SECTION B In the examination answer booklet complete each of the following short answer questions as required. Question 21: (4 marks) What is a cash generating unit? For the purposes of asset impairment testing‚ when is it necessary to consider cash generating units rather than the individual assets comprising the unit? Question 22: (4 marks) Explain the general nature of the accounting requirements specified in AASB 1039: Concise Financial Reports. Question 23: (4 marks) Define the terms
Premium Asset Balance sheet Generally Accepted Accounting Principles
International business management refers to the effective management of business transactions that are to be performed across various countries. This is done to satisfy the objectives of people and organizations. Thus a firm should be aware of various issues while entering foreign markets. There are key political‚ cultural‚ social‚ legal and environmental issues that every organization must fully cover to ensure the smooth running of its business in foreign shores. Failure to do so may lead to may
Premium Management Globalization Marketing
curve effects‚ and by transferring valuable skills between their global networks of subsidiaries. In another word‚ the strategies which increase profitability may also expand a firm’s business and thus enable it to attain a higher rate of profit growth (Hill‚ 2009). When a company plan to compete in the international environment there are two crucial factors affect the firm’s choice of strategy which are strength of pressures for cost reductions versus those for local responsiveness. Firms typically
Premium Mass media Cost Organizational structure
Critical Thinking SAMPLE Final Exam Questions 1 through 5: Assume the statement(s) following “Suppose you know that” is (are) true‚ even if the statements contradict what you know. Using that information‚ evaluate the conclusions offered. 1. Suppose you know that All Juan’s pencils are blue. All the pencils on the table are blue. Then would this be true? At least some of the pencils on the table are Juan’s. a. It must be true b. It cannot be true c. It may
Premium Logic Critical thinking Deductive reasoning
The foundation of Volkswagen dates back to the Third Reich. For the opening of the international automobile show in Berlin 1934‚ Adolf Hitler demanded the development of a car which should be priced at a maximum price of 1000 Reichsmark and thus remain affordable for the average citizen. This car should be named ‘Car of the people’ (Volkswagen) and offer space for a family of four members. The first model was designed by Ferdinand Porsche in 1934 and in May 1937‚ the “Gesellschaft zur Vorbereitung
Premium Automotive industry Volkswagen Group Volkswagen
ASSIGNMENT Course Code : IBO – 01 Course Title : International Business Environment Assignment Code : IBO – 01/TMA/2013-14 Coverage : All Blocks 1. Explain in detail four of the main multilateral environmental agreements with trade provisions. A. CITES Objectives and Overview of CITES The principle objective of CITES‚ which entered into force in July 1975‚ is to ensure that international trade in specimens of certain wild animals and plants
Premium Ozone depletion Hazardous waste Waste
direction of its potential‚ like starting a business 18.99% to 20.29%‚ dealing construction permits from 67.9% to 68.28%‚ getting electricity from 63.99% to 64‚70%‚ and paying taxes from 62.19% to 64.32%. All happening from 2013 to 2014 and also from table 2.3 we can see that Myanmar is moving up the DB ranking as well‚ like paying taxes from 113 to 107 and trading across borders from 114 to 113. All happening from 2013 to 2014‚ this ensure more business hence more profit for the country thus more
Premium Agriculture Economic growth
the factors of political‚ economic‚ social‚ technological‚ environmental and legal‚ we can use the PETSEL model. Political factor: This is referring to government policy on the business environment in industry policies‚ foreign investment and fiscal measures. Political can be an impact on many vital areas for business such as the education‚ the nation health and the quality of the infrastructure of the economy such as the road and rail system. Economic factor: Economic change is a major impact
Premium Inflation Economics Marketing
Who are they? • Persons going abroad for commercial and business reasons. • Individuals who have usually been sent by their employers to work and live temporarily in other countries. • People including all occupational levels from factory and domestic staff to highly skilled technicians‚ professionals and managers. Cultural distance‚ work performance and adaptation of business people The adjustment and coping difficulties of sojourners increase with the distance between their culture
Premium Management Culture
Finance and Industry: A Comparative Analysis of Post-War Trends in Six Advanced Industrial Economies New York: St. Martin ’s Press. DAUNE-RICHARD‚ A-M. (1995) ’Women ’s Employment and Different Societal Effects in France‚ Sweden‚ and the UK ’‚ International Journal of Sociology‚ vol. 25‚ no. 2‚ pp. 39-65. DEX‚ S.‚ WALTERS‚ P. and ALDEN‚ D. M.‚ (1993) French and British Mothers at Work. Basingstoke: Macmillan. DORE‚ R. (1973) British Factory - Japanese Factory. The Origins of National Diversity in
Free Sociology