...Business To Business Messages Karen Bennett Comm/470 July 30, 2011 Dr. Eckstone Business To Business Messages Business to business messages can be communicated through electronic mailing also known as email or memos. Emails and memos are the most widely used type of written communication (Roebuck & McKenney, 2006). The difference between an email and a memo is that memos are used for communication within an organization (Roebuck & McKenney, 2006). Emails should include salutations and closings since they are used to communicate outside of an organization. Emails and memos are used to request information, reinforce agreements, clarify previous messages, or deliver short reports about daily problems (Roebuck & McKenney, 2006). A business to business message should follow the communication process. It includes a description of the purpose, sender, receiver, message, environment, technology, noise, and feedback. Characteristics of an email or memo should have a clear subject line, conversational tone, proper organization of the message, conciseness, signposting, and care taken in expressing emotion (Roebuck & McKenney, 2006). The purpose of writing the email should be clear. The subject line tells the recipient the purpose of the message (Roebuck & McKenney, 2006). It can be the most important part of the message because it may determine if an individual will open the email or not (Roebuck & McKenney, 2006). The message should be read aloud to see...
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...Press release concerning CFO John Doe’s resignation XYZ company-Houston, TX. Release date: August 3rd, 2015. 12:00PM Mr. John Doe has vacated the Chief Financial Officer position at XYZ Company effective August 1st 2015. Mr. Doe, who has been with our company since 2005, handed in his resignation letter directly to the Board of Directors. He has not announced his future plans. We understand that the event of his departure is controversial, and our investors have many questions regarding the corresponding SEC investigation. Rest assured that we here at XYZ are working our hardest to resolve this matter and restore the trust our investors and the public at large have placed in us. We have always maintained absolute integrity and utmost professionalism in our ethical and corporate behavior, and we stand by that assertion today. We here at XYZ appreciate your patience and continued trust, and we hope that our relationship continues well into the future. Thank you. To: Alex Morgan, Manager Date: 8/3/2015 Subject: SEC investigation Mr. Manager. At this time we are under investigation for alleged revenue misappropriation by the Securities and Exchange Commission (SEC). We are legally required to turn over all appropriate and relevant accounting evidence to the SEC investigators who will be arriving at our corporate offices later today. Our major responsibility is to make sure that all our accounting personnel are available for the investigators...
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...harvested crops. Thomas Foods asks that you provide examples of how various hedging strategies could be implemented. The Controller of the company has no experience in this area and would need to understand the accounting treatment for whichever hedging strategy you select. Of significant importance to management is how any hedging strategy would impact operating income. =================================================================================== Case 2 You have been hired as a consultant for XYZ Research Co. XYZ Research Co. incorporated in 2010. XYZ ‘s business centers on developing new technology for interplanetary exploration. The company has many patents and has historically expensed all of the costs associated with obtaining their patents. The owners of XYZ Labs are unsure whether or not if any or all of its patent costs can be capitalized. They also are unsure if any impairment testing should be done periodically on their patents. You have been asked by the owners to look into these issues and provide the appropriate accounting treatment for patents. =================================================================================== Case 3 You have been hired as a consultant for ABC Investment Group. ABC incorporated in 1999 and manages investment portfolios for small to medium size companies. The Director of the company is not up to speed on how unrealized gains and losses as well as realized gains and losses on bonds should be accounted for. The Director...
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...CPA Report This memo has been prepared in response to Mr. Butterworth’s inquiry on behalf of the independent audit team reviewing XYZ Corporation, a wholly owned subsidiary of ABC Company. Specifically this memo addressed the methodology used to determine deferred taxes, the procedure for reporting accounting changes and error corrections, and the rationale behind establishing XYZ Corporation as a subsidiary. Also included in this memo, as requested, is a discussion of the responsibilities of a CPA, and the differences between a financial review report and a financial audit report. Methodology used to Determine Deferred Taxes Deferred taxes can be one of two different types of deferred tax entries, permanent or temporary. Permanent deferred tax liabilities are income generating events that do not incur tax liabilities, and thus a permanent adjustment to the financial reports is made to adjust for the discrepancy between income for tax purposes, and income for reporting purposes. A temporary deferred tax liability is a liability where taxable income is different from reportable income, but at some future point, the taxable income will reconcile to the reportable income (Kieso, Weygandt, & Warfield, 2007). Temporary deferred tax liabilities can result in either an excessive or insufficient amount of tax withheld in the current period, which will be reconciled at a later period. An example is the depreciation of a capital asset. If the book depreciation of a...
