This is the final project from the International Business group of New Hampton School's Junior Urban Adventure.
To find out more about our urban experiential learning project please visit our blog at www.juniorurbanadventure.blogspot.com
Globalization is a significant feature of the modern world. It leads to increasing interdependence between countries through shared needs to exchange goods and services. Countries are becoming more connected through growing international trade and investment, improved transportation and communication infrastructure, and increased global tourism. These connections allow information, goods, and people to move more easily between countries.
This presentation provides an overview of globalization, including its history and key aspects. It discusses how globalization is the increasing interconnectedness between countries through improvements in technology, communication, transportation and trade. It traces the early history of global connections along the Silk Road, and notes how the modern era of globalization began with the Industrial Revolution. Key drivers of current globalization are described as reduced communication and travel costs, the rise of non-governmental organizations, growth of multinational corporations seeking new markets, and changes to the global workforce. Both opportunities and challenges of globalization are presented.
This document discusses factors that affect the cultural adjustment of expatriates working in foreign countries. It proposes that three variables are particularly important for cultural adjustment: cultural training, international experience, and cultural distance. Cultural training can help expatriates learn about and adjust to new cultures. International experience exposes expatriates to different cultures, making adjustment easier. Greater cultural distance between an expatriate's home and host countries makes adjustment more difficult, as there are larger differences to adapt to. The document reviews previous research on these topics and develops a theoretical model exploring the relationships between these three variables and cultural adjustment.
Globalization. it Will help you especially in college since we took this up on my first year, first semester. it will be a very helpful power point since it was made by our professor on her own. use it and try to educate yourself more about it.
The document discusses factors that affect world population growth rates, including birth rates and death rates. It covers important population concepts like population distribution and population density. Population density is defined as the number of people living in a particular area, usually expressed as the number of people per square kilometer. Factors that influence population distribution and density are also listed, such as physical environment, climate, availability of resources, and level of technology.
Minnesota is the 12th largest state located in the north-central region of the United States, bordering Canada. It has a continental climate with cold winters and hot summers. The economy is driven by jobs in supermarkets, construction, and retail like phone sales. Popular attractions include the Cathedral of Saint Paul and cities like Minneapolis and Saint Cloud, while Lake Vermilion, Banning State Park, and Upper Red Lake are top destinations. Famous Minnesota natives include actors Josh Hartnett, Seann William Scott, and Vince Vaughn. Information was gathered from Wikipedia pages.
To me it is very important to become digitally literate. The internet is one of the biggest forms of communication in this era . Becoming digitally literate will make it much easier to communicate with the people and media. Using the internet can help spread messages and ideas to others. It can also be used as a form of communication. You can hear about the opinions of other people and use those for the better way. The Greek civilization is really important in our time today because the Greeks can be used as role models to the people of today. The Greek were also the ones who created Democracy, one of the mot used forms of government today. The Greek have influenced us in many ways and even if they are very ancient
Using a fictitious B2B Online Travel Organization, this research paper explains why doing a foreign direct investment in Brazil, in the Travel industry, is a judicious decision. All the facts presented in the paper are true and validated. However, organizations used for explaining the FDI process are fictitious and any resemblance to an existing organization is a co-incidence. Please email me at ankurdineshsharma@gmail.com for any further information and/or details on this.
Globalization is a significant feature of the modern world. It leads to increasing interdependence between countries through shared needs to exchange goods and services. Countries are becoming more connected through growing international trade and investment, improved transportation and communication infrastructure, and increased global tourism. These connections allow information, goods, and people to move more easily between countries.
This presentation provides an overview of globalization, including its history and key aspects. It discusses how globalization is the increasing interconnectedness between countries through improvements in technology, communication, transportation and trade. It traces the early history of global connections along the Silk Road, and notes how the modern era of globalization began with the Industrial Revolution. Key drivers of current globalization are described as reduced communication and travel costs, the rise of non-governmental organizations, growth of multinational corporations seeking new markets, and changes to the global workforce. Both opportunities and challenges of globalization are presented.
This document discusses factors that affect the cultural adjustment of expatriates working in foreign countries. It proposes that three variables are particularly important for cultural adjustment: cultural training, international experience, and cultural distance. Cultural training can help expatriates learn about and adjust to new cultures. International experience exposes expatriates to different cultures, making adjustment easier. Greater cultural distance between an expatriate's home and host countries makes adjustment more difficult, as there are larger differences to adapt to. The document reviews previous research on these topics and develops a theoretical model exploring the relationships between these three variables and cultural adjustment.
Globalization. it Will help you especially in college since we took this up on my first year, first semester. it will be a very helpful power point since it was made by our professor on her own. use it and try to educate yourself more about it.
The document discusses factors that affect world population growth rates, including birth rates and death rates. It covers important population concepts like population distribution and population density. Population density is defined as the number of people living in a particular area, usually expressed as the number of people per square kilometer. Factors that influence population distribution and density are also listed, such as physical environment, climate, availability of resources, and level of technology.
Minnesota is the 12th largest state located in the north-central region of the United States, bordering Canada. It has a continental climate with cold winters and hot summers. The economy is driven by jobs in supermarkets, construction, and retail like phone sales. Popular attractions include the Cathedral of Saint Paul and cities like Minneapolis and Saint Cloud, while Lake Vermilion, Banning State Park, and Upper Red Lake are top destinations. Famous Minnesota natives include actors Josh Hartnett, Seann William Scott, and Vince Vaughn. Information was gathered from Wikipedia pages.
