salary by a factor of over 100. at the present time‚ ken is forced to consider purchasing some more equipment for brown oil because of competition. For ex‚ if ken purchases a Sub 100 and if there is a favorable market he will realize a profit of 300‚000. On the other hand if the market is unfavorable ken will suffer a loss of 200‚000. But ken has always been very optimistic decision maker Answers: What type of decision is Ken facing? *Decision under uncertainty what decision criterion should
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Cell Biology (PCB 3023) Fall 2012 Review for Exam 1 Chapter 1 List the key commonalties and differences between prokaryotic and eukaryotic cells. Prokaryotic – no organelles; no nucleus; bacteria and Achaea; spherical‚ rodlike/corkscrew-shaped; cell wall; Eukaryotic – has nucleus; has organelles Commonalities – contain DNA that stores genetic information What is the main component of cellular membranes? What function(s) do membranes serve in cells? Made of phospholipids; defines
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standards are set too high. When the products are run at a lower cost than the standard‚ then this produces a favorable variance. The cost of goods sold and variance should net to the correct cost though and this is the reason the system creates the variance. Lansing set a loose standard which the standard quantities and standard price are high‚ flowing this situation favorable variances will ordinarily result from operations. When the standard cost set artificially high‚ the standard cost of goods
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going to provide incorrect data for performance‚ in result the company will not be able to understand their costs and true revenue potential. The planning budget system is going create discrepancies in the spending variance. According to Garrison‚ Noreen & Brewer (2012) the spending variance is
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NETFLIX: A COMPANY ANALYSIS Table of Contents I. Wall Street Journal Article and Executive Summary ..4 I A. Wall Street Journal Article 4 I B. Executive Summary ..5 II. External Analysis ..7 II A. Industry Definition ..7 II B. Six Industry Force Analysis ..8 II C. Macro Environmental Forces Analysis‚ Economic Trends‚ and Ethical Concerns ..15 II D. Competitor Analysis ..17 II D. 1 Netflix’s Competitors ..17 II D. 2 Netflix’s Primary Competitors ..17 II D. 3 Primary Competitors’ Business Level
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1 . (a) What do you understand by the concept of conservatism ? Why is it also called the concept of prudence? Why is it not applied as strongly today as it used to be in the Past ? (b) What is a Balance Sheet ? How does a Funds Flow Statement differ from a Balance Sheet ? Enumerate the items which are usually shown in a Balance Sheet and a Funds Flow Statement. 2 . (a) Discuss the importance of ratio analysis for inter-firm and intra-firm comparisons including circumstances responsible
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The essence of this essay is to critically analyse the statement‚ “Discuss the role played by the social environment in the creation of deviance in society according to differential association and labelling theory”. It will begin by defining the key terminology being deviance and a discussion on the role that the social environment plays in creation of deviance according to Discuss the role played by the social environment in the creation of deviance in society according to differential association
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Fiedler ’s Contingency Theory of Leadership by Patrich Antoine Managerial leadership has influenced organizational activities in many ways. These influences include motivating subordinates‚ budgeting scarce resources‚ and serving as a source of communication. Over the years researchers have emphasized the influences of leadership on the activities of subordinates. These emphasis by researchers led to theories about leadership. "The first and perhaps most popular‚ situational theory to be advanced
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First Six-Months Price Variance Efficiency Variance Sales-Volumn Variance AQ*AP AQ*SP SQ*SP Static Q*SP Raw Materials 590000*3.867=2281000 79000F 590000*4=2360000 104000U 188000*3*4=2256000 144000F 200000*3*4=2400000 Direct Labor 400000*11=4400000 $- 400000*11=4400000 264000U 188000*2*11=4136000 264000F 200000*2*11=4400000 Spending Variance Efficiency Variance Never a Variance Actual Input Quantity*AR Actual
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In this paper‚ we will be looking at three different scenarios in order to understand and implement different decision models. Question one The Gorman manufacturing company is trying to decide whether to manufacture a component part or to purchase it. In order to make this decision we need to calculate the Expected Monetary Value for each probability. The highest EMV will be the best decision (Satyaprasad‚ Nirmala‚ & Saha‚ 2012). So‚ EMV for manufacture is= -20(.35) + 40(.35) + 100(.30) = -7+
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