2 edition of Getting down to business found in the catalog.

Getting down to business

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Published by Administrator in American Institutes for Research in the Behavioral Sciences

  • United States
    • Subjects:
    • American Institutes for Research in the Behavioral Sciences

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      • Teacher guide--Cover.Distributed to depository libraries in microfiche.Obtained pursuant to contract no. 300-79-0535, Office of Vocational and Adult Education, U.S. Education Department--P. [2] of cover.May 1981.Stamped on cover: ED211815.Bibliography: p. 19.

        StatementAmerican Institutes for Research in the Behavioral Sciences
        PublishersAmerican Institutes for Research in the Behavioral Sciences
        LC Classifications1981
        The Physical Object
        Paginationxvi, 133 p. :
        Number of Pages65
        ID Numbers
        ISBN 10nodata
        2Entrepreneurship training components -- module 35.

        nodata File Size: 6MB.

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Getting Down to Business

The owners also hire employees to work for the company and help it reach its goals. Operations All companies must convert resources labor, materials, money, information, and so forth into goods or services. They staff the organization with qualified employees and direct them to accomplish organizational goals.

Accounting Managers need accurate, relevant, timely financial information, and accountants provide it. First, whereas Apple produces and sells goods Mac, iPhone, iPod, iPadmany businesses provide services.

Getting Down to Business

Others, such as hospitals, convert resources into intangible products—health care. Accounting entails measuring, summarizing, and communicating financial and managerial information.

Businesses are influenced by such external Getting down to business as the economy, government, consumer trends, and public pressure to act as good corporate citizens. Such Organization that has a purpose other than returning profits to owners. How and where will it get the necessary money? Many companies provide both goods and services. Financial accountants prepare financial statements to help users, both inside and outside the organization, assess the financial strength of the company.

Good financial management is particularly important when a company is first formed, because new business owners usually need to borrow money to get started. measure, summarize, and communicate financial and managerial information and advise other managers on financial matters. Managerial accountants prepare information, such as reports on the cost of materials used in the production process, for internal use only. Give examples of the ways in which each factor can affect the business performance of two companies: Wal-Mart and Ford.

There are two fields Getting down to business accounting. sums up the relationship among the participants in a business, its functional areas, and the external forces that influence its activities. They also decide on the best method of delivering products and the best means of promoting them to attract and keep customers. Second, some organizations are not set up to make profits.