...1. Which of the following is not a current liability on December 31, 2014? • A lawsuit judgment to be decided on January 10,2015 • A Note Payable due December 31 2015 • Accrued salaries payable from 2014 • An Accounts Payable due January 31,2015 2. Continuous monitoring, in the contemporary approach, is beneficial because_____________. • it increases the time it takes to detect changes in the competitive environment • organization response time is increased • organizational flexibility is reduced • It reduces time lags 3. The acquisition of treasury stock by a corporation: • requires that a gain or loss be recognized on the income statement. • increases its total assets and total stockholders’ equity. • has no effect on total assets and total stockholders’ equity. • decreases its total assets and total stockholders’ equity. 4. You work in marketing for a company that produces work boots. Quality control has sent you a memo detailing the length of time before the boots wear out under heavy use. They find that the boots wear out in an average of 208 days, but the exact amount of time varies, following a normal distribution with a standard deviation of 14 days. For an upcoming ad campaign, you need to know the percent of the pairs that last longer than six months-that is, 180 days. Use the empirical rule to approximate this percent. • 97.5% • 95% • 2.5% • 5% 5. __________involves ensuring proper strategic controls and organizational designs. • Corporate...
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...com/product/mgt-521-week-2/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 2 week 2 complete 1- Complete the Effective Research and Writing at University of Phoenix Module. Save a screen shot of the completion screen as a Microsoft Word document on your computer once you finish the module. Click the Assignment Files tab to submit your assignment 2- Navigate to the My Career Plan in Phoenix Career Services. Complete the Career Plan Building Activity: Work Culture Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results. How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals? Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis? How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business. Use the MBA Overview and Effective Research and Writing at University of Phoenix Modules...
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...NAME: SHEILA PETIT-PHAR SUBJECT: BUS 288 FUNDAMENTALS OF BUSINESS PLANNING. DATE: NOVEMBER 14TH 2013 TOPIC: STRATEGIC PLANNING TEACHER: MRS. SAMANTHA V. EVANS Overview History This statement provides a common understanding of history of “La France Boutique” where its governing board rotates trustees on and off board every France Osias started “La France Boutique” in 1980 as a clothing retailer in Sand Bank, Treasure Cay, Abaco, Bahamas. “La France Boutique” has since grown and has started retailing clothing, cosmetics, cooking items, shoes and perfumes. La France Boutique was the final destination for purchasing any item. In the year 2011 during the down falls of the recession “La France boutique” a decrease in client. Introduction In the year 2011 during the down falls of the recession “La France boutique” a decrease in client. And survey said that customer service and technology Is the problem. What curses this problem I believe it is the lack of training of employee and also not updating our technology and keeping up with the latest trends in the industry. Planning to plan Members of Strategic Plan Sheila Petit-Phar Claudette Kelly France Osias Mark James Joe Peterson Jessica Davis Katie Nolan Why they are choose those persons France Osias………….Owner/CEO Joe Peterson …………...
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...MGT 521 WEEK 3 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-3/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 3 MGT 521 Week 3 Career Plan Building Activity Reasoning Aptitude,MGT 521 week 3 organizational planning,Week 3 Quiz, Reflection A++ GRADED!!! Navigate to the My Career Plan in Phoenix Career Services through the My Career Plan link. Complete the Career Plan Building Activity: Reasoning Aptitude. Review the Reasoning Aptitude results page. Add tips to your career plan by selecting the opportunities tab and click the “tips” next to the competency you want to add to your career plan. Click the “my career plan” tab on top of your page to view your populated career plan. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Reasoning Aptitude. What do your results tell you about your individual thinking style or your thought process range? How does knowing this information and your Competencies and Work culture Preferences help you to understand how work is done in teams? What adjustments can you make to your own teamwork style based on your Career Plan Building Activities? Click the Assignment Files tab to submit your assignment. 2- Review the example SWOT Analyses located in this week’s Electronic Reserve Readings to see the types of information companies include. Complete the following tasks in the University of Phoenix Material: Organizational Planning...
