* External and Internal Analysis and Competitive Advantage In this lecture‚ we focus * Company’s present strategy * Internal strength and weakness and external opportunity and threat * Five generic competitive strategy * Competitive advantage and strategy for Diversification * External and Internal Analysis and Competitive Advantage Considerations for Present Strategy: * Cost (low cost?) * Quality (superior quality?) * Customer based (broad or narrow segment) * Product-distribution
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MBA Semester 3 Subject Code – MF0013 Subject Name – Internal Audit and Control -4 Credits (Book ID: B1211) Assignment Set- 1 (60 Marks) Q.1 Critically evaluate the qualities of an Auditor in the wake of recent scams Ans:- What should be the qualities of Internal Audit Personnel? There is no universal answer to this question. We can only generalize about the qualities of internal Audit Personnel. It has been observed that internal auditors and independent auditors often belong to the same
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EXECUTIVE SUMMARY This paper will evaluates the role of information technology and how it affects internal audit process in banking industry. The study will also stresses on how IT affects internal control (control environment‚ risk assessment‚ control activities‚ information and communication and monitoring) and provides guidelines and best practices in evaluating techniques available to effectively perform auditing tasks internally. It will addresses how technology‚ Information system (IS) and
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Effects of the Industrial Revolution Working conditions What were the working conditions like during the Industrial Revolution? Well‚ for starters‚ the working class—who made up 80% of society—had little or no bargaining power with their new employers. Since population was increasing in Great Britain at the same time that landowners were enclosing common village lands‚ people from the countryside flocked to the towns and the new factories to get work. This resulted in a very high unemployment
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The Love that Bridges the Gaps: Which is your kind of love? By Don Brown The ancient Greek identified four specific terms to describe love which are as follow: agape‚ phileo‚ storge‚ and eros. Which of these do you spend time engage in most of the times? Agape Agape love: This is an unconditional love that sees beyond the outer surface and accepts the recipient for whom he/she is‚ regardless of their flaws‚ shortcomings or faults. It’s the type of love that everyone strives to have for their
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Available online at www.sciencedirect.com ScienceDirect Journal of Policy Modeling 35 (2013) 1103–1123 Macroeconomic consequences of terrorism in Pakistan Zahra Malik‚ Khalid Zaman ∗ Department of Management Sciences‚ COMSATS Institute of Information Technology‚ Abbottabad‚ Pakistan Received 28 May 2013; received in revised form 17 July 2013; accepted 23 August 2013 Available online 7 September 2013 Abstract The objective of the study examines the macroeconomic consequences of terrorism
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Gap Analysis: Global Communications Karen Thomas Stratford University Global Communication is an industry that can be a risk that managers face array of challenges when their companies embracing foreign ventures (Ives‚ Jarvenpaa‚ Mason‚ 1993). Global Communication can have several challenges that a company can face. Challenges can include layoffs‚ cost-cutting‚ competition with marketing revenues and language barriers. The language problem will probably hit during the first call overseas
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‘Business’ and Its ‘Environment’ Introduction Every business organization has to interact and transact with its „environment‟. The effectiveness of interaction of an enterprise with its environment primarily determines the success or failure of a business. The environment imposes several „constraints‟ on an enterprise and has a considerable impact and influence on the scope and direction of its activities. The enterprise‚ on the other hand‚ has very little control over its environment. The business
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article in CNN Money: “The economists that make the world ’s crucial monetary policy decisions are the same economists who authored most textbooks in use. While superficially appealing‚ their theories lack empirical evidence‚ are riddled with internal inconsistencies‚ and are based upon tenuous assumptions. Specifically‚ their models are built on downward sloping demand curves‚ upward sloping supply curves‚ perfect competition‚ rational consumers‚ benevolent dictators‚ and general equilibrium;
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INTERNAL MIGRATION IN INDIA Migration is a process of social change where an individual‚ alone or accompanied by others‚ because of one or more reasons of economic betterment‚ political upheaval‚ education or other purposes‚ leaves one geographical area for prolonged stay or permanent settlement in another geographical area. Migration of persons within national borders is far greater in magnitude than migration across international borders and has enormous potential to contribute to economic prosperity
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