Fi FINANCIAL STATEMENT ANALYSIS (section 2) ch 19 -creditors and investors use financial statement analysis to predict expected return and assess risk (variability in the return) HORIZONTAL ANALYSIS: -the study of percentage changes in comparative statements -eg. identifying that sales increased by 20% since last year is more useful than knowing sales increased by $20,000 -can be used to calculate all figures (including COGS, expenses, etc) -don’t calculate a percentage change
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Samantha Chavis Professional Writing and Composition Individual Project Phase 3 As you may have heard out project design has been approved and to ensure that this process goes as smooth as possible I have come up with a couple of communication plans. I will discuss some communication techniques for successful development and delivery of a new product. I have written this on hope to make this a smoother process and keep the lines of communication open. Our goal is to
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B1. Analyze Simulation Results A budget is a financial plan which is expressed in real numbers, typically in monetary units, which set the expectations for the expenses the company will incur to reach its goals, and management objectives. A good budget uses forecasts to determine what amounts should be used to reach desired efficiency and profitability. Budgets can be used to determine whether a not a process is working effectively, whether or not changes in operations need to be made in order
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Testing is a process used to help identify the correctness, completeness and quality of developed computer software. With that in mind, testing can never completely establish the correctness of computer software. [pic]There are many approaches to software testing, but effective testing of complex products is essentially a process of investigation, not merely a matter of creating and following rote procedure. One definition of testing is "the process of questioning a product in order to evaluate
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quantitative terms • establishes objectives for revenue inflows and cost outflows • provides guidelines for future operations • serves as a basis for performance appraisal DESCRIPTION OF BUDGETING Budgeting and Planning and Control 1. A budget is a plan of action expressed in financial terms. 2. Budgeting is a planning and control tool used by managers. |Identify objectives. |Compare actual results with budgeted (planned) amounts.
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SRM UNIVERSITY (Under section 3 of UGC Act, 1956) FACULTY OF MANAGEMENT SCHOOL OF MANAGEMENT MBA FULL TIME CURRICULUM AND SYLLABUS - 2013-14 1 Code MB 13101 MB 13102 MB 13103 MB 13104 MB 13105 MB 13106 SRM University MBA - Revised Curriculum - 2013-14 Semester –I Thinking and Communication Skills (Practical) Accounting for Decision Making Philosophy for Management Economics for Managers Managerial Statistics Managerial Skills (Practical) Semester-II Financial Management Management
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TABLE OF CONTENTS * Executive Summary 2 * Introduction 3 * Cash Budget 3 * Operating Budget 3 * Budgeting Administration 4 * Behavioural Aspect of Budgeting 4 * Participative Budgeting 5 * Top Down Process 6 * Bottom up Process 6 * Budgetary Slack 6 * Frequent feedback on Performance 7
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rltnshp with customer & facilitates placement of orders • • Support Process ! provides vital resources & inputs to core process (e.g. Info System, budgeting, evaluation & compensation) Operations Strategy ! operations implement firms corporate strategy & help build customer driven firm Corporate Strategy •
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2 6 Explanation of the role of advertising in an integrated promotional strategy for Kellogg 6 Explanation of branding and how it is used to strengthen a business or product 7 Review of the creative aspects of advertising 7 Examination of ways of working with advertising agencies 8 Task 3 8 Explanation of primary techniques of below-the-line promotion and how they are used in an integrated promotional strategy by Kellogg’s 8 Evaluate other techniques used in below-the-line promotion
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| |LO1: Explain how budgets facilitate planning and |A1,B1 | | | | |coordination. | | | | | |LO2: Anticipate possible human relations problems | |25 |40 | | |caused by budgets.
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