Process costing is used for homogenous products (continuous flow processes such as producing cans of soda). Job-order costing is used in situations where the organization offers many different products or services‚ such as in furniture manufacturing‚ hospitals‚ and legal firms. Process costing is used where units of product are homogeneous‚ such as in flour milling or cement production. The purpose of a job order cost accounting system is to assign and accumulate costs for each job‚ i.e
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Psychological differences between men and women By M.Farouk Radwan‚ MSc. Recent researches‚ psychology and biology have pointed out many differences between men and women that can help us understand them both in a better way. Sometimes the main reason communication problems happen between men and women is that they don’t quite understand the differences between themselves well. Had men and women understood their psychological and biological differences they would have understood each other better
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substitutes and with significant barriers to entry. While it might seem as though the difference between oligopoly and monopoly is clear cut‚ such is not always the case. A comparison between these two market structures is bound to be illuminating. •One or Few: The primary difference between oligopoly and monopoly is that monopoly contains a single seller‚ whereas oligopoly has two or more sellers. Such a difference might seem to provide a clear separation. But not necessarily. •Substitutes:
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the commercial activities between East and West has become one of the major lifeline almost dominated the world economy. Its representation can be attributed to the Japanese and U.S. economic and trade. As is well known‚ the United States is the superpower of the world‚ not only in military but also in economic. Japan is a small country‚ while considering the contribution to the world economic Japan still is a big country. So trade exchanges and business negotiations between these two countries is a
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or want is called Good. 2) Services Any activity or benefit that one party can offer to another that is essentially intangible and does not result in the ownership of anything‚ is called Service. Difference between Goods & Services There are various differences between goods and services but they can be classified on the basis of the following heads: 1) On the basis of Characteristics 2) On the basis of Offering 1) On the basis of Characteristics The
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Difference between an LPN and RN Presented to Professor Anthony Transition to Nursing By: Lee Rittner April 21‚ 2012 Difference between an LPN and RN ABSTRACT It takes a lot of courage to let go of what is known‚ familiar‚ and comfortable. Change is a driving force in everyone. Like a butterfly‚ individuals in the nursing field may go through similar stages of metamorphosis‚ which is a process of growth‚ change‚ and development‚ (Wikipedia Foundation‚ 2006). Nurses have a vast
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are very similar in role responsibilities‚ yet have very subtle differences. Both roles are instrumental in building strong teams of employees and compliment each other as they work towards the same goals. While there are many similarities to be defined between the two roles‚ there are a few notable differences which can help to distinguish between a manager and a leader. I feel it is absolutely necessary to highlight these differences to my fellow employees so they understand the importance of my
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Zauner Ornaments Costing & Pricing Introduction Zauner Ornaments was a large manufacturer of crystal and glass products based in Vienna Austria. The company had an international reputation of producing high quality glass and crystal at affordable prices due to the skill of its master artisan and using innovative technology in the manufacturing process. Its product was used in fine restaurants‚ hotels and residencies around the world. Due to slowing growth in the fine-crystal and glass-tableware
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Marketing: Differences Between B2B and B2C Linicha Hunter University of Phoenix EBUS 400 E-Business Dr. Hee Lee September 27‚ 2006 Marketing: Differences Between B2B and B2C Marketing allows organizations to promote their products or services with the intent of maximizing their profit and gaining consumers ’ confidence. In today ’s society marketing the correct product/service can be difficult but implementing the marketing process and planning accurately can alleviate potential
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The Difference Between Psychopaths And Sociopaths In A Nutshell Oftentimes‚ we think of the terms “psychopath” and “sociopath” as being used interchangeably to describe people who have no conscience and act with no regard to others; in fact‚ the terms were once fairly interchangeable. Now‚ however‚ “psychopath” is usually used in regards to someone who has crossed the line into the criminal element‚ while a sociopath is of little danger to those around them. A psychopath is the more dangerous of
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