reports sought and expected; (ii) review the structure‚ rights and roles of board of directors‚ shareholders and auditors by making them more effective and accountable; (iii) address various aspects of accountancy profession and make appropriate recommendations‚ wherever necessary; (iv) raise the standard of corporate governance; etc. Keeping this in view‚ the Committee published its final report on 1st December 1992. The report was mainly divided into three parts:- * Reviewing the structure and responsibilities
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Costco Case Strategic Recommendation Bringing New Products for Customer Loyalty The Purpose: In order to counteract against the increase of taxes Costco now pays‚ we must raise revenues by attracting new customers‚ and give them a reason to remain loyal. To do this‚ Costco should introduce a slightly wider variety of products. Initial Problem: Although the company has exceeded in revenue generation and debt management‚ we have to deal with the catch-22. We have drastically limited our interest
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Recommendation Brief for an Internal Auditor When a company is experiencing difficulty controlling their accounting functions‚ hiring an internal auditor may alleviate some of the problems. Internal auditors may perform a variety of services including operational audits‚ compliance audits‚ and financial statement audits. Additionally‚ an internal auditor can assist in development of internal controls and evaluate the effectiveness of computer systems (Arens‚ Elder‚ & Beasley‚ 2006). A company
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GMRe: GM stock recommendation After reading Jeff Bennett and Sharon Terlep’s recent article‚ “U.S. Balks at GM Plan” in the 17 September‚ 2012 issue of the Wall Street Journal‚ I would like to make recommendation on when it would be best to allow GM to buy back 200 million shares from Treasury. In order to make this decision‚ I suggest analyzing from two aspects. One is the political influence. When should Treasury accept the buyback offer‚ so that can benefit the Obama administration? The other
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Market Analysis and Strategic Recommendation As a Marketing Consultant‚ my client‚ which operates in the Mobile phone and Network providers sector of the market and the organisation trades under the name of O2 has asked me to generate a report‚ including a full market analysis and a set of strategic recommendations. This is to help secure their short (1-3 years)‚ medium (3-5 years) and long term (5 + years) future. I will be using relevant marketing theory and also recent market data to help complete
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Subject: The customer for this report‚ and recommendation for the purchase of a computer system‚ is a dedicated first-year computer science student at a technologically specialized institution. He is currently working on a degree that involves several courses in word processing‚ computer assisted design‚ and graphics technology. This student is also an avid gamer and has a particular interest in the latest audio and video production technology. Requirements: The computing system and peripheral
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Recommendations Prohibited earning is not allowed in Islam. Even both banks disclosed it in the notes to the account‚ it still not permissible in Islam. What both banks should do is that is to get rid any business or transaction that yield prohibited earning. This is because as a Shariah compliance bank and the followers of Islamic teaching we need to show to other people especially the non-Muslim that prohibited earning is illegal in Islam. Besides that it will make the customer feel secure in
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INTRODUCTION Founded in 1992 by Ho Kwon Ping ( a travel enthusiast and former journalist) The first Banyan Tree Property opened in 1994 in Phuket The resorts were designed to blend into the natural environment Dedicated to preserving the environment‚ the Banyan Tree has received over 250 awards and accolades. Goal: is to become one of the top 2 or 3. PROBLEM STATEMENT Rapid Expansion Limited labor/ infrastructure Dilution of the brand Over-expansion of the brand Exclusivity becomes dampened because
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Strategy Recommendation STR/581 November 6‚ 2011 Strategy Recommendation for L.L.Bean Founded in 1912‚ L.L.Bean‚ located in Freeport Maine‚ is a global company with annual sales of $1.5 billion. In order for L.L.Bean to remain a profitable private retailer of men’s‚ women’s and children’s clothing‚ indoor furnishings‚ and outdoor gear for the avid outdoorsman‚ the company needs to continually reinvent themselves to stay ahead of the competition. L.L.Bean has remained profitable with only one
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European economic crisis‚ aviation deregulation‚ and rising oil prices have created opportunities or threats to Ryanair‚ and internal weaknesses such as unethical behavior have created issues as well. To address this‚ our team has created two recommendations for strategic change: correct unethical behavior and develop customer loyalty. Little new resources need to be acquired to make these changes; the largest obstacle to achieving them is to persuade the top management and board of directors that
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