Week One DQ 1 Consider how an organization must manage cash‚ receivables‚ and inventory. Which of the three variables is the most important to manage? Is one more susceptible to fraud and errors than the others? Explain your answer. How would a misstatement in each affect the organization? Cash is the most important to manage‚ because it is what keeps the company going. According to Kieso‚ Weygandt‚ and Warfield (2007)‚ cash is the asset most susceptible to improper diversion and use
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Chapter 9: Organizational Structure and Design 9.1 Designing Organizational Structure Discuss the traditional and contemporary views of work specialization‚ chain of command‚ and span of control. Describe each of the five forms of departmentalization. Differentiate authority‚ responsibility and unity of command. Explain how centralization/decentralization and formalization are used in organizational design. Work specialization: dividing work activities into separate job task whereby individual
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Question 1 2 / 2 pts When we say why we say "money has time value‚" we mean:<br> When we say why we say "money has time value‚" we mean: It takes time to make money Time is money Correct! Money to be received or paid at one time is not of the same value as money to be received or paid at another time A dollar to be paid today is worth less than a dollar to be paid next week Question 2 0 / 2 pts It is important for managers to be familiar with time value of money concepts because:<br>
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Consider the situation where you are working under contract for another organization. If you are given a set of project specifications (detailed requirements)‚ to what degree should you attempt to understand the needs behind these requirements before or after starting the project? Ultimately I want my project to be a success. I want to run the project the client wants and drive to the business solution the client needs. In order to do that well‚ I think it’s very important to understand the needs
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Waits and Sons is a landscaping business operating as a family business since 2007 (Waits‚ 2012). Matt Waits has been the contracted landscaper for the residence at 411 N Wayman Street for the past three years. In a recent interview‚ Waits answered the following questions: • How and when would you determine the need to create a job position within your business? As contracts are signed and the demands for more maintenance visits grow‚ we will be looking to fill new positions. In fact‚ we are
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Individual Work Week 1 – Part 1 Organizational Behavior – 1M Michelle Colbath Everest University Individual Work Week 1 – Part 1 Identify which of the focus organizations you would most like to work for. Explain your reasoning. Conduct Internet research on that organization and describe it from the perspective of the four components that make up the systems framework (tasks‚ people‚ technology‚ and structure). Groupon is the focus organization I would most like to work for. Its mission
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Employment and Labor Law Employment and Labor law initially arose out of protection for employee as a result of the outcomes being one-sided towards employers. There are four categories dealing with employment law. The most famous of these is the Employment at Will which is also known as the Law of Wrongful discharge to many. Pay and Benefits is another category to be mindful of when thinking in terms of Labor Law‚ this category also includes safety and privacy issues for the employee. The
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Employment law in United State Literature Review Employment law evolved from contract law and master-servant law to deal with the unique problems characterizing the modern employment relationship. The first task is to determine the difference between a firm’s relationships with an outside contractor selling services and second its relationship with an employee. The difference not only affects the area of law that regulates the relationship‚ but it also affects the relevant tax law. In the United
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Jeffry Reed In a global economy‚ what is the impact to a business if a country enacts strict employment laws? If a country enacts strict employment laws‚ the scope of impact can be favorable to everyone involved or can be detrimental to business operations. For example‚ suppose there are two organizations competing in the marketplace; Company A and Company B. Company A has an excellent business plan with efficient operational procedures that allow them to be competitive while providing generous
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of Brown claim would be that the employer failed to eliminate bullying which in turn terminated the employment relationship. The test that would need to be applied to this circumstance regarding constructive dismissal is whether the conditions or in this case the conduct of the supervisor is such that a reasonable person in the same circumstance would not be able to persevere in the employment‚ given that Carding was in a manager position and Brown had made many mistakes the question remains
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