Management‚ Eleventh Edition by Stephen P. Robbins & Mary Coulter ©2012 Pearson Education‚ Inc. publishing as Prentice Hall 1-1 • Explain why managers are important to organizations • Tell who managers are and where they work • Describe the functions‚ roles‚ and skills of managers • Describe the factors that are reshaping and redefining the manager’s job • Explain the value of studying management Management‚ Eleventh Edition by Stephen P. Robbins & Mary Coulter ©2012 Pearson
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Chapter 4 Systems Design: Process Costing Solutions to Questions 4-1 A process costing system should be used in situations where a homogeneous product is produced on a continuous basis. ished goods) during the period plus the equivalent units in the department’s ending work in process inventory. 4-2 1. Job-order costing and process costing have the same basic purposes—to assign materials‚ labor‚ and overhead cost to products and to provide a mechanism for computing unit product costs. 2. Both systems
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THE s-BLOCK ELEMENTS 291 UNIT 10 THE s -BLOCK ELEMENTS The first element of alkali and alkaline earth metals differs in many respects from the other members of the group After studying this unit‚ you will be able to • describe the general characteristics of the alkali metals and their compounds; • explain the general characteristics of the alkaline earth metals and their compounds; • describe the manufacture‚ properties and uses of industrially important sodium and calcium
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Asia: An Introduction Asia is noted as the biggest of the seven continents of the world. It is divided into six regions‚ each possessing distinctive physical‚ cultural‚ economic and political characteristics. Asia is not only the largest continent but also considered as the most thickly populated‚ with nearly three fifths of the world’s total population. Asia is the cradle of the human race‚ of civilization‚ of the world religions. Philosophy and religions are related to the Asian history. They
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a 1. Define the three aspects of organizational architecture. The three aspects of organizational structures as highlighted in the synopsis of Managerial Economics and Organizational Architecture are as follows : 1. The assignment of decision rights within the firm 2. The methods of rewarding individuals 3. The structure of systems to evaluate the performance of individuals and units These three components are often referred to a stool with three legs. If one of the
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Chapter 1 Plot Plot- is a series of related events‚ like links in a chain. Each event hooks our curiosity and pulls us forward to the next event. Basic Situation- First part of a plot also known as Exposition‚ This is the opening of the story‚ when the characters and their conflict are introduced. Exposition- also known as the Basic Situation External Conflict- the struggle takes place between two characters‚ between a character and a group‚ or between a character and something nonhuman—a
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Cells Cell Theory- Cells are the smallest units of life All organisms are made of one or more cells All cells come from pre-existing cells Cells are organized Organelles- compartments that perform different functions in the cell Cells can be prokaryotic or eukaryotic Eukaryotes (Animals‚ plants‚ and fungi) Contain: Nucleus Membrane bound organelles Prokaryotes Nucleoid- region that contains DNA Flagellum Characteristics of Chloroplasts and Mitochondria (similar to Prokaryotic Cells)
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organizations have goals‚ and their managers need information as they strive to attain those goals. Managerial accounting is the process of identifying‚ measuring‚ analyzing‚ interpreting and communicating information in pursuit of an organization’s goals. It is an important part of any organization’s management information system. 1-1. The following changes should be in store for managerial accounting as a result of the explosion in e-commerce: a. Companies will have to invest in their security.
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103-Managerial Economics OBJECTIVES: The course in Managerial Economics attempts to build a strong theoretical foundation for Management students. The course is mainly analytical in nature and focuses on clarifying fundamental concepts from microeconomic viewpoint. The students are expected to study and analyses the dynamics of managerial decision making through this course. Also wherever possible‚ students are expected to study‚ analyses and interpret empirical evidence and case studies available
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KEY CONCEPTS • managerial economics • theory of the firm • expected value maximization • value of the firm • present value • optimize • satisfice • business profit • normal rate of return • economic profit • profit margin • return on stockholders’ equity • frictional profit theory • monopoly profit theory • innovation profit theory • compensatory profit theory Managers‚ Profits‚ and Markets Chapter 1 How Is Managerial Economics Useful? • Evaluating Choice Alternatives • Identify ways
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