Explain the difference between product and period costs. Why is it important to distinguish between them?
DQ1
Assessment Description
Explain the differences between direct and indirect costs, and give two examples of each while also explaining how they relate to the product/activity. Participate in follow-up discussion by adding additional elements or an additional explanation to those of a classmate.
DQ2
Assessment Description
Explain the difference between product and period costs. Why is it important to distinguish between them? Participate in follow-up discussion by providing examples of costs that fall under each and rationale behind distinguishing to those of a classmate.
Explain the difference between fixed and variable costs, and give two examples of each.
MODULE 4
DQ1
Assessment Description
Explain the difference between fixed and variable costs, and give two examples of each. Can a company budget for variable costs? Explain using your understanding of the behavior and variable classification of costs. Participate in follow-up discussion by adding additional examples or reasoning to those of a classmate.
DQ2
Assessment Description
Explain the basic components of cost-volume-profit (CVP) analysis. Why is it important to determine a company’s break-even point? Participate in follow-up discussion by adding additional elements or additional rationale to those of a classmate.
Explain how leverage can have both positive and negative effects, and give examples as to when a company should increase debt or avoid it to finance projects.
MODULE 3
DQ1
Assessment Description
Debt tends to have a bad reputation and we are advised to try to stay out of debt. Debt or financial leverage, however, can be a good thing for a business. Explain how leverage can have both positive and negative effects, and give examples as to when a company should increase debt or avoid it to finance projects. Use the Wall Street Journal for additional research. Participate in follow-up discussion by adding additional elements or additional rationale to those of a classmate.
DQ2
Assessment Description
Briefly describe the four categories of financial ratios (liquidity, activity, profitability, and financial leverage). From an investor’s standpoint, which of these categories might be the most helpful? Explain your reasoning. Participate in follow-up discussion by critiquing your classmates’ posts and/or defending their challenges to your post.
Define liquidity in your own words and discuss how you would evaluate the liquidity of a company.
DQ1
Assessment Description
Ratios are simply the relationship of one number to another. We are looking at many ratios in this topic that give us an idea of how profitable, liquid or solvent, a company is. A ratio by itself tells only part of a story. It is important to see a trend as well. Pick two ratios that were discussed this week and explain what they tell us about the company. Additionally, discuss what a trend of these ratios will tell that a single ratio cannot. Participate in follow-up discussion by discussing your ratios in comparison to those of a classmate..
DQ2
Assessment Description
Define liquidity in your own words and discuss how you would evaluate the liquidity of a company. In your opinion, is it possible for a company to be too liquid? Give reasons for your rationale. Participate in follow-up discussion by adding additional information in support of or in disagreement with fellow classmates’ reasonings. Remember to use a professional tone.
Accounting is often referred to as the language of business. Explain in your own words what this expression means.
I need the following questions answered in 200 word each. Please avoid plagiarized word ad please provide references with each question
MODULE 1
DQ1
Assessment Description
Accounting is often referred to as the language of business. Explain in your own words what this expression means. Also, considering this definition of accounting, discuss how the knowledge of accounting will enhance your own career. Please give examples. Participate in follow-up discussion by adding additional information in support of or in disagreement with fellow students’ reasonings. Remember to use a professional tone.
DQ2
Assessment Description
In biblical times, livestock was the indicator of wealth and, in essence, was the currency that was traded. Therefore, Proverbs 27 warns that it is important to know the condition of your flock and to give careful attention to your herds because riches do not endure forever. Relate this concept to the importance of the financial statements in today’s business environment. Briefly describe each financial statement and examine how each helps a business to “know the condition of its flock.” Participate in follow-up discussion by comparing your interpretation of this verse to that of a classmate.
RESOURCES
Review “Beginners’ Guide to Financial Statement,” by the U.S. Securities and Exchange Commission (SEC, 2007), located on the SEC website. https://www.sec.gov/reportspubs/investor-publications/investorpubsbegfinstmtguidehtm.html
View “McGraw Hill SmartBook Orientation,” by Jacobson (2022), located on the YouTube website, for an introduction to using SmartBooks in this course. https://www.youtube.com/watch?v=XH0dsUJFtOc
Which method of comparison (upward/downward) would you consider to be the most beneficial for someone who is actively struggling with a lack of confidence and why?
