Question 1: (a) Suppose the income elasticity of demand for pre-recorded music compact disks is +5 and the income elasticity of demand for a cabinet maker’s work is +0.5. Compare the impact on pre-recorded music compact disks and the cabinet maker’s work of a recession that reduces consumer incomes by 10 per cent. (2 marks) (b) How might you determine whether the pre-recorded music compact discs and MP3 music players are in competition with each other? (2 marks) (c) Interpret the
Premium Costs Economics of production Average cost
concept of value. Performance measurement: financial and management accounting ü Financial analysis: general concepts and basics ü Financial indicators: ratio analysis o Profitability ratios o Liquidity ratios o Capital structure ratios o Cost volume analysis‚ BEP and operating leverage o MVA and EVA ü Case–studies and examples of practical performance measurement tools: value trees‚ KPIs and Balanced Scorecard 1 Part II Performance Measurement Theoretical foundations
Premium Generally Accepted Accounting Principles Balance sheet Financial ratios
Course Code Course Title Assignment Number Maximum Marks Weightage Last Dates for Submission : MCS-012 : Computer Organisation and Assembly Language Programming : MCA(1)/012/Assign/2014-15 : 100 : 25% : 15th October‚ 2014 (For July 2014 Session) 15th April‚ 2015 (For January 2015 Session) Perform the following arithmetic operations :Using binary signed 2’s complement notation for integers. You may assume that the maximum size of integers is of 9 bits including the sign bit. (Please note that the
Premium Binary numeral system Elementary arithmetic Decimal
Heavily regulated creates opportunities for supplies * Aggressive investment in new and current plants (new business for suppliers) * Slim margins manufacturers will likely put pressure on hygiene supplier prices. Industry KSP is to keep costs low Competitive Analysis: * Eco Lab + JDH major competitors * have large financial backing * hygiene suppliers compete on product formulations‚ price and service * our four product lines are not stable and sustainable
Premium Cash flow Inventory Generally Accepted Accounting Principles
Case 20: Diamond Chemicals plc (A) --PT07 Group 10 INTRODUCTION: Diamond Chemicals is a large worldwide chemicals producer with two factories in Liverpool England and Rotterdam Holland. Both of their plants were built in 1967 with annual output of 250‚000 metric tons polypropylene. Compare with low-cost producer‚ the production cost per ton is 1.09 which is a little bit high than competitors (see Exhibition 1). With the decline EPS from £60 in 1999 to £30 in 2000 and worldwide economic slowdown
Premium Net present value Discounted cash flow
purchases and by entertaining key customer managers to stay ahead of the competition. Also long term relation ship can be developed by forming customer alliance and partner ships. 3) Sales budget Changes: 4) Advertsing and trade shows costs: Increasing the advertising expense by 20 % in 87 from 86‚ and 5 % increase in 88 from 87 levels and remains same as 1988 levels in 89 Although media and print advertising plays a smaller role in advertising than in conusmer marketing‚ but it
Premium Marketing Value added Customer service
CHAPTER 22 The Costs of Production Topic Question numbers ___________________________________________________________________________________________________ 1. Costs: explicit and implicit 1-9 2. Profits 10-23 3. Short run versus long run 24-31 4. Law of diminishing returns 32-55 5. Short-run costs 56-157 6. Long-run costs 158-193 Last Word 194-196 True-False 197-210 ___________________________________________________________________________________________________
Premium Costs Variable cost
electronic banking is capable to perform the same operations within few seconds. Customers are getting better services now because of the development of ICT in E-banking and so bank now can perform its function with high speed and accuracy. 1.1 Objective of the study: The main objective is to compare the user cost of electronic money transfer channel with traditional money transfer channel. 1.2 Sources of data: The data related to the research have been collected from both
Premium Money Bank Banking
5.0 Market Analysis 5.1 Market Trends Fast food culture has become a way of life or trend in the world. Malaysian adults eat at take-away restaurants around 98 percent. Philippine‚ Taiwan and Malaysia have the highest percentage of fast food restaurant consumers in the world compare to America which count 97 percent (ACNielsen‚ 2005). This is due to the busy life styles and ease of access of variety of fast food restaurant. Consumers have been spending less of their budgets on the grocery store
Premium Fast food Fast food restaurant Hamburger
work for “‚ which is what Libertarian theory: Theory of both Access and Allocation represents. When you choose to start rationing healthcare resources you start to take away people’s liberty and freedom. Liberty and Freedom is what America is built on and if we start to ration healthcare resources people will no longer have a say in what they get no matter how much they are contributing like Capabilities theory: Theory of Allocation states. I believe the outlook is pessimistic because there is only one
Premium Health care Health economics Medicine