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Introduction The Sporty One is a division of CARDWARE Inc. and consists of ten stores selling sportswear. CARDWARE wants the salespeople at The Sporty One stores to be appropriate to its brand. Therefore, the company looked for an energetic, athletic, and youthful employee, preferably with experience in marketing or retail...
In most organizations, the workforce usually includes people from various ethnicities and from different countries. On the other hand, the professionals should not use their diversity as an excuse for poor performance. The business environment in which organizations operate today is rapidly changing and thus there is a need for...
Introduction In early 1988, Friendly Cards Inc. based in Reading, Connecticut confronted three decisions that promised to impact operating costs, revenue growth and equity position. In the main, however, all three decisions also needed to take into account explicit warnings about the steadily-worsening debt-to-equity position of the company. That same...
âBeautiful legs by Postâ is a business plan prepared by an American named Elizabeth Preis and a Briton named Dickson Addis. The business plan was mainly written to aid in raising the initial capital for running a business of selling tights to the rising number of professional women all over...
Systems thinking is a critical guiding principle for an organization to comprehend the various potential vulnerabilities and challenges. Notably, the systems thinking approach will act as a guiding standpoint for A&B Company, an organization involved in selling fruits and vegetables. It will serve as a critical roadmap to developing an...
This presentation explores management fraud which is an issue that all of us should be wary of. Recent happenings in which accounting schemes and Ponzi schemes have left many unhappy due to heavy financial losses are only indicative of how weighty management fraud is. In this presentation, management fraud will...
History of Warburg Pincus In 1939, Warburg Pincus was formed from Lionel I. Pincus & Co. as small private investment counseling firm by Eric Warburg. The firm had handled professional approach after merging within 1967, an investment of $25 billion with 550 companies in 30 countries, like Beijing, Frankfurt, Hong...
Introduction A concrete form of resource dependence is the need for organizational legitimacy, with many experts in the management field regarding organizational legitimacy as an anchor point that constructs, constrains and empowers organizational actors (Mascarenhas, 2007, p.503). Legitimization is viewed as the process whereby an organization justifies to the friends...
Executive Summary Virgin Blue Holdings is one of the largest airlines in the Eastern hemisphere. This company owns and operates other companies, united by the Virgin Blue brand name. These companies are V Australia, Pacific Blue and Polynesian Blue Airlines. Virgin Group is the main shareholder of the Holdings. The...
Executive Summary This report presents a financial ratio analysis focusing on the business risks and financial risks of the Rio Tinto. The company has approached the bank for a possible borrowing of $ 250 million â $ 550 million to meet its aggressive expansion of its core business. Based on...
A durable power of attorney is a contract, a legal agreement, that most people use in order to delegate the competencies of pursuing business on their behalf to a third party that stays in effect even after the person has any kind of accident, or loses his or her mental...
Introduction Wal-Mart is the largest retailer in the world. Wal-Mart has more than 3800 stores in the United States and more than 2600 stores in the rest of the world. Wal-Mart is intending to expand its business operations by starting new business units in the USA. For this purpose, it...
Introduction Capital structure is one of the basic notions used in the world of business, as far as this structure determines, to a great extent, the market position of a certain company, as well as its attractiveness to partners and investors (Grossman, 2009, p. 129). In every industry, companies have...
Introduction An Information Technology (IT) manager is one of the most important individuals in an organization. An IT manager has many roles and responsibilities within the organization that he or she works. He or she deals with the management of computer-based information systems especially computer hardware and software applications. IT...
Introduction Many businesses usually fail to succeed because of lack of viability. In essence, itâs not logical to invest a lot of money in a business opportunity especially when the future of that business is in doubt. To clear such doubt and to ensure that investments are secure, business planners...
One of the most important issues which appear when the organisation grows because it is necessary to pay much attention to the maintenance and development of the existing facilities as well as incorporation of new facilities. The current organisation is the University A which has some teaching facilities that are...
Introduction Ingvar Kamprad Elmtaryd Agunnaryd (IKEA) refers to a worldwide home products retailer that focuses on selling furniture as well as other related accessories around the world. The company initiated flat pack design furniture at considerable prices and is now perceived to be the largest furniture retailer. It reaches a...
