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
Premium Supply chain management Costs Cost
101-00128 Oct 2014 Accounting Accounting is the recording‚ measurement‚ and interpretation of financial information (Business 286). This financial information is used to evaluate the organization’s operations. To carry out these interpretations of financial information a public or private accountant is able to do this. To become a public accountant you must earn your CPA (certified public accountant) by passing a test and means you are certified by the state in which you provide accounting services where
Premium Income statement Financial statements Balance sheet
Bangladesh Pharmaceutical Industry By Sarker Imran‚ RRU‚ BC‚ Canada | | There are several sectors on which Bangladesh can be proud of and undoubtedly the pharmaceutical sector is one of these sectors‚ rather it is the sector‚ which is the second-largest contributor to the government exchequer. There are about 231 companies in this sector and the approximate total market size is about Taka 76‚500 million per year of which about 97% of the total requirement of medicines is created by the
Premium World Trade Organization International trade General Agreement on Tariffs and Trade
ACC206: Principles of Accounting II Final Paper Instructor: Emmett Denham March 25‚ 2013 ABC Company could reach $3 million in annual sales within 3 years if the company used shingle scrap material to build cedar dollhouses. The new product would add additional costs but would project an aggressive growth in revenue for the company. In the following reports I will show you how beneficial the cedar dollhouses would be to ABC Company. [ABC Company] | Cash Flow Satement | | | | Date:
Premium Generally Accepted Accounting Principles Balance sheet
materials. Rudolf Diesel Company’s inventory records show the following data: Units Unit Cost Inventory‚ January 1 5‚000 $9.00 Purchases: June 18 4‚500 8.00 November 8 3‚000 7.00 A physical inventory on December 31 shows 3‚000 units on hand. Under the FIFO method‚ the December 31 inventory is $21‚750. $21‚000. $27‚000. $24‚000. Rudolf Diesel Company’s inventory records show the following data: Units Unit Cost Inventory‚ January 1 5‚000 $9.00 Purchases: June 18 4‚500 8.00 November 8 3‚000 7.00 A physical
Premium Inventory Balance sheet Revenue
Entrepreneurship in Bangladesh– Case studies on selected boutiques of Chittagong. i Abstract This is a study on women entrepreneurship in Bangladesh – Case studies on some selected boutiques of Chittagong. There are four parts in this paper. Part 1 is introductory part in which objective‚ methodology & limitation of the study etc topics are discussed. In Part 2 a literature review on women entrepreneurship is discussed. Then Scenario of women entrepreneurship in Bangladesh is also
Premium Entrepreneurship Entrepreneur Sociology
09-92802-1 Submission Date : 1st November’2010 [pic] The School of Business Fall Semester 2010-11‚ Sec: A Course Teacher: MR. RAFIUDDIN AHMED EMBA Program‚ American International University – Bangladesh Definition of Multi-level Marketing Company: Multi-level marketing (MLM) is a marketing strategy in which the sales force is compensated not only for sales they personally generate‚ but also for the sales of others they recruit‚ creating a downline
Premium Pyramid scheme
2011 MR.MD. Kamrul Hasan Assistant Professor‚ Department of Business Studies State University of Bangladesh Subject: Letter of Transmittal for Submitting the Report Dear Sir‚ I am submitting my Term Paper and would like to take the opportunity to thank you for your guidance and supervision in its completion. I completed my Term Paper for Report on the "Strategy for Growth: Bangladesh 2050 ". I have tried my best to organize all the necessary information related to the topic and present
Premium Economics Economic growth Economy
consideration of a price called Interest. Banking business definitely established on a relationship of Debtor-Creditor between the surplus unit called depositors and the bank and between the deficit unit called borrowers and the bank. Here‚ opportunity cost of money works as interest is considered the price of the credit. For the development of an economy‚ bank furnishes a huge contribution and modern economy cannot be imagined without the services of bank. Economic development of a country requires a
Premium Bank Financial services
be difficult to deal with. This paper therefore should be of particular interest to our registered students preparing for both the manual and computerised tests of competence together with serving as a refresher for those of you as members in practice that need to deal with the practical application of this interesting concept. If you are waiting for the results of the October examinations‚ I do so hope that your journey was successful. Dr Philip E Dunn Editor Head of Education Trainee Certified
Premium Debt Balance sheet Generally Accepted Accounting Principles