Cost Accounting-Chapter 1 Essay - 911 Words

Cost Accounting - Chapter 1 1. Flexibility is said to be the hallmark of modern management accounting, whereas standardization and consistency describe financial accounting. Explain why the focus of those two accounting systems differs. Financial accounting is more about the bigger picture—it evaluates the finances of the organization as a whole, using historical, quantitative, monetary, and factual data. It is more formal and requires the use of GAAP. The information financial accounting provides is more suitable for external users such as investors, creditors, and the SEC. Meanwhile, the information obtained from managerial accounting is more for internal users such as managers and employees. This type of accounting is focused on†¦show more content†¦A core competency is what an organization seeks to have, excelling at something that no other organization can do as well and gaining the ultimate competitive advantage over the other organizations. If the organization does not possess a certain core competency that is needed for one of their strategies, then it would be difficult if not impossible for the organization to execute the strategy. Whatever plans an organization has, it should make sure that they have the appropriate set of core competencies in order to successfully carry out those plans. Otherwise, they would have to come up with a different strategy. 9. How does workplace diversity affect organizational culture? Include in your answer a discussion of both the potential benefits and the potential difficulties of hiring workers with diverse backgrounds. Having workers with diverse backgrounds may result in dealing with communication issues, varying work ethics, having to accommodate the practices of different belief (e.g., holidays, times of prayers, special dietary restrictions, dress codes), changes in the trend of tardiness and absenteeism. The more diverse a workplace becomes, the more it needs to change the work culture in order to represent that diversity. Having diversity in the workplace can be positive since it may lead to less prejudices, a better ability to cover the work schedules since not everyone celebrates the same holidays, andShow MoreRelatedCost Accounting 13th Edition Chapter 1 Solution4848 Words   |  20 PagesCHAPTER 1 THE ACCOUNTANT’S ROLE IN THE ORGANIZATION ACCOUNTANT’ See the front matter of this Solutions Manual for suggestions regarding your choices of assignment material for each chapter. 1-1 Management accounting measures, analyzes and reports financial and nonfinancial information that helps managers make decisions to fulfill the goals of an organization. It focuses on internal reporting and is not restricted by generally accepted accounting principles (GAAP). Financial accounting focusesRead MoreIntermediate Accounting 14 Edition Test Bank – by Kieso1044 Words   |  5 PagesIntermediate Accounting 14 Edition Test Bank – By Kieso Follow Link Below To Get Tutorial https://homeworklance.com/downloads/intermediate-accounting-14-edition-test-bank-by-kieso/ Description: Chapter 1 Financial Accounting and Accounting Standards Chapter 2 Conceptual Framework Underlying Financial Accounting Chapter 3 The Accounting Information System Chapter 4 INCOME STATEMENT AND RELATED INFORMATION Chapter 5 BALANCE SHEET AND STATEMENT OF CASH FLOWS Read MoreLimitations of Historical Costing in Times of Inflation1280 Words   |  6 PagespromoCode=partnerID=content=storystoryID=19988 CHAPTER 5 Normative theories of accounting 1: The case of accounting for changing prices Learning Objectives http://www.download-it.org/learning-resources.php?promoCode=partnerID=content=storystoryID=19988 Upon completing this chapter readers should: ââ€"† be aware of some particular limitations of historical cost accounting in terms of its ability to cope with various issues associated with changing prices; ââ€"† be aware of a number of alternative methods of accounting that haveRead MoreReflection Paper Accounting1274 Words   |  6 Pagesï » ¿Reflection paper Accounting to me is challenge as a whole; it is a good subject to learn because accounting knowledge is always in demand. 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The Pros and Cons of A Market Economy. Essay - 846 Words

