Critical Thinking questions Essay Example | Topics and Well Written Essays - 750 words

Critical Thinking questions - Essay Example Financial accounting and managerial accounting basically have the same function but their end results are different. The main difference between the two is that financial accounting is conducted and processed so that information can be made available to third parties that are outside the organization. These reports are basically created over a half yearly or annual period and they are reviewed as per the fiscal year. Managerial accounting is more centered towards decisions that have to be made within an organization. The data and information procured during this process is used by the managers of a business or company. The reports that are created under managerial accounting are for a shorter period of time for example a week, a month or even everyday. Financial reports are used by people who may want to invest in the firm or sell the stocks or shares, where as managerial reports are needed for the smooth running of the firm. Financial risk and financial return can be called siblings in a sense. When an investor is putting capital or money into stocks, bonds or generally putting money into a firm he is taking a considerable risk because there is always a chance that he may lose the money that he has invested. Financial return on the other hand is the profit that the same investor would get from his investment. The amount or significance of the return is dependent on the risk i.e. the lower the risk taken, the lower the return will be and the higher the risk taken the higher the return would be. There is always a potential for higher returns based on the risk being a success or failure, if it results in a failure then there will be no returns. The U.S. health care system is made complex by the different types of networks that are created around providers, payers and patients. Pharmacists may play an important role; however, this role is interlinked with many other professionals. â€Å"Pharmacists are intertwined into a web of

NTERNATIONAL SUSTAINABLE BUSINESS Essay Example | Topics and Well Written Essays - 1500 words

NTERNATIONAL SUSTAINABLE BUSINESS - Essay Example This study will analyse the usefulness of a sustainable product in the market and the method of producing that product in a sustainable way. The study will also show the marketing approach that will be necessary to use in terms of distribution, design and its effect to the environment. Dixie chemical company is located at Bay Area in Pasadena and aims at creative chemistry as well as being committed to its customers. It deals with research and development projects, quality control and a pilot plant that is capable of maintaining good processes in production units around the area. Being part of the American Chemical Council (ACC) the above company has been ranked as the best in both manufacturing of quality products and marketing products of high purity and pharmaceuticals (Holmberg and Robert 2000, p. 300). The company is involved with offering various services to its customers that include the provision of products information about the technical use of the product and how to use the end product in a unique way. The company also manufactures products that customers prefer for instance after a contact has been made between the client and the producer for this to happen, there have to be built confidence between the two parties. The company also helps in producing fuel at a low price which leads to less pollution to the environment. Atomic Company mostly concentrates on the production of chemicals and their by products. Nuclear power plants have recently been so useful since one needs to use a small amount of fuel as compared to other types of fuel. In the nuclear reaction, processes are conducted depending on the type of fuel produced. This process needs enough care to avoid polluting the environment through radiation gases. Use of these power plants has continuously gained competitive advantage in the market as its products are cheap and do not cause and pollution to air or water. Last month the