Introduction of my self Essay Example | Topics and Well Written Essays - 500 words

Introduction of my self - Essay Example English being a commonly understood language proved extremely beneficial for me in this foreign land as it helped in earning many friends that belonged to various ethnic groups and cultures both in Korea and the United States. English also helped me in improving my conversational skills and in increasing my social network, which further enhanced my confidence and strengthened my personality. This confidence helped me in passing out matriculation from Pennsylvania State University. Inspired by my father, who is the CEO of Bellastone Resort, I developed keen interest in economics and business from the beginning. Because of this inspiration and interest, I opted for economics as my major in my academics. Studying economics further strengthened my curiosity for world economics and financial issues affecting the world. Though I earned a green card in the United States, I chose to join Korean armed forces, which boosted my inner strength to a great extent. My key role in the Korean military forces was to translate general administrative documents from Korean to English. During this time, I also learnt various aspects of Korean culture, which included maintenance of relationships between superiors and subordinates. Though I had only two years of experience in the military services, I was able to adapt to the Korean life style and also revert to the American life style shortly thereafter. I realized that my biggest strength was to build good interpersonal relationships owing to ten years of experience in multicultural settings and dealing with people of all age groups. This experience not only helped in learning about different ethnicities and cultures, it also rid me off all possible biases towards specific ethnic or age groups. My openness and positive attitude helps in accepting people with different thinking and values, thereby

Response to Coments on DQ1 J1 and DQ2 KS Essay Example | Topics and Well Written Essays - 250 words

Response to Coments on DQ1 J1 and DQ2 KS - Essay Example The three types of inventory in a manufacturing operation are raw material, work in process inventory, and finished goods inventory (Garrison & Noreen). Inventory is a current asset, but this asset is not as liquid as other current assets. The most liquid current asset is cash. The multi-step income statement provides more details than the single step income statement. DQ2 I like your response and agree with you in your response because the way inventory is handled affects the profitability of a company. In the auto industry the Big Three in order to compete with international competition began to outsource part of the inventory work. Instead of producing auto parts themselves the companies the companies are outsourcing by purchasing the parts from foreign distributors. Techniques such as just in time inventory enabled managers to minimize the amount of inventory companies have in their plants. Having too much inventory is bad due to the opportunity costs associated with holding the inventory. A cost of opportunity can be defined as the alternative use that was forgone when making a decision (Varian). For example a person that decided to give up their job to become a hot dog vendor has the opportunity cost of the salary that he will stop making to sell hot dogs. Work Cited Page Garrison, R., Noreen, E. 2003. Managerial Accounting (10th ed.). Boston: McGraw Hill Irwin. Varian, H. 2003.