Responsible Accounting Essay

1. Identify at least two behavioral that could arise There are two potential behavior advantages if manager accepts and participate in the responsibility accounting system and participatory budgeting system. Responsibility accounting is used to measure the performance of people and department to foster goal congruence whereas, participatory budgeting system is a budgeting process under which those people impacted by a budget are actively involved in the budget creation process. When BSC’S manager is likely to accept the system and be motivated to attain the budget target, they were actively involved in setting the goals and know what is expected of them. It would be motivate them to plan ahead and promote goal congruence. Besides that, manager would be pleased to be responsible only for those items they can control because they have certain objective to be achieved. Furthermore, communication and group cohesiveness would be improved because managers would feel part of a team due to participate in both planning and implementation system that are to be adopted 2. Identify at least two potential problems that could arise Responsible Accounting System In BSC responsible accounting system, the two potential problems that might be arise if the manager did not accept the changes in the philosophy. First they will be a problem if they could not resent in being measured on an individual basis rather than the new system. They may have responsible for costs over which they have no control on it. So the manager must understand the new responsibilities in new culture of management and how they must operates and gives cooperation on it. If the manager did not accept the changes, they might face with the high focus on their own departments goal and this will contribute to the lack of communication between departments and to the company performance. Participating Budgeting System Participating budgeting system encouraged the manager to be more motivated in doing their jobs and take responsibility to achieve the organization goals. This will encourage creativity and also ideas to the organization  community to work as a team and giving cooperation to each other. However, overemphasis on department goals can hurt cross departmental employee relation due to the different motivation and also goals. 3. Discuss the likelihood that the system will contribute to the alignment of organizational and personal goals. Responsibility Accounting System. This system is used to measure the performance of people and departments to foster goal congruence. It means that the employees and organization are achieving and have same goals and objective. Therefore, if the company adopting this system it will help to ensure that the organizational and personal goals are aligned and help to achieve company’s objective. Since Commercial Maintenance, Inc. took the time to fully explain and communicate the system to BSC’s managers, by pointing out the advantages and encouraging their participation, organizational and personal goals will likely become aligned. Hence, it will increase the management performance as well as the company reputations. Participatory Budgeting System. Participatory budgeting is a process of democratic and decision making, and a type of participatory democracy, in which managers or employees decide how to allocate the organization budget. Participatory budgeting allows both organization and employees to identify, discuss and gives them the power to make real decisions about how money is spent. If the company implementing this system it will give benefit equally to the organization and employees because the managers and employees will involve in setting up the organization budget. They will know and understand more what the company wants and needs. Therefore, this system also will contribute to the alignment of organizational and personal goals and give lots of benefit to BSC.

No Topic Example

No Topic Example No Topic – Coursework Example I totally agree with the that MIS becomes very vital to any business MIS as a is very vital forany business student. It will give the business student the background they need to understand, assess, evaluate, and even apply emerging business information systems technology. The key highlight of the author’s convincing opinion is that MIS course to any business school student is the epitome of expansion of business information and empowering any student in handling individual research and enhance their marketability in the job market in the future. The World has become very dynamic and competitive and one would agree with the author the increased international competition due to rapid technological transformation that place the spotlight on the business skills or preparation of the student to the job market, specifically the ability of the business to adapt to dynamic technological environment. This makes MIS thus becomes very relevant to any business student in acquiring skill s necessary in this the nature of organizations.Additionally, through critical analysis, the future business professionals require to be capable to understand, assess, analysis, and apply the dynamic and emerging business information technology to business. This makes MIS class the most important class an undergraduate business student will take. A student would thus need the knowledge of MIS as a course to attain the required skills. MIS majors are uniquely able to understand how information technology may contribute to an industry success, and how to create and apply business information technology focused business solutions.Work citedKroenke, David. "Chapter 1: The Importance of MIS."Â  Using MIS. Upper Saddle River, NJ: Prentice Hall, 2011. 1-23. Print

