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Im Too is a software program that allows the user to copy or "rip" DVDs so that they will play on another electronic device. What happens is the format on the DVD is changed and copied to your computer or other device and is then available to use on that device. This saves the need to buy separate movies or media for several types of electronic devices. The possibilities provided by the current edition, the Im Too DVD Ripper Ultimate, gives the consumer the option of converting DVD t...
Filofaxusa.com is the US affiliate for Filofax organizers. Filofaxusa.com sells the complete range of Filofax organizers, calendar refills, organizer paper & essentials, as well as Filofax pens and leather bags and accessories.Filofax is a company based in the UK that produces a range of well known personal organizer wallets. The organizers are traditionally leather bound and have a six-ring loose-leaf binder system. The design originated at Lefax, a United States company based in Philadelph...
The internet-based crypto-currency called bitcoin could be the beginning of a currency revolution. Get the scoop on how adopters worldwide are innovating in the new bitcoin economy. See how the history of money has influenced this radical new breed of software and hardware designers, economists, traders, and web technology developers.
Intuit QuickBooks is one of the top accounting software that is commonly used by Small and Medium Business Enterprises today. With its ability to easily create invoices, track sales and expenses, generate useful reports and user-friendly features, Intuit QuickBooks has gained its reputation in providing the most reliable – easy to setup and learn accounting tool.
Intuit QuickBooks offers the following Accounting Software:
QuickBooks for Mac
Checks In The Mail is a company that sells personal checks and business checks. They offer computer checks, desk checks, and manual checks. They offer single checks and duplicates. They offer many styles and designs such as Disney, holiday, charitable, animals, classic, design your own, floral, high security and many more. They also offer checkbook covers, address labels, stationary, stamps, coin purses, wristlets and more.
Everyone who tries out marketing a product or website online runs into some fairly similar mistakes and successes, and this article talks about both. How to avoid making the same old mistakes, and get quickly to the point where you know exactly what you need to do, and know that it will work.
Sony Creative Software specializes in award-winning audio and video software for creative professionals. It has an array of the most used professional and home studio solutions like:
Acid Pro 7
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Vegas Pro Production Assistant 2
Sound Forge Pro 10
CD Architect 5.2
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Every business venture needs to create, store, analyze and manage financial information to facilitate the decision making process of the business. Quickbooks Canada is useful for small business which provides affordable Accounting Solutions with sense of timeliness, accuracy and dependability. With its user-friendly features, Quickbooks Canada has proven to be the leading Accounting Software in Canada.
Intuit Quickbooks Canadaoffers the following products for Small Business:
Congratulation Messages for Shop Opening! If you wish to send congratulation messages for shop opening, then you have reached the right spot. In this article you will find plenty of thoughtful and inspiring sample congratulation messages for shop opening. Read on to choose the perfect congratulation message for shop opening.
Assuming that you just nailed your presentation, and allowed your crowd of potential clients and now it's time to wrap up your presentation - you have a couple of choices to make depending on the opportunities you wish to have access to. The most common method is a simple thank you and some appreciation, while more skilled speakers tend to end their presentations with free gifts and or q&a sessions.
This article would acquaint the reader with the concept of receivables. After finishing this article, the reader should be able to know the characteristics of receivables, understand how to classify receivables either as trade or non-trade receivables, understand the valuation of receivables and know how to classify the receivables as either current or noncurrent.
These are simple ways you can make your hotel guests feel more at home. These simple methods help you go above and beyond, since many times, a guest's whole stay can depend on how the staff reacted to any issues that may arise during the stay. It shows how you can utilize your personality, your amenities, and your skills to solve problems. These points also help to prevent your hotel from becoming the topic of negative social media press.
The objective of this article is to help you understand the components of the line item â€œcash and cash equivalentsâ€ in the balance sheet. After reading this article, you should have a thorough understanding of what cash is, what cash equivalents are, what their components are and what disclosures are required.
This article will acquaint the reader with the recognition criteria and measurement that should be applied to provisions, contingent liabilities, and contingent assets. Disclosures required in the notes to financial statements are also discussed to enable users to understand their nature, timing and amount. The discussions below are based from IAS 37.
These are the longest suspension bridges located in the state of California. California is one of the great driving places in the world, as it is a large state with a huge population. So there are a ton of bridges that have been built in California. That includes many suspension bridges, and these are the longest bridges located in the Golden State.
Evolution of Accounting as a Social Science
In its oldest form accounting aided the stewards to discharge their stewardship function. The wealthy men employed stewards to manage their property; the stewards in turn rendered an account periodically of their stewardship. This 'Stewardship Accounting' was the root of financial accounting system. The presently followed system of double-entry book-keeping has been developed only in the 15th Century. However, historians found records of debit ...
Procedural aspects of accounting
Generating Financial Information
1. Recording - This is the fundamental purpose of accounting. Every business transactions of a financial character, as supported by a number of documents like pass book, sales bill, salary slip etc. are confirmed in the record of account. Recording is done in a book called "Journal." This book may further be divided into several subsidiary books according to the character and volume of the business.
A catalog printing company is responsible for ensuring that they produce a quality product that highlights a business' services or merchandise. A good catalog printing company can help a business' sales and profits dramatically while boosting its own reputation. Catalog printing can be a complex and time-consuming job in a business new to catalog advertising.
