striking feature of software development process at Microsoft (as discussed in the case)‚ according to you and WHY so? * In IT industry‚ we have two types of industries (1) Product Based: Build their own product and sell it in market / to clients and (2) Service Based: Build (software) applications / products for other companies and their clients. * Microsoft is more of Product Based. They accelerate new technologies as and when they evolve. Microsoft - the epitome of software product development
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INTRODUCTION 1.1) INDUSTRIAL PROFILE The Indian Equity Market is more popularly known as the Indian Stock Market. The Indian equity market has become the third biggest after China and Hong Kong in the Asian region. According to the latest report by ADB‚ it has a market capitalization of nearly $600 billion. As of March 2009‚ the market capitalization was around $598.3 billion (Rs 30.13 lakh crore) which is one-tenth of the combined valuation of the Asia region. The market was slow since early
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Accounting‚ or accountancy‚ is the measurement‚ processing and communication of financial information about economic entities. Accounting‚ which has been called the "language of business"‚ measures the results of an organization ’s economic activities and conveys this information to a variety of users including investors‚ creditors‚ management‚ and regulators. Practitioners of accounting are known as accountants. Accounting can be divided into several fields including financial accounting‚ management
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1 Academy 1-112010-01 20‚ November 2010 KETAN R GANDHI RCG Group: Wind farming dreams Freedom from dark nights to every home through powering green energy gives us feeling of pride and sense of making a sustainable world – Rameshchandra Gandhi‚ Chairman of RCG group of companies. Wind Farming Dreams Ever since RCG group’s inception in 1972 at Rajkot‚ it has always looked at things differently. RCG group started out in Rajkot in Gujarat state with a modest beginning as small scale
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Managerial Accounting Study Guide Chapter 2 Differences between financial and managerial accounting Managerial accounting provides information to managers‚ the people inside the organization who direct and control its operations. Financial accounting provides information to stockholders‚ creditors‚ and others who are outside the organization. Managerial accounting = inside the organization Financial accounting = outside the organization Exhibit 2-2 Comparison of Financial and Managerial Accounting
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Module 7 Case Study 2: Transforming customer service for BRANZ Ltd. Abstract Porter’s value chain describes a comprehensive format of creating value within any business venture. It explains how to alter business inputs into outputs that are of greater value than the initial cost of creating the same outputs. According to Michael Porter‚ analysing the chain of activities in any organization will be of more value to the output and services compared to the summation of the cost of these activities
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TORA Temporary-Ordered Routing Algorithm (TORA) – An Operations Research Software TORA is an algorithm i.e. a mathematical set of instructions or programs (mathematical-software). It is an optimization system in the area of operations research which is very easy to use. Further‚ TORA is menu-driven and Windows-based which makes it very user friendly. The software can be executed in automated or tutorial mode. The automated mode reports the final solution of the problem‚ usually in the standard
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Apple Case Study -- The advantages and disadvantages of Non-GAAP earnings relative to GAAP earnings based on subscription accounting Advantage: 1. Management believes investors will benefit from greater transparency in referring to these non-GAAP financial measures when assessing the Company’s operating results‚ as well as when forecasting and analyzing future periods. Non-GAAP financial measures can be a supplement to the Company’s GAAP financial measures‚ which helps analyst know more about
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IT systems had been developed in-house and had supported us well in the past‚ but gaps began to emerge as the business expanded. We relied on a number of different applications for inventory management‚ production‚ product costing and financial accounting‚ and the lack of integration between these systems was really starting to impact operational visibility and efficiency as we continued to grow.” generated by its operations on materials‚ production‚ sales and finance threaten to overwhelm the company
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Accounting for the iPhone at Apple‚ Inc. (HBS 9-111-003) 1. Exhibit 3 provides the journal entries under subscription accounting. Refer to the example in Exhibit 3. a) Complete the following FSET assuming the Apple follows subscription accounting to account for iPhone’s sales revenue (separately for the transaction in Quarter 1 and in Quarters 2 to 8). Balance Sheet Income Statement Transaction Cash Asset + Noncash Assets - = Liabilities + Contrib. Capital + Earned Capital Revenues
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