Business Commons^™

Cost Accounting Applied To Farming In Southwest Michigan, Toni Fisher

Honors Theses

The purpose of this study is to discuss how cost accounting is applied to the farming process. Specifically, this study evaluates and defines costs incurred within the farming industry where products are produced and sold after being generated from raw materials. Successful farmers must know the costs of raw materials acquired to produce cash corps.

While there are many types of crops farmed in southwest Michigan, this study specializes in cash crops, specifically corn and soybean production. Cost accounting methods applicable to the farming industry are introduced, discussed and applied in this study. A spreadsheet is presented which displays typical …

Economic Effects Of A Lifo Reserve Rollover, Michael Eubanks

Honors Theses

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) have been working together toward the convergence of accounting standards to provide a single set of high quality global standards. Companies who are currently in compliance with Generally Accepted Accounting Principles (GAAP) will need to make necessary adjustments as those standards converge with International Standards. GAAP uses a rules based approach while the IFRS is more principle based. These contrasting approaches create differences that need to be reconciled at various levels of the two standards’ applications. Perhaps the most telling example, under AIS 2 Inventories, the …

The Relationship Among Training Policy, Knowledge Transfer, And Performance Improvement: A Study Of Private Sector Organizations In The Kingdom Of Saudi Arabia, Fayez M. Shafloot

Dissertations

The purpose of this study was to explore human resource (HR) managers' perceptions of training practices (i.e., needs assessment, trainee preparation, training program review, accountability, management support, knowledge transfer, and performance improvement) in Saudi private sector organizations. The research questions were: (1) How do HR managers perceive the importance and or occurrence of training needs assessment, trainee preparation, training program review, accountability and management support? (2) How do HR managers perceive knowledge transfer and performance improvement as a function of training? and (3) What training factors do HR managers identify as being important to the delivery of training?

Data were …

Behavior Based Sales: A Study Of Behavioral Techniques For Sales Performance Improvement, Peder Henrik Seglund

Dissertations

The purpose of the present study was to evaluate the impact of a behavior-based sales training package on sales performance for the sales divisions of two different organizations located in separate cities in the Midwestern United States. The independent variable was a package that included: behavior-based sales training; feedback; and reinforcement. The primary dependent variable was sales performance results, which is a measure of the participants’ closing percentage. Secondary dependent variables included income, participant attendance at sales meetings, participant satisfaction, and changes in knowledge (at site 2 only).

The intervention package was implemented at each site over a course of …

Building Experience Beyond Academics, Katherine M. Ragan

Honors Theses

The object of this study is to determine the perceived benefits of building experience beyond academics. This study consisted of online survey through Question Pro with questions about what co-curricular activities students participated in, whether or not the student had held a previous leadership position, perceptions of benefits of extracurricular activities, holding a job on campus, and academics, demographics, and academic status.

Western Michigan University students were invited to participate in the survey via emails from professors and through social media site invites such as Facebook. Students were able to complete the survey at their convenience from Monday, June 18, …

Development Of A New Technology Venture Balanced Scorecard Derived From Critical Factors That Impact Product Quality, Zella Jackson Hannum

Dissertations

Can a department manager who launches technologically advanced products use a performance measurement tool to improve product quality? Business environments where technologically advanced products are launched to the market for the first time, known as new technology ventures (NTV’s), have lagged behind in adoption of measures that drive product quality. NTV’s have been slow to adopt such measures due to a lack of research that would substantiate the impact of any proposed performance management systems. Thus, the development of an effective and useful tool that measures and drives product quality performance in NTV environments, which has usable visual displays—would be …

Financial And Management Records For Wmu Softball, Lindsey M. Truitt

Honors Theses

The major purpose of this thesis is to create new documents, charts, and forms to better organize the financial, recruiting, and travel information for the Western Michigan University (WMU) softball team. The three forms created include a hotel log, recruiting log, and budget form. Each form is essential for recording events and should enhance the efficiency and ease of recordkeeping. The forms will also help with organizing different files and information. The creation of a hotel log will help plan softball trips and provide a history of well-liked hotels with reasonable prices in locations convenient to the playing fields. The …

The Impact Of Whistleblowing Legislation On Developed And Emerging Markets, Catherine C. Koh

Honors Theses

This paper intends to study the impact of whistleblowing legislations and on developed and emerging markets. The main reason the study is carried out is because there is lack of research and literature conducted on this topic areas. The testing of the relationship between how whistleblowing affects the equity markets in developed and emerging countries is conducted through a multi-regression analysis across four parameters (i) the weekly historical adjusted returns of the countries' indices around the time the legislation was proposed or passed, (ii) the occurrence of the event which is the week when the legislation was promulgated or enacted, …

Personal Savings In The United States, Samanatha A. Marsh

Honors Theses

Over the past decade personal savings in America has been much lower than in the past. The question is why household savings is so much lower and what factors are contributing to the decline. To answer this question, I look at data collected from the Bureau of Labor Statistics (BLS). The BLS has conducted a survey of consumer expenditures, or buying habits, since 1984. By using the BLS 2010 Consumer Expenditure Data, I can look at how different factors, such as income, age, family size and number of kids under the age of eighteen all effect household savings. Using the …

