* Better utilization of available resources and capability by freeing up internal resources that could be put in to effective use for other purposes * Outsourcing also enables companies to realize the benefits of re-engineering. 2. Bridgeton has already outsourced muffler-exhaust systems and oil pans. c. How much overhead cost would have been saved by outsourcing of muffler-exhaust systems and oil pans if i. Overhead costs were entirely fixed costs (regardless of the
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Bridgeton Industries: Automotive Component and Fabrication Plant 3. Calculate the expected gross margins as a percentage of selling price on each product based on the 1998 and 1990 model year budgets assuming selling price and material and labor cost do not change from standard. *See Exhibit 1 for calculations To calculate the expected gross margins as a percentage of selling price‚ first we will need to calculate the total overhead (burden) for years 1988 and 1990. For year 1988‚ the total
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increase to 6% in 2006 and 2007 (ADB‚ 2005). Bangladesh’s total GDP stood at $275 billion in 2004‚ and per capita GDP was $2‚000 (adjusted for purchasing power). The ready made garments industry started in our country as a non-tradition sector with a narrow export rise in the late 1970s. The garments industry enjoyed a tremendous rise of 30 enterprises in 1980 increase to about 4825 on 2007-08 fiscal year. Out of 3.1 million manpower employed in factories‚ 2.38 million are women (85%)‚ majorities
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PAPER TITLE: INDUSTRY EVOLUTION PAPER SUBTITLE: FRAGMENTED INDUSTRY AND CONSOLIDATED INDUSTRY 1.0 ABSTRACT The purpose of this study is to know the industries grow through a series of stages from growth through maturity to decline. The industry life cycle is useful for explaining and expecting trends among the six forces that drive industry competition. There are two types of industry which are fragmented industry and consolidated industry. Fragmented industry occurs when the people
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seen the largest increase in demand for such a technology over the past year (Manufacturing Automation‚ 2014).The impact that robotics and automation has on the industry is for one it enables an organization to lower their overall costs. It helps lower costs in the sense that automation is allowing those within the manufacturing industry to effectively stop seeking cheaper labour alternatives. Many organizations are starting to realize the value that robotics automation can provide‚ North America
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advantages- • Industrialisation has the potential to help achieve a variety of social objectives such as employment‚ poverty eradication‚ gender equality‚ labour standards‚ and greater access to education and healthcare. If carried out in a sustainable manner‚ taking into account the often fragile nature of the surrounding environment‚ societal patterns and economic conditions‚ this can achieve lasting improvements in living standards‚ incomes‚ working conditions‚ education and healthcare
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SMALL -SCALE INDUSTRY Small –scale industries plays a key role in the industrialisation of a developing country .This is because they provide immediate large-scale employment and have a comparatively higher labour –capital ratio: they need a short gestation period and relatively smaller market to be economic; they need lower investments ‚offer a method of ensuring a more equitable distribution of national income and facilitate an effective mobilization of resources of capital and skill
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Chapter 6 Industry Analysis True/False Questions T F 1. The first step in the top-down approach to stock valuation is analyzing the position of the industry in its life cycle. Answer: False T F T F T F T F T F 6. Industry life cycles measure the growth path of an industry through five stages. Answer: True T F 7. Industry life cycles predict an industry’s sensitivity to the economy. Answer: False T F 2. The method of starting the stock valuation
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Bangladesh Small and Cottage Industries Corporation (BSCIC) provides a package of services to private sector entrepreneurs in Bangladesh in the small and cottage industries sector. It was created through an Act of Parliament in 1957 which was later amended in 1992. BSCIC has developed a total of 74 industrial estates throughout the country to foster the growth of SCIs in a balanced manner and also construction works for good number of estates including special type like Tannery‚ API (Active Pharmaceutical
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• Industries in the case can be organized into five groups consisting of A. Financial industry High receivables (loans) and payables (deposits‚ other loans)‚ little inventory Commercial banking (2) 2 has the highest receivables and payables (both note payable and account payable). It has no raw materials‚ work in progress and finished goods‚ which are characteristics for a bank. B. Retail industry Lots of inventory‚ low gross profit percentage Retail grocery stores(1) 1 has the lowest
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