organization to deploy resources into new opportunities. Strategic management is important for Chartered Accountants‚ CEO‚ Directors‚ Managing Directors‚ Strategy Planners‚ Students and Faculty Members of BBM‚ MBA‚ M.Com‚ PGDM‚ PGDBM‚ PGDHRM‚ ICFAI and competitive examinations in India and abroad. I invite suggestions from one and all for improvements in next edition of this book. Many individuals have rendered their helping hand to me. I take this opportunity to thank all of them. I thank Dr. D.M.
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Opportunities at Aramco: There are many opportunities in Aramco for engineer and business majors. For example‚ they look for chemicals‚ electrical‚ mechanical and drilling engineer because all these major help the company for its productions. Although business major such as finance‚ marketing and management information system‚ can help with organizing the seasons of marketing and the record of the market. Saudi Aramco is a big company‚ which required high skill‚ and they afford local and overseas
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Jones and Shepard Accountants‚ Inc. In 2001‚ Jones and Shepard Accountants‚ Inc. (J&S) was ranked eighteenth in size by the American Association of Accountants. In order to compete with the larger firms‚ J&S formed an Information Services Division designed primarily for studies and analyses. By 2005‚ the Information Services Division (ISD) had fifteen employees. In 2006‚ the ISD upgraded its computer network and purchased state-of-the-art software. With this increased capacity‚ J&S expanded
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Opportunity of a lifetime The metaphor‚ “When one door closes‚ another opens” is a famous quote by Alexander Graham Bell. When one door closes‚ this finishes the chapter of one aspect of their life. When another door opens‚ becomes an opportunity to start something new. An alternative metaphor that I’ve chosen is “If an opportunity doesn’t knock‚ build a door” presents as an opportunity waiting to happen. But one must work hard for the opportunity and should not expect the reward to happen easily
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Luck or Opportunity Oprah Winfrey once stated in an interview “luck is a matter of preparation meeting opportunity”. With that said‚ I do believe it is true. There are some instances that in the past if the opportunity and the preparation didn’t happen then the luck never would have happen. There are examples I would like to mention to show that if it wasn’t for the opportunity then the luck never would have. Christopher Columbus was credited with discovering the new world .If not for the
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Challenge or Opportunity Statement People are‚ undoubtedly the best resources of an organization. Sourcing the best people from the industry has become the top most priority of the organizations today. In such a competitive scenario‚ talent management has become the key strategy to identify and filling the skill gap in a company by recruiting the high-worth individuals from the industry. It is a never-ending process that starts from targeting people. The process regulates the entry and exit of talented
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public confidence in the global auditing and assurance professions. They are dealing with auditing‚ review‚ other assurance‚ quality control‚ and related services. The International standards on auditing are issued by the International federation of accountants which then is through the International auditing and assurance standards board. It is their performance of the financial audit to gather the financial information. B. The due process is to ensure that the views of the standards and guidance are
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Opportunity Cost Scarcity of resources is one of the more basic concepts of economics. Scarcity necessitates trade-offs‚ and trade-offs result in an opportunity cost. While the cost of a good or service often is thought of in monetary terms‚ the opportunity cost of a decision is based on what must be given up (the next best alternative) as a result of the decision. Any decision that involves a choice between two or more options has an opportunity cost. Opportunity cost contrasts to accounting
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Opportunity may mean little to some‚ however for others it can mean everything. The opportunity to live a new life‚ the opportunity to thrive‚ or the opportunity to survive. An Opportunity is can be a door to something better; a chance at something of value. For many people in life an opportunity is all that they are searching for‚ and it is often a key part of their success. Countless people join the military or pursue a career with no guarantees of success‚ but the chance to better themselves or
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THE ROLE OF AN ACCOUNTANT IN THE IMPLEMENTATION OF IFRS It is often said that an organization without an accountant is not a serious organization as it has no credibility. This is because the accountant is seen as the financial “gatekeeper” whose presence within an establishment underlines a commitment to sound financial principles and good business values. It is known that almost all aspect of human activities have undergone changes globally as a result of improvements in hi-tech Information and
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