the Money Measurement concept‚the following will be recorded in the books of accounts a) Quality Control in Business b) Commission Payable to salesmen c) Extra profits made due to introduction of Budgetory Control System d) All of these. 3) A provision is a a) General Reserve b) pecific Reserve c) Capital Reserve d) None of these. 4) Market value of Investments is shown as a Footnote to Balancesheet as per a) Consistency concept b) Disclosure concept c) Materiality concept d) Going Concern 5) Which
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A Home on the Field: To Understand “Any fool can know. The point is to understand.” (Albert Einstein) The attitude towards immigration has been at odds in the United States for quite some time now. It is an issue that has been on the rise as one of the most discussed topics today in our nation’s society and brought to the forefront of public policy. For many experts‚ the defined way of describing the topic is believed as an “action of coming and settling into a country or region where one is
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CONCEPT OF COMMUNICATION Communication is sharing our feelings‚ ideas and opinions with others. This can be intellectual‚ personal‚ spoken or written in nature. We live in groups and man is invariably a social animal. As the social needs insist that we share our thoughts with others. This can be called communication. It is a two-way process. In spoken communication‚ we have speakers and listeners who send and receive verbal messages from each other. In written communication‚ we have writers and
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The marketing management philosophy that holds that achieving organizational goals depends on determining the needs and wants of target markets and delivering the desired satisfactions more effectively and efficiently than competitors do. The Selling Concept. This is another common business orientation. It holds that consumers and businesses‚ if left alone‚ will ordinarily not buy enough of the selling company’s products. The organization must‚ therefore‚ undertake an aggressive selling
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1) Introduction This report is produced to study the importance of aligning Project Management with Business Strategy and Strategic Business Process. Fundamentally‚ all Project Managers must have full comprehension of the bigger picture of an organization Business Strategy and its functional level game plan. This would help them with project operational level decision making as well alignment of projects alignment with corporate mission. . The report will be giving general analysis of inter relevance
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Entrepreneurial Process Inez Williams-Jones Entrepreneurship in Health Care HCS/567 May 11‚ 2015 Professor Stephanie Holcomb Entrepreneurial Process The embodiment and empowerment of the entrepreneurial process is the beginning of a new venture. An entrepreneur must evaluate‚ and develop opportunities by overcoming the forces of resistance to the construction of a new venture‚ as well as the components of the process being meaningful from individual and corporate perspective
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Q1. Discuss and define the concept of ‘entrepreneurship’. The entrepreneur is our visionary‚ the creator in each of us. We’re born with that quality and it defines our lives as we respond to what we see‚ hear‚ feel‚ and experience. It is developed‚ nurtured‚ and given space to flourish or is squelched‚ thwarted‚ without air or stimulation‚ and dies. Michael Gerber The term ’entrepreneur’ has been around since the seventeenth-century‚ it originates from France‚ where the phrase “entreprendre” was
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anning MODULE 8: THE CONCEPT OF STRATEGY Structure Plans: A Plan is a goal-directed system of action. It specifies the actions which must be taken and the sequence in which must taken and the sequence in which they must occur in order to achieve some future objective. Basic to all planning is the generic need which the company will seek to satisfy‚ i.e.‚ its mission. This is clearly a top-management decision and one which cannot easily be altered one firm management has decided to commit
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Understand the Business of Retail Outcome 1 A. List the different retail channels and state the main features of each one. Retail Channel | Benefits/Features | Shops | * Lots of choice * Discounts * Sales | Internet | * Free delivery * Quicker * Buy from home * 24 hour delivery * Sales * Register for offers | Warehouse | * Professional products * VAT free days | Catalogues | * Pay weekly or monthly * Order from your home | Salon | * Professional
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Venture Concept Geri Rowland University of Phoenix FIN/375 Kent Moser December 24‚ 2012 Venture Concept Venture concept is business idea individual search to venture to profit big. New business idea takes more than just launching the new idea in hope its target consumer accept and support it and call it a success. Venturing out new business idea is a high risks to take because no one knows for sure if the targeted consumer will accept the new business idea; therefore planning for success
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