company is actually run. Today‚ even traditional manufacturing companies are finding themselves not simply selling a product‚ such as a car‚ but selling customer service‚ a lifestyle‚ convenience‚ and so much more. If we take the example of airline industry‚ it also provides another clear example of this phenomenon. Where airlines once had large tangible inventories of aircraft on their books‚ they now lease the equipment‚ changing the nature of the business to one built on intangible assets - landing
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cannot not be seen‚ touched or physically measured‚ which are created through time and/or effort and that are identifiable as a separate asset. Corporate intellectual property (items such as patents‚ trademarks‚ copyrights‚ business methodologies)‚ goodwill and brand recognition are all common intangible assets in today’s marketplace. Intangible assets have 3 critical attributes which are: • Indetifiability. This means that they must be capable of being separated from the rest of the company and
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Indian Auto industry Finance Availability Poor public transport system Improved Infrastructure Low car penetration Rising Family Income Exchange of Cars Favorable duty structure Changing lifestyle Pestel AUTO POLICY VISION TO ESTABLISH A GLOBALLY COMPETITIVE AUTOMOTIVE INDUSTRY IN INDIA AND TO DOUBLE ITS CONTRIBUTION TO THE ECONOMY BY 2010 1. POLICY OBJECTIVES This policy aims to promote integrated‚ phased‚ enduring and self-sustained growth of the Indian automotive industry. The objectives
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reflected in a consolidation workpaper to prepare a consolidated balance sheet immediately after the business combination is: A. $0. B. $25‚000. C. $70‚000. D. $45‚000. 2. Based on the preceding information‚ what amount should be allocated to goodwill in the consolidated balance sheet‚ prepared after this business combination? A. $0 B. $25‚000 C. $70‚000 D. $45‚000 On December 31‚ 2009‚ Add-On Company acquired 100 percent of Venus Corporation’s common stock for $300‚000. Balance sheet information
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Presented below is a list of items that could be included in the intangible assets section of the balance sheet. Instructions (a) Indicate which items on the list above would generally be reported as intangible assets in the balance sheet. 13. Goodwill acquired in the purchase of a business. 15. Cost of purchasing a patent from an inventor 16. Legal costs incurred in securing a patent. 17. Unrecovered costs of a successful legal suit to protect the patent. 23. Cost of purchasing a trademark
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refers to the process of receiving and entertaining a guest with goodwill. Hospitality in the commercial context refers to the activity of hotels‚ restaurants‚ catering‚ inn‚ resorts or clubs who make a vocation of treating tourists. Helped With unique efforts by government and all other stakeholders‚ including hotel owners‚ resort managers‚ tour and travel operators and employees who work in the sector‚ Indian hospitality industry has gained a level of acceptance world over. It has yet to go miles
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Brochure More information from http://www.researchandmarkets.com/reports/835361/ A Profile of the Indian Paint Industry‚ 4th Edition Description: - A decorative paint market of at least 2‚000‚000 tonnes by 2013 as international influences are established and consumers grow more adventurous; - Steady growth in the automotive market as Indian car ownership increases in line with affordability and infrastructure; - Strong growth in the Indian powder coatings segment‚ as new applications
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Institutions‚ Roorkee Dr. Bhuvnender Chaudhary Dean‚ Phonics Group of Institution‚ Roorkee Saurabh Tripathi Assistant Professor‚ Department of Management Studies‚ Phonics Group of Institutions‚ Roorkee ABSTRACT The automobile industry today is the most lucrative industry. Due to the increase in disposable income in both rural and urban sector and easy finance being provided by all the financial institutes‚ the passenger car sales have increased at the rate of 38% per annum in June 2005-06 over
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Part I Industry Definition Limited-Service Eating Places Industry "Limited-Service Eating Places in the US" (NAICS 72221 and SIC 5812) is an industry that consist mainly of establishments that provide food service where customers usually order and pay for the items before eating. This industry‚ which accounts for more than one third of the entire restaurant dining industry‚ is categorized into three main segments (Bramhall). The first segment is limited service restaurants‚ which include drive
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that are needful to an organization’s ability to produce goods and services‚ namely‚ Financial assets‚ Physical assets and Intangible assets. Intangible assets include intellectual capital (product patents‚ product designs‚ and process technology)‚ goodwill‚ and human capital or human resource1. There are many terms for the human resource such as "human capital"‚ "manpower"‚ "labor"‚ "talent"‚ or simply "people". None of the organization can survive without having the right human resource in long run
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