The document outlines a lesson plan for teaching a chapter on international business structures and operations. It includes three lessons covering methods of business ownership, operations of global businesses, and starting global business activities. Each lesson provides teaching resources, goals, content to cover, figures and assessments. It also includes a review section at the end to wrap up the chapter.
We look at the how IT Service Management Vision, Mission, Goals and Measures are crucial for all organizations. Presented by Michael Kublin, PeopleTek. Mike and his team specialize in coaching and leadership development.
Triune Global provides Leadership Coaching, Advanced Sales Training and Training Consultation.
Leadership Series: Psychometric Assessments, 360 Degrees Survey, 1-on-1 Coaching, Building Championship Teams, Emotional Intelligence, Resolving Conflicts @ Workplace
Advanced Selling Skills: Consultative Selling, Negotiation Skills and Powerful Presentation Skills
Training Consultation: Training Needs Analysis, Training Curriculum and Training Effectiveness Measurement
Problem 3 15 pointsThe following items were taken from the po.docxelishaoatway
Problem 3: 15% points:
The following items were taken from the post adjusted trial balance of Flop Company. (All balances are normal.)
Mortgage payable $ 1,443 Accumulated depreciation 3,655
Prepaid expenses 880 Accounts payable 1,200
Equipment 11,000 Notes payable after 2016 1,444
Long-term investments 1,100 Flop’s capital 10,480
Short-term investments 1,756 Accounts receivable 2,690
Notes payable in 2015 1,000 Inventories 2,100
Cash 1,696 Service Revenue 9,000
Rent Expense 1,000 Wages Expense 5,000
Utilities Expense 1,000
Instructions: Prepare a classified balance sheet in good form as of December 31, 2014.
Problem 4: 10% points:
Prepare journal entries to record the following transactions entered into by Flip Company:
2012
June 1 Accepted a $10,000, 12%, 1-year note from Flop as full payment on her account.
Nov. 1 Sold merchandise on account to Flap, Inc. for $12,000, terms 2/10, n/30.
Nov. 5 Flap, Inc. returned merchandise worth $500.
Nov. 9 Received payment in full from Flap, Inc.
Dec. 31 Accrued interest on Flop's note.
2013
June 1 Flop honored her promissory note by sending the face amount plus interest. No interest has been accrued in 2013
Problem 5: 10% points:
Flip Company purchased equipment on July 1, 2011 for $90,000. It is estimated that the equipment will have a $5,000 salvage value at the end of its 5-year useful life. It is also estimated that the equipment will produce 125,000 units over its 5-year life.
Instructions
Answer the following independent questions.
1. Compute the amount of depreciation expense for the year ended December 31, 2011, using the straight-line method of depreciation.
2. If 14,000 units of product are produced in 2011 and 26,000 units are produced in 2012, what is the book value of the equipment at December 31, 2012? The company uses the units-of-activity depreciation method.
3. If the company uses the double-declining-balance method of depreciation, what is the balance of the Accumulated Depreciation—Equipment account at December 31, 2013?
Problem 6: 10% points:
Flip earns a salary of $7,500 per month during the year. FICA taxes are 8% on the first $100,000 of gross earnings. Federal unemployment insurance taxes are 6.2% of the first $7,000; however, a credit is allowed equal to the state unemployment insurance taxes of 5.4% on the $7,000. During the year, $25,600 was withheld for federal income taxes and $5,700 was withheld for state income taxes.
Instructions
(a) Prepare a journal entry summarizing the payment of Flip’s total salary during the year.
(b) Prepare a journal entry summarizing the employer payroll tax expense on Flip’s salary for the year.
(c) Determine the cost of employing Flip for the year.
MBA Management Report (BU7757) Supervisor’s Handbook - Steve Page
Department of
Business, Strategy & Entrepreneurship
Module Handbook 2013 - 2014
Module Code: BU7757
Module Title: MBA Management Project
Tutor: Steve PageAbstract
This guide addresses two p.
Managing the Support Organization through Mergers and AcquisitionsLala Mamedov
Mergers and acquisitions are a fact of life. Chances are, most of us will be through this process several times in our careers, whether on the acquiring or acquired side. The challenges of managing thorough mergers and acquisitions often appear particularly intense for leaders of support organizations. We have to help the support employees stay focused, engaged, and delivering great support to the customers, all while the uncertainty about the future is stressing everybody out. In this presentation, you will gain insights into managing support organizations through mergers and acquisitions that will help you retain employees and customers, and deliver uninterrupted service while organizations, products, tools, and infrastructures are getting integrated. You will walk away with proven practices, checklists, and templates that will make you feel much more in control when the next M&A event comes around.
