Definition and explanation of mixed or semi variable cost: A mixed cost is one that contains both variable and fixed cost elements. Mixed cost is also known as semi variable cost. Examples of mixed costs include electricity and telephone bills. A portion of these expenses are usually consists line rent. Line rent normally is fixed for each month. Variable portion consists units consumed or calls made. The relationship between mixed cost and level of activity can be expressed by the following equation
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Describe the DMAIC (Define‚ Measure‚ Analyze‚ Improve‚ and Control) process The DMAIC is an acronym for the above elements which refers to a data-driven improvement cycle used for improving‚ optimizing and stabilizing business processes and designs. The D which stands for define means that a company has to define the purpose of a project and ensure that the project cycle will benefit its strategic purpose. Additionally‚ it is the ability to define the purpose of a project that leads to a team formation
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more complex where marriage is concerned and differences in personalities come to the forefront. While these issues can be challenging enough for any married couple‚ there are additional difficulties specific to couples in a mixed marriage. For the purpose of this paper‚ mixed marriage is defined as a marriage of two people from different races‚ religions or cultures. Different customs and cultural backgrounds can directly impact your marriage and family life‚ as they tend to teach different values
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March 22‚ 2013 Everyones IQ “Mixed Blood” by Jeffrey M. Fish‚ is an article with demonstrates the cultural basis of race by comparing how races are defined in the North America (U.S)‚ Africa and Brazil primarily. As defined by Fish in America‚ a person’s race is determined not by how he or she looks‚ but by his or her heritage. This paper will explore the topics that Fish talks about‚ in relation‚ to classification of races. In this article Fish emphasizes on the fact that race is not a biologically
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Scientific research can be described as a systematic and organized effort to investigate a specific problem encountered in the work setting that needs a solution. - False 2. Research done with the intention of applying the results of the findings to solve specific problems currently being experienced in an organization is called applied research. - True 3. Research done chiefly to make a contribution to existing knowledge is called applied research. - False 4. Applied research has little scientific
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Q13. Discuss the scope of mixed branding. Ans. Definition: Mixed Branding is where a firm markets products under its own name and that of the reseller(s) because the segment attracted to the reseller is different than its own market. Eg. The company sells its Elizabeth Arden brand through department stores and a line of skincare products at Wal-Mart with the "Skinsimple" brand name. Stratergies: When promoting a brand‚ companies sometimes choose to follow a multiproduct branding strategy
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reason for scholars to be interested in racially-mixed people is that federal government made an adjustment in its official classification system recently and allow individuals to choose more than one race which apply (Gullickson‚ & Morning‚ 2011‚ p.498). It is exciting that multiracialism brings all races closer; however‚ it also raises problems due to its complexity. Multiracial people’s appearances are usually exotic and hard for people to define their races. “What are you?” is probably the
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processes. Goals: 1. To describe behavior and mental processes 2. To predict behavior and mental processes 3. To allow psychologists and their clients to control or change behavior and mental processes 4. To explain (establish cause and effect relationships concerning) behavior and mental processes. The first three goals (description‚ prediction‚ and control) are the easiest to achieve; there are many research methods available that can help psychologists
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Quantitative methods have their strengths and weaknesses. Discuss. Quantitative methods‚ like all social research methods‚ have their own set of strengths and weaknesses. This essay will attempt to critically assess those characteristics and draw a comparison between quantitative methods and qualitative methods. The quantitative versus qualitative debate is an interesting topic in Sociological studies. In Miles and Huberman’s 1994 book Qualitative Data Analysis‚ quantitative researcher Fred Kerlinger
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Quantitative Research Methods Quantitative means quantity which implies that there is something that can be counted. Quantitative research has been defined in many ways. It is the kind of research that involves the tallying‚ manipulation or systematic aggregation of quantities of data (Henning‚ 1986) John W. Creswell defined quantitative research as an inquiry into a social or human problem based on testing a theory composed a theory composed of variables‚ measured with numbers‚ and analysed with
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