The customers also want a wider range of products so that there are plenty of products to choose from. Suppliers – The suppliers want a fair price for the product. For example if a pair of socks costs 10p to make then the supplier will want something like 30p for it. However the Company buying off them want to pay 20p for it. The two companies will meet in the middle and agree on a fair price of something like 25p. Local people – Local people want
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make long-term investments in new product lines‚ new equipment and other assets‚ managers must know the cost of obtaining funds to acquire these assets. The cost associated with different sources of funds is called the cost of capital. . If the business earns more than its cost of capital‚ the market value of the business will increase. Likewise‚ if returns on long-term investments are below the cost of capital‚ market values will decline. Therefore‚ how we manage capital is extremely important to fulfilling
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Roles of supervisor The direct supervisor is the individual who oversees the service activities and provides frontline staff with constant direction‚ assistance‚ and feedback. Support from supervisors may build nurse commitment. As organizational representatives‚ supervisors who strive to create favorable job conditions are likely to experience a reciprocal concern for the organizational wellbeing from nurses. In this way‚ the supervisors’ discretionary effort may be rewarded with engaged
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Cost Allocation University of Phoenix Accounting in Healthcare ACC561 December 12‚ 2010 Cost Allocation Transfer Pricing [pic] [pic] Transfer pricing is a value attached to the output of a department to measure the value of the trade with other departments within the organization. Transfer prices will not affect the organization’s profit results. This contributes directly to the process of departmental performance measurement and indirectly to the measurement of a product
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Position Statement The DBK headquarter sat down and review the sales numbers. A big driver of the years of success was the growth in the number of sales representatives. But Creevey the CEO of DBK was faced with the situation that representatives would not climb the sales ladder up. The rate at which new representatives were transitioning to leader and starting to build their own sales team is slowdown. But the willingness to build up a team is central for the business model of DBK. The reason therefore
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Basics of Direct Taxes(Income Tax Act) and Indirect Taxes(VAT‚ CST‚ Excise duty‚ Service Tax etc.‚) The Persons who are taxed are called “Assessees”. Assessees or “Person” under the Income Tax Act‚ 1961(as amended Yearly under the respective Finance Acts) are as follows:- 1) Individual 2) Hindu Undivided Family(HUF) 3) Firm or Association of Persons(AOP) 4) Joint Stock Company 5) Every other person Whether an Assessee is liable to be taxed and if so‚ on what income etc.‚ depends on the
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C.) Variable Factors in Fitness Center There are five areas of interest that would be play an essential role in the variable factors for a fitness center. The first interest would include utilities. Lighting and water plays a crucial role in maintaining the livelihood for a fitness center. The fitness center uses water to provide hot or cold showers to their members after workout‚ water fountains are available on almost every hall‚ and not to mention swimming pools and hot tubs that uses large
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Direct and Indirect competition The water industry as many other industries has direct and indirect competitors; the direct competitors are companies that are producing the same line of products and indirect competitors are the ones that are selling something that your customers or potential buyers may use as an alternate or substitute of your products. An example of direct competitor is Seychelle Water Filtration company‚ they are a fast growing water company. They have complete portable water
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Cost Classifications Consult Ch. 6 & 7 of Health Care Finance and other sources to complete the form. This worksheet requires you to match the definitions and examples of types of cost‚ and the types of centers where costs occur. Part 1: For each term in Column A‚ select the correct definition from Column B on the right. Write the corresponding letter of the definition next to the term. Column A f 1. Indirect costs a 2. Direct costs d 3. Fixed costs i e h b c g 4. Variable
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Direct communication strategy- involves stating important points quickly‚ usually in the beggining of a message. Indirect communication strategy- delays important points until after they have been explained. Direct Approach When you use the direct approach‚ the main idea (such as a recommendation‚ conclusion‚ or request) comes in the "top" of the document‚ followed by the evidence. This approach is used when your audience will be neutral or positive about your message. In the formal report‚ the
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