The Big6: Information Literacy and Executive Skills - Future-proofing StudentsBig6 Associates, LLC
Presentation by Bob Berkowitz at AASL 2011, "Turn the Page" Conference, Minneapolis, MN. Berkowitz poses the questions "What higher-level thinking skills will students need most in the future,"and "how can teacher librarians and classroom teachers integrate strategies that put students in a position to succeed for a lifetime?"
We look at the how IT Service Management Vision, Mission, Goals and Measures are crucial for all organizations. Presented by Michael Kublin, PeopleTek. Mike and his team specialize in coaching and leadership development.
Triune Global provides Leadership Coaching, Advanced Sales Training and Training Consultation.
Leadership Series: Psychometric Assessments, 360 Degrees Survey, 1-on-1 Coaching, Building Championship Teams, Emotional Intelligence, Resolving Conflicts @ Workplace
Advanced Selling Skills: Consultative Selling, Negotiation Skills and Powerful Presentation Skills
Training Consultation: Training Needs Analysis, Training Curriculum and Training Effectiveness Measurement
Problem 3 15 pointsThe following items were taken from the po.docxelishaoatway
Problem 3: 15% points:
The following items were taken from the post adjusted trial balance of Flop Company. (All balances are normal.)
Mortgage payable $ 1,443 Accumulated depreciation 3,655
Prepaid expenses 880 Accounts payable 1,200
Equipment 11,000 Notes payable after 2016 1,444
Long-term investments 1,100 Flop’s capital 10,480
Short-term investments 1,756 Accounts receivable 2,690
Notes payable in 2015 1,000 Inventories 2,100
Cash 1,696 Service Revenue 9,000
Rent Expense 1,000 Wages Expense 5,000
Utilities Expense 1,000
Instructions: Prepare a classified balance sheet in good form as of December 31, 2014.
Problem 4: 10% points:
Prepare journal entries to record the following transactions entered into by Flip Company:
2012
June 1 Accepted a $10,000, 12%, 1-year note from Flop as full payment on her account.
Nov. 1 Sold merchandise on account to Flap, Inc. for $12,000, terms 2/10, n/30.
Nov. 5 Flap, Inc. returned merchandise worth $500.
Nov. 9 Received payment in full from Flap, Inc.
Dec. 31 Accrued interest on Flop's note.
2013
June 1 Flop honored her promissory note by sending the face amount plus interest. No interest has been accrued in 2013
Problem 5: 10% points:
Flip Company purchased equipment on July 1, 2011 for $90,000. It is estimated that the equipment will have a $5,000 salvage value at the end of its 5-year useful life. It is also estimated that the equipment will produce 125,000 units over its 5-year life.
Instructions
Answer the following independent questions.
1. Compute the amount of depreciation expense for the year ended December 31, 2011, using the straight-line method of depreciation.
2. If 14,000 units of product are produced in 2011 and 26,000 units are produced in 2012, what is the book value of the equipment at December 31, 2012? The company uses the units-of-activity depreciation method.
3. If the company uses the double-declining-balance method of depreciation, what is the balance of the Accumulated Depreciation—Equipment account at December 31, 2013?
Problem 6: 10% points:
Flip earns a salary of $7,500 per month during the year. FICA taxes are 8% on the first $100,000 of gross earnings. Federal unemployment insurance taxes are 6.2% of the first $7,000; however, a credit is allowed equal to the state unemployment insurance taxes of 5.4% on the $7,000. During the year, $25,600 was withheld for federal income taxes and $5,700 was withheld for state income taxes.
Instructions
(a) Prepare a journal entry summarizing the payment of Flip’s total salary during the year.
(b) Prepare a journal entry summarizing the employer payroll tax expense on Flip’s salary for the year.
(c) Determine the cost of employing Flip for the year.
MBA Management Report (BU7757) Supervisor’s Handbook - Steve Page
Department of
Business, Strategy & Entrepreneurship
Module Handbook 2013 - 2014
Module Code: BU7757
Module Title: MBA Management Project
Tutor: Steve PageAbstract
This guide addresses two p.
