CHAPTER 9 PROFIT PLANNING AND BUDGETING Questions‚ Exercises‚ Problems‚ and Cases: Answers and Solutions 9.1 See text or glossary at the end of the book. 9.2 A cost center is a responsibility center in which management is responsible only for costs. In a profit center‚ management is responsible for both costs and revenues. 9.3 An investment center is a responsibility center in which management is responsible for managing costs‚ revenues‚ and assets. A profit center is not responsible
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School Budget Philosophy Test User EDLE 665 Finance July 11‚ 2005 Can it fit on a bumper sticker? The process of developing an effective school budget is guided by two fundamental truths; first‚ that schools exist to educate students‚ and second‚ that the process by which the budget is constructed and the results of said process must be easily articulated by all stakeholders. Just as the Constitution of the United States is the supreme measure of lawful conduct in
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cultures and Deal & Kennedy’s cultures. In your opinion‚ which is a more realistic representation of organisational culture? Justify and explain your answer. Organisational culture is a shared value belief which binds the people of an organisation together to achieve a particular objective. “In the early 1980s organisational culture became increasingly considered as both an obstacle to change and a vital ingredient of organisational success or failure” (Ian Brooks‚ 2003). Handy culture has
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Schools as organisations * There are several types of providers of the EYFS‚ such as reception and nursery classes within schools‚ registered childminders‚ day nurseries‚ playgroups and after school and breakfast clubs. * There are four main types of mainstream state schools which are all funded be local authorities. These are known as maintained schools. They have to follow National Curriculum and include * Community schools these are run and owned by the local authority they
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COMMUNICATION IN AN ORGANIZATION INTRODUCTION Humans communicate all the time‚ and most of the time we do it as a matter of course‚ without thinking about it. We can define it in the following way:- “Communication is one of the basic functions of management in any organization and its importance can hardly be overemphasized. It is a process of transmitting information‚ ideas‚ thoughts‚ opinions and plans between various parts of an organization.” Communication is the process of conveying
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Baruch College - CUNY PAF 9140: Budgeting‚ Accounting and Financial Analysis I Daycare Budget Preparation Northville‚ a medium-sized city in the Midwestern part of the United States‚ has experienced a significant change in the composition of the municipal work force of 1‚800 employees. Approximately forty-five percent of the city employees are female. In a recent survey of city employees over fifty percent of the employees said‚ "affordable day care for children is important to me." Meanwhile‚
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Organisations and Behaviour 1.1 Compare and contrast different organisational structures and culture Let us analyse two different kind of organisations: a restaurant and a fast food. Thanks to my work experiences in London I am able to compare both of them. In the restaurant there was everything except that a good relationship among the employees and between these and the managers. Everybody was hired through a short interview‚ without having an induction or a proper training
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INTRODUCTION This essay focuses on two perspectives; modernist and postmodernist‚ each have their own interpretation of theories. They are analyzed in terms of power‚ conflict and control‚ physical and social organization structure‚ organization culture and their relationship with the environment. The theoretical framework will provide clear differences of the two perspectives whereas the analysis on Apple will provide a more comprehensive understanding on the application of theories from each perspective
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In the commentary piece “No Firemen at Ground Zero This 9/11” written by Michael Burke‚ son and brother of firemen‚ is about how the first responders during 9/11 are now being forgotten. New York City Mayor Michael Bloomberg is denying to honor the first responders on the 10th anniversary of 9/11 because there is not enough room to accommodate them. Burke is standing up for those heroes’ honor and memory. Burke utilizes many rhetorical techniques to convey his message including: narration‚ description
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INFORMATION TECHNOLOGY IMPACTS ON ORGANIZATIONS: ERP PROJECT CASE STUDIES BY: MAX ARO MASTER OF SCIENCE THESIS IN ACCOUNTING SWEDISH SCHOOL OF ECONOMICS AND BUSINESS ADMINISTRATION 2005 HANKEN - Swedish School of Economics and Business Administration Department: Accounting Author: Max Aro Type of Work: Master of Science Thesis Date: 22.12.2005 Title of Thesis: INFORMATION TECHNOLOGY IMPACTS ON ORGANIZATIONS: ERP PROJECT CASE STUDIES Abstract: Recognizing information technology (IT) impacts
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