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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Case study carnival cruise lines:exploiting a sea of global opportunity Background Q&A Take Home Messsage What global forces have contributed to the growth of the cruise-line industry? the change in the competitive environment brought about by the advent of transoceanic airline service increasing discretionary incomes 2\What specific steps have Carnival Cruise Lines taken to benefit from global social changes? : Carnival has adopted many measures as follows Institude very strict security
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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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recession is a period of negative economic growth for 2 consecutive economic quarters. In the post war period UK economic growth has been characterized by the boom and bust economic cycles. A period of growth is followed by high inflationary growth and then a downturn in the economy. However since 1992 the UK has experienced a long period of economic growth‚ the longest period of uninterrupted growth this century. It appears the UK has temporarily avoided the threat of recession‚ but although forecasts
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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 Case Study of Li & Fung – The Global Value Chain Configurator TITLE: THE CASE STUDY OF LI & FUNG LIMITED ABSTRACT: The case illustrates the business history and evolution of Li & Fung Limited‚ one of the Hong Kong’s oldest and largest trading companies. The case gives an overview of its evolution from a traditional trading company to a global export giant and a customers’ supply chain management giant. It discusses the company’s strategies to change its business models to the changing external
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Program MGT 500‚ Leading People and Organizations CASE WRITE UP # 3 MANAGING GLOBAL TEAM_GREG JAMES CASE Due March 2‚ 2015 Name: Sultan Ahmad Zarif ID #: 12552 Year: 2015 MANAGING GLOBAL TEAM_GREG JAMES CASE Case Brief Explanation This case is about how leaders should manage their global operations successfully. The case describes a crisis resulted by lack of effective leadership by Greg James who was the global manager at Sun Microsystems‚ Inc. (Sun) across India‚ UAE
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behaviour in the workplace. In fact‚ the Hawthorne studies did a lot of contributes to that. It also altered the focus of management study‚ in contrast with the classical management. This essay is trying to demonstrate that how the Hawthorne studies contribute to developing understanding about the norms of behaviour in the workplace and find out researchers’ experience of how group relationships have influenced work performance. Between 1924 and 1933‚ a series of the Hawthorne studies was conducted
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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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