Re-Positioning exercise for a leading product development services player “When a leading product development services company needed a partner to assess its brand positioning strategy and plans‚ Prayag was its choice. Read about how we leveraged our research capabilities‚ branding and industry expertise to equip the client with a comprehensive and well-chalked out branding programme.” E mail: info@prayag.com The client is a leading global product development services company that works
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Job analysis is a concept used to develop a comprehensive description of a position that includes the job responsibilities and tasks performed‚ the tools utilized to perform those duties and the job ’s environment and working conditions. The information gathered can then be used to determine the knowledge‚ skills and abilities necessary to effectively carry out those activities (Dessler‚ 2005). It is also aids in identifying specific characteristics‚ personality traits and behaviors that have a significant
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How the purchase/order is made? When our company‚ Emballator Lagan Plast (ELP) decides on‚ what supplier they want and what they are expecting from them‚ they have a few priorities and parameters they use as guidelines for that decision. To be qualified as a material supplier for ELP‚ they expect the supplier to fulfill these demands: * Value for the money * Short lead-time * High quality * Availability * Delivery * flexibility To get value for the price you pay
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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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Activity-Based Costing Activity-Based Costing Activity based costing (ABC) is a costing method that is designed to provide managers with cost information for strategic and other decisions that potentially affect capacity. Activity based costing is a subset of activity-based management. Activity based costing is used to determine product costs and for internal decision-making and for managing activities. Traditional Absorption costing is for external financial reporting. Activity-based costing is a suitable
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1) A well-designed activity-based costing system starts with __________. A. analyzing the activities performed to manufacture a product B. assigning manufacturing overhead costs for each activity cost pool to products C. computing the activity-based overhead rate D. identifying the activity-cost pools 2) "Generally accepted" in the phrase generally accepted accounting principles means that the principles __________. A. have been approved for use by the managements of business
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standardized services. To meet the different needs of customers in each individual country while maintaining the same standards of services‚ global marketing strategy plays a critical role. Being a leader in upscale hotel chain industry‚ The Ritz-Carlton Hotel took a unique path to compete with its rivals. Founded on principles of groundbreaking levels of customer service‚ and with guest satisfaction being the highest mission‚ the Ritz-Carlton Hotel Company‚ is the first and only hotel company to win
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Exercises for Chapter 1 1. Ming started a business with $3‚000 cash. He used $1‚200 of the cash to buy office equipment. (a) Find the assets‚ capital and liability of Ming’s business. Assets: Cash ($1‚800) & Office equipment ($1200) Capital: $3‚000 Liability: $0 (b) What is the amount of total resources in Ming’s business? A. $3‚000 B. $6‚000 C. $1‚800 D. $4‚800 2. ‘Total assets must equal to total capital plus total liability.’ Do you agree? Why? Yes‚ resources owned by a firm (assets) must be either
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I. The Company a. Background of the company ST. PETER LIFE PLAN‚ INC. (SPLPI) is a Pre-paid DeathCare company‚ which offers traditional and affordable Life Plans to all segments of the society. Founded by Francisco “Tatay” M. Bautista‚ on October 23‚ 1970. It is registered and licensed with the Insurance Commissions (IC) and is compliant with all Pre-Need regulations. SPLPI maintains trust funds with the following trustee banks: Bank of the Philippine Islands (BPI)‚ Banco De Oro (BDO)‚ Metrobank
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Activity-based costing in restaurants 1. Introduction Interest in cost and management accounting practices in the restaurant industry is rising (Raab et al.‚ 2009; Annaraud et al.‚ 2008). Pavesic (1985) has initiated research in pricing and cost accounting for restaurants‚ introducing the concept of profit factor (PF) in menu engineering (ME). Prior studies‚ such as the one presented in Chan and Au (1998) investigate the implications of not incorporating overhead costs in menu-item profitability
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