Case 4: Aaron Jones‚ CPA‚ is auditing the current year’s financial statements of Low Company‚ a publicly traded company. Aaron notices some major fluctuations in Low’s fourth quarter of the previous year’s financial statement balances. He is aware that security holders of publicly traded company stock that does not separately report fourth quarter results often “impute” such results by subtracting data based on third quarter interim balances from the year-end balances. Thus‚ companies should report
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• 1 - exhibit the strongest performance • 2 - stable and capable of withstanding business fluctuations; supervisory response is informal and limited • 3 - weaknesses in one or more of the components; requires formal or informal enforcement actions • 4 - unsafe practices or conditions; close supervisory attention and intervention is required; failure is possible • 5 - exhibit a critically deficient performance; immediate intervention; failure is highly probable Source: www.fdic.gov During the financial
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Questions for Jet Blue Case (Case #4) 1. Research on the history of Jet Blue (operational and performance highlights/lowlights/milestones from 2000 to present) a. Identify the “strategic service vision“ of Jet Blue‚ i.e.‚ target market‚ service concept‚ operating strategy‚ and service delivery system. Did their operating strategy and delivery system support the needs of their target market? b. From the research facts‚ did the owners/management of Jet Blue strictly adhere to their strategic service
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Chapter 4 Discussion Questions 1. What specifically would the experience of living and working in another country contribute to your skills and effectiveness as a manager in your own country? 2. What might be some long-term ramifications of the war in Iraq for U.S. managers and companies operating internationally? 3. What do you think is your strongest component of cultural intelligence? Your weakest? How would you go about shoring up your weaknesses? 4. What steps could a company
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How much more? A: Yes‚ I would be willing to pay more for produces made by a socially responisble company. I would pay only so much more‚ I wouldnt pay double the amount but I would spend the extra amount of money. I could be flexiable with the price. 4. What influences ethical decision making? A: Values which are deeply held‚ constantly beliefs about what is god and right. Mortality which is behaviors and beliefs on what is good and rights. Ethics which are moral phiosophy‚ reasoning. Law which is
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Products) You can’t develop products and then try to sell them to a mass market. You have to study consumer wants and needs and then attract consumers one by one with something each one wants. Author of the movie Field of Dreams‚ J.P. Cancilla may have exclusive rights to the phrase "build it and they will come". In most cases‚ you have to find out what people want and then "build" it for them‚ their way. Cost to satisfy (vs. Price) You have to realize that price - measured in dollars -
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Rent Expense 18‚000 Debit Depreciation Expense 15‚000 Credit C. Finley‚ Drawing 96‚000 | | | | Debit Income Summary 96‚000 Credit Wages Expense 63‚000 Credit Rent Expense 18‚000 Credit Depreciation Expense 15‚000 | | | | | 4. | Question : | A fiscal year | | | Student Answer: | | ordinarily begins on the first day of a month and ends on the last day of the following twelfth month | | | | for a business is determined by the federal government | | | |
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their customers want. Pastry Couture understands that its customers want value for money but do not want to compromise on quality. Some of the potential competitors of the company are the following: 1. The French baker 2. Red ribbon 3. Country style 4. Goldilocks bakeshop 5. Cakes R Us 6. Cupcakes by Sonja 7. Megamelt Bakeshop 8. Salazar Bakery 9. Muhlach Ensaymada C. Market Segmentation Market segmentation refers to the process of dividing prospective buyers into groups that have common needs will
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Harvard Business School 9-597-063 Rev. November 14‚ 1997 DO Computron‚ Inc. (1996) In July 1996‚ Thomas Zimmermann‚ manager of the European Sales Division of Computron‚ was trying to decide what price to submit on his bid to sell a Computron 1000X digital computer to Kšnig & Cie.‚ AG‚ GermanyÕs largest chemical company. If Zimmermann followed ComputronÕs standard pricing policy of adding a 33 1 3 % markup to factory costs and then including transportation costs and import duty‚ his bid would
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Three Fundamental Areas of Law 1. Dispute Prevention What is dispute prevention? Dispute prevention is preventing disputes before they arise. It is extremely important to try to prevent disputes before they occur. Why? Because it saves valuable time and money if you have a dispute prevention plan that minimizes the risk of problems. Can you name an example of a method of dispute prevention? A syllabus is a great example of one such method that you as a student are familiar with. How is a syllabus
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