Environmental Influences Cultural Influence • Culture • Subculture Social Influence • Group • Family Demographic Influence •Age‚ Gender • Income Psychographic Influence • Value • Personality • Lifestyle Situational Influence • Purchase • Usage Consumer Decision Making Basic Psychological Processes Memory Marketing Stimulus (Topic 5) • Product • Price • Place • Promotion Exposure/ Attention Perception Consumer Behavior Attitude The Decision Making
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the collection and aggregation of information for decision makers including managers‚ investors‚ regulators‚ lenders‚ and the public. Accounting systems affect behavior and management and have affects across departments‚ organizations‚ and even countries. This paper will give the reader an understanding about cost accounting. This paper will discuss: Why is cost accounting so important to the success of the firm; what are the various methods of cost accounting and how are they used; how does an operating
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CHAPTER II Theoretical Framework This chapter presents the relevant theory‚ related literature‚ related studies‚ conceptual framework‚ hypothesis and definition of terms used in the study. Relevant Theory ------------------------------------------------- Behaviorism Behaviorism as a theory was primarily developed by B. F. Skinner. It loosely encompasses the work of people like Edward Thorndike‚ Tolman‚ Guthrie‚ and Hull. What characterizes these investigators are their underlying assumptions
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The outcomes of the Punic wars The Punic Wars were a series of three wars fought between Rome and Carthage from 264 BC to 146 BC. At the time‚ they were probably the largest wars that had ever taken place. The term Punic comes from the Latin word Punicus (or Poenicus)‚ meaning "Carthaginian"‚ with reference to the Carthaginians’ Phoenician ancestry. The main cause of the Punic Wars was the conflicts of interest between the existing Carthaginian Empire and the expanding Roman Republic. The Romans
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Paper on:- “The use of the Historical Cost convention and the accrual concept for stewardship and for decision making” Topic 1: The Historical Cost Convention Introduction The historical cost convention is unarguably one of the most debated topics in the theoretical base of accounting. Some are of the opinion that it should be done away with‚ while others believe that it plays a vital role in presenting an accurate picture of the business concern. The Historical cost convention has different uses and
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Chapter 4: Costs and Cost Minimization Multiple Choice 1. Suppose you are a star basketball player at a major university in your sophomore year. You are sought after by several NBA teams. Which of the following choices best characterizes your opportunity cost if you choose to drop out of college and enter the NBA? a) The value of your college scholarship that you have given up. b) The skills that two more years of playing at your college would have given you along with their additional value
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Decision Tree Analysis Choosing Between Options by Projecting Likely Outcomes Decision Trees are useful tools for helping you to choose between several courses of action. They provide a highly effective structure within which you can explore options‚ and investigate the possible outcomes of choosing those options. They also help you to form a balanced picture of the risks and rewards associated with each possible course of action. This makes them particularly useful for choosing between different
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SOMNATH DAS BASICS OF MANAGERIAL ACCOUNTING Purpose of the course - familiarize you with: 1. Managerial accounting concepts. 2. Managerial accounting practices. 3. Use of managerial accounting information for decision making. 4. Pitfalls. Accounting is a branch of study concerned with the generation ( identification & measurement ) and provision (Communication) of information. Managerial accounting is in particular accounting for the internal
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Institute of business management | DIFFERENCES IN PERCEPTION OF CUSTOMERS BELONGING TO DIFFERENT LOCALITIES REGARDING CONSUMPTION OF NUTRITIONAL SUPPLEMENTS‚ SPECIFIALLY PEDIASURE. | Methods in Business Research | | Muhammad Bilal Arif SaharAnum IqbalAhetezaz HaloFaiz Mehmood | 12/10/2012 | | Contents Acknowledgment 3 Abstract 4 Introduction 5 Statement of Problem 6 Significance of Problem/ Purpose 6 Statement of Hypothesis 6 Limitations 6 Literature Review 7
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COST ANALYSIS OBJECTIVES INTRODUCTION MEANING DEFINITIONS TYPES OF COSTS MONETARY COSTS REAL COSTS OPPORTUNITY COSTS ECONOMIC COSTS ACCOUNTING COSTS INCREMENTAL COSTS SUNK COSTS FUTURE COSTS PRIVATE‚ EXTERNAL AND SOCIAL COSTS FIXED / SUPPLEMENTARY / OVERHEAD COSTS VARIABLE / PRIME COSTS REPLACEMENT COSTS PRODUCTION COSTS SELLING COSTS CONTROLLABLE COSTS DIRECT COSTS INDIRECT COSTS SHORT RUN COSTS CURVES LONG RUN COSTS CURVES OBJECTIVES To understand the meaning of cost. To discuss different types
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