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Assignment: Prin of Management
Imagine that you are a member of management at a successful high-end adult clothing and accessories retailer that is considering launching an exclusive line of high-end children's clothing. This is a new venture for your company, which has until now been focused completely on the adult market. Before committing resources to fully developing a plan for the proposed children's clothing line, you have called for research that will help you better understand your potential customers as well as the competitive environment.
In an essay:
1. Describe the issues that the research should explore. What would you want to know about potential customers and the competitive environment?
2. Explain why this information would be needed before you develop a plan for the proposed line of high-end children's clothing. How would this information be used to make better decisions?
Provide details of your 'scope of engagement' (i.e. what exactly were you instructed to do). Critically analyse the current understanding of CSR, referring to academic literature and industry standards.
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Perform a risk analysis of Flash Technologies and document your findings in a written report. Auditors are required to specifically assess the risk of material misstatement whether caused by error or fraud.
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What costs are a firm trying to balance when it decides on how much safety stock to hold? What are some accounting changes that a firm should make if it decides to implement a JIT inventory management system? Why are those changes necessary?
Evaluate the amount of allowable loss deduction each shareholder would be able to recognize on their individual 2002 tax returns.
At July 31, Kuhlmann Company has the following bank information: cash balance per bank $8,069, outstanding checks $856, deposits in transit $1,500, and a bank service charge $26. Determine the adjusted cash balance per bank at July 31.
How large would the salvage value of the automated equipment have to be to make the investment in the automated equipment financially attractive?
List and discuss what should be included in an audit program for the BSF Ltd. Your program should include general coverage plus the specific items covered above
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