Buy custom The Evolution Of Accounting And Business 1950 To 1995
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 730 |
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Early in his career, Drucker predicted the "end of economic man" and advocated the creation of a "plant community" where individuals' social needs could be met. He later acknowledged that the plant community never materialized, and by the 1980s, suggested that volunteering in the non-profit sector was the key to fostering a healthy society where people found a sense of belonging and civic pride...
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Profit is not the primary goal, but rather an essential condition for the company's continued existence.[21]
Some Milestones:
1950 IBM begins to develop electronic computers. By 1953 Model 702 becomes available for accounting applications
1953 First GAAP Codification. CAP issued ARB 43, which codified all previous pronouncements...
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General points of the essay
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