decision making and statistical software

... Trang 1Accounting for Decision Making and Control Trang 2Outline of Chapter 1Introduction • Purposes of Managerial Accounting – Planning/Decision Making – Control • Financial vs Managerial ... Accounting System – Design and Use of Systems – Evolution Trang 3Planning/Decision Making• Choosing goals, predicting results under various alternatives, making the decision • Examples: – Product ... between decision making and control – Many decisions/choices are arbitrary - don’t be afraid to challenge/critique any systems that we’ve discussed. Trang 11Vortec Example• Trade-off between decision

Ngày tải lên: 05/12/2016, 17:27

... guide individual and group behavior in business  Ethical decisions occur when accepted rules no longer serve and decision makers must weigh values and reach a judgment  Values and judgments play ... Ethics is a part of decision making at all levels of work and approaches for resolving issues Trang 3Business Ethics Defined Comprises organizational principles, values, and norms that may ... ethical decisions Trang 4Business Ethics Defined  Morals: Refer to a person’s personal philosophies about what is right or wrong  Morals are personal and singular  Principles: Specific and pervasive

Ngày tải lên: 09/12/2016, 10:30

... Short- and Long-Term Strategies Board Composition and Structure Shareholder Relations CEO Selection, Termination, and Succession Plans Role of the CEO in Board Decisions Auditing, Control, and Integrity ... success, failure, and ethicality of actions many to demand greater accountability from boards instead monitor executive decisions ethical concern Trang 21Demands for Accountability and Transparency ... with permission. Trang 7 The degree to which a firm understands and addresses stakeholder demands  Involves activities that facilitate and maintain value with stakeholders  Generation of data

Ngày tải lên: 09/12/2016, 10:30

... failure to understand and manage ethical risks was a key problem in the recent financial crisis  Many firms rewarded risk-taking  Difficult-to-understand financial instruments and murky accounting ... issues is a challenge  Changing societal standards over time  The ethical decision making process starts when ethical issue awareness occurs and a discussion begins ... Occupational Fraud and Trang 25Fraud The process of dishonestly creating, distributing, promoting, and pricing products  Puffery: Exaggerated advertising claims, blustering, and boasting  Implied

Ngày tải lên: 09/12/2016, 10:30

... performance goals and corporate culture in general are the most important drivers of ethical decision making Equipping employees with skills that allow them to understand and resolve ethical ... Trang 16Moral Philosophy and Ethical Decision-MakingIndividuals use different moral philosophies for personal decisions than they use for work-related decisions  Two things may explain this ... six stages 1 Punishment and obedience 2 Individual instrumental purpose and exchange 3 Mutual interpersonal expectations, relationships, and conformity 4 Social system and conscience maintenance

Ngày tải lên: 09/12/2016, 10:31

... Poor Rules and procedures Many and formal Few and informal Use of managerial Coordination and control Formal and impersonal Informal and personal Trang 24Examples of Centralized and Decentralized ... principles and values  Responding to misconduct and reporting violations Source: U.S Bank, Do the Right Thing: Code of Ethics and Business Conduct , https://www.usbank.com/hr/docs/policies/coeHandbook.pdf ... getting followers to common goals effectively and efficiently  Power refers to the influence that leaders and managers have over the behavior and decisions of subordinates  A individual has

Ngày tải lên: 09/12/2016, 10:31

... misconduct 4 Standards and procedures communicated effectively via ethics training programs 5 Systems to monitor, audit, and report misconduct 6 Consistent enforcement of standards, codes, and punishment ... 2008). 1 Standards and procedures, such as codes of ethics, that are reasonably capable of detecting and preventing misconduct 2 High-level personnel who are responsible for an ethics and compliance ... auditing, monitoring, enforcement, and revision of program standards Trang 6An Effective Ethics ProgramEffective ethics program ensure that all employees understand and comply with the ethical culture

Ngày tải lên: 09/12/2016, 10:31

... the rights and the property of others • Maintain accurate records and report unethical behavior • Comply with all laws, rules, and regulatory requirements • Avoid conflicts of interest and any appearance ... impropriety • Be responsible stewards in the use, protection, and management of GMCR’s assets and resources • Understand antitrust laws and uphold fair competitive practices • Share GMCR’s story ... risks and problems in activities and plan steps to adjust/correct/eliminate concerns  Recent legislation encourages greater ethics audits Trang 6The SocialAudit The process of accessing and

Ngày tải lên: 09/12/2016, 10:31

... natural and organic products • Satisfying and delighting our customers • Supporting team member happiness and excellence • Creating wealth through profits and growth • Caring about our communities and ... interests  Train and develop employees throughout their careers  Establish reporting mechanisms  Understand employee values and perceptions  Recognize the limits of organizational rules and values ... they are above ethics and compliance requirements Trang 4Leaders Admired for• Promotes ethical conduct as a necessity of business • Shares responsibility and decision making with managers of

Ngày tải lên: 09/12/2016, 10:31

... sustainability is a tool for ethical decision making and financial performance Trang 5Ethical Decisions Affect SustainabilityTrang 6 The most far reaching and controversial issues relate to the ... information, both positive and negative  Companies can use their brand identity to create social value, quality and customer loyalty  Allows a firm to differentiate themselves and promote their products ... differentiation and sale of air pollution technologies  Better environmental performance can decrease costs  Improve risk management and stakeholder relationships, reduce materials and energy used and