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...Strategic Plan Part 1: Conceptualizing a Business 1 Strategic Plan Part 1: Conceptualizing a Business BUS/475 - Integrated Business Topics Michael Portillo August 29, 2011 Strategic Plan Part 1: Conceptualizing a Business 2 GPS Marketing is a marketing company that specializes in getting qualified guaranteed prospects to see in front of independent insurance agents. GPS actually stands for “Guaranteed Prospects to See”. GPS Marketing guarantees every agent that comes aboard with our company that we will put them in front of at least 15 qualified prospects. GPS Marketing’s mission statement is “ Our goal is to get independent insurance agents in front of qualified annuity prospects on a favorable basis which in return increases their income substantially. We do this in a multitude of ways and we want to show you just how we can help you and your business.” In the following paragraphs is a description of how GPS Marketing can do just that. Our first program that we offer our independent insurance agents is our GPS program or our Guaranteed Prospects to See Program. GPS guarantees each of our new independent agents that we will send out one-thousand mailers which are done through direct mail. GPS sends this direct mail to a particular demographic. What this means is that this mailer will only be sent to those individuals that make at least an income of $50,000 or more, own their own home, and are between the ages of 50 and 70 years old. GPS does this for the agent...
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...MGT 521 WEEK 5 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-5/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 5 Your manager tells you about a new department the company will be adding that is part of the company’s strategic plan to enter a particular market segment. Your manager would like you to manage one of the teams in this new department. Your manager has put together the team you will be managing. Your new team consists of the members of your current Learning Team. To be successful in the new market segment, your team must efficiently accomplish the goals set by the company. Your manager, therefore, would like you to develop a leadership approach for each team member on your team based on the theories of leadership and each member’s individual personalities. Write a memo to your manager of no more than 1,400 words in which you explain how you plan to successfully lead your team. Include the following: Evaluate the individuals, including yourself, based on the personality assessment. Evaluate the situation in terms of urgency, culture, and so forth. Determine leadership approaches, based on individuals and the situation. Highlight the principles you have applied from various leadership theories. Format your memo consistent with APA guidelines. Click the Assignment Files tab to submit your assignment 2- Your Learning Team is a team of managers of a customer call center for timeshare vacations. Discuss, with...
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...Business Model and Strategic Plan Part 1: Conceptualizing a New Product or Service Division of Existing Business Mary Locket Bus/475 July 22, 2015 Franky Johnson Strategic Plan, Part 1: Conceptualizing a Business Introduction The sought after products Ingram offers such computers, software, storage devices and so on will give in such a way that the consumer will report nothing but positive feedback. This is a company that strives to provide the most outstanding services and leads the completion by far. They offer services such as financial planning initiatives for corporation seeking to improve their corporation. These services not only provide a way to improve your business but it provides the technology that by far exceeds the leading corporations that offer these services. The idea of offering warranties for the devices they sell opens a whole new dimension that involves reshaping the company to allow for the growth and become the industry’s leading sought after company for the services they provide. The new offer for technical support which provides online chat and remote assistance with problems people experience will allow for the company to improve on company’s morale and dedication. This will allow for customers to seek advice for their purchased products and allow the new desire for other products that are available. If the customer is satisfied they will be a good referring agent and continue to add to the growth of the company. These steps will allow for...
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...Bus/475 Integrated Business Topics Week Two Quiz The following quiz is comprised of two short essay questions worth 5 points each. Please use the assigned text to answer these questions. In all cases, the material found in the assigned text will govern. In other words, answers found from other sources might be “right,” but your quiz will be graded based on the material in the assigned text. Paraphrase the material from the text. Do not cut and paste. These are essay questions, not essays. Do not write a paper. Just answer the questions in as clear and concise a manner as possible. (1) Define strategic management. Identify any five of the nine critical tasks of strategic management? Strategic management is the process by which the management team determines a firm’s goals. It is achieved by examining internal and external strengths, weaknesses, threats and opportunities. The critical tasks of strategic management consist of: 1.) Creating a mission and vision statement 2.) Analyzing the business’s capabilities, i.e. strengths and weaknesses 3.) Formulating a plan based on this analysis, both short term and long term 4.) Implementing the pathway plan chosen 5.) Evaluating the effectiveness of the plan and making adaptations as needed (2) Define agency theory. Explain how agency problems occur. (Do not attempt to answer this question before carefully reading pages 39-42 of the assigned text.) The agency theory is defined as the relationship between...
