1. Identify the key elements in McDonald’s global marketing strategy (GMS). In particular‚ how does McDonald’s approach the issue of standardization? Does McDonald’s think global and act local? Does it also think local and act global? McDonald’s global marketing strategy is based on combination of global and local marketing mix elements. For the first elements in McDonald’s global marketing strategy (GMS) is a vital elements in McDonald’s business model restaurants system that can be set up virtually
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accomplish organizational objectives. ➢ To classify the type of work needed and groups work into manageable work units. ➢ To assign work to individuals and delegates appropriate authority. ➢ To design a hierarchy of decision making relationship. In the educational structure various office bearers have their specific functions which promotes effective function of the structure. Positions and duties are as follows; Minister
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appropriate accounting software solution. Accounting software system seem very important that because not only to have information at fingertips‚ but also to have more accurate information. The right accounting software can help organizational grows and also provide the efficiency of control and manage the organization’s financial information. When the companies choose one accounting software system‚ the company should know the challenges that company would expect from using that accounting software
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Abraham Maslow proposed a theory called “Maslow’s hierarchy of needs”. This theory explains that every person has a hierarchy of 5 needs‚ which are physiological needs‚ safety needs‚ social needs‚ esteem needs and self-actualization needs as shown in the figure above. At the bottom of the hierarchy are the physiological needs. Physiological needs are a person’s basic needs for food‚ drink‚ sex‚ air and other physical requirements. An organizational example of physiological needs is a comfortable
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Question 1: Explain the different sources of Law in England. The legal system in the UK has expanded over many centuries and has also changed regularly during this period. The present UK law consists of four major sources that include the Interpretation of Statues (Acts of Parliament)‚ Common Law‚ European law and European Court of Human Rights. ‘These sources of Law have all one common element‚ influenced by political‚ social and technological change.’ (Open University‚ Block 1‚ Pg 89).
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Generally Accepted Auditing Standards Catherine Harris ACC491 December 15‚ 2012 Stephen Russell Generally Accepted Auditing Standards Generally Accepted Auditing Standards are set forth‚ so an auditor’s performance can be judged against something. Since 2002 and the introduction of the Sarbanes-Oxley Act auditing requirements have undergone many changes. As the times and technology change so must the profession. Generally Accepted Accounting Standards (GAAS) have 10 elements and are divided
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CHAPTER-1 Q.12) How does a fall in the value of the pound sterling affect British consumers? ANS- A fall in the value of pound sterling affects the cost of foreign goods. Q.13) How does an increase in the value of the pound sterling affect Canadian businesses? ANS-An increase in the value of pound sterling results in Canadian dollar buying more units of foreign currency‚ which in turn results in appreciation. Q.14) Looking at Figure 1-8 (page 11)‚ in what years would you have chosen
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Generally Accepted Auditing Standards Heather Sheetz Accounting 491 Julie Oldham March 28‚ 2008 Generally Accepted Auditing Standards Generally Accepted Auditing Standards or GAAS is “a set of systematic guidelines used by auditors when conducting audits on companies’ finances‚ ensuring the accuracy‚ consistency and verifiability of auditors’ actions and reports” (Lexico Publishing Group‚ 2008). The following paper will explain the elements of GAAS and how GAAS is applied to audits. GAAS
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* SONET Digital Hierarchy * Synchronous Optical Networking (SONET) is a standardized multiplexing protocol that transfers multiple digital bit streams over optical fiber using lasers or light emitting diodes (LEDs). SONET was designed by the American National Standards Institute (ANSI) for the USA public telephone network in the mid 1980’’s due to the breakup of AT&T. With the breakup‚ numerous regional telephone companies were created and those companies encountered network problems working
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Question: With the aid of specific examples‚ describe the concept of a hierarchy of biological organization. What is meant by the phrase “the whole is greater than the sum of its parts?” Answer: In an attempt to appreciate the world from a biological view of molecules‚ cells‚ and atoms; the study in which these properties build upon each other‚ called emergent properties‚ aid in understanding the human body and other life forms and the functions that nonliving matter contribute that assist
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