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...which individuals and businesses can now communicate accurately. The electronic media that surrounds the average consumer consists of television commercials, e-mail advertisements, Internet stores, paying bills and banking online, blogs, social sites, business ventures, and many other forms of electronic communication are taking over the way the world communicates. This paper will discuss E-mails importance, present three business-to-business messages taken from the text-book, analyze them and provide a message from ABC and an unfavorable reply XYZ Company sent. E-mails can be sent as a letter, memo, or as a document with an attachment. The convenience of e-mails is that the business has the option to send the message to one receiver or to multiple receivers simultaneously. The best thing about companies conducting business through e-mail is that the company will have a written record of the information sent. E-mail also allows a company to transmit complex information fast and conveniently in a matter of minutes across the world. In a descriptive analysis of the e-mail, an individual has multiple options to design the message in which he wishes to send. Analyzing message on Tobacco-free work facility This message was sent to stress out the risks of cigarettes in workplace; such as the fact that the Human Resource Department reported six out of ten employees hospitalized in the year before sending the message because of tobacco-related illness. Also to highlight the advantage...
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...Goodwill Impairment Analysis and Memo Below is a sample goodwill impairment analysis memo. If you need more detail analysis. Please free to contact us. —————————————————————————————————————- DESCRIPTION OF TRANSACTION Description of transaction giving rise to recording of goodwill. The acquisitions were accounted for in accordance with FAS Statement No. 141R which was codified under the “Business Combinations topic of the FASB ASC. Describe how the purchase price was allocated to assets acquired and liabilities assumed based on the estimated fair value at the date of acquisition. The allocation of purchase price included identifiable intangible assets and goodwill which was valued at the date of acquisition by an independent valuation firm, [Insert Valuation Firm Name Here] using generally accepted valuation practices. The “Intangible – Goodwill and Other” topic of the ASC provides that goodwill should no longer be amortized but instead tested for impairment at the reporting unit level. DESCRIBED ENTITIES Where headquartered. Description of business. GOODWILL IMPAIRMENT TESTING Under the “Intangible – Goodwill and Other” topic of the ASC, goodwill is required to be tested for impairment annually at the reporting unit level in lieu of being amortized. Also, goodwill is required to be tested on an interim basis if an event or circumstance indicates that it is more likely than not that an impairment loss has occurred. Examples of such events or circumstances...
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...• Part I: Business Writing Steps ❖ Analysis of the Problem ➢ Who is (are) your audience(s)? ✓ Store Managers ✓ Store Employees ✓ Consumers and Public ➢ What are your purposes in writing? ✓ present information regarding changes in retail store operations to three sets of stakeholders ➢ What information must your message include? ✓ explain adjustments that allow employees to come to work on fewer days a week in an effort to combat rising gas prices and save money on store operations ✓ Stores close on Sundays. ✓ Monday through Saturday, stores open an hour later and close an hour earlier. ✓ Full-time employees, including managers, work four 10-hour days a week. ✓ Part-time employees consolidate their hours in 1-, 2-, or 3-day workweeks, depending on how many hours they are scheduled to work. ✓ No stores are closing, and no new stores are opening. ➢ How can you build support for your position? What reasons or benefits ✓ an effort to combat rising gas prices and save money on store operations. ➢ Will your reader find convincing? ✓ yes ➢ What objection(s) can you expect your reader(s) to have? What negative ✓ Some people may not like working a ten hour day ✓ Customers may wish to shop on Sundays...
