A local business that I frequent is Walmart. I go there on almost a weekly basis to get groceries and other necessities. The three main components of a business model are its business commerce‚ business occupation‚ and business organization. Business as a commerce is the process in which people produce‚ exchange‚ and trade goods and services. Walmart’s business commerce is trade. As Walmart has expanded‚ they are engaged in not only the trade of goods‚ but also services. Most Walmart stores have
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1. Which one of the three phases of the behavioral viewpoint‚ a historical management perspective‚ is best illustrated in the article? Explain why. Ans: The three phases of the behavioral viewpoint are early behaviorism‚ the human relations movement and behavioral science. The phase best illustrated in the article is Behaviorism which was pioneered by Follett‚ Mayo and Munsterberg who talked about how psychologist can identify the psychological conditions for employees to do their best work. In
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Accounting consists of basic assumptions‚ principles‚ and constraints. There are four basic assumptions of accounting that are the fundamental basis of any set of accounts. The four basic assumptions of accounting include: monetary unit assumption‚ economic period assumption‚ time period assumption‚ and going concern assumption. Monetary unit assumption states that only transaction data that is expressed in terms of money can be included in the accounting records. Economic period assumption states
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1. Who are the stakeholders involved in this decision? Although Anne‚ the CEO‚ and Sue‚ the accountant are involved in this decision it is the banks‚ Linkage Construction Inc. employees and investors‚ and subcontractors if any are used are the affected stakeholders involved in this decision. 2. What are the ethical issues involved? The ethical issue involved is changing the expense report to show lower expected profits for the current year just to manipulate the growth trend of the company which
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Greek architecture started to be restored to its previous glory in the 7th century. In the beginning Grecian architecture was constructed from mud and wood. However‚ as time progressed‚ the buildings began to be made of limestone‚ and those buildings remained. The limestone buildings are the buildings that we see today. In the latter Greek architecture‚ there are three time periods that are expressed. These periods are Classical‚ Hellenistic‚ and Roman. Limestone was excavated and cut into
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Top-Level Objects Communicates With Incoming Messages Outgoing Messages Microwave Door Control Panel NA Door Open Control Panel Setting Door‚ Display Panel‚ Temperature Setting Open or Close Door Oven On or Off Time‚ Date‚ Start‚ Clear‚ Power Setting Oven Control Control Panel Start‚ Stop‚ Power Setting Temperature‚ Oven On or Off Turn Table Control Panel Start or Stop Turn Table will start spinning or stop Explain some of the graphical user interfaces (GUIs) and communications messages
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There are three ways to analyze financial statements there is the vertical analysis‚ which uses the base percentage to express the assets or liabilities and stockholders’ equity. Horizontal analysis or the trend analysis is how someone can evaluate the financial statement over a period. With this method‚ one can determine an increase or decrease in assets liabilities or stockholders equity. This can be done in percentage or totals Horizontal analysis is used primarily with an intercompany comparison
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BACKGROUND PAPER ON DOMAINS OF CULTURE: FAMILY & KINSHIP When people hear the word “Family”‚ different things come to mind depending on where you are from. It is defined as a basic social unit consisting of parents and their children‚ considered as a group‚ whether dwelling together or not (1). Family and kinship are how we inherit values‚ spiritual‚ and emotional qualities. We get our character from surroundings and upbringing. Inheritance is also a major part of families. It allows
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From looking at the ratio calculations Luna has a few things they could work on to help their profitability problems. I’ll start with looking at their operating profit margin which is steadily declining while gross profit is consistent indicating a large increase in operating expenses that have grown more than the percentage increase in sales‚ which in turn affects overall profit. Luna’s net profit margin return on assets is suffering consistently as well‚ but this is part of the decline in operating
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Tommy Martin is finding it hard to interact with other children and his educators at school. He is in grade 4 now and has had this problem since kindergarten. He lacks interest in the classroom and he is difficult to work with. Often times he is sent to the principal’s office because of inappropriate behavior. He does not keep friend for lengthy periods of time. He is physically aggressive and very emotional‚ even about seemingly innocuous things. He does not like sympathy during these emotional
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