Manuel V. Gallego Foundation Colleges‚ Inc. Cabanatuan City‚ Philippines Analysis of Cost‚ Profit and Total Revenue Prepared by: Cajucom‚ Mary Jane Constantino‚ Georgia Escuadro‚ Abigail Ferry‚ Yasmin Joy Orobia‚ Maribel Lopez‚ Rannel Tumale‚ Mary Joyce Submitted to: Mrs. Gina Braga Accounting versus Economic Costs Economic costs Are forward looking costs‚ meaning‚ economist are in tune with future costs because these costs have major repercussions on the potential
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The PMBOK Guide 4th ed. defines a project as: proj·ect [n. proj-ekt‚ -ikt; v. pruh-jekt]- a temporary endeavor undertaken to create a unique product‚ service‚ or result. The construction of the Hoover Dam is an example of a project. It is considered a project because it was a temporary endeavor and it had to go through the five stages of a project. There was an initiation phase. This phase defines the needs and of the project. The Hoover Dam construction project was initiated due to the flooding
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Supporting Good Practice in Performance and Reward Management 1. Explain at least 2 purposes of performance management and its relationship to business objectives. Performance management is a holistic procedure collectively brings various types of elements that constitute towards the flourishing exercise of people management including‚ above all‚ learning and development. The purpose of Performance management is to develop the ability of individuals to meet and often exceed expectations
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Job Redesign and Workplace Rewards Assessment Organizations face massive challenges in attracting and retaining a high-quality and productive workforce. Companies are continually looking for new ways to keep their employees satisfied at all levels in order to harness greater productivity and ideas from people while keeping them motivated and happy. One real challenge examined earlier is the need to transform General Motors to be a much more productive and fully utilized organization by examining
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“I think the reward for conformity is that everyone likes you except yourself” - Rita Mae Brown. This quote by Rita Mae accurately depicts the current situation our society is in. Everyone is plagued with the idea that if you are not accepted into the “elite” circle of society you become inclined to follow their every command even if there are little to no benefits that come with following them‚ unfortunately‚ there are those who do not fall prey to Society and are deemed unworthy and different.
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Given the desperate need to produce weapons and other equipment of war‚ explain the impact of total war on the civilian populations of Britain and Germany. In 1914 the world began to experience a war like no other. The Great War was the first occurrence of total war in the modern period. Total war is when a country becomes entirely involved in the war effort‚ economically‚ socially and politically. The governments and civilians of the time were faced with the problems of industrial warfare. It was
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"There is nothing permanent in life except change‚" said philosopher Heraclitus. Others have called change or variety as ’the spice of life’. So‚ changes (shuffle or reshuffle) in the government from time to time should come as no surprise to anyone‚ though changes in the political arena are often viewed with suspicion. Change is in the very nature of being. Every new day is different from the previous day. Body metabolism is one such process as also growth of trees and revolving of planets. Tides
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Change can be both negative and positive‚ bringing about unexpected consequences. In both of the texts‚ the personas are widowers‚ struggling to handle their changed situation created by the death of their loved one. We can see the unexpected consequence of the loneliness they experience and the hope that they have in the midst of despair. The first text ‘Widower in the country’ by Less Murray uses a slow and reflective that emphasises the personas isolation and grief and to explore his reflections
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Introduction - Total quality management (TQM) has been defined as ‘continuous improvement of every production output whether it be a product or a service‚ by removing inefficient variations and by improving the backbone of the work process’. International managers like their domestic counterparts have found that incorporating the notion of total quality management into their management process and style can give the competitive advantage. A manager’s decision-making process regarding new or increased
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1. Explain why total financial assets in the economy must equal total financial liabilities? Financial assets are converted in cash which include lands‚ building‚ and machinery. Financial liabilities includes loan from the bank and trade payables what company owes. Total financial assets are identical to total financial liabilities in the economy because the balance sheet is based on accounting equation. Total assets equal total liabilities plus equity in accounting equation. It means while a company’s
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