The Advantages and Disadvantages Of A Market Economy. 27/9/96 Command and Market economies Neil Samtani nbsp;nbsp;nbsp;nbsp;nbsp;When considering the advantages and disadvantages of command and market economies, you may notice that they are usually straight forward, yet, both advantages and disadvantages may merge at times, resulting in an unclear issue, that could be debatable whether it is for the good of the society, or for the government. Therefore, what I am trying to say, is that no matter how hard you try, it is always impossible to debate on which economic system is better. Both have their good points and their bad, but, each is aimed towards a community that will make use of it. This community has usually got a majority†¦show more content†¦This is a perfect example of what I mentioned before, which is the way that you can not categorise all statements. This would be an advantage for the rich, but, a disadvantage for the poor. However, governments may also affect the situation, resulting in the rich getting richer, and, the poor managing to stay alive. nbsp;nbsp;nbsp;nbsp;nbsp;The entire idea of the market economy is freedom. The freedom for people to do what they want, make what they want, and, sell what they want (to a certain extent). This can also be described as being able to decide WHAT is going to be produced (what products), HOW it is going to be produced (organisation, etc.) and FOR WHOM it is going to be produced. This is definitely an advantage, as freedom and rights are allowed. Besides this, the norm is that youre wage is affected by the amount you work. The harder a person works, the more you would expect to get paid. This is another advantage, since people are paid by the amount they work : a lot of work results in a high outcome, and a high income for the person. 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Plexipave A Failed CRM Implementation Sample Solution

Question: Define Plexipave for A failed CRM implementation. Answer: Introduction It describes the various aspects of the Customer Relationship Management. The objective is to evaluate the critical anlaysis of the customer relationship management in the perspective of the Plexipave implementation. It enables to determine the customer relationship management their relations with enterprise system, explain different process of CRM and wrong with Plexipaves CRM and improvement strategy. Indeed, Plexipave is the producer of acrylic sports surfacing. Acrylic sport surfaces is established in the commercial, agency, tournament locations and residential involving Tennis Asia, the David Cup and Indian Wells. It is the part of California Products Corporation as a producer of coating and paints. It is located in Andover, MA. California started production of the Plexipave. It is the oldest producer of acryulic tennis court surfaces in all over the world. Further, Enterprise system is a big scale software packages that helps business process, reporting, information flows and data analytics in composite company. It has three kinds of enterprise systems such as ERP system, CRM and enterprise planning systems. Plexipave is the correlated with customer relationship management. CRM is the part of enterprise system. So, both are interrelated in their business term at the current market condition. (Motiwalla Thomson 2012). Describe customer relationship management and relation with enterprise system: CRM is a agreement that relates to strategies and technologies to handle data and assisting in customer retention, improving business relationship with customers and forcing sales growth. In the other words, It is designed to collect information on customer variety channels or point of channel between the organization and the customer that involves the organizations, live chat, telephone, direct mail, social media and marketing materials,. Further, The relationship between enterprise and CRM can be complicated for someone who has started searching for CRM solutions for their business. There are several small business person offering many editions, It is an easy to get confused when business required enterprise CRM. Enterprise system CRM solution such as SAP, Salesforce and Microsoft Dynamics are planned for larger and flexible business with customer facing departments databases. It allows for a high degree of automation such as generating alerts when problem increase. (Baran Galka 2 013). Enterprise system can be more expensive as compared to CRM standard. Most of price will be attribute on time and effort involving in customizing the deploying and system. The extra price involves robust support for issues such as creating mobile applications and training. Enterprise system has three types of system such as supply chain management, CRM and enterprise resource planning. Here, CRM was created to find the requirement to increase the sales department productivity. Supply chain management relates to collection of tasks, equipment, data, people and resource required to produce products from vendor to a customer. The enterprise resource planning software integrates business process such as finance, inventory management, purchasing and human resources. In