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...Conceptualizing a Business Del Watt University of Phoenix BUS/475 February 10, 2014 Instructor: Fritz Hibbler, PhD * Write a 1,050- to 1,400-word paper in which you explain the importance of your selected business’s vision, mission, and values in determining your strategic direction. Include the following: * Bed and Breakfast * * Building a business involves 1) analysis or assessment, where an understanding of the current internal and external environments is developed, defined by using a mission statement and a vision of what the business need to accomplish and the desired end results of success. * Bed and Breakfasts are located all over the United States and offer not just a place to stay for the night but also incorporate the surrounding areas to provide entertainment and casual education to all who stay. * The following mission statement sums up the company’s direction and outlines the goals for what the owner and the management team hopes to accomplish, both in the business and the industry being served. * * Mission Statement: * To build a reputation for memorable vacations, getaways, and business lodging through the understanding design, hospitality and attention to important details. * To reflect our community‘s high quality of life through relaxed and informal environments designed for rest and recharge. * To host others as we ourselves wish to be hosted and strengthen our future though repeat and referral...
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...Strategic Plan, Part I: Conceptualizing a Business BUS/475 Integrated Business Topics December 15, 2011 Strategic Plan - Part I: Conceptualizing a Business Land Forms Construction is a general engineering and landscape contractor located in Laguna Niguel, California. The company has been in business for over 21 years. The owners Jeff and Anna Tracy started out as a landscape contractor concentrating mainly on commercial projects in Southern California. The company expanded its services into Northern California and Arizona. In 2010, Jeff Tracy also added value to his company by acquiring a General Engineering license to add value to the services offered at Land Forms. Mission Statement Land Forms Constructions' mission is to provide the finest quality results in all that we do. It is our goal to undertake all projects with the attitude of 100% performance in all respects, including: 1. Safety of both the public and our employees and customers. 2. Compliance with environmental laws and regulations. 3. Quality of products and services. 4. Customer relations. It is our view that no project is successful unless our client is satisfied, the project was completed both on time and within budget, and the job has been built using the finest materials and methods so as to provide the maximum value to our customer. Sunburst Landscaping plants a landscape architect’s vision making a construction project come alive. For 34 years we have followed our mission...
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...Conceptualizing a Business Edmund G. Peabody University of Phoenix Integrated Business Topic BUS/475 Mr. Arthur Murphy April 30, 2012 Conceptualizing a Business Throughout this paper, a vision for an organization that demonstrates a decision on what is wanted in the future will be created. I will define the guiding principles or values for the selected business considering the topics of culture, social responsibility, and ethics. I will analyze how the vision, mission, and values guide the organization’s strategic direction. I will also evaluate how the organization addresses customer needs and critique how they achieve competitive advantage. Strategic Plan, Part 1: Conceptualizing a Business It is imperative to comprise a Strategic Plan to ensure that the business is successful. Astrategic business plan facilitates the company to characterize its mission and vision, giving the company a sense of purpose and direction that sets them apart from competitors (Pearce & Robinson, 2009). A mission statement also discusses the product or services conducted by the company (Pearce & Robinson, 2009). Instituting a firm mission and vision statement without a doubt represents to prospective and current patrons the company’s core values and its strategy for the future. Discussed in this paper will be the mission and vision statements and the values of the Red Dawg Range based in Pine Mountain Georgia. This paper will address the company and how each of the...