After finishing college, graduates look around for jobs to apply their knowledge and skills to live a decent life. A portion of these graduates will always find jobs in government as this institution offers the most stable occupations in any society. A society could not function without a government to manage its affairs. But what does it take to become a government employee? This article describes what is expected of government employees and the pressures and challenges that a public position e...
If you are trying to make money online with content, then the number of visitors you can attract to your content is vital. For the most part, the more visitors you can attract to your content, whether it be on your own website, blog or a paying third-party site, the more money you will make. In order to attract more visitors many people use Twitter, and when using Twitter they use hashtags in their Tweets.
Accounting is a very interesting field. It has many branches â€“ 7 to be exact. After finishing this article, the reader should have acquired an overview of the different branches of accounting, namely â€“ financial accounting, auditing, management advisory services or management accounting, government accounting, tax accounting, fiduciary accounting, and accounting systems installation.
Accounting is considered the language of business. It has evolved throughout the years as information needs changed and became more complex. After finishing this article, the reader should be able to have a general understanding about accounting, be acquainted with the different definitions, know the different types of information found in accounting reports, and know the different uses of accounting information.
It is a proven fact that death is our last enemy. Some sources say that 150,000 people die every day. Of course, this is just a general estimate. We all will need burial services one day because death is a part of life. You can start a funeral home business and make a decent income and never have to worry about being "downsized" or "outsourced" if you take these steps.
These are the tallest bridges in the United States, as measured from their bases to the tops of their structures. Hundreds of millions of cars, trucks and other vehicles pass over these tallest bridges in the United States on a yearly basis. Each one represents a great engineering marvel of construction, and most are great landmarks in the United States.
One of the hardest and most challenging jobs is that of an independent Sales Representative. Not only that you have to possess a strong convincing power to make a sale, but you must likewise have the perseverance and expertise to succeed in this line of work. To become an independent salesperson, written in this article are useful tips for your consideration.
Parking lots are every where and there are almost 600 million cars in the world that need a place to park when they are not moving. Have you ever thought about this statement? Parking lots are a part of our life because most people use them everyday.Take a closer look at how individuals are making money in this industry by applying a few steps that have made some of them millionaires in the process.
We may not know it, but all around us, people are using accounting information. From the most complex corporate transactions to the simplest business dealings, accounting information is always used. Even in our homes, when we are at work, when we are at school, or wherever we may be, accounting information could be vital.
Cash receipts, sometimes called cash inflow, or simply receipts is the amount of cash that an entity acquires for a certain time period. Cash disbursements, sometimes called cash outflow, or simply disbursements or payments is the amount of money that a company parts with. Cash disbursements are cash outlays of an entity. Given the double entry system, should cash receipts equal cash disbursements?
A company cannot do without an effective cash management policy - one cannot simply keep cash in hand without analysing any possible investment policies... If you donâ€™t have enough cash to pay your creditors, you will lose reputation and credibility, and this could lead to serious problems in the business world.
Performance appraisals are important for managing company and employee resources. Each performance appraisal offers feedback that can be used in a variety of ways. Managers need to be aware of what can go wrong when they deliver performance appraisal feedback. There are specific guidelines managers can use to deliver the appraisal and the feedback. In addition, performance appraisals can be used to develop and enhance employee careers.
What are some of the advantages of a business owner hiring a family member? What are some of the disadvantages of a business owner hiring a member of their family? Should a business owner hire a family member? Should an employer hire their relative? What are some of the risks in hiring a relative? Reasons why you should not hire a member of your own family
Bachelor of Science in Accountancy is one of the most difficult courses to pass in college. The course primarily deals with numbers and computations. Problems are encountered in almost about every accounting subject. Of all the subjects that a student must undergo in the accountancy program, five of the hardest accounting subjects were determined. Provided in this article are the accounting subjects that students have difficulty with and the topics associated with each subject.
In Financial Accounting, Depreciation, Amortization and Depletion have one major purpose, that is, to allocate the cost of an asset over its useful life. However, how does one differentiate Depreciation from Amortization and Depletion when they have the same major purpose? They generally differ on the category of asset to which they belong.
Communication fear is not an uncommon situation and many people encounter some or the other problem while communicating with people. Fear to communicate can be a barrier to sharing your views with others effectively. There are many simple methods you can follow to get rid of this fear and this article highlights some best practices on how you can overcome the fear of communication.
A letter of resignation also called a notice to terminate employment--- is a formal letter that notifies a manager that his employee will be leaving the job and/or the company to pursue other career interest or whatever the case may be. The letter should be concise and respectful, depicting a positive tone overall.
When a portion of the Accounts Receivable remains uncollected over a specified period of time, Bad Debts should be recognized. Allowance for Doubtful Accounts is determined using the Allowance Method of recognizing bad debts. The generally accepted procedure in the accounting treatment for bad debts should be carefully identified and implemented.
Many companies and office managers still find it necessary to use a live person to communicate via phone. In order to keep a good flow of communication between outside clients, vendors, and staff, managers employ competent secretaries, receptionist, and administrative assistants to receive their calls for them, and to also return messages when they are unable to. The most important thing to remember when writing a business message is to be sure that you accurately record pertinent information in...
Thank You Messages for Customers! Saying thank you to your customers will surely make them come back to you again and again. Let your customer feel that they are important and valuable to you. In this article you will find some great samples of thank you messages for customers.
