intricate unless an organization has a good inventory control system. The purpose of this system is to maximize efficiency and effectiveness. Efficiency is to minimize inventory costs and effectiveness is to meet the customer demands. Inventory control involves maintaining adequate stock of medications‚ as well as storing those medications in a safe and secure manner. It also means keeping track of the purchasing and distribution of the medications. Good inventory control allows the pharmacy
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Which of the seven dimensions do you think is probably the best predictor of managerial sucess? Which is the least predictive? Why? Out of seven dimensions the best predictor of managerial sucess is Assertive Roles. Being a manager‚ he has to make other people work to achieve the common goals. Manager having assertive roles tend to be those who are able to reach higher goals and achieve bigger ambitions. Managers having assertive roles works towards own goals and dreams. Assertive roles makes manager
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production system. 4. Describe the schedule of cost goods manufactured. How does it tie into the income statement? 5. Why are product costs sometimes called inventoriable costs? Describe the flow of such costs in a manufacturing company from the point of incurrence until they finally become expenses on the income statement. 6. Is it possible for costs such as salaries or depreciation to end up assets on the balance sheet? Explain. 7. “The variable cost per unit varies with output‚ whereas the fixed
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Economics NAME: Each of the 20 multiple choice questions is worth 3 points. Mark your answers on the ANSWER KEY on page 5. Also provide BRIEF answers to each of the 4 “essay type/logical” questions. Multiple-Choice Questions 1. A manufacturer produces 1‚000 basketballs each day‚ which it sells to customers for $30 each. All costs associated with production and sales total $10‚000; however‚ if the manufacturer were to produce one additional basketball per day‚ total costs would increase to $10
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Abstract The main two reasons for the companies to implement variable pay plan are: motivating employees and reducing cost. In this paper we try to point out the challenges the organizations might face when they apply variable pay system by reviewing related literature. We find that it is difficult for the company to have a reliable measure for the variable pay system. In addition‚ the focus of the variable pay plan should be on motivating employees or cutting cost and how to strike a balance between
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Grant’s Kitchens is approached by Ms. Tammy Wang‚ a new customer‚ to fulfill a large one-time-only special order for a product similar to one offered to regular customers. The following per unit data apply for sales to regular customers: Direct materials $455 Direct labor 300 Variable manufacturing support 45 Fixed manufacturing support 100 Total manufacturing costs 900 Markup (60%) 540 Targeted selling price $1440 Grant’s Kitchens has excess capacity. Ms. Wang wants the cabinets
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Would Julius Caesar be a good king? Julius Caesar takes place in ancient Rome in 44 B.C. He was never technically king‚ but he came close to having the powers of a king‚ but he got killed before he could become one. He is very arrogant throughout the story while he is still alive. He is pretty stubborn while being pretty manipulative just like almost every character in the play. I don’t feel like he will be a good king just because of his arrogance. He also had his good qualities
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Variables Question Independent Variables: SRCBELT SRC BELTCODE - 0 NOT ASSