Chapter 1 & 2 Summary Accounting is a process of identifying‚ measuring‚ and communicating economic information to permit informed judgments and decisions by users of the information. It is a service activity and the language of business. Its main function is to provide qualitative information that is intended to be useful in making economic decisions. The Accounting process is a series of repetitive activities of recording‚ summarizing and reporting economic transactions from the beginning
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ANALYSIS OF BENCHMARKING SUPPLY CHAIN PRACTICES IN FMCG INDUSTRY INTRODUCTION FMCG sector in India is one of the largest sector in the Indian economy with annual revenues of Rs. 72000 crores. There is still a huge scope for companies to cut down their costs. The penetration level of companies is still relatively low and several categories are fairly unbranded. We can say that companies can still bring up more brands to cover up this several categories. As India is a developing country the prices
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1. Define a customer-centric web site design‚ explain why it is so important‚ yet so difficult to accomplish (15 points) Customer-centric web site design‚ are websites that when design they are focused towards the customer. This type of web sites make sure they meet all customer needs‚ it’s like stepping into a website where you can find what you want without any hustle. As our book explains a customer-centric website has to follow certain guidelines‚ a few of them are: “Design the site around
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Q.: 1: The manuscript for this book was typed for free by a friend. Had I hired a secretary to do the same job‚ GDP would have been higher‚ even though the amount of output would have been identical. Why is this? Does this make sense? A.: 1: If a secretary were hired to type the manuscript‚ they would have had the opportunity to provide a service at a price. We know that each good and service produced and brought to market has a price. That price serves as a measure of value for calculating total
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There was a frequent use of paintings and sculptures showing naked bodies as prototypes for tableaux vivants. Nakedness was usually not allowed on stage‚ but an exception was made in certain cities‚ for instance in New York‚ for suchlike in the tableaux vivants (McCullough 1983). There are‚ however‚ important differences between a naked body in a static pose and moving on stage. The view of a naked body in a painting‚ a sculpture or a tableau vivant provides information about both the surface and
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Question One: What are the potential investment risks involved with interest rate securities? Interest rate securities can be traded on the ASX‚ e.g. floating rate notes‚ convertible notes‚ and hybrid debt securities. This type of security is a form of bond which pays a coupon payment‚ either fixed or floating‚ plus it pays the face value upon maturity. The main risk associated with these securities is that the coupon payment (cash flow) is fixed for the life of the security unless it is a
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Select and complete one of the following assignments: Option 1: Reusability of Code Option 2: Transforming Data Into Information Option 1: Reusability of Code Designing and coding a procedure‚ module‚ or object can be complex and time consuming. Once these elements of a computer program are working correctly‚ it makes sense to use the code as often as practical. Code reusability has become a valuable part of adding efficiency to computer programming. Write a 2- to 3-page paper that
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1. In 2009‚ the imaginary nation of Florastan had a population of 8‚044 and real GDP of 36‚198‚000. In 2010 it had a population of 7‚800 and real GDP of 35‚880‚000. What was the growth rate of real GDP per person in Florastan between 2009 and 2010? a. -2.2 percent b. -0.7 percent c. 2.2 percent d. 4.5 percent 2. Which of the following statements is true? a. Productivity is calculated as hours worked divided by output produced. b. Americans have a higher standard of living than Indonesians because
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References: Bluen‚ S. 1987. Industrial Relations: Approaches and Ideologies. In Barling‚ J.F.‚ Fullagar‚ C. & Bluen‚ S. (Eds.). Behaviour in Organizations: South African Perspectives. (2nd ed.). Johannesburg: Lexicon. Interview: Why me? Raymond Ackerman.
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Corrections Purpose and History Introduction The history of punishment is a unique one‚ since the dawn of man human kind has punished one another. Man did not merely throw someone in a chamber and let them contemplate their crimes such as we do in today’s society; rather‚ during those early times‚ punishment was harsh and swift. Criminals were not drawn through the litigation processes; instead‚ they were found immediately guilty of a crime and brought forth to be punished in an open forum‚ serving
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