Howard Street Jewelry Accounting Case Study on Internal Controls 1. The main internal control concept the Levis ignored was segregation of duties. No one person should be responsible for all transactions from the beginning to the end. Betty had too many responsibilities that were interwoven and should have been performed by more than one person. She handled the cash that came in‚ maintained the cash receipts and the sales records. Another concept that this relates to is that no one
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EFFECTIVE BUSINESS COMMUNICATION Effective business communication can be defined as a well-organized and schemed process of sharing business ideas‚ proposals‚ information‚ facts and/or reports within an organization or outside it to achieve a predetermined goal. In other words‚ it is the flow of messages within a business house among its employees and with its customers‚ clients‚ etc.‚ ensuring its smooth running. Why Do We Need It Many of us have faced the situation where our families and friends
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Internal Recruitment The assessment of an employer’s current staff to ascertain if any current employees are sufficiently skilled or qualified to perform required job vacancies. When a business engages in internal recruitment‚ a current employee might be reassigned to the new position by giving them either a promotion or an internal transfer. Advantages of Internal Recruitment Reduced Recruiting Costs There are costs associated with recruiting‚ especially when your search is conducted outside of
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Apollo and Dionysus: Gods of Art and Will In Nietzsche’s first book‚ The Birth of Tragedy‚ he introduces two principles with which he drives his discourse on the nature of art: the Apollonian dream‚ and the Dionysian intoxication. He states his purpose in writing the book‚ saying that “we will have achieved much for scientific study of aesthetics when we come‚ not merely to a logical understanding‚ but also to the certain and immediate apprehension of the fact that the further development of art
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Throughout the two short story’s "Apollo" by Chimamanda Adichie and "The Two Brothers" by Leo Tolstoy‚ the authors portray that happiness gives people a sense of purpose and is achieved by doing the things you love. The short story "Apollo" is about a boy named Okenwa who finally finds happiness in his love for Kung Fu. Okenwa’s parents are college professors and wants Okenwa to be just like them. But Okenwa does not like doing the things his parents want him to do such as reading‚ instead he finds
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develop and maintain business with its targeted customers. These are the Micro Environment‚ the Macro environment and the internal environment.The micro-environment of an organization can best be understood as comprising all those other organizations and individuals who directly or indirectly affect the activities of the organization. The following key groups can be identified as: their suppliers‚ marketing intermediaries‚ customers‚ competitors and the public. * Neil Saab‚ PROCTER’s European head
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Risk is part of life : I face countless danger everyday driving to work. sure I can try minimize many of them through my own driving behavior . but I can’t prevent motorist behind me who is talking on his mobile from rear-ending me while I’m waiting at a stoplight. As much as we would have it otherwise‚ risk is part of life. Some risks can be averted by steering clear of them. Many are‚ however‚ unavoidable. False sense of security Sometimes you can insure yourself against the consequences of risks
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Risk Management 04-27-2011 Henry Rivera‚ JR. CMGT/442 - Information Systems Risk Management Abstract McBride Financial Services is currently opening an office in Sioux Falls‚ SD and requires a comprehensive risk assessment for McBride’s management team. The risk assessment should identify potential risks that could impact the operation of the business including; * The use of toxic chemicals in the vicinity of the business by manufacturing processes industrial solvents‚ blue print machines
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Internal and External Forces Affect OB � PAGE �1� RUNNING HEAD: INTERNAL AND EXTERNAL FORCES AFFECT OB Internal and External Forces Affect OB Ebonique Barber‚ Debra Herron‚ Ruby Lee‚ Brian Hammock Team A University of Phoenix MGT 307 Carol Solinger HOW INTERNAL AND EXTERNAL FORCES AFFECT ORGANIZATIONAL BEHAVIOR ON‚ RESTRUCTURING‚ ORGANIZATIONAL MISSION‚ FISCAL POLICIES‚ COMPETITION‚ ECONOMY‚ CUSTOMER DEMANDS‚ GLOBALIZATION? INTERNAL AND EXTERNAL FORCES AFFECT OB INTRODUCTION Many organizations
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oxygen fast. In our project we had to find a solution to get the ping pong ball from one side of the gap to the other. Some similarities with Apollo 13 and our project was that we all had to find a solution of a problem and we all had one chance. These similarities are important to the success of Apollo 13 and our team because if the mission control of Apollo 13 did not find a solution fast‚ the lives of 3 innocent men would be in danger‚ and if we didn’t get the ping pong ball from one side to the
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