Controlling Inventory: It is important for business owner’s to constantly monitor the inventory held by a trading business since the success or failure of a business is often decided by the decision-making of management in relation to its inventory. Inventory is the most valuable asset reported in the balance sheet. If inventory is not managed effectively‚ the overall performance of a trading firm will suffer and so will the returns to the owner in terms of profit. As the success of a trading firm
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turndown. 2. To what extent is Conaty’s advice consistent with equity and expectancy theory? The equity theory is based on the very important task for the managers which is giving and paying attention to the perceptions that an employee can have. He can look for fairness and equity as well. Therefore the managers should communicate with wariness and explain their decisions very well. Vrooms Expectancy Theory states that people are motivated to behave in ways that produce desired combinations of
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FIN432 Review questions for midterm exam 1. The nominal risk-free rate of interest is a function of a) The real risk-free rate plus the investment’s variance. b) The prime rate and the rate of inflation. c) The T-bill rate plus the inflation rate. d) The real risk-free rate and the expected rate of inflation.* 2. At the beginning of the year an investor purchased 100 shares of common stock from ABC Corporation at $10 per share. During the year‚ the firm paid dividends of $1 per share
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Chapter 4 Review Questions 9-15 (page 179) 9. Identify the two primary sources for acquiring application software. Application Service Provider (ASP) A company that provides software‚ support‚ and the computer hardware on which to run the software from the user’s facilities over a network. Software as a Service (SaaS) A service that allows businesses to subscribe to Web-delivered business application software by paying a monthly service charge or a per-use fee. 10. What is cloud computing
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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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Remedial Physics------------------------------------Review Questions -------------------------------------Chapter 2 Quantitative Problems 1) An object moves 15.0 m north and then 11.0 m south. Find both the distance traveled and the magnitude of the displacement vector. A) 6.0 m‚ 26.0 m B) 26.0 m‚ 4.0 m C) 26.0 m‚ 26.0 m D) 4.0 m‚ 4.0 m 2) A boat can move at 30 km/h in still water. How long will it take to move 12 km upstream in a river flowing
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ACCOUNTING EXAM 2 STUDY GUIDE Chapter 5 1. Know the following terms: merchandise inventory‚ sales‚ sales returns and allowances‚ sales discounts‚ net sales‚ cost of merchandise sold‚ gross profit‚ operating expenses‚ operating cycle‚ purchase discounts‚ purchase returns and allowances‚ FOB shipping point‚ FOB destination‚ and inventory shrinkage. 2. Be able to prepare a multiple step income statement. 3. Be able to prepare the journal entries for the seller and buyer including
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1. People must satisfy their basic lower level needs before progressing to higher level needs. a. True b. False 2. Unlike personal communication‚ communication exchanges in organizations focus on tasks. a. True b. False 3. All of the following statements about human needs and motivation are true except: a. management has been impacted by the influence of behavioral scientists in sociology and psychology. b. communication between and among people is complex. c. all companies
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Chapter 9 Strategic Management 1) A business model describes how a company is going to make money. 2) The first step in the strategic management process is analyzing the external environment. 3) Evaluating an organization’s intangible assets is part of conducting an internal analysis in the strategic management process. 4) Activities that an organization does well or resources that it has available are called capabilities. 5) When conducting a SWOT analysis‚ threats are activities the organization
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Long Tran. HST200 Chapter 2 Review: The chapter mainly discuss about the time when the English first came to Virginia and established their settlements. But at the beginning of the chapter‚ the author mentioned about how historical documents could be controversial because they were based on eye witness and first hand knowledge. Therefore‚ such example of Captain John Smith were given. Captain John Smith was a well known Virginian for his
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