IP_WK1_MR Essay Example | Topics and Well Written Essays - 500 words

IP_WK1_MR - Essay Example However, I believe that learning accounting is an imperative in being a part of any business organization just as it is for any company—no matter what size, industry it belong to, and whether it is profit-oriented or for other purposes. My professional goal is to build a career in marketing that, which I cannot excel in without the knowledge of accounting equation and the effects of various transactions in each of the company’s income statement and balance sheet accounts. I now believe that all departments and all employees should work hand-in-hand with the finance department in order to ensure that financial goals are being met. A sound knowledge of the different financial statements will enable an employee to have a clear understanding of where the fund goes, how money is provided by different activities, if salaries could be increased, and even the level of assets that the company has. As a person hoping to work in the marketing department, accounting knowledge will enable me to assess whether a newly launched brand is realizing the targeted level of sales. Accounting will also enable me to evaluate the profitability of the different brands by understanding the relationship between revenue and costs. It will also enable me to understand which drives costs in the company and be able to respond to this by efficient cost management. An understanding of the financial statements also allows me to recognize which brands to launch with the knowledge of how each will affect the company’s accounts. I believe that marketing plans should always be accompanied by comprehensive budgets which detail how sales will grow in the period, which assets to utilize, and the level of inventories. Thus, a good marketer should be knowledgeable and skilled in accounting in order to make the most profitable and best decision. I have realized that financial problems be only detected b y finance guys but every department should be able

Native People of North America Assignment Example | Topics and Well Written Essays - 1000 words

Native People of North America - Assignment Example This are spirits being used in the western religious practices and pueblo cosmology. There are personification spirits of things existing in the real world. It can represent anything in the natural world from location, concept, and revered ancestor to an element or a quality. There are more than 300 kachinas in pueblo culture. Real Hopi katsinas/kachinas have changed to suit the contemporary world. Today, curving have been termed Hopi katsinas/kachinas for business purposes changing the meaning and originality of the culture of the Hopi people. Natchez are Native American people who are believed to have a Mississippi origin. They have unique language that has isolated them from their close relatives. They have a distant resemblance to the Muskogean languages. Thus, their unique language is a facet towards maintaining their originality. The other unique characteristic of the Natchez is the unusual social system. The system is composed of exogamous marriage and nobility classes. The Menominee Indian Tribe of Wisconsin was given the rights to the nation by the government’s legal process known as the Indian Treaties. These treaties were granted by the house of congress. Congress vested its powers to overthrow all the historical Indian treaty legislation. This took place when they refused to agree to its promise of granting the Menominee Indian Tribe of Wisconsin treaty rights to own their lands in 1830. The congress legislation to eliminate the Menominee Indian Tribe of Wisconsin overrode all Indian Treaties. This is an example of plenary authority. Their accomplishments are preserving their native culture and language, improving their educational opportunities and protecting their environment. 3. Reservation gaming helps nationwide collection of revenues from fee charged from gaming projects. This revenue is used to build schools and colleges as we as investing in drug and alcohol treatment programs. 2. Despite that