To me it is very important to become digitally literate. The internet is one of the biggest forms of communication in this era . Becoming digitally literate will make it much easier to communicate with the people and media. Using the internet can help spread messages and ideas to others. It can also be used as a form of communication. You can hear about the opinions of other people and use those for the better way. The Greek civilization is really important in our time today because the Greeks can be used as role models to the people of today. The Greek were also the ones who created Democracy, one of the mot used forms of government today. The Greek have influenced us in many ways and even if they are very ancient
Using a fictitious B2B Online Travel Organization, this research paper explains why doing a foreign direct investment in Brazil, in the Travel industry, is a judicious decision. All the facts presented in the paper are true and validated. However, organizations used for explaining the FDI process are fictitious and any resemblance to an existing organization is a co-incidence. Please email me at ankurdineshsharma@gmail.com for any further information and/or details on this.
The document discusses various topics related to international business including globalization, the Silk Road, OPEC, oil crises, and business models. It provides background on how globalization has led to the exchange of products, ideas and culture between countries. It also describes how OPEC was founded in 1960 by five major oil exporting countries to resist pressure from large oil companies to cut oil prices. OPEC aims to stabilize oil prices and ensure a fair return for member countries. Common business models discussed include franchising, licensing, agency distribution. The document also outlines some of the challenges of expanding business operations globally.
The document summarizes India's EXIM (export-import) policy. Some key points:
1) EXIM policies are provisions related to foreign trade incorporated in the national trade policy and are announced every 5 years. They aim to balance trade and support economic development.
2) The objectives of current 2009-2014 policy include providing access to raw materials to boost growth and making key sectors competitive. It also aims to arrest the declining export trend and provide support to badly affected sectors.
3) The policy outlines import restrictions and provisions around exports/imports including licensing requirements. It also describes various incentive schemes to promote exports, diversify markets, and reduce transaction costs.
Tata Motors is a leading global automobile manufacturer headquartered in India. It has operations in over 80 countries across 6 continents. Tata Motors acquired Jaguar Land Rover in 2008, making it a global automotive leader. The company produces a wide range of commercial and passenger vehicles. It focuses on technological innovation, international expansion, and strategic acquisitions to strengthen its global market position and product portfolio.
This document provides a PEST analysis of the hotel industry and discusses sources of finance and fund allocation for hotel projects. It analyzes the political, economic, social, and technological factors affecting the industry. These include regulations, taxes, visa issues, economic conditions, cultural trends, technology usage, and more. It also outlines common sources of finance for hotels such as share capital, loans, and bonds. Finally, it lists the major cost components of hotel projects like land, buildings, facilities, furniture, and staffing.
A project report of international business enviornment on comparative study o...Projects Kart
This document provides a comparative study of Bajaj and Hero Honda, two major Indian motorcycle manufacturers. It includes background information on the history and leadership of each company. The objectives of the study are to understand the market share and customer perceptions of each brand, as well as the factors influencing customer choices. Research methodology and limitations are also outlined.
Tata motors - International Business Project ReportPrathamesh Gawane
Tata Motors is India's largest vehicle manufacturer, established in 1945. It has a wide range of passenger and commercial vehicles. Some key milestones include launching India's first indigenous passenger car (Indica) in 1998 and people's car (Nano) in 2008. Tata Motors has expanded globally through acquisitions and joint ventures, such as acquiring Jaguar Land Rover in 2008. It aims to develop environmentally friendly vehicles and has a focus on corporate social responsibility programs in India.
This document is a project report submitted to the University of Mumbai on the courier business in India with a case study on Pride International, a courier and logistics company. It includes an introduction to courier services, an overview of the major players in the Indian courier industry, and how to start a courier business. It also examines logistics in the courier industry, the revenue of major companies, and industry contributions to GDP. The report concludes with a case study of Pride International and their supply chain management.
This document provides an overview of Tata Motors, including its history, product range, milestones, and international operations. It discusses how Tata Motors was established in 1945 and has since become India's largest automobile company. It also lists Tata Motors' many achievements and milestones over the years, such as developing India's first indigenous passenger car. The document then provides details on Tata Motors' expansion internationally through subsidiaries and joint ventures around the world.
SAMSUNG: Comprehensive Strategic Analysis from International Business Managem...Aziza Zaldarriaga Sadain
Provides a comprehensive strategic analysis from the perspective of international business management in regards with Samsung.
The outline is written below:
Overview: Current Global Performance of Samsung and Business Models
Comprehensive Strategy Formulation (Input Stage)
Comprehensive Strategy Formulation (Matching Stage)
Comprehensive Strategy Formulation (Decision Stage)
Analysis of Business Strategy: Organizational Culture
Politics of Strategy Choice & Governance Issues; Current Challenges
Conclusion
Comparing SAP, Oracle, and Microsoft Solutions for Project Management; CLASH ...Sasan Hosseyni
The ultimate goal of holding such a seminar is to familiarize the audiences with capabilities and advantages of different systems in order to cover the project management requirements in project-Based companies. Thus, in this presentation, different products from Oracle, SAP AG, and Microsoft are selected deliberately.
This document provides a SWOT analysis and STEEPLED analysis of Tata Motors. The SWOT analysis identifies Tata Motors' strengths as its strong domestic market presence in India, long list of product portfolios, and global presence through acquisitions. Weaknesses include low returns on investment and lack of focus on luxury products. Opportunities lie in acquisitions like Jaguar/Land Rover and entering new markets. Threats include intense competition and rising costs. The STEEPLED analysis examines social, technological, economic, environmental, political, legal, ethical, and demographic factors influencing Tata Motors.
"The world's 200 wealthiest people have as much money as about 40% of the global population, and yet 850 million people have to go
to bed hungry every night."
Hugo Chavez, Venezuela’s socialist president: “The problem is not the production of food … it is the economic, social and political model of the world. The capitalist model is in crisis.”
This Presentation is about the introduction of International Relation, the subject matter of IR, It's historical and institutional evolution and nature of IR.
