Cost Accounting Exam 1 Study Guide - 692 Words

Test 1 Review Use the following information to answer questions 1-3. Tee Times, Inc. produces and sells the finest quality golf clubs in all of Clay County. The company expects the following revenues and costs in 2004 for its Elite Quality golf club sets: Revenues (400 sets sold @ $600 per set) $240,000 Variable costs 160,000 Fixed costs 50,000 1. How many sets of clubs must be sold for Tee Times, Inc. to reach their breakeven point? a. 400 b. 250 c. 200 d. 150 2. How many sets of clubs must be sold to earn a target operating income of $90,000? a. 700 b. 500 c. 400 d. 300 3. What amount of sales must Tee Times, Inc. have to earn a target net income of $63,000 if they have a tax rate of 30 percent? a. $489,000†¦show more content†¦Estimate total cost of utilities for the month. *Know basic concepts and terms from CVP chapter in your book. Also, make sure you understand the SEWMEX concepts and problems. Answers 1. Variable costs per unit = $160,000/400 units sold = $400 Contribution Margin = $600 – 400 = $200 per unit Breakeven point = $50,000/$200 = 250 units 2. TOI = $50,000 + $90,000/$200 = 700 units 3. TNI = $50,000 + $63,000/(1 – .30)/$200 = 700 units Ãâ€" $600 = $420,000 4a. Sales ($68 per unit Ãâ€" 410,000 units) $27,880,000 Variable costs ($60 per unit Ãâ€" 410,000 units) 24,600,000 Contribution margin $ 3,280,000 4b. Contribution margin (from above) $3,280,000 Fixed costs 1,640,000 Operating income $1,640,000 5a. Sales (from above) $27,880,000 Variable costs ($54 per unit Ãâ€" 410,000 units) 22,140,000 Contribution margin $ 5,740,000 5b. Contribution margin $5,740,000 Fixed costs 5,330,000 Operating income $ 410,000 6. Operating income is expected to decrease by $1,230,000 ($1,640,000 − $410,000) if Ms. Schoenen’s proposal is accepted. The management would consider other factors before making the final decision. It is likely that product quality would improve as a result of using state of the art equipment. Due to increased automation, probably many workers will have to be laid off. Garrett’s management will have to consider the impact of such an action on employee morale. InShow MoreRelatedACC 290 new Final Exam Guide New1260 Words   |  6 Pagesï » ¿ACC 290 Final Exam Study Guide Let’s get started†¦ Q 8 – Under IFRS Comparative prior-period information must be presented and financial statements must be provided annually. Explanation: See IFRS financial reporting requirement here: http://www.iasplus.com/en/standards/ias/ias1 Q 10 - Similarities between International Financial Reporting Standards (IFRS) and U.S. GAAP include all of the following except: Both IFRS and U.S. GAAP allow revaluation of items such as land and buildings to fairRead MoreBusiness 115 Final Exam Study Guide Essay1334 Words   |  6 PagesBUSN115 Final Exam Study Guide The BUSN115 final exam is 3 pages long. 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To earn full credit your response to each essay question should answerRead MoreAcct2127 Course Guide S2 20132393 Words   |  10 PagesRMIT Course Guide System - HE Part B: Course Detail Page 1 of 5 Accounting for Management Decisions Part B: Course Detail Status: Published Version 1 Teaching Period RMIT Course Code RMIT Course Title School Career Campus Learning Mode Primary Learning Mode Sem 2 2013 ACCT2127 Accounting for Management Decisions 615H Accounting Postgraduate City Campus Face-to-Face Primary learning mode is face-to face class seminars Credit Points Teacher Guided Hours Learner Directed Hours CourseRead MoreTexas Cpa Report6520 Words   |  27 Pages Newman by Stefanie Chen October 19, 2015 CONTENTS EXECUTIVE SUMMARY†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..ii INTRODUCTION†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦........1 REQUIREMENTS TO APPLY FOR AND SIT FOR THE TEXAS CPA EXAM†¦Ã¢â‚¬ ¦.............1 Moral character†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.1 Degreesamp;150 hours†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦......2 Accounting, business, and ethics courses†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.....2 FOUR SECTIONS AND TEST STRUCTURES†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.........5 Coverage and structure†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Read MoreCareer Opportunities for B.S. Accountancy Students6080 Words   |  25 PagesCHAPTER I INTRODUCTION Accountancy or Accounting is said to be the â€Å"language of business†. It is the art of communicating in terms of financial aspects in the business world. It communicates in the form of financial statements that shows the income, assets, expenses, liabilities and capital of a certain business. It is a branch of mathematical science that shows the reason behind the excellent success of a company, as well as its downfall or failure. Accountancy qualifies as a profession because

