Managerial Accounting - 792 Words

Not everything that can be counted counts, and not everything that counts can be counted. Albert Einstein LG Electronics, Inc established in 1958 and has its headquarter in Seoul, South Korea is one of the leading companies in the world which produces electronic and communication devices, IT productions. LG which stands for â€Å"Life’s Good† determines what the company is striving for. One of the main aim of LG Electronics is ensuring to make the dgigtal life better for its customers. Eco- Friendly â€Å"Life’s Good- When It’s Green†- this is a program of LG Electronics which includes two parts of procedures: pre- production and post-production. In thir vision, it is estimated that 15, 000 tons of pre-production and 30, 000,000 tons of†¦show more content†¦They held Customer Voice program, and tried to respond their customers within 13 days from the initial day. It could be improved by 40%, which was only 20% in previous year. Besides, they have customer-point-deparment which solves the problem of customers. All up, Samsung is planning to go on with this development in the future to improve the satisfaction rate and decrease the number of complaints. LG is trying to have a philosophical approach here. According to Chang Ma, the head of the Marketing Strategy Team who directed the LG Chocolate’s successful global launch, LG’s â€Å"industrial designs will incorporate a balance between concept creation and lifestyle creation, so that the needs, desire and dream of the customers must feature prominently in the overall value innovation process† (Screenshots, 2007/ source: Strategic Management of Technology Professor Woody Wu ) Employee Human resource , or any are- be it marketing, finance, or manufacturing- deserves more attention and resources if and only if it creates value. (Prof. Dave Ulrich, 2005). In is article he said that human capital is important intangible asset for creating a value. A company can influence, but not control, employee’s expectations and perceptions of the firm- two factors that largely drive their behavior, how hard they work, how well their actions support the firm’s interest and ultimately whether they will continue working for the firm. In order to meetShow MoreRelatedManagerial Accounting608 Words   |  3 PagesH. Xue Managerial Accounting 2015 Spring Homework 1 (Individual Assignment, Due on 02/11) 1. Das Doors Inc. has recorded the following costs at various volumes of production: Production Volume Total Costs 600,000 $700,000 400,000 500,000 200,000 300,000 Determine the fixed cost and per-unit variable cost using High-Low method. 2. Adams Company sells a single product. The product sells for $100 per unit. The company’s variable expenses are 80% of sales and its fixed expenses total $150Read MoreRole Of Managerial And Managerial Accounting1029 Words   |  5 PagesThe role of managerial accounting has played a significant role in the success of businesses dating as far back as the 19th century. Service and production operations during the days of the industrial revolution were not nearly as sophisticated then as they are today. The current initial purpose of managerial accounting is comparable to its purpose throughout history. Managerial accounting has historically been useful in assisting managers with the information they need to make important decisionsRead MoreManagerial Accounting2802 Words   |  12 Pages1. Basic Concepts Product cost = Direct Labor (DL) + Direct Materials (DM) + Manufacturing Overhead (MOH) Financial accounting Managerial Accounting + Sales + Sales - COGS - Variable Costs = Gross Profit = Contribution Margin - SGA - Fixed Costs = Net Profit = Net Profit COGS (Cost of Goods Sold) is an â€Å"inventoriable cost† ( recorded in the Balance Sheet as inventory and expensed (Income Statement) when goods are sold SGA (Selling, General Administrative) areRead MoreFinancial Accounting And Managerial Accounting1613 Words   |  7 PagesIntroduction: Both financial accounting and managerial accounting provide important information about the business process. On the one hand, financial accounting provides only financial information to its internal users and external users. On the other hand, managerial accounting basically communicates about financial and non-financial information with internal users such as managers, employees and owners of the company. In other words, managerial accounting provides information to managers who directRead Moremanagerial accounting Essay946 Words   |  4 Pages Managerial Accounting Chapter # 01 Homework 1 01) How does managerial accounting differ from financial accounting? A: Managerial accounting is concerned with providing information to managers for use inside the organization. Financial accounting is con ¬cerned with providing information to stockhold ¬ers, creditors, and others outside of the organi ¬zation. 