businessmen is to get profit maximization. Based on the duty theory‚ businessmen should think more about others’ profit when they are trying to achieve this goal. The duty theory divides these between absolute duties‚ which are universally binding on people. The absolute duties are of three sorts: avoid wronging others‚ treat people as equals‚ and promote the good of others. Therefore‚ it is reasonable for businessmen to seek profit as long as they do not ignore others’ profits. Any types of business
Premium Ethics Morality Profit
in city of industry‚ California‚ about 25 miles east of Los Angeles. PHT offers a wide variety of new and used cars (this is unique in the industry). Furthermore they offer Toyota incentives‚ service specials‚ and Toyota parts savings. The annual profits of PHT totaled about $1.8‚ with annual sales of $ 85 million. PHT had a total of 145 employees. The employees are very valuable to PHT due they are the ones who have to advise the customer‚ sell the vehicles and repair them. But it is hard to keep
Premium Incentive Customer service Sales
The Importance of Analyzing Customer Profitability BADM 603 July 30‚ 2007 Every for-profit business has one main goal: to maximize profits by selling as much of its products or services to as many customers as possible. It seems logical to think that the more customers that a business has‚ the more profitable the company will be. However‚ business managers should also be aware that some customers are more profitable to the company than others. Managers should analyze their customers to determine
Premium Variable cost Profit Costs
Report by Analysts of Group 6. Investment Recommendation:HOLD (Current stock is fairly priced) Business Analysis Overview The Swedish company Hennes & Mauritz AB is the second largest clothing retailer in the world‚ just behind Spain-based Inditex (parent company of ZARA). The H&M Group’s business consists mainly of sales of clothing‚ accessories‚ footwear‚ cosmetics and home textiles to consumers. In addition
Premium Revenue Financial ratios Balance sheet
GROUP 7 NAME ID Vivek Singh Pandya 13A3HP003 Ruchir Mehta 13A1HP047 Pratik Patel 13A2HP015 Tanya Singhal 13A2HP038 Bharath Reddy 13A1HP109 Sheetal Reddy 13A1HP111 Uddit Anchalia 13A3HP015 Akshay Bhalotia 13A2HP007 ANSWER 1 High Level Causal Loop diagram for Wild shrimp and Aquaculture R R Accumalated benifit Accumalated benifit Capacity increment Capacity increment Consumerer Consumerer Price Price Accumalated benifit Accumalated benifit Convertible
Premium Term Profit Economics
1. Use the Overhead Cost Activity Analysis in Exhibit 5 and other data on manufacturing costs to estimate product cost for valves‚ pumps‚ and flow controllers. Exhibit 1 shows the estimated product costs for vales ($37.70)‚ pumps ($48.79)‚ and flow controller ($100.76) using the information provided in the Destin Brass case study. Exhibit 1: Estimated Product Costs for Valves‚ Pumps‚ and Flow Controllers 2. Compare the estimated costs you calculate to existing standard unit cost (Exhibit
Premium Cost Cost accounting Revenue
Next Plc | 2011 | 2010 | PerformanceGross Profit | 1008.7/3453.7 = 29.21% | 996.9/3406.5 = 29.26% | Operating Profit | 574.8/3453.7 = 16.64% | 529.8/3406.5 = 15.56% | ROCE | 574.8/(232.4 + 727) = 59.91% | 529.8/(133.4+802) = 56.63% | Asset Turnover | 3453.7/(232.4+727) = 3.60 times. | 3406.5/(133.4+802) = 3.64 | LiquidityCurrent Ratio | 1067.3/832.9 = 1.3:1 | 1041.2/758.1 = 1.4:1 | Quick Ratio | (1067.3 – 368.3)/832.9 = 0.84:1 | (1041.2 – 309)/758.1 = 0.97:1 | Inventory Days
Premium Generally Accepted Accounting Principles Balance sheet Profit
felt only more time was needed but Rowe felt action was necessary to reduce the drain on company resources. The subsidiary was originally established as a mechanism by which high and nonregulated returns could be used to boost the profits as well as to provide the computer services. Since the Public Service Commission had encouraged public utilities to seek new sources of revenue as a step toward deregulation and to reduce the need for rate increases which higher costs would bring
Premium Cost Costs Contribution margin
Executive Summary HLL has enjoyed a competitive advantage as a sole provider of personal hygiene care products before the liberalization of India’s economy. However‚ with the entry of foreign MNC‚ HLL is suffering from stagnant growth and lower profit margin. Project Shakti was created to address these issues. The high growth of Shakti has created managerial challenges to the project management team. As Shakti grows‚ the current management structure has become inefficient to make it profitable
Premium Management Profit Hygiene
Savitha Bangalore 1. The iF was set with a vision for developing breakthrough products that will enhance and extend Timberland’s brand equity‚ foster business opportunities‚ and drive profitability over the long term. The iF‚ started with the concept that better ideas would be built through cross-functional product creation‚ combining design‚ development‚ and manufacturing. The “duct tape” approach lead to pure data collection‚ with this research iF team was able to put technologies together in
Premium Management Marketing Costs