Microsoft Office †Its uses and the tools I like Free Essays

Microsoft office includes many tools but the ones I will focus today are parts of Microsoft Excel and Microsoft PowerPoint. Excel is a database application that helps crunch numbers and this is an application that will help me immensely in my career. The tool in this application I want to use in my professional life is VLOOKUP. We will write a custom essay sample on Microsoft Office – Its uses and the tools I like or any similar topic only for you Order Now Most organizations have lots of information, but finding that information is always a challenge, an even greater challenge is to compile this information into one single database. This is where VLOOKUP comes in. An example would be to assess the attendance of the whole organization. The sales team will have the employees filed by employee codes while the operations team might have the employees filed by attendance codes. If one has to find the leaves for employees from both these departments, we need to ask that information from the Human Resources department. They usually have all the codes for the employees and we can then use VLOOKUP to find out the employee code and the attendance code for each employee in the company. VLOOKUP matches a value in sheet 1 to that value in sheet 2 and gives a corresponding value in that row – all this can be set up. This function is especially useful to compile data – remember you always need to compile data before you analyze it and reach conclusions. The next tool I would like to use it transitions in PowerPoint, this is mainly for presentation purposes and I will use this tool to make cards, share pictures, movies etc of different events in my life. These could be the birthdays of children, vacations and other things, I have a couple of close friends and our family is close to one another, tools like transitions etc help make the experience of sharing pictures and movies fun and interesting. I know there are a lot of other tools in Microsoft Office that can be used in our professional and personal life, but the ones I mentioned above are the ones that I feel are the most practical, easy to use and useful features. How to cite Microsoft Office – Its uses and the tools I like, Essay examples

Musics Affects on Teens free essay sample

In this study, the purpose of the music can be described on how it affects people and no matter how they fight it, they will end up singing the reticular song that catch their attention until the end of the day in which the teenagers call as last song syndrome. Background of the Study and Problem Statement According to a psychiatrist Edward Paddocks, music or its sounds travels to the ears. The nerves Of the ears distributed the sound and have more extensive connections making the human body function based on what he/ she just heard (Matt, 2006).Since music has a power to touch the inner-self of the people, as much as influencing their moods or behaviors, what would be the effect of the rock music on the generation of the teenagers? Moreover, the negative effects of it are the main topic for this study. Research Objectives The objectives of the study come in three parts. We will write a custom essay sample on Musics Affects on Teens or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page First is to understand the rock music in the view of the teenagers and how they dollied the rock musicians. Second is to identify the possible negative effects of the rock music on teenagers.And lastly, to establish a well-ground of facts on what is the role of music, not only for teenager but on the entire society. Research Questions The study presented several questions that can help the study in learning the truth about the rock music. Through this system, the researcher can estimate the adequate answer which is also suitable to the main problem. 1 . What drives a person to write rock music or involved himself in listening to rock music? 2. What are the different views of the family/parents, singers/songwriters/musicians, and the psychologists on rock music? . What are the impacts created by this genre in changing the face of music industry? Literature Review In the exploration of the past studies, it is said that rock music has an equal characteristics of drugs, alcohol, and role-playing games of witchcraft, dodos, and Dungeons and Dragons. This might be the reason why other clinical experts argued that music can cause violent behavior, changing of attitudes, and unexplainable feeling of depression, happiness, or energetic.Furthermore, music can stimuli the sexual behavior of a person which is based on the rhythm and pornographic images or music videos (Matt, 2006; Chevy, 2007). The irregular beat of the music can control the rhythm of the persons movements such as breathing and walking. This controllable issue of the music classified as the most powerful drug, for it can poison the person, aging the person sick, or lift up its spirit Listening to whatever kind of music has been part of the teenagers daily activities, especially with the technologies or gadgets that are handy (Huh, 2001 ).Apparently, the world- wide influence of the music can be seen on the teenagers. There are evidences that show the negative effect on the ability of the student to think and learn if the student is under the spell of rock music. Students who were found engaged in rock music and peer has a less commitment on their education (Huh, 2001; Matt, 2006). This might be the truth behind the words of Jim Hendrix of 1 969, who was considered as the rocks greatest genius, where he finds that through his music he can hypnotize the people and reach their weakest point (Matt, 2006).Rock music has been the necessity for the development of the youth in their search for personal and social identity and this event shows the higher response in the freedom of their choice (Huh, 2001 ; Chevy, 2007). Methodology The empirical method applied in the study is the use of the interviews. The participants are not asked to reveal their identity because it doesnt play essential role in this activity and the results are clearly based on their opinions. However, the research managed to set the demographic requirements on the participants such as the age, gender, and type of music they are into.Analysis Based on the interviews, most of the participants have less appreciated the rock music. While the other participants who loves the rock music are either wearing the style of their idols or making their own fashion statement for rock music. On the other hand, it is very obvious that the teenagers are leased to hear the rock music with a combination of gothic preferences or the dark-Goth-rock music or the rock kind of music that involves intense beats which goes in the term of punk-rock music.There are also identified as MEMO or Emotionally Motivated music as a style of rock music that is have more expressive, confessional, and melodramatic lyrics and sounds. Conclusion Music everywhere and it seems like the body moves according to its rhythm and beat and can condition the human mind. As a powerful, it can be also dangerous because there is a continuous investigation about the relation f the MEMO music in many of the suicidal attempts of the teenagers.