02) Pick any major television network and describe some planning and control activities that its managers would engage in. A: FiveRead MoreManagerial Accounting1054 Words   |  5 Pagesï » ¿CHAPTER 1 (Introduction to Management Accounting) P-1-4A The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2014. Raw Materials Factory Insurance $ 4600 Inventory 7/1/13 $ 48000 Factory Machinery Raw Materials Depreciation 16,000 Inventory 6/30/14 39,600 Factory Utilities 27,600 Finished Goods Office Utilities Expenses 8,650 Inventory 7/1/13 96,000 Sales Revenue 534,000 Finished Goods Sales DiscountsRead MoreManagerial Accounting And Its Techniques2715 Words   |  11 PagesRunning head: MANAGERIAL ACCOUNTING AND ITS TECHNIQUE 1 MANAGERIAL ACCOUNTING AND ITS TECHNIQUES 12 Managerial Accounting and Its Techniques Melissa Reppert BUS 630: Managerial Accounting Dr. Veliota Drakopoulou May 11, 2015 Introduction Management Accounting is an important activity within an organization. It plays several functions in any organization through the actions undertaken by management accountants. AccordingRead MoreIssues of Managerial Accounting1047 Words   |  5 PagesINTRODUCTION : Managerial accounting is concerned with providing information to managers – that is , people inside an organization who direct or control it’s operations. Via managerial accounting managers understood that good business results come from dynamic processes , procedures and practices that are well designed and properly implemented and managed. Certified management accountants are qualified to help their fellow managers achieve good business results because they have earned an advancedRead MoreImportance of Managerial Accounting1005 Words   |  5 PagesIntroduction The purpose of management accounting in the organization is to support competitive decision making by collecting, processing, and communicating information that helps management plan, control, and evaluate business processes and company strategy. The interesting thing about management accounting is that it is rare to find an individual within a company with the title of â€Å"management accountant.† Often many individuals function as accountants within the organization, but these individualsRead MoreThe Purpose Of Managerial Accounting2785 Words   |  12 PagesManagerial accounting is helpful to the managers in of identifying, measuring, analyzing, interpreting and communicating information for the pursuit of organization’s goals. It contrast with financial accounting in that later is aimed to provide information to external user of accounting information while managerial accounting it’s aimed at helping the mangers to make decision in the organization. Purpose of managerial accounting The purpose of management accounting in the organization is to support

The Best Way For Reach Children A Mixture Of Progressive...

PHILOSOPHY ESSAY I believe the best way to reach children is through a mixture of progressive teaching along with social reconstruction. Proverbs 22:6 explains the background to my philosophy perfectly, â€Å"Train a child up in the way he should go, even when he is old, he will not depart from it† (New American Standard Version). I think children learn better, when they are interested in the curriculum. Children should do projects that involve their minds so it helps them to remember. I also think that children should be aware of problems in our society and think about how they can change the world for a better place. As a history teacher, I want my students to truly learn history, not just memorize dates. In order to achieve this I will divide the class into groups of four or five students each. Then I will have each group pick a piece of history that they want to study from a selection that the class is going to learn about on American history. I will let the groups choose which event they want to have because students learn better, when they are interested in the subject. According to the textbook Introduction to Teaching, students â€Å"best courses were those that had them work on projects (e.g., science projects) that allowed them to solve problems that were interesting to them or to write about topics that were important to them† (Kauchak Eggen, 2014, p. 157). This project will make learning a fun experience for them while providing skills to work together as a team toShow MoreRelatedDeveloping Effective Research Proposals49428 Words   |  198 Pagessubject publication date: lcc: ddc: subject: Developing Effective Research Proposals Essential Resources for Social Research Punch, Keith. Sage Publications, Inc. 0761963553 9780761963554 9780585386072 English Social sciences--Research--Methodology, Proposal writing in the social sciences. 