CHAPTER 16: FINANCIAL PLANNING AND FORECASTING 1. The first‚ and most critical‚ step in constructing a set of forecasted financial statements is the sales forecast. a. True b. False ANSWER: True 2. A typical sales forecast‚ though concerned with future events‚ will usually be based on recent historical trends and events as well as on forecasts of economic prospects. a. True b. False ANSWER: True 3. Errors in the sales forecast can be offset by similar errors in costs and income forecasts
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Chapter 1 online quiz Question 1 1 out of 1 points Clichés help simplify the issue and get to the heart of the matter that is to be critically analyzed. Answer Selected Answer: FALSE Response Feedback: Clichés are actually barriers to critical thinking. Question 2 1 out of 1 points Critical thinking skills have been found to help us Answer Selected Answer: All these answers are correct. Answer Feedback: Critical thinking skills are transferable across disciplines;
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Abigail Sullivan Mr. Petze WHAP D 24 December 2014 Chapter 16: Transformations in Europe 15501750 A.D. 1.) Describe what happened during the Protestant Reformation. Include a discussion of Martin Luther. The Protestant Reformation was caused due to a man named Martin Luther not agreeing with Pope Leo’s new technique in the Protestant church. Pope Leo was creating a new technique called “indulgences” that would raise funds for the basilica. “Indulgences” woul
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Chapter 5 Notes Three general reasons for holding onto cash: 1. managing transaction needs 2. preparing for cash emergencies 3. making a temporary investment -very conservative advice suggest you should have enough liquid assets to cover 5 to 8 months of regular expenses -others suggest 2 months is more than enough Four rules to help better cash management outcomes: 1. keep track of your cash by balancing your checkbook every month 2. develop a system to ensure that
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ONLINE ASSIGNMENT 2. 1. Read Articles "Deep Change" and "Services revolution". It should help you with the task below. 2. Pick two companies competing in the same industry (e.g.‚ retail stores‚ auto companies‚ catalog sales‚ hospitals‚ banks‚ pharmaceutical companies‚ etc.) and compare their operating strategies (similarity and differences) along categories listed below. Feel free to use tabular format. Company A Company B Cost Quality: -top quality -consistency Time: -delivery speed -on
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Chapter 3 Notes Important People ● Eliza Lucas became the first person in the colonies to grow Indigo and developed a way of extracting its deep blue dye. She hoped that her Indigo crops would add not only to her family but to the British empire. ● Sir Edmund Andros ruler of New England a veteran military officer from an aristocratic English family ● James II consolidated the Northern colonies into the Dominion of New England in 1686 ● William and Mary succeeded James II after the glorious revolution of 1688
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Chapter 5: DISCIPLINE 1. Definition. a. According to the dictionary‚ discipline is: 1. Training that is expected to produce a specific character or pattern of behavior‚ especially training that produces moral or mental improvement. 2. Controlled behavior resulting from disciplinary training. 3. A systematic method to obtain obedience. 4. A state of order based upon submission to rules and authority. 5. To train by instruction and control. b. Discipline is a learned behavior. It is much more than
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Chapter 5: Internal Scanning: Organizational Analysis 5.1 A Resource-Based Approach to Organizational Analysis Analysts must also look within the corporation itself to identify internal strategic factors—critical strengths and weaknesses that are likely to determine whether a firm will be able to take advantages of opportunities while avoiding threats Core and Distinctive Competencies Types of resources Tangible Assets- plant‚ equipment‚ finances‚ and location Human Assets- number of
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show biblical scenes. However‚ the impacts of their paintings are quite different due to the use of light. Although both works of art have a religious influence and were painted during the baroque period‚ they differ in the way light is used to highlight different aspects of the paintings. Rembrandt’s use of light portrays a sense of reserve and ambience. On the other hand‚ Caravaggio’s harsh use of light puts a spotlight on the characters and creates a dramatic tone for the painting. Living in the northern
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get generalized. Now in The Angel and The Sword by Cecelia Holland and in The Squire’s Tale by Gerald Morris a quest is used to develop characters who would otherwise not be noted in these novels. The quests highlight the strengths and weaknesses of each character and how the characters develop into strong people. The Angel and the Sword is a fictional novel about a young princess finding her way to freedom from the people she had once trusted. The novel describes how she puts her kingdom before
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