Globalization refers to the increasing integration and interconnectedness of economies and societies around the world through cross-border movement of goods, services, technology and people. While globalization has positive effects like increased trade, investment and spread of technology and culture, it also has negative consequences such as increased child labor and unemployment in some countries. The document discusses the definition of globalization and e-commerce, examples of globalization, and the positive and negative effects of both globalization and e-commerce on economies and societies.
This document provides an overview of globalization. It defines globalization as the growing interdependence of economies, cultures and populations across the world through cross-border trade, technology, investment, and the flow of people and information. Some key points made are that globalization refers to the increasing interaction between countries through money, ideas and culture, as well as the ability to easily communicate and conduct international business. It also discusses reasons for globalization like shrinking distances, access to new markets and resources, and the establishment of international organizations that facilitate trade. Finally, it outlines three approaches to globalization - the globalist view that it is a significant new phenomenon, the transformationalist view that cultural exchange is two-way, and the traditional
This document discusses developing a global perspective and managing a global workforce. It provides tips for increasing cultural intelligence including being aware of your own level of openness, assuming differences until similarity is proven, emphasizing description over interpretation, showing empathy, and treating initial interpretations as working hypotheses. It also discusses the challenges of managing a diverse global workforce, such as conflicts arising from differences in work methods, pay levels, and language barriers. Managing cultural differences in work-family relationships is another challenge.
012 How To Write Dialogu. Online assignment writing service.Julie Davis
The document discusses the World Trade Organization (WTO) and the rounds of negotiations that occur periodically to establish new trade rules and policies. It explains that the WTO is made up of 165 member countries and acts as a forum for negotiating and settling trade disputes according to agreed upon trade rules. When large negotiations are needed to address trade issues, the WTO enters a round of discussions. There have been eight rounds total so far, with the current one being the Doha Round. Previous rounds occurred in different locations, involved varying numbers of countries, lasted different lengths of time, and addressed distinct trade problems.
Galileo report 2030 richard chandler reportRajeev Desai
This document provides a summary of trends that will shape the world's social capital by 2030. It discusses how values are shifting from an emphasis on physical and material security to well-being values that prioritize quality of life, freedom of expression, and tolerance as countries develop. Tolerance and these well-being values are growing among young, educated populations and are associated with creativity and intellectual pursuits. The nature of leadership is also changing, with business leaders nurturing creativity over rigid hierarchies and political leaders needing to adapt similar flexible, collaborative approaches to reflect new social and technological realities. Continued global economic development and integration is expected to see these values and leadership styles spread more widely, though inequality may still breed unrest in some regions.
The document discusses communication and globalization. It covers topics such as defining globalization, how globalization works, its effects on communication, and challenges in multicultural communication settings. Some key points:
- Globalization is defined as the process of interaction and integration among people, companies and governments worldwide due to increased trade and technology.
- It has led to a more interconnected world and created a global communication system where everyone is connected. However, it also faces challenges from cultural and language barriers between groups.
- Effective communication across cultures requires understanding differences in areas like values, language, business practices, and non-verbal communication.
- In multicultural settings, barriers can arise from a lack of cultural awareness
Curriculum DevelopmentDiscussion BoardDiscuss how elementary sOllieShoresna
Curriculum Development
Discussion Board
Discuss how elementary students differ in their development and approaches to learning.
Activity-Based Costing, Journal Entries, T-Accounts, and Preparing an Income Statement. Custom Furniture Company. The only difference is that this problem uses activity-based costing to allocate overhead costs rather than one plantwide rate. Recall that inventory beginning balances were $25,000 for raw materials inventory, $35,000 for work-in-process inventory, and $90,000 for finished goods inventory.
Management of Custom Furniture Company would like to use activity-based costing to allocate overhead costs totaling $1,140,000 rather than one plantwide rate based on direct labor hours. The following estimates are for the activities and related cost drivers identified as having the greatest impact on overhead costs.
Transactions for the month of May are shown as follows:
1. Raw materials were purchased during the month for $15,000 on account.
2. Raw materials totaling $21,000 were placed in production: $3,000 for indirect materials (glue, screws, nails, and the like) and $18,000 for direct materials (wood planks, hardware, etc.).
3. Timesheets from the direct labor workforce show total costs of $40,000, to be paid the next month.
4. Production supervisors and other indirect labor working in the factory are owed wages totaling $27,000.
5. The following costs were incurred related to the factory: building depreciation of $29,000, insurance of $11,000 (originally recorded as prepaid insurance), utilities of $4,000 (to be paid the next month), and maintenance costs of $22,000 (paid immediately).
6. Manufacturing overhead is applied to products based on the following cost driver activity for the month:
Number of purchase orders
75
Number of machine setups
120
Machine hours
1850
Direct labor hours
3240
7. The following selling costs were incurred: wages of $5,000 (to be paid the next month), building rent of $3,000 (originally recorded as prepaid rent), and advertising totaling $10,000 (to be paid the next month).
8. The following general and administrative (G&A) costs were incurred: wages of $13,000 (to be paid the next month), equipment depreciation of $6,000, and building rent of $7,000 (originally recorded as prepaid rent).
9. Completed goods costing $155,000 were transferred out of work-in-process inventory.
10. Sold goods for $100,000 on account and $90,000 cash.
11. The goods sold in the previous transaction had a cost of $129,000.
12. Closed the manufacturing overhead account to cost of goods sold.
Question1: Calculate the predetermined overhead rate for each activity.
Question2: Is overhead underapplied or overapplied for the month of May? Based on the balance in the manufacturing overhead T-account prepared in requirement c, prepare a journal entry for transaction 12.
Question 3:Prepare a journal entry for each of the transactions 1 through 11, and post each entry to the T-accounts set up in requirement b. Lab ...