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...IT 500 Help With Memo Assignment Here is a general structure that you can use for your memo assignment. To: All Employees From: HR Department (or your name) Date: Today RE: My Memo Assignment XYZ... Opening lines would state what is being done, such as a policy on recording phone calls, monitoring emails, and so on. There is no minimum or maximum length here. Averages tend to be two or three paragraphs. Controversies Note the section heading. This helps to distinguish the text that you include to discuss controversies. As a hint, why is your topic controversial? What part of the opening paragraph stating the policies might someone find controversial and why? One may assume that stating “we are reading your email” is controversial, but why? Is it that the employees may expect such things to be private, but the company states otherwise? Best practice is to spell it out and not assume (even though in many cases the controversy may seem obvious). This is your chance to show critical thinking and analysis of why this is a controversy. Within the context of the memo, you can use writer’s prose to explain this to your employees if you want (not required, just a suggestion). Legislation Again, note the section title; this helps the reader distinguish your objective. Think of it in terms of you as an employee. If HR sends you a memo, you may not want to read an entire law word-for-word. Instead, consider mentioning a law by name, and giving a three- or four-sentence...
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...IT 500 Help With Memo Assignment Here is a general structure that you can use for your memo assignment. To: All Employees From: HR Department (or your name) Date: Today RE: My Memo Assignment XYZ... Opening lines would state what is being done, such as a policy on recording phone calls, monitoring emails, and so on. There is no minimum or maximum length here. Averages tend to be two or three paragraphs. Controversies Note the section heading. This helps to distinguish the text that you include to discuss controversies. As a hint, why is your topic controversial? What part of the opening paragraph stating the policies might someone find controversial and why? One may assume that stating “we are reading your email” is controversial, but why? Is it that the employees may expect such things to be private, but the company states otherwise? Best practice is to spell it out and not assume (even though in many cases the controversy may seem obvious). This is your chance to show critical thinking and analysis of why this is a controversy. Within the context of the memo, you can use writer’s prose to explain this to your employees if you want (not required, just a suggestion). Legislation Again, note the section title; this helps the reader distinguish your objective. Think of it in terms of you as an employee. If HR sends you a memo, you may not want to read an entire law word-for-word. Instead, consider mentioning a law by name, and giving a three- or four-sentence...
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...Business-to-Business Messages Comm/470 September 5, 2011 Business-to-Business Messages Business-to-business (B2B) messages are sent and received by the organizations, companies and business firms. These messages can be sent for various different purposes including invitations to do business, initiating a new business together, for joint ventures, and other reasons. Communication is extremely important for businesses that work in the virtual environment. The communication process includes the environment where the message takes place, the sender, the message that is created, technology used to send the message, noise, the receiver of the message, and the feedback that is returned. This paper will be analyzing three business-to-business messages using the communication process. The analysis should also include a descriptive explanation of characteristics that would improve the messages, including whether the message and technology were appropriate given the environment and purpose. A business-to-business message will be written to ABC Company asking to create a working relationship with XYZ Company; and write an unfavorable reply message to ABC Company. Analyzing Messages Businesses used different methods of communication when communicating with other businesses such as email, letters, memos, and proposals. The three messages that will be analyzed are going to be a business proposal, an invitation and recognition from other business. According to "Wisegeek" (2003-2011)...
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...regarding client acceptance INTRODUCTION Your accounting firm is a medium-sized, accounting firm in Malaysia, formed in 2012, mainly provides auditing and tax services. But it has recently had success in building the information-systems-consulting side of the business. Recently, your group has been assigned for the first time to perform audit engagement procedures for a small and medium-sized company in Malaysia. One of team member has been a senior auditor for the past three years. Your first assignment is to assist an audit partner on a client acceptance decision. The partner explains to you that the prospective client, Unggul Holdings Berhad, is a medium-sized textile company. The partner recently met the company's top management during an informal social dinner. The company Chief Executive Officer (CEO) indicated that, after some difficult disussions, the company has decided to terminate its relationship with its current auditor. The CEO explained that the main reason for the switch is to establish a relationship with a more nationally known accounting firm because the company plans to...
