COMPANY B. CHARACTERISTICS C. ADVANTAGES D. PROBLEMS 4. CHANGES IN ORGANIZATION 5. ROLE OF TOP MANAGEMENT 6. MEASURING THE PROGRESS 7. FUNCTIONS PROVIDED BY THE TQM CONSULTANT 8. OPERATIONS 9. EMPOWERING/ MOTIVATING EMPLOYEES OF THE COMPANY 10. SUSTAINABILITY
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sheet‚ and cash flow of FedEx. Step 1: determine the type of forecasting model to be used. Because FedEx is not a new borne company. The company has very long history‚ and the data of financial statement is relatively stable. So we will use the historical data to forecasting the financial statement. Step 2: Determine the forecast horizon. For the express industry‚ FedEx is always located in the top of total industry‚ but in recent years‚ the increasing rate of FedEx has some level of reduce
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Contents 1. Introduction 3 2. What’s the Difference between e-Business and e-Commerce? 3 3. Who is FedEx? 4 4. Ebusiness at FedEx 5 4.1. E-Operations at FedEx 5 4.2. E- Human Resources Management (HRM) at FedEx 8 4.3. E- Marketing at FedEx 9 4.4. E-Commerce at FedEx 11 5. How does E-Business increase market share at FedEx? 11 6. How has e-technology lead to augmentation of earnings at FedEx? 13 10. The e-Business Strategy – What are the Risks? How do you mitigate these? 15 11. Conclusion
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Reading success stories of greatest professionals stimulates motivational enzyme within us and we all wish to emulate them on path of success. Though Karsanbhai Patel does not have a professional degree in marketing‚ yet he proved that a professional marketer does not need a formal degree in marketing to be successful! "It all started to earn a side income‚ and at that stage‚ I had never imagined this kind of success."(Karsanbhai Patel‚ CMD‚ Nirma Ltd.) No one had known that the Person who started
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strengthen the presence of Honda in the world automotive market. The Honda story begins in 1948 when they began by producing an auxiliary engine equipped bicycle. From those humble beginnings Honda has grown to become one of the world’s automotive giants rivalled only by Toyota in terms of global profitability. I visited their local showroom as part of research for this assignment to see if I could discover the secret of their success. A tall order it must be admitted but having already had experience of
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In Malcolm book‚ The Story of Success‚ he makes a very important point in the book regarding hard work and success. He argues that 10‚000 hours of practice of a certain skill will allow someone to be a professional at that skill. However‚ in an article in response to Malcolm’s argument‚ Temple’s argues that a person must not only practice for 10‚000 hours‚ but also be naturally gifted‚ or “wired”‚ to master that particular skill. Temple’s argument is correct for a number of reasons. Some people may
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STORY -- WEALTH‚ LOVE AND SUCCESS A woman came out of her house and saw three old men with long white beards sitting in her front yard. She did not recognize them. She said "I don’t think I know you‚ but you must be hungry. Please come in ... ...and have something to eat." "Is the man of the house home?"‚ they asked. "No"‚ she replied. "He’s out." "Then we cannot come in"‚ they replied. In the evening when her husband came home‚ she told him what had happened. "Go
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