Due to the intense global competition factors other than price have become more important over the years. In order to retain customer companies have to provide excellent customer service and good product variety. If an important client requests a customized service or product and the company has the capabilities to comply, the firm must accommodate the customer to achieve customer retention. The stakeholders of corporations care more about the behavior of businesses. Corporate social responsibility has become a key strategic focus that is necessary to improve customer retention. At end of the 1990’s Nike Corporation lost a lot of clients due to the fact that they were involved in a sweetshop scheme oversees. Bad publicity and irresponsible acts such as the occurrence at Nike a decade ago are the types of incidents that can destroy the brand value of an enterprise. Another way to increase customer retention is to design products and services that provide greater value at a competitive price ...
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(Accounting II Essay Example | Topics and Well Written Essays - 250 Words)
“Accounting II Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.net/miscellaneous/384759-accounting-ii.
The manipulations have taken place in different forms. While analysing the creative accounting in the context of Greek, Baralexis (2004) found out that the manipulation of accounting has been well documented in accounting literatures and there are examples of manipulation in account books dating back to 1920s.
It is a common experience for all of us that money must be spent carefully. If a person is careless in spending money, a day will come when he will be left with no money. Same holds true for a business firm or for a country as a whole. So as students we must try to understand the importance of maintaining accounts keeping international standards in mind.
The 'Pooling Method', used at present, imposes added costs to the users and prepares of the financial statements. The allocation of resources is also adversely affected, for want of credible information.
the balance sheet was “pumped up” to hide the huge debts of the company and keep the investors, majority of the employees, and government in dark about the true state of affairs. The transaction to inflate the value cannot be said to be at arms’ length as the parties
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I will also assume that the coat has been freshly pressed, is wrinkle-free, and that you are right-handed. One or two trial runs should be enough to learn how to put on a coat.
In a simple coat, the frontal left half overlaps the right,
The fact that he asked his CPA subsequently about the possible deduction was a proof of that good faith. After inquiry, it was only at that point when the accountant denied having given consent on the prior claim for deduction made. In fact, he did not hide it to
The analysis was made so that any external investors who might be interested in the company are able to utilize the calculated ratio results to determine Riordan Inc’s performance and its most updated financial position and strategy. The discussed liquidity ratios of the
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