4. page 98: What alternative strategy might Xerox have followed in responding to the first signs of declining revenues and profits? Task number one: outsource Xerox’s manufacturing. An often criticized and unpopular move‚ outsourcing was critical to Xerox’s cost-saving efforts. Burns oversaw the process in a way that preserved quality while achieving the desired cost benefits. With the restricting of manufacturing‚ Xerox’s workforce dropped from 100‚000 employees to 55‚000 in just four years. This
Free Multifunction printer Printing Photocopier
a. At which rate is total utility increasing: a constant rate‚ a decreasing rate‚ or an increasing rate? How do you know? b. “A rational consumer will purchase only 1 unit of the product represented by these data since that amount maximizes marginal utility.” Do you agree? Explain why or why not. c. “It is possible that a rational consumer will not purchase any units of the product represented by these data.” Do you agree? Explain why or why not. Answer: Missing total utility data‚ top – bottom:
Premium Utility Economics Consumer theory
how much it contributes to the fixed costs and profit of the business once variable costs have been covered. It can be calculated either per unit of output or in terms of total contribution of all units produced. Contribution ignores fixed costs and only considers any surplus left once variable costs have been subtracted from revenue. Hence‚ contribution is what a product contributes towards the fixed costs of the business and‚ once these are paid‚ the profits of the business. Managers need to know
Premium Variable cost Costs Marginal cost
INSTRUCTIONS a) Students are required to submit all three assignment sets. ASSIGNMENT Assignment A Assignment B Assignment C b) c) d) e) DETAILS Five Subjective Questions Three Subjective Questions + Case Study 40 Objective Questions MARKS 10 10 10 Total weightage given to these assignments is 30%. OR 30 Marks All assignments are to be completed as typed in word/pdf. All questions are required to be attempted. All the three assignments are to be completed by due dates (specified from time to time)
Premium Arithmetic mean Regression analysis Standard deviation
1. Explain the relationship between the skeletal and muscular systems. The relationship between the skeletal and muscular systems is that we are made up of bones all throughout our body and we need this to stand and hold our body together‚ similar to the skeletal system the muscular system is made up of soft tissue and is lined all over our body. We could not stand without the system as well. 2. Why is the circulatory system important? This system is important because it is used to circulate blood
Premium Heart Blood Circulatory system
MARGINAL COSTING [pic] SUBMITTED TO: SUBMITTED BY: Dr. Shashi Srivastav ABHISHEK KUMAR RAI
Premium Variable cost Costs Marginal cost
Explain the relationship between program planning and grant proposals. When describing each component‚ address their similarities and differences as well as how they relate to each other. * Post your explanation in 200 to 300 words. Program planning is evaluated in following a proposal. Program Planning processes will yield a component of the body proposal. Grand proposals are evaluated and based on business practices/good planning. A grant proposal address goals within the organizations
Premium Organization Government Management
Effective Communication and Professional Relationships with Children‚ Young People and Adults Sarah Haycock-Lewandowski 17/03/2012 A key element of the role of any member of support staff in a school or other education environment‚ is communication‚ both with children and adults. Whilst it is important for children to learn cognitive skills‚ it is equally important that they also learn skills that will allow them to function effectively in society. A significant proportion of the latter can
Premium Education Child Teacher
5. Relationship between marginal cost and marginal product. Marginal cost is the additional cost attributed to an additional unit produced. Marginal product is the increase in the total product due to an additional resource allocation. The marginal cost and marginal return have an inverse relationship and can almost be represented as mirror images of each other. The peak of the marginal product corresponds with the lowest point of the marginal cost. Thus as marginal
Premium Economics Marginal cost Cost
Marginal Analysis and Profit Maximization Task A At the point of profit maximization within any firm‚ the aspects of both marginal revenue and marginal cost play a major role. The economically working definition of marginal revenue is termed as: the extra revenue that an additional unit of product will bring. It is the additional income from selling one more unit of a good; sometimes equal to price (MoneyTerms‚ 2005). The marginal revenue of the output of any given product ties closely in the
Premium Costs Economics Variable cost