Labor Cost Cutting Strategy In a sluggish economy‚ it is more important than ever for businesses to cut costs. Knowing how to reduce the cost of paying employees without reducing product quality‚ dropping employee morale or otherwise sacrificing the way you do business can be the difference between being in the red or the black at the end of the year. Stop the Overtime * Don’t pay overtime unless it is absolutely necessary. Remember that you must pay non-exempt employees 1 1/2 times their
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Opportunity cost Have you ever been in the situation deciding which cloth to buy? Have you ever facing the dilemma of to study or to play? Have you ever consider as a seller and choose to lower the price or raise it? In the field of economics‚ here’s a solution for you. The magic word is “opportunity cost”. Opportunity cost in terms of economy is the highest-value alternative one has to give up to engage in an activity. In other words‚ using the same resources such as money and time‚ the best
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Is Protectionism ever justified? Explain with examples. Ria Rajendra C11IB (International business management) Dr. UmmeSalma Mujtaba October 29‚ 2013 Contents a. Introduction b. Arguments for protectionism i. Infant industries ii. Free Trade iii. Anti- dumping iv. Environmental factors v. Employment opportunities and the concept of balance of payments disequilibrium vi. Cultural influences c. Protectionism vs. Free Trade d. An analysis based on % news articles from‚ The Economist i. Appendix
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products. Chuck questioned if the current cost-management system was providing the management with accurate data about product costs. In a traditional‚ volume-based product-costing system‚ only a single predetermine overhead rate is used. All manufacturing-overhead costs are combined into one cost pool‚ a grouping of individual indirect cost items‚ and they are applied to products on the basis of a single variable that costs over a given time span (cost driver) that is closely related to production
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We will all have experienced double standards once in our lives. We girls are constantly looked down upon for doing certain acts while most of the time boys are praised for the same things. Double standards may only continue to pervade our lives socially. Simply put‚ a double standard is a rule or principle applied more strictly to one gender than another. A simple action or attitude could have completely different implications depending on ones gender. What happens when a man or a woman steps outside
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Madrid Milan Munich Paris Montreal Toronto Delhi Mexico City S~ Paulo Sydney Hong Kong Seoul Singapore Taipei Tokyo ao AVP/Executive Editor: Stephanie Wall Editorial Director: Sally Yagan Editor in Chief: Donna Battista Director of Editorial Services: Ashley Santora Editorial Project Manager: Christina Rumbaugh Editorial Assistant: Brian Reilly Director of Marketing: Patrice Jones Marketing Assistant: Ian Gold Senior Managing Editor‚ Production: Cynthia Zonneveld Production Editor: Carol
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and revision of schedule of service connection charges In compliance with HERC regulation (Regulation No. HERC/12/2005 dated 26.07.2005) “Duty to Supply Electricity on request‚ power to recover expenditure incurred in providing supply and power to require security”‚ the Nigam shall on receipt of application from owner or occupier of any premises‚ give supply of electricity to such premises. The present schedule of development charges shall be dispensed away with and service connection charges (SCC)
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Chapter I: The Problem and its Settings “You do anything long enough to escape the habit of living until the escape becomes the habit.” ~ David Ryan Introduction Internet and online game addiction‚ sometimes referred to as cyberspace addiction or online addiction‚ can manifest itself in many ways in today’s teens. If your daughter/son/sister/brother just spent an entire beautiful weekend updating his/her page on Facebook‚ playing online games on Y8‚ playing Vice City‚ battling
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Is Terrorism Ever Justified? “Terrorism has no justification‚ no matter what pretext terrorist use for their deeds.” Says Mohamed El Aziz Ben Achour‚ a Tunisian Culture and Preservation of Heritage Minister. (UN News Centre.) Many people view terrorism the same way as Ben Achour‚ especially in America. But there are also many of those‚ such as Alan Dershowitz‚ who counter with questions like‚ “Is ‘terrorist’ just a negative version of ‘freedom righter’?” and “How are civilian deaths in terrorism
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By: Trevor Agenda Setting in the Internet The 2000 Presidential Elections are upon us and who do we turn to for information regarding the candidates? What issues will be the hot topics for the election race? For that matter‚ what will be the hot topics in the media for next week? Just as this paper must be structured‚ organized‚ and center around a main idea‚ so must all information presented to an audience. Information can only be easily processed if it contains some kind of structure. This
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