Learning Team Reflection: Week 2 March 4, 2015 Jean Goodman Learning Team Reflection: Week 2 Arthur Anderson was a leading accounting firm in 2002 and the organization was destroyed that same year A number of mistakes were made by Arthur Andersen leading to the failure of the organization; these were portrayed in the case, “A Sad Tale: The Demise of Arthur Anderson”. Arthur Anderson became commonly known for the motto “Think Straight and Talk Straight” (Parrino, Kidwell, & Bates, 2012)
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............................. 2 Learnt and Understood Concepts ............. 3 Conclusion ................................................ 5 2 | P a g e Reflective Learning Piece Introduction As a businessman, there is a lot I wish to acquire from my MBA degree at Bond University and be able to apply to my business in order to help it. Apart from learning the operation of the economy, marketing skills and better management of finances, Managing People has been a subject that has formed a very
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OUTLINE OF MBA 520 Fall Semester 2008 Business Finance Instructor: Grant McQueen Teaching Assistants: Mark Cherrington & Office: 636 TNRB Christian Hsieh Phone: 422-3017 Office: 324 TNRB Office Hours: MW 2:00 - 3:00 p.m. Phone: 422-6835 e-mail: Office hours: forthcoming Home page: Course Description and Objectives This course introduces basic financial concepts all business managers should understand regardless of functional specialization. Topics include financial
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growth, profit maximisation, market share, diversification. 1.2 Describe the human and other resources required by a business, and relate the resources to corporate objectives. 1.2.1 Describe the inputs required by a business: labour, suppliers, finance, land, management skills. 1.2.2 Explain the relationship between organisational objectives and human resources. 1.3 Identify the needs and accountabilities of different stakeholders in a business and how their behaviour might affect the business
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Definitions for Finance FIN/370 February 24, 2014 Finance Definitions Finance – Is the study of people and business invest and raise capital to fund them. It is the study
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Accountants (AICPA). The purpose of this body is to establish accepted principles throughout the profession to assure third-parties that financial information they view is free of bias and inconsistency, whether deliberate or not (fasab.gov). The concept of double entry accounting dates back to the 1500s and is a very simple yet powerful
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shortcomings and failures of financial institutions and poverty alleviation and development programmes to meet the needs of needy small and poor borrowers kindle the micro finance concept. The impact of micro finance programmes on reduction of poverty is considerably encouraging in many countries. Many studies have revealed that micro finance has made positive impact on some socio economic variables like empowerment of women and Schedule Caste and Scheduled Tribes, child education, household nutrition. The
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homework assignment submission. Duplication, reproduction or display either physically or electronically for any other purpose without the author’s written consent is prohibited. Introduction The Course Project is an opportunity for you to apply concepts learned to a real-life simulation experience. Throughout the Course Project, you will assume that you work as a financial analyst for Aero Plain, Inc. The Course Project is provided in two parts as follows: Part I – In Part I, you work with Aero
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outline 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 Why study operations management? Definition of operations management Decisions at Pizza U.S.A. Operations decisions—a framework Cross-functional decision making Operations as a process Contemporary operations themes Key points Student Internet exercises Discussion questions Selected bibliography “What Is OM?” Vol. XI 2 Operations management, as a field, deals with the production of goods and services. Every day we come in contact with an abundant array of goods
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Question 1 Outline the management control system at Xerox. What are the key elements that make the system work? Management control system prior 1980 Xerox focused more on accuracy and rigid systems rather than listening to the customer’s need and preference. For them, their business activities have to operate according to their business plan. The controllers were the numbers people and there have been never sufficient data or analysis to support management decision. Xerox also did not take
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