The document discusses various topics related to international business including globalization, the Silk Road, OPEC, oil crises, and business models. It provides background on how globalization has led to the exchange of products, ideas and culture between countries. It also describes how OPEC was founded in 1960 by five major oil exporting countries to resist pressure from large oil companies to cut oil prices. OPEC aims to stabilize oil prices and ensure a fair return for member countries. Common business models discussed include franchising, licensing, agency distribution. The document also outlines some of the challenges of expanding business operations globally.
The document summarizes India's EXIM (export-import) policy. Some key points:
1) EXIM policies are provisions related to foreign trade incorporated in the national trade policy and are announced every 5 years. They aim to balance trade and support economic development.
2) The objectives of current 2009-2014 policy include providing access to raw materials to boost growth and making key sectors competitive. It also aims to arrest the declining export trend and provide support to badly affected sectors.
3) The policy outlines import restrictions and provisions around exports/imports including licensing requirements. It also describes various incentive schemes to promote exports, diversify markets, and reduce transaction costs.
Tata Motors is a leading global automobile manufacturer headquartered in India. It has operations in over 80 countries across 6 continents. Tata Motors acquired Jaguar Land Rover in 2008, making it a global automotive leader. The company produces a wide range of commercial and passenger vehicles. It focuses on technological innovation, international expansion, and strategic acquisitions to strengthen its global market position and product portfolio.
This document provides a PEST analysis of the hotel industry and discusses sources of finance and fund allocation for hotel projects. It analyzes the political, economic, social, and technological factors affecting the industry. These include regulations, taxes, visa issues, economic conditions, cultural trends, technology usage, and more. It also outlines common sources of finance for hotels such as share capital, loans, and bonds. Finally, it lists the major cost components of hotel projects like land, buildings, facilities, furniture, and staffing.
A project report of international business enviornment on comparative study o...Projects Kart
This document provides a comparative study of Bajaj and Hero Honda, two major Indian motorcycle manufacturers. It includes background information on the history and leadership of each company. The objectives of the study are to understand the market share and customer perceptions of each brand, as well as the factors influencing customer choices. Research methodology and limitations are also outlined.
Tata motors - International Business Project ReportPrathamesh Gawane
Tata Motors is India's largest vehicle manufacturer, established in 1945. It has a wide range of passenger and commercial vehicles. Some key milestones include launching India's first indigenous passenger car (Indica) in 1998 and people's car (Nano) in 2008. Tata Motors has expanded globally through acquisitions and joint ventures, such as acquiring Jaguar Land Rover in 2008. It aims to develop environmentally friendly vehicles and has a focus on corporate social responsibility programs in India.
This document is a project report submitted to the University of Mumbai on the courier business in India with a case study on Pride International, a courier and logistics company. It includes an introduction to courier services, an overview of the major players in the Indian courier industry, and how to start a courier business. It also examines logistics in the courier industry, the revenue of major companies, and industry contributions to GDP. The report concludes with a case study of Pride International and their supply chain management.
This document provides an overview of Tata Motors, including its history, product range, milestones, and international operations. It discusses how Tata Motors was established in 1945 and has since become India's largest automobile company. It also lists Tata Motors' many achievements and milestones over the years, such as developing India's first indigenous passenger car. The document then provides details on Tata Motors' expansion internationally through subsidiaries and joint ventures around the world.
SAMSUNG: Comprehensive Strategic Analysis from International Business Managem...Aziza Zaldarriaga Sadain
Provides a comprehensive strategic analysis from the perspective of international business management in regards with Samsung.
The outline is written below:
Overview: Current Global Performance of Samsung and Business Models
Comprehensive Strategy Formulation (Input Stage)
Comprehensive Strategy Formulation (Matching Stage)
Comprehensive Strategy Formulation (Decision Stage)
Analysis of Business Strategy: Organizational Culture
Politics of Strategy Choice & Governance Issues; Current Challenges
Conclusion
Comparing SAP, Oracle, and Microsoft Solutions for Project Management; CLASH ...Sasan Hosseyni
The ultimate goal of holding such a seminar is to familiarize the audiences with capabilities and advantages of different systems in order to cover the project management requirements in project-Based companies. Thus, in this presentation, different products from Oracle, SAP AG, and Microsoft are selected deliberately.
This document provides a SWOT analysis and STEEPLED analysis of Tata Motors. The SWOT analysis identifies Tata Motors' strengths as its strong domestic market presence in India, long list of product portfolios, and global presence through acquisitions. Weaknesses include low returns on investment and lack of focus on luxury products. Opportunities lie in acquisitions like Jaguar/Land Rover and entering new markets. Threats include intense competition and rising costs. The STEEPLED analysis examines social, technological, economic, environmental, political, legal, ethical, and demographic factors influencing Tata Motors.
"The world's 200 wealthiest people have as much money as about 40% of the global population, and yet 850 million people have to go
to bed hungry every night."
Hugo Chavez, Venezuela’s socialist president: “The problem is not the production of food … it is the economic, social and political model of the world. The capitalist model is in crisis.”
This Presentation is about the introduction of International Relation, the subject matter of IR, It's historical and institutional evolution and nature of IR.
Globalization refers to the increasing integration and interconnectedness of economies and societies around the world through cross-border movement of goods, services, technology and people. While globalization has positive effects like increased trade, investment and spread of technology and culture, it also has negative consequences such as increased child labor and unemployment in some countries. The document discusses the definition of globalization and e-commerce, examples of globalization, and the positive and negative effects of both globalization and e-commerce on economies and societies.
