Rational (Synoptic) Planning Theory Meaning of Rationality What do you understand by Rationality? Making decision based on reason/logic and in pursuance of one’s best interest Good judgement 2 Evolution of the RationalComprehensive Planning Model Planning Experiments in the US during the New Deal Era: Planning re-defined as a scientific process (based on scientific techniques) and not just a design activity Based on emerging Keynesian economics Key Features of the New (Scientific) Kind of Planning:
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Accounting ; Budgets 1. Define the term Budget. A Budget is an estimate of income and expenditure over a specified period‚ reflecting a reading of future finsncial conditions and goals. It is an itemized summary of estimated or intended expenditures for a given period along with proposals for financing them. 2. Name and briefly describe six benefits that a business can gain from budgeting. The budgeting process can have a good motivational impact by involving managers
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TABLE OF CONTENT Background 3 I. Current Situation 3 Current Performance 3 Strategic Posture 3 1. Mission 3 2. Objectives 3 3. Strategies 3 4. Policies 3 II. Corporate Governance 3 Board of Directors 3 Top Management 4 Shareholders 4 III. External Environment: Opportunities and Threats (SWOT) 4 Societal Environment (P.E.S.T Factors) 4 1. Political - Legal Factors 4 2. Economic Factors 4 3. Socio-cultural Factors 4 4. Technological Factors 4 Task Environment (Industry) 4 Porter’s Approach
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accounts receivable. 6. The client has used special-purpose entities to finance a building. Neither the building nor the debt is included in the financial statements. 7. A retail client values its inventory using the retail method of accounting. 8. A construction client uses the percentage of completion method for recognizing revenues. 9. A client has a defined benefit pension plan and does not have competent employees to write footnote disclosures. 10. A client acquired
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Statement of the Problem Case 3-1 Maynard Company (B) Diane Maynard was grateful for the balance sheets that her friend prepared. In going over the numbers‚ she remarked‚ “It’s sort of surprising that cash increased by $31‚667‚ but net income was only $19‚635. Why was that?” Her friend replied‚ “A partial answer to that questionis to look at an income statement for June. I think I can find the data I need to prepare on for you.” In addition to the data given in the (A)
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more than ever. To fulfill this need the HR managers more or less have to face some constraint. Now being a contemporary issue of problems and prospects of Human Resource professions we have consider it as our topic. 1. Objective The First objective of preparing this report was to fulfill the course requirement. The other objective was to identify the problems and prospects of Human Resource professions. 2. Limitations During preparing this report there were time‚ cost and resource
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1.1 Introduction about the Foreign Direct Investment (FDI) As per the current regulatory regime‚ retail trading (except under single-brand product retailing — FDI up to 51 per cent‚ under the Government route) is prohibited in India. Simply put‚ for a company to be able to get foreign funding‚ products sold bit to the general public should only be of a single-brand‘; this condition being in addition to a few other conditions to be adhered to. India being a signatory to World Trade Organization’s
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Exam Chapter 1-5 Name 1) Managers usemanagement accounting information to A) implement C) communicate strategy. B) choose D) All of these answers are correct. 2) Place the four business functions in the order they appear along the value chain: Customer service Design Marketing Production A) Design‚ Production‚ Marketing‚ Customer Service B) Customer Service‚ Design‚ Production‚ Marketing C) Design‚ Customer Service‚ Production‚ Marketing D) Customer Service‚ Marketing
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Properly chosen nonfinancial measures anticipate and explain financial results. a. True b. False 11. A support department‚ such as human resources‚ should be evaluated as a revenue center. a. True b. False 12. A major problem faced by cost centers is assigning jointly earned revenues. a. True b. False 13. A profit center is like an independent business. a. True b. False 14. The performance measures chosen should influence the employees’ decision-making
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Comprehensive 1 1. 1.ID: 310949498 A male client who lives in an area endemic with Lyme disease asks the nurse what to do if he thinks he may have been exposed. Which response should the nurse provide? A. Cover the ticks with oil to suffocate and kill them to prevent transmission. B. Look for early signs of a lesion that increases in size with a red border‚ clear center. Correct C. See a healthcare provider if nausea‚ vomiting‚ and joint pain occur after a tick bite. D. Obtain early treatment
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