CHAPTER 13 SHORT-RUN DECISION MAKING: RELEVaNT COSTING 1 DISCUSSION QUESTIONS 1. Tactical decisions are short run in nature; they involve choosing among alternatives with an immediate or limited end in view. Strategic decisions involve selecting strategies that yield a long-term competitive advantage. 2. Depreciation is an allocation of a sunk cost. This cost is a past cost and will never differ across alternatives. 3. The salary of the supervisor of an assembly line with excess capacity
Premium Management Marketing United States
Important Topics of this essay: 1. Why study the importance of your professional Image? 2. Beauty and wellness 3. Appearances count 4. Your physical presentation First impressions matter‚ because you are in the image business‚ how you look/present yourself has a bigger impact than usual on your success. Talk about Style? Look stylish. Advise clients about makeup? Wear it correctly and beautifully. Recommending hand care services? Your hands and nails need to be well groomed. If your appearance
Free Hygiene Health
[CU681] Improve own performance in a business environment. 1.1 Explain the purpose and benefits of continuously improving performance at work Everyone should strive to improve their performance. Organisations also strive to improve the performance of the whole of their workforce. As an individual‚ the purpose of continuously improving our performance at work is to make ourselves a more valuable employee who is more efficient and reliable. As a consequence of our improved performance‚ the organisation
Premium Management Organization Employment
1/ 1.4 Identify the regulations and requirements relevant to the assessment in own area of practice Leave a reply Learning Outcome 1 – Understand the principles and practices of assessment 1.4 Identify the regulations and requirements relevant to the assessment in own area of practice Our policies for management of assessment evidence eg portfolios‚ assessment records‚ observation records‚ physical evidence‚ learner and witness statements; management of assessment records‚ are all in accordance
Premium Law Assessment Evaluation
Sydney’s Harbour Café Part 1. Review programs‚ systems and processes Sydney’s Harbour Café is a medium-sized Café business operating in NSW‚ Australia. There are about 5 branches distributed in Sydney city‚ each one is a medium-size café in a good location. Although it is only a small business‚ however its administration is highly organised. Task 1 1- Write a list of the key systems and processes used within the organisation‚ or within one business unit of the organisation. Sydney’s
Premium SWOT analysis
Sarah Page Unit 202 – Improve own performance in a business environment Improve own performance (1.1–1.5) The purpose and benefits of continuously improving my own performance at work is to exceed my actual performance‚ exceed my limitations‚ achieve personal goals‚ increase income‚ benefit from progressing my career and increase self-motivation and job satisfaction. The benefits of encouraging and accepting feedback is to help me improve my work; learn from my mistakes and to help me
Premium English-language films Knowledge Learning
1. Understand the principles & requirements of assessment 1.1 explain the functions of assessment in learning and development Determining level of knowledge & understanding • Ensuring that learning is taking place • Checking progress • Adhering to course criteria 1.2 define the key concepts and principles of assessment 1. Explain the functions of assessment in learning and development. Assessment is carried out to evaluate that learning has taken place. It measures the learner’s
Premium Knowledge Understanding Assessment
Unit 301 Manage own performance in a business environment Outcome 1: Understand how to plan and prioritise work and be accountable to others 1.1 The purpose and benefit of planning work is that it gives you a rough estimate of how long the work will take‚ what equipment or resources will be needed to complete the work and what budget will be needed it also makes it easier for you to plan your day to day work. If you are then asked what work you have been doing you can show them therefore being
Premium Completeness The Work Task
This clearly teaches Christians that God created everything in the world and bought it all into existence. The main creation story at the very beginning of the bible is Genesis 1 – 3. This passage clearly goes over what God created and then goes into the creation of humans and explains there special responsibilities. Genesis 1 grasps the concept of creatio ex nihlo by saying ‘now the earth was formless and empty’ showing that God is omnipotent and has the power to create from nothing. It also uses
Premium Universe Earth God
KA YEUNG LAU GROUP 1 Introduction Marks and Spencer（also know as M&S）is the UK’s largest transnational retail group. It is also one of the British representative enterprise‚ it has highest profitability in UK. Marks and Spencer also ranks first in the number of export goods retailers in UK. Their products include: food‚ clothes‚ furniture‚ electrical and appliances. Marks and Spencer opened 600 stores in the British‚ and across the UK each city and area‚ the 40 countries in the world were opened
Premium Marketing