This document provides an overview of globalization. It defines globalization as the growing interdependence of economies, cultures and populations across the world through cross-border trade, technology, investment, and the flow of people and information. Some key points made are that globalization refers to the increasing interaction between countries through money, ideas and culture, as well as the ability to easily communicate and conduct international business. It also discusses reasons for globalization like shrinking distances, access to new markets and resources, and the establishment of international organizations that facilitate trade. Finally, it outlines three approaches to globalization - the globalist view that it is a significant new phenomenon, the transformationalist view that cultural exchange is two-way, and the traditional
This document discusses developing a global perspective and managing a global workforce. It provides tips for increasing cultural intelligence including being aware of your own level of openness, assuming differences until similarity is proven, emphasizing description over interpretation, showing empathy, and treating initial interpretations as working hypotheses. It also discusses the challenges of managing a diverse global workforce, such as conflicts arising from differences in work methods, pay levels, and language barriers. Managing cultural differences in work-family relationships is another challenge.
012 How To Write Dialogu. Online assignment writing service.Julie Davis
The document discusses the World Trade Organization (WTO) and the rounds of negotiations that occur periodically to establish new trade rules and policies. It explains that the WTO is made up of 165 member countries and acts as a forum for negotiating and settling trade disputes according to agreed upon trade rules. When large negotiations are needed to address trade issues, the WTO enters a round of discussions. There have been eight rounds total so far, with the current one being the Doha Round. Previous rounds occurred in different locations, involved varying numbers of countries, lasted different lengths of time, and addressed distinct trade problems.
Galileo report 2030 richard chandler reportRajeev Desai
This document provides a summary of trends that will shape the world's social capital by 2030. It discusses how values are shifting from an emphasis on physical and material security to well-being values that prioritize quality of life, freedom of expression, and tolerance as countries develop. Tolerance and these well-being values are growing among young, educated populations and are associated with creativity and intellectual pursuits. The nature of leadership is also changing, with business leaders nurturing creativity over rigid hierarchies and political leaders needing to adapt similar flexible, collaborative approaches to reflect new social and technological realities. Continued global economic development and integration is expected to see these values and leadership styles spread more widely, though inequality may still breed unrest in some regions.
The document discusses communication and globalization. It covers topics such as defining globalization, how globalization works, its effects on communication, and challenges in multicultural communication settings. Some key points:
- Globalization is defined as the process of interaction and integration among people, companies and governments worldwide due to increased trade and technology.
- It has led to a more interconnected world and created a global communication system where everyone is connected. However, it also faces challenges from cultural and language barriers between groups.
- Effective communication across cultures requires understanding differences in areas like values, language, business practices, and non-verbal communication.
- In multicultural settings, barriers can arise from a lack of cultural awareness
Curriculum DevelopmentDiscussion BoardDiscuss how elementary sOllieShoresna
Curriculum Development
Discussion Board
Discuss how elementary students differ in their development and approaches to learning.
Activity-Based Costing, Journal Entries, T-Accounts, and Preparing an Income Statement. Custom Furniture Company. The only difference is that this problem uses activity-based costing to allocate overhead costs rather than one plantwide rate. Recall that inventory beginning balances were $25,000 for raw materials inventory, $35,000 for work-in-process inventory, and $90,000 for finished goods inventory.
Management of Custom Furniture Company would like to use activity-based costing to allocate overhead costs totaling $1,140,000 rather than one plantwide rate based on direct labor hours. The following estimates are for the activities and related cost drivers identified as having the greatest impact on overhead costs.
Transactions for the month of May are shown as follows:
1. Raw materials were purchased during the month for $15,000 on account.
2. Raw materials totaling $21,000 were placed in production: $3,000 for indirect materials (glue, screws, nails, and the like) and $18,000 for direct materials (wood planks, hardware, etc.).
3. Timesheets from the direct labor workforce show total costs of $40,000, to be paid the next month.
4. Production supervisors and other indirect labor working in the factory are owed wages totaling $27,000.
5. The following costs were incurred related to the factory: building depreciation of $29,000, insurance of $11,000 (originally recorded as prepaid insurance), utilities of $4,000 (to be paid the next month), and maintenance costs of $22,000 (paid immediately).
6. Manufacturing overhead is applied to products based on the following cost driver activity for the month:
Number of purchase orders
75
Number of machine setups
120
Machine hours
1850
Direct labor hours
3240
7. The following selling costs were incurred: wages of $5,000 (to be paid the next month), building rent of $3,000 (originally recorded as prepaid rent), and advertising totaling $10,000 (to be paid the next month).
8. The following general and administrative (G&A) costs were incurred: wages of $13,000 (to be paid the next month), equipment depreciation of $6,000, and building rent of $7,000 (originally recorded as prepaid rent).
9. Completed goods costing $155,000 were transferred out of work-in-process inventory.
10. Sold goods for $100,000 on account and $90,000 cash.
11. The goods sold in the previous transaction had a cost of $129,000.
12. Closed the manufacturing overhead account to cost of goods sold.
Question1: Calculate the predetermined overhead rate for each activity.
Question2: Is overhead underapplied or overapplied for the month of May? Based on the balance in the manufacturing overhead T-account prepared in requirement c, prepare a journal entry for transaction 12.
Question 3:Prepare a journal entry for each of the transactions 1 through 11, and post each entry to the T-accounts set up in requirement b. Lab ...
This document discusses globalization and its dimensions. It notes that while globalization promises greater interconnectedness, in reality it often exacerbates inequality and poverty between nations. Powerful countries and actors largely influence global decisions and policies in a way that maintains the historic unequal rules of trade. For example, structural adjustment policies imposed by the IMF and World Bank have increased poverty in many developing nations. Additionally, while foreign aid is promised, donor countries rarely meet their targets and the aid often comes with conditions that primarily benefit donor nations over recipients. As a result, a few nations and people grow wealthier while the majority struggle under globalization.