You may not need to know project management terms every day, but when you are working on a construction project at home or at work, this glossary will become very useful. Construction project management has a standardized terminology so that when one person talks about risks, scope, issues, requirements, and other project concerns, everyone else knows what he or she is referring to. This glossary contains common terms used in construction project management and can help start the standardizatio...
Financial Ratios in Feasibility Study play a vital role in the decision making of the business. Most business owners rely on the financial statements given by their Accountants and not on Financial Ratios. Financial ratios have great contributions to business owners. Financial Ratios are the turning points in a feasibility study. Whether a project is feasible or not, financial ratios can answer it.
Companies lose millions of dollars every year because they fail to satisfy their customers. Unfortunately, countless managers have not come to the realization that most of the time itÂ’s due to poor customer service. And unless you, the consumer, report your bad experiences to the right individuals they may never know. So whenever you receive really bad customer service you should report it to the manager of that particular venue in a timely and professional manner and I can testify that yo...
MyNewsDesk is an innovative new tool for the PR guru, that intends to pioneer its way through the next century, providing social optimization, organization, simplify, provide customized news and real-time updates on targeted intersocial activity. Basically, this is the tool that every social marketer and networker dreams of. That being said, it's not just for the socially minded. Professionals who find they need this information as well, can benefit massively from MyNewsDesk's superb customer su...
The debit and credit entries in the book of accounts should correspond to the credit and debit entries in the bank statements. If they are not matched, then there is a need for bank reconciliation. The factors affecting bank reconciliation should be determined in order to come up with the appropriate action in the reconciliation of accounts.
When a company uses financial leverage, it provides certain advantages for equity holders in terms of increasing operating profit and lowering income taxes, which in turn raises returned earnings. The use of financial leverage is closely related to the issue of capital structure, the relative level of capital financed by debt vs. equity. Different financing affects the profit bottom line.
The development of a strong competitive advantage has been AdidasÂ’ major concern, and this is further emphasized by the existence of a large number of Â“heavyweightÂ” competitors operating in the athletic clothing market, in the names of Nike, Puma, New Balance and others.
Taking into consideration the fact that a companyÂ’s competitive advantage is established on the concept of added value, Adidas should direct its marketing efforts towards producing quality products for its custo...
Double entry bookkeeping is accomplished with the accounting equation, Equity = Assets Â– Liabilities or derived as Assets = Liabilities + Equity. The sum of all the debits should be equal to the sum of the credits. In banking, credit refers to deposits and other transactions that will increase your account balance and vice versa, debits refer to withdrawals and other transactions that will decrease your account balance.
There are ways that you can improve poor customer service in your establishment if you are ambitious about growing your business. Lets face itÂ…you canÂ’t blame your customers for opting to do business with your competitors if you failed to meet their needs. As manager, you should get to know your customersÂ… especially those who patronize your business regularly. Once your customers enter your business you should begin to service them with smile. Let them know that you appreciate their...
The business of a retailer is to buy items in large quantities to take advantage of lower costs and then sell the items in smaller quantities with a profit mark-up. Retailers act as middlemen between the manufacturer or the wholesaler, and the customer who buys the good. There are advantages to being a large-scale retailer such as supermarket, superstore or hypermarket, but there are also some disadvantages.
Success in the restaurant industry will be much more attainable when your appearance is clean and professional. Dressing "up" will also make you more visible to both customers and your superiors. Invest time, effort and money to make sure you always look your very best.
Naming a pawn shop is not easy. You have to consider various things in order for your business to stand out. Here are the things that you should consider when naming a pawn shop.
Private Finance Vs. Public Finance
The basic principles of public finance and private finance are the same. Individuals and States are similar in that both need resources. Both have to secure maximum results from their resources. Both attempt to get the best out of all items of expenditure.
Product reviews do very well in the search engines; they bring in very high amounts of traffic. In short, a product review is a fully developed and fully researched presentation about any given product. Product reviews shed light for all consumers to help them determine if the product is right for the consumer. These types of reviews can be about any type of product. For the most part, product reviews should be based on a product that people know little or nothing about. If it is a product ...
Looking for good leasing companies and rental in Lagos? Get first-hand tips on getting satisfactory services in Lagos.
The writing gives a detail of the concept of business ethics, what it is, how it is implemented, and what kind of benefits a business can reap by proper implementation of business ethics.
Where do pet stores get their pets? How to get pets for a pet store? Where do pet stores get puppies? Where do the animals come from that pet stores sell? Do pet stores support puppy mills? My pet store told me they do not buy from puppy mills, is this true? Will a pet store buy my puppies? Why should people not buy pets from pet stores?
Important features of a joint Stock Company
The following are the main characteristics of a joint stock company:
Artificial person- The Company carries on its business activities in its own name. The company makes purchases, incurs expenses, sells goods, sues against other parties and is also sued.
The most popular digital products are made by Microsoft. More than half of the computer users use microsoft software. Though there are already a lot of competitors, Microsoft has firmly stood its ground and seems poised to continue being the market leader for years to come.
Microsoft products can be purchased from a wide range of sellers. One of the best resellers of Microsoft products is iYsoft.
iYsoft is a reputable online store that mainly sells Microsoft products. It makes it possible for ...
Elements of Costs
The classification is based on the natural characteristics of cost i.e., on the basis of the elements of cost namely as: A.) Material cost B.) Labour cost C.) Expenses
Materials are substances from which products are manufactured. Materials may be classified as direct and indirect. Direct materials are those substances which can be directly identified with any cost centre, product or a group of products.
