This is a part of a Discussion Question that one of my class mates posted about his selected company. Please respond by adding to his assessment of the company in accordance with their performance and growth over the life span considering their time in the industry.
Category: Business and Management
A product passes through two processes A and B in the manufacturing process. The information related to the input and output for each process is given below:
9,500 units were issued in Process A at a cost of $10 per unit.
Process A Process B
Material added $29,000 $27,420
Direct Labour $13,000 $11,820
Overheads $9,775 $9,000
Normal loss 5% 4%
Normal loss scrap value $5 per unit $6 per unit
Output 9000 units 8700 units
From the information given above show the recordings in the:
i. Process A account, show all working
ii. Process B account, show all working
Please read the instructions attachment carefully. Please read the case which are attached as page 1 and page 2.
Requirements:
A descriptive title.
A short executive summary with a bulleted list of the main points.
One, two or (up to) three paragraphs for each for the 3 questions above
Write your document as if you writing to partner of your audit firm to document the audit file.
Answer the following questions: (I have attached useful information for each question to guide you on how to answer the question)
1.Review FASB Topic 606 – “Revenue from Contracts with Customers” to summarize the core principle for recognizing revenue and briefly describe the five steps needed to achieve the core principle.
2.Was the core principle of FASB Topic 606 achieve in this case situation? Explain your reason for why it was or why it was not.
3. In your own words, explain the company’s reasons for recording $5.8 million as current revenue while recording the remaining $1.2 million as deferred revenue. Please include in your explanation on which financial statement the deferred revenue account would be presented and why this is appropriate.
Please answer the following questions using the sources that I provided.
1. Consider a firm that is considering marketing its innovation in multiple countries. What factors should this firm consider in formulating its protection strategy?
2. Can you identify a situation in which none of the legal protection mechanisms discussed (patents, copyrights, trademarks, trade secrets) will prove useful?
Research a leader that you are interested in. PICK ONE THAT IS NOT IN THE DISCOVER YOUR TRUE NORTH TEXTBOOK. Write one typewritten page including the following information:
*1) A summary of the leader’s life and work;
*2) His/her leadership style;
*3) What you admire or do not admire about the leader;
*4) What is the leader’s worldview and how has it affected their work? You may want to do a quick review of the worldviews in your textbook (Sire) for ideas for this question.
Describe how the following leadership strategies effectively foster collaborative environments. Describe use of these strategies in clear detail, list 3 examples how this strategies can help cultivate collaboration in the workplace:
1. Greenleaf’s Servant Leadership
2. Kants Theory of deontology
4. Blake and Moutons Managerial (Leadership) Grid
Cite original theorist’s works ONLY.
Please type 2 pages = 550 words
Client:
Your client is Broadway Rose. Keep in mind that Broadway Rose is a Not-for-Profit, which means that while “profits” are still handy and welcome (to be rolled back into the organization), “profits” are not a primary goal of the organization in the long run.
Deliverables:
A Feasibility Analysis of each option you can offer Broadway Rose, using the Five Feasibility Model as a starting point. Identify issues that raise questions about the current limits of feasibility with each option or that offer opportunities to make the option more attractive in terms of feasibility, so you can discuss this with your client.
An organizing framework (based on CBfitR) of the Decision Criteria that you feel will inform your best recommendation between the options (the Feasibility Analysis should directly help you do this). Use the opportunity to decide what criteria will be most important, in-between and less important. If you want to show how the decision criteria lead to a choice based on the weights/importance you have described that is fine, but not necessary! In other words, if you know how to do a decision matrix, that’s fine but it’s not expected and it won’t get anyone extra credit so focus on delivering something that will encourage the client to discuss whether these are the right decision criteria and whether the weightings make sense.
1) READ THE VALK ET AL. ARTICLE ON “WORLDVIEWS AND LEADERSHIP.” THEN WRITE A 3/4 PAGE SUMMARY OF THE ARTICLE AND A THEN 1/4 PAGE OF YOUR THOUGHTS ABOUT THE ARTICLE.
2) GOOGLE “LIST OF CHRISTIANS IN SCIENCE AND TECHNOLOGY” FROM WIKIPEDIA. Go to the Current Day and read about a current day scientist. Then write 1/3 page describing this scientist and their work. This is a follow-up to the lecture on Science and the Christian Faith from our last class. You will share about the scientist that you read about at our next class.
For an Singapore Airlines and Aviation Sector, undertake horizon scanning1
to identify the key
challenges in relation to managing people and organisations which are being faced in 2020, and those likely to be faced in 2023 and then in 2033 also indicated Post Covid-19 scenarios.
Analyse how globalisation, technological change, and longevity may create particular challenges and/or opportunities for the:
Individual and teams in the workplace
Strategic Management of People
Managing Change and Performance
Managing across cultures and organisations
as well as ways in which they might interact2
. This might seem like a substantial piece of work, but it is
intended merely to provide a context for the main part of the assignment, and for that reason you are
encouraged to work collaboratively in your learning groups, over the course of the module.
Part 1 (c. 1000 words):
The complete horizon scanning should be included as an appendix, and a brief summary should be provided
as the first section of your assignment.
Part 2 ( c 1500 words)
From the horizon scanning, select one or two key areas which you have identified as both important and
likely to be changing over the three time periods. Drawing upon relevant literature, identify the ways in which
1 Use whichever approach you find most useful but frameworks like PESTLE etc. may be
helpful.
2 There is a risk of sliding into sci-fi speculation here, and it might seem like an impossible task. But imagine
if wed done this exercise with the class of 2008, wed have been asking them to look forward to 2012 and
2022. Lots has happened since 2007, much of it unexpected, but we havent yet moved into the era of hover
cars or Martian colonies.
the organisation and/or sector might need to respond, citing theory and research to support your
suggestions.
You will create this assignment following the Assignment Detail instructions below.
Review the tutorial How to Submit an Individual Project.
You are the president of XYZ Manufacturing company. You have recently learned about the following issue:
A month ago, the companys general manager (GM) told one of the line managers to produce an extra 15,000 units of a product so that there would be inventory in stock for the next time the item is ordered. Last week, the GM scolded the line manager for having 15,000 units of the item in stock. The GM told the line manager that producing excess inventory costs the company money and should never be done. The GM then puts the line manager on a performance plan. This is not the first time you have heard about the GM telling an employee to do one thing only to criticize him or her for doing it later.
This employee feels very frustrated by this, but does not want to make a formal complaint because she has seen other employees lose their jobs or get demoted for questioning the GM.
Create an outline that proposes a leadership solution to this issue. The outline should address the following:
How the culture of the organization contributed to this issue
How the structure of the organization contributed to this issue
A plan to change organizational culture while maintaining the current structure of the organization
A coaching plan to help the general manager change this behavior and improve his leadership skills
