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Illustrate the term accounting?
Accounting:
It is an art of classifying and recording data. Here, the data considers to transactions consisting of monetary or financial values. As per this, accounting is merely an art and not a science. Such contention is held due to the fact which the principles and rules of accounting are not based upon general truths and natural laws as any mathematical or physical science. Accounting has its own laws that apply equally well within similar circumstances for same business transactions.
Business environment in strategic formulation A business strategy depicts how a specific business proposes to succeed in its preferred market place versus its competitors. It
On the 10 th of March 2009 Moot enterprise Ltd posted an offer to sell 1,000 set of encyclopedias to the Ministry of Education for the price of Rs 1,000,000 and that the offer wou
Stock out cost means the cost associated with not serving the customers. Stock outs imply shortages. If the stock out is internal ( that is in the production system) it woul
The importance of body language Any two reasons described. For example: Good communication skills are important to improve the level of customer services (thereby helpi
Question 1: Discuss the importance of applying the relationship-marketing concept to the marketing activities of Wal-Mart. Question 2: Explain how Wal-mart can monitor
Fred, a 17-year employee with Sam''s Sauna, was fired for poor job performance and poor attendance, after accruing five disciplinary penalties within a 12-month period under the co
It is an imperative that when formulating Operational plans the environments in which the business operates in are considered, identify the environments and the tools used to analy
Question : Mr X is president and general manager of AgriMark Inc., a successful and growing dairy cooperative that?s known for its high quality dairy products. Mr X is a deman
Illustrate the Optimism and Leadership of an entrepreneur? Optimism and Leadership of an entrepreneur: Optimism: They are highly optimistic regarding achieving their visio
Problem 1: (i) Describe the basic control process. (ii) Show whether control is always possible and necessary in an organization. Problem 2: (i) Using appropriate
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