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...Team C Synopsis Part 1 Bus/475 Instructor: Team C Synopsis Part 1 MasterCard IRIS was shared for the Business Model Plan and Strategic Plan, Part 1. Each team member thought this was a great idea and it could be something that could be done in the near future. As a team only a few questions about the plan which are as follows: Will the establishments that accept the card pay an additional fee for the scanner? Businesses will have to pay a little upfront cost for the scanner. What if any cost would there b per business? Most business who accept cards now have a small fee to pay and the scanner will be no different. Will there be fees to keep up the cost of maintenance per cardholder? A small fee will be applied to the cardholder. Will MasterCard be the distributer of the eye scanning devices? Yes, they will be the distributer. How will the eye scanner work online? They will come in the near future if this stage works well. Will online tools take a little longer to have ready? Yes, this will take a little longer. Will those who have surgery on the eye lose access to their account? These customers will have to redo their scan after surgery at no additional cost to the customer. A doctor’s order has to be presented before another scan is done. If joint accounts how will it work? Each person has to have eye scan done. Will customers still have to sing at checkout or is the scan proof? Signature is also required; this gives extra proof and protection. A lot of great ideas will...
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...Strategic Plan Part I Conceptualizing a Business Dawn Riggenbach Bus/475 March 26, 2012 When a person or persons decides to start a business, there are several things they need to consider, first of all a strategic management plan will need to be outlined determining the what, where, and how of the business. This will include deciding the different divisions that will make up the business and the roles these areas will play in the day to day operation of the company. The plan will entail establishing the short and long term objectives for each division and incorporating the goals into one single arrangement. To assist in deciding the objectives, the type of autos that will be restored will need to be determine, all vehicles versus classic or antique vehicles. Once this decision has been made, a plan on how the business will achieve the established will need to be put in place. Next step is the “where” choice will be the location of the business, choosing an area that will be in a high traffic spot that can easily be found by people is important in assisting the business achieve the goals established in the objectives. The how will be determining the way to make this happen. The four functions of management are important in creating and implementing a strategic plan, as it provides the business the current status of where the business is at the moment and where they plan to be in the future (MyStrategicPlan.com). The owner’s of Riggenbach’s Auto Restoration with the assistance...
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...Contents Preface Acknowledgments ix xiii PART ONE OVERVIEW OF STRATEGIC MANAGEMENT 1. Strategic Management The Nature and Value of Strategic Management Dimensions of Strategic Decisions 4 Formality in Strategic Management 9 Benefits of Strategic Management 11 Risks of Strategic Management 11 The Strategic Management Process 11 Strategic Management as a Process 16 Summary 18 Key Terms 19 Questions for Discussion 19 2 3 PART TWO STRATEGY FORMULATION 2. SM_Prelims.indd 17 Company Mission What is a Company Mission? 23 The Need for an Explicit Mission 24 Formulating a Mission 24 Basic Product or Service; Primary Market; Principal Technology Company Goals: Survival; Growth; Profitability 26 Company Philosophy 28 Public Image 29 Company Self-Concept 33 Newest Trends in Mission Components 33 An Exemplary Mission Statement 35 Boards of Directors 37 Agency Theory 38 22 25 2/8/2012 10:17:09 AM Contents How Agency Problems Occur 39 Problems That Can Result from Agency 39 Solutions to the Agency Problem 40 Summary 41 Key Terms 41 Questions for Discussion 41 Appendix A: Company Vision 43 Appendix B: BB&T Vision, Mission, and Purpose 3. 4. SM_Prelims.indd 18 44 Corporate Social Responsibility and Business Ethics The Stakeholder Approach to Social Responsibility 52 The Dynamics of Social Responsibility 54 Types of Social Responsibility 57 Corporate Social Responsibility and Profitability 60 Sarbanes-Oxley...
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...[pic] BUS/475 Sample Final Exam This Sample Final Exam is provided as a resource to help familiarize students with the content areas and types of questions that they may encounter when they complete the comprehensive BUS/475 Final Exam in Week Five. The student version of the sample Final does not include the correct answers (as marked below in red). Please feel free to share the sample final questions and answers with your students. |Accounting | |Financial accounting | | |Conceptual foundations | | |Income statement and statement of retained | | |earnings | | |Balance sheet | | |Statement of cash flows | |Managerial accounting | | |Cost concepts | | |Product costing systems | | |Activities-based costing | | |Cost, volume, and profit analysis | | |Budgeting (except capital budgeting covered | | |under finance) | | |Standard costing | | |Non-routine decision-making | |International accounting* | 1. Which of the following is NOT an element of manufacturing overhead? a. Factory employee’s...
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