What do you mean by the term SWOT analysis
What do you mean by the term SWOT analysis? Explain in brief?
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The SWOT analysis includes recognizing the business’s weaknesses and also strengths the opportunities given and threats posed by the world exterior the business. The weaknesses and strengths are internal factors which are attributes of the business itself, while opportunities and threats are the factors predicted to be present in the atmosphere in which the business functions.
Write a short note on why wealth creation is a longer-term concept?
Unfocused Books is a discount retail bookshop that has three departments: fiction, non-fiction and children’s books. Sales and cost of sales for each department are shown below. In addition, each department has its own fixed costs for staffing and takes a one-third share of rental and management cos
Actual Cost: It is the amount (sum) determined on the basis of cost acquired involving standard cost appropriately adjusted for the applicable variance.
explain how the provision of management accounting information can assist the management of a company with planning, controlling, decision making and communicating
An income statement item that represents the difference between the actual cash amount and an accounting measure of how much cash there should be. The most common example exists in a retail situation where the cash in the cash register is compared to the register tape
List the items that might appear on the debit side and credit side of a partner's fluctuating capital account. Answer: On debit side: Drawing, interest on drawing, c
Controllable Cost: A cost which can be influenced by the action of responsible manager. The word always refers to a particular manager as all costs are controllable by somebody.
Activity Analysis: The identification and explanation of activities in an association. The activity analysis comprises determining what activities are completed within a department and how many people execute the activities, how much
The process of testing a new software program using actual data and comparing the results to the alternative soft wares. The alternative can be new software or the organization's existing system. The test should be examined the software's accuracy and efficiency.
How to make a VAT entry in books including set off?
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