Cost reduction Generally defined as the act of cutting costs to improve profitability. Cost reduction‚ should therefore‚ not be confused with cost saving and cost control. Cost saving could be a temporary affair and may be at the cost of quality. Cost reduction implies the retention of essential characteristics and quality of the product and thus it must be confined to permanent and genuine savings in the costs of manufacture‚ administration‚ distribution and selling‚ brought about by elimination
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about the guiding principles of UIMS based on ISO 9001:2008 standard requirements in “Teaching and Learning” including library and computer lab services. The objectives of Quality Manual are i. To explain the organization’s policy in handling the services of “Teaching and Learning” ii. To outline the procedures and fulfill the objectives of quality system for “Teaching and Learning” including library and computer lab services in line with the implementation of ISO 9001:2008 4.2.3
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contact her next of kin. Due to the severity of her wounds‚ the physician chose to begin medical procedures. 1. Define “standard of care.” How would appropriate “standard of care” be determined in this case? Standard of care is a diagnostic and treatment process that a clinician should follow for a certain type of patient‚ illness‚ or clinical circumstances. The appropriate standard of care to this patient would be to treat Sandra as in any other patient would be treated for a head injury. Medical
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of Shopping Online Outweigh the Disadvantages? With the development of technology‚ internet had been affecting people’s life in many sides. Today I will discuss one of the most controversial problems about internet---whether people should shop online or shop at a real store. When asked about this question‚ many people hold the ideal that shopping online has much more benefit than shopping at a real store. As far as their concerned‚ shopping at a real store will cost them much time and
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What expansion of network services and benefits might the library achieve? I think the library can achieve a greater freedom in offering the Wi-Fi for its patrons. By going with a wireless setup ads opposed to a hard line makes sense from a practical point. Why is it cheaper and better for a wireless? For one thing many people have their laptops or IPhones with them and can very easy connect to the Wi-Fi___33 being offered. If you hardwire a system you tend to have a backup of people waiting
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adequate service The level of service quality a customer is willing to accept. aftermarketing Marketing technique that emphasizes marketing after the initial sale has been made. after-sales surveys A type of satisfaction survey that addresses customer satisfaction while the service encounter is still fresh in the customer’s mind. ambient conditions The distinctive atmosphere of the service setting that includes
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Fee Setting Assignment Candace Fralix February 18‚ 2011 HSM/260 Proposed Seminar Budget 1. Conference room rental $175.00 $ 175.00 2. Audiovisual equipment Rental 75.00 3. 4 presenters @ $500 2‚000.00 4. 45 workbooks @ $15 675.00 5. 45 lunches @ $12 540.00 6. 45 coffees @ $3.50 158.00 Subtotal $3‚623.00 7. Indirect costs @ 25% of $3‚675.00 $ 906.00 Subtotal $4‚529.00 8. Profit margin @ 5% of $4‚594.00 $ 227.00 Total $4‚756.00 Fixed Cost Conference
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IsIs War Ever Justified War‚ although being described by those who have survived it as hell‚ is in my opinion a necessary part of life in some sense in order to expand in many ways like socially‚ economically‚ and politically. In terms of social changes brought on by war‚ war often teaches us lessons about how to better our behaviour and attitudes in terms of our association both domestically and foreign. In World War 2 (1939 - 1945)‚ America and Germany’s interaction and hostilities soon
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decide which issue is important and which is not important is called agenda setting. It is the function of Mass Media and was firstly introduced by Maxwell McCombs and Donald Shaw in 1972. Definition of Agenda Setting Agenda setting is the theory that says media authorities decide which issues are important and can become topics of discussion in the public. And‚ they are perceived by society as important and urgent. Agenda Setting in Pakistan Since the independence of Pakistan‚ Our Media has not been
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accounting profits and economic profits for Gomez’s pottery. Explicit costs: $37‚000 (= $12‚000 for the helper + $5‚000 of rent + $20‚000 of materials). Implicit costs: $22‚000 (= $4‚000 of forgone interest + $15‚000 of forgone salary + $3‚000 of entreprenuership). Accounting profit = $35‚000 (= $72‚000 of revenue - $37‚000 of explicit costs); Economic profit = $13‚000 (= $72‚000 - $37‚000 of explicit costs - $22‚000 of implicit costs). 8-4 (Key Question) Complete the following table by calculating
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