a particular set of future conditions. Tying plans to a firm’s financials is a key element of success. Bottom line is cost. Strategic planning - A set of procedures for making decisions about the organization’s long-term goals and strategies. Strategic goals - Major targets or end results relating to the organization’s long-term survival‚ value‚ and growth. Strategy - A pattern of actions and resource allocations designed to achieve the organization’s goals. Tactical planning - A
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HB 267 Cost Controls: Homework quiz Due: Thursday 10/7/14 Name ______Macie DeGraaf________________ 15 points Menu item |Number sold |Standard/budgeted portion cost | |A |580 |$4.45 | |B |285 |$6.20 | |C |600 |$4.15 | |D |200 |$6.00 | |E |475 |$5.95 | |F |320 |$7.05 | |G |545 |$6.10 | |H |200 |$6.95 | |Totals |3‚205 | | | | | | |Solve all problems for 2 decimal places (x.xx) | | | |Food sales |$57‚680.30 | | | | | | |1. Food cost $ based on standard cost figures |$17834.75 |(1 pt) | | | | | |2
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McDonald’s has successfully created a brand/name for itself as the leading fast food retailer in the world. It is somewhat of impossibility for one to not come across a McDonald’s with over 30‚000 local restaurants in over 100 countries (McDonald’s‚ 2011). Those restaurants are owned either by a franchise owner or a corporation; a percentage of all the earnings from a franchise owner‚ including a percentage from their annual revenue go to McDonald’s. McDonald’s has successfully met the demands
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establishment earns a fortune with out hard work‚ risks and good control systems. The food service industry is a high risk business. It is possible to earn high profits. It is also possible to loose a lot of money. The individual managers in this industry who know management and understands the accounting and record keeping involved- including the application of control techniques - have a chance of survival. Organisations need to use control procedures to ensure they are making satisfactory progress
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Crime Control Strategies A wealthy man and his pregnant wife were going through a divorce. Rather than pay alimony and child support‚ the man hired someone to kill his wife and make it look like an accident. This crime is demonstrated as the rational choice theory. This man knew exactly what he was doing when he had someone hired to kill his pregnant wife. He made his own decisions and knew what would happen if he was to be caught. Criminal behavior is explained‚ as "no matter how destructive
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Week 3 DQ 2 Keeping It Real What do you think is the reasoning for not filing incident reports in medical records? Provide examples of three incidents and explain why they could be problematic in patients’ files. The purpose of an incident report is not to produce information for the patient’s record. The purpose of an incident report is to inform risk management of the issue‚ and quality improvement of areas to be evaluated. If there is some part of the incident which needs to be in the
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_________________ refers to the formal agreement with a single vendor to supply the majority of product needs. a) Cost plus purchasing b) Prime vending c) Blanket Purchase Agreement d) Just in time purchasing 8. ________________ is when a wide variety of items are purchased from local suppliers but the exact items‚ quantity and delivery requirements are not known. a) Prime vending b) Cost plus purchasing c) Just in time purchasing d) Blanket Purchase Agreement 9. A running record of the
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Health and Nutrition Week 3 iLab Richard Ratliff Jr 1. Describe the healthy meal that you have created from the fast-food restaurant using the nutritional value of menu items. A. I chose the fast food restaurant McDonald’s. I have ordered a vegetarian premium wrap‚ a side salad‚ and a medium orange juice. Premium Bacon Ranch Salad (Without chicken)- 140 Calories‚ 7g of total fat‚ 300mg of sodium‚ 10g of Carbohydrates‚ 9g of protein‚ and 160 vitamins A. Side Salad- 20 Calories
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Overview The final project for PSY 230 is a personal narrative in which you apply personality psychology theories and concepts to better understand yourself. For this project‚ you are expected to incorporate your understanding of personality theory with self-actualization into one reflective‚ personal narrative paper. Final Project Timeline You should budget your time wisely and work on your project throughout the course. As outlined below‚ some CheckPoints and Assignments in the course are
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This paperwork MGT 230 Week 4 Reflection Summary contains review on the summary Collaborate with your Learning Team to discuss the previous week’s objectives. Discuss what you learned‚ what could be applicable to your workplace or personal life‚ and how your knowledge has increased as a result of what you experienced through the learning activities in the previous week. Submit your team summary of the discussion in a 1-2 page Microsoft ® Word document. General
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