ASSAIGHNMENT NAME | DIVYA J.JATHANNA | ROLL.NO. | | COURSE | MBA-SEMISTER-1 | SUBJECT | MANAGERIAL ECONOMICS | SUBJECT CODE | MB0042 | LEARNING CENTER | TRACKS INDIA INFOTECH - 01508 | ASSIGHNMENT NO | | DATE | | SET 1 1) Mention the demand function. What is elasticity of demand? Describe the determinants of elasticity of demand. Answer: Demand function: The demand for a product or service is affected by its price‚ the income of the individual‚ the price of the other
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1. Basic Concepts Product cost = Direct Labor (DL) + Direct Materials (DM) + Manufacturing Overhead (MOH) Financial accounting Managerial Accounting + Sales + Sales - COGS - Variable Costs = Gross Profit = Contribution Margin - SG&A - Fixed Costs = Net Profit = Net Profit COGS (Cost of Goods Sold) is an “inventoriable cost” ( recorded in the Balance Sheet as inventory and expensed (Income Statement) when goods are sold SG&A (Selling‚ General & Administrative) are
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Identify your audience early and think about why the reader needs to read the document. Identify people who will be interested‚ even if they are not directly affected. Write to everyone who is interested‚ not just to technical or legal experts. Keep in mind the average reader’s level of technical expertise. Organize to meet your reader’s needs People read documents to get answers. They want to
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general ethics to business behavior ‚its is the extension of individual/group ethics to business situations. Source:http://www.slideshare.net/ajithsrc/hrm-ethics Managerial Ethics: 1. Managerial ethics are a set of standards that dictate the conduct of a manager operating within a workplace. Author: Alex Burke 2. Managerial Ethics: Ethical management is the knowledge of standards in both accounting and corporate governance‚ and recognition of the link between ethics and organizational
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Assessment Portfolio Michael E. Szostkiewicz In fulfillment of course requirements for Park University CA104 Interpersonal Communication Fall 1 Term 2009 Interpersonal Communication Report MICHAEL E. SZOSTKIEWICZ SEPTEMBER 30‚ 2009 Interpersonal Communication Report Outline I. Prior to enrolling in this course‚ I felt that my interpersonal communication skills were adequate and effective. I have always prided myself on being an adept and able communicator; my vocabulary is diverse
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not the norm in the society they are placed. One of the thumbrules of good fiction writing is to make interesting things happen to interesting people. Usually‚ in the effort to make a character interesting‚ he also becomes unusual (though the real skill of the writer comes out when he makes the usual interesting). But‚ but... With the growing body of IWE writers‚ one would naturally expect that the subject of writing follows a normal scattered distribution. If some writers are not comfortable
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have or do is a simple fact of life learned in early childhood. For economists‚ however‚ it can be an obsession. Much of microeconomics is aboutdimu-s-the limited incomes that consumers can spend on goods and services‚ the limited budgets and technical know-how that firms can use to produce things‚ and the limited number of hours in a week that workers can allocate to labor or leisure. But microeconomics is also about ’ays to make the most of these limits. More precisely‚ it is about the allocatiOn
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and difficult dilemmas. But as experienced teachers have learned‚ there are a few basic concepts that underpin all of economics. Once these basic concepts have been mastered‚ learning is much quicker and more enjoyable.” 2 Engineering and Managerial Economics DEFINITION OF ECONOMICS It is very difficult to
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Table of Contents Executive Summary2 Background3 Objective3 Results Obtained4 Recommendation4 Rationale5 Managerial Report6 Appendix11 Executive Summary background Darby Company manufactures and distributes meters used to measure electric power consumption. The company has production plants in El Paso‚ Texas and San Bernardino‚ California. The company also has three distribution centers in Fort Worth‚ Texas; Santa Fe‚ New Mexico; and Las Vegas‚ Nevada. The company has nine customer
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EDU 576 Conceptual Framework & Ethical Dispositions Dr. Susan Meredith Framework and Ethical Dispositions Comparison Matrix Instructions: In the left-hand column‚ list 7 instances of overlap between the two documents by asserting the comparison of the overlapping statements. Be sure to cite each appropriately. In the right-hand column‚ state the priority from 1-7‚ (“1” being the most important) you would assign this concept as an educator; state and defend your rationale. Use research to
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