Culture in the Business/ Construction Industry âAn organization’s culture is comprised of the set of values, beliefs, assumptions, principles, myths, legends, and norms that define how people think, decide, and performâ (Understanding Organizational Culture 2001, p.1). Schein (1985, p. 6) defines culture as; âThe pattern of basic assumptions that a...
Introduction Capital purchases to the firm are those expenditures whose benefits will be experienced or produced for a long period of time. These capital projects can be tangible or intangible assets. Normally when the management is deciding to invest, their major aim is to improve efficiency and profitability at the...
Introduction One of the recently emerging operational strategies for firms in the modern economy is time-based competition (Inman, 2010 p 1). Time-based competition generally refers to a competitive strategy that emphasizes on efficient management of time as the key determinant of a companyâs attainment and sustenance of competitive advantage (Inman,...
Introduction This paper seeks to study and follow the progress of the stock price of Marks & Spencer Group plc at the London Stock Exchange over a short period in relation to news development about the company. This paper will also study the external and internal environments of the company...
Corporate frauds have been occurring since centuries now and it has resulted in several economy collapses with the severity of fraud scandals increasing on a daily basis. United States and places other first world nations have been very strict with their legal policies etc. and have been refined over time....
Introduction Financial reporting is the preparation of financial statements to provide useful information to users for decision-making. The main objective of preparing statements is to provide the user with information showing the financial position of the enterprise, changes in the financial position of an enterprise, and the performance of the...
Introduction For any business that is willing to keep climbing the ladder of success in the marketplace, this particular business will have to ensure that they have a good accountant that is taking care of all their financial needs and maintaining clear records of the financial statement and financial position....
Introduction Over the history of the accounting practice, different theories have been developed to explain the ever-changing accounting practices. However, there has never been one generally accepted accounting theory, mainly due to the difference in assumptions, methodology, and users of the accounting information. Generally, accounting involves measurement and recording, and...
Introduction The following essay examines the accounting areas as the promulgation o the International Auditing Standards (ISAs), the convergence of GAAP and GAAS, the position of the U.S as far as the convergence is concerned, the challenges that are experienced in the convergence process, and the attitude of the current...
Introduction In coming 2012 the Olympic Games is going to be held in London. The Olympic Games is an ancient game and the worlds most prosperous and popular sports events combined various sports in one event. Spectators from all over the world would come eagerly to enjoy the events and...
This paper seeks to critically analyze the statement that rules-based accounting adds unnecessary complexity, encourages financial engineering and does not necessarily lead to a âtrue and fair viewâ or a âfair presentationâ. This paper takes the position that the International Accounting Standard (IAS) which basically adopts a principles-based approach in...
Executive Summary Globalization has generated new challenges in a vast of fields. Accounting practice has not been left behind. Integration of the world financial market is growing by the day. This has necessitated the need for more comparability of businesses across national borders. The International Financial Reporting Standards are developed...
Introduction Governmental organizations are sovereign entities operating under superior authority to all other formally and informally chartered companies. Non-profits, on the other hand, are entities operating in compliance with regulations stipulated by the government at both the local and state levels. Besides this difference, these organizations differ in the way...
Introduction Creative accounting is an accounting practice that has gained popularity among global firms. The practice will follow the internationally set rules and standards but slightly deviate from their spirit and norm for the firmsâ benefits. Creative accounting will therefore seek to overstate or understate the firmâs value whenever the...
Introduction The ability to select one form of business from the others is a task that is difficult among many entrepreneurs as they venture into the business world. This is because of the mare reason that different organizations operate differently and each would require different levels of capabilities to operate....
Introduction To begin with, it should be stated that Fair Value Accounting is the matter of financial reporting, consequently, the impact of this approach on the accounting and financial reports is regarded to be essential. Originally, it is claimed that the fair value approach essentially threatens the very concept of...
Introduction International Accounting Standards (IASs) were established to govern and control the accounting practice. The guidelines were nevertheless used between 1973 and 2000. The rules were then controlled and regulated by a commission which was later replaced by a board, the International Accounting Standards Board (IASB) in the year 2001....