the regard of ERP system, it integrated software modules such as quality management, sales, accounts receivables, share data and communicate. Enterprise system is an useful in the Plexipaves kinds of small business or ganization. It helps to raise the employees productivity, business knowledge and reduce the duplication of organization data. Plexipaves kinds of enterprise system attributes offer specific profit such as improved response to the raised work quality, marketplace, greater staff collaboration, support of teamwork and efficiency. (Kumar Reinartz 2012). [Chart 1, (Source: Motiwalla Thomson 2012)] Determine different process of CRM: CRM process is determined as the activities performed by the company relating the CRM. The purpose of the CRM process is to form customer perception of the company and its products through building customer relationship, developing customer knowledge and indentifying customers. It is the categorized into horizontal and vertical process, back office process, primary secondary process and front-office process. (Fjermestad Robertson 2015). These are the different process of the CRM that is described below: Customer facing level CRM process: It is a process that manage termination, maintenance, customer relationship initiation and across all customers to raise the value of the relationship portfolio. The customer facing CRM process includes relationship maintenance, relationship termination and relationship initiation. (Reinartz, Krafft Hoyer 2004). Further, maintenance process involves the activity that portray customer relationship such as retention program and up cross selling. (Makkar 2012). It is helpful to maintain CRM strategy process in the competitive business environment. So, organization should follow the current process of CRM strategy to survive in the market. Termination process involves bad relationship for used to find and settle on ending. Initiation process involves activity that take place before early stage of the relationship. Furthermore, this context shows the significant of coordinating information across period to handle the whole customer relationship systema tically. It is the significant process of CRM that related with the Plexipaves. (Rababah, Mohd Ibrahim 2011). Customer oriented CRM process: It covers the customer activities performed to satisfy a need to solve a problem. The customer is the king of market and it is the wholesale of the market. So, process should be based on customer oriented that attract people to follow them. The customer oriented CRM process has three kinds of process such as delivery, analysis and support process. CRM deliver process is known as part of customer process involving campaign, service, complaint, sales management process. CRM analysis process is the analyzing the gathored knowledge of CRM process involving lead management, segmentation, feedback, customer profiling and knowledge management. CRM support process deals with supporting objective by the market research process. (Kim Kim 2009). Cross functional CRM process: It is based on holistic approach such as performance assessment process, strategy development process, the information management process, value creation process and multichannel integration process. The value creation process is based on the outputs of the development process. The value of the customer receives, the organization receives, maximizing the lifetime value of desired customer are the significant elements of the value creation process in the perspective of the Plexipave implementation. The strategy development process covers the reciprocal set of strategic process that provides the detail overview of the company strategy. The information management process is collected from develop clear proper marketing responses. Performance assessment process is an assuring of achieving the company strategic objective in terms of CRM. It includes observing of the CRM activities to getting customers feedback regarding CRM implementation in the organization. (Makkar 2012). CRM macro level process: It relate to the undertaken activities of the company to develop market intelligence. The Plexipaves can leverage to construct and survive a profit-raising portfolio. Macro is the part of economic of the country that helps to evaluate the current economy condition. It is helpful to predict the future growth of the organization. The interaction management processs and knowledge management process are dependent on the technological and human resource of the company. (Kim Kim 2009). Knowledge management process has three types such as data collection, intelligence dissemination and intelligence generation, Data collection relate to the collection of information