Accounting 350 Name Quiz #5‚ Winter 2010‚ Chpts 9 & 10 1. Oslo Corporation has two products in its ending inventory‚ each accounted for at the lower of cost or market. A profit margin of 30% on selling price is considered normal for each product. Specific data with respect to each product follows: Product #1 Product #2 Historical cost $40.00 $ 70.00 Replacement cost 45.00 54.00 Estimated cost to dispose 10.00 26.00 Estimated selling price 80.00 130.00 In pricing its ending inventory
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Team Leadership Memo As of recently the company has decided to add a department to help the company’s strategic plan to enter a particular market segment. My manager has informed me that I will be leading a team in the new department that has already been assembled consisting of (names). For our team to be successful‚ we have to accomplish efficiently the goals set by the company. I have developed a strategy on how to lead this team based on our diverse group of women. I believe with our different
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Team Leaders need to allocate roles to team members in such a way that the roles are coordinated to achieve the team’s goals and that team members take responsibility for their individual roles. Allocating appropriate roles and coordinating these roles can lead to increased morale and motivation. Allocating roles to Team Members: There are a number of factors that team leaders need to consider when allocating roles to ensure that the team is effectively meeting its goals. Team leaders need
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The foremost difference lies in the intangibles: creativity‚ commitment‚ firmness‚ determination‚ a passion to win and excel‚ along with leadership and team building skills. These are the skills that were exhibited by Bhuvan throughout the conquest of the dream. When Bhuvan was challenged to a cricket match‚ it is witnessed that every other person was against the challenge and wanted to back off. Even after having Bhuvan accepted the challenge‚ the villagers at first wanted to plea the King to ensure
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than likely to find themselves being placed into teams. Members of teams are called upon to play certain roles on the teams they belong. These roles‚ when performed properly go a long way to ensure the success of their teams. According to The Teaching and Learning with Technology Unit of the Information Technology Services of Penn State Schreyer’s website (2007)‚ within teams a number of roles can be implemented or used depending on the type of team being assembled‚ but on a majority of them one
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his team roles concept. The team roles identified by Belbin are based on certain patterns of behaviour that people exhibit within teams. These patterns of behaviour can potentially have an impact on the performance of the team. The basic premise of the Belbin team roles theory is quite simple. When individuals become aware of their own strengths and abilities‚ and understand the role that he or she is capable of playing within a team‚ it helps them to deal better with the demands of the team environment
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UNIVERSITY OF ECONOMICS IN BRATISLAVA‚ INTERNATIONAL MANAGEMENT MEASURING OF TEAM WORK EFFECTIVENESS (FINAL PROJECT) Subject: Organizational Behavior Students: Katarína Hodásová‚ Nela Jakubisová‚ Peter Hudák‚ Sandra Kadlečíková‚ Zuzana Daneková BACKGROUND FACTORS About the company With more than 380‚000 customers—including 100 of the Fortune 100—and with deployments across a wide variety of industries in more than 145 countries around the globe‚ Oracle offers an optimized and fully
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THE SHIPPING INDUSTRY ACCOUNTING TEAM Summary: Sarah (the name given by us) has been working in McKay‚ Sanderson‚ and Smith Associates a mid-sized accounting team located in Boston that is specialized in commercial accounting and audits for past five years. Her specialty is accounting practices for shipping companies‚ ranging from small to certain big fleets along east coast. About two months ago her company merged with another two other accounting firms which has offices in Miami‚ Seattle‚ Baton
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exposure. Cost Principle: The accounting principle that goods and services purchased should be recorded at their historical cost and not at their current market value. Holds that the accounting records should continue reporting the historical cost of an asset over its useful life. Hold that fair market value should not be used over actual costs. States transactions should be recorded at the price that was paid. Reason why accountant should not write-up the value of equipment due to
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| The Forgotten Team Member | Case Study Analysis | Amy Heuston 9/21/2012 MGMT 591- Leadership and Organizational BehaviorProfessor Plumley | The Forgotten Team member is a excellent example of team development as well as developing leadership skills. Christine is faced with a group member Mike whose personality fits well with the teams but because of time commitments‚ does not feel included in the overall team atmosphere. This causes him to not contribute as much‚ which was not beneficial
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