unveiled worldwide with fraud as the main accusation. With the advent of technology‚ fraud is becoming more and more common and easy to carry out. It can be committed through many media such as mail‚ phone and the Internet. Given the international dimensions of the web and the ease with which users can hide their location‚ hackers can steal credit card details of anybody by simply directing the person to a dishonest website. Moreover‚ corruption is also gaining the political circle worldwide. A recent
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Jones Distribution Case Finance Team -13 Executive Summary: The Company Jones Electrical Distribution was founded in 1997. The company distributes and wholesales electrical components. It is a sole proprietorship owned by Nelson Jones who is looking for a new banking relationship that will allow him to receive a larger loan to sustain his business. Even though the company has been turning in profits‚ the ineffective collection practice‚ not availing trade discounts on time and ineffective
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Case Study: Baria Planning Solutions‚ Inc. Case Overview Baria Planning Solutions (BPS)‚ Inc. was founded in 1997 and is a publically traded firm with $95 million in annual sales. BPS helps its customers reduce procurement costs and improve the performance of their suppliers. BPS uses a combination of software‚ data analysis‚ project management and consulting to scrutinize its customers’ spending categories‚ identify sources of potential savings through initiatives such as supplier consolidation
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Reporting Income for Dot-Coms Priceline.com 1. Under the current system of accounting‚ the company would record revenues of $250 as they are the merchants to the transaction and $200 (80% of transaction value) as their cost of goods sold. 2. Alternatively‚ the company can net off the effect and show $50 (20% of transaction value) as their commission revenue. 3. If I were the CFO‚ I would recommend to opt for the first method of revenue recognition because it would show better
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inventory holding costs. Therefore‚ quantitative and qualitative analysis needs to be done to check the feasibility of having a common National Distribution Centre (NDC) or combining the demand of certain regions or products to have an optimized solution to minimize the total cost by trading off the increased distribution cost and warehouse cost with reduced inventory holding cost Calculating the annual inventory and distribution cost of the current distribution system: In the current system
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standardized procedures and regulations‚ numerous managerial levels‚ and promotions based on knowledge of and obedience to these procedures and policies‚ exemplifying the hierarchy culture (A.Ralson‚ Jane‚ H. Terpstra‚ Wang‚ C.Egri‚ 2006). And this study‚ we will review some literatures at first sector and get comprehensive insight of Chinese corporate culture‚ and discuss the relationship between corporate culture and innovation capability through interview with some corporations’ leaders in second
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In this fast paced growing of technology and the intense level of people around the globe are using the internet‚ the social network has become an important part of everyone’s life. Since then‚ the movement of social network such as: Facebook‚ Twitter‚ Youtube etc. are fascinating and the entire modern business world seems in its rush. For that reason‚ I strongly encourage to take our business to the social network is necessary. According to CNN .com‚ the Facebook exceeded one billion active users
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The DYMO Routing Protocol in VANET Scenarios Christoph Sommer and Falko Dressler Computer Networks and Communication Systems Dept. of Computer Sciences‚ University of Erlangen-Nuremberg‚ Germany {christoph.sommer‚dressler}@informatik.uni-erlangen.de Abstract—Coupling Vehicular Ad Hoc Networks (VANETs) with wired networks such as the Internet via access points creates a difficult mix of highly mobile nodes and a static infrastructure. In order to evaluate the performance of typical ad hoc
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Solutions Offered by Rochem in Various Platforms 1. Reverse Osmosis: It is one of the most widely used technologies to treat industrial waste water. It has been commonly used to remove salts and various other impurities so as to improve the parameters such as pH‚ biological oxygen demand‚ chemical oxygen demand. This technology is already on the rise because of its efficacy and cost efficiency. Reverse Osmosis is a phenomenon wherein water is separated from a solution of dissolved solids by the
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Q. What are the unique features of Shouldice’s services‚ as compared to that of a typical hospital? A. The hospital focused on this new procedure for treatment of external types of abdominal hernias. Some differentiating features of the Shouldice process were the arranging of abdominal muscles into three distinct layers‚ reinforcing the abdominal wall with six rows of sutures and did not involve any insertion of screen and mesh under the skin. Beyond the surgical procedure‚ it was the service
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