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This is a question that posted in my management class that needs to be answer with at least 150 words. I would like for it to be in your own words if not please cite-in-text with reference. please no plagiarism
If you were a manager, how would a negotiation that has an international component affect your negotiation perspective?
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Deliverable 3 - Foreign Currency Translation
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Measure the accounting for foreign currency and its translation.
Scenario
CM Corporation (CMC) was founded six ...
Deliverable 3 - Foreign Currency Translation
Competency
Measure the accounting for foreign currency and its translation.
Scenario
CM Corporation (CMC) was founded six years ago by Phil Connor and Eric Martin. The company designs, installs, and services security systems for high-tech companies. The founders, who describe themselves as "entrepreneurial geeks," met in a computer lab when they were teenagers and found they had common interests in working on security systems for critical industries. CMC hired you as a junior accountant this year.
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CMC expects much growth potential for its products. As a result, they are considering going public and expanding internationally in the near future.
Instructions
Connor and Martin are contemplating international business in their industry and feel that global expansion is a great transition for the company. They feel they understand IFRS much better in addition to having a greater technical grasp of GAAP. They have decided to go public and also expand internationally within the next two to three years. With making such bold moves, they are also seriously considering a switch to IFRS as their accounting standards for financial statements. Connor and Martin have requested your assistance in creating a PowerPoint presentation that summarizes information on the impact of foreign currency should the firm expand internationally.
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Please follow these four steps to write your initial post, which should be 300 to 350 words:
Using and citing Bevan, define self-concept and self-esteem, and connect both to intrapersonal and interpersonal communication.
Complete this Johari Window (Links to an external site.) Based on your results, list five words you used to describe yourself and the five descriptors your friend or family member gave of you. Explore the similarities and differences in the labels in the different windows, and discuss whether or not you were surprised by any of them.
Connect your Johari Window results to what you learned in Bevan on self-concept and self-esteem.
Discuss how you have formed your labels through intrapersonal and interpersonal communication.
7 pages
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Shi, H., Liu, Y., & Petruzzi, N. C. (2013). Consumer heterogeneity, product quality, and In marketing, a distribution chan ...
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Deliverable 3 - Foreign Currency Translation
Competency
Measure the accounting for foreign currency and its translation.
Scenario
CM Corporation (CMC) was founded six ...
Deliverable 3 - Foreign Currency Translation
Competency
Measure the accounting for foreign currency and its translation.
Scenario
CM Corporation (CMC) was founded six years ago by Phil Connor and Eric Martin. The company designs, installs, and services security systems for high-tech companies. The founders, who describe themselves as "entrepreneurial geeks," met in a computer lab when they were teenagers and found they had common interests in working on security systems for critical industries. CMC hired you as a junior accountant this year.
Lately, Connor and Martin have been working with "radio frequency identification" (RFID) technology. They have developed a detailed system designed to track inventory items using RFID tags embedded invisibly in products. This technology has numerous inventory applications in multiple industries.
One of the most basic applications is tracking manufacturing components; if tagged components "go walking" (if employees attempt to take them), companies can easily track and find them. Connor and Martin have sold their system to several high-tech companies in the area. These companies have a number of government contracts that require extensive security systems to protect sensitive data from infiltration by terrorists and others. To date, CMC's cash flow from sales and services has adequately funded its operations.
CMC expects much growth potential for its products. As a result, they are considering going public and expanding internationally in the near future.
Instructions
Connor and Martin are contemplating international business in their industry and feel that global expansion is a great transition for the company. They feel they understand IFRS much better in addition to having a greater technical grasp of GAAP. They have decided to go public and also expand internationally within the next two to three years. With making such bold moves, they are also seriously considering a switch to IFRS as their accounting standards for financial statements. Connor and Martin have requested your assistance in creating a PowerPoint presentation that summarizes information on the impact of foreign currency should the firm expand internationally.
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