The number of case studies of companies suffering from marketing myopia has been increasing during the last decades, despite the fact that there is a considerable amount of scientific background and research on this subject. In this article you can find a list of the most popular case studes of marketing myopia.
Features of Receipts and Payments Account
RECEIPTS AND PAYMENTS ACCOUNT
The account which is prepared by non-profit organization to record cash and bank transactions is known as Receipts and Payment Account.
Proper working of the piston rings is of extreme importance for the efficient operation of a marine engine. Marine engines are designed for high power outputs and bad piston rings can seriously affect the performance of the marine engine.
What is amoCRM all about? AmoCRM (CRM stands for Customer Relationship Management) offers an easy-to-use, web based and hosted CRM solution for businesses. With no complex interfaces, no configuration and no tutorials or lengthy manuals, amoCRM provides exactly what you need and you can begin working immediately after registration. Your database will include all potential transactions and customers, the entire history of your negotiations, your tasks to be com...
Taxation is a way of raising income in order to defray the necessary expenses of the government. It is the inherent power of the state to demand contribution to finance all the government expenses.
The word entrepreneur can be defined in several ways. This word means a person which can determine the various products or services that are needed by the consumers and can produce or deliver the products and the services to the consumers in the right time as well as in the right place.
Macroeconomics is the economics the deals with the behavior of the whole or entire economy. This branch of economics is concerned about the level of production, the rate of unemployment as well as in the gross national product and others.
This article will tell you how to create a Facebook welcome page that is hosted on your own server, including all the technical coding stuff.
Meaning and Significance of Terms of trade
Meaning of Terms of Trade
By "terms of trade", we mean the terms at which two countries trade with each other. It refers to the value of a country's exports which have to be given in exchange for its imports. It indicates the rates at which a country exchanges its own goods for those of another.
Criticism of Heckscher-Ohlin's Theory
According to Ohlin, the immediate cause of international trade is the difference in commodity prices which in turn is due to the differences in factor prices. The establishment of a rate of exchange between the two countries facilitates the comparison between the commodity prices prevailing in the two countries.
The modern theory of International trade
Bertil Ohlin considers the comparative cost theory unrealistic because it does not take into account complete cost differences. It only considers the wages and their output; it ignores other costs.
International trade vs. inter-regional trade
The swap of goods and services involving different nations is termed as International Trade. On the other hand, trade of goods and services within a nation is known as Inter-regional Trade.
What difference then does it make to the theory of trade whether these goods are made in the same country or in different countries?
HR compensation and benefits analyst evaluates and analyzes job duties and responsibilities for an organization and then puts together a competitive salary and benefits package that is equivalent to those in the marketplace.
For business emails, inserting an effective email signature takes a message from ordinary and forgettable to professional and persuasive. The statement holds true regardless of the email program used.
Writing an effective press release helps get your news noticed by editors.
Many people love Filipino delicacy. One of the most delicious and popular viand of the Philippines is Sisig. This article explains the preparation for sisig and its ingredients.
Review of The WEBstaurant Store, including pricing, comparison with competitors, customer reviews and more. The WEBstaurant Store coupon code and promo code included. Restaurant owners, purchasing agents, hospitality managers and chefs can all benefit from perusing the WEBstaurant Store. The site features foodservice equipment, glassware, china, silverware, paper goods, appliances, housekeeping supplies and basically anything an individual or business would need to run a restaurant or othe...
Many people love Filipino delicacy. One of the most delicious and popular food of the Philippines is yema candy. This article explains the preparation for yema candy and its ingredients.
How To Cook Bibingka or Rice Cake
Many people love Filipino delicacy. One of the most delicious and popular desserts of the Philippines is Leche Flan. This article explains the preparation for Leche Flan and its ingredients.
Advantages and disadvantages of personal selling
There are several advantages & disadvantages of personal selling. Nevertheless the benefits of personal selling can overshadow the disadvantages in definite stages. This is predominantly correct when rivalry is strong and corporations are marketing extremely technological goods.
There are seven questions that must be addressed when developing the business plan in the field of Fitness etc. This business plan is made to ensure that the basic functions of the plan are effectively carried out. The responses to these questions can be used to focus the plan toward desired goal and objectives.
Taking the 5 most common sales objections and showing how to overcome them. Learn the closing techniques and sales processes that help salespeople overcome the most frustrating of all sales objections!
Published by Al Lamp
75 months ago in Sales
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A memorandum, also called a memo for short, is a rapid and proficient means in which management, employees, internal clients, and other office personnel communicate internally. The length of a memo can vary, depending upon the subject matter.
Definition of Advertising
Advertising is an effort to control the buy/sell activities of your clients or consumers by facilitating an influential selling note on the subject of your services and/ or products.
Importance of marketing
Marketing is an extremely significant feature in business as it plays a vital role in making a business organization successful. Manufacturing and sale depend mostly on marketing. Several individual consider that sales and marketing are fundamentally the same.
There isn't some techno-giz available to wrap time management up in a nice bundle. Unfortunately, the only super ingredient to help you succeed is you! If you want to learn successful ways with time managements skills, here are three super simple tips to conquer your time management.
Dispensing business strategies combined with resourcefulness of integration, while maintaining software standards. Next generations are being designed to service larger capacities at increasing speeds to meet business demands and customer
Throughout history, there has been, and still is an ongoing debate on whether leaders are born or made. It has been an age-old question that has been on the minds of many. So are leaders born or made?
