Critical Thinking and Ethical Leadership Risa M. Mish‚ Senior Lecturer of Leadership and Director‚ Johnson School Leadership Skills Program and Dana Radcliffe‚ Day Family Senior Lecturer of Business Ethics ©Risa M. Mish‚ 2010. All Rights Reserved. Johnson Leadership Model: Knowledge 2 Critical Thinking and Ethical Leadership – ©Risa M. Mish 2010. All Rights Reserved What is “Critical Thinking”? Analyzing‚ Synthesizing and Evaluating INFORMATION Gathered from or generated
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these clothes due to comfort and quality. f. Brushed teeth and put on makeup. Purchased items due to loyalty and quality. g. Drove to school. Purchased SUV due to brand loyalty and style. 2. If a producer creates a really revolutionary new product and consumers can learn about it and purchase it at a website‚ is any additional marketing effort really necessary? Explain your thinking. I believe additional marketing is necessary. Most consumers do have web access‚ but there are consumers
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Cost allocation for indirect costs Cost Pool – Set of costs that are added together before being allocated to cost objects on some common basis Cost Driver/ Allocation base Cost Object Cost Driver Rate = Total Costs in Pool/ Total Quantity of Driver Where total quantity of driver = practical capacity of driver Cost of excess capacity = Cost Driver Rate * Excess capacity Predetermined overhead rate - cost per unit of the allocation base used to charge overhead to products. Predetermined
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indirect costs are allocated using only one or two cost pools. All or most costs are identified as output unit-level costs. Products make diverse demands on resources because of differences in volume‚ process steps‚ batch size‚ or complexity. Products that a company is well suited to make and sell show small profits while products for which a company is less suited show large profits. 9-5 (1) Identify the activities that consume resources and assign costs to them. (2) Identify the cost driver(s)
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Overview Welcome to the study of cost accounting. This introductory chapter explains the intertwining roles of managers and management accountants in choosing an organization’s strategy‚ and in planning and controlling its operations. Unlike the remainder of the textbook‚ this chapter has no “number crunching.” Its main purpose is to emphasize the management accountant’s role in providing information for managers. Review Points organization. Cost accounting provides information
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Selfish Leadership Leadership is rightly considered the axle on which the entirety of the entity in perspective rotates. The wide range of leadership styles in theory and the same manifested in real life scenarios‚ sometimes‚ sway too far away from being ideal. And that is just where fingers point at the validity of the leadership in question. There are two planes where this selfish motive exists and both connected. The managers not working towards achieving the organizational goals‚ but rather
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Cost Classification Introduction: In this assignment I will be discussing how costs incurred in any organization may be classified in a number of different ways for a number of different purposes. I will also be looking to find companies that use a variety of different costing techniques and methods. I will also be discussing the comparisons between marginal and absorption costing and how the concept of activity based costing can also be compared with these. To complete the assignment I will
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Are you a leader‚ born or cultivated or both? How do you characterize your leadership traits based on the leadership profiles presented by Narayana Murthy and Rahul Khosla? Ans. For centuries there has been a debate about whether leaders must be born into their leadership capacities or whether leadership can be developed in all of us. Our beliefs about how people become leaders affect how we evaluate people’s leadership potential. Believing people are born leaders is likely to result in a focus
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Summer2011-Microeconomics-Exam Two Practice 1. To calculate the total utility of consuming N products: A. add the additional satisfaction of consuming each product up to N and multiply by its price. B. add the total satisfactions of consuming each product up to N. C. multiply the additional satisfaction from consuming the Nth product by its price. D. multiply total satisfaction from consuming N products by N. 2. Suppose that the following table lists the utility that Steve receives from consuming
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Managing Cost of Quality: Insight into Industry Practice Andrea Schiffauerova *‚ Vince Thomson ** * École Polytechnique de Montréal‚ Department of Mathematics and Industrial Engineering‚ Montreal ** Department of Mechanical Engineering‚ McGill University‚ Montreal‚ Canada Article Reference: Schiffauerova‚ A. and Thomson‚ V.‚ “Managing cost of quality: Insight into industry practice”‚ The TQM Magazine‚ 2006 Abstract This paper reports on the study of the quality costing practices at four large
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