storage space for raw material. Required: 1. Compute each of the following costs for the year just ended: (a) Total prime costs‚ (b) Total manufacturing overhead costs‚ (c) Total conversion costs‚ (d) Total product costs‚ (e) Total period costs. 2. One of the costs listed above is an opportunity cost. Identify this cost‚ and explain why it is an opportunity cost. SOLUTION 1. a. Total prime costs: Direct material................................................................................
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information on the past rates and occupancy of the rooms. In order to gather more information‚ the new general manager created a comment card to be placed in every room‚ which would help her gather more information about the customer satisfaction. Question 1: Comment cards are one of the methods used to CASE 12 – SUMMARY The customers of the Remington Hotel were a mix of 60% of individual temporary guests and 40% of group business‚ and of the group business‚ 1/3rd consisted of motor coach tour
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1.3 Identifying Woolworths‟ competitors 2. Analyse strategic groups 2.1 Characteristics for identifying strategic groups 3. Analysis of key competitors 3.1 Competitors‟ objectives and strategic thrusts 3.2 Competitors‟ strategies 3.3 Competitors‟ strengths and weaknesses 4. Forecasting likely response strategies 5. Conclusion References 2 2 3 3 3 3 4 4 4 4 5 5 5 2 1. Introduction It is common knowledge in business practices that a successful marketing strategy from an organisation‟s point of
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and magnesium. This makes up about 90% of the earth’s elements. Jupiter and Saturn on the other hand consist mostly of volatile gases like water‚ methane and ammonia. These two planets retained their volatiles due to their greater gravitational force. 2. Scientist believe that the collision of earth with a smaller body caused the earth to tilt on it axis at 23 degrees. The blasting debris is said to have formed the moon. The period from the accretion of the earth to the formation of the oldest existing
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Strategic Marketing Planning: Theory and Practice1 Malcolm McDonald 2‚ Cranfield University School of Management In order to explore the complexities of developing a strategic marketing plan‚ this article is written in three parts. The first describes the strategic marketing planning process itself and the key steps within it. It also deals with implementation issues and barriers to marketing planning. The second part provides guidelines for the marketer which will ensure that the input to the
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Chapter 1 STUDY QUESTIONS 1. List five job titles that require textile knowledge. For each‚ state a brief description of the duties and the name of a company that would have such a position (Feel free to research any trade periodicals listed in Appendix of text). 2. Over the past two decades there has been a decrease in the quantity of woven apparel fabrics made in the United States. Why? 3. A curtain manufacturer wants to purchase 10‚000 yards of a printed chintz fabric. Explain
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Chapter 2 Global E-Business: How Businesses Use Information Systems Lecturer: Richard Boateng‚ PhD. • • Lecturer in Information Systems‚ University of Ghana Business School Executive Director‚ PearlRichards Foundation‚ Ghana Email: richard@pearlrichards.org 2.1 © 2010 by Prentice Hall Management Information Systems Chapter 2 Global E-Business: How Businesses Use Information Systems LEARNING OBJECTIVES • Define and describe business processes and their relationship to information
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customer relationships. a. Management b. Control c. Marketing d. Human Resources D5. The two fold goal of marketing is to attract new customers by promising superior value and to _____. a. keep and grow current customers by delivering satisfaction b. keep and grow current customers by delivering competitive pricing c. keep and grow current customers by delivering friendly service d. all of the above C6. Marketing is more than _____ and advertising. a. distribution b
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Weekly Chapter Questions (Wk2) Chapter 1 1. What are three major attractions of careers in supply management? Listed below are three attractions of careers in supply management: Responsibility/Experience: The amount of responsibility as well as the experience you will endure and gain is immense. In some cases‚ it may be rather daunting; however‚ it is well worth it. The knowledge gained‚ will only make you a better and well-rounded individual‚ as you become a procurement aficionado. Team Oriented:
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Edexcel Strategic Marketing Management Assessor: Submitted By: Student ID: Table of Contents Introduction 2 1.1) Importance of Strategic Marketing 2 1.2) Marketing Planning Process 3 1.3) Links between strategic marketing and the corporate strategy 5 2.1) Values of the models in the strategic marketing 6 2.2) Positioning and marketing Tactics 7 2.3) Relationship marketing 7 3.1 ) Exploiting the Growth factors 8 3.2) Response to a change 9 3.3) Strategic
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