
Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
Edition 11ISBN: 978-1259569562
Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
Edition 11ISBN: 978-1259569562 Exercise 2
List two plausible goals for each of these organizations: Amazon.com, American Red Cross, General Motors, Walmart, the City of Seattle, and Hertz.
Explanation
Plausible goals for the organizations listed are as follows:-
a. Az:-
- To achieve and maintain profitability
- To grow online sales of books, music and other goods.
b. ARC:
- To raise funds from the general public sufficient to have resources available to meet any disaster that may occur.
- To provide assistance top people who are victims of a disaster anywhere in the country on short notice
c. GM's:-
- To earn income sufficient to provide a good return on the investment of the company's stock holders.
- To provide the highest quality product possible.
d. J.C.P:-
- To penetrate the retail market in virtually every location in the United States.
- To grow over time in terms of number of retail locations, total assets, and earnings.
e. City of PB:
- To maintain an urban environment as free of pollution as possible.
- To provide public safety, police and fire protection to the city's citizens.
f. Hz:-
- To be a recognizable household name associated with rental car services.
- To provide reliable and economical transportation services to the company's customers.
a. Az:-
- To achieve and maintain profitability
- To grow online sales of books, music and other goods.
b. ARC:
- To raise funds from the general public sufficient to have resources available to meet any disaster that may occur.
- To provide assistance top people who are victims of a disaster anywhere in the country on short notice
c. GM's:-
- To earn income sufficient to provide a good return on the investment of the company's stock holders.
- To provide the highest quality product possible.
d. J.C.P:-
- To penetrate the retail market in virtually every location in the United States.
- To grow over time in terms of number of retail locations, total assets, and earnings.
e. City of PB:
- To maintain an urban environment as free of pollution as possible.
- To provide public safety, police and fire protection to the city's citizens.
f. Hz:-
- To be a recognizable household name associated with rental car services.
- To provide reliable and economical transportation services to the company's customers.
Managerial Accounting: Creating Value in a Dynamic Business Environment 11th Edition by Ronald Hilton,David Platt
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