Incentives in the form of gift certificates are a better option than giving cash rewards to stimulate the interest of employees and to motivate them in performing well in all fields of their activity. Over and above the salary that is payable to employees gift certificates cater excellently in boosting...
Purpose of Report BluJay Aviation Inc. has been a successful business and entering into a new business requires assessment of the impact that the decision can have on the existing business and future possibilities of business expansion. The following report contains important findings related to the potential retail business which...
Introduction James weber, in “Adapting Kohlberg to enhance the assessment of managers’ moral reasoning,” analyses how Moral Judgment Interview and Standard Issue Scoring method can be adopted by managers in modern organizations. To identify the moral reasoning of managers, the author focused on four points concerning the adaptation process. However,...
Introduction Brad’s suggestion to extend the life of the aircraft from an original estimate of 15 years to 20 or 25 years goes against financial policies in accounting systems. Studies on the fields of accounting reveal that the preparation of accounting information is the main duty of accountants. The application...
Thesis The spirit of full employment should be such that workers ought not to earn their living from any source. However, they should be provided with an abundance of job choices alongside decent working conditions and good pay. Reason 1: Establishment of individual sense of security plus self-worth One of...
Theory of Comparative Advantage and the Need for International Business The theory of comparative advantage was developed by David Ricardo in 1817 to explain that international trade is a result of comparative advantage (factor endowments or technological progress) rather than absolute advantage. According to the theory, international trade takes place...
Introduction The experience is about teamwork within the work environment. Teamwork within the workplace could be defined as an agglomeration of individual contributions focused on achieving a common purpose within the organization. The management team understood the fact that success from teamwork was generally dependent on the consensus of belief...
CEO (Utilitarian): The scandal that occurred is related to Haute Couture, Inc. though we claimed to bear social responsibility in our subsidiaries. Public relations are an important section of our company aimed at making people aware of our activities with regard to those activities. In the wake of new allegations...
Good cash management practice is the lifeblood of the business in today’s uncertain economy with ever-rising interest rates. Therefore, the cash collection strategy should often be reviewed to enhance the organization’s main cash collection sources. According to Bragg (2005), a periodic review of the company’s policy on cash should be...
Effective communication is focused on creating openness between the senior and the junior staff. It results in enhanced employee involvement and a rise in productivity. It also makes employees feel like a part of the process rather than as means of something. The latter one can largely limit the performance...
In the corporate environment, benchmarking helps organizations to rate their performances against those of their competitors. Consequently, benchmarking is a viable tool for propelling an organization to great heights. For instance, benchmarking can aid an organization in establishing its internal goals, pointing out market opportunities, exploiting competitors’ weaknesses, and creating...
John’s decision John can decide to complete the financial statements under the United States Code 446 regarding special rules on accounting methods (Burnham, 2002). However, the application of this code and set of accounting methods require permission from the Internal Revenue Service (IRS). Alternatively, John may request Sue to provide...
Information systems play a critical role in harnessing modern accounting practices. Information systems refer to all formal processes that are involved in the collection, processing, and distribution of data. In accounting, information systems are used to “collect, store, and process financial and accounting data and produce informational reports that managers...
Introduction: Gift card breakage Breakage is an accounting term that is used to show that gift cards sold out but have not been redeemed. Consumers are fond of gift cards because they are more “handy” when one is in a dilemma of what to give to a special individual. They...
This analysis is the study of the performances of Micro Chip Computer Corporation. In the process of studying the sales growth, I prepared year-to-year percentage annual growth and forecasted income statements for 2009. Based on the analysis that was performed, inferences have been made. The year-to-year percentage annual growth in...