Computerized Accounting Computerized Accounting Over the past two decades the way accounting data is entered, stored and processed has changed considerably. This is due to the introduction of computerized accounting packages. It is no longer necessary for large companies to have huge store rooms full of ledgers and records. Instead all information can be stored in computer hard disks. Accounting packages give many advantages over manual systems, for example entries do not have
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out the | | |The Five-Step Training and Development Process |importance of new employee orientation and lists some of| | |Training, Learning and Motivation |the important things
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Organizational structure refers to the way that an organization arranges people and jobs so that its work can be performed and its goals can be met. When a work group is very small and face-to-face communication is frequent, formal structure may be unnecessary, but in a larger organization decisions have to be made about the delegation of various tasks. Thus, procedures are established that assign responsibilities for various functions. It is these decisions that determine the organizational structure
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Typically Covers 7 Regulatory Agencies 8 Accounting Reform 10 Conclusion 13 References 15 Abstract Within the accounting profession there are many complex ethical issues that must be dealt with quite often. It is important that the people working within the industry provide high quality financial statements and always pay close attention to ethical concerns that may arise. Since ethics is such a major concern in the accounting industry, a rules based system is in place
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Unit 1 . Fundamental Concepts about and Evolution of Management Thought 1.1. Introduction In any teaching-learning process, the development of concepts is essential and fundamental. As a field of study, management requires the development of concepts. Unless the most basic concepts of a field of study are developed at the outset, the teaching-learning process of a particular field of study would be difficult to carry out. Therefore, the first unit of this material aims at developing the most fundamental
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Effective management of the cross-cultural interface is a critical source of competitive advantage for a multinational firm. Using suitable theories, analyze why an understanding of the cross-cultural interface was important for Motorola’s success in China. The Chinese people’s culture had to be understood in order for Motorola to succeed in China. Planning was essential to entry of the company onto the Chinese market. It required setting objectives and then formulating programs and procedures
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out the | | |The Five-Step Training and Development Process |importance of new employee orientation and lists some of| | |Training, Learning and Motivation |the important things
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functional areas” (Slide Share, 2014). There is no fixed rule in determining what main functional areas of business are. However, successful structured organizations incorporate the functions listed below: - Human Resource Management - Leadership - Accounting - Finance - Economics - Research and Statistics - Operations Management - Marketing - Strategic Planning This is a large list, and it covers the mains aspects of business and each function has a unique definition. For example, “human resource
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An Improved Pedagogy of Corporate Finance: a Constrained Shareholder Wealth Maximization Goal by Michael R. Santos , Gina Vega , John T. Barkoulas INTRODUCTION Bloom's taxonomy (1956) has guided pedagogical structure and innovation for half a century in the United States, and its focus on developmental learning remains relevant and instructive for us. The six developmental levels (knowledge, understanding, application, analysis, synthesis, and evaluation) separate basic knowledge acquisition
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major ideas in this chapter that should be emphasized in class lectures: 1. Over the past one hundred years, the importance of managerial communication has increased as the role of the manager has evolved. Contemporary managers are successful only if they have communication competencies. This concept can be explained by reviewing the history of the managerial role in the twentieth century, and identifying the communication behaviors that managers used in each era. Ask students to describe
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