1. Abstract Language: Language describing ideas and qualities rather than observable or specific things‚ people‚ or places. 2. Alliteration: The repetition of initial consonant sounds‚ such as "Peter Piper picked a peck of pickled peppers." 3. Allusion: A reference contained in a work 4. Ambiguity: an event or situation that may be interpreted in more than one way. 5. Analogy: a literary device employed to serve as a basis for comparison. It is assumed that what applies to the parallel situation
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3 planning techniques adopted for planning the business strategy are: Boston Consultancy Group Matrix. According to the BCG matrix‚ companies’ business units can be categorized into 4 categories. These categories are based on the amalgamations of market share and market growth relative to the biggest competitor. Based on BCG matrix‚ it is very good for the company when its products have large market share or the product’s market is growing very fast. The Boston Consulting Group Portfolio Matrix
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Cost Classifications and Estimation 2.0 Introduction Cost classification may be defined as ‘the arrangement of cost items in a logical sequence having regard to their nature and purpose to be fulfilled’. The term cost must be qualified when in use in order that its precise meaning is established in a particular situation; however‚ cost refers to the amount of resources that have been diverted from other uses or sacrificed so as to achieve the desired objective. But the term is used to refer to
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Cost of Quality (COQ) "The cost of quality." It’s a term that’s widely used – and widely misunderstood. The "cost of quality" isn’t the price of creating a quality product or service. It’s the cost of NOT creating a quality product or service. Every time work is redone‚ the cost of quality increases. Obvious examples include: The reworking of a manufactured item. The retesting of an assembly. The rebuilding of a tool. The correction of a bank statement. The reworking of a service‚ such as
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Costs and budgets The management of costs is a very important aspect of managing financial resources. If costs are not managed effectively‚ it can lead to profits being damaged and the business potentially unable today its expense. Keeping within a budget‚ increasing income in order to cope with change and making sure that working capital is available and money and set aside for emergencies is all part of the balancing exercise. Costs managed to budget McDonald’s budget was adverse as there
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Introduction to Chemical Systems in the Laboratory’1. Specifically‚ 1.90 grams of KCL was weighed in a 250ml beaker and dissolved in 25 ml of deionized water. This solution was then quantitatively transferred to a 250ml volumetric flask. Proper technique is needed for quantitative analysis. This transfer was done to ensure that there was no detectable KCl left in the beaker. After transferring the solution add 3 drops of AgNO3 to the rinsed beaked to check the completeness of the transfer. Now take
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The Cost of Turnover Putting a Price on the Learning Curve by Timothy R. Hinkin and J.BruceTracey Employee turnover does more than reduce service quality and damage employee moraleit hits a hotels pocketbook. E mployee turnover has long been a concern of the hospitality industry‚ and therefore of researchers who examine industry human-resources concerns. One stream of research that arose in the past 20 years was an effort to quantify the cost of employee turnover. Although most managers
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next time they visit the dentist. We as dental assistants can help people with dental anxiety overcome their anxiety once they do come into the office and we get them in the chair. We can educate ourselves on relaxation techniques. We can utilize the relaxation techniques in the office and teach them to our patients. We can explain the procedures that are going to be performed and what the dentist is going to do in a calm and confident voice. We can maintain a tranquil and secure environment
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Opportunity Cost Scarcity of resources is one of the more basic concepts of economics. Scarcity necessitates trade-offs‚ and trade-offs result in an opportunity cost. While the cost of a good or service often is thought of in monetary terms‚ the opportunity cost of a decision is based on what must be given up (the next best alternative) as a result of the decision. Any decision that involves a choice between two or more options has an opportunity cost. Opportunity cost contrasts to accounting cost in
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IIM Lucknow‚ Noida Campus MANAGEMENT ACCOUNTING –II Assignment – II‚ Daniel Dobbins Distillery‚ Inc (Case Analysis) Submitted By: Rahul Srivastava (WMP08034) Vinay Joshi (WMP08045) ANALYSIS Company History * Founded in 1880 in Oakwoods by Daniel Dobbins. * Major product is Old Trailridge Bourbon Whisky * High quality of whisky due to the unusual iron-free spring water used in the distillation process and the specially prepared fire-charred white oak barrels used in the aging
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