Learning Team Weekly Reflection The third week of class‚ Team “C” collaborated together and shared our understanding for chapter four. The objective was to identify the difference between accrual basis and cash basis accounting‚ create adjusting entries‚ and prepare an adjusted trail balance. Differentiate between Accrual Basis and Cash Basis Accounting Accrual basis is a process in which companies use to show a change in their financial statements. These changes are recorded for the period
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interested in making a career in the area of travel and tour industry. The course aims to develop students who will become qualified personnel‚ administrators and entrepreneurs in the tourism industry. Is Tourism a profession? Tourism is not regarded as a profession since working in this field does not require licensing and most jobs in this field do not require specific knowledge that can only be obtained through studying this course. However‚ studying BS in Tourism can lead to career choices which are
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Macroeconomic Forecast Pfizer‚ Inc. March 14‚ 2005 Abstract This paper is a Macroeconomic Forecast Outline of Pfizer‚ Inc. This outline will identify main economic indicators for Pfizer as a business entity and as a representative of pharmaceutical industry. This paper will identify sources of various data collected based on economical activity and relationships between different economical indicators. Main Economic Indicators The purpose of economic indicators is to provide for researchers
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In terms of advancing up the corporate ladder‚ your primary ethical principle can be seen in many ways. The utilitarianism approach would be my primary approach because it suits the overall goal of not only the company you work for‚ but any company in general. Having everyone on board for the main focus and understanding should picture the ethical standards that the company demands for their employees‚ and themselves. Abiding by these ethical standards‚ not only helps the company move forward‚ but
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Behaviourist A perspective means a way of seeing things. Behaviourist is the first approach in this criterion. Behaviourist is the study of human minds‚ they study behaviour. The behaviourist sees the brain as a black box‚ this is because as they study animals it is easy to experiment‚ and they think that humans and animals are similar. The behaviourist wanted to become scientist‚ which is why they carried out the experiment. Although JB Watson (1887) was the founder of this theorist he studied
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‘Explain the benefits and problems associated with globalisation‚ using examples’ 10 marks Globalisation is the process by which the world is becoming gradually interdependent on each other as a consequence of increased trade and cultural exchange as countries interconnect together the increase of trade rises. Companies have expanded and become transnational cooperation’s with divisions in many countries to their factories. The reasons for globalisation interlinks with the benefits and problems
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(10) : 81-224-2326-1 ISBN (13) : 978-81-224-2336-5 PUBLISHING FOR ONE WORLD NEW AGE INTERNATIONAL (P) LIMITED‚ PUBLISHERS 4835/24‚ Ansari Road‚ Daryaganj‚ New Delhi - 110002 Visit us at www.newagepublishers.com Preface While teaching the course on ‘Production Operations Management (POM)’ to my students in India and abroad‚ I have felt a huge shortage of books and relevant materials on this subject. The books available are mostly written with Western world perspective. The examples included
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Although demand forecasting is usually the responsibility of the sales and/or marketing functions‚ it is a very important input into the capacity planning and control decision‚ and so is of interest to operations managers. After all‚ without an estimate of future demand it is not possible to plan effectively for future events‚ only to react to them. It is therefore important to understand the basis and rationale for these demand forecasts. As far as capacity planning and control is concerned‚ there
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int. j. prod. res.‚ 2001‚ vol. 39‚ no. 16‚ 3561±3600 A review of agile manufacturing systems LUIS M. SANCHEZy and RAKESH NAGIy* About a decade ago‚ the agile manufacturing paradigm was formulated in response to the constantly changing `new economy’ and as a basis for returning to global competitiveness. While agility means di erent things to di erent enterprises under di erent contexts‚ the following elements capture its essential concept: agility is characterized by cooperativeness and synergism
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ual MERGER & ACQUISITION IN INDIA: An Analytical Study by Harpreet Singh Bedi Sr. Lecturer‚ Department of Management Lovely School of Business Lovely Professional University Mobile no- 9855267392 Harpreet.bedi_lim@yahoo.com Electronic copy available at: http://ssrn.com/abstract=1618272 MERGER & ACQUISITION IN INDIA: An Analytical Study Abstract The process of mergers and acquisitions has gained substantial importance in today’s corporate world. This process is extensively used for restructuring
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