technologies. C1.3. This statement is based on a statistical average from the historical data: The return on stocks in the U.S. and many other countries during the twentieth century was higher than that for bonds, even though there were periods when bonds performed better than stocks. So, the argument goes, if one holds stocks long enough, one earns the higher return. However, it is dangerous making predictions from historical averages when risky investment is involved. Averages from the past are not
Words: 103287 - Pages: 414
is concerned with so-called agency conflicts, or conflicts of interest between agents and principals. This has implications for, among other things, corporate governance and business ethics. When agency occurs it also tends to give rise to agency costs, which are expenses incurred in order to sustain an effective agency relationship (e.g., offering management performance bonuses to encourage managers to act in the shareholders' interests). Accordingly, agency theory has emerged as a dominant model
Words: 17274 - Pages: 70
Harvard Business School 9-196-123 Rev. May 10, 2000 Bed Bath & Beyond Strange as it may seem, there’s something romantic about housewares. Visit the giant Bed Bath & Beyond store in Manhattan on a busy Saturday and you’ll see all kinds of couples kissing and cooing as they discuss what size sofa pillows to buy or whether a certain set of burgundy towels will match their bath mats. It’s just one more bit of evidence that America has been in a cocooning mood the past few years. And few people
Words: 13498 - Pages: 54
2 Accounting Standards Learning objectives After studying this chapter, you will be able to: ♦ ♦ 1. Understand the provisions of the Accounting Standards specified in the syllabus. Solve the practical problems based on application of Accounting Standards. Introduction Accounting Standards (ASs) are written policy documents issued by expert accounting body or by government or other regulatory body covering the aspects of recognition, measurement, presentation and disclosure of accounting transactions
Words: 33476 - Pages: 134
INTERFACE 35 OPEN APPLICATION INTERFACE DIAGRAM 36 CUSTOMER MIGRATION 38 Computerized maintenance management or CMMS 39 Old methods provide limited benefits 46 Safety FACTORS Plans 49 ISO FACTOR 50 The Productivity Factor 51 The Cost Factor 52 7 Cost factors to CMMS Configurability 53 Areas of saving 54 Maintenance Efficiency 54 Increased Vision 54 Equipment uptime/ Efficiency 55 Improved safety and risk management 56 Waste in maintenance 57 Labour productivity 57 Waiting
Words: 19085 - Pages: 77
Fundamentals of Cost Accounting 3e William N. Lanen University of Michigan Shannon W. Anderson Rice University Michael W. Maher University of California at Davis FUNDAMENTALS OF COST ACCOUNTING Published by McGraw-Hill/Irwin, a business unit of The McGraw-Hill Companies, Inc., 1221 Avenue of the Americas, New York, NY, 10020. Copyright © 2011, 2008, 2006 by The McGraw-Hill Companies, Inc. All rights reserved. No part of this publication may be reproduced or distributed in any form or
Words: 73102 - Pages: 293
Table of Contents Index to Financial Statements UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2011 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-07434 Aflac Incorporated (Exact name of registrant as
Words: 87920 - Pages: 352
Motorola, Inc. 2008 Annual Report About Motorola We are a global communications leader powered by a passion to invent and an unceasing commitment to advance the way the world connects. Our communication solutions allow people, businesses and governments to be more connected and more mobile. Motorola (NYSE: MOT) has been at the forefront of communication inventions and innovations for more than 80 years. We have achieved extraordinary accomplishments along the way – such as making the equipment
Words: 94655 - Pages: 379
Prepared by: Lama R. Khreiss Advanced Quantitative Methods in Business – MGT 501 Neural Network Technique Outline * Overview ………………………………………………………….……… 4 * Definition …………………………………………………4 * The Basics of Neural Networks……………………………………………5 * Major Components of an Artificial Neuron………………………………..5 * Applications of Neural Networks ……………….9 * Advantages and Disadvantages of Neural Networks……………………...12 * Example……………………………………………………………………14
Words: 3829 - Pages: 16
Bill and Hold; Principal-agent; consignments; Warranties; Upfront fees. | 5, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30 | 13, 14, 15, 16, 17, 18, 20 | 10, 11, 12, 13, 14, 15, 16 | 1, 2, 3, 5, 6, 7, 8, 9 | 2, 3, 4, 6, 7 | 8. Presentation, Contract Costs, Collectability. | 30, 31, 32, 33 | 19 | 17, 18, 19, 20 | | 1, 2, 6 | *9. Long-Term Contracts | 34, 35, 36, 37 | 21, 22, 23 | 21, 22, 23, 24, 25 | 10, 11, 12 | 8 | *10. Franchising. | 38 | 24 | 26, 27 | 13 | | *Material is in the Appendices
Words: 25284 - Pages: 102
