their purpose‚ which is to influence the consumer into buying their product. Cell phones ads are very convincing in that they can get any of its viewers to buy their product and get them involved within their plan. This step is done by using one of the aspects and that is ethos. In order for these companies to get the consumer to buy this product‚ they have to be credible. Credibility is the most important aspect of these types of businesses because that is how their products are sold. Most
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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
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money cannot buy. This proverb is closely related with the proverb “money cannot buy happiness”. When we are born on this Earth‚ the almighty blesses us with a full – fledged family. This family consisting of our parents‚ grandparents‚ uncles‚ aunts and siblings is a blessing showered by the almighty on each and every individual. However rich an individual might grow‚ he cannot buy these relations. This is a universal fact known to one and all. Another important fact is that one cannot buy happiness
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1. Product costs used for pricing and product-mix decisions generally include: Answer | | manufacturing costs only | | | design costs plus manufacturing costs | | | all costs incurred along the value chain | | | distribution costs only | 0.1 points Question 4 Within the relevant range‚ if there is a change in the level of the cost driver‚ then: Answer | | fixed and variable costs per unit will change | | | fixed and variable costs per unit will remain the
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Answers… One Phoenix helping another… 1. Purely competitive firms increase total revenue by Hint : Total revenue equals price times quantity sold. A purely competitive firm has control over one of these two variables. A. increasing production B. decreasing production C. increasing price D. decreasing price To increase revenue‚ firms look to increase price or quantity‚ as price multiplied by quantity equals total revenue. Purely competitive firms can sell as much as they want at the market
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“A house divided against itself cannot stand” The phrase‚ “A house divided against itself cannot stand” became famous as a quotation from Lincoln’s “A house divided” speech delivered at 17 June 1858‚ in what was then the Illinois State Capitol in Springfield‚ upon accepting the Illinois Republican Party’s nomination as that state’s senator of the United States .The speech became the launching point for his unsuccessful campaign. Abraham Lincoln was not the first one who used the “A house
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accounting information is used for short term decisions --Make or buy decision analysis Introduction A main meaning of management accounting information is considered to support decision making for business organisations‚ for a foremost principle of rational decisions is the maximisation of financial benefits (Drury‚ 2009). This report will discuss the management accounting information and techniques used in short-term decision-making. Make or buy decision will be put forward in this report as one
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What Makes Me Want to Buy Something . People often buy a lot of things daily . They sometimes don’t know why they want to buy something ‚ but they say it depends on their needs . However ‚ some people buy products for no reason . There are many factors that can affect people’s mind and make them want to buy a certain product . The most important is advertising which plays a vital role in convincing people to buy something . I myself buy products which can grab my attention through
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“Health is a blessing that money cannot buy” Izaak Walton I absolutely agree with this quotation. Today we live in the world where the primary goal of existence for most people is to earn as much money as possible. However‚ there are some values which are more important. And one of them is our health. First of all‚ health provides us with opportunities. Being of sound mind and body means that you can get a higher promotion‚ you may choose active kinds of sport‚ you may travel or do whatever you
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Instructor: Cynthia Ker COST SAVINGS FOR HOSPITALS Overview Currently‚ most of the hospitals in the United States are facing crisis in their operations because of the high costs used in the maintenance of the hospitals. Therefore‚ it is without doubt that‚ there is need to change how the funds of the hospitals are maintained by encouraging the participation of the hospitals’ administrators as well as the employees to lead to reduced costs. The measures to reduce costs in the hospitals should be
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