Honest Abe (Abe Lincoln) Essays - Bleeding Kansas, Free Essays

Honest Abe (Abe Lincoln) Essays - Bleeding Kansas, Free Essays Honest Abe (Abe Lincoln) INTRODUCTION Abraham Lincoln, Honest Abe, is one of the greatest American Presidents. He is known today for his Presidency in which he fought the Confederacy during the Civil War and abolished slavery with the Emancipation Proclamation and later the Thirteenth Amendment. He was an intelligent, honest, and just leader who governed at a critical time in American history. PRE-PRESIDENCY Lincoln was born on the twelfth of February 1809 in a cabin three miles outside of Hodgenville, Kentucky. He was later forced to move to Indiana. As a child Lincoln worked on his familys farm clearing fields and tending crops. He liked to read but unfortunately received hardly any formal education. In fact, his entire schooling only amounted to about one year of attendance. (Brit. 23) In 1830 Lincolns family moved to Illinois. Lincoln didnt want to be a farmer, so he tried other professions: rail-splitter, flatboat man, storekeeper, postmaster, surveyor, an army man, and a profession in Law. In 1932 Lincoln, at twenty-three years old, decided to run for the Illinois State legislature. Lincoln was to campaign for local improvements such as better roads and canals. However, a war with the Indians broke out before Lincolns campaign could get going. In response, he joined the Army. After his short wartime, Lincoln returned to politics and lost the race of Illinois Legislature. In 1834 he ran again and was elected- second of thirteen. At the age of 25 Lincoln was a member of the Illinois Legislature. After his term in the legislature, Lincoln found he needed more money. So, he started studying law on his own. He accepted a job in Springfield at John Todd Stuarts practice. In the late 1830s Lincoln found the love of his life, Mary Ann Todd, the daughter of a rich banker. She got engaged to Abe in 1840 and the two were married in 1842. They had thee children together, Willie and Tad Lincoln. In 1946 Lincoln won the Whig nomination for a seat in the House of Representatives for Illinois and sat in Congress in 1847. The major issues of the time were the Mexican-American war, which Lincoln opposed, and slavery. Lincoln was not an anti-slavery crusader. However, he did vote in Congress to stop it from spreading. Morally, Lincoln hated slavery and said slaver was founded on both injustice and bad policy. He wanted to abolish slavery over time because he thought dramatic actions to end slavery would lead to violence. Lincoln felt that Congress should not interfere with slavery in states in which it already existed. After his term in Congress, Lincoln left politics again for a full time law practice. In the early 1850s Senator Stephen Douglas opened the issue of slavery in the territories of Kansas and Nebraska. In 1854, Congress passed the Kansas-Nebraska act, allowing the issue of slavery in Kansas and Nebraska to be decided by popular sovereignty. Lincoln was thunderstruck and stunned. This act brought him back into politics. He felt obligated to speak out against the Kansas-Nebraska act. So, after Lincoln left law he traveled across Illinois campaigning for anti-slavery Whigs. In his campaigning Lincoln called slavery a cancer and a monstrous injustice. He said he believed in the Declaration of Independence, which states all men are created equal. However, he wasnt sure of what to do with slavery in the states where it already existed in. In 1856, Lincoln switched from the Whig Party to the Republican Party because the Whigs were weak and could never unite against slavery. Lincoln felt that if he wanted to make a point he would have to be with a strong party. In 1858, Lincoln won the Republican Nomination for the Illinois Senate seat. He wanted the seat of his long time rival, Senator Stephen Douglas. In Lincolns first speech for his Senate campaign Lincoln said, I believe this government cannot endure, permanently, half slave and half free. Lincoln warned his opponents that the spread of slavery must be stopped or else it would become lawful in all the states; old as well as new- north as well as south. In July of 1958, Lincoln challenged Senator Douglas to a series of seven three-hour, public debates. Thousands of people showed up to

