given up in order to get some thing. In business cost is usually a monitory valuation of * Effort * Material * Resources * Time * Utilities consumed * Risk incurred * Opportunity foregone in a product. * Delivery of goods or services. * All expenses and cost Classification of cost Purpose of classification | classification | Preparing External Financial statements | Product classification (Inventoriable)‚manufacturing cost: * Direct material. * Direct
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I. My weight is only 38‚ while my age is 18‚ when I was confirmed by the doctor that I was under-weight. It is 3 years ago when I was vulnerable to infection as the symptoms of underweight. II. So‚ I search for something that can help me to gain weight. At last‚ I was being introduced to Herbalife by my friend. III. I make some research on Herbalife to know it better before I use it in order to achieve the targeted weight without putting myself at risk. IV. Today‚ I would like to inform
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have a strong personality‚ higher emotional intelligence and strong communication skills in order to be easier to manage the relationships between team members and to provide more independence. Despite the virtual character of the team‚ I think that a good method to maintain the quality of the process and effectiveness of the team is to provide face-to-face meetings every month. This fact has a strong importance not only on the maintenance of the team trust and cohesion but also to the reinforcing of
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1 Is managerial economics positive or normative? Analyse the relationship between managerial economics and decision making. Q.2 What are the various factors which may influence the demand for Intermediate goods‚ public goods‚ club goods and complimentary goods? Q.3 Why is demand analysis significant for management? Identify various concepts of demand relevant for various functional areas of management. Q.4Distinguish between short run production function and long run production
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The results above suggest that the clerical test and either the work sample test (T) or (C) should be used in the selection process for CSRs. The work sample tests produce similar results; this suggests that they are redundant. The clerical test is a good predictor of a different criteria (i.e.‚ error rate and speed). Thus‚ using both the clerical test and one of the work sample test appears to be the best combination of predictors. 3. What limitations in the above study should be
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If it’s true that the eyes are windows into the soul‚ then the face is a map to a person’s mindset. At this point in time‚ facial coding is no more of a science than palm reading‚ but it has the potential of developing into a new area of expertise that could end up being used on a scale just as large as the polygraph. Facial coding‚ or the practice of interpreting the minute details‚ shifts and movements of the hundreds of muscles on a person’s face‚ is essentially designed as a system of reading
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Chapter I. What is Organizational Behaviour Organizational behaviour (OB) is a field of study that investigates the impact that individuals‚ groups‚ and structure have on behaviour within organizations‚ for the purpose of applying such knowledge toward improving an organization’s effectiveness. It studies three determinants of behavior in organizations: individuals‚ groups‚ and structure. In addition‚ OB applies the knowledge gained about individuals‚ groups‚ and the effect of structure on behavior
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Why People Obey Authority The movie A Few Good Men was written by Aaron Sorkin. The movie is about a trial concerning two young soldiers‚ P.F.C. Downey and Lance Cpl. Dawson. These soldiers gave a “code red” to P.F.C. Santiago for breaking the chain of command when asking for a transfer. Lt. Kaffee‚ their lawyer‚ tries to prove to the court that they were ordered to give the code red by Col. Jessep. The article “The Perils of Obedience” written by Stanley Milgram. It is about an experiment where
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INTRODUCTION Organizational behaviour is concerned with the study of the behaviour of people within an organizational setting. It involves the understanding‚ prediction and control of human behaviour and the factors which influence the performance of people as members of an organization. Organizational behaviour dose not encompass the whole of management; it is more accurately described in narrower interpretation of providing a behavioural approach to management. All organizations face the basic
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Chapter 1 Defining Organizational Behaviour * OB is a field of study that looks at the impact that individuals‚ groups‚ and structure have on behaviour within organizations * Managers apply the knowledge gained from OB research to help them manage their organizations more effectively * An organization is a consciously coordinated social unit‚ composed of a group of people‚ that functions on a relatively continuous basis to achieve a common goal * Wages and benefits are
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