Managing the marketing function begins with a complete analysis of the company’s situation.The marketer should conduct a SWOT analysis, by which it evaluates the company’s overall strengths (S), weaknesses (W), opportunities (O), and threats (T). Conduct a SWOT analysis for your organization. Review chapter 14 in your eBook. Direct marketing is rich in tools, from traditional old favorites such as direct mail, catalogs, and telemarketing to the Internet and other new digital approaches. What direct marketing tools does your organization use?
Ghost employee refers to a fictitious employee that does not work for the company, with the fudging of personnel and payroll records with a paycheck being issued to and cashed by a ghost employee. Fabricating of hours and salary are the most common method of embezzling funds through the overpayment of earnings. Falsified hour schemes occur when a person falsifies the number of hours on their timecard for payment. Apollo Shoes outsources payroll to Roll Pay Payroll Services for processing. Extra observance by the internal auditor is given to payroll to maintain integrity in the transfer of funds to the general account to cover payroll expense.
|Learning objective |Place in Assessment | |1.1 Explain reasons for change in a business environment |Question 1 Page 1 | 1. Explain why change happens in a business environment. You should include at least three reasons for your answer. [1.1] Within a business organisation, there are various factors that can influence changes in a business environment, for example, there are external pressure and internal demands. Those influences can be measured by using the PEST analysis acronym that is the Political, Economic, social and technology.
1. Control: The vice president of table games and the vice president of the separate Slot Machines Division of the casino report directly to Bellagio’s president/CEO. Problems that controls are designed to address: Employees misconduct or any fraudulent behaviour that are not known by the top of management. This control makes sure that top management to acknowledge any incident within the casino. 2.
The external source documentation can serve as the confirmation of the internal documentation. 7-28 1. Review the accounts receivable with the credit manager to evaluate their collectability. Inquiries of the client. 2. Compare a duplicate sales invoice with the sales journal for customer name and amount.
In Problem 1-3A, you are asked to create financial statements. The financial statements should be created in a certain order. First is the Income Statement, second is the Statement of Owner’s Equity, third is the Balance Sheet and last is the Statement of Cash Flows. The order is very important because the statements are all interconnected and rely on the proceeding statement to be completed. The Income Statement presents the
Others have developed their own recommendations for best practices and lessons learned involving implementing accounting information systems. However, in order to appreciate what IBM and others are proposing, we need to apply lessons learned to a real-life situation involving the failure to implement an accounting system properly. For this assignment, research the Internet or Strayer databases for information related to a real-life accounting information system failure and best practices, as well as lessons learned from implementing the accounting system. In addition to information that you may find during your research, please use the following IBM article to complete the assignment: (http://www.businessofgovernment.org/article/what-we- know-now-lessons-learned-implementing-federal-financial-systems-projects). Write a ten to twelve (10-12) page paper in which you: Identify three to five (3-5) factors that contributed to the accounting information system failure within the business that you have identified.
4. Choose a career from the following list: financial planner, financial analyst, accountant, risk manager, cash manager, treasurer, CFO, and comptroller. Use the Internet to find information about this career, and answer the questions below. TIP: The U.S. Occupational Outlook Handbook (http://www.bls.gov/oco/) may be a good source for this information. a.
Introduction To develop a data warehouse, business requirement is one of the main factors. Business users like executive managers, business analysts require information for business decision and analysis purpose. To analyse or measure a particular fact, business dimensions are required. Suppose to analyse sales of a company, time, product, location, customer demographics are required. Time, product, location, customer demographics are called business dimensions.
Conflicts between stakeholders I am going to describe how the stakeholders of the Marriott conflict. The stakeholders conflict as they all have different interests. The stakeholders I will be discussing are: ▪ Financiers ▪ Managers ▪ Owners/Shareholders ▪ Local community ▪ Government ▪ Customers ▪ Associates Financiers Financiers lend money to a variety of businesses. In return, they want to know what the money will be used for. However, if the business does not use the money for this, and they spend it on something else, the bank will ask for their money back immediately.