CHAPTER 9 SUGGESTED ANSWERS EXERCISES Exercise 9 - 1 Books of Branch R |Home Office |15‚000 | | | Cash | |15‚000 | Books of Branch S |Cash |15‚000
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Unit Title: Use office equipment OCR unit number 221 Sector unit number H/601/2493 Level: 2 Credit value: 4 Guided learning hours: 18 Unit expiry date: 31 December 2013 Unit purpose and aim This unit is about using a variety of different office equipment following manufacturer’s and organisational guidelines. Learning Outcomes Assessment Criteria The Learner will: The Learner can: 1. Know about different types of office equipment and its
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ANSWERS TO STUDY QUESTIONS CH 1 1. Why is management important to society? For a society to survive and prosper there must be maintained efficient and effective management of the production of goods and services. 2. Why is management important to individuals? The management function is a source of employment to 18% of the growing work force. It offers good salaries‚ status‚ and opportunities for personal growth. 3. What is the role of the manager? The role of the manager
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of this thesis work. 3.1 Minimum viable product concept for developing countries The concept of minimum viable product was introduced in an internal event at Dräger‚ which was to present innovative ideas. The term ‘Minimum Viable Product’ (MVP) means that a product with basic features to satisfy its customers. It can be better explained with the help of figure 8: Figure 8: Minimum Viable Product [Source: Internal] The requirement of the customer in this case is to have a vehicle to travel from one
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(could include PEEST‚ 5 Forces) focus on the business mission which explains the reason for its existence‚ an audit/examination of the marketing environments‚ including competition‚ customer and target markets‚ and the strengths and weaknesses of the products and/or organisation. b. Where are we headed? The stage of Marketing Audit and SWOT analysis provide insights by examining marketing environments‚ objectives‚ strategies and activities to identify key strategic issues/problem areas. This is
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American Plan ( AP) - A billing arrangement under which room charges include the guestroom and three meals‚ Also called as full board / full pension. European Plan (EP) - A billing arrangement under which meals are priced separately or room only plan Modified American Plan (MAP) - A billing arrangement under which the daily rate is including room and two meals‚ generally Breakfast and dinner. Continental Plan ( CP ) - One of the most common / preferred billing arrangement which includes room
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Case 8.1: Stalwart Industrial Products Case Summary: Stalwart Industrial Products is a manufacturer and seller of a wide variety of industrial tools that they sell to numerous resellers and end users. The company was founded in 1935 and prides itself on producing quality tools that last for a very long time. Stalwart’s national sales manager‚ Tom Beesman‚ has been well regarded as a successful leader since taking over his position three years ago that has helped to guide the sales force to
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the customer relationship. Answer Selected Answer: CRM 2. Which type of system would you use to change a production schedule if a key supplier was late in delivering goods? Answer Selected Answer: TPS 3. ESSs are designed to serve the middle management of the organization. Answer Selected Answer: False 4. Supply chain management systems are more externally oriented than enterprise systems. Answer Selected Answer: True 5. ESSs are designed
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This report is taking a deeper look at Eco-Products‚ Inc. past financial performance and projecting the future. The company was founded by Kent and Steve Savage in 1990 in Boulder‚ Colorado. The company is a lead supplier of environmentally friendly food service products in the United States. The margins were low and the salaries were small. The company was financed by family and friends up to 2005‚ when they received their first line of credit from the bank at $30‚000. This line of credit reached
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TUTORIAL 8 & 9 Solutions (Company Accounts (Part 2)) Q1. 7% Redeemable PS [300000*80%] 240‚000 Premium on redemption [240000*0.2] 48‚000 Bank [240000*1.2] 288‚000 Share Premium 48‚000 Premium on redemption 48‚000 Retained Earnings 240‚000 Capital redemption reserve 240‚000 Q2. Gembira Bhd Statement of Comprehensive Income for the year ended 30 September 2010 RM’000 RM’000 Revenue 5‚200 Ccost of sales (W1)
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