successful cost reduction programmes In the current economic climate‚ most organisations must face up to a prolonged period of extreme competition and funding restrictions. This is particularly the case if the past few years have been focused on growth‚ service improvement or reorganisation (i.e. cost efficiency has not been a recent priority). Such pressures require an approach that reduces costs in a strategic‚ disciplined‚ and sustainable manner - delivered at pace. In our view serious cost reduction
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2.2 Efficiency Analysis (%) Particulars FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 ROCE 23.00 22.35 23.08 27.57 24.44 ROE / RONW 8.42 8.05 4.53 8.13 14.50 Return on Capital Employed (ROCE) measures a company’s profitability from its overall operations by calculating the return generated on the total capital invested in the business (i.e. equity + debt). Return on Equity (ROE) or Return on Net Worth (RONW) measures the amount of profit which the company generates on money invested by the equity
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General discussion on the draft Constitution continued from 19 October to 30 October of 1972. The Constituent Assembly taking to sittings in 8 working days and about 32 hours. A total of 48 MCA’s (Members of Constituent Assembly) in the 404 members Assembly participated in the debate. Of them 45 belongs to the rulling Awami League‚ one to the opposition NAP and two were independents. Of the 45 Awami Leagues 9 weres ministers. Out of 48 participants 16 were the members of the Committee which drafted
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On behalf of all Bangladeshi people‚ I would like to invite you to join us at a typical wedding ceremony of Bangladesh. No‚ it’s not my wedding; I’ve already done that once. In our culture‚ marriage is such a pompous celebration that most people spend quite a fortune and have to think twice to go through the experience. In the next few minutes you’ll find out why?! It starts with the semi-formal event which is the engagement ceremony. It is semi-formal because instead of boy asking the girl “Will
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TYPES OF COSTS Introduction :-Production is the result of services rendered by various factors of production.The producer or firm has to make payments for this factor services. From the point of view of the factor inputs it is called ‘factor income’ while for the firm it is ‘factor payment’‚ or cost of inputs.Generally‚ the term cost of production refers to the ‘money expenses’ incurredin the production of a commodity. But money expenses are not the only expensesincurred on the production
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accounting profits and economic profits for Gomez’s pottery. Explicit costs: $37‚000 (= $12‚000 for the helper + $5‚000 of rent + $20‚000 of materials). Implicit costs: $22‚000 (= $4‚000 of forgone interest + $15‚000 of forgone salary + $3‚000 of entreprenuership). Accounting profit = $35‚000 (= $72‚000 of revenue - $37‚000 of explicit costs); Economic profit = $13‚000 (= $72‚000 - $37‚000 of explicit costs - $22‚000 of implicit costs). 8-4 (Key Question) Complete the following table by calculating
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VSRD International Journal of Business and Management Research‚ Vol. 2 No. 11 November 2012 ISSN No. 2231-248X (Online)‚ 2319-2194 (Print) © VSRD International Journals : www.vsrdjournals.com / 559 RESEARCH COMMUNICATION ROLE OF FDI IN SOCIO-ECONOMIC GROWTH OF DEVELOPING COUNTRIES 1Reema Sharma*‚ 2Stuti Priyadarshni Nijhawan and 3Richa Sharma Professor‚ Department of Management & Commerce‚ Swami Vivekanand Subharti University‚ Meerut‚ Uttar Pradesh‚ INDIA. *Corresponding Author : reemasharma2011@gmail
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3 Cost-Volume-Profit Analysis Learning Objectives 1. Explain the features of cost-volumeprofit (CVP) analysis 2. Determine the breakeven point and output level needed to achieve a target operating income 3. Understand how income taxes affect CVP analysis 4. Explain how managers use CVP analysis in decision making 5. Explain how sensitivity analysis helps managers cope with uncertainty 6. Use CVP analysis to plan variable and fixed costs 7. Apply CVP analysis to a company producing multiple
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Business (UKM-GSB-LHDN) Cost Classification: Government Agency PROBLEM 2-56 The Department of Natural Resources is responsible for maintaining the state’s parks and forest lands‚ stocking the lakes and rivers with fish‚ and generally overseeing the protection of the environment. Several cost incurred by the agency are listed below. For each cost‚ indicate which of the following classifications best describe the cost. More than one classification may apply to the same cost item. The Answers
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About Ceramic Industry in Bangladesh Ceramic Industry manufacture of useful and ornamental articles from clay by shaping and hardening it in high temperature. The industry is basically a development of indigenous pottery works. Broadly‚ ceramics denote the manufacture of any product made from a non-metallic mineral hardened at high temperatures. Industrial ceramics comprise all industrially used solid materials that are neither metallic nor organic. Major ceramic products include glass‚ earthenware
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