Chapter 5 -5.1 Revenue: which are related to the sale of goods or services. (an increasing in equity resulting from the sale of goods or services) Expenses: which are the costs related to the revenues. Drawing: which are the owner’s withdrawals for personal use. Purpose of expanding the system: -The new accounts in the equity section of the ledger have one main purpose. -Provide essential information about the progress of the business. -Information need by managers and owners
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distribution‚ and reproduction The health effects of smoking are the circumstances‚ mechanisms‚ and factors of tobacco consumption on human health. Epidemiological research has been focused primarily on cigarette tobacco smoking‚[1] which has been studied more extensively than any other form of consumption.[2] Tobacco is the single greatest cause of preventable death globally.[3] Tobacco use leads most commonly to diseases affecting the heart‚ liver and lungs‚ with smoking being a major risk factor
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The Five Competitive Forces That Shape Strategy Competition for industry profits goes beyond the direct competitors in the business. It included four other competitive forces as well: • Customers • Suppliers • Potential entrants • Substitute products This extended rivalry that results from all five forces defines an industry’s structure and shapes the nature of competitive interaction within the industry. Industry structure drives profitability‚ not products or services‚ or mature or
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exempt. That is‚ consumers might spend more money on some substitutes of free VAT‚ rather than those products where VAT is payable. 3.3 Social Environment Social changes can also shape the evolution of retail industry. Those social factors include lifestyles‚ attitudes‚ personal value，household structure and demographic changes‚ etc. Changes in these aspects can also create threats and opportunities for retailers. 3.3.1 Demographic changes Demographic changes in UK have profound economic impacts
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Introduction No business today operates in a complete vacuum unaffected by market forces. By their very nature business activities are competitive. Within a dynamic‚ rapidly changing business environment producers are constantly entering and leaving the market. At the same time‚ changing customer preferences provide signals for businesses to develop new strategies with different products and services. Some businesses will succeed by responding to and meeting market needs‚ while others may not perform
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Tobacco -a preparation of the nicotine-rich leaves of an American plant‚ which are cured by a process of drying and fermentation for smoking or chewing. Shorts of smoking cigarettes: Irritation and inflammation of the stomach and intestines Increased risk of painful ulcers along the digestive tract Reduced ability to smell and taste Premature wrinkling of the skin Higher risk of blindness Gum disease (periodontitis) Long effects of smoking cigarettes : 1. Smelling like smoke There’s no mistaking
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the whole body of literary productions or writings upon a given subject‚ or in reference to a particular science or branch of knowledge‚ or of a given country or period. (Anon n.d.) The litarature is about the knowledge of certain perspective (industry) or organisation you focus on no matter you are working in it. Especially in a project of MBA programe‚ which might be out of your working environment‚ the academic knowledge is essential. MBS RSM Study Guide (n.d.) argues that literature should
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Jenkins. The grocery chain is an employee owned‚ privately held company. In 2009‚ Publix was ranked ninth on Forbes’s list of America’s largest private companies and number 99 on the Fortune 500 list of all U.S companies for 2010. Publix operates in five states in the southeast‚ Florida‚ Georgia‚ South Carolina‚ Tennessee and Alabama‚ with its headquarters in Lakeland‚ Florida. The company employs over 140‚500 people between its 1‚023 retail locations.They also have cooking schools‚ event planning
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7/22/2015 A Five Forces Example: Consumer Products Course 206: More on Competitive Positioning A Five Forces Example: Consumer Products In this course 1 Introduction 2 Porter’s Five Forces 3 A Five Forces Example: Consumer Products 4 Getting Back to Moats 5 Types of Narrow Moats 6 Wide Moats 7 Wide Moats Versus Deep Moats 8 The Bottom Line The five forces concept is perhaps best explained through example. (Porter’s work is nothing short of excellent‚ but it is a heavy read.) Let’s
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Chewing Gutkha Gutkha can well be defined as a devil in disguise. Promoted as a mouth freshener‚ this betel nuts and tobacco preparation is designed to release a chemical reaction that makes it an addictive proposition. However‚ most consumers believe that the blended spices and seasonings do not make it as a harmful product! But‚ the truth remains that gutkha; just as any other tobacco product is very addictive and injurious to health. Gutkha has been proved to be carcinogenic‚ The Effects if Gutkha
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