tax policy‚ labor law‚ environmental law‚ trade restrictions‚ tariffs‚ and political stability. Political factors may also include goods and services which the government wants to provide or be provided (merit goods) and those that the government does not want to be provided (demerit goods or merit bads). Furthermore‚ governments have
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A FINAL REPORT ON Analyse the Customer’s Need & Preference Submitted By:- SUNIL KUMAR A FINAL REPORT ON Analyse the Customer’s Need & Preference Submitted By:- Sunil kumar Reliance life insurance company ltd.
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Cost accounting Historical cost accounting has been a controversial method that experienced many criticisms over a period of time‚ especially since it considers the acquisition cost of an asset and does not recognize the current market value. Merits and demerits of this method are as follows. The most obvious advantage of HC accounting is objectivity. It is a predominantly objective system‚ which records the original cost of an item when it was purchased. Under historical cost accounting there is
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Introduction Social scientists and researchers delved into the idea of organisational culture as an important component of organisational theory in the past. Brown (1998) identified four different sources of organisational culture which stems from climate research‚ national cultures‚ human resources management‚ and from conviction approaches. This piece of work critically evaluates organisational cultures in the Early Years settings. The first part looks at the theoretical background to the evolution
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Subject: Financial Management Chapter no. 11: Capital Budgeting Chapter No. 11 – Capital Budgeting Contents ♦ Capital budgets as opposed to revenue budgets ♦ Different kinds of capital budgets – non-productive assets‚ improving operating efficiency and capital projects ♦ Choosing capital projects – Conventional and Discounted Cash Flow techniques ♦ Payback period‚ Discounted payback period‚ Net Present Value‚ Internal Rate of Return‚ Profitability Index methods ♦ Assumptions underlying different
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Blue Collar Brilliance-Summary and Response The article “Blue- Collar Brilliance” of Mike Rose argues that path for obtaining Intelligence doesn’t depend on what type of work we do either white collar or blue collar. Important point is to use your intelligence to perform best. He focuses on the point that intelligence in blue collar worker is due to experience‚ the power of body and brain to work together to solve a certain problem which white collar worker gain through formal education. “Solution
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disclosure sufficient and relevant information and assumptions in Level 1‚ 2 and 3‚ and regulators should continue to issue fair value measurement standards and make modifications. Introduction There are some heated debates about fair value merits and demerits and whether it has future development in financial report. Fair value is also called mark-to-market accounting and it is defined as the value of assets and liabilities could be exchanged between knowledgeable and willing parties in arms length
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Five Organizational Structures Assignment 5 July 13 2013 Every organization‚ to be effective‚ must have a structure. An organization structure is the setup that determines the hierarchy and reporting structure in an organization. It is often represented by a drawing known as an organizational chart. There are different types of organizational structures that companies follow‚ depending on a variety of factors like leadership style‚ type of organization‚ geographical regions‚ work flow and
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According to this theory‚ the aim of punishment is to educate or reform the offender himself. Punishment is inflicted on a criminal in order to reform or educate him. This theory is commonly accepted at the present time‚ because it is in harmony with the humanitarian sentiments of the age. This theory does not involve treating a person as a thing; a criminal is punished for his own good- not merely for the good of others. Reformation or education of the criminal is the aim of punishment. The
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Cost Benefit Analysis A cost benefit analysis is done to determine how well‚ or how poorly‚ a planned action will turn out. Although a cost benefit analysis can be used for almost anything‚ it is most commonly done on financial questions. Since the cost benefit analysis relies on the addition of positive factors and the subtraction of negative ones to determine a net result‚ it is also known as running the numbers. A cost benefit analysis finds‚ quantifies‚ and adds all the positive factors. These
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