CA9-2 (Lower-of-Cost-or-Market) The market value of Lake Corporation’s inventory has declined below its cost. Sheryl Conan, the controller, wants to use the allowance method to write down inventory because it more clearly discloses the decline in market value and does not distort the cost of goods sold. Her supervisor, financial vice president Dick Wright, prefers the direct method to write down inventory because it does not call attention to the decline in market value. Instructions Answer the following questions. a) What, if any is the ethical issue involved?
BSA 310 Entire Course http://www.homeworkwarehouse.com/downloads/bsa-310-entire-course/ BSA 310 Entire Course BSA 310 Week 1 DQ 1 And 2 A “business system”, as defined by Georgetown University, is “a combination of people and automated applications organized to meet a particular set of business objectives. Describe a business system you use in your work environment. What is the business objective of the business system? A companies “Business Model” serves to (1) articulate the value proposition, (2) identify a market segment, (3) define the structure of the firm’s “value chain”, (4) specify the revenue generation mechanisms, (5) describe the position of the firm within the value network, and (6) to formulate the competitive strategy.
TUI MGT511 – ADVANCE TOPICS IN HUMAN RESOURCE MANAGEMENT MODULE 3 – CASE ASSIGNMENT Strategic focus – i.e., how might HR outsourcing further assist the growth of AFL?/ Cost savings normally associated with outsourcing HR A number of macro issues, including uncertainties in Europe and concerns over global economic growth, are currently impacting business sentiment. While many U.S. businesses continue to carefully manage their budgets, they’re simultaneously looking to gain a foothold in the current market. This operational conundrum presents a unique challenge — especially in the HR environment— where employee retention and skill cultivation is key amid pressures to reduce costs. The economic environment and shifting priorities are key influencers of current HR strategy, as businesses seek cost-effective ways to focus on core competencies, growth and talent management. Many companies have found that outsourcing some of their HR functions make these goals a reality.
In addition, an annual report may contain information about the company's products, facilities, strategies or other topics at management's discretion. This case is an analysis through the fundamental financial statements of two companies. You will want to calculate a number of financial ratios, to analyze the basic financial statements and to highlight significant points underlying trends. In order to understand many of these points you will have to study management's discussion of financial condition and results of operations as well as the notes to the financial statements. Included in this case is the analysis of three companies in the retail business.
On the other hand if the cost is decreasing it would have positive impact on the profit as the profit will increase. Business must make profit in order to create reserves. Reserves are needed for a variety of reasons. These reasons might include the following of: 1: unforeseen economic adverse changes in the future. 2.
It can totally change the establishing market structure and market share. * Determining if a technology is disruptive or not can be done by checking the following: 1) Mainstream customers will reject a disruptive technology. 2) The marketing and financial mangers may not support it since they want to maximize the profit in the current period, because a disruptive technology would require a concentrated effort and share the company’s budget. 3) The technical managers would support it as they can foresee the technical trends. 2.
| P1P2 | In your report you must cover the following tasks: Describe the purpose of each of the four businesses (P1) Describe the ownership of each of the four businesses (P2) Describe the size of each of the four businesses (P2) Describe the scale of each of the four businesses (P2)Describe the industrial sector( primary, secondary or tertiary)M1 extension task: Compare and contrast the ownership, aims and objectives of two of the four businesses (M1) | | P1/P2 Tasks/Checklist : You will write a report following the layout given below Task 1 Unit 1 Set out a report for the following (use a previous report written for unit 2 as a template); P1 Describe the purpose of each. P2 Describe the ownership of 4 different types of businesses, sole trader, Ltd, PLC and Partnership. P3 Explain how businesses are classified using both national and local examples. State their classification e.g. primary, secondary or tertiary and explain why.
Challenges: What is the best way to implement new IT technologies to provide information and share ideas with customers and suppliers at the highest level. How to improve quality while reducing cycle times and lowering the costs of production. B) Main Stakeholders Internal Stakeholders External Stakeholders Committee of the board Director of the company Executives- Employees Supply chain Department Government Investors Suppliers Customers C) Theory and Concept Traditional Supply Chain “Push” Model The old version of “push” Model allows supply chain members to be separated from the end users which involves in a linear flow of commerce. The current push model is the process that occurs through
Cost of capital at Ameritrade Case Analysis Ronnie Salhov 30141718 Ameritrade’s case study deals with the issue of another decision criteria when it comes to choosing whether to take on an investment or a project. The proposed investment is made in order to get closer to achieving the company’s objective, which is to become top at the discount-brokerage industry. It plans to achieve that goal by increasing its consumer base. This can be done if it improves its technologies to be able to provide to its customers a service that will be faster, easier and the most safe and reliable existed among its competitors in the market. This, of course, will be provided by the lowest price possible.
The cost to the government and the taxpayer of keeping the business’ running and making sure they efficiently pursue their desired function can have high opportunity costs.This is especially prominent in a time of recession/economic downturn when the money could be spent in other ways to increase growth the economy,such as macroeconomic policies including fiscal and monetary policy. On the other hand public ownership does have some positives. The main benefit is that of public interest, this includes the fact that the business is not there to operate for profit, it is there to serve the consumers. This point could also be tied in with the fact that any profit made by the business’ if government owned will go back into society. This is obviously beneficial if the business’ are making profit, but it could be argued that a business should not be making profit, but instead charging lower prices to consumers initially.