Cost Accounting – Classification of costs Cost accounting refers to a process of accumulating‚ recording‚ classifying and analyzing all costs incurred at various levels of production. The purpose of cost accounting is manifold. It provides a final selling price‚ suggests the best possible course of action where maximum savings are possible and a strategy for future. Cost accounting is also constructive in comparing the input and output results that ultimately aids the management to arrive at a financial
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Structure Setting and Adjustment | Definition | A pay structure is a collection of pay rates or pay ranges.Structure setting and adjustment is the process of developing‚ adjusting‚ and maintaining a pay structure. | Purpose | Pay structures are used to help organizations: * maintain pay levels that are competitive with the external labor market‚ * maintain internal pay relationships among jobs‚ * recognize and reward differences in level of responsibility‚ skill‚ and performance‚ and
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Page 1 of 98 RE-ORIENTATION OF BANGLADESH RAILWAY: A MARKET INTEGRATION STUDY BY MD. SAIDUR RAHMAN ID NO.: 40201045 A Thesis submitted to the Department of Marketing‚ Evening MBA Program‚ Faculty of Business Studies‚ University of Dhaka‚ in partial fulfillment of the requirement of Internship Program for the degree Of MASTER OF BUSINESS ADMINISTRATION August 10‚ 2005 DECLARATION I hereby certify that the research work reported in this project paper has been performed by me and this work has not
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Bachelor’s Thesis Autumn Semester 2007 Department of Business Studies Market Orientation as a Branding Strategy by Harriet Mellenius Supervisor: Olivia Kang ABSTRACT This paper studies the impact of market orientation strategy on brand awareness. Zara‚ a Spanish leading fashion retailer and an example of a brand using this strategy‚ is compared to three other multinational brands operating in Stockholm‚ Sweden‚ namely Topshop‚ Mango and United Colours of Benetton. The latter brands
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Memo To: CEO From: Human Resources Director Date: September 9‚ 2012 Re: Employee Benefit Package As requested‚ and after much research and comparison of available benefit packages‚ the following benefit package is recommended to be implemented by the organization‚ and offered to all executive assistants‚ and all other employees. Executive assistants are vital in their role in the organization. The role of the executive assistant is to
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successful cost reduction programmes In the current economic climate‚ most organisations must face up to a prolonged period of extreme competition and funding restrictions. This is particularly the case if the past few years have been focused on growth‚ service improvement or reorganisation (i.e. cost efficiency has not been a recent priority). Such pressures require an approach that reduces costs in a strategic‚ disciplined‚ and sustainable manner - delivered at pace. In our view serious cost reduction
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progressive dialogues in recent years. The federal law has not seen much benefit from this activity‚ but activity has altered change on the state level. As the country faces transition regarding the topic of sexual orientation‚ employers are being forced to adopt policies that consider the larger scope of this changing issue. Sexual orientation’s potential status change could affect employers on various levels: from benefits‚ to discrimination and harassment policies‚ to training and legal issues
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Q: Is depreciation expense or depreciation cost is fixed cost or variable cost in nature? Fixed costs: Fixed costs are such costs that do not change with the change in activity level within the relevant range. Where relevant range can be defined in terms of time or activity level. Variable costs: Variable costs are such costs that change with the change in activity level . Coming to the question‚ depreciation expense or depreciation cost can either be fixed or variable and this depends on the
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Cost Allocation Paper Cost Accounting Abstract This article’s focus is how cost accounting allocates costs of a manufacturing plant. All things are hypothetical. The conclusions of this report regarding costing of commercial services provided by Goodyear Tire should be recognized as a theory of the way Goodyear Tire conducts business activities‚ rather than suggestions of how Goodyear Tire should conduct business. Goodyear Tire is a publically traded company‚ which has many different
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METHODOLOGY In order to identify and evaluate the extent to which British Bulkers applies CSR in its business‚ both secondary and primary research was held. More specifically‚ secondary information about the company was collected through its corporate website. Moreover‚ online sources were used to analyze the external environment of British Bulkers‚ while articles and textbooks were also used‚ in order to analyze the importance of CSR in business in general and the shipping business in specific
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