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
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Definition of Mobile Banking: In many developing countries transferring prepaid mobile phone (cell phone) credits are being used as a way to move money more swiftly and securely than the antiquated and inconvenient banking‚ postal and transportations systems in these countries would otherwise allow. These prepaid mobile phone credits thus represent an alternative currency that underlies an alternative banking system. Thus‚ the most efficient funds transfer and payment method over long distances
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Topic 6: Management Accounting and Cost Case: Shelter Partnership a. My main learning outcomes from Topic 6 and the Case Study; 1) Firstly‚ I realize management accounting has much to offer. Somehow I can handle physics but not accounting. Now thanks to this course I can appreciate and make sense of it. The bit that really caught my attention was seeing how management accounting can be really useful for business planning‚ cost management‚ budgeting and performance measurement. It offers
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DEVELOPMNET IN BANGLADESH…………………………………. 5-7 1. Nature of Foreign Aid & its Importance towards Economic Development 2. Effects of Conditionality & Domestic Accountability 3. Different Views on Donors Conditionality 4. Role of Civil Society 3. FOREIGN AID TO BANGLADESH……………………………………………………………………………... 8-13 3.1 Development program in Chittagong and Aid analysis 4. AID‚ GOVERNANCE‚ AND POLICY OWNERSHIP IN BANGLADESH 4.1 Aid
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functioning markets lack information about the prospects of firms whose shares are traded‚ thereby restricting the promotion of investment and its’ efficiency. The proponents of stock markets emphasize the importance of having a "developed" stock market in enhancing the efficiency of investment. A well-functioning stock market is expected to lead to a lower cost of equity capital for firms and allow individuals to more effectively price and hedge risk. Finally‚ stock markets can attract foreign portfolio
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1. Introduction. . This Bay Of Bengal is a huge resource for Bangladesh in aspects of fisheries and hydrocarbons. The People’s Republic of Bangladesh is a sovereign South Asian country. It is bordered by India in all sides except small border with Myanmar and a long coastal line with the Bay Of Bengal. The Bay Of Bengal is the largest bay in the world‚ forms the North-Eastern part of Indian Ocean. BIMSTEC or Bay of Bengal Initiative for Multi Sectoral Technical and Economic Cooperation (BIMSTEC)
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40‚000 | | 100‚000 | | 404 | | | | 20‚000 | 20‚000 | 40‚000 | | 405 | | | | | 20‚000 | 20‚000 | | Total | 90‚000 | 120‚000 | 90‚000 | 60‚000 | 40‚000 | 400‚000 | 2 Physical Measures Method | Produced | Proportion | Joint Cost Allocation | Unit Cost | 401 | 90‚000 | (90‚000/400‚000)0.225 or 22.5% | (200‚000 x 0.225)45‚000 | (45‚000/90‚000)0.5 | 402 | 120‚000 | (120‚000/400‚000)0.3 or 30% | (200‚000 x 0.3)60‚000 | (60‚000/120‚000)0.5 | 403 | 90‚000 | (90‚000/400‚000)0.225 or 22.5%
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Efficiency of Public Transport Systems Abstract: We all hear the traffic woes everyday. The city has its share of negatives but traffic is one of the most talked about and experienced. One of the solutions generally given to solve the traffic problems is to have an efficient public transportation system. This solution basically cuts down the number of vehicles‚ and saves fuel‚ reduces pollution and in some cases is actually efficient in terms of time and money also. This paper discusses on the
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‘‘Each state follows the polities of its geography’’- Nepoleon India is the immediate neighbors of Bangladesh with common borders. The land border with India extended over 4144 kilometers. Thus‚ in terms of peace along with the extensive border and overall national security‚ the quality of relation with India is very crucial for Bangladesh. The break-up at Pakistan and emergence of Bangladesh as an independent state in 1971 was in the strategic interest of India .The two-nation theory on which Pakistan
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Flower markets of Bangladesh Introduction: Now-a-days flower market of Bangladesh is rapidly growing up. In Bangladesh‚ flower production initially started in late seventies by some farmers with the production of Tuberose. Large number commercial production was started in mid eighties in jhikargacha upazila of jessor district. The most common‚ commercially grown flower species in Bangladesh are Tuberose‚ Rose‚ Marigold etc. Bangladesh is well suited for cultivation of flower due to its favorable
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