About Joseph Eichler and West Coast Modernism

About Joseph Eichler and West Coast Modernism Real estate developer Joseph L. Eichler was not an architect, but he revolutionized residential architecture. In the 1950s, 1960s, and 1970s, many suburban tract homes in the United States were modeled after Eichler Houses built by Joseph Eichlers firm. You dont have to be an architecture to have an impact on architecture! Background: Born: June 25, 1901 to European Jewish parents in New York City Died: July 25, 1974 Education: Business degree from New York University Early Career: As a young man, Joseph Eichler worked for a San Francisco-based poultry business owned by his wifes family. Eichler became treasurer for the company and moved to California in 1940. Influences: For three years, Eichler and his family rented Frank Lloyd Wrights 1941 Usonian style Bazett House in Hillsborough, California. The family business was facing a scandal, so Eichler launched a new career in real estate. At first Eichler constructed conventional homes. Then Eichler hired several architects to apply Frank Lloyd Wrights ideas to suburban tract homes for middle class families. A business partner, Jim San Jule, helped craft shrewd publicity. An expert photographer, Ernie Braun, created the images that promoted Eichler Homes as carefree and sophisticated. About Eichler Homes: Between the 1949 and 1974, Joseph Eichlers company, Eichler Homes, constructed about 11,000 houses in California and three houses in New York state. Most of the West Coast homes were in the San Francisco area, but three tracts, including Balboa Highlands, were developed near Los Angeles and remain popular to this day. Eichler was not an architect, but he sought out some of the best designers of the day. For example, the celebrated A. Quincy Jones was one of Eichlers architects. Today, Eichler neighborhoods like the one at Granada Hills in San Fernando Valley have been designated historic districts. The Significance of Eichler: Eichlers company developed what became known as the California modern style, but he also was instrumental in the growing Civil Rights movement. Eichler became known for advocating fair housing during an era when builders and realtors often refused to sell homes to minorities. In 1958, Eichler resigned from the National Association of Home Builders to protest the organizations policies of racial discrimination. In the end, Joseph Eichlers social and artistic ideals cut into business profits. The value of Eichler Homes declined. Eichler sold his company in 1967, but continued to build houses until he died in 1974. Learn More: More About Eichler Homes Eichler Homes: Design for Living by Jerry Ditto, 1995Eichler: Modernism Rebuilds the American Dream by Paul Adamson, 2002People in Glass Houses: The Legacy of Joseph Eichler (DVD) References: History of Eichler Homes, Eichler NetworkSaving the Tract House by Karrie Jacobs, The New York Times, May 15, 2005 Additional Source: Pacific Coast Architecture Database at https://digital.lib.washington.edu/architect/architects/528/ [accessed November 19, 2014]

Buying Decision - a New House Essay Example | Topics and Well Written Essays - 1750 words

Buying Decision - a New House - Essay Example Key words: House, Economy, Domestic Economy, GDP - Gross Domestic Product, BEA - The Bureau of Economic Analysis, purchasing power, inflation, international trade. John & Tia are living in a rented studio apartment at a location near to their offices and commercial area which is ideal for them. However, they are expecting a baby and require bigger space to have room for baby’s nursery and a location that is near to clinic / hospital, school, nurseries, day care centers and other social service offices they might need to consult after they have the baby along with continuation of their respective careers. Both to-be-parents are confused whether to rent a bigger place or make the ultimate investment of buying their own house in an economy that is gradually improving from recession. This is a major investment for the couple that requires a substantial financial expenditure which is going to alter their financial position, spending habits, saving percentage etc. Consequences of th is substantial investment would firstly require savings and other investments evaluation. They have been saving for few years and have sufficient amount to make the down payment and pay mortgage for at least a year. Hence they are prepared financially however, they need to be emotionally willing to take the huge plunge into this big investment as well as cope with resulting restrictions, requirements and tradeoffs involved. They need to assess whether their current income flow is sustainable and can support mortgage payments for the future period. If mother-to-be has to quit job in order to take care of the baby would they be able to afford making payments regularly and how will they manage their financials? They also need to evaluate if it is the right time to take the leap or they should stick to rented option. Their detailed assessment of the economic situation, evaluation based on economic factors and weighing down of options is given below. Majority of the decisions we make as consumers are directly related to or influenced by the prevailing economic conditions. Our future plans are shaped in accordance with our expectation of how the economy will perform. We shall refer to a few of N. Gregory Mankiw’s principles related to the principle of making the purchase decision and influencing factors. According to Mankiw, there is no â€Å"free lunch† we must give up something in order to get something i.e. every decision has its costs / tradeoff. In our case tradeoffs are the plans couple had already made earlier that they now need to forego or put on hold, such as yearly vacation and a new car. They would also have fewer saving hence restricted spending priorities since now they also have to consider extra savings for future expenses related to raising a child as well as maintain the new house if the go ahead with the decision. Further tradeoffs would be loss of interest income being earned on the savings and opportunity cost lost on account of no t having the same amount invested to gain profit. This factor would evolve into the second principle by Mankiw which involves considering and weighing the costs of decisions, i.e. opportunity cost which is ever present. The couple would be losing on the opportunity to have the amount saved and interest being earned giving them financial strength instead of having it spent on down payment, monthly mortgage payment and insurance payments. Other

