strategic planning and management system that is used to align business activities to the vision statement of an organization, improve internal and external communications, and monitor organization performance against strategic goals. It was originated by Robert Kaplan (Harvard Business School) and David Norton as a performance measurement framework that added non-financial performance measures to financial performance measure to give managers and executives a more balanced view of organizational performance
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Morningstar Document Research FORM 10-K ORACLE CORP - ORCL Filed: June 28, 2011 (period: May 31, 2011) Annual report with a comprehensive overview of the company ® ℠ Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ⌧ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended May 31, 2011 OR � TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE
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operational. Strategic goals are set at the top of an organization and directly supports the mission statement. Strategic goals are related to the entire organization instead of any one department. Some of the strategic goals that fall under this category are productivity which involves the reduction in manufacturing costs or the increases in output. The efficient uses of physical assets and financial resources, such as human resources. The profits in terms of the returns on assets or the market value
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its analysis of financial reports for years and half-years ended 31 December 2011. Although the regulation of financial reporting in Australia is in a high standard, the ASIC still found some flaws, at a result the ASCI published its areas of new focus for 30 June 2012 financial reports (ASIC 2012). Since the Board was care about whether the annual report of the company has complied with the Australian Accounting Standards Board (AASB) or/and ASIC requirements, the Chief Financial Officer (CFO) authorised
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Qualification structure and syllabus CIMA Chartered Management Accounting Qualification 2010 December 2008 Contents CIMA now designs its qualifications in what we believe to be a unique way. Based on rigorous international primary research with all of our key stakeholders and involving the participation of over 6,000 individuals and organisations – members, students, employers (both existing and potential), CIMA tuition partners, universities and our examiner and marker team – we have designed
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of a company.................................................................................................8 3. Relationships between companies and their financial management, and other links of the financial system.....................................................................................10 4. Financial statements (accounts) of companies and the information contained in them..........................................................................................
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helped Macy’s to continuously grow and remain competitive over the past 150 years. Mission Statement "Our goal is to be a retailer with the ability to see opportunity on the horizon and have a clear path for capitalizing on it. To do so, we are moving faster than ever before, employing more technology and concentrating our resources on those elements most important to our core customers. " Vision Statement "Our vision is to operate Macy's and Bloomingdale's as dynamic national brands while focusing
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knowing where you want to go, creating details on how to arrive are meaningless. Strategic planning defines the "where" that your company is heading. Mission Statement According to ( Businessdictionary.com 2013), a mission statement is “A sentence describing a company's function, markets and competitive advantages; a short written statement of your business goals and philosophies” Strategic planning starts with defining a company mission. A mission is important to an
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Marketing Principles and Analysis MKT 305 Winter Quarter 2014-2015 Instructor: Bill Froese Office Location: See Blackboard Office Hours: See Blackboard Phone: 224-616-4789 Email: wfroese@robertmorris.edu Course: MKT 305 Quarter Hours: 4 COURSE DESCRIPTION: This course will introduce students to key marketing principles including the marketing concept, management of the marketing mix (product, price, place and promotion), analysis of the external environment, ethical issues
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Week 1: Introduction to Financial Accounting & Key Financial Statements Define Accounting Accounting is the process of identifying, measuring, recording and communicating economic information to assist users to make decisions. “Accounting is the language of business” – Warren Buffett Users are able to make better, well-informed decisions with the correct and sufficient information provided * The CEO salary is regarded as an expense on the financial statement as it is a deduction and it reduces the
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