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As learned in this chapter, accountants and financial analysts around the world have agreed to use XBRL to format financial statements and other reports. In about 200 words, outline the advantages that companies and financial analysts obtained by using the XBRL standard to replace printed reports and data formatted for download into spreadsheets software (such as Microsoft Excel). You can research this subject in your school library or online using your favourite search engine and the links provided for this exercise in the Web links.
What is the difference between line personnel and staff personnel? Why are the two groups so often in conflict? Do you think this would also be true in a virtual organization? How would you minimize the conflict problem?
A company produces two products, A and B. The unit revenues are $2 and $3, respectively. Two raw materials, M1 and M2, used in the manufacture of the two products have respective daily availabilities of 8 and 18 units. Determine the optimality condit..
What are some processes and techniques that you would suggest to make the budgeting process work well? Start with general but also provide some specifics as relate to creating detailed project budgets. Be sure to justify why you think your recomme..
Discuss capacity planning in services industries and how labor capacity constraints can be managed in a service organization. Please provide specific examples.
For the corporation that operates internationally, briefly evaluate its international business-level strategy and international corporate-level strategy and make recommendations for improvement.
Summarize the job description, including primary duties. Analyze any performance expectations presented in the job description. If performance expectations are presented, explain whether they are defined appropriately. If they are not presented, e..
In 2005 GE released its Evolution Series locomotive engine. Estimated fuel savings were roughly 1,000,000 gallons per year. At the time of its release, GE and other competitors were selling numerous locomotives priced near $2 million. What is the ref..
An assembly line with 17 tasks is to be balanced. The longest task is 3.1 minutes, and the total time for all tasks is 24 minutes. The line will operate for 434 minutes per day.
Producing movies, software, management consulting, breakfast cereals and school of business are domestic industries in what kind of international strategies?
Describe the main characteristics of Product-Focused and Process-Focused production as well as their advantages and disadvantages.
Discuss a situation when a leader refused to change their leadership style or did not recognize a need for change in order to achieve desired results. What were the reasons for the change? What were the results?
A manufacturing process has a fixed cost of $150,000 per month. Each unit of product being produced contains $25 worth of material and takes $45 of labor.
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