Managing the Support Organization through Mergers and AcquisitionsLala Mamedov
Mergers and acquisitions are a fact of life. Chances are, most of us will be through this process several times in our careers, whether on the acquiring or acquired side. The challenges of managing thorough mergers and acquisitions often appear particularly intense for leaders of support organizations. We have to help the support employees stay focused, engaged, and delivering great support to the customers, all while the uncertainty about the future is stressing everybody out. In this presentation, you will gain insights into managing support organizations through mergers and acquisitions that will help you retain employees and customers, and deliver uninterrupted service while organizations, products, tools, and infrastructures are getting integrated. You will walk away with proven practices, checklists, and templates that will make you feel much more in control when the next M&A event comes around.
The Big6: Information Literacy and Executive Skills - Future-proofing StudentsBig6 Associates, LLC
Presentation by Bob Berkowitz at AASL 2011, "Turn the Page" Conference, Minneapolis, MN. Berkowitz poses the questions "What higher-level thinking skills will students need most in the future,"and "how can teacher librarians and classroom teachers integrate strategies that put students in a position to succeed for a lifetime?"
1. Chapter 5 Lesson Plans 1
International Business Teacher:
_______________________
Week of: _______________________
M T W Th F
Unit 2 Organizing for International Business
Introduction
• Unit Overview, p. 108
• Regional Profile, Asia-Pacific Rim, pp. 109–111
Unit Projects
• Global Cross-Cultural Team Project: Organize International Business
Activities, p. 240
• Winning Edge BPA: Extemporaneous Speaking, p. 241
2. Chapter 5 Lesson Plans 2
International Business Teacher:
_______________________
Week of: _______________________
M T W Th F
Chapter 5 Structures of International Business
Organizations
Introduction
• Chapter Overview, p. 112
• Global Focus: Mitsubishi: From Trading Company to Multinational
Corporation, p. 113
Chapter 5 Teaching Resources
• Activities and Study Guide, Ch. 5
• Exam View®, Ch. 5
• Instructor’s Resource CD
• PowerPoint Slides, Ch. 5
• Lesson Plans, Ch. 5
• Activities and Study Guide Instructor’s Edition, Ch. 5
• Web Site www.cengage.com/school/genbus/intlbizNet Bookmark
• Study Tools
• Quiz Prep
• Activities
• Crossword Puzzles
3. Chapter 5 Lesson Plans 3
International Business Teacher:
_______________________
Week of: _______________________
M T W Th F
Lesson 5- 1 Methods of Business Ownership
Pages 114–120
Teaching Resources
• Activities and Study Guide, Lesson 5-1
• Instructor’s Resource CD
• PowerPoint Slides, Lesson 5-1
• Lesson Plans, Lesson 5-1
Goals
• Describe the advantages and disadvantages of a sole proprietorship.
• Describe the advantages and disadvantages of a partnership.
• Explain the characteristics of a corporation.
• Name other forms of business ownership.
Focus
• AIE p. 114
Teach
• The Sole Proprietorship, pp. 114–115
• Partnership, p. 116
• Corporation, pp. 117–118
Special Features
• Work as a Team, p. 117
• Global Business Spotlight, Corporate Notations, p. 118
Figures
• Figure 5.1, Percentage of U.S. Businesses by Method of Organization, p. 115
• Figure 5.2, Percentage of Sales by Method of Business Organization, p. 117
Web Site
• www.cengage.com/school/genbus/intlbiz
• Net Bookmark, p. 116
• Study Tools, p. 120
Ongoing Assessment
• Checkpoint, pp. 115, 117, 118, 119
• Review Global Business Terms, p. 120
• Review Global Business Concepts, p. 120
• Solve Global Business Problems, p. 120
• Think Critically, p. 120
• Make Academic Connections, p. 120
4. Chapter 5 Lesson Plans 4
Annotated Instructor’s Edition
Teaching Strategies
• Print Learners, p. 115
• Gifted Students, p. 116
• Limited English Proficiency, p. 116
Ongoing Assessment
• Checkpoint, pp. 115, 117, 118, 119
• Assess, p. 120
• Reteach, p. 120
• Enrich, p. 120
• Portfolio, p. 120
• Close, p. 120
5. Chapter 5 Lesson Plans 5
International Business Teacher:
_______________________
Week of: _______________________
M T W Th F
Lesson 5- 2 Operations of Global Businesses
Pages 121–125
Teaching Resources
• Activities and Study Guide, Lesson 5-2
• Instructor’s Resource CD
• PowerPoint Slides, Lesson 5-2
• Lesson Plans, Lesson 5-2
Goals
• Describe the activities and characteristics of multinational companies.
