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Problem
In today's global marketplace, business is conducted on every continent, in different currencies and in many languages. Even so, it is often said that accounting is the language of business.
1. When there are so many other options, why do you suppose accounting would be considered the language of business?
2. If accounting standards differ by country - and some do - what are your thoughts about how the phrase could still be true?
3. Thinking about your experience as a consumer, share an example of how accounting could be considered a language of business.
Skim over the article below about Southwest Airlines from 1996, then read the article from February of this year. What is the secret to the continued success of Southwest as a business?
reducing the long term plan outlook from 5 years to 3 years.in 2008 the country experienced a massive recession.
What steps can this company take to diversify its portfolio?
you work for centervale apparel a large clothing manufacturing firm. centervale apparel has budgeted 9.7 million for
Define the contrast principle, its value in the negotiation setting, and how it can contribute to a win-win outcome.
Review the scenario below and consider effective approaches in pursuing the sale. Submit a 1-2 page paper that describes how each of the attention-getting techniques below might be used to approach the customer
How the company aligns its benefits with its corporate values? How the company uses its own products or services to enhance the total compensation?
What do you recommend, based on the Expected Monetary value of each option? Why is that?
Explain what are the major differences between the two accounting standards? Explain what was your rationale for choosing a rule?
Describe how you would go about diagnosing an employee's performance problems. What are the factors that you should consider?
Explain the difference between a high- and a low-context language? What kinds of problems do you think that an individual from a low-context language may experience when negotiating with people from a high-context language?
Discuss the difference between an import tariff and an import quota as methods of restricting trade. Which of the two methods would you recommend to your government and why?
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