After World War II Artistic Development essays

After World War II Artistic Development essays 1. Discuss political development in Great Britain. Political development in Great Britain has been stable, where two major political parties have Smoothly alternated in power and pursued policies of an underlying continuity. The Conservatives place a larger emphasis on the private sector in the economy, and the Labour Party has often been the winner during times of economic downturns, where they struggle to balance the budget and reassure creditors loans will not fall through. Up until the 80s at least, both parties shared in improving public services, especially education and transportation. Their big differences lay in to join or not to join the Common Market, to protect black immigrants or not, and whether to allow Scotland and Wales local representation. The biggest problem though was still the economy. Their industry just couldnt keep up with the other industrial nations, and inflation didnt help anything. After World War II, Britain faced problems with weak management, demanding labor unions, poor education, and high costs of welfare and defense - all of which did nothing but add to the countrys financial woes. This peak of recession in the 70s affected all the parties. The Labour Party bore the brunt of public reaction, because they were in power. The Conservatives, led by Margaret Thatcher, became more powerful and more open to free enterprise. The Labour Party became more divided among themselves, and more leftist. The Conservatives style of austere government wasnt always popular, but the war in the Falklands helped them gain popularity. However, a third party did spring up, the Social Democrats, and government still seemed to flounder on old divisions. 2. Discuss the May 1968 upheaval in France. The upheaval in France was rather surprising, considering the popularity and stability of the Fifth Republic. In the 1965 presidential elections, de Gaulle an...

