PRESENTATION ON MANAGERIAL ACCOUNT BY ID-1406065 ID- 1406067 ID- 1406071 ID- 1406073 ID- 1406079 Dobojit Chakama Md. Shahadat Hossain Md Saiful Islam Md Mustafizur Rahman A B M Khaled Haider 1 Assignment • Memofax‚ Inc.‚ produces memory enhancement kits for fax machines. Sales have been very erratic‚ with some months showing a profit and some months showing a loss. The company’s contribution format: • Income statement for the most recent month is given below: Sales (13‚500 units at $20 per
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Challenges and Advantages of Doing Business in China With China emerging as a global power in business within the last decade‚ knowing about doing business in China has become more important than ever. There are both many advantanges and challenges with doing business in China in this modern era‚ and understanding both sides of this coin is the key to being successful in China. Some aspects to keep in mind include the cultural barrier‚ the price of the work force in China compared to the United
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Hepatitis A is a highly contagious liver infection caused by the Hepatitis A. This virus is one of several types of hepatitis viruses that cause inflammation and affect your liver’s ability to function. Hepatitis A You’re most likely to contract this virus from contaminated foods or water or from close contact of someone else who is already infected. Hepatitis A Hepatitis A is primarily found in the feces of an infected person. Symptoms It is spread from infected food workers to
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paper seeks to identify how this has affected way of doing business by multinational organization by looking and four aspects‚ which are cultural differences‚ ethical issues‚ strategy and industrial or business. 1 1. CULTURAL DIFFERENCES Culture plays a very important aspect in various aspects of business especially for multinational corporations (MNC) operation on a global level. Cultural variations affect the way a firm conducts its business in different geographical regions and around different
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bureaucratic hurdles which the MNCs had to overcome‚ gradually reduced making it easier to do business. Corruption is another big hurdle when doing business in India. Areas like electricity supply‚ judiciary (particularly lower courts)‚ Police‚ land administration are counted in the most corrupt category. Since all these are essential in building up a business‚ corruption proves to be a major hurdle for starting business in India. Inadequate Infrastructure It has long been felt that roads and communication
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internet in doing business Convenience Reduced or no face to face contact with the customer. The business schedules time for customer response rather than being at the demand of the customer ‚ as in telephone or face-to-face contact Business can attend to their customers at any time‚ not just during normal trading hours Via social network‚ business can not only communicate with customers quickly but also retrieve customers’ feedback immediately and directly. Savings No shop rent if business is only
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Executive Summary In order to successfully introduce a product into a foreign market it is important to know the culture of the country you plan to do business in. In order to introduce mobile handsets into a market like Venezuela‚ the supplier must be well acclimated with the purchasing habits‚ tastes‚ and willingness to purchase the product that is being sold. Understanding these things starts with building a knowledge base about the major aspects of the culture and your target consumer. With
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Power in a business situation can be described as having “the ability to influence people toward organisational objectives.” (US Navy‚ n.d.) There are many different forms of power that an individual may have within the workplace. Some examples of the various forms of power that an individual may exert are legitimate‚ referent‚ coercive‚ and informational. Each power source identified is used differently in managerial settings and subordinates react differently to each power type. These different
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Doing business in Middle East The United Arabs Emirates‚ a place where people from all over the world come to find success and fame. A place where your dreams can come true but not for everyone. The main reason for these are a lack of ability to adapt into a new culture. In history‚ culture differences have always been at the heart of conflicts between people and civilizations. We live in a highly populated world where cultures differ even from city to city. This creates conflicts and misunderstanding
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Chance Japan is very much open for business‚ Japan remains the world‘s third largest economy‚ after the U.S. and China‚ with a GDP of roughly $5.9 trillion. During 2011 the Japanese yen strengthened significantly against the U.S. dollar‚ reaching a 15-year high of 75.86 yen to the dollar in October 2011. American goods and services have never been more affordable for Japanese buyers. In 2011‚ the top exporters to Japan were China‚ US‚ Australia‚ Saudi Arabia‚ UAE‚ South Korea‚ and Indonesia. The
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