The Impact Of Quantitative Easing Measures On Interest Rates, Financial Markets, And Economic Activity: A Case Study Of U.S.A., Aneesha A. Rai

Honors Theses

This study focuses on the impact of Quantitative Easing measures done by the Federal Reserve and its impact on the U.S.A, with a focus on interest rates, financial markets and economic activity. The Quantitative Easing measures studied are Operation Twist, Quantitative Easing I as well as Quantitative Easing II. The secondary research is conducted using event studies, and different perspectives of economists have been taken into consideration. The answer whether further quantitative easing should be pursued by the Federal Reserve is debated. A different step-by-step view is given into reasons as to why this quantitative easing has been pursued. A …

Insights Of A Wmu Student Into The Particularities Of Non-Profit Organizations: Observations From Cross-Cultural Experience In Two Organizations., Alyssa L. Lord-Hill

Honors Theses

Through my voluntary service in the non-profit sector I have been given the opportunity to experience the benefits that non-profit organizations provide and their missions and strategies to go about fulfilling them. In the course of completing my 6-month internship abroad and as founder of the German Club at WMU, these experiences have sparked my interests in non-profit organizational and success factors. Personal experience is the key to understanding and being able to accurately analyze a situation. Thus I will be using the two non-profit organizations to aid in the understanding of non-profit organizations and their counterparts, for-profit businesses. My …

Navigating The Skills Of Successful Leaders In Business And Sailing, Aras Karaitis

Honors Theses

This research starts by examining some men who have achieved great success in both business and sailing. Looking at the skills and competencies that set these men apart from their competition. The research shows how leaders in both situations organize teams, motivate, and build trust among their individual team members. While gaining an understanding of the value of using a Kaizen approach to leadership in order to promote an atmosphere of continuous improvement and open communication. The research also examines how successful leaders in both business and sailing monitor and react to the external environment, consistently working to manage risk, …

The Increased Savings Of Cash By United States Firms, Robert M. Zak Jr.

Honors Theses

Today, many United States firms are holding nearly double the amount of cash they held in the 1980s. The purpose of this discussion is to interpret and analyze the increase of cash-holdings of United States firms throughout the last 30 years, and to determine exactly how and why firms are holding so much more cash than they used to hold in the past. This discussion conveys significant reasons of why firms throughout the United States are holding more cash, including: a recent drop in on-hand inventories, an increased risk of cash flows for firms, money spent on capital by firms …

Mobile Device Security: Current Challenges And Existing Solutions, Hugo J. Martinez

Honors Theses

The mobile device industry has increased exponentially over the past couple decades. This has created a great demand for the devices along with great dependence on their capabilities. There is an assortment of mobile devices among which can be found laptops, tablets, smartphones, and personal music players. All these provide a way of making personal productivity and business capabilities greater. While businesses and the public benefit from the capabilities of these devices, not everyone notices how valuable the information that they handle is. Today’s mobile devices handle information such as contacts, banking details, GPS location, and personal and corporate e-mail …

Essays On Spatial Analysis Of Foreign Direct Investment And Economic Growth Determinants In Developing Countries, Uwaoma George Nwaogu

Dissertations

This dissertation uses spatial econometric technique to investigate the role of spatial interdependence/third-country effects on Multinational Enterprises (MNE’s) for affiliate location choice, spillover effects of foreign direct investment (FDI) determinants, and the economic growth of developing countries. Unlike non-spatial models, the advantage of spatial econometric models lies in their ability to capture cross-country interdependence and spillover effects of explanatory variables.

The first essay employs a spatial autoregressive model and data on U.S. outbound FDI to investigate whether U.S. FDI into Africa, Latin America and the Caribbean (LAC) depends on previous U.S. FDI in these regions. Additionally, the study investigates the …

Three Essays On Banking Foreign Direct Investment, Tamrat Workalemahu Gashaw

Dissertations

This dissertation investigates three aspects of banking foreign direct investment (BFDI). One striking development in the banking sector over the past two decades is the significant increase in BFDI. Multinational banks are now major players in the global financial system in terms of their asset positions, loan amounts, and operational scales. Despite this significant trend in BFDI, few empirical studies exist explaining observed international BFDI trends.

The first essay investigates the factors determining a bank’s decision to invest abroad. I first develop a two-asset portfolio selection model to identify determinant factors, and then employ a three-way error component model for …

A New Non-Parametric Test For Umbrella Alternatives, Gilbert Ngwa Muma

Dissertations

The Mann-Whitney statistics have commonly been used as a building block for many tests involving ordered and umbrella alternatives. Such tests are based on pair wise information that is obtained from all Ck 2 pairs of samples. This dissertation introduces a new nonparametric test for testing umbrella alternatives in a completely randomized one way design. This test is based on information obtained from a subset of the Ck 3 trios of samples. Unlike most existing tests for umbrella alternatives, the new test lays emphasis on the importance of testing across the peak of the umbrella, thereby rendering the new test …