to the customers. The intelligence generation relate to the discussion of the colletion information into desire to be disseminated in the intelligence process across the company to all staff who has relation with customers. (Rababah, Mohd Ibrahim 2011). (Source: Rababah, Mohd Ibrahim 2011) Wrong (failure) with Plexipaves CRM strategy and improvement: These are the significant failure with Plexipaves CRM strategy that is described below: Lack of business will be the reason for CRM implementation failure. The organization should adopt clear strategy for business to run in the competitive market. It is the significant way to survive in the current market. The organization strategy should be customer oriented that attract new customer in the Plexipaves CRM strategy.(Kumar Reinartz 2012). Plexipaves that think CRM software is the CRM. It is not trying to achieve CRM strategy. It should be realized that CRM software is enabler to reach CRM strategy. (Sheth Parvatiyar 2011). Project management or poor planning will not help to CRM implementation failure. But also result in employees job loss. Project management or planning should be handle by the well educated team of the organization. The organization shoul hire some subject specialized employees that can handle technical work perfect manners. A selection of the wrong CRM provider will end up in execution failure. If a provider is chosen lacks expertise, expensive and unable to train staff properly. Then, the CRM execution will be wrong. Sometimes, it may be boil down to personalities. Some providers are attracted with solution. So, they dont spend proper focus on the business requirement of the organization. (Sherif 2009). All staff should belive in the CRM strategy. They should be educated in order to purchase the CRM execution and utilization. Time frame will be not bounded and training will be not appropriate. (Tosovic 2010). Insecure hardware is likely to challenge system and compel political risk while software solution mediate risk and function is outsourced to hosting distributor. Software solution will provide clear way to success in the competitive market. They should provide hardware security to survive in the market challenge system because it is necessary for the safety purpose. (Sherif 2009). The benefits of CRM execution is a clear understanding of the Plexipaves action business. (Sheth Parvatiyar 2011). An unsuccessful data conversion can enforce the new CRM strategy. Existing data desire to converted or migrated the new CRM strategy. Data quality depends on the architecture database. It can be reason for technical problems. (Kumar Reinartz 2012). Wrong with the McGraw-Hill/Siebel-hosted CRM application: Plexipaves bought this hosted CRM and five seats to test the program. The system went live without cover the development of it. The internal users were trained by presentation and computer based training. There were no proper training program that is wrong with McGraw-Hill/Siebel-hosted CRM application. (Fjermestad Robertson 2015). The another main wrong thing with Plexipaves is outside the US. But, McGraw Hil didnt extend its abroad services. So, the hosted CRM followed the suit and enter abroad postal codes. Plexipaves salesman travel field, there is no proper internet facility or technology to integrate the use of remote CRM strategy. They dont provide any guideline that how to operate the software and several lacked the knowledge to understand the strategic benefit that could be dedected from CRM programs. Plexipaves director was wavered due to numerous issues from the salesman that the program developed an unnecessary work. The Doge representative offered extra training and upd ates. The director was explored the executation and as result hosted CRM was a failure. (Liao 2010). Conclusion: On the basis of above analysis, concluded that clear the customer relationship management their relations with enterprise system, different process of CRM and wrong with Plexipaves CRM and improvement strategy as well as high caliber to adopt new technique in Plexipaves helps to achieve its competitive position in the market. It is matter of fact that execute CRM program faced with failure in several sectors. The clear idea about the CRM and its aspect such as scope, process, definition and technology is still limited. The knowledge of the main component of the CRM initiative is significant for success. Recommendation: These are the significant recommendation of the Plaxipaves CRM implementation strategy. Plaxipaves should produce innovative product as per customer choice that help to maintain customer relationship management. Plaxipaves should expand their business market in the worldwide to sale their profitability