The governmental non-profit organization is the institution that does operate in a particular nation being run and managed by the sitting governing body as they undertake their responsibilities yet they are not profit-oriented or centered. Their resources are usually financed by the government though they do not give returns that...
Introduction Internal control is a specific procedure within the accounting system that ensures the realization of the objectives and goals of an organization. This procedure ensures reasonable assurance to the many procedures. The division into parts ensures transparency in the organization. It is worth noting that there sometimes can be...
Introduction Following a successful entrance into the new Asian market, an AIM hypermarket is looking at ways of acquiring a new client base for its products and services. They however understand the importance of today’s business dynamics as far as customer relationship is concerned. This being the fact, AIM hypermarkets...
Introduction Improvement in the quality of work, the original goal of the organizational assessment, is addressed starting in mid-1990 by establishing quality circles. The project detour, however, points to the importance of employee involvement and the improvement of the quality of working life as a precondition for achieving other organizational...
Abstract This paper is a report evaluating the various methods/models of vendor evaluation and selection. It analyzes the situation in which Caterpillar Australia Ltd is by discussing the various methods the company can use to evaluate vendors and gives recommendations for the most appropriate method that the company can use...
Introduction Almarai Company is the leading producer of dairy in Saudi Arabia. It deals with dairy farms and produces processed foods, markets all its farm products and fruit juices. Itâs a well-established company in the Middle East and wishes to group itself in the Middle East region and to grow...
Introduction In estimating the weighted cost of capital of a company that is not listed in the stock exchange for purposes of initial public offer industrial average figures is used. A company in the same industry will be used. The ratio is used to guide the firm to the price...
Decision-making in entering new markets is a major concern for multinational corporations. If not taken into consideration it can lead to conflicts between the investors and their anticipated companies. Since profitability is the main objective of any company, there is a need to understand the methods of evaluating the profitability...
Introduction Behavioural scientists acknowledge that organizational control systems and accounting systems of an organization have significant influence on the human behaviour which in turn predicts the effectiveness of an organization. Managers are faced with numerous decisions that require massive application of strategic analysis and interpretation of the situation. The main...
Introduction The productions of substandard products and subsequent recalls have had a profound impact on the automobile industry, especially for GM and Toyota. This took place after this industry was hard hit by the global recession. In the U.S., âAmericaâs car and the light truck market dropped dramatically in 2008,...
Introduction Price is among the weapons that are used by business organizations to ward off competition. Resorting to cutting the price to join the battle may be easy and quick action to take. However, such an action has its consequences on the profits of the company (wisegeek, 2010). This move...
Abstract Broadway CafĂ© has been in existence for over fifty years now. Over the years, the cafĂ©âs competitive advantage has been its established menu and a loyal customer base. Nonetheless, the entrance of new players in the cafĂ© business has led to increased competition. In order to maintain a competitive...
Introduction Steel container making is a vivacious, ever-transforming manufacturing process. Consequently, processing used or abandoned materials for use in creating new iron units in steel containers demonstrates considerable opportunity for improvement; this involves many developments that consume raw or second-hand equipments, manufacturing thousands of commodities and by-products. However, in this...
Abstract The report is a dedication to the analysis of the main production of Advanced Electronics Company, which is also called AEC. The main specialization of the company is manufacturing military electronic devices. In that regard, the main purpose of the report is to analyze and assess the main products...
Introduction Income Smoothing is a management tool used by firms to portray a positive image not only to the financial statement users but also to the regulatory bodies. The management in this case may use lawful procedures to ensure that the firm pays less tax while more investors join the...
Quality Standards To have an efficient system, which performs to the satisfaction of any organization, the value of Quality assurance should not be overlooked. A quality system enables a company to deliver its promises with due professionalism and ease. Several factors quantify the efficiency of a better system. The first...
Introduction The current trend in the accounting practice has indicated drastic changes in the level of reporting requirements from the regulating accounting bodies. This trend has been facilitated by the need of the international and national corporations to embrace the aspect of transparency and responsibility to the users of the...