What is opportunity cost and how do you use this concept in managing scarce resources such as money?
Merits and Demerits of Advertising
Merits of Advertising
Advertising as a means of communication has numerous advantages. The merits of advertising can be summarized below:
1. Mass Reach- Advertising is a communication medium which can reach a wide range of people over a broad geological region. For example- advertising via a daily newspaper reaches millions of people all over the country.
Some may argue that good leaders are born whereas others believe that one can learn to develop excellent leadership qualities over time. Indisputably, both viewpoints are correct.
Find out the meaning of transparent governance.
This ariticle has golden tips on running shake business. Protein shakes are food supplements mainly made up of proteins.
Income distribution is the allocation of income among the owners of the factors of production. Theories of income distribution are based on 4 elements : Marginal productivity, Needs, Social Usefulness, Equality.
Ideas to help you start up your own dragon fruit farm.
There is a huge difference between service and goods. Service is a kind of activity or a set of activities of more or less intangible nature.
As the key players of the Human Resources role, the Human Resources managers are required to produce an environment characterized by growing levels of skilled and trained labor and talent.
In order to conduct business successfully in Uruguay, Uruguay's negotiation etiquette and practices must be learned to create the best grounds for negotiations possible.
Find ways to help recycle in your office. There are a lot of ways to make the boss happy and save money for the business.
What are the Different roles of Advertising?
What is advertising?
Before moving on to understanding the roles of advertising, it is important to understand the concept of advertising. Advertising is a business tool used for the promotion of a product, service or even to a particular group of people. Copywriters create advertising and graphic designers complete it with their art skill. Media, TV broadcasts, banners, hoardings, etc. are the various means of advertisement promotion.
Social media is the new and effective way to market your business but it is time consuming. Schmoodia takes the time to market your business through a variety of social media applications.
Importance of principles of management
The following are the main reasons which highlight the importance of the principles of Management:
(1) Improving efficiency of managers: Management principles serve as a guideline for doing work with greater efficiency. These principles help managers to take a more realistic view of different managerial problems and to direct human behavior effectively. The conscious manager can become more effective by using the established management principles to solve...
Disccusses the 5 Types of Secondary Data in marketing rearch in a Singaporean context.
Elements and meaning of direction
Directing concerns the total manner in which a manager influences the action of his subordinates.
The process of directing function involves the following four elements:
(1) Supervision: This refers to the guidance and control of subordinates in the performance of their tasks. Supervision is an important part of direction function of management. Supervision assures that the work is being done in accordance with the plans and instructions.
Advantages of a multinational corporation on the host country
The merits of a multinational corporation may be enumerated as follows:
(1) Research and development activities: Developing countries lack in research and development areas. Expenditure on research and development is essential for the promotion of technology. Multinational corporations have greater capability for research and development activities in comparison to national companies. Multinationals survive in the international mark...
Contents of the Memorandum of Association
The Memorandum of Association contains the following clauses:
(1) Name clause: The name of the proposed company is mentioned in this clause. The name of a company must end the word Â‘LimitedÂ’ in the case of a public company and the words Â‘Private LimitedÂ’ in the case of a private company. The name should not be identical with the name of any existing company. The name should not create an impression that the company is car...
Financial Statement Analysis is an important part of overall financial analysis, based on the statements which are the end products of accounting system
Creating a standard operations procedure manual
How to instructions for developing company policies
Human Resources Employee Relation Specialist collaborates with management to promote positive working relationships amongst the employees.
If you own a second home in Austria you want to ensure it is looked after when you are not there. The solution is to engage a Property Management Company, but what does that involve, you can find the answers here.
Primary Functions of Commercial banks
Accepting Deposits is the primary functions of commercial banks and is the basis of its existence.
Without accepting deposits, a bank cannot execute any other functions and as such it is very important to understand the primary functions of commercial banks.
Merits and demerits of Cash Flow Statement
A cash flow statement is useful in short-term planning. A business firm requires sufficient cash to meet its various obligations in the near future. An analysis of different sources and applications of cash will enable the management to make reliable estimates about inflows and outflows of cash. On the basis of such estimates, management can plan out for investment of surplus cash or for meeting any cash deficit.
Cash Flow Statement
A cash flow statement is a statement showing changes in cash position of the firm from one period to another. It explains the inflows (receipts) and outflows (disbursements) of cash over a period of time. Inflows of cash may occur from sale of goods, sale of assets, receipts from debtors, interest, dividend, rent, issue of new shares and debentures, raising of loans, short-term borrowing, etc. Cash outflows may be on account of purchase of goods, purchase of assets, payment ...
Types of Cost
Outlay Costs and Opportunity Costs
Outlay or actual costs are the costs which a firm incurs while producing or acquiring a product or service. These costs are recorded in the books of account. These are also known as acquisition costs or out of pocket costs. On the other hand, opportunity cost or alternative cost are the benefit from the second best use of the firm's resources which are foregone in order to avail of the return from the best use of resources. For example, a busine...
Effective communication is an inseparable part of successful organizations. Better Communication ensures productivity, job satisfaction, better relationships at workplace and utilization of resources.
Income and Expenditure Account
Meaning : Income and Expenditure Account is a summary of all incomes and expenses relating to the current accounting year. It is prepared with the object of finding out the surplus or deficit of current incomes over current expenses. It is similar to Trading and Profit and Loss Account of a trading concern and is prepared in the same manner. Income and Expenditure Account is primed on 'accrual basis'. Income is a receipt of recurring nature and it is not meant for...
