Western New England College Ch. 2-1 © 2001 Prentice Hall OBJECTIVES OF THIS HAPTER • Describe the nature and role of vision and mission statements in strategic management • Describe why mission statement is important • Identify the components of mission statements • Discuss how vision and mission statements can benefit strategic management activities • Evaluate mission statements of different organizations • Write good vision and mission statements Ch. 2-2 © 2001 Prentice Hall Comprehensive
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CHAPTER 2 EXERCISES & PROBLEMS SOLUTIONS E2.1. Category Financial Statement(s) Cash…………………………………………… A BS Accounts payable…………….……………….. L BS Common stock………………………………… OE BS Depreciation expense………………………….. E IS Net sales……………………………………….. R IS Income tax expense……………………………. E IS Short term investments………………………... A BS Gain on sale of land……………………………. G IS Retained earnings……………………………… OE BS Dividends payable……………………………
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02 Student: ___________________________________________________________________________ 1. Motivation is an external force on the person that causes him or her to engage in specific behaviours. True False 2. Learned capabilities refer to the skills and knowledge that you have actually acquired. True False 3. Aptitudes are natural talents that help individuals learn specific tasks more quickly and perform them better than other people. True False 4. One person-job matching
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Ch.12-2‚ Modernization in Japan P.376-379 I. Japan Ends Its Isolation A. The Demand for Foreign Trade 1. Westerners tried to convince the Japanese to open their ports to trade a. British‚ French‚ Russian and America officials occasionally anchored off the Japanese coast b. Japan refused to receive them c. 1853‚ US commodore Matthew Perry took four ships into Tokyo harbor‚ socked Japanese d. Tokugawa shogun dubiously received Perry and the letter Perry had brought form US president
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seeking work) for more than 12 months be able to acquire the benefits of unemployment? -Should taxes on goods detrimental to people’s health (tobacco‚ alcohol‚ etc.) be increased in exchange for a decrease in other taxes (property‚ income‚ etc)? 2. Define in your own words and use examples to illustrate: a. Opportunity cost- when you make a decision‚ your opportunity cost is the next most valuable alternative‚ or the value of the next best option. What you sacrifice. Example: if I wasn’t
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Todays’ Prisons The medieval times brought us men in shining armor and women captured by dragons for those knights to rescue. It also brought upon the dark ages which unfortunately risen the popularity of the lunatic (insane) asylums. In those days‚ people who were determined to be mentally ill were given a place to stay where they were treated for their illness. In todays’ society we have gone away from institutionalizing individuals because of mental illness and looked toward alternative ways
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Exercise 2-2 | | |Product |Period Cost | | | |(Inventoriable) Cost | | |1. |Depreciation on salespersons’ cars | |X | |2. |Rent
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1. What percentage of Texans live in urban areas (cities & suburbs)? 2 90% of the population now lives in crowed cities and suburbs. 2. Name the three cities in Texas that are three of the largest in US? 2 Houston‚ San Antonio and Dallas 3. What are the three diverse economic businesses in Texas? 4 Oil and gas producer now work alongside high-tech companies‚ telecommunications giants‚ and other important business sectors. 4. In what areas does Texas consistently rank at the bottom in state
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Ch. 2: The occupation of Midle America What drove the Conquest The Spain’s occupation of Mesoamerica violently destroyed the Mesoamerica social instuition‚ religion and infrastructure. from 1519-1600 (80)‚ the native population felt from at least 25 million to about a million. 300 years of colonial rules‚ accompanied by political and economy exploitation. Categorized people by color. Africa begins at the pyrenees The Rome laid the foundation of the Spanish language and culture. Iberians
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Intermediate Accounting E2-1 a. True b. False – General-purpose financial reports also assists other people who don’t have the authority to demand financial information they need and so must rely on the information in financial reports. c. False – standards that are based on individual conceptual framework will result in different conclusions being drawn on similar issues‚ and thus would not be consistent and comparable. d. False – General purpose financial reports are also beneficial
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