Bobs Meltdown Case Study Example | Topics and Well Written Essays - 750 words

Bobs Meltdown - Case Study Example As the discussion outlines the first alternative that Singer could take is to fire Dunn, who is the senior Vice President and General Manager, Services. However, the case study identifies that Dunn is the best manager and the profitability of the company probably rides on his shoulders. This alternative will make the company lose revenue, and probably end up insolvent. The other alternative that Singer could take is to severely reprimand Dunn and make him apologize to Ms. Annette over his behavior. Organizational behavior ethos dictate that the best functioning of an organization as a team requires the cohesion that can only be achieved by a unity between the managers. The third alternative would be to assume that Dunn was under a lot of pressure from the responsibility entrusted to him. Therefore, this alternative would require that Mr. Singer talks to Dunn and tells him to calm down, and that Annette would be made to understand the importance of the services department. From this study it is clear that all the alternatives proposed above their own limitations and strengths, mainly because of the deep ethical and professional implication of Dunn’s actions. The first alternative is the first consideration, because of the unprofessional nature of Dunn’s reaction. However, this alternative would result in a loss in profitability for the company before another manager as good as Dunn is found. The second alterative, a reprimand and no other action being taken, is not very advisable for the firm. This is because of the interpretations that the action would elicit from the other employees. This alternative would imply that the company does not care about some employees, especially the female employees, and that the performance record by Dunn gives him more leeway than the other employees.

Accounting Principles Essay Example | Topics and Well Written Essays - 1000 words

Accounting Principles - Essay Example The  American Institute of Certified Public Accountants  (AICPA) has also defined the term accountancy as an art of recording the data, classifying and summarizing the data in financial aspects. Each of the transaction and event, which is, either a least part of a financial character, becomes a part of financial statement for the interpretation thereof. There are more than methods of recording the transaction and each of the entity is allowed to adopt the method, which suits it the best. Expense and income are the two pillars of business. The methods of recording all the expenses and incomes are: The basics of both methods are same and the only difference is of time about the credit and debit of sale or purchase in the books of one’s account. If a business is using the cash method then its income will be counted when it will be receiving the cash or check in actual and expenses are counted when the amount is actually paid. On the other hand, under the more common accrual method of recording the data, entered transactions at the same time when they happen, in spite of when the money received or paid in actual (Morgan). With the accrual method, income is counted when the sale occurs, and expenses are counted when you receive goods or services. In this method, the business does not need to wait till the actual receipt and payment of money happened. Nevertheless, it is difficult to forecast that when the business will get or pay the money and it is also not predictable that when the sale and purchase will occur. Not until you finish a service or deliver all the goods a contract calls for can do, you put the income down in your books (Morgan). It is clear that there is no significant difference between these two methods and they both can produce the same results. If all the sales are paid at the same time the transaction occurred and the payment has been made at the same time of the transaction occurred, means the cash transactions, the