1. Reasonable care means having the duty to avoid injuring others‚ both bodily injury and property damage. It also refers to when someone uses ordinary prudence under the circumstances to avoid injury or other loss. 2. A breach of duty is when someone’s unreasonable conduct endangers someone to whom they owe a duty of care to. 4. The standard of care in most negligence cases is the degree of care that the law requires in a particular case. In most cases‚ the standard is reasonableness. What an
Premium Tort Law Tort law
Fajardo‚ Jeanne Dagny June 15‚ 2015 QUALMAN M72 Case 1 – Xerox 1. Contrast Leadership for Quality and Lean Six Sigma as quality initiatives for Xerox. How did heir motivations differ? What differences or similarities are evident in the principles behind these initiatives and the way in which they were implemented? The most important and primary motivation that wakened up Xerox and caused it to act and apply the Leadership Through Quality initiative was losing the market shares to the Japanese
Premium Strategic management Six Sigma Management
Kiddieland and the Super Gym (CASE 1.1) Esmerlyn Rosario Transportation – TRA 1154 Professor Robert Ulino Broward College October 30‚ 2014 http://www.eauc.hk/show.asp?id=67 Question: 1. List and discuss the advantage and disadvantage of purchasing a two-wheeled for each store to use for delivering Super Gyms. The advantages of the purchase of a two-wheeled trailer are that clienteles may bring their Super Gym home securely‚ and the trailers might be used for merchandises. However‚ the disadvantage
Premium Sport utility vehicle
1. The liquidity of Plastichem and DCM Molding is determined through the current ratio and quick ratio. The current ratio for both companies has been falling‚ but DCM Molding current ratio is higher. In 2001‚ DCM Molding quick ratio is higher than Plastichem. This shows that DCM Molding short term liquidity situation is better. Both companies current ratio is above 1‚ which shows more current assets as compared to current liabilities‚ the ratio is falling and the liquidity is decreasing‚ but DCM
Premium Financial ratios Financial ratio
Sydney’s Harbour Café Part 1. Review programs‚ systems and processes Sydney’s Harbour Café is a medium-sized Café business operating in NSW‚ Australia. There are about 5 branches distributed in Sydney city‚ each one is a medium-size café in a good location. Although it is only a small business‚ however its administration is highly organised. Task 1 1- Write a list of the key systems and processes used within the organisation‚ or within one business unit of the organisation. Sydney’s
Premium SWOT analysis
Chapter 14 Financial Statement Analysis True / False Questions 1. Vertical analysis compares the results of financial information with a business in the same industry for a number of consecutive periods of time. True False 2. The quick ratio is especially useful in evaluating the liquidity of a company with fast moving inventories. True False 3. Deducting the cost of goods sold from net income gives us operating income. True False 4. The gross profit rate is
Premium Balance sheet Generally Accepted Accounting Principles Financial ratio
Department of Accounting Detailed Syllabus of Third Year Four-Year B.B.A. (Honours) Course Effective from the Session: 2009–2010 National University Syllabus for 4 years BBA Honours Course Subject : Accounting Third Year (Honours) Third Year: 32 Credit Hours Course Code COURSE TITLE Marks Credit Hours Audit and Assurance 100 4 Advanced Accounting-I 100 4 Cost Accounting 100 4 Management Accounting (in English)
Premium Management accounting Cost Costs
same standards to prepare their financial statements can be compared to each other more accurately. This is especially important when comparing companies located in different countries‚ as they might otherwise be using different rules and methodologies to prepare their statements. This increase in comparability has helped investors better determine where their investment dollars should go. Not Globally Accepted The United States has not yet adopted International Financial Reporting Standards and
Premium International Financial Reporting Standards Financial statements Financial Accounting Standards Board
Introduction to Management Accounting Lecture: Albert De Jonge Student: John Alejandro Eusse Agudelo Submission date: 20/04/12 Content page Introduction 3 Standard Cost 3 History of Standard Costing 4 Disadvantage of Standard Cost 4 Advantage and benefits of Standard Costing 5 & 6 The relevance of standard in Brittan and rest of the world
Premium Cost accounting Costs Management accounting
CASE 01 - MYSTIC MONK COFFEE 1. Has Father Daniel Mary established a future direction for the Carmelite Monks of Wyoming? What is his vision for the monastery? What is his vision for Mystic Monk Coffee? What is the mission of the Carmelite Monks of Wyoming? Father Daniel Mary Has Established a future direction for the Carmelite Monks of Wyoming. His vision for the monastery is to transform their small brotherhood of 13 living in a small home used as a makeshift rectory into a 500-acre monastery
Premium Nun Monastery Monk