Ngày tải lên: 09/12/2016, 10:31

... wholesaling of a leather handbag from Kenya She must travel to Kenya to check on quality and transportation The trip will cost $3000 The cost of the handbag is $10 and shipping to the United ... table Materials handling (20% of direct material cost) 200 Materials handling represents the direct variable costs of the receiving department and is applied to direct materials and purchased components ... noncancelable lease If Leland were to purchase part KJ37, materials handling costs would not be incurred Required: a If Leland purchases the KJ37 units from Scott, the capacity Leland was using to manufacture

Ngày tải lên: 08/09/2017, 09:04

... value and are critical for success Examples include loyal and profitable customer relationships, high-quality processes, innovative products and services, employee skills and motivation, and database ... perspective; and e for the learning and growth perspective Answer: a Grapevine's strategy is one of product innovation and leadership because the company plans to offer a product that is superior and ... vision, and strategy Diff: 1 Terms: balanced scorecard Objective: 2 AACSB: Reflective thinking 3) The learning and growth perspective addresses what employee capabilities, information systems, and

Ngày tải lên: 14/11/2017, 08:04

... Trang 1Managerial Accounting: Making Decisions and Motivating Performance (Datar/Rajan) Chapter 2 An Introduction to Cost Terms and Purposes EOC: E2-1; E2-6 AACSB: Reflective ... Describe the components of and prepare the four basic financial statements Trang 37) The two main ways managers use cost information are when they decisions; and, decisions AACSB: Reflective ... Depreciation on buildings and equipment Cost Object #1 includes categories a, c and f Cost Object #2 includes categories b and g Cost Object #3 includes categories d and e Diff: 2 Page Ref: 30

Ngày tải lên: 14/11/2017, 08:07

... pattern and unexplained variation Trang 71.1 What is Statistics?Statistical Models  Key to extracting answers from data  Good models simplify reality  Finding real patterns helps us to understand ... Questions we can answer with statistics  Variation, patterns and models Trang 41.1 What is Statistics?Statistics as a Discipline  Science and art of extracting answers from data  A statistic is ... simplify reality  Finding real patterns helps us to understand data, plan for the future, and make better decisions Trang 81.2 PreviewsPredicting Employment Trang 91.2 PreviewsPredicting Employment

Ngày tải lên: 10/01/2018, 15:59

... in Australia CHAPTER REVIEW The nature of decisions and the decision- making process Decisions have to be made by all individuals every day Decision making arises because of the need to choose ... is a service activity It uses words and symbols to communicate financial information useful for decision making The terminology and symbols Decision Making and the Role of Accounting used have ... information systems, budgeting, taxation and internal auditing Not-for-profit accounting involves many of the problems and decisions Decision Making and the Role of Accounting encountered in...

Ngày tải lên: 06/03/2014, 15:21

... main areas: voluntary, mandated, and core boundaries P Part Three, “The Decision Making PART The Decision Making Process © S Greg Panosian Chapter 5: Ethical Decision Making and Ethical Leadership ... students understand and use their current values and convictions in making business decisions and to encourage everyone to think about the effects of their decisions on business and society Many ... analyze, and u understand how businesspeople make ethical d decisions and deal with ethical issues Chapter 5, “Ethical Decision Making and Ethical L Leadership,” has been revised and updated t to...

Ngày tải lên: 23/03/2014, 08:20

... confronts significant issues and undertakes a decision- making process in order to deal with them Strategic thinking may involve the identification of and decision- making surrounding important ... such as communications management and data and information collection and analysis that can be used to support the delivery of projects and executive-level decision- making relative to management ... strategic decision- making may occur if there is a lack of critical project performance information that management can use to facilitate and inform its decision- making efforts Crawford and Pennypacker...

Ngày tải lên: 01/06/2014, 14:04

... recognition, decision- making, and action execution brain in the process of environment recognition, decisionmaking, and action execution According to the neuroscientist and psychoanalyst M Solms and Turnbull ... perception and interpretation in buildings,” International Journal of Intelligent Systems and Technologies, vol 4, no 1, pp 1–9, 2009 R Velik and G Zucker, “Autonomous perception and decision making ... holding goal-specific information and streamlining the information flow to the cognitive processes The whole decision- making and behaviour selection process runs as a loop and can be described as follows:...

Ngày tải lên: 21/06/2014, 11:20

... planners When we understand these human psychological phenomena and biases, we can make better investment decisions ourselves, and better understand the behaviours of others and of markets Download ... at bookboon.com Financial Decision- making & Investor Behaviour From standard inance to behavioural inance? From standard inance to behavioural inance? Standard inance stand on the arbitrage principles ... economic decision making process for the view point of the individual human 2.1 Individual economic decision- making In traditional economics, the decision- maker is typically rational and self-interested...

Ngày tải lên: 05/11/2014, 12:34

... người tạo file bổ sung thêm chữ “Leading Consumer Goods Manufacture Streamlined and Enhanced Security of Research and Development Processes with Adobe LiveCycle Solutions,” Adobe Systems, 2009 ... tích chứng khoán, xu hướng sản xuất…) tóm tắt liệu cấp công ty Kenneth Laudon and Jane Laudon, “Chapter 2: E- Business and Global Cooperation – Essential of Management Information Systems,” 9th ... case mở đầu, viết kịch bản, đóng kịch (vai vợ Bụt) MỤC LỤC A LÝ THUYẾT Tình mở đầu chương Procter and Gamble (P&G) có vị trí dẫn đầu giới ngành hàng tiêu dùng chăm sóc sức khỏe Năm 2009, P&G có...

Ngày tải lên: 09/05/2015, 22:28