The evolution of the accounting standard process in the Philippines
When choosing a planning and organization system you will want to consider what your daily life is like and what your priorities are. momAgenda is geared specifically to homemakers and moms and is a great system. Franklin Covey while it can by used by homemakers does not focus on home management but rather personal goals and tasks.
Direct and Indirect Costs
Material, labor and other expenses which are directly or easily traceable to a product, service or job are known as direct costs. In the production of an article, materials are purchased, wages are paid to workers and certain other expenses are incurred directly. All these take an active and direct part in the manufacture of a product and are, therefore, called direct costs. These costs have a direct relationship with a product, process or department of the firm.
Craigslist and Backpage are the two largest free online classified advertising sites on the Internet today. Here are the major differences between the two sites.
Classification of Assets and Liabilities
Proper classification of assets and liabilities is necessary as otherwise the Balance Sheet may fail to provide meaningful information. The various items of assets and liabilities in the Balance Sheet should be properly grouped.
Classification of Assets
Capital Expenditure Vs. Revenue Expenditure
The main points of distinction between capital expenditure and revenue expenditure are follows.
(i) Purpose : Capital expenditure is incurred for acquisition or erection of fixed assets to used in the business. On the other hand, revenue expenditure is incurred for the day-to conduct of business.
(ii) Earning Capacity : Capital expenditure increases the earning capacity of the business whereas revenue expenditure does not increase the earning capaci...
Capital expenditure means the expenditure the benefit of which is not exhausted within the current year but is enjoyed over a long time period. Such expenditure is of non-recurring nature and results in acquisition of permanent assets. Property acquired with the help of capital expenditure is utilized by the business for a long time and thereby it earns revenue.
Basic concepts under the consumer Protection Act
1. Consumer: The term consumer is defined as follows.
(i) A person who buys any goods for a consideration. It also includes any user of such goods when such use is made with the approval of the buyer. But it does not include a person who obtains such goods for re-sale or for any commercial purposes
Need For Consumer Protection
Under the modem philosophy of marketing, consumer is supposed to be the king and business is expected to provide maximum possible satisfaction to consumers. But in reality, consumers are often exploited. In a country like India there is shortage of many products. A few firms enjoy monopoly powers in the market place.
Companies are often unsure about the effect of secret or open pay policies on employee morale and productivity. One current concern of behavioral scientists is the relationship between an organization’s secrecy regarding pay policies and the motivational effectiveness of these policies. If secrecy has an adverse effect on employee motivation and performance, some writers believe, a move to more openness may need to begin. A survey of personnel executives conducted by the Bureau of National Aff...
Steps in personal Selling process
Personal Selling consists of the following steps.
1. Pre-sale preparation: The first step in personal selling is the selection, training and motivation of salespersons. The salespersons must be fully familiar with the product, the firm, the market and the selling techniques. They should be well-informed about the competitor's products and the degree of competition. They should also be acquainted with the motives and behavior of prospective buyers.
Qualities of a Successful salesman
To be a successful, a salesman must possess several qualities of head and Heart. However, it is difficult to give a universal or exhaustive list of such qualities or traits because different situations require different qualities. A person may make a good salesman in one line of business and may fail in another line. Nevertheless, the qualities which are commonly found among effective salesmen are described under the following heads.
Meaning of personal selling or salesmanship
Personal selling or salesmanship is the oldest and the most popular method of selling goods and services. It involves face-to-face communication between the seller and the potential buyer. It may be two types :
(i) Across the Counter Selling: In this case, the customer comes to the shop or store and the salesperson attends him. It primarily involves retail store selling. It also includes 'phone-in-orders'.
(ii) Door-to-Door Selling: In this case t...
Importance of personal Selling
Personal selling is an important element of promotion mix and an effective promotional tool. Personal Selling offers the following compensation.Despite the above advantages, personal selling suffers from several disadvantages. Firstly personal selling is the costliest method of promotion. Secondly, it can cover only limited number customers at a time.
Brand equity means the marketing effect of a brand. Brand Equity refers to the outcomes that result from the marketing of a particular product or service because of its brand name and that would not occur if the-same product or service did not have the brand name.
Themes of Advertising
Several themes have been designed to appeal to the foregoing instincts. A theme of advertising is a central idea intended to trigger desired action from customers. It is the heart of advertising copy. Some of the popular themes used in the advertisements of different products are given below.
Meaning of Brand and trade mark
Meaning of Brand
Brand means any identification mark (such as trade name, mark, symbol, picture, design, color, etc.) used to identify the product of a seller and to differentiate it from the products of competitors. Brands may be producer's brand or middleman's brand. A family brand means selling a number of products under the same name,
What is Brand promotion?
Meaning : Brand means a mark (symbol or sign) or design or some combination of these used to identify the products of one seller and to differentiate them from competitive products. A registered brand is known as trade mark.
Brand promotion is that element of marketing mix which is designed to inform, remind, persuade and influence the customers so that they purchase the brands of the advertiser company. Brand promotion is applied and persuasive communication used fo...
Discusses the 10 operations decisions that provide competitive advantage to Minit-LubeÂ’s strategy.
Preparing payroll for employees, preparing 941 deposit, making federal 941 deposit,
Essentials of a good Advertisement
The advertisement is technically known as advertising copy. It consists of the written or spoken message. According to Sohrab R. Davar, an effective advertising copy should contain the following qualities.