This course introduces students to the contemporary world by examining the multifaceted phenomenon of globalization. It will provide an overview of global governance, development, and sustainability issues. The goal is to help students understand the increasing interconnectedness of people and places around the world and develop a sense of global citizenship and responsibility. The first chapter will define and discuss the key aspects of the process of globalization. It will examine both the benefits and criticisms of economic globalization from different perspectives.
The document discusses various aspects of globalization including its impact on culture, politics, and the economy. It notes that technology has enabled the spread of global culture through media and entertainment. This has implications for local cultures and languages. It also discusses how economic globalization has increased trade, investment, and mobility of goods and services internationally. While this can increase profits, it has also been criticized for exacerbating inequality and slowing development in poorer countries. The document examines issues around regulating economic globalization to promote more sustainable development.
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The document discusses the history and effects of globalization. It describes how globalization has increased over time due to advances in technology and transportation. Some benefits mentioned include countries specializing in industries they have a comparative advantage in, larger markets for goods, and cheaper products for consumers. Potential downsides include unemployment in industrialized nations, greater environmental problems, and the risk of economic and health crises spreading more widely. The document also examines how globalization has increased the power of multinational corporations and international organizations.
This document provides an overview of intercultural communication and cultural differences. It defines culture and why cultures differ, and discusses types of cultural communication including cross-cultural, international, multicultural, and intercultural communication. Examples of cultural differences in business are provided around gestures, touch, masculinity and femininity, and the separation of power. The importance of intercultural communication for international business success is outlined. Globalization and a multicultural workforce are two trends driving greater intercultural communication needs. Guidelines for effective intercultural communication include dos like avoiding assumptions and don'ts like considering other traditions backward. The conclusion emphasizes that not practicing effective intercultural communication can damage business deals.
High School Application Essay Samples. FREE 8 School Essay Samples in MS Word...Veronica Diaz
High School Essay - 10+ Examples, Format, Pdf | Examples. 005 High School Application Essay Examples Example Sample Essays For .... High school application essay - Write My Custom Paper.. Amazing High School Essay ~ Thatsnotus.
Sample Argumentative Essay.doc. ⭐ How to write an argumentative text. How To Write an Argumentative .... sample-argumentative-essay.pdf | DocDroid. Beautiful Counter Argument Essay Example ~ Thatsnotus.
Clara wrote Well I hope this is some part of the project these.docxmonicafrancis71118
Clara wrote: Well I hope this is some part of the project these are the five things I found that might be a cultural problems.
Gender & Sex
Gender can refer to various of ways in which cultures socialize males and females that construct them on a particular role that society deems them to play and in some countries kinship is passed to the men and the women is to be seen and not heard. (www.coursesmart.com)
Religion
Some believes that their religion is better than the next take September, 2011 that showed that these people thought that there was the most important when they destroyed the world trade center. Intolerance is a problem through oppression of other groups but it also leads to outright violence (www.coursesmart.com).
Food
there are different kinds of food for everybody’s culture take rice and fish that is more common in tropical places like Indonesia and Thailand but New Orleans is famous for spicy shellfish but they both reflects the geographic limitations because of their locations as well of the history of the people. (www.coursesmart.com).
The importance of understanding cultural differences.
In some countries in the world it is culturally acceptable to use child labor. In other countries bribing government officials is seen as part of the normal course of a tendering process. While refusing to deal with these people will lose you the deal, your stance on human rights and corruption will enhance your reputation with other countries and benefit you more in the long run. (www.insidebusiness360.com)
www.sgiquarterly.org this site talks about different examples of cultural differences through people eyes that were dealing with different cultures.
Michael Saunders wrote:
WOW! Coca cola has had so many controversies and issues concerning culture, segregation, health, money etc... Just briefly looking it’s hard to believe they are still in business. I did see one key factor to why they are still going so strong though. They have DRIVE. Coca cola represents what a business can do if it bans together in times of crisis and doesn't give up, a willingness to see the problem analyze it from all angles and keep moving forward while correcting the problem keeps that company going. They definitely however need to be more knowledgeable of what is happening in their other worldly manufacturing facilities.
Aleathia Bowens wrote:
Our corporation, Coca-Cola is expanding its manufacturing business globally to Asia and Europe; therefore, I have been task with the assignment of researching cultural barriers that contribute to failures of new companies in Foreign Markets. As well, I will develop a plan to avoid these intercultural errors.
Cultural Barriers
Some cultural barriers in business success are as follows: Government sanctions, due to conflicts about government like human right conflicts and foreign business practices that occurred while the Pepsi cola company was in Myanmar (Htun, 2013). in Language is a cultural barrier in succ.
1) The document discusses how cultural changes can impact marketers. Understanding differences in areas like values, symbols, colors, and family structures is important for success globally and locally.
2) Cultural trends that may affect marketing strategies include concern for the environment, time saving techniques, technology advancements, leisure activities, and self-actualization. Marketers can address these trends through practices like sustainable packaging, online shopping options, improved products, customer experience programs, and quality products.
3) Capturing customer information through new technologies allows customization, while globalization created by the internet reduces distances between businesses and consumers.
This document discusses globalization and its relationship to international relations. It begins by defining globalization and how it interconnects cultures and economies on a global scale. Both advantages and disadvantages of globalization are then examined. Key advantages include increased GDP, reduced unemployment, and greater competition. Key disadvantages include uneven distribution of wealth between developed and developing countries. The document concludes by stating that while globalization faces obstacles, its positive effects will prevail if people and governments make cooperative efforts to address issues like poverty and migration.