Introduction The balance sheet is one of the most important sections found in companiesâ annual reports because it provides significant financial data that are helpful to conclude regarding an organizationâs position in the industry. In order to understand the specifics of the financial health of Ford Motor Company in 2012,...
Abstract In the world, today investment decisions play an important role in determining the level at which the business is operating. A company is planning to expand its product base by introducing a new model into the market. To successfully the company carried research and development on two models, the...
Introduction Some might consider accounting as a boring profession, dealing only with numbers. Nevertheless, the importance of accounting should not be underestimated, where their provision of information can be considered as an important aspect of the job. Such aspect is essential, specifically when this information could be used to determine...
In recent decades, technology has advanced substantially, enabling quick, efficient, and secure long-distance transmission of large volumes of data. As a result, many services and jobs, particularly those that deal with information, are being outsourced to remote companies. Doing so is often more cost-efficient than hiring a dedicated worker or...
Introduction Accounting process is one of the most complex one in organizational practice. Internal control is more than the act of regulation or governing the particular organization, It involves accounting intelligence as a fundamental to the development of effective controls, since they attempt to assure the leadership of a business...
Introduction Budgeting can be seen as one of the main instruments of planning (Hand et al., 2004). Following such statement, it should be stated that planning, in turn, represents the assessment of the organizationâs established goals, in terms of the resources required, and their availability, when necessary. In that regard,...
Abercombie & Fitch Co, a specialty retailer is a company incorporated in Delaware in 1996. The Company operates stores and websites for selling different brands of knit and woven shirts including sportswear and other apparels. The Companyâs fiscal year closes on the Saturday closest to January 31st every year. At...
Like any other profession accounting has also been criticized for not allowing enough opportunities for women to work and seek out better positions within organizations. Women have struggled not only to make their way into the profession but also to survive the peer-pressures and gender discrimination they faced while working...
ACT Contact Manager Integration The modern world of business is characterized by the high competition and the fast pace at which the techno logy develops leaving those companies that did not manage to catch up with it behind in their technological development. Accordingly, technology and software determine the market position...
Demerits of Fair Value Accounting Financial Accounting Standardâs Boards (FASB) proposed amendments to be made on accounting standards which are expected to be adopted once the draft is approved by my committee members. The new standard requires financial institutions to account for their assets and liabilities at current market values...
Introduction Generally accepted accounting principles are a set of rules that are followed by accountants in preparing the accounts to ensure uniformity. Assembled information is always relied upon by various stakeholders on the assumption that the accounts prepared are good and free from bias and are consistent. The principles of...
Introduction The two internet articles given here are related to Statement 123(R) of FASB regarding share-based payment or stock compensation plans for employees. The standard issued by FASB required companies to record the cost of stock options offered to employees and replaces Opinion 25 which did not require recognition of...
Introduction General Notions Retail trade is a highly competitive business, especially when the area of womanâs clothing is in question (BIS, 2010; Trienekens et al., 2008, p. 1572). Every company in this area should develop and improve, and the RFID tag initiative by Naisten Pukutehdas, NP, is a step in...
In this book, âExecution: The Discipline of Getting Things Doneâ, Larry Bossidy and Ram Charan try to make us understand what execution is in relation to running business organizations. They believe this is a particular set of activities and modes of operation, which organizations are supposed to master to acquire...
Introduction Majority of professionals in the field of human resource recognize that family responsive plans and strategies would be essential in attracting and retaining needed members of staff and to enhance competitive advantage. However, everyday, employed individuals are called to alternate between their work and their family. People play various...
Introduction Business decisions are very crucial for the growth and development of any business in a competitive environment. Making business-based decisions integrates numerous factors which must be considered for the business to operate not only smoothly and profitably, but also to place itself in the leaderâs position in the competition...
Introduction Exceptional Computer Services is the company, which is engaged in the sphere of information services and actions, which are closely linked with information and data security. The fact is that, digital data is seriously subjected to risks and attacks, consequently, the issues of data assessment are of great importance...
Introduction With its location in East London, B Pale and Stout plc mainly specializes in the production of ârealâ ales. Of these, some gets sold to the various public houses within England at a wholesale price, while packaged in casks. The rest are then bottled and get distributed to retail...