Demerits of Advertising (criticism)
Several objections have been raised against advertising and some people criticize advertising as a social waste.
The following are the demerits of Advertising for which it is criticized;
1. Higher Price: It is argued that large amounts spent on advertising increase the cost of distribution which is transferred to customers in the form of higher prices.
Importance of Advertising to Customers
Advertising not only benefits the producers and traders but benefits the customer as well. Advertising provides awareness of the existence of the product to the customer. Customer satisfaction is of immense priority in modern marketing and the importance of advertising canÂ’t be ignored as such. The importance of Advertising to customers can be discussed under the following sub-head.
Importance of Advertising
Advertising has become an indispensable function in modern business due to cut-throat competition and mass production. It pervades our economic and social life. It helps to disseminate information which is useful to businessmen, consumers and the society in general. Through it one can create an indirect and impersonal link with his prospects easily, quickly and economically. The importance of advertising can be classified into three different heads:
Â• Importance o...
Standardization and Grading
Standardization refers to the process of setting up basic measures or standards to which the products must conform and taking steps to ensure that the goods actually produced adhere to these standards. Standards reflect desirable features of a product in terms of its design, weight, color, etc. Standardization means that goods are of a specified and uniform quality.
Grading is the process of sorting individual units of a product into well defined classes or grades o...
Marketing research refers to the systematic gathering, recording and analysis of data about marketing problems with the aim of providing information useful for decision-making in the field of marketing. Te scope of marketing research is very wide as it covers all the areas having a direct bearing on the marketing function. Research concerning the market, products, prices, promotion and distribution, all form parts of marketing. Marketing research is much wider than market res...
Here are five benefits of buying a franchise.
Objectives of marketing
After understanding the characteristics of marketing it would be easier for you to understand the Objectives of marketing. The main Objectives of marketing are as follows-
These are the basic objectives of marketing which all enterprises strive hard to attain. All the objectives of marketing are important and failure to achieve any of the objectives of marketing can lead to the failure of the business.
Must know elements of bank reconciliation-bank statement balance,the book balance and reconciling items.
Characteristics of Marketing
After understanding the meaning of marketing in my previous article it would be easier to explain the characteristics of marketing. The Characteristics of Marketing can be sub-categorized and explained under the following heads:
1. Marketing is an integrated process- Marketing is not a single activity. It is rather a coordination of several inter-related activities. The interaction between different activities gives a unique character to marketing. Marketing is a m...
Whether for business or pleasure, you need to know the top ten countries where people speak English as a second language.
This article will help to any professional toward to being emotionally intelligent.
Target marketing approach is important to a marketing plan because it allows the company to focus on the needs and wants of its target audience and enables them to plan of what they want to accomplish and achieve in the future.
Most trade unionists are reluctant to delve too deeply into the annual accounts of their companies. From time to time they will pick out figures in isolation, such as the wage bill or the profit or loss for the year.
These are the most common names of Walmart owned stores located in different countries around the world.
Facts about grocery display planogram. This is about how products are displayed in grocery stores and what is grocery display planograms. What are the purpose and advantages of a display planogram in grocery stores. What is "facing", what is B.O. or bad order and what location in planogram is good.
This is an overview of the emergence of the Chinese economy in the first decade of 2000-2009. It shows that China, while making some spectacular gains, still has a very long way to go in order to compete with more developed Westernized countries.
How to start a bartending services business.
Low start up businesses, bartending services.
Facts about grocery listing fees explain what are grocery listing fees, how they are paid, who paid listing fee, what are some effects on listing fee to small manufacturer and other information about listing fee
Merriam WebsterÂ’s Dictionary defines theft as, the act of stealing; and the felonious taking and removing of personal property with the intent to deprive the rightful owner of it. Companies lose Millions of dollars every year due to internal theft.
Selling and buying are almost a day to day activity done by customers and merchants. The selling operations come in different place and in different forms since merchants find many ways just to deliver their products to the consumers.
Effective workplace performance is the key element in the success of an organization. And the effectiveness of the workers employed will determine just how successful the organization will be.
The AFRMM is protectionism in disguise, because many companies donÂ’t export to Brazil due to high costs after the nationalization of the products
Imagine also if all countries would do the same thing?
PRWeb, 24/7 Release, and eReleases reviewed. Comparison of top press release services. PRWeb review and coupon. 24/7 Press Release review and coupon code. eReleases review and coupon code.
There are two types of motivation: extrinsic motivation and intrinsic motivation. Extrinsically motivated workers are motivated by incentives and external rewards and the intrinsically motivated workers are simply self-motivated.
If managerial control is sloppy or non-existent, employee work performance can evaporate in the blink of an eye Â– and the detrimental effect on the organization can be enormous. If monitored regularly, before the problem gets out of hand, it can save costs, both to the employee and the organization.
Start a small business with flexible hours - gravestone cleaning service
HR plays an integral role in the success of an organization overall -by recruiting and selecting the best candidates to fill job vacancies. Furthermore, HR continues to work closely with management teams within the company to ensure workforce efficiency.
Employers should take sexual harassment seriously in the workplace. Unlawful harassment is a form of discrimination that violates Title VII of the Civil Rights Act of 1964.
The Family and Medical Leave Act (FMLA) went into effect on February 5, 1993 during the Clinton Administration and applies to employers with 50 or more employees. This Act, guarantees up to 12 weeks of unpaid, job-protected medical leave for the employees.
