Accounting is one of the five business disciplines that we have talked about in business 101 and I think that is the major that I am going to pursue. “Accounting is the measurement‚ statement‚ or provision of assurance about financial information primarily used by lenders‚ managers‚ investors‚ tax authorities and other decision makers to make resource allocation decisions between and within companies‚ organizations‚ and public agencies” (Wikipedia). Accounting is a key business discipline underpinning
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and total liabilities of $1‚200‚000. The owner originally invested $200‚000 in the business‚ but has not made any further investments or taken any withdrawals. What is the first year ’s net income for Matlocke Company? A) $ 600‚000. B) $ 800‚000. C) $1‚000‚000. D) $3‚000‚000. E) $3‚200‚000. 3. Annie ’s Attic has the following account balances for the dates given: Cash‚ Sept 1 $40‚000 Cash‚ Sept 30 60‚000 Accounts receivable‚ Sept 1 10‚000 Accounts receivable‚ Sept 30
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ASSIGNMENT ON PRINCIPLES AND PRACTICE OF MANAGEMENT Topic : SCHOOLS OF MANAGEMENT THOUGHTS Submitted By : sani I MBA‚ Mangalore University Submitted To : Mr. Manjunath Naik
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Principles of Inventory Management MBA/550 September 02‚ 2006 Introduction The purpose for this paper is to identify two principles of inventory management. An explanation on how inventory management affects a businesses cash conversion cycle and cost of goods will be covered. Next‚ supply chain components as they relate to the week four simulations will be discussed. Lastly‚ an explanation of the bottleneck theory will be given along with two solutions on how to resolve the bottleneck
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part of an activity rather than the entire activity II. Departmentalization It is the basis by which jobs are grouped together. For instance every organization has its own specific way of classifying and grouping work activities. There are five common forms of departmentalization: I. Functional Departmentalization. As shown it groups jobs by functions performed. It can be used in all kinds of organizations; it depends on the goals each of them wants to achieve. Example of Functional
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CASH MANAGEMENT PRACTICES IN INDIA Cash management refers to a broad area of finance involving the collection‚ handling‚ and usage of cash. It involves assessing market liquidity‚ cash flow‚ and investments. Cash management‚ or treasury management‚ is a Marketing term for certain services related to
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NA 220 /CAA 220 FIRST B.COM. BUSINESS MANAGEMENT - MAY/JUNE-2008 1. What are the contributions of Neo-classical theories to the evolution of Management? ANS: The neo classicists focused on the human aspect of industry. They modified the classical theory by emphasizing the fact that organization is a social system and the human factor is the most important element within it. They conducted some experiments (known as Hawthorne Experiments) and investigated
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are in the business of “borrowing short and lending long.” For example‚ if the loans have an interest rate of 10% per year‚ the bank earns $9 in income from its loans over the year. If the $100 of checkable deposits is in a NOW account with a 5% interest rate and it costs another $3 per year to service the account‚ the cost per year of these deposits is $8. The bank’s profit on the new deposits is then $1 per year (a 1% return on assets). General Principles of Bank Management The decisions
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Management Information Systems: Technology Management Management as defined by Mary Follett is “the art of getting things done through people” A manger is defined as a person who achieves the organization’s goals by motivating others to perform – not by performing himself. Whether management is an art or a science is a very subjective question. But it can be said without doubt that modern management in the environment of technology is becoming more of a science than an art. We define management
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Capture. Deliver. Excel. Applying the Principles of Business Writing Ilja van Roon / Lucid Communication © 2006 Ilja van Roon/Lucid Communication All rights reserved including the right of reproduction in whole or in part in any form This book can be downloaded for free at www.capturedeliverexcel.com. Written and edited by Ilja van Roon‚ Lucid Communication (www.lucidcommunication.nl) Proofread by Mark Biss‚ WordsRU (www.wordsru.com) Designed by Made of Man visual identity (www.madeofman
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