Introduction All organizations including global manufacturing and services organization have some function to perform. Organizations exist in order to achieve objectives and to provide satisfaction to its members (Corporate Document Repository 2009). The management of organizations has changed dramatically due to advancement in technology, globalization, new opportunities of doing business,...
Executive Summary Country Road Limited is an Australian company, which has now limited its operation within the Australian continent. It had a long-lasting reputation to offer high-quality apparel and clothes at a lower price in the Australian continent as well as in the overseas markets. However, various threats and vulnerabilities...
Introduction This paper seeks to compare Urban Outfitters, Inc, (URBN) with Tiffany & Co. (TIF) under the retail business industry using their annual reports and other appropriate source materials. In making the evaluation and comparison of the two companies. This paper will analyze their business environment, their strategies and their...
Introduction The Department of Defence intends to grant a government contract of $1,000,000 to a firm that operates in drone navigation system technology in this case. In this report, as a public auditor, I am responsible for reviewing the two organizations’ operating data, VectorCal, and Universal Drones (which is my...
Introduction AstraZeneca is one of the global pharmaceutical companies with its products being marketed in more than 100 countries. The company has a wide range of pharmaceutical products for the treatment of diseases from breast cancer to migraine. The company was formed in the year 1999 and is a British-Swedish...
Coles Group Limited sees transparency as one of its key values, as per its 2019 annual report (Coles Group, 2019a). As the company puts it, it is committed to doing business in a way that builds trust within, with customers, and the community. Coles Group Limited admits that it is...
Introduction According to T-Shirts Ltdâs statement of profit or loss, the companyâs revenue, or sales, decreased by ÂŁ735,000 in financial 2019 as compared to 2018. The cost of sales, i.e., the cost of goods that the company purchased to sell them to its clients, also decreased by ÂŁ89,000 between the...
Executive Summary The aviation industry has undergone critical moments during the last three decades. It has gone from boom to bust and up again. John Hamilton is a MBA graduate and an ex aviator. He has both the experience of somebody that knows how to fly and deal with an...
Modern technology and various research methods present many opportunities for marketing researchers, allowing them to collect necessary data easily and in large quantities. Marketing research is the basis of informed decision-making, making it an essential step to conduct before implementing an idea in practice. However, marketers face the challenge of...
Background Sukuk (plural of sak) are Sharia-compliant bonds. Shariah laws are Muslim laws mostly effective in Muslim states. The belief is that no one should trade in money but rather in goods and services (Jadwa Investment 1). As such, interests earned in the case of bonds are prohibited in the...
Introduction This research work aims to examine the influence of lighting manipulations in retail display areas on the behavior of customers. In particular, it is necessary to focus on such measurements as 1) the amount of time spent at display; 2) the number of items touched, and 3) the number...
Dell has been so successful with its customers for many reasons, while most of these are related to the effectiveness of the business model. The company emphasizes the areas of minimizing the costs related to any area of operation, maximizing the efficiency of delivery time, and the focus on client...
Abstract Advertising involves all communication strategies used in the marketing of a companyâs product with an effort of reaching new markets than competitors and at the same time retaining the existing market in a particular industry. Firms attempt to capture the large market and therefore they should constantly emphasize the...
Background Sukuk is ordinarily taken to mean a âshariah compliant bondâ. It is symbolic of a claim to the ownership of an asset. The fact that the claim to a sukuk is more of ownership that to cash flow helps to draw a line between on the one hand, conventional...
Sustainable Dominance For all companies, a sustainable competitive advantage ensures that they have a significant and impactful market share, which is makes it easier to for new entrants to surrender. Wal-Mart managed to create a sustainable competitive advantage for its businesses by understanding that the needs of customers across the...
Introduction Nowadays, more and more companies use social media as a tool to expand the consumer base and motivate customers to buy their products. Some of the most important aspects of social marketing are content and content marketing. Content is a unit that plays a significant role in a social...
