Group 11: Nguyen Thi Thu Huyen Nguyen Thi Dieu Linh Mai Ngoc Tam Nguyen Lan Anh Case 8-22: Evaluating a company’s budget procedures 1. Identify the problems that appear to exist in Ferguson & Son Manufacturing Company’s budgetary control system and explain how the problems are likely to reduce the effectiveness of the system. Ferguson & Son Manufacturing Company has appointed Robert Ferguson‚ Jr.‚ the son of the president as the plant manager. He directed the company’s focus on budgetary control
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Chapter 8 IT WAS STRANGE‚ DIANORA THOUGHT‚ STILL MOVING THROUGH the crowded Audience Chamber as spring sunlight filtered down on Brandins court from the stained- glass windows above‚ how the so clear portents of youth were alchemized by time into the many-layered ambiguities of adult life. Sipping from her jeweled cup she considered the alternative. That she had simply allowed things to become nuanced and difficult. That the real truths were exactly the same as they had been on the day she arrived
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INTRODUCTION 1)Several specialized forensic fields are devoted to studying biological evidence at a crime scene. One of these fields is forensic palynology‚ the study of pollen and spore evidence to help solve criminal cases 2)A spore is another kind of reproductive structure that can develop into an adult that is found in certain protists (algae)‚ plants‚ and fungi 3)The use of both pollen and spores in forensic studies is based on Locard’s principle of exchange POLLEN PRODUCERS 1)Knowledge of
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Chapter 8 – Systems oriented theories 1. Introduction Rationale: Why corporate management might elect to voluntarily provide particular information to parties outside the organisation. (Page 250 & 251) Gray‚ Owen and Adams (1996): Legitimacy Theory and Stakeholder Theory are two theorietical perspectives that have been adopted by a number of researchers in recent years. The theories are sometimes referred to as “systems-oriented theories”. Within a systems-based perspective‚ the entity is assumed
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Case 8: The Controversial Job (chapter 11) 1. Do you feel that David was justified in insisting that the job‚ not the person‚ be evaluated? Discuss. In my opinion‚ David is acting professional and justified to insist that the job should be evaluated and not the person. The purpose of the committee was to review certain jobs and not an individual employee. The committee need to keep personalities out of the evaluation process. It is a formal method to estimate the payment rates of a company
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que 8 International data show a positive correlation between political stability and economic growth. a. Through what mechanism could political stability lead to strong economic growth? b. Through what mechanism could strong economic growth lead to political stability? Ans 8 a. Political stability could lead to strong economic growth by making the country attractive to investors. The increased investment would raise economic growth. b. Strong economic growth could lead to political stability because
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BMI and Daily Vibration Exposure A(8) In this case‚ the scatter plot looks plausible. All respondents have body mass index (BMI) between‚ 20.2 and 30.8. The body mass index are reasonably spread out with an average around 24.6. Next‚ the range for daily vibration exposure A(8) from roughly 0.86 to 1.41. On top of how BMI and daily vibration exposure are distributed separately‚ it can be seen that respondents with higher BMI tend to have higher daily vibration exposure A(8). This indicates a positive
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the approach‚ the company can expand his territory easily. Charlie’s approach has the positive influence on his company’s performance. 2. Which of the basic functions of management has Charlie considered? How well is he preparing to carry out these functions? Charlie has considered the four traditional functions of management: Planning‚ organizing‚ leading‚ and controlling. Firstly‚ he analyzed the current situations‚ anticipating the future‚ and determining objectives. He typed out a list of
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Chapter 14 Questions 1. A principal-agent relationship is a relationship where an agent makes decisions that affect the principal. Examples of explicit principal-agent relationships are the relationships between a client and a lawyer and between an investor and a money manager. Examples of implicit principal-agent relationships are an employee acting on behalf of its employer and a consumer making decisions‚ such as copying and selling a product‚ that can affect a manufacturer. 2. The
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Chapter 10 Prices‚ Output‚ and Strategy: Pure and Monopolistic Competition Solutions to Exercises 1. Pepsi and Coca-Cola bottlers face enormous supplier power from the syrup manufacturers‚ sell primarily to concentrated grocery store chains‚ and are constantly presented with many substitute firms who could provide their role in the value chain. Thus‚ despite high barriers to entry from high capital requirements‚ high switching costs‚ and closed distribution channels‚ their sustainable profitability
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