2000 H62.P92 2000eb 300/.72 Social sciences--Research--Methodology, Proposal writing in the social sciences. cover next page Page i Developing Effective Research Proposals previous page page_i Read MoreOne Significant Change That Has Occurred in the World Between 1900 and 2005. Explain the Impact This Change Has Made on Our Lives and Why It Is an Important Change.163893 Words   |  656 PagesFireweed: A Political Autobiography Allida M. Black, ed., Modern American Queer History Eric Sandweiss, St. Louis: The Evolution of an American Urban Landscape Sam Wineburg, Historical Thinking and Other Unnatural Acts: Charting the Future of Teaching the Past Sharon Hartman Strom, Political Woman: Florence Luscomb and the Legacy of Radical Reform Michael Adas, ed., Agricultural and Pastoral Societies in Ancient and Classical History Jack Metzgar, Striking Steel: Solidarity Remembered JanisRead MoreOrganisational Theory230255 Words   |  922 Pagesvaluable. Peter Holdt Christensen, Associate Professor, Copenhagen Business School, Denmark McAuley et al.’s book is thought-provoking, witty and highly relevant for understanding contemporary organizational dilemmas. The book engages in an imaginative way with a wealth of organizational concepts and theories as well as provides insightful examples from the practical world of organizations. The authors’ sound scholarship and transparent style of writing set the book apart, making it an ingenious readRead MoreDeveloping Management Skills404131 Words   |  1617 PagesCongress Cataloging-in-Publication Data Whetten, David A. (David Allred) Developing management skills /David A. Whetten, Kim S. Cameron.—8th ed. p. cm. Includes bibliographical references and index. ISBN 978-0-13-612100-8 1. Management—-Study and teaching. 2. Management—Problems, exercises, etc. Kim S. II. Title. HD30.4.W 46 2011 658.40071 173—dc22 I. Cameron, 2009040522 10 9 8 7 6 5 4 3 2 ISBN 10: 0-13-612100-4 ISBN 13: 978-0-13-612100-8 B R I E F TA B L E O F C O N T E N T S PrefaceRead MoreMetz Film Language a Semiotics of the Cinema PDF100902 Words   |  316 Pagestranslated by signified (signifià © in French)—which is used throughout the text. Langue and parole have increasingly been translated by language and speech, although this is not an ideal solution. Dà ©couper, translated by Taylor in a number of ways (break up, break down analysis, etc.), would more easily be translated by segmenting when used in the linguistic sense, and by dà ©coupage when used to describe the final stage of a shooting script. Michael Taylor also coined the expression mirrorRead MoreExploring Corporate Strategy - Case164366 Words   |  658 Pagesalso over 33 classic cases on the Companion Website. These are a selection of cases from recent editions of the book which remain relevant for teaching. The case studies are intended to serve as a basis for class discussion and not as an illustration of either good or bad management practice. They are not intended to be a comprehensive collection of teaching material. They have been chosen (or speciï ¬ cally written) to provide readers with a core of cases which, together, cover most of the main issuesRead MoreContemporary Issues in Management Accounting211377 Words   |  846 Pages978–0–19–928336–1 (Pbk.) 1 3 5 7 9 10 8 6 4 2 3 FOREWORD ‘ Michael Bromwich is an exemplar of all that is good about the British tradition of academic accounting. Serious in intent, he has striven both to illuminate practice and to provide ways of improving it. Although always appealing to his economic understandings, he has been open to a wide variety of other ideas, recognizing their intellectual strengths and capabilities rather than making artificial distinctions between what is acceptableRead MoreProject Mgmt296381 Words   |  1186 PagesTopics Chapter 1 Modern Project Management Chapter 8 Scheduling resources and cost 1.2 Project defined 1.3 Project management defined 1.4 Projects and programs (.2) 2.1 The project life cycle (.2.3) App. G.1 The project manager App. G.7 Political and social environments F.1 Integration of project management processes [3.1] 6.5.2 Setting a schedule baseline [8.1.4] 6.5.3.1 Setting a resource schedule 6.5.2.4 Resource leveling 7.2 Setting a cost and time baseline schedule (1.3.5) [8.1.3] 6.5.2.3 Critical

What types of problems and effects are been forced upon the planet Free Essays

