The fair value of the assets of a partnership is equal to the total equity of a partnership
You have been shortlisted for a position of research officer and as part of an interview you are requested to produce a formal research proposal of the research project you intend to persue if you are hired
South Coast Boards Co. is a merchandising business. The account balances for South Coast Boards Co. as of July 1, 2010 (unless otherwise indicated), are as follows: 110 Cash $ 63,600 112 Accounts Receivable 153,900 115 Merchandise Inventory 602,400 116 Prepaid Insurance 16,800 117 Store Supplies 11,400 123 Store Equipment 469,500 124 Accumulated Depreciation—Store Equipment 56,700 210 Accounts Payable 96,600 211 Salaries Payable — 310 Rocky Hansen, Capital, August 1, 2009 555,300 311 Rocky Hansen, Drawing 135,000 312 Income Summary — 410 Sales 3,221,100 411 Sales Returns and Allowances 92,700 412 Sales Discounts 59,400 510 Cost of Merchandise Sold 1,623,000 520 Sales Salaries Expense 334,800 521 Advertising Expense 81,000 522 Depreciation Expense — 523 Store Supplies Expense — 529 Miscellaneous Selling Expense 12,600 530 Office Salaries Expense 182,100 531 Rent Expense 83,700 532 Insurance Expense — 539 Miscellaneous Administrative Expense 7,800
Turban et.al., (2008) has argued that organisations need to react quickly to business pressures if they are to succeed. They must be ready with critical responses to these threats and opportunities. A critical response can be a reaction to pressure already in existence, an initiative intended to defend an organisation against future pressures, or an activity that exploits an opportunity created by changing conditions.
Based on the above statement, elaborate the major critical responses to the business management, by using appropriate examples.
Research suggests that Generation X employees differ significantly from Generation Y (millennial) employees with regards to work values and attitudes. As a result, the strategies used to engage the two generations at work may differ. Write an essay in which you discuss: 1. How the two generations differ with regards to work values and attitudes and 2. Which strategies work best to improve the work engagement of each of these generations.
Firm-Level Value Chain Analysis of Capitec Bank’s Cost Advantage Strategy
Firm-level value chain analysis is a strategic management tool that is used to determine how
primary and secondary activities within a firm add value in ways that may be sources of cost
or differentiation advantage for the firm.
Capitec Bank pursues a cost advantage strategy based on customer perceptions of relative
banking costs. Explain how firm-level primary and secondary value chain activities support
Capitec Bank’s cost advantage strategy. Are there links between the firm-level value chain
activities that make Capitec Bank’s cost advantage especially difficult for competitors to
imitate?
It is not necessary to discuss all of the primary and secondary value chain activities in your
essay answer. Focus on as many of the value chain activities that you believe best serve as
sources of cost advantage for Capitec Bank and the links that may exist between these
activities.
Distinguish between performance management and performance appraisal. (5) 4.2 Use a practical example to further explain the distinction between performance management and performance appraisal.