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Business Dynamics of the Progressive Era

Business Dynamics of the Progressive Era In his book Drift & Mastery, Walter Lippmann suggests certain business dynamics in the America of the Progressive era, and he writes his book form the position of a journalist, beginning with the then-current attitude of belief accorded those who made accusations against business, government, and other controlling interests in American life. He finds this situation somewhat incredible, and indeed what he says has resonance for our own age, given the dedication of many to conspiracy theories and to the belief that the "powers that be" are operating in their own interests and manipulating the rest of us to our detriment. Lippmann finds that…
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Auditors Responsibilites for Financial Statements

Auditors Responsibilites for Financial Statements SLADE VS. FIELD: AUDITOR'S RESPONSIBILITY FOR THE RELIABILITY OF FINANCIAL STATEMENTS Field & Company, a CPA firm, prepared and submitted audited financial statements for the Tyler Corp. Relevant facts apply to both the general situation and the specifics of the audit of the Tyler Corp. With respect to the general situation, Slade, a raw material supplier, on the basis of the financial statements prepared by Field, extended unsecured credit in the amount of $2 million to the Tyler Corp. The Tyler Corp. Subsequently defaulted on its debts, and has insufficient assets to satisfy unsecured creditors. Following the financial failure of the Tyler Corp., it was…
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Analyzing Business Processes

Analyzing Business Processes The initial phase of business process analysis should involve information gathering. This is done by interviewing the employees involved in the organizational workflow in an effort to determine where each individual fits into the organizational engine. Also, the collection of any data, documentation, and forms used in connection with the process. The primary goal at the end of this phase is for all of the relevant information at hand to be readily available for analysis. Next comes the information analysis phase. After the completion of the initial interviews and information gathering phase, it's important to document the results, compare notes, and diagram the overall flow of business…
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ANALYSIS ON WOMEN IN BUSINESS IN CANADA

ANALYSIS ON WOMEN IN BUSINESS IN CANADA AN ANALYSIS ON WOMEN IN BUSINESS IN CANADA This research investigated the obstacles confronting women seeking careers in business management and administration in Canada. Specifically, the objective of the investigation was to identify those factors which had led to a limited representation of women in business management and administration in Canada. Two research questions were investigated in this study. These questions were stated as follows: 1. What factors were involved in the development of the limited representation of women in business management and administration in Canada? 2. What is the relative importance of the factors identified as contributing to the limited representation of…
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American Companies Abroad
The impetus

American Companies Abroad The impetus The impetus for the development of the American global empire is the urge for corporate profits. Like the citizens of other European colonial powers before them, thousands of Americans have left the United States to work abroad for American corporations. When they enter another society, their legal rights enter a grey area. Employees of US corporations abroad are subject to local law when they leave their place of work, but if the company they work for is based in the United States some American law still applies in the workplace. This can create confusion and uncertainty as to what rights American employees have when working…
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Air Bags

Air Bags Safety in the automobile is an issue that automakers face only when they have to. With rare exceptions, car manufacturers do not take the initiative in including safety equipment because they argue that doing so increases the costs of cars and decreases their market share. Automakers argued against the requirement that seat belts be standard equipment for these reasons, and argued against including air bags for the same reasons. Yet air bags have become commonplace in automobiles, and are likely to be standard equipment in most cars before the end of the century. In addition to systems which help minimize injuries in front impact collisions, air bags are…
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Role in the International Market of Lazard Bank

Role in the International Market of Lazard Bank INTERNATIONAL STRATEGIC CHALLENGES IN THE FINANCIAL SECTOR: LAZARD For many years, investment bankers remained outside of the media spotlight. "Bankers" were typically associated with large commercial and retail banks, but investment bankers were often privately owned and funded, and tended to focus on local rather than international customers. There were some exceptions to this. The same advances in telecommunications and transportation that led to the burgeoning global economy in the last quarter of the twentieth century also affected the financial services industry. Mergers and acquisitions led to consolidations in the industry and companies that once focused on local interests expanded their sights…
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Part Time Workers

Part Time Workers Today‚Äôs organizations continue to look for ways to cut costs, increase productivity and profits, and retain competitive advantage. One of the ways many organizations are trying to achieve this goal is by employing part-time workers. Part-time workers offer many advantages to both employees and employers. There are many reasons why it is beneficial for an organization to hire part-time employees. One of these is cost savings. Typically part-time employees are paid less per hour than full time employees. In many instance employees who work part-time do not receive benefits, saving companies additional resources. Further, part-time employees are an excellent way of finding good permanent employees. In order…
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Modern China & Western Capitalism

Modern China & Western Capitalism Modern China has been quick to grasp and accept Western capitalist principles. Neighbor Hong Kong has led the flood of foreign investment that fueled China's astounding 12.8 percent growth of GNP in 1992 (Overholt, 1993, p. 30). However, the obvious rewards are as tantalizingly as they are fraught with risk. Low productivity, a complex system of nepotism and patronage, bureaucratic red tape, defects in legal and financial systems, an inadequate infrastructure, and lack of skilled labor sources are all problems to be addressed (Overholt, 1993, pp. 149-150). Still, as China continues to extend its "open door" policy, the lure of the market will overpower such…
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Growth Prospects

Growth Prospects Business leaders preparing for 2004 were preparing cautiously when it came to the economy, growth prospects and budgets (Dunn). InformationWeek's annual predictions held the highest level of optimism in three years about the companies' revenue prospects, but saw them moving very cautiously with respect to IT planning, with no significant budget increases in the works. The 400 companies surveyed planned to devote an average of 8.3 percent of annual revenues to IT expenditures, which was down from 8.6 percent in 2003. However, 82 percent of these companies expected sales increases, so that figure could rise. Most expected to spend more on IT than in 2003. META Group's 2004…
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