Managerial accounting

As mentioned in Exhibit P-1 of our textbook, managerial accounting helps managers perform three vital activities – planning, controlling, and decision making. Write a brief 2-3 page paper about your employer or a favorite business you personally visit or are a patron (Starbucks, Netflix, Planet Fitness, etc.) and discuss the risks they face in their industry that can influence their planning, controlling, and decision-making activities.

Include specific examples of threats for all three areas and make suggestions for how they can reduce those risks. Use a SWOT analysis approach to your answer (strengths, weaknesses, opportunities, and threats). Are their risks internal, external, or a combination of both? Also include in your paper why you chose this company and evaluate how successful you think they will be, given their current strategic design, to be prepared for such risks. Provide quantitative and qualitative factors to support your opinion.

Sample Solution

The Film “Mentor Carter” Report

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Available time is a critical piece of a young adult’s life. It has been assessed that adolescent invest more energy on recreation as opposed to beneficial exercises: 20-30% and 45-55% correspondingly (Steinberg 222). A youngster may decide to occupy low maintenance work, organize their experience with different exercises including broad communications, or consolidate various choices. The film Coach Carter enlightens the narrative of a school ball group and their mentor, Ken Carter. It is an ideal case of the impact that relaxation exercises and friends may have on youngsters. The circle of work isn’t delineated in the film. Corresponding to juvenile turn of events, the speculations of directed and unaided recreation and broad communications effect might be applied; aside from that, one ought to likewise focus on peer gatherings.

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The film is set in 1999 in America. Regular relaxation examples of those occasions compare to the discoveries: the adolescent characters invest most of their energy on sports or hanging with companions.

One of the school-supported extracurricular exercises, ball initiates joy for the cooperative people as well as turns into the motivation behind their lives: “B-ball is the main thing that these young men have” (Coach Carter). Hypothetically, taking an interest in organized recreation exercises brings school execution improvement, lessens medication and liquor use, and diminishes wrongdoing (Steinberg 231). It is particularly significant for more unfortunate and useless families.

Smothered by the environmental factors, both senior and junior understudies join the game since it is the best way to escape from the cruel reality where they bomb scholastically and socially. Richmond hopes to graduate not exactly 33%, everything being equal; by and large, the majority of them are probably going to continue in the strides of their family members, be associated with wrongdoings, and go to prison like Lyle’s dad. Under such conditions, the Richmond group has been spared by their mentor.

Ken Carter sets up rules planned to teach and set up the understudies for school; the most pivotal prerequisite is a 2.3 evaluation point normal. His intense measures incite a clamor, yet the outcomes are more than amazing (Coach Carter). B-ball raises the young men’s confidence and solaces them mentally. The film demonstrates that organized exercises are similarly useful for fruitful and low-performing understudies: while Damien, Ken’s child, has consistently been learning at an elevated level and keeps on doing as such, the Richmond understudies additionally gain ground under Carter’s direction.

Similarly as regulated exercises are valuable, the unstructured ones may cause a lot of damage. In the event that a young adult is socially disconnected and attempts unaided exercises, they might be engaged with degenerate conduct, medication and liquor use, etc (Steinberg 234). The film gives different models. Timo Cruz’s activities certify this thought by a solid differentiation between his at various times. The kid used to be a piece of the criminal world since he stopped the group and began selling drugs.

At the point when Timo is reclaimed to the b-ball group, he turns out to be more capable and grown-up. Another case of solo exercises results is unprotected sex and pregnancy. Kenyon and Kyra’s circumstance is tense: while Kenyon’s fantasy is to set off for college and play ball, he comprehends that he should uphold Kyra and their future youngster. Further, the entire Richmond group sneaks and goes to Susan’s home after the triumph; she gives a gathering and welcomes her companions without her folks’ consent (Coach Carter). In this manner, unstructured exercises may once in a while be firmly identified with hazard conduct and violations.

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Concerning broad communications, the young men presumably see them just as extra methods for the b-ball world, not a spare time customer. They anxiously read things of news about the group since they are complimenting and follow the news when columnists censure Carter’s choice to bolt the exercise center. TV doesn’t appear to be mainstream with the young men. All in all, it is a media practice model. The young men select what intrigues them and decipher the data in their own specific manner: regardless of the popular conclusion, they uphold their mentor.

Other than relaxation and broad communications issues, peer connections are portrayed in the film. As far as comparability among people inside a gathering, determination and socialization are considered to add to teenagers’ conduct in an unexpected way: if there should arise an occurrence of delinquent practices, choice, that is fascination dependent on introductory similitude, is all the more impressive (Steinberg 172). Be that as it may, the case of the ball group exhibits the contrary impact: attributable to socialization in the structure if his mates’ impact and help, Cruz has gotten less forceful. The defining moment is the point at which the young men help Timo with works out.

To summarize it, these days youngsters will in general invest their free energy fundamentally on recreation exercises. Game assumes a huge part for them. As it is shown in the film Coach Carter, this sort of organized exercises really assists understudies with dominating in their examinations, reinforces confidence, and forestalls delinquent conduct. Correspondence with companions may likewise turn into a fundamental part of teenagers’ lives. Improbable as it might appear, broad communications are not really a need for youngsters: they may pick what they need, decipher it in their own specific manner, and act as per this observation.

Works Cited

Mentor Carter. Dir. Thomas Carter. Los Angeles: Paramount, 2005. DVD.

Steinberg, Laurence D. Puberty. New York: McGraw-Hill, 2010. Print.

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