and sales. It would be beneficial for the Plexipaves growth and development. (Rababah, Mohd Ibrahim 2011). Plaxipaves should focus on marketing about their product features as compare to competitors organization. They should tell customers about extra quality of the product feature of the organization. So, people will prefer to buy them. Plaxipaves should deliver low price with high quality product as compared to competitor organization that would raise the sale of the organization. A high sales generate the revenue of the organization that is helpful in the competitive market to extend their business in the competitive market. (Motiwalla Thomson 2012). References Ahmad, N, Mohammad, 2012, Ontology-Based Applications for Enterprise Systems and Knowledge Management, IGI Global, Melbourne. Baran, RJ, Galka, RJ, 2013, CRM: The Foundation of Contemporary Marketing Strategy, Routledge, Sydney. Blumberg, DF, 2016, Managing High-Tech Services Using a CRM Strategy, CRC Press, Melbourne. Buttle, F, Maklan, S, 2015, Customer Relationship Management: Concepts and Technologies, Routledge, Sydney. Fjermestad, J, Robertson NC, 2015, Electronic Customer Relationship Management, Routledge, Sydney. Giachetti, RE, 2016, Design of Enterprise Systems: Theory, Architecture, and Methods, CRC Press, Sydney. Kim, HS, and Kim, YG, 2009, A CRM performance measurement framework: Its development process and application, Industrial marketing management, 38(4), pp.477-489. Knox, S, Payne, A, Ryals, L, Maklan, S, and Peppard, J, 2007, Customer relationship management, Routledge, Sydney. Kumar, V, Reinartz, W, 2012, Customer Relationship Management: Concept, Strategy, and Tools, Springer Science Business Media, New York. Lairson, MG, 2010, Oracle Crm On Demand Dashboards, Tata McGraw-Hill Inc, Sydney. Liao, H, 2010, April. SaaS business model for software enterprise, In Information Management and Engineering (ICIME), 2010 The 2nd IEEE International Conference on (pp. 604-607). Makkar, 2012, Customer Relationship Management, Tata McGraw-Hill Education, Sydney. Motiwalla, Thomson, 2012, Enterprise Systems for Management, Pearson Education Inc. New York. Rababah, K, Mohd, H, Ibrahim, H, 2011, Customer Relationship Management (CRM) Processesfrom Theory to Practice: The Pre-implementation Plan ofCRM System, International Journal of e-Education, e-Business, e-Management and e-Learning, 1(1), p.22. Sheth, JN, Parvatiyar, A, 2011, Customer relationship management: Emerging practice, process, and discipline, Journal of Economic and Social research, 3(2), pp.1-34. Tosovic, V, 2010, Strategic use of CRM, diplom.de, Sydney. Sherif, MH, 2009, Handbook of Enterprise Integration, CRC Press, Sydney. Umar, A, 2014, Third Generation Distributed Computing Environments, nge solutions, inc, Melbourne.

Korean war Analysis Essay Example For Students

Korean war Analysis Essay Korean war : On July 1, part of the U.S. Army 24th Infantry Divisionflew from Japan to Pusan, a city located at the southern tip of Korea. They werethe first American troops to reach Korea and other troops from other UN nationsbegan arriving in Korea shortly after the Americans.-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-Category:historyPaper Title:Korean warText:On July 1, part of the U.S. Army 24th Infantry Division flew from Japan toPusan, a city located at the southern tip of Korea. They were the first Americantroops to reach Korea and other troops from other UN nations began arriving inKorea shortly after the Americans. On July 8, with the approval of the UN Security Council, Truman named GeneralMacArthur commander in chief of the United Nations Command. The command hadauthority over all the Allies- South Koreans, Americans and the troops fromother UN countries. MacArthur directed allied operations from his headquartersin Tokyo, Japan. By August 2nd, the Communists had already captured the cities Seoul andTaejon and pushed the Allies back to the Pusan Perimeter. The Pusan Perimeterwas a battle line in the southeast corner of South Korea. The victory had almostgone to North Korea but through the help of reinforcements, the allies were ableto fight off the North Koreans in the advance. The North Koreans lost about58,000 soldiers and much equipment in this area alone. The decisive point that changed the course of the war was the Inchon landing. On Sept. 15, 1950, marines and soldiers of the U.S. X Corps sailed from Japan toInchon, on the northwest coast of South Korea. General MacArthur personallydirected the surprise attack. It required extreme careful planning because thetides at Inchon vary more than 30 feet. Each boat had to land at high tidebecause any boat near the shore when the tide dropped would be trapped in themud. The