This document summarizes key topics from a session on globalization and geographies:
1. It reviews exercises on participatory learning and commodities.
2. It discusses the concepts of time-space compression, networks, and placelessness in the context of globalization.
3. It examines reasons for opposing globalization, including the influence of international organizations and neoliberal policies, and covers responses like social activism and participatory development.
Similar to International Business (Final JUA Project) (20)
Hampton Roads Academy is launching an on-campus pilot of a new system. The goals of the pilot are to create a unified experience for teachers, students, and parents; to make processes like submitting homework easier; and to empower educators. During the pilot, participants will sign in, complete orientation and practice courses, and provide input to identify issues. If successful, the system will see school-wide adoption in the fall of 2016.
This document outlines the agenda for a video production intensive workshop. The goals for the day are to discuss why video is important, industry trends in online video, video production theory, and do hands-on video projects. Some key points that are covered include how online video consumption is widespread, especially among affluent groups, and how video is very effective at inspiring action and spreading messages virally. The document also discusses different types of video styles from authentic smartphone videos to more polished production value videos, and provides a sample storyboard for a one-person testimonial video.
This document outlines a video bootcamp at Presbyterian School of Houston on January 14, 2015. The goals of the bootcamp are explained as understanding why video is important, learning industry trends, video theory, and doing hands-on video projects. Various statistics are presented about how people consume online video content and the power it has to inspire action from viewers. Different types of video styles like authentic, best production value, and storytelling techniques are covered. The document provides examples of storyboards and discusses video equipment for production. The purpose of the bootcamp is to teach about effective uses of video in marketing and communications.
Slides for my 1-3 day workshop on video production and social media strategy.
Find out more about Hans Mundahl & Associates at http://www.hansmundahl.com
The document describes a school's transition from a pilot iPad program to becoming an Apple Distinguished School through a values-driven approach. It shows the timeline of readiness reviews and expansion of the iPad program from 2010 to 2012. Charts show increases in students' technology use for tasks like homework and decreases in watching movies. Students read more at night using iBooks. The document advocates teaching with iPads in a non-laptop mindset and discusses concepts like autonomy, mastery, and purpose in learning.
Video & Social Media Marketing IntensiveHans Mundahl
57% of donors researching non-profits made a gift after watching an online video according to a recent study by Millward Brown and Google. The power of video and social media in marketing, admission, and advancement is clear - yet too often these tools are not used because they are viewed as too expensive or too complicated for a small to medium sized school.
This workshop will demystify video and social media marketing for school communications. Topics will include data and industry trends, practical advice and hands-on training to help you create high quality video in house, and a social media marketing plan that will help you get started immediately after the program.
The document describes New Hampton School's process of adopting iPads school-wide over several years, from an initial pilot program to becoming an Apple Distinguished School. It discusses how the school evaluated the iPad, conducted readiness reviews, ran pilot programs with students and teachers, and assessed the impact of iPad adoption on student skills and engagement. Key events included launching a pilot program in 2010, additional pilots and reviews over subsequent years, and achieving Apple Distinguished School status by demonstrating exemplary use of technology for teaching and learning.
Teaching Creativity Using Apple Final Cut Pro XHans Mundahl
This is the presentation I gave at the Apple ProTools event in Natick, MA in June 2014. I talk about the power of stories, tell a few of my own, and share the process I use to teach students the workflow of having an idea, making it funny, and bringing that idea to the screen.
Carson Long Military Academy iPad Teacher TrainingHans Mundahl
The document discusses a teacher training at Carson Long Military Academy on January 31st, 2014 about iPad integration. It includes an agenda with topics like assessing features of new products, deciding on adoption, what schools believe in, and how they will deliver learning. Charts show increases in students' daily technology use for tasks like homework, email, and note taking. A graph indicates skills students felt they had mastered before and after a four month period. Projections predict strong growth in tablets and smartphones through 2016. Suggestions are made to organize, replace, and innovate uses of technology for lesson plans, whiteboards, paper handouts, and customized learning.
This document summarizes the implementation of a 1:1 iPad program at New Hampton School, a boarding school with 320 students and 60 faculty from grades 9-12 and post-graduate. It outlines the timeline of adopting iPads school-wide from 2010-2012, including pilot programs and readiness reviews. It also notes improvements in student organization, homework completion, and reading since adopting iPads, as well as increased technology skills for both students and teachers.
The document discusses Generation Z students and social media. It notes that Gen Z students are early adopters of technology who are highly connected but may not have strong technology skills. They are familiar with social media platforms like Facebook, Twitter, and live video chatting. The document provides guidance on identifying cyberbullying and creating an open dialogue to address issues that arise from social media use.
The document discusses a school's consideration of a technology training program. It provides an overview of the school which has 320 students and 60 faculty for grades 9-12 and post-graduate. The school is an Apple Distinguished School that provides each student with an iPad. The document then addresses whether incorporating more technology is worth it and what the trends have been, such as more students using technology for homework, email, researching, taking notes and staying organized. It also notes that 12 million college students now take online classes.
The document discusses emerging technology trends such as the shift to Web 2.0 with its emphasis on user-generated content, the rise of mobile devices, differences between digital natives and immigrants, issues around helicopter parents, and the growth of online and blended learning including MOOCs. It also examines projections for hardware shipments and potential uses of different devices in education. Overall, the trends reflect a more connected, collaborative, and mobile-enabled technological landscape that will impact teaching and learning.
Kids Helping Kids - Final PresentationHans Mundahl
The document summarizes Kids Helping Kids Project Week from March 4-8, 2013. It discusses facts about child poverty in Maine and the work of Preble Street Resource Center in Portland to help those in need. Students reflected on volunteering at food pantries and seeing the dire circumstances of people with little food. The document also discusses Good Will-Hinckley in Fairfield, Maine transitioning to a charter school called MeANS, while continuing its mission. Students reflected positively on interacting with students at Good Will-Hinckley and learning about their school experiences. The week aimed to help others and gain new perspectives.
