corporations. c. organizations. d. managerial hierarchies. e. centralized units of operation. 2. Which of the following is an example of an organization? a. The Department of Education b. Princeton University track team c. Starbucks d. Swoopo, online auction site e. All of these choices 3. Amy, Frank, Puz, and Tiaro started a Bible study group. They are engaged in a. starting a corporation. b. starting an organization. c. creating a managerial hierarchy. d. creating a bureaucracy.
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Students’ Self-reliance. ABSTRACT This paper discusses office technology and management as a catalyst for students’ self-reliance. The core of the paper is that when students who are considered future leaders are empowered, it subsequently leads to the social, economic and political growth and stability of any nation. Office technology and management formerly known as secretarial studies is proffered as the catalyst education for students’ self-reliance based on all spheres of human endeavour. It guarantees prompt
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1 1. | Controlling involves the coordination of daily business functions within an organization. True False | 2. | Measuring the performance of managers and subunits is not an objective of managerial accounting. True False | 3. | Middle-level managers would likely be considered internal users of accounting information rather than external users. True False | 4. | A controller is normally involved with preparing financial statements. True False |
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In their theories of how a business should operate, R. Edward Freeman and Milton Friedman hold virtually opposite beliefs as to what businesses’ responsibilities should be. In favor of the Stakeholder theory, Freeman believes that any person or organization that has a “stake” in the business should also play a role of participation in the business’s actions and decisions. In the other corner of the ring stands Milton Friedman, who holds the belief that said business is only responsible for those
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Assignment 2: Essay Small Business Image and Enterprise Word Count: 1497 Small businesses have been distinguished as those that employ fewer than 20 employees, by the Australian Bureau of Statistics (ABS)(1997), however this definition varies depending on the source, from more or less employees or by annual revenue (Connolly, Norman & West 2012). Historically, small businesses have also had a negative view within the Australian communities, largely due to the failure
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solve adverse selection and moral hazard issues resulting from imperfect information within the company and with external parties which could result in a lower profitability of the business operations and a lower efficiency in the capital accumulation cycle. So one can argue that accounting is the backbone of the business financial world. The major functions of accounting and their use for society can be divided into two broad categories, which will be discussed in the following paragraphs. The first
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Economics Theory 1. Describe The Fundamental Economic Problem? Any economic system has to deal with some fundamental economic problems. These problems are common to all economies. The following list gives the Four most fundamental economic problems faced by any economy. 1- What to produce? 2- How much to produce? 3- How to produce? 4- For whom to produce? How these problems are dealt with differ from one economic system to another. OR The fundamental economic problem is simply the problem
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F.W. Taylor contributed a number of principles and features of management thought that adhered to his new concept of approaching management thought scientifically. He was one of the founders of management thought theory and is considered the father of scientific management. His ideas were developed and used for decades after the concept was created. • Principles of scientific management. Taylor believed that scientific management consists of a philosophy that results in a combination of four main
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Q1. What is ForeignDirect Investment ( FDI)? What are the Theories of FDI? What Are the pons & cons , Cost/ benefitr fro the cost country n home country? Answer: Foreign Direct Investment: FDI occurs when a frim invest directly in facilities to produce or market product in a foreign country. The Theories of FDI: Theroies of FDI may be classified under the following------ 1. Production or product Cycle Theory of Vernon 2. The theory of Exchange Rate on Imperfect Capital Market 3.
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IIBM Institute of Business Management Distance Learning Approval, Accreditation, Membership MBA IIBM | From the Director's Desk Dear Students, Gone are the days when open distance learning (ODL) courses by institutes merely offered a correspondence course for a Bachelor's or a Master's degree. This concept has indeed come of age and is nearing its demise with its pair of foot all set for the liberated celestial journey with no possible signs of reincarnation. In this knowledge and information
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