had the objective to find hidden profits and losses contained in their current accounting system. The old system did not fully disclose how their costs were applied to the sales accounts. The goals are very sensible as they will allow them to move forward with the proper information. 2. Why did Ridderstråle feel that the previous cost system was inadequate for the new strategy? The new strategy/system was needed “to promote high-margin products to high-profit customers.” The old system didn’t
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: [ 4 x 5 = 20 marks ] (ii) Anil and Mukesh are partners sharing profit and losses in the ratio of 3 : 2. Govind is admitted for ¼th share of firm. Thereafter Madan enters for 20 paisa in a rupee. Compute new profit sharing ratios under both the admission of partners. (iii) The following Goodwill Account was opened by the partners of R and S‚ on the admission of H as a new partner into firm Om and Sons. Calculate the share of profit agreed to be
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Capital Structure and Profit Capital Structure Definition A unite of a company’s long-term debt‚ specific short-term debt‚ common equity and preferred equity. The capital structure is how a firm finances its overall operations and growth by using different sources of funds. Debt comes in the form of bond issues or long-term notes payable‚ whereas equity is classified as common stock‚ preferred stock or retained earnings. Also‚ Short-term debt such as working capital requirements is considered
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Profit Maximization model helps to predict the price-output behavior of a firm under changing market conditions like tax rates‚ wages and salaries‚ bonus‚ the degree of availability of resources‚ technology‚ fashions‚ tastes and preferences of consumers etc. It is a very simple and unambiguous model. It is the single most ideal model that can explain the normal behavior of a firm. It is often argued that no other alternative hypothesis can explain and predict the behavior of business firms better
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1/14/2015 Restaurant Business Plans‚ Feasibility Studies‚ Restaurant Consultants‚ Opening a new restaurant The Restaurant Group Guiding your restaurant to success Our Services Restaurant Business Plans Would you like to open a new restaurant or start a chain of restaurants? We’d like to show you how we can get it done quickly‚ professionally and inexpensively. We can help you put together a business plan‚ create a feasibility study‚ or deliver the whole process from start to finish. Contact Us
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Chapter 1 Overview of Organizational Development 1.1 What is Organizational Development? Organization development (OD) is a new term which means a conceptual‚ organization-wide effort to increase an organization’s effectiveness and viability. Warren Bennis has referred to OD as a response to change‚ a complex educational strategy intended to change the beliefs‚ attitudes‚ values‚ and structure of an organization so that it can better adapt to new technologies‚ markets‚ challenges
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Where to from here?? Project Inception “Research and understand the problem” Project feasibility and Planning “Ensure it is worth doing” (more detail in the course text’s on-line Appendix) Additional Reference: Information Technology Project Management‚ any edition past 4th Edition Schwalbe‚ Kathy Thomson Course Technology IT Planning Process Identification of Potential Projects • Many organisations follow a planning process for selecting IT projects. • It’s crucial to align IT projects with
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and from the data that was received‚ we believe that our company will be very feasible. The downfall to the survey is the small amount of responses we received back. This amount of responses we received will make it difficult to truly test the feasibility of our company. A positive to the survey is the fact that we received surveys from other locations besides Mississippi. We have several from Alaska‚ Pennsylvania‚ West Virginia‚ Louisiana‚ Texas‚ and Missouri and this will make it easier for us
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University of New South Wales School of Mining Engineering Prepared for Dr Serkan Saydam Mine 8150 Mine Design and Feasability Major Assignment Prepared by David G Rolph 3309524 Thursday‚ 8 September 2011 [pic] Summary Huntley and Avondale Collieries are existing underground mines in the Illawarra coal fields of New South Wales. Both mines are on care and maintenance at present but with an improved financial outlook‚ the existing
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Brief Description of the Project The proposed expansion of Griller’s Oysters House‚ a talabahan and restobar‚ in Plaza Libertad. E. Highlights of Major Assumptions and Summary of Findings and Conclusions Regarding the following: Market Feasibility Restaurants and Fast food chains are present everywhere in Iloilo City and there are already competitors present in the prospected area at Plaza Libertad‚ Iloilo City. But food is a basic necessity and no matter what form‚ it will always be a
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