Since the outbreak of the virus at the beginning of 2020, tourism in Australia has been impacted dramatically. According to reports, the industry lost nearly 3 billion AUD per month (âAustralian tourism industry,â 2020). At the same time, the tourism industry is considered a vital economy drive for Western Australia,...
Introduction The notion of social media in the worldwide context has now gone far beyond plain means and communication and pastime for the youth. In fact, social media is the platform aimed at helping people find various perspectives on leisure, education, and financial well-being. Some of the most widespread marketing...
Introduction The top management of the company usually develops a corporate-level strategy. It includes assessing the business environment and business opportunities of the enterprise (Corporate-level strategy, n.d.). On a practical level, a corporate-level strategy is a basis for subsequent business steps; it also reveals hidden strategic goals. This strategy takes...
Hygiene is an important element of maintaining a healthy life among individuals exposed to varying vulnerabilities. Maintaining cleanliness is significantly encouraged by medical practitioners to keep harmful pathogens, such as viruses and bacteria, away. Therefore, this analysis aims at addressing the growing importance of hand sanitizers in fighting the Covid-19...
Alghamdi, E. A., & Bogari, N. (2020). The impact of social media platforms âInstagramâ and âSnapchatâ on the purchasing decision – Structural equation modeling approach. International Journal of Online Marketing, 10(1), 72-94. Web. According to this article, social media tools have great potential in online shopping and e-marketing. Alghamdi and...
This mostly relates to an organizationâs arrangements of working procedure that helps the company to perform its functions swiftly. The flexible working operations include; the time to work, the working pattern and the location of work. Whenever employees are subjected to a working situation in which they are able to...
Introduction All types of organizations, regardless of the form of business activity that they are engaged in, do incur costs. Businesses, non profit organizations and other organizations such as governmental agencies do incur costs as part of their operations. The term cost can be conceptualized variously depending on the orientation...
Abstract Today it is eminent that the role of computers has a huge impact on every person. Computerization has taken over a majority of societal roles and has greatly improved lives. The most advanced machines include intelligent systems that have the ability to control and manage stock by taking over...
Introduction Kool Kutz is a hairdressing company which has twenty five branches across the country. The main branch in the city has its administrative office on first floor and beauty salon on the ground floor. Most of the salons have six hair and beauty specialists and two full time receptionists....
Introduction Pharmaceutical Product Development Incorporated (PPD) is an organization dedicated to improving drug development and provides laboratory testing and research services. Established as a one-person consultancy by Fred Eshelman in 1985, PPD grew into a global organization while expanding in multiple countries and providing high-quality drug development services (PPD, 2020a)....
This analysis paper deals with selecting two companies from two different countries and industries and evaluating the similarities and differences in the way balance sheet of these companies are presented in their annual reports. The comparison is not just limited to the layout of the balance sheets but also will...
Introduction This CFO report is going to focus on the renowned Colgate- Palmolive Company. It is one of the worldâs largest cosmetics and toiletries companies which are serving various consumer goods for more than consumers of 200 nations with 36600 employees. The company has been founded in 1806 under the...
In order to explore American International Group (AIG) fully this paper has been broken into several parts namely: American International Group (AIG) – gives a definition of the company History of AIG â details how the company was conceived AIG- its operations â details what the company is concerned with...
Introduction The modern world is in the situation of global environmental problems. Most people are environmentally concerned and search for different ways for reducing harmful effects on ecology. Moreover, it is obvious that people want to save their money as well. Analyzing the situation on the oil market, it can...
Sipchem Company Sipchem Company trades in the Saudi stock market and it directs its investments in chemical as well as in petrochemical industries. Some of these are basic while others are intermediate. The materials are used in the production of various products. The company has been in operation for twenty...
Abstract Motorola and Nokia are two major names in the Mobile Telephone industry. Nokia is currently the world leader in terms of market share while Motorola is near the bottom among international Mobile phone companies. This study will briefly cover the history and current standings of the two corporations before...
Introduction Seniorsâ care is International is a Canadian corporation that is traded on the Toronto Stock exchange under the acronym SCI. The companyâs market capitalization is estimated to be $ 154 million. It operates its business under three distinct divisions; homes division, the products division and the services division. The...