troops who landed at Inchon cut off the North Koreans in the PusanPerimeter area from those north of Inchon. They fought fiercely and managed todrive the North Koreans out. The troops then moved toward Seoul and took backSeoul on September 26. MacArthur demanded surrender by the North Koreans butthey stubbornly rejected it. Late in September, the Allies prepared to invade North Korea. South Koreantroops crossed into North Korea on October 1st and captured many coastal cities. When the North Koreans were driven all the way back to the borders of China,China warned against further advances toward its border. But General MacArthur,hoping to end the war before winter set in, ordered the Allies to press on. MacArthur and political leaders in Washington underestimated the size of theChinese armies. MacArthur believed the Allied forces outnumbered the Chinese andthat the Chinese would be used for defense only. He also thought that Allied airpower could prevent additional Chinese troops from entering North Korea. Alliedplanes roamed the length of Korea, and Allied warships sailed unchallenged alongthe coastlines, bombarding enemy ports. Everyone had confidence that the warwould be over by Christmas. But hopes for a quick end to the war soon disappeared. China sent a hugeforce against the Allies on November 26 and 27 and forced them to retreat. Allies began to retreat starting on December 4 and by Christmas Eve, 105,000U.S. and Korean troops, 91,000 refugees, and 17,500 vehicles had been evacuatedby sea from North Korea. By March 14, the war had changed. The two sides dug in along a battle linenorth of the 38th parallel and most of the battles were concentrated in theseareas. Truce talks began in July, but fighting continued for two more years. .ud4536dd3bc96d106f17315cab3b24b97 , .ud4536dd3bc96d106f17315cab3b24b97 .postImageUrl , .ud4536dd3bc96d106f17315cab3b24b97 .centered-text-area { min-height: 80px; position: relative; } .ud4536dd3bc96d106f17315cab3b24b97 , .ud4536dd3bc96d106f17315cab3b24b97:hover , .ud4536dd3bc96d106f17315cab3b24b97:visited , .ud4536dd3bc96d106f17315cab3b24b97:active { border:0!important; } .ud4536dd3bc96d106f17315cab3b24b97 .clearfix:after { content: ""; display: table; clear: both; } .ud4536dd3bc96d106f17315cab3b24b97 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .ud4536dd3bc96d106f17315cab3b24b97:active , .ud4536dd3bc96d106f17315cab3b24b97:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .ud4536dd3bc96d106f17315cab3b24b97 .centered-text-area { width: 100%; position: relative ; } .ud4536dd3bc96d106f17315cab3b24b97 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .ud4536dd3bc96d106f17315cab3b24b97 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .ud4536dd3bc96d106f17315cab3b24b97 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .ud4536dd3bc96d106f17315cab3b24b97:hover .ctaButton { background-color: #34495E!important; } .ud4536dd3bc96d106f17315cab3b24b97 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .ud4536dd3bc96d106f17315cab3b24b97 .ud4536dd3bc96d106f17315cab3b24b97-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .ud4536dd3bc96d106f17315cab3b24b97:after { content: ""; display: block; clear: both; } READ: Rawls View Of Ignorance EssayNeither side made important advances, but they fought many bitter battles forstrategic positions. One of the most controversial events of the war took place on April 11, 1951,when President Truman removed General MacArthur from command and replaced himwith Ridgway. The Presidents action resulted from a continuing disputebetween MacArthur and defense leaders in Washington as to how the Allies shouldconduct the war. MacArthur wanted total victory by bombing bases in Manchuria,China and use all-out-measures. Truman fearing such actions might lead toa third World war, dismissed MacArthur as UN commander. Many people were growing weary by this war and peace talks increased. Trucetalks began on July 10 at Kaesong and were moved to Panmunjom on October 25. Asettlement seemed near on November 27, when both sides agreed that the existingbattle line would be the final dividing line between North and South Korea if atruce were reached within 30 days. But unfortunately, a truce was not reachedwithin the time limit mainly due to the issue of voluntary repatriation ofprisoners. The UN Command had insisted that prisoners of both sides be allowedto choose whether or not they would return to their homelands. Many Chineseprisoners of the Allies violently protested against a forced return to lifeunder Communism. The North Korean captives also refused to return home. TheCommunists could not agree to the UN demand without admitting that Communism hadthus far failed to secure the loyalty of all its citizens. By