I. INTERNAL ENVIRONMENT: ORGANIZATIONAL ANALYSIS Corporate Structure. Mercedes-Benz corporate structure is representing eleven different departments‚ with an average of four core practice areas in each. Let’s start the discussion of the corporate structure by considering Corporate Communications Department. This department works on cultivating a positive news-media image and manages internal communications to retails. . Whenever Mercedes-Benz owners are in need of answers on their questions
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dispatched independently to approving authority. Once signed‚ the approved invoices should be sent independently to accounts payable. When the check is prepared by accounts payable‚ they should mail it directly to the third party. Under a strong internal control system‚ the employees and/or contractors should not be allowed to come in and collect checks directly. Direct contacts with accounts payable personnel make it too tempting for someone
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?2013 The Society of Management Accountants of Canada. All rights reserved. ??Registered Trade-Marks/Trade-Marks are owned by The Society of Management Accountants of Canada.
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December xx‚ 20xx To the Fellowship Selection Committee: I am writing in support of Janet Lerner’s application for an NSF Fellowship. Janet is genuinely a gifted student with great potential as a research scientist. I encourage you to give her your most careful consideration. Janet has been conducting an independent honor’s research project in my laboratory for the past year. Without a doubt‚ Janet is one of those rare individuals that comes along only once every few years; she is highly intelligent
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different approvals‚ usually built upon moral preference. Mill is able to categorize every human license into exist internal and external sanctions‚ and believes that it is possible to change your moral selection. External sanctions exist outside of the individual‚ independent of his mind. They may take the form of peer pressure‚ the fear of disapproval‚ or the fear of god. Internal sanctions stem from one’s conscience. These consist of feelings like discomfort or joy when one realizes the consequences
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Internal & Managerial Control “Internal (Management) Control is the set of accounting & administrative controls and practices that help ensure that approved and appropriate decisions are made in an organization” * in other words‚ to make sure that the right thing happens and the wrong thing does not happen‚ either purposely or accidentally Why Internal Control? 1. To safeguard the assets against waste‚ loss & misuse 2. Check the accuracy and reliability of accounting data
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INTERNAL ACTORS (AND EMPLOYEE REPRESENTATIVES) Directors The most prominent group of actors in corporate governance are the company’s directors. They can be either executive or non-executives directors (NEDs); the numbers and split of executives to NEDs will partly depend upon the regulatory regime of the country. It is generally the case that investors and regulators prefer there to be more NEDs‚ as their independent scrutiny of the company‚ its controls
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Metro-Internal Overview of the Current Scenario Week1: Average Team Strength – 12; Average Productivity – 6.5 Week2: Average Team Strength – 10; Average Productivity – 7.2 Learning & Observations: 1) The market as a whole is quite receptive to the Cash & Carry concept saving a lot of effort in terms of making customer calls. 2) There is a major chunk of our prospective customers in the outskirts of the city; but many of them don’t have a valid business licence or don’t have
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industrial revolution and the role that accountants played. The following essay shall discuss why the industrial revolution did not take place in comparison to Britain and the other leading countries. The role that accountants played In Europe will also be discussed. In order for these topics to be discussed the following will be looked at: The Colonization of Africa‚ how the start of the slave trade impacted the underdevelopment of Africa‚ the role of accountants in Europe during the industrial revolution
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ASSIGNMENT BRIEF PROFORMA DCT2053/TCT2063 E-COMMERCE& GOVERNMENT ASSIGNMENT 1 CHAPTER/TOPIC: Chapter 1– Chapter 2 TITLE: THE SUCCESSFUL OF E-COMMERCE IMPLEMENTATION IN MALAYSIA INSTRUCTION: 1. Report MUST contain minimum pages of 10 and maximum of 15. 2. Each student is required to submit an individual written report that consists of Introduction‚ Content and Conclusion 3. Mode: Individual 4. Submission in the form of written report (Hard
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