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Class Notes for REC 475 at University of North Carolina-Wilmington (UNC)

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UNCREC 475Jeff NixFall

REC 475 Lecture 16: REC 476-Capital Budgeting_Nov 28

OC11039353 Page
1 Dec 2016
2
Capital budget- for big purchases you have to make: ex: buying, capital improvement program/plan (cip)- Keeps you on track and keeps you ahead: capital
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UNCREC 475Jeff NixFall

REC 475 Lecture Notes - Lecture 7: Zumba, Induced Demand, Vise

OC11039357 Page
29 Sep 2016
7
Purpose of pricing: to recover costs, to create new resources (aka profit) Done in the private sector: to establish value. Sometimes put prices on thin
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UNCREC 475Jeff NixFall

REC 475 Lecture Notes - Lecture 3: Inventory Turnover

OC11039352 Page
24 Aug 2016
0
Financial objectives: improving profit (aka the bottom line, appropriate accounting methods, investment activities, managers must generate a profit, fa
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UNCREC 475Jeff NixFall

REC 475 Lecture Notes - Lecture 15: Work Unit

OC11039355 Page
21 Nov 2016
3
Some places have adjusted budgets where you can update your budget numbers. November 18, 2016 that you said back at the beginning of the year: again: Y
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UNCREC 475Jeff NixFall

REC 475 Lecture Notes - Lecture 13: E Number, European Cooperation In Science And Technology, Microsoft Powerpoint

OC11039354 Page
12 Nov 2016
2
90% of the programs we will deal with will be something that has happened before hand so we have data and other things about it and we will just have t
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UNCREC 475Jeff NixFall

REC 475 Lecture Notes - Lecture 12: Per Diem, Data Analysis

OC11039357 Page
8 Nov 2016
2
Grant writing: gratuitous income (even though you have to work for it by writing, it is a method of securing funds, this is uniquely american. This is
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UNCREC 475Jeff NixFall

REC 475 Lecture Notes - Lecture 9: Baby Boomers, Advertising Mail, Bake Sale

OC11039356 Page
23 Oct 2016
2
Fundraising- the process of securing funding from private resources for the. Philanthropy and fundraising operation of the organization: this is not th
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UNCREC 475Jeff NixFall

REC 475 Lecture Notes - Lecture 11: Brand Loyalty, Naming Rights, 7 Things

OC11039353 Page
23 Oct 2016
0
October 14, 2016: ex: i give you money and you put my organization on your shirts or flyers, can get sponsorships for everything, sponsorships don"t ha
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UNCREC 475Jeff NixFall

REC 475 Lecture Notes - Lecture 8: Fairtax, Flat Tax, Income Tax

OC11039354 Page
12 Oct 2016
4
Compulsory income- funds secured by government organizations through taxes or some other similar government generated source (mainly taxes though) Augu
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UNCREC 475Jeff NixFall

REC 475 Lecture 6: REC 476- Supply and Demand Part 2_Aug 29

OC11039353 Page
1 Sep 2016
0
Future value examples: ex: 123,500 for 7 years 4. 3% Step 1: figure out what you are making each year. 123,500 x . 043 = ,310. 50 what you make each ye
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UNCREC 475Jeff NixFall

REC 475 Lecture 17: REC 476-Budget Presentations_Nov 30

OC11039352 Page
1 Dec 2016
2
May not have to present your budget but the higher your job is the more you will have to present and justify your budget to people. Purpose of the budg
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UNCREC 475Jeff NixFall

REC 475 Lecture Notes - Lecture 14: Savings Account, Fair Labor Standards Act, Life Insurance

OC11039356 Page
17 Nov 2016
2
Budget preparation: shows how effective you are being, forces strategic planning, moves organization towards quantifiable objectives for goals, standar
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