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two partners are running a car accessories shop that mostly imports products from China. There are many similar shops in the same street and everybody is complaining of lack of sales. In the last week of December, his partner calculated some ratios that would help show the financial position of their business. his partner hates maths and doesn’t understand anything about accounting. He has come to you for help. Explain the following to him:
the partner has an Average Inventory Turnover Ratio = 1.23/yr. Explain to him what that means?
What are the three basic financial statements an entrepreneur must understand and explain what each one shows?
What do the different types of liquidity ratios show?
Why does an entrepreneur need to calculate a break-even point?
Explain the evolution of corporate governance. What problems developed? What are the current trends? What are the major criticisms of boards of directions? Which single criticism do you find to be the most important? Why?
In which areas do you see similarities to our approach to framing? Where do you see differences?
You have been approached by the editor of Gentlemen's Magazine to carry out a research study. The magazine has been unsuccessful in attracting shoe manufacturers as advertisers. When the sales force tried to secure advertising from show manufactur..
Implementation of such systems have a high rate of failure and often after such systems are installed the results may not be as desired.
Describe how organizations use various parameters to monitor supply chain performance and provide examples.
what are the components of discretionary benefits? provide two examples for each component of discretionary benefits. Describe ways that leaders use/misue power? How can power help managers/leaders accomplish tasks in an organization?
The salesprice is $90 and the time dependent storage cost is $12. What is the optimum base stock level?
What are some typical applications of crowd sourcing? What are some advantages of crowd sourcing?
Every business wants to earn a profit as we have often discussed. At what point, however, does corporate lobbying mean that that a company like Monsanto engages in poor ethical behavior?
An experienced purchase manager feels that moving average method would be most appropriate to make weekly sales forecasts of company’s main product.
It is well known that the Federal Government in general, and DoD in particular, discourages agencies from using the Time & Materials (T&M) contract type. Describe a scenario where the T&M contract type is likely to be the best contract type despite t..
Explain how project management knowledge and skills can be transferable across industries and professions.
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