What types of problems and effects are been forced upon the planet with modern technology and the increasing population and what can be done to make the planet healthier? The growing population, deforestation and use of fossil fuels are causing the biggest environmental problem that has been discovered over the past 50 years, Global Warming. In the past 10 years dramatic actions have been taken to curb the dangerous affects that could lead to drought, floods, sweltering heat and rising seas. I believe that to curb the effects more people should be aware of what the future would be like for future generations. We will write a custom essay sample on What types of problems and effects are been forced upon the planet? or any similar topic only for you Order Now How their lives would be affected by global warming. Simple things like walking to work and school or using a bike to commute would make a huge difference, if more people knew that bicycling is 117% more efficient than walking, and then I believe more people would do it. However the majority will have to take this into account if they want to make a difference. By simply wearing an extra shirt around the house and not turning on the heating will contribute to saving the environment. Paper which is made from trees should not be wasted and recycled when finished with. In order to prevent unnecessary usage of the planets resources’ recycling helps to curb the effects of deforestation. Whenever a person uses a car or forgets to switch their television off at the mains, leaving the little red light to waste energy, a thought should be spared for the millions of men women and children that survive every day in third world countries who have quite possibly never seen a television. If every commuter car in the U.S. transported an extra person, it would save eight billion gallons of fuel a year. Facts like these assist in convincing people that small gestures matter. However many people do not think that just one person can make the difference. Scientists have discovered the main causes of global warming and because of this curbing the effects causing global warming is a great deal easier. Emissions of carbon dioxide and other greenhouse gases from human activities including industrial processes, fossil fuel combustion, and changes in land use, such as deforestation all contribute to the increasing temperature of the planet. Heat from the sun passes through the atmosphere of the earth and heats up the earth’s surface. The heat is reflected back out to space by the earth’s surface but certain gases in the atmosphere trap some of the deflected heat. These gases then act as a blanket, keeping heat locked in the atmosphere warming the planet. This process is similar to that which takes place in a greenhouse environment hence the name â€Å"greenhouse effect† and â€Å"greenhouse gases†. Greenhouse gas (es) is the name given to the gases which trap the heat in the earth’s atmosphere. Carbon Dioxide is the greatest contributor to the build up of gases in the atmosphere. Cars, Factories, even using paper all contribute to the hostile planet we are all creating for future generations. Fossil fuels release the majority of harmful gases into the atmosphere, so in order to reduce the amount of dangerous gas entering the atmosphere; other sources of energy are being used. Renewable energy sources such as Solar Power, Wind turbines/farms, Tidal, Hydro-electric, Geothermal and using Biomass and alternative power sources such as nuclear power all contribute to the decrease in use of fossil fuels. Trees provide oxygen for the planet by removing the carbon from carbon dioxide and releasing oxygen back in to the atmosphere. This done by a process called photosynthesis. Transpiration is a process whereby the plants carry water up the stems of the plants into the leaves and it evaporates through the leaves. These processes determine the weather and cause clouds, which block the suns heat from passing through the ozone layer. Deforestation regularly occurs because of farmers attempting to settle farmland; the poor become ‘shifted cultivators’ and resort to using ‘Slash and Burn’ methods to make an open space. The name implies exactly what happens; trees are cut down and the remains are burned. The ash is used as a fertilizer and the land is used for vegetation farming or a cattle farming, however, the soil that is cleared in slash and burn is left infertile; the nutrients in the soil are quickly absorbed by surrounding organisms. The trees can no longer be replanted in the same area once a shifted cultivator is finished in that area. Another reason for major deforestation is because of many labourers resorting to illegally cutting down trees to survive. The UN has however developed a plan to provide the poorer countries with enough money to stop the deforestation. Acts like these will all help to minimise the dangerous effects inflicted on the planet. Tidal barriers attract a lot of controversy. The proposal to build the Severn Barrier has been severely opposed by many