Intorduction 3. Objectives 4. Methdology 5. Imp of Study 6. Area of Study - Liitiation
Intorduction 3. Objectives 4. Methdology 5. Imp of Study 6. Area of Study - Liitiation
Intorduction 3. Objectives 4. Methdology 5. Imp of Study 6. Area of Study - Liitiation
N TITAL
2. INTORDUCTION
3. OBJECTIVES
4. METHDOLOGY
5. IMP OF STUDY
6. AREA OF STUDY
7. MAIN CONTENTTO 16
17. LIITIATION
18. BIbli
INTORUCTION
"Business houses" is a term often used to refer to large and prominent corporations or
conglomerates that operate in various industries and have a significant influence on the economy.
These business houses typically have diversified business interests and may operate in multiple
sectors. Here are a few examples of well-known business houses in different countries:
WALT DISNEY
The Walt Disney Company, commonly known as Disney, is a renowned
American multinational mass media and entertainment conglomerate. It was
founded by Walt Disney and Roy O. Disney. Here's a brief overview of the
history of Disney's inception:
The story of Disney begins in the early 1920s when Walt Disney, a young
animator, and Roy O. Disney, his elder brother, started a small animation
studio called the "Disney Brothers Studio" in Hollywood, California. They
initially produced a series of short films known as the "Alice Comedies." In
1928, Walt Disney created the iconic character Mickey Mouse. Disney was at
the forefront of innovation in animation. In 1928, they introduced
synchronized sound in their cartoons, revolutionizing the industry. In 1937,
Disney released its first full-length animated feature film, "Snow White and the
Seven Dwarfs" Which was a massive hit. n the 1950s and 1960s, Disney
expanded its business into the theme park industry. Disney has adapted to the
changing media landscape by launching its streaming services, including
Disney+ in 2019. Walt Disney passed away in 1966, but the company continued
to thrive under the leadership of Roy O. Disney and subsequent CEOs. In recent
years, Bob Iger and Bob Chapek have played key roles in Disney's growth and
evolution.
FORM OF BUSINESS
The Walt Disney Company is a publicly-traded corporation, which means it is owned by shareholders
who hold shares of its stock. The company's shares are traded on stock exchanges such as the New
York Stock Exchange (NYSE) under the ticker symbol "DIS."
Today, The Walt Disney Company remains a publicly-traded corporation with a wide range of
business interests, including media networks, studio entertainment, theme parks, and consumer
products. While Walt Disney himself is no longer alive, his influence and creative spirit continue to
shape the company's endeavors and brand.
Products
Movies and Television Shows: Disney is renowned for its animated and live-action films and
television series. This includes classics like "The Lion King," "Cinderella," "Toy Story," as well as the
"Star Wars" and Marvel Cinematic Universe (MCU) franchises.
Theme Parks and Resorts: Disney operates theme parks and resorts around the world, including
Disneyland and Disney World. These parks offer attractions, entertainment, dining, and merchandise
featuring Disney characters and themes.
Merchandise: Disney-branded merchandise includes clothing, toys, accessories, home decor, and
more. Disney characters and franchises are widely featured on consumer products, and Disney
stores sell a variety of items both in physical locations and online.
Media Networks: Disney owns and operates a range of media networks, including ABC, ESPN, and
Disney Channel. These networks produce and distribute television programming and sports content.
Streaming Services: Disney has entered the streaming media market with Disney+. This streaming
service offers a vast library of Disney, Pixar, Marvel, Star Wars, and National Geographic content.
Consumer Products: In addition to merchandise, Disney licenses its characters and franchises for a
wide range of consumer products, including video games, books, and collectibles.
Publishing: Disney publishes books, magazines, and comics featuring its characters and stories. It
also has its own publishing imprint, Disney Publishing Worldwide.
Music: Disney produces and distributes music related to its films and television shows. Disney
soundtracks, as well as songs from its theme parks, are popular with audiences of all ages.
Cruise Line: Disney Cruise Line offers cruise vacations with Disney-themed experiences,
entertainment, and character interactions.
Interactive Entertainment: Disney has a presence in the video game industry through various
subsidiaries and studios, producing games based on its franchises.
Studio Entertainment: Disney's film studios produce a wide variety of content, including animated
films, live-action movies, and documentaries.
Educational and Media Programs: Disney also offers educational and media programs for children,
including the Disney Junior brand.
Environmental Initiatives: Disney has initiated environmental products and efforts, including eco-
friendly merchandise and sustainability initiatives within its parks and operations.
These are just some of the many product categories associated with The Walt Disney Company.
Disney's ability to create and market products and experiences based on its beloved characters and
storytelling has made it a global entertainment giant.
INNOVATION
The Walt Disney Company has a long history of innovation across various aspects of the
entertainment and media industry.
First Full-Length Animated Feature Film: Disney revolutionized animation and filmmaking with the
release of "Snow White and the Seven Dwarfs" in 1937. It was the world's first full-length animated
feature film and a significant advancement in the art of animation.
Technicolor: Disney was an early adopter of Technicolor, a color motion picture process. The use of
color in films like "Snow White" and "Fantasia" set new standards for visual storytelling.
Reducing Greenhouse Gas Emissions: Disney has set ambitious goals to reduce its greenhouse gas
emissions and is working towards being carbon neutral for its direct emissions by 2030.
Conservation and Wildlife: Disney supports conservation efforts and has a partnership with the
Wildlife Conservation Society to protect wildlife and their habitats.
Water Conservation: Disney works to conserve water resources in its operations and has set targets
to reduce water consumption.
Disney is committed to creating content that reflects diversity and inclusion. This includes diverse
characters and storytelling that resonate with a global audience.
Community Engagement:
Disney invests in communities where it operates through programs like Disney Team of Heroes,
which brings Disney magic to children's hospitals
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ACCOUNTS
Introduction
In accounting, the definition of a source document is a piece of paper that proves that a transaction
has occurred. Source documents contain pertinent information about the transaction, such as the
date, the dollar amounts, the involved parties, and the purpose of the transaction. These documents
serve as proof not only that the transaction has occurred but also of the details of the transaction.
With advances in technology, source documents now also include electronic records, such as an
emailed receipt or an electronic bank statement.
PURPOSE
Accounting documents and journals are used to maintain records of a company's financial standing.
Not only do they show the current balances for the company's accounts, but they can also be used
to show patterns of income and spending and provide a picture of the overall health of a company.
An accounting journal entry includes several important details of the transaction, such as the date
and description of the transaction and which accounts will be debited and/or credited, depending on
the nature of the transaction. If the journal entry is incorrect, it can make the entire accounting
record inaccurate and cause tremendous problems for the business going forward. The examination
of source documents, therefore, is a critical first step to keeping accurate accounting records.
Source documents serve several purposes in accounting. First, original source documents serve as
evidence that a business transaction did occur. They also provide the details of the transaction,
including dollar amounts, the date of the transaction, the parties involved, and information as to the
purpose of the transaction. Accountants use source documents to complete accounting journal
entries about the transaction.
Source documents are, first and foremost, important to the bookkeeping and accounting process
because they serve as physical evidence that a financial transaction actually occurred. Nowadays,
these documents do not necessarily need to be a physical hard copy – they may be in a traceable
electronic form.