I would recommend that CCL make the above changes immediately so that the financail statements are not incorrect. These changes would help CCL reduce its future taxable income when it may be more profitable. 2. Allowance for Doubtful
In these situations we will need to think about who else may benefit and why this is important. A new procedure may take you longer; however, it could allow a better service to be given to our internal/external customers, which could result in better working relationships and/or customer loyalty. Responding negatively to a change will influence those around us creating a difficult environment to work in. A positive approach encourages a good working environment and good teamwork. b) Explain why you should respond positively to changes in products or services.
Robbin Industries is jeopardizing itself by not properly reporting the advertising costs. As an operating company, they must understand the generally accepted accounting principles and adhere to them (Weygandt, Kieso, & Kimmel, 2010). (c) What would you do if you were Wayne Terrago? Wayne Terrago should try to report the financial condition and results of operations fairly and in accordance with the generally accepted accounting principles. As controller, Wayne should inform management and understand what is acceptable according to the GAAP.
To keep them motivated, the managers will offer discounts as such on in-store items or chances of promotions. If the managers don't motivate their employees then the manager will be constantly replacing them as they under-perform or quit. | The trustees want the NSPCC to do its job successfully. Trustees are in charge of the financial decisions so they can look at how their funding can be used most effectively in achieving the organisation's goals. If the Trustees do not monitor the funding then they may overspend and put the organisation in debt.
A client may change its marketing strategy and decide that a new agency with an integrated capabilities is best aligned with its strategy while they adopt an integrated marketing communications approach. 7. Declining sales. When sales of the clients product or service are stagnant or declining, advertising may be seen as a part of the problem therefore the client may seek out new advertising representation. 8.
3. Should Henkel reduce product complexity, perhaps by adopting an everyday low price (EDLP) strategy? Or, should they continue to offer new products and promotions while implementing CPFR or another initiative? They should continue to offer new products and promotion while implementing CPFR or another initiative. Henkel uses special promotions, instead of straight price promotions, such as more product for the same price, specially bundled products, and coupons or free items attached to the package.
Identify the main reasons for reviewing working methods, products and / or services in a business environment. In business you can either make proactive changes, therefore seeing problems before they arise such as too much waste, a more up to date product, or perhaps newer software to save time and improve your customer service. Or, reactive changes, this is when usually something "bad" happens so for example your competitors are outselling you - why? Is there product cheaper, better built, better advertising, more ethical, what to do you need to change so that you can survive a competitive market. 2.
There is difficulty in determining forecast turning points that are, from increasing to decreasing sales. Opportunities and suggestions The opportunities that Kudler has in terms of technology include improved loyalty and profitability of customers, which results from various marketing strategies. Another opportunity for Kudler involves customer purchase behavior patterns. These patterns are recognized through the current system and would help Kudler refine its processes and offerings to best satisfy its valued customers. It is vital for Kudler to continue reviewing and improving its information system to ensure its appropriateness to the changing characteristics and needs of its customers.
Agreeing to the terms and not going for a hostile take over will also allow Nestle to maintain positive relations with the Rowntree management and the government. This will help a smoother integration of business once a takeover of business is completed. Integrating the new business will be a challenge for Nestle. Nestle will have to restructure some of its operations and how the organization is structured. It is a costly and time-consuming process.
Though EPAs have their advantages, the community needs more education about the responsibilities that entail being selected so that the risk factors for misuse of this power be reduced. Moreover, the economy, as it is now, does not help to lessen the potential for abuse. In some instances, depending upon the gravity of the economic situation of the selected administrator, he or she may go as far as selling the older person’s assets and properties including the primary