Acknowledgements………………………………………………………………………………………………………………………..3 Aim of Study…………………………………………………………………………………………………………………………………...4 Introduction…………………………………………………………………………………………………………………………………….5 Chapter 1…………………………………………………………………………………………………………………………………………6 Transactions-Sept……………………………………………………………………………………………………………………………7 Cash Book………………………………………………………………………………………………………………………………………..8 Sales Journal…………………………………………………………………………………………………………………………………….9 Purchases
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seen that Gross Profit Margin of Ashok Leyland is decreasing because of various factors such as increase in raw material cost‚ labor cost‚ power and fuel cost. So company has to undertake research and development to reduce the costs. Similar is the case with Swaraj Mazda as their ratio is also decreasing. So we can say that there is a common trend in both the companies but on the other hand if we see the sales turnover Ashok Leyland has more than Swaraj Mazda so still they can improve its margin
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simplistic terms‚ supply is what is available‚ and demand is what is desirable. In the can-do world of the new millennium‚ some consumers have come to believe that everything is possible and that Ademand creates its own supply.@ Alas‚ that is not yet the case. While many companies continue to invent new and innovative products to meet consumer needs‚ not everything customers desire can be supplied. For example‚ there is no comprehensive cure for cancer. The forces of demand and supply work together to provide
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Assignment #3: Corporate Ethics Report Card: Wal-Mart [pic] |Tools of Organizational Design – Structure & Systems |Yes/No/Date/$ | | |No info/Comments | | | | |Management Practices & Consumer
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MANAGERIAL ROLE: 1. INTERPERSONAL ROLES (i). Figurehead role- In this role a manager performs symbolic duties required by the status of his office. Making speeches‚ bestowing honors‚ welcoming official visitors‚ distributing gifts to retiring employees are examples of such ceremonial duties (ii). Leader- This role defines the manager’s relationship with his own subordinates. The manager sets an example :legitimizes the power of subordinates and brings their needs in accord with those of his
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5. Managerial Grid The x/y axis on the grid consist of two behavior dimensions‚ concern for people and concern for production. Concern for people is the degree to which a leader considers the needs of employees when deciding how tasks or jobs should be done. This can be personal or professional development. This behavior dimension moves along the y-axis. Concern for production is the degree to which a leader emphasizes objectives and productivity goals when deciding how tasks or jobs should
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REFLECTIVE ACCOUNT. Unit 1- 1.1‚ 1.2-This is a reflective account of the things I have done‚ experience and knowledge I have gained throughout the assessor ’s course mainly during the process of assessment. First‚ I would like to describe the definition of assessment‚ its key concepts‚ stages to show the knowledge and understanding I have gained throughout the course. An assessment is a pre-agreed formal session with the learner. Assessment is judging performance against an agreed standard and
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Define leadership and management/supervision. What are the primary differences and what are the similarities? Leadership is defined as the ability to attract capable people‚ motivate them to put forth their best efforts and solve problems that arise (Manning‚ 2012). Simply stated‚ leadership is social influence and influences people to leave a mark and initiate change resulting in a desired outcome (Manning‚ 2102). Management is often confused with leadership. Management involves four functions—planning
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management to record‚ plan and control activities to aid decision-making process | Accounting process | Follows a full process of recording‚ classifying‚ and summarising for the purpose of analysis and interpretation of the financial information | Cost accounts are not preserved under Management Accounting but analyses necessary data from financial statements and cost ledgers. | Legal/rules | Drafted according to GAAP - General Accepted Accounting Procedure. | Drafted according to management suitability
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Time Value of Money Q1. Mr. Sundaram is planning to retire this year. His company can pay him a lump sum retirement payments of Rs 2‚ 00‚000 or Rs 25‚000 life time annuity whichever he chooses. Mr. Sundaram is in good health and estimates to live for at least 20 more years. If his interest rate is 12%‚ which alternative should he choose? Ans Present Value of Annuity 25000*7.469*1.12 = 2‚09‚132 Which is greater than lump sum value of Rs. 2‚00‚000. So Annuity option is better
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