service (Rothaermel‚ 2017). A cost- leadership strategy creates the same or similar value for customers by delivering products and services at a lower cost than its competitors (Rothaermel‚ 2017). A cost leadership example would be Wal-Mart. Wal-Mart strategy is to provide a higher quality of products and services to its customers at a lower cost. Wal-Mart supply chain management is to engage with its suppliers to match products at the best affordable and lowest cost to meet the needs of its customers
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1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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transactions and also can be used as references in various need. To make a proper written communication‚ it needs various essentials. Communicators must have to ensure these essentials to make a proper and clean written communication. There is also some limitation of written communications like expensiveness‚ sluggishness etc. But these
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5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and shape of each
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The historical cost accounting is an accounting technique that values an asset for balance sheet purposes at the price paid for the asset at the time of its acquisition. It is usually used in combination with other measurement bases. For example‚ inventories are usually carried at the lower of cost and net realizable value‚ on the other hand marketable securities are usually carried at market value‚ and entities prefer to carry pension liabilities at their present value. The main advantage of using
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1.Reasons for popularity of magazines (celebrity culture) Americans obsessed with celebrity due to missing vacuum of not having royalty Few outlets servicing the hunger for news and gossip Exposure was limited to late night television and network shows Few magazines offering stories of the lives of celebrities Tabloids‚ which cover celebrity were deemed embarrassing to be read Magazines are popular with the core group of women in their 30s/40s. Research has shown US Weekly’s female readers
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OBJECTIVE Leadership can be defined as the ability to influence‚ motivate and enable other people to contribute toward the effectiveness and success of the organization. The main objectives to make this report is to apply and relate the public figure leadership style with this subject. From what I learn there are 4 leadership style in path goal model: directive‚ supportive‚ participative and achievement oriented. There are related to the employees and the situation occur. According to the founder
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ETHICS IN LEADERSHIP Ethics are the moral values in a human being. It is nothing but a feeling of knowing what is right and by default what is wrong .Ethics is not about codes‚ but about people who make decisions .Ethics is a generalized term. There are professional ethics and so on. This ethical behavior appears to contribute to credibility as a leader. A person’s ethics reflect the sum total of that individual’s experiences‚ education. The process of making good ethical decisions is complex
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