Chapter 1 Lecture Notes Chapter theme: This chapter explains why managerial accounting is important to the future careers of all business students. It answers three questions: (1) What is managerial accounting? (2) Why does managerial accounting matter to your career? and (3) What skills do managers need to succeed? It also discusses the importance of ethics in business and corporate social responsibility. I. What is managerial accounting? A. Examine the difference
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The definition of "ethics" according to Nelson and Trevino is "the principles‚ norms‚ and standards of conduct governing an individual or group" (p. 13). The success of any group‚ whether a community‚ business organization‚ or family unit depends on the development of a set of agreed upon ethics or rules of behavior. Sharing ethical standards fosters cohesion in groups and allows a harmonious work and living environment. Human civilization was built on the development of ethical standards and the
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ideas widens your focus (resist the temptation to settle for a few familiar ideas). Evaluating narrows your focus. Sort the ideas‚ identify the most reasonable ones. Why critical thinking is important Success in work depends on thinking skills. It isn’t enough to possess knowledge but you must be able to apply information to your job. Critical thinking is a reliable way of searching for the truth. Facts and Opinions Facts are realities; opinions are beliefs or judgments. Opinions
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the information superhighway.’ <br> <br>It seems as though many of America’s students are unaware of the importance of communication and literacy. Clear and effective language use is a most important and practical utility; it is the vehicle we use to convey information. An ’information superhighway’ without vehicles is futile. Without effective language utilization‚ it is impossible to convey thoughts‚ emotions‚ and feelings. Students must have the capacity to absorb and convey information to‚ at
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they choose to work for the company for at least two years (Noe‚ Hollenbeck‚ Gerhart‚ & Wright‚ 2014). This method helped Mr. Christian retain his employees and his customers were both satisfied and loyal (Noe‚ et al.‚ 2014). There are many reasons why employee development programs are essential and benefit all persons involved. Review/Analysis of the Case 1. When a company spends money on employee development‚ who should receive the benefit – investors‚ customers‚ employees‚ or someone else? What
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University of Phoenix Material How Films Communicate Complete Part I in your first week of class. In Week Two‚ complete Parts II and III after viewing a film of your own selection from the How Films Communicate Film List located under your Week One materials. Submit Parts I‚ II‚ and III in Week Two. Part I: Beginning to Analyze Film To compete Part I‚ choose a movie you have viewed in the past (this does not have to be from the How Films Communicate Film List ). In the following table‚ enter
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Why is Leadership Style Important? By John Cronkite Ed.D. www.dirigoconsulting.com A Few Reminders from Last Month: One of the most significant strengths of an effective leader is the ability to create a positive work climate. In an outstanding organizational climate‚ people are energized to do their best work‚ free of unnecessary distractions. Climates that energize workers to produce their very best can improve results by as much as 30 percent. What’s New This Month: Up to 70 percent of an employee’s
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OCR AS Level Ethics Genetic engineering Example of part (b) question (b) “Genetic engineering is ethically justified.” Discuss [10] Since the development of genetic engineering in the 1970s‚ scholars have questioned its ethical justification‚ claiming that it was playing God’ and was unnatural. Others claimed that humans have always altered their environment to benefit themselves. An example is that of genetically modified crops which some people believe can be justified for a number
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PE 1 Why PE Is Important For Students PED 212 Carrie Phillips June 29‚ 2011 PE 2 Why PE Is Important for students Physical education is an important part in our elementary schools. This type of movement can help kids perform better academically‚ boost brainpower‚ give them a lifetime fitness goal‚ can help with childhood obesity‚ and help them to have better health habits in the future. Physical education may be the only exercise a child gets and if we take that away
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How Legally Blonde Subverts the Female Stereotype At a first glance‚ Legally Blonde seems like a stereotypical chick flick‚ with millions of female stereotypes abounding the first 20 minutes and beyond. However‚ when you look deeper‚ at the underlying themes and messages‚ you begin to realize that there is something different about this movie. In most movies we see two basic types of females‚ with other sub-branches: the traditional‚ ditzy‚ feminine woman (Type 1)‚ or the “I’m not like other women”
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