Individual Exercise: January Semester 2014 RGF 0014: Fundamental of Business and Management BGF 0053: Introduction to Management MGT 0004: Business and Management Date: 28 February 2014 Submission: 6 March 2014 Answer ALL questions. The completed assignment should be TEN (10) pages long‚ using one inch (normal) margins‚ 12 pt. fonts‚ Times New Roman and single spacing. This study is worth a total of 10%. Topic 1: Chapter 1 – Understanding the Role of Business Environment Individual Exercise
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School of Business BTEC HND in Management/Marketing/Information Technology Management Accounting Mary Jay Angela Tinimbang Mrs. Rosalinda A. Caoili February 15‚ 2013 1st Year Business Management Section A Academic Year 2013-2014 Contents Case 1 3 Classify the different types of costs (1.1) 4 Case 2 6 Use different costing methods (1.2) 7 Case 3 8 Calculate costs using appropriate techniques (1.3) 9 Case 4 12 Analyse cost data using appropriate techniques. (1.4) 13
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faces a quota Consumers Producers of exports The government p.167 Test yourself 12.2 How do trade barriers imposed on the exports of the mainland of China also adversely affect Hong Kong? pp.173-176 Exercises Multiple Choice Questions 1. Free trade A. benefits all domestic consumers and producers. B. benefits domestic consumers of imports but harms domestic producers of import-competing industries. C. benefits domestic consumers of exports but harms
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Question no: 01:- Accounting profit and Economic profit. Economic Profit Implicit cost Accounting profit Explicit cost Total opportunity cost Revenue Revenue How an economist views a firm How an accountant views a firm Accounting profit equals sales revenue minus ( - ) all costs except the cost of equity capital‚ while Economic profit is sales revenue minus ( - ) all costs including the opportunity cost of equity capital. Thus economic profit may be lower than the accounting profit. If accounting
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Use the following to answer question 1: Marger‚ Inc.‚ provided the following data for two recent months: [pic] |1. |Which of the following classifications best describes the behavior of Cost T? | |A) |Variable | |B) |Fixed
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201 - Marketing Management. 1. Marketing Concepts – Marketing Concept‚ Marketing Process‚ Marketing Mix‚ Customer value‚ Customer Satisfaction and delight‚ Functions of Marketing 2. Marketing Planning- Analysis of Marketing opportunity‚ Product Market Selection‚ Process of Marketing Planning and Contents of Marketing Plan 3. Sales Forecasting Concept and methods‚ Introduction to Marketing Research-Process- Scope‚ Obstacles in acceptance. 4. Consumer Behaviour- Factors influencing consumer
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Statements on Management Accounting PRACTICE OF MANAGEMENT ACCOUNTING TITLE Definition and Measurement of Direct Material Cost TABLE OF CONTENTS Definitions . . . . . . . . . . . . . . . . . . . . . . . . . Materiality . . . . . . . . . . . . . . . . . . . . . . . . . Material Quantities . . . . . . . . . . . . . . . . . . . Material Lost in the Production Process . . . . Samples‚ Prototypes‚ and Initial Production Runs . . . . . . . . . . . . . . . . . . 1 2 2 2 3 Unit Price of Direct Material
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Contents Summary of Case 1 Question: 2 Answer: 3 Summary of Case Pittman Company is a small but growing manufacturer of telecommunications equipment. The company has no sales force of its own; rather‚ it relies completely on independent sales agents to market its products. These agents are paid a commission of 15% of selling price for all item sold. The company’s budgeted income statement for next year follows: Pittman Company Budgeted Income Statement For the Year Ended December
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ACCT 1003 – INTRO TO COST & MANAGEMENT ACCOUNTING LECTURE NO. 5 CVP ANALYSIS LESSON OBJECTIVES 1. Understand & explain what CVP business decisions it can aid 2. Appreciate the assumptions of CVP analysis 3. Calculate & Explain the significance of: • Contribution Margin • Break Even Point • Margin of Safety 4. Prepare and explain a CVP graph 5. Use CVP analysis to: • Plan Profits • Determine volume – given profit target • Perform Sensitivity Analysis 6. Incorporate Income Tax Rates in CVP analysis
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PART I INSTRUCTOR’S RESOURCES Items Included in Part I 1. Philosophy Behind the Strategic Management Course 2. Importance of Strategic Management Cases Cases Included in the Thirteenth Edition of the Textbook 3. McDonald’s Cohesion Case 4. Assurance of Learning Exercises The Assurance of Learning Exercises Included in the Thirteenth Edition 5. Description of the Supplements for the Thirteenth Edition Instructor’s Manual Case Instructor’s Manual PowerPoint Presentations Test
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