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...Memo Consulting The Ongoing Campaigns K. Alana Wallace HRMN 362 Professor Elizabeth Ross June 22, 2015 XYZ Company TO: Senior Management FROM: Human Resource Manager DATE: 6/23/2015 RE: Campaign As Human Resource Manager for XYZ Company I would like to enlighten senior management about company operations and managements professional conduct under the two significantly differing environments unionized and union free. As XYZ faces the union organizing campaign thoroughly understanding the basic differences, actions as well as statements allowed and prohibited is vital for management during the campaign because both the National Labor Relations Act (NLRA) and the Taft-Hartley Act prohibit employers from discriminating against employees for participating in union activities (NLRB.Gov n.d.). It must be understood viewpoints on operating in a unionized and a union free environment differ between employers and the success of XYZ during the union organizing campaign will greatly depend on management’s thorough understanding of the differing advantages. My overall mission is to make sure the XYZ makes the right decision for our company’s strategic goals both in electing for a union free environment and managements conduct when facing the union campaigning. Thank you, HR Director ...
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...Sample Memo Summary: This handout will help you solve your memo-writing problems by discussing what a memo is, describing the parts of memos, and providing examples and explanations that will make your memos more effective. Contributors: Courtnay Perkins, Allen Brizee Last Edited: 2011-05-17 05:29:24 TO: Kelly Anderson, Marketing Executive FROM: Jonathon Fitzgerald, Market Research Assistant DATE: June 14, 2007 SUBJECT: Fall Clothes Line Promotion Market research and analysis show that the proposed advertising media for the new fall lines need to be reprioritized and changed. Findings from focus groups and surveys have made it apparent that we need to update our advertising efforts to align them with the styles and trends of young adults today. No longer are young adults interested in sitcoms as they watch reality televisions shows. Also, it is has become increasingly important to use the internet as a tool to communicate with our target audience to show our dominance in the clothing industry. Internet Advertising XYZ Company needs to focus advertising on internet sites that appeal to young people. According to surveys, 72% of our target market uses the internet for five hours or more per week. The following list shows in order of popularity the most frequented sites: * Google * Facebook * Myspace * EBay * iTunes Shifting our efforts from our other media sources such as radio and magazine to these popular internet sites will more effectively...
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...Abstract 3 Company Background 3 Business Problems 3 High-Level Solution 4 Benefits of Solving the Problem 5 Approach 5 Technology Used to Augment the Solution 5 Conclusions and Overall Recommendations 7 High-level Implantation Plan 8 Summary of Project 8 References 10 Corporate Internal Communication for XYZ Company Abstract The business problem to be solved is how to improve business processes, employee engagement, business development, enabling global collaboration, enhancing project collaboration, and reduce IT costs for a greater opportunity and genuine, measurable success of the company. Company Background XYZ is a fully integrated engineering, architecture, construction, environmental and consulting firm with a multidisciplinary staff of more than 3,000 professionals worldwide. With annual revenues of $1.9 billion, XYZ is a network of highly skilled engineers. Founded in 1922, XYZ pitching their engineering solutions to municipalities across the country and putting to work its precise technical skills, their success continued for decades. The company needs to improve communications between corporate and employees at head office, its 55 regional office throughout the countries, and 3 branches outside the country. Business Problems XYZ needs access to timeous information to respond quickly to an uncertain business environment. The executives and managers are feeling overwhelmed by the huge amount of information generated by the company. In order...
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...to keep everyone on the same page at XYZ Corporation, I am writing this memo to inform you on the workplace surveillance that will take effect very soon here at XYZ. Electronic surveillance of workers has long been a source of dispute between employers, workers and unions. In the case of surveillance "on workplace ", the employer, or the owner may decide to install video cameras or other surveillance means to ensure, in particular, the personnel safety and protection of property in the company. Unions or employees, may in turn, appropriately, challenge the presence of these types of monitoring alleging that they constitute an unreasonable work condition or undermine the dignity or privacy of workers (ILO 2007). That whole debate is usually confined inside the company which implies that the only opposing parties are the employer and employee representatives, whose case usually get decided by an arbitrator. You may wonder if indeed there are controversies on this issue then why senior management or the CEO, pondering such idea. Well, it is because in the last quarter of 2014, XYZ Corporation has decided and entered into a contract for the installation of surveillance throughout our facilities in the North Eastern region of the United States. Just as we have promised you from the moment you joined XYZ Corporation you are an important stakeholder and as your CEO it is my duty to keep that promise and inform you the direction of the company. Although the installation will take...
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