Polycyclic Aromatic Hydrocarbons (PAHs) Research Paper - 3

Polycyclic Aromatic Hydrocarbons (PAHs) - Research Paper Example The truth is there are toxic and non-toxic PAHs occurring naturally in our environment, the non-toxic ones are found in the food we consume (Glenn 1995). They are known as Phytochemicals and are available not only in vegetables but also fruits, grains and several other plants used as foods. These are essential for our health when cooked and consumed appropriately (Sommerburg 1998). This document will discuss the benefits of consuming abundant vegetables in our diet to prevent chronic diseases. Phytochemicals are the bioactive non-nutrient compound found in vegetable. Almost 5000 phytochemicals are estimated to be identified but more are still deemed to be unknown, limiting the full knowledge of the vegetable benefits to our health, suggesting that there could be more benefits. In our day to day activities, our cells are constantly exposed to a lot of oxidizing agents, some toxic and some beneficial to our life. These are the normal PAHs and are found in air, water or the food we consume, some are even being metabolically produced within the cells. Optimal physiologic conditions in our bodies require a balanced state a balanced state of oxidants and antioxidants (Block 1992). Excessive oxidants production causes imbalance which leads to oxidative stress which mostly affects the chronic bacterial, parasitic and even viral infections. This causes serious oxidative damages to the bimolecular substances mainly the proteins, lipids and DNA increasing the risk of chronic disease s like cancer and even cardiovascular disease. Consumption of sufficient antioxidants slows down or even prevents this oxidative stress in our bodies. Vegetables are the known source to have a wide variety of these antioxidant compounds, these may be phenolics or carotenoids which helps in protecting cellular systems from damage due to the oxidative stress, reducing the risk of chronic diseases (Hung 2004). An evidence to show that the compounds found in

World poverty Article Example | Topics and Well Written Essays - 1500 words

World poverty - Article Example The annual income required to a family to survive according to federal governments is the most general definition of poverty, which is established through the statistical evaluation. Michael Darby (1997:4) states that the actual definition of poverty is political, whose purpose is to level the growth related to programs. According to US census, keeping in view the inflation the poverty line regarding family of four in 2000 was $17,050 income. However, this definition of poverty has many issues according to several scholars of poverty such as; treatment of taxes, special work associated expenditures, regional dissimilarities in the price of living, cash income (Blank 1997; Quigley, 2003). Poverty annihilation due to political, ethical and economic urgency is necessary. The statement was given, in Copenhagen, fifteen years ago at the World Summit for Social Development by the global leaders. For growth, since then poverty annihilation has become the prime target, and it is being considered a common destructive element for the whole of humanity. To overcome poverty has become a global goal and it must be achieved until 2015. The goal, which was set fifteen years ago, could not obtain still. Still, poverty lingering everywhere except East Asia and China and at some level India, which have achieved incredulous success. According to the Social Summit 1995, the definition of poverty comprised of lack of participation, deprivation, and social exclusion and today the definition has extended in several other dimensions, and the goal is still very far. In sub-Saharan Africa, the rate of poverty is inflexibly and ineptly high. Moreover, in South Asia, poverty reduction is very low despite a sustainable development. To minimize and eradicate poverty economic growth seems a very significant factor; however, the growth at the same time in other directions is also mandatory such as; education,