• Identify concerns related to multinational companies.
Focus
• AIE, p. 121
Teach
• Multinational Companies, pp. 121–123
• Concerns about Multinational Companies, p. 123
Special Features
• Communication Across Borders: Komatsu Abandons Japanese for English, p. 122
• Work as a Team, p. 123
• Global Business Spotlight, SWOT Analysis, p. 123
• International Business Perspective, Geography: Landlocked Countries, p. 124
Figures
• Figure 5-3, Multinational Companies Cross Borders, p. 121
• Figure 5-4, Landlocked Countries, p. 124
Web Site
• www.cengage.com/school/genbus/intlbiz
• Study Tools, p. 125
Ongoing Assessment
• Checkpoint, p. 123
• Review Global Business Terms, p. 125
• Review Global Business Concepts, p. 125
• Solve Global Business Problems, p. 125
• Think Critically, p. 125
• Make Academic Connections, p. 125
6. Chapter 5 Lesson Plans 6
Annotated Instructor’s Edition
Teaching Strategies
• Attention Deficit Disorder, p. 124
• Visual Learners, p. 124
Ongoing Assessment
• Checkpoint, p. 123
• Assess, p. 125
• Reteach, p. 125
• Enrich, p. 125
• Portfolio, p. 125
• Close, p. 125
7. Chapter 5 Lesson Plans 7
International Business Teacher:
_______________________
Week of: _______________________
M T W Th F
Lesson 5- 3 Starting Global Business Activities
Pages 126–131
Teaching Resources
• Activities and Study Guide, Lesson 5-3
• Instructor’s Resource CD
• PowerPoint Slides, Lesson 5-3
• Lesson Plans, Lesson 5-3
Goals
• Identify five low-risk methods for getting involved in international business.
• Discuss higher-risk methods for getting involved in international business.
Focus
• AIE, p. 126
Teach
• Low-Risk Methods for Getting Involved in International Business, pp. 126–128
• Higher-Risk Methods for Getting Involved in International Business, pp. 129–130
Special Features
• A Question Of Ethics, Stealing Secrets by Foreign Partners, p. 128
• Global Business Spotlight, Cereal Partners Worldwide, p. 130
Figures
• Figure 5-5, Methods for Getting Involved in International Business, p. 126
• Figure 5-6, A Joint Venture in Action, p. 129
Web Site
• www.cengage.com/school/genbus/intlbiz
• Study Tools, p. 131
Ongoing Assessment
• Checkpoint, pp. 128, 130
• Review Global Business Terms, p. 131
• Review Global Business Concepts, p. 131
• Solve Global Business Problems, p. 131
• Think Critically, p. 131
• Make Academic Connections, p. 131
8. Chapter 5 Lesson Plans 8
Annotated Instructor’s Edition
Teaching Strategies
• Auditory Learners, p. 127
• Students with Dyslexia, p. 130
Ongoing Assessment
• Checkpoint, pp. 128, 130
• Assess, p. 131
• Reteach, p. 131
• Enrich, p. 131
• Portfolio, p. 131
• Close. p. 131
9. Chapter 5 Lesson Plans 9
International Business Teacher:
_______________________
Week of: _______________________
M T W Th F
Chapter 5 Review
Teaching Resources
• Activities and Study Guide, Ch. 5
• Exam View®, Ch. 5
• Instructor’s Resource CD
• Activities and Study Guide Instructor’s Edition, Ch. 5
• Web Site www.cengage.com/school/genbus/intlbiz
• Net Bookmark
• Quiz Prep
• Activities
• Crossword Puzzles
Review
• Chapter Summary, p. 132
• Global Refocus, p. 132
• Review Global Business Terms, p. 133
Apply
• Make Global Business Decisions, p. 133–134
• Make Academic Connections, pp. 134
Projects
• The Global Entrepreneur, Creating an International Business Plan: Planning and
Organizing Global Business Operations, p. 135
Annotated Instructor’s Edition
Ongoing Assessment
• Assess, pp. 132, 135
• Reteach, p. 132
• Enrich, p. 132
• Portfolio, p. 135
• Close, p. 135