IFRS and GAAP Accounting Principles Essay Essays

IFRS and GAAP Accounting Principles Essay Essays IFRS and GAAP Accounting Principles Essay Essay IFRS and GAAP Accounting Principles Essay Essay IFRS is besides referred to as International Financial Reporting Standards. They are set of criterions of accounting developed by International Accounting Standards Board ( IASA ) . They are going the criterions in the Earth to be used for readying of fiscal statements for the public companies. IASB is independent organic structure which sets accounting criterions which is based in London ( McLaughlin. 2009 ) . This organic structure consists of 15 members who are from nine states including United States. IASB started runing in 2001 since it succeeded International Accounting Standards Committee. With despairing Torahs. civilizations. revenue enhancement ordinance and commercialism. single states. overtime have come so as to develop accounting systems of their ain. In United States. Financial Accounting Standard Board ( FASB ) . formed in twelvemonth 1973. was 3rd group which developed the Generally Accepted Accounting Principles ( GAAP ) in U. S. since the formal scene of criterions which started in 1939. FASB is the first group in US which employed independently funded full-time professionals to be independent in accounting profession. Sanctioned officially in 1973 December. by Securities and Exchange Commission ( SEC ) . which was federal regulator. FASB up to now continues puting accounting criterions for U. S ( Subramani. 2009 ) . IASC was formed shortly after FASB had been formed in the same twelvemonth so as to develop accounting criterions which will be internationally accepted. During the early 1970s. economic system of the Earth was at that clip marked by enlargement of the cross-border activities. This clip seemed to be right in sing whether there was a demand to put cosmopolitan accounting criterions to turn to universe which was shriveling ( McLaughlin. 2009 ) . IASC in their attempt of advancing credence of one set criterions of accounting globally. tried to compose certain inclusive criterions. Committee members frequently had hard in accomplishing a common consensus on proper accounting intervention to minutess which were similar or the same ( AICPA. 2010 ) . They identified preferable interventions. but accounting which was different with besides different consequences was every bit good allowed. They considered this as necessary so as to advance the credence of complete set for the universe accounting criterions. If specific criterion was much different from that which was accepted by and large in an single state. that state may non accept all the set criterions. It was better in leting some options in order to convey many states into the mix. International Accounting Standards Board ( IASB ) replaced IASC after it had issued 41accounting criterions to be used internationally in 2001. Since formation of IASB. it has issued around eight IFRS and besides they have modified several international accounting criterions ( IASs ) . In 2000. European Commission provided the international criterions big encouragement as it announced inaugural which required every listed company in the European brotherhood to be utilizing IFRS get downing the twelvemonth 2005. Before compulsory debut for all companies to utilize IFRS. all states in European Community regulated individually their criterions of coverage ( McLaughlin. 2009 ) . The step of utilizing IFRS did non impact the non-listed companies in Europe. European ministers’ council approved IFRS in 2002. At the start of 2005 ; approximate of 7000 companies effected the alteration. Around 6500 of these companies had been prior describing GAAP in their ain state. with about 3000 of them in UK entirely ( Ernst A ; Young. 2009 ) . EU nevertheless. neer endorsed three paragraphs in IAS 39. and these were criterions which deal with measurings and acknowledgment of the fiscal instruments. Volatility potency of the net incomes which was related to such paragraphs’ accounting macro hedge every bit good as option of just value made the standard compositors to travel back in the pulling board several times. but there was no visual aspect of silver slugs. Up to now. EU has non to the full endorsed set of the IFRS which was promulgated by IASB ( Jermakowicz. A ; Epstein. 2008 ) . Failure of EU to to the full back these set of international criterions is important issues to several grounds. non the few which is demand in the IAS1. fiscal statement presentation that is explicitly stated by a company that their fiscal statements are following with the IFRS ( McLaughlin. 2009 ) . Companies are farther non allowed to province their fiscal statements as following with IFRS if it does non to the full follow with whole organic structure of the IFRS. The accounting criterions so as to derive universe broad credence. there is a demand for them to be universally applied. It is necessary to hold comparison. Fiscal statement set prepared utilizing GAAP of state A is non comparable all of a sudden to another which is prepared utilizing GAAP of state B since both of them on the top provinces IFRS ( AICPA. 2010 ) . United States cardinal regulator precedence is the consistent application of these criterions. If to be conformity with the IFRS means the similar and same minutess have to be accounted in same manner in every state. so fixing fiscal statements harmonizing to IFRS will hold to add value. Investors will no longer blow their attempt and clip in accommodating fiscal information when comparing to companies which are similar but in different states ( Subramani. 2009 ) . Capital will so flux expeditiously and at a low cost to companies in many topographic points. Another major encouragement for credence of the IFRS was seen in 2002as the Norwalk Agreement was being signed and was reaffirmed in the Memorandum of Understanding in 2006. IASB in the London together with FASB in the Norwalk agreed to take the differences in their standard sets and converge it on high-quality criterions ( Ernst A ; Young. 2009 ) . The accent was on high-quality and this meant that if the FASB criterions or IASB criterion was deemed to be better. so the convergence was would be on the superior 1. If neither of them had sufficient criterions which would measure up to be used internationally. so the two boards would jointly work together to bring forth new criterions. Work is on advancement in developing a conceptual individual model which will steer in puting future criterions. Convergence between U. S GAAP and IFRS do non intend accounting criterions should go indistinguishable. It means that in the instances where the minutess are similar or the same. so the accounting should be merely the same. or if non so. the revelations should be crystalline to enable reader understand about the differences ( Subramani. 2009 ) . Besides the criterion compositors are seting more attempt to cut down the difference which is in the two systems. Three important differences between IFRS and GAAP. The difference between the two set of criterions include the undermentioned: in the US GAAP in the income statement. extraordinary points is restricted to some points which are both infrequent and unusual ( McLaughlin. 2009 ) . Negative good will normally is treated as an extraordinary point. In the IFRS. income statement normally prohibits extraordinary points. In the US GAAP the important points in the income statement are presented individually at the face of income statement merely as constituent of operation traveling on. where as in the IFRS important points in the income statement separate the revelation of nature and besides the sum required. but it can be included in income statement or notes ( Ernst A ; Young. 2009 ) . Changes in the equity in U. S PAAF are present in all the alterations in every caption of the stockholders’ equity either in separate statement or foot note. Equity alterations in IRFS at least. nowadayss constituents which are related to write off and income recognized as subdivision of separate statement ( AICPA. 2010 ) . Other equity alterations are disclosed either in notes or presented as a portion of one. combined statement in all equity alterations. Three similarities between IFRS and GAAP. In both accounting criterions. exchange losingss and additions on the settled points and besides on the pecuniary points which are unsettled should be taken to loss or net income for that period. When loss or addition on non-monetary points is straight recognized in equity. so that loss or addition is farther taken to the equity ( Ernst A ; Young. 2009 ) . On the other manus if losingss or additions on non-monetary point are taken in loss or net income. so related constituent of exchange would farther be included in loss or net income. Functional currency should be currency of primary economic system in environment the concern is runing. The other currencies should be treated or termed as foreign currencies. Presentation of currencies should be currencies used in showing fiscal statement and is normally affair of one’s pick ( AICPA. 2010 ) . Fiscal statements should be prepared by the functional currency of the entity but may be presented by any other signifier of currency. Individual minutess should be translated at rate on day of the month of dealing. or at any mean rate for period if the rates do non significantly fluctuate. Identify three possible hazards of IFRS and GAAP convergence. There are several hazards which may impact companies as a consequence of the convergence. They include that ; the convergence may put on the line revenue enhancement rate and therefore doing it non to be effectual to some companies. it may besides put on the line the long term fiscal understandings and contracts. and it may besides put on the line timing of the gross acknowledgment ( Ernst A ; Young. 2009 ) .