After reviewing Chapter 3, we begin understanding the differences between upward and downward social comparison. Which method of comparison (upward/downward) would you consider to be the most beneficial for someone who is actively struggling with a lack of confidence and why?
Discuss the pros and cons of receiving public safety from private security.
Discuss the pros and cons of receiving public safety from private security. Be sure to provide specific examples and cite your research.
What did communities do without the local police? Who protected people from harm?
All questions are worth 20 points:
- Think about world history; imagine hundreds of years ago. What did communities do without the local police? Who protected people from harm?
- Who was Alan Pinkerton and what did he create? Provide a brief overview of some of his accomplishments.
- What do you think are the major differences between local police and private security personnel? Do they work well together? Provide an example.
- What types of jobs are available for a person seeking an entry-level private security position?
- What responsibilities, as a leader, should you be demonstrating as part of your duties?
Develop skills for negotiation, decision-making, and other people-related processes within IT consulting.
- IT402-3: Develop skills for negotiation, decision-making, and other people-related processes within IT consulting.
Purpose
The importance for networking is imminent today. Networking will help to grow a business by connecting with people looking for the service you are offering. This will help to broaden a demographic and give the business the ability to collaborate with other businesses. Proper networking can increase the types of products that you may want to sell as well. Services or goods could be exchanged for other services that may be of benefit in growing a business of a small stature.
When it comes with to negotiation and persuasion, it is worth mentioning that the strategy “win-win” does not mean that you should give away your position but rather look for alternatives clients can commit to from their own situation. You, as a consultant, can help them arrive at a solution without giving away your bargaining position.
Assignment Instructions
You have just moved to a medium-sized city and are looking for clients. Through your networking efforts, you have met the owners of three businesses who have expressed an interest in having you help them as a consultant. You do not have a lot of detail about these businesses, but that can be an advantage, since you can use imagination and creativity to suggest potential technology and/or non-technology-based solutions. Some areas worth exploring include recognizing strategies to identify current and potential target markets, rationalizing new products and services that will bring additional value to the business as well as to the clientele, current or upcoming improvements in infrastructure, area demographics, educational and cultural preferences, and competition, to mention a few. Make sure to read The Selling Process, in the Assignment Requirements below.
The three potential client companies are:
Client No. 1 – A small bookstore would like to expand what it offers to customers.
Client No. 2 – A small sheet music store would like to expand its business.
Client No. 3 – A car detailing business would like to explore additional services for its customers.
Assignment Requirements
Content
Part 1: The Selling Process
Choose just one of the clients above.
- Write an introductory statement for this section, explaining the situation briefly. It is acceptable to invent a little more detail than what is provided above. Do not simply say you “chose scenario no. 3” – write as if the reader is unaware of the Assignment instructions.
- Write a short paragraph for eachof the following steps in the selling process:
- Identify potential targets – how would you determine the target customer? After thinking about the scenario, what target did you choose?
- Product offering – After determining the target, what product or service did you choose, and why? (Note: it is recommended but does not have to be a technology-related product or service)
- Competitive review – Explain any competition from other businesses that might make marketing your product or service difficult.
- The minimum wording for this part of the Assignment is 200 words.
- Do not use sources for this part of the Assignment; this is to be developed from your understanding of the scenarios.
Compare and contrast the role of ethnographies and case studies in data collection.
Discussion Board #3:
Qualitative Data Collection
Articulate the importance and usefulness of focus groups. Compare and contrast the role of ethnographies and case studies in data collection.
Instructions
Thread
Each original thread must have a title-header, a subtitle for each discussion question, a minimum length of 500 words, at least two citations (scholarly articles, and incorporate ideas and citations from all of the required read and watch items for the assigned Learn material), and a Biblical integration. Further, each paragraph should have a minimum of four complete sentences with supporting citation(s) if needed. Include Bible perspectives.
