* Describe the purpose of an EFAS Table External Factors Analysis Summary also referenced as EFAS, reflect in its list of five columns the Opportunities and Threats the company faces. Opportunities and threats are represented in the first column. The weight assigned to the factors mentioned are presented in the second column, and are the combined weight totals of the external factors equaling 1.0. The company’s response to these external factors are rated in the third column and are represented
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Constructs with Opposite Effects on Auditor Objectivity’’ (Herda and Lavelle 2015), which examines how individual auditors’ identification with, and commitment to, privately held audit clients affects their objectivity. Based on a survey of 102 external auditors, we find that client identification is distinct from client commitment. This distinction is important because identification as a construct is easily and often confused with commitment, and the terms are often used interchangeably. Client
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How to improve and maintain the independence of external auditors Auditor's responsibility is to give advice based on the company's annual financial statements. A company will work with the auditor's annual report of the decision. So this is an important auditor to provide accurate reports. (Dr Jill, Professor Robin)[online] An independent auditor to give the opinion that is no other factors. It includes human, economic, monetary, and so on. Their view is that there is no limit, and give them the
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specifications for all the job positions, and conduct Job Evaluation of all the jobs using the Point Method. To do the point method we need to identify and define the compensable factors on which we will do the evaluation, then justify why we have chosen those factors, decide the scale for the factors, assign weight to the factors, then justify why we gave such weight. At last, from the result, we need to prepare a job structure. 1. Objective: The objective of the report is to have the real
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Rivalry Among Existing Firms A competitive move by one fir can be expected to have noticeable effect on its competitors and thus may cause retaliation or counter efforts. According to porter, intense rivalry is related to the presence of several factors, including: * Number of Competitors * Rate of Industry Growth * Product or Service Characteristics * Amount of Fixed Costs * Capacity * Height of Exit Barriers * Diversity of Rivals 3) Threat of Substitute Products
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American Journal of Industrial and Business Management, 2013, 3, 229-236 http://dx.doi.org/10.4236/ajibm.2013.32028 Published Online April 2013 (http://www.scirp.org/journal/ajibm) 229 Organizational Structure: Influencing Factors and Impact on a Firm Quangyen Tran1,2, Yezhuang Tian1 School of Management, Harbin Institute of Technology, Harbin, China; 2National Economics University, Hanoi, Vietnam. Email: yentq@neu.edu.vn Received November 3rd, 2012; revised December 17th, 2012; accepted
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The Anonymous Caller Recognizing It's a Fraud and Evaluating What to Do[1] Learning Objectives • After completing and discussing this case you should be able to • Appreciate real-world pressures for meeting financial expectations • Distinguish financial statement fraud from aggressive accounting • Identify alternative actions when confronted with suspected financial statement fraud • Develop arguments to resist or prevent inappropriate accounting techniques
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employees, business partners, stockholders and our community for the realization of our corporate cause. MISSION VISION VALUE CURVE & KSF 10 9 8 7 6 5 4 3 2 1 0 Branding Reach Product Development Market Research Value Splash MNCs Key Success Factor KSF Product Development Market Research Price Reach Branding 30% 50% Old Metrics(MNC’s only) 20% New Metrics(With Splash) 25% 25% 15% 10% 25% PERCEPTUAL MAPPING OF SPLASH Perceptual Map of the Skin Care Industry in the Philippines Cheap
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Evaluate how external factors, over a specified future period, may impact on the business activities, strategy, internal structures, functional activities and stakeholders of a specified organisation (D2) External factors could affect the business through a number of ways. With the upcoming events both businesses will be affected through one way or another. The businesses will need to change how they work in order to survive these changes. During the next 5 to 10 years there will be big changes
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selective screening when seeking potential customers. Within the model he should focus on the external factors that relate to his organizations goals. These factors consist of as size, intensity, contrast, motion, repetition and novelty and familiarity. Then, internal factors should be infused into the equation, these factors include personality, learning, motivation. Combined, both internal and external factors create importance of perception into employees. Mr. Salatino is responsible as an effective
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