development)‚ L&D (learning and development) or a part of HR although it is often mistakenly understood as some or all of these. OD interventions are about change so involve people - but OD also develops processes‚ systems and structures. The primary purpose of OD is to develop the organization‚ not to train or develop the staff. Overview [edit] Organization development is an ongoing‚ systematic process of implementing effective organizational change. OD is known as both a field of science focused on
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Catherine Gamero 4/26/12 Week One Discussion Questions • What are the four basic financial statements? What is the primary purpose of each of the four basic financial statements? In your opinion‚ which financial statement is the most important? Explain why. The four basic financial statements are the balance sheet‚ income statement‚ statement of retained earnings‚ and statement of cash flows. The balance sheet shows what it owes and owns. Income statement shows how the company did during
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INTRODUCTION DEFINITION Organizational culture is the collective behavior of people that are part of an organization‚ it is also formed by the organization values‚ visions‚ norms‚ working language‚ systems‚ and symbols‚ it includes beliefs and habits It’s also the pattern of such collective behaviors and assumptions that are taught to new organizational members as a way of perceiving‚ and even thinking and feeling. Organizational culture affects the way people and groups interact with each other
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INTRODUCTION The Organization Study undertaken as a part of the curriculum has completed at Handicraft Development Corporation in Trivandrum. This study provides the opportunity to expose the student to an organization and its operational conditions. This study also aims at having a better understanding of various departments and its function. Organization study helps to know overall functions of a concern. This is a detailed study of the organization‚ product profile‚ service profile‚ organizational
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STATEMENT OF PURPOSE INTRODUCTION I am 24 years old‚ born and brought up in Karachi Pakistan‚ I have been living with my family ever since‚ I have 4 elder sisters who are married‚ 3 of them are living in United Arab Emirates and one is in Lahore Pakistan. (Family Composition Form Attached). My father belong to a Hotel Industry‚ he worked in United Arab Emirates London and Muscat. My father passed away in 2012‚ My mother is Assistant Director at Newport Institute of Communication & Economics; I belong
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Table of Contents Theory 2 Introduction 2 Fundamental 2 Background 3 Prepayment 3 Accrual 3 Income Statement 6 Balance Sheet 8 Trend Profit 9 QUOTES THEORY‚ INTRO‚ TABLE OF CONTENTS Introduction The purpose of this report is to identify the items that may result in adjusting entries for both prepayments and accrual by looking at the trial balance and income statement. Furthermore‚ analyzing the historical summary of financial is to know the trend for profit or loss of
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there is no complex paperwork. The business and the owner are the same person in law. The sole trader does not have limited liability which means that they are responsible for all the debts of the business. The sole trader has to produce an annual accounting return for the Inland Revenue. 2. Partnerships are set up by a Deed of Partnership which is a document made out by the partners and witnessed by a solicitor. This Deed sets out the legal relationship between partners e.g. how profits will be
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Merchandise inventory is generally valued at the price for which the goods can be sold. reported under the classification of Property‚ Plant‚ and Equipment on the balance sheet. reported as a current asset on the balance sheet. often reported as a miscellaneous expense on the income statement. Items waiting to be used in production are considered to be finished goods. merchandise inventory. raw materials. work in progress. In a manufacturing business‚ inventory that is ready for sale is called store
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PURPOSE STATEMENT From one of the famous university of Pakistan‚ The University of Lahore‚ I have completed B.Com (Hons.) specialized in Finance. I secured notable grades in my bachelor’s of commerce. Our University offered us comprehensive training in the field of Commerce‚ Finance‚ Management and Information technology etc. in all eight semesters (4 years) and covered most of the key courses of Accounting and Finance. That four years of study and enough knowledge of Accounting and Finance assure
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The basic principles of an accounting information system include all of the following except | | | Student Answer: | | cost effectiveness. (Cost effectiveness is one of the basic principles of accounting information systems.) | | | | flexibility. (Flexibility is one of the basic principles of accounting information systems.) | | | | useful output. (Useful output is one of the basic principles of accounting information systems.) | | | | periodicity. (Correct! Periodicity
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