late April 1952, the truce talks were firmly deadlocked over voluntaryrepatriation and fighting continued along the battle line. On October 8, the UNCommand adjourned the truce talk stating the talks would resume when theCommunists were ready to offer a helpful suggesting for settling the issue ofvoluntary repatriation. After Stalins death, Soviet leaders began talking of the need to settledisputes peacefully. On March 28, the Communists accepted an earlier offer bythe UN Command for an exchange of sick and wounded prisoners. The Communistsalso indicated that the truce talks should be resumed. The exchange took placein April and May. The UN Command received 684 sick and wounded prisoners,including 149 Americans. It returned 6,670 Communist prisoners. The truce talks were resumed on April 26, and the Communists acceptedvoluntary repatriation. They agreed to let prisoners indicate their choice tothe Neutral Nations Repatriation Commission, which consisted ofrepresentatives of Czechoslovakia, India, Poland, Sweden, and Switzerland. An armistice agreement was signed on July 27, 1953, and the fighting ended. Abuffer zone, called the Demilitarized Zone, divided the two sides. It was 2.5miles wide along the final battle line. South Korea gained about 1,500 squaremiles of territory. Both sides agreed not to increase their military strength. AMilitary Armistice Commission, with representatives from both sides, was set upto enforce the armistice terms. The armistice also provided for a politicalconference to work out a final settlement. After the armistice was signed, each side charged the other with torture andstarvation of prisoners, and other war crimes. The North Koreans and ChineseCommunists were also accused of brainwashing prisoners. The UN General Assemblyadopted a general resolution condemning such acts. The United States spent about $67 billion on the war. Almost all parts ofKorea were heavily damaged. About 1 million civilians were killed in SouthKorea, and property damage was estimated at more than $1 billion. Statistics forcivilian deaths and damage in North Korea are unknown because they were notgiven. The UN Command and the Communists completed an exchange of 88,539 prisonersin September 1953. The Neutral Nations Repatriation Commission took custodyof prisoners who refused to return to their homelands. The armistice providedthat delegates from the various countries could visit these prisoners and try topersuade them to go home. But 14,227 Chinese, 7,825 North Koreans, 325 SouthKoreans, 21 Americans, and 1 British prisoner refused to return. .u6af57d8fb1a726968281f95cc9d94959 , .u6af57d8fb1a726968281f95cc9d94959 .postImageUrl , .u6af57d8fb1a726968281f95cc9d94959 .centered-text-area { min-height: 80px; position: relative; } .u6af57d8fb1a726968281f95cc9d94959 , .u6af57d8fb1a726968281f95cc9d94959:hover , .u6af57d8fb1a726968281f95cc9d94959:visited , .u6af57d8fb1a726968281f95cc9d94959:active { border:0!important; } .u6af57d8fb1a726968281f95cc9d94959 .clearfix:after { content: ""; display: table; clear: both; } .u6af57d8fb1a726968281f95cc9d94959 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u6af57d8fb1a726968281f95cc9d94959:active , .u6af57d8fb1a726968281f95cc9d94959:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u6af57d8fb1a726968281f95cc9d94959 .centered-text-area { width: 100%; position: relative ; } .u6af57d8fb1a726968281f95cc9d94959 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u6af57d8fb1a726968281f95cc9d94959 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u6af57d8fb1a726968281f95cc9d94959 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u6af57d8fb1a726968281f95cc9d94959:hover .ctaButton { background-color: #34495E!important; } .u6af57d8fb1a726968281f95cc9d94959 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u6af57d8fb1a726968281f95cc9d94959 .u6af57d8fb1a726968281f95cc9d94959-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u6af57d8fb1a726968281f95cc9d94959:after { content: ""; display: block; clear: both; } READ: The Criminalization of Knowingly Transmitting AIDS EssayIn 1954, Soviet officials and representatives of countries that had fought inKorea met in Geneva, Switzerland. But the negotiators failed to draw up apermanent peace plan and they were unable to settle the question of unifyingKorea. A permanent peace treaty has never been signed.-Caridi, Ronald J. TheKorean War and American Politics: The Republican Party as a Case Study. University of Pennsylvania Press, 1968. -Cummings, Bruce. Origins of the Korean War. Prince University Press, 1981. -Truman, Harry S. Years of Trial and Hope. Doubleday, 1956. -http://www.thehistorynet.com-http://mcel.pacificu.edu-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-=-