A union official is in preparation for contract negotiations. The company has publicly complained about its high labor costs and lack of productivity as compared to foreign workers. A band director is negotiating with a fast food restaurant manager about a steep discount on meals for two bus loads of students. The manager does not want to lose the business to the restaurant across the street. For the last five years, a real estate investor has been active in both speculation and apartment rentals.
Times are tough and the investor wants to focus on the most profitable line of activity.
By now, I hope you are getting the idea that accounting can be a very useful area of study. Some even find it interesting. Accounting has been described as the language of business. We'll treat this as a language course. You can't possibly expect to be as fluent as an accountant after taking this course, but you will know enough to talk intelligently to accountants as you ask for information to make a decision.