explain the importance of cost‚ revenue and profit for a business organisation 1. Cost Profit is the different between the selling price and the production cost. Product cost include not only the cost of manufacturing a product but also all the other costs incurred in the process of producing or delivering a product or service. 2. Revenue The revenue of a business is‚ the income from its operations. It is important for the business to make the gap between costs and revenue as wide as possible
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Global Business and Economics Research Journal ISSN: 2302-4593 Vol. 2 (5): 102 - 115 The impact of petroleum on economic growth in Nigeria Michael Baghebo Niger Delta University‚ Bayelsa State‚ Nigeria baghebomichael@yahoo.com Timothy Okule Atima Niger Delta University‚ Bayelsa State‚ Nigeria Abstract The study examines the impact of petroleum on economic growth of the Nigerian economy. Data covering the period 1980-2011 was collected from the Central Bank of Nigeria Statistical Bulletin
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Schools as organisations * There are several types of providers of the EYFS‚ such as reception and nursery classes within schools‚ registered childminders‚ day nurseries‚ playgroups and after school and breakfast clubs. * There are four main types of mainstream state schools which are all funded be local authorities. These are known as maintained schools. They have to follow National Curriculum and include * Community schools these are run and owned by the local authority they
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to achieve ….. Power is the opportunity to build‚ to create‚ to nudge history in a different direction” Discuss the above quotation and its relevance to acquisition and use of the traditional and managerial power bases within organisations POWER IN ORGANISATIONS Richard Nixon wrote‚ “The great leader needs the capacity to achieve.......Power is the opportunity to build‚ to create‚ to nudge history in a different direction”. In order to appreciate the above quotation‚ one must understand
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Undergraduate Level‚ CPC-COMP Exam Topic: Accounting Subtopic: Accounting 3261 When a business erroneously records expenses as assets‚ it has violated the measurement issue of A. communication. B. classification. C. valuation. D. recognition. E. Correct Response: B 3302 A dividend will reduce which of the following accounts? A. Dividends B. Retained Earnings C. Common Stock D. Accounts Payable E. Correct Response: B 3342 Unearned revenues are recorded by companies that A. receive money in
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project: Software-as-a-Service (SaaS): Understanding its adoption level amongst business enterprises in Nigeria Submitted on 15th of May‚ 2012 In partial fulfilment of the Postgraduate Study in MSc. Business Information Systems Abstract The attention that Software-as-a-Service (SaaS) has garnered in recent years has focused on the new business model that on-demand software enables. IT stakeholders for business enterprises are sometimes misinformed about benefits accruable from adopting
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have always wanted to work for the company‚ the manufacturing team is the team I’d be proud to work along with. As a experienced ME‚ MSC‚ MBA It is place where my skills can be utilized and developed. Ford Company is focused on creating a strong business that builds great products that contribute to better world in means of more employment. The team work together as a lean‚ global enterprise for automotive leadership measured In terms of customer‚ employee‚ dealer‚ investors‚ suppliers‚ counsel
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What is a Matrix Organisation? Different organisation are structured and designed differently. This is to notify the tasks and duties of the employees and the way that organisation works. An organization is a systematic arrangement of people brought together to accomplish some specific purpose. In other words‚ it is a collection of people working together in a division of labour to achieve a common purpose. There are various ways a company can be divided into. For example‚ a large coffee chain
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HotOrNot J eanine BENJAMIN ‚ C ristina BURDEINAIA ‚ C hiaHsuan CHIANG ‚ L yndsey NOEL 1. Summary and brief analysis HotOrNot can be defined as a phenomenon and trend of our modern society of meeting and mating through a website‚ app‚ and being behind a screen. The meetingrequests contains members’ decisions about whether or not they wish to meet other members (randomly generated from HOT or NOT.com’s membership database) after viewing pictures and brief profiles of those other members
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The belief system of the people influences the way they think‚ feel and see things in relations to people of other religions. Unfortunately‚ Nigeria is a country that is continuously weighed-down by religious burdens. Sustainable religious-peace across Nigeria have been aborted times without number due to the recurrent cases of religious conflicts. As this religious conflict lingers and rears its ugly head in different parts of the country‚ it continues to direct and influence the perception of the
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