600 units. 2. The contribution margin per chair for the Colonial model is: A) $51. B) $16. C) $35. D) $25. The answer is b. CM = P-V = $60 - $35 - $9 = $16. Page 1 3. If the sales mix and sales units are as expected‚ the break-even in sales dollars is closest to: A) $132‚000. B) $148‚500. C) $143‚000. D) $139‚764. Price: Variable Costs: Contribution Margin: Contribution Margin Ratio: The answer is c. Colonial to Early American Sales Mix: 3:1 Weighted Average Contribution Margin Ratio: .75(
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1. What is management? * It is the unifying and coordinating activity which combines the actions of individuals into meaningful and purposeful group endeavor. 2. What are managerial functions? * There are 4 functions of management. They are planning‚ organizing‚ influence & control. 3. Is management an art of science? Explain your answer. * Yes‚ because it involves the skills and techniques to achieve desirable results and it’s carrying out the public policy. 4. Is the
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Era -managementMasca Indra T masca_indra@yahoo.com masca.indra@sbm-itb.ac.id Developments in the Era of Social Person Developments in the Era of Social Person Scientific Management Social Person Era Toward Organizational Behavior Toward Organizational Theory Toward General Management Theory Background of organization • • • • • • • • The Greek philosopher Plato wrote about the essence of leadership. Aristotle addressed the topic of persuasive communication
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Contributions of minorities to US culture In the United States minorities pay a higher premium than white areas with the same risks. Minorities in the US are those immigrants‚ black‚ Hispanics Asian immigrants. The differentiation begins with some observable human characteristics‚ including ethnicity‚ religion‚ sexual orientation race‚ wealth‚ and health. But the minorities in the United stated and as for any other country contribute to the culture to make it one. The United is not homogenous in
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Paul Revere is mostly known for his Midnight Ride at Lexington and Concord‚ but he did many more contributions to the American Revolution. Revere was born January 1‚ 1735 in Boston Massachusetts. His father‚ Apollos Rivoire‚ was a French immigrant who came to America at the age of 13. On the other hand‚ his mother ‚Deborah Hichborn‚ was a Boston native and the daughter of an artisan family. According to www.theamericanrevolution.org ‚ Revere had a good education. He was taught the art of gold and
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Contributions of Modern Technology Toward Enhancing Advertising Campaign Strategies by David Ingram‚ Demand Media Modern technology has given small businesses an unprecedented ability to communicate with their target markets‚ causing a dramatic evolution in the way marketers craft advertising strategies. Unlike the shotgun-scatter technique of yesterday's mass media outlets‚ new advertising channels created by cutting edge technology allow companies to target small groups and individuals
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Contribution Margin and Break Even Point by ACC 202 Trident University July 22‚ 2011 Contribution Margin and Break Even Point I’m going to discuss Contribution margin and what it is and how it relates to companies and profits. Contribution margin is the amount remaining from sales revenue after variable expenses have been deducted. It is the amount available to cover fixed expenses such as lease agreements and then to provide profits for the period. Contribution margin is first
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of Classical Economists and its Present Contributions Student ID: B1001804 Lecturer : Dr James Nayagam Synopsis The purpose of this work is to examine and understand the main thoughts of prominent economists during the classical period‚ namely Adam Smith‚ Thomas Malthus‚ David Ricardo‚ Jeremy Bentham and John Stuart Mill. It is also included the comparison of ideas between these masters and last but not least‚ the contributions of these ideas in today’s context. At the
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FINAL DRAFT i Bangladesh Agricultural Research Council New Airport Road‚ Farmgate‚ Dhaka-1215 Bangladesh Published: February 2011 ISBN: Published by: Project Implementation Unit (PIU-BARC) Admin Building 2nd Floor Bangladesh Agricultural Research Council New Airport Road‚ Farmgate‚ Dhaka-1215 Bangladesh Printed by: ………………………….. …………………………… …………………………… Research Priorities in Bangladesh Agriculture Editors Sk. Ghulam Hussain Anwar Iqbal Bangladesh Agricultural
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K. A. POTOCKI AND R. C. BROCATO QUALITY MANAGEMENT A System of Management for Organizational Improvement Kenneth A. Potocki and Richard C. Brocato F aced with cutbacks in funding‚ escalating costs‚ global competition for limited resources‚ and a demand for higher-quality outcomes‚ organizations of all types have felt the pressure to operate more effectively. Organizational improvement is required. Based upon various management approaches‚ five guiding principles are being used to make
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