environmentalists, because of impacts upon wildlife and the marine environment. The construction of tidal lagoons has been proposed as a more ecologically sound method of generating electricity from tides. However due to global warming, it is inevitable that the sea levels will rise. Coastal cities must be protected against sea level rise, so tidal barriers must be constructed for this purpose. If CO2 emissions are not dramatically reduced within twenty years we will face much greater sea level rise, and we will then have to look at tidal barriers to protect other UK cities, on the River Severn. Although Biomass is a renewable energy source it does release greenhouse gases into the atmosphere reducing the use of fossil fuels but not necessarily reducing the emissions of harmful gases into the atmosphere. Nuclear power is not renewable but it does not emit any harmful greenhouse gases and therefore it does not contributing to the greenhouse effect. At present, there are 442 nuclear power stations in operation in the world, with a generation capacity of 368 million kilowatts, which accounts for 16% of world’s total power generation for 18 consecutive years. Nuclear power has many advantages; it is cheap and produces large amounts of energy from small amount of fuel, it is also very reliable and produces very little waste. Although there is little waste produced, it is dangerous and has to be buried underground to contain the radioactivity; it takes hundreds of years before the radioactivity is gone. On April 25th -26th, 1986 the planet suffered worst nuclear power accident occurred at Chernobyl in the former Soviet Union (now Ukraine). The Chernobyl nuclear power plant had 4 reactors and whilst testing reactor number 4 numerous safety procedures were disregarded. A chain reaction in the reactor became out of control creating explosions and a fireball which blew off the reactor’s heavy steel and concrete lid. The Chernobyl accident killed more than 30 people immediately, and as a result of the high radiation levels in the surrounding 20-mile radius, 135,000 people had to be evacuated. It will take four hundred years before the affected area will become liveable again. In conclusion, I have discussed the effects of pollution and the controversy caused, I have also discussed what can be done to curb the effects. The use of renewable energy can assist in the prevention of further damage, and that walking or bicycling instead of driving can also reduce the damaging effects facing the environment. I have discussed the disaster and consequences of nuclear power and its advantages to the environment. I would like to conclude by saying that unless drastic measures are taken to ensure the safety and wellbeing of future generations, the planet will die and we, as a species, will too. How to cite What types of problems and effects are been forced upon the planet?, Papers

Biography On Linda Crew (motives For Writing Child Essay Example For Students

Biography On Linda Crew (motives For Writing Child Essay ren Of The River) About Linda Crew and her reasons for writing this The author of Children of the River, Linda Crew, expresses her emotions and brings her past experiences into her writings. A lot of authors base their books on personal experiences; Linda Crew is just an example of one. Linda Crew went to the University of Oregon, since she lived in Oregon for a while before writing Children of the River, which could be a major factor in why it took place in Oregon. She then got married, had children and lived on a farm there. (http://www.randomhouse.com/teachers/authors/crew.html) After all, in the book, Sundara did move to Oregon from Cambodia. So Linda Crew probably liked it in Oregon and wanted the main characters in the book settle there. Speaking of Cambodia, when Linda Crew was in Oregon, her friends were Cambodian refugees who inspired her to write this novel. (Crew, Linda, Children of the River back cover) She probably asked them how it felt to be Cambodian refugees and what their past experiences were and how they dealt with all of their problems. Also, I think this book was about love because at the time when she wrote this book, she was in love and had just gotten married. She knew how it felt to be in love and what happens when you? ¦re in love. She just wrote about her feelings and how good it felt to be in love with the right person, just like how Sundara had to choose between being in love with Chamroeun or Jonathan. Linda Crew chose to write about her experiences, her feelings and her friends. Almost every author, if you look into their past deep enough does that with their novels. All in all, Linda Crew is an outstanding author with excellent novels of great quality. Category: Biographies