LogoWorks Promo Code / Discount Coupon Code. LogoWorks Review. LogoWorks is a large logo design company that offers their services online. Their website states they have over 45,000 satisfied customers across 70 different countries. Their main focus is custom logo design but they also offer other services including business cards, stationery, brochures and website design.
A logo is the most important part of branding for every company - whether it is a one man operation or a multinational...
You may be thinking about starting a vending machine business, but there a lot of things you probably haven't thought about. You really need to do your homework and know what you're getting into before you go out and buy a vending machine.
As a member of a committee or working party, or as participant in a one-off meeting, you will have an excellent opportunity to influence decision-making and to make your talents known and available to the organisation. You can attend a meeting Â– or you can be a participant.
Women Owned Small Business (WOSB) certifications and eligibility to participate in the Federal Contract Program.
We often find that the money consequences of any alternative occur over a substantial period of time such as a year or more. When money consequences occur in a short period of time, we simply add up the various sums of money and obtain a net result but can we treat money on same way when the time span is greater? Which would you prefer, $100 cash today or the assurance of receiving $100 a year from now?
Multiple deadlines, conflicting priorities, and even multiple bosses are realities faced by many of us. Read this article to learn some tips and tricks for managing your deadlines and handling your stress.
Facts and information about ancient trade routes - the Silk Road, the spice route and trans-Saharan route, and a profile of the father of the Silk Road, Chang Ch\'ien.
The two largest private companies in the United States are owned and run by some of the richest people in the world.
Intuit GoPayment Promo Code / Discount Coupon Code. Intuit GoPayment Review. Intuit GoPayment is a program offered by Intuit, Inc. which allows merchants and vendors the freedom to collect credit card payments through their mobile phone, regardless of location.
Credit card and sale information is entered in to the Intuit GoPayment system through the web browser on any mobile device with web browsing capabilities, or through the GoPayment application that is available for select mobile devices...
If you want to know how to open a domestic violence shelter for abuse victims this is the article to read. It has concrete information from someone in the domestic abuse field.
Be it upstream or downstream, supply chain management helps to manage the information, materials, Finance and all aspects of business processes. Let us discuss what Supply Chain Management is and how SCM works?
Perform an external analysis of AirAsia and identify possible opportunities and threats encountered by AirAsia.
AirAsia has adopted cost leadership as its business level strategy. Mentions the strategic actions adopted by AirAsia in implementing its business level strategy and explains how these strategic actions support AirAsiaÂ’s cost leadership strategy.
Identifying the strengths and weaknesses of AirAsia.
Services can be divided in several ways. Some of the most common are discussed here, and clarified with examples.
Process mappin is a useful tool for any company. Here, three 'maps' will be discussed.
These are the highest bridges located in the United States.
In our present day society, four general types of labor can be discerned. Each will be briefly discussed here.
Organizations can be divided into four types. Each type will be briefly discussed here, with attention for the culture and structure being used.
Relationship Marketing is a relatively new concept in marketing. The concept is catching more attractions by organizations day by day because of the longevity of relationship with customers and low cost of retaining customers.
The strategy of a company is generally determined by a combination of three factors. These are briefly discussed here.
12 Do's and Don't of phone usage at the workplace. Should I attend to personal conversations in the office? Is it okay to talk in the bathroom? Do I need to switch off my cellphone?.,...All the manners you need to know on using Phones (cellphone & desk-phone) in the office.
There are basic steps in manufacturing processes, these includes the following; creating the design for the products, sourcing raw materials, processing the raw materials, production and quality control and marketing.
ExplainsÂ theÂ benefitsÂ ofÂ formalÂ planning, and discussesÂ howÂ formalÂ planning can contribute to the efficiency and effectiveness of an organization.
Learn some start up ideas and information regarding starting your own retail pet supply business. Gain tips on how to start your own store. How to start a pet supply store. Where to find merchandise to sell in a retail pet supply store. How to start a pet store. How to start my own business related to pets.
List of the main exports the United States produces and ships around the world and the economies that purchase the most exports from the USA. The largest export trade partners of the United States.
The 8 Â“PÂ”s of marketing ive a great checklist or starting point for any strategic marketing plan, and can ensure your customers view your product and their buying experience in the best possible light.
Why should you care if your company is adequately staffed? It goes much further than having good morale and providing excellent service; your health could be at risk!
Difference Between the Socioeconomic View and the Classical View
Bunkering is the process in which fuel oil is filled in a ship. It is very much like filling in petrol or diesel in your car. The way cars have a fuel tank, similarly ships have fuel oil tanks which can store heavy fuel oil. The fuel oil can be taken in during bunkering through shore side installations or small ships called as bunker barges that carry this fuel oil.
Using common courtesy on business emails in key to your organizations success. Sending a rude, ill planned email can result in alienating your customers and letting the competition win.
How to use the Pareto Principle, the 80-20 rule, in your everyday life and at work or in running your business.
As wildfires rage seemingly unabated throughout the western states of the U.S., we are reminded about the importance of swailing. A controlled back burn (aka swailing,) is a common annual practice in farming, woodlot/forested area, and recreational use land management. By selectively and prudently burning the dead undergrowth of grasses, leaves, weeds and fallen limbs, the risk of uncontrolled wildfires is greatly reduced. Ecologically, swailing improves the health of the woodlot by clearing awa...