Analytical Report Assignment Example | Topics and Well Written Essays - 1500 words

Analytical Report - Assignment Example Even though it looks like an external problem, it has a significant impact within the company’s actual market performance. From the business definition, it is true that this may act as stepping stone for the company to maintain effective operations. Market research refers to the process of appreciating the ability of a given product to satisfy the needs of the customers through obtaining information related to it. Research and investigation works through accessing the emerging trends in the market, demographic structure and the buying habits exhibited by the customers. All these three aspects have made market research a suitable tool towards increasing the market share and potential coverage. The four major ways in which the company would feel the significance of the tool include: enabling effective communication, identifying and understanding opportunities, pinpointing problems that are characteristics of operations and acting as a benchmark for evaluating success (Mazzoni et al, 2007). The following is a chart showing the cycle for carrying out a market research The market research will allow the company to identify existing opportunities in the market towards establishing an empire of loyal customers. As stated in the case, the company exhibits inability to compete in the market because of the inability to adapt to the existing technological advances embraced by its competitors (Wei, 2008). The most perfect way to solving this would require the company to gather information about the market niche. The market niche information, obtained through market research and investigation will help in orienting the company to use other alternative ways for increasing market share and coverage. For instance, through market research, the company may realize that there is existing empty space such as the inability of the competitors to

U3 Research Project Coursework Example | Topics and Well Written Essays - 250 words

U3 Research Project - Coursework Example On the other hand, an Organizational Unit (OU) is also a container object. Its function is to arrange other objects in a way that supports the user’s administrative purposes. An OU organizes objects into a logical hierarchy, making it easier to find and manage. It is used when the delegation of specific administrative roles is needed. Its advantage is that it simplifies the management of objects, enabling administrators to organize Active Directory to match their organization’s needs (Microsoft, 2014). A domain tree comprises several domains linked together in a hierarchical style. The first domain forms the foundation of the naming structure of subsequent domains. The purpose of a domain tree is to classify interrelated objects stored in various domains into hierarchies that match an organization’s needs. Domain trees are used when an organization wants to categorize interrelated domains for easier access. It is beneficial because subsequent child domains can be added to the parent domain. Domains within a tree have a hierarchical naming style in which the child domain name is added to the parent name (Simmons, 2001). On the other hand, a domain forest comprises several trees linked together by their root domains. It acts as the highest container in a specific Active Directory. Its function is to link several domains and domain trees to form an Active Directory. It is used when an organization wants to connect two or more domain trees, which do not share contiguous names. It is advantageous because information is only shared within one forest, increasing data security (Microsoft,