According to statistics from the Children Defense Fund, over 227,000 children live in Maine with many facing challenges such as poverty, abuse, and lack of access to food. The document proposes a "Kids Helping Kids" service project in March 2013 where students could help organizations like Preble Street Resource Center with deliveries or volunteer at Good Will-Hinckley, a farm and home for youth facing challenges that has transitioned into a charter school. It encourages students to consider volunteering if they like helping others or getting their hands dirty to make a positive impact.
Hack Your School - 7 Strategies to put your ideas into actionHans Mundahl
The document provides 7 tips for students to help implement their ideas at school: make a "don't do" list, make failure inexpensive, assign top students to important projects, support unique students, pursue self-directed learning, and reflect on creativity.
7 Tips to Create Outstanding Videos for Your StudentsHans Mundahl
The document provides 7 tips for creating outstanding videos for students: 1) Don't make videos unless necessary, 2) Plan your video thoroughly to avoid failure, 3) Keep tools and production simple, 4) Break content into short, predictable segments, 5) Include interactive elements beyond passive watching, 6) Use video to enhance the classroom experience rather than replace it, and 7) Make sure the video production process is fun.
This document proposes firing students from traditional classrooms and replacing traditional education models. It argues that the current education system isolates students and separates academic and technical learning. Instead, it advocates for giving students more responsibility by having them "play the whole game" of learning through experiences in the real world. This would better prepare students for the jobs of the future by teaching them skills like problem-solving, critical thinking, and entrepreneurship through learning that incorporates failure and consequences.
New Hampshire boarding school New Hampton implemented an iPad pilot program beginning in 2010. They conducted a formal readiness review process examining mission congruence, infrastructure preparedness, and tolerance for disruption. Initial data showed increased student use of iPads for homework, email, organization, reading, research, and note-taking. Lessons learned included the importance of readiness planning, managing international iTunes accounts, wifi capabilities, eTextbooks, insurance, student support programs, communication between IT and teaching staff, and allowing adequate time for implementation.
Reimagining Your Library Space: How to Increase the Vibes in Your Library No ...Diana Rendina
Librarians are leading the way in creating future-ready citizens – now we need to update our spaces to match. In this session, attendees will get inspiration for transforming their library spaces. You’ll learn how to survey students and patrons, create a focus group, and use design thinking to brainstorm ideas for your space. We’ll discuss budget friendly ways to change your space as well as how to find funding. No matter where you’re at, you’ll find ideas for reimagining your space in this session.
How to Fix the Import Error in the Odoo 17Celine George
An import error occurs when a program fails to import a module or library, disrupting its execution. In languages like Python, this issue arises when the specified module cannot be found or accessed, hindering the program's functionality. Resolving import errors is crucial for maintaining smooth software operation and uninterrupted development processes.
How to Build a Module in Odoo 17 Using the Scaffold MethodCeline George
Odoo provides an option for creating a module by using a single line command. By using this command the user can make a whole structure of a module. It is very easy for a beginner to make a module. There is no need to make each file manually. This slide will show how to create a module using the scaffold method.
How to Add Chatter in the odoo 17 ERP ModuleCeline George
In Odoo, the chatter is like a chat tool that helps you work together on records. You can leave notes and track things, making it easier to talk with your team and partners. Inside chatter, all communication history, activity, and changes will be displayed.
it describes the bony anatomy including the femoral head , acetabulum, labrum . also discusses the capsule , ligaments . muscle that act on the hip joint and the range of motion are outlined. factors affecting hip joint stability and weight transmission through the joint are summarized.
A review of the growth of the Israel Genealogy Research Association Database Collection for the last 12 months. Our collection is now passed the 3 million mark and still growing. See which archives have contributed the most. See the different types of records we have, and which years have had records added. You can also see what we have for the future.
This document provides an overview of wound healing, its functions, stages, mechanisms, factors affecting it, and complications.
A wound is a break in the integrity of the skin or tissues, which may be associated with disruption of the structure and function.
Healing is the body’s response to injury in an attempt to restore normal structure and functions.
Healing can occur in two ways: Regeneration and Repair
There are 4 phases of wound healing: hemostasis, inflammation, proliferation, and remodeling. This document also describes the mechanism of wound healing. Factors that affect healing include infection, uncontrolled diabetes, poor nutrition, age, anemia, the presence of foreign bodies, etc.
Complications of wound healing like infection, hyperpigmentation of scar, contractures, and keloid formation.
1. International Business & Tourism Leader: Mr. Petkus Students: Maren, Steph, Sergei, Roger, Jet, Nick, Don
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4. Interviews Day 1 Not Sure Downtown Not Sure No Pleasure Anna Brazil No Opinion Quincy Market Negative outlook not very hopeful No Pleasure Cassie England Important for Business Nathanial Hall Positive Hopes Yes Business Jeff (NYC) What do you think about Globalization? Favorite part of Boston? What do you think about the economy? Have you been to Boston before? Business or Pleasure? Name where from? Not sure North End, Beacon Hill Terrible U.S is wasting money yes Both Ned Houston,Texas
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6. Why is globalization good? 1.Globalization creates huge, international companies, in which, these companies make the most use of the different kinds of resources allotted to them. 2.Makes trading and shipping between countries easier. 3. Improves cultural diversity. 4.Provides various jobs for people in many different parts of the world. 5.Helps the development and advancement of technology in international communication. This has caused the interactions between different countries to become more reliable and universal.
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8. What should we do? Globalization is an opportunity for change however, it is also a challenge. We should accept the challenge, by learning in our classes with more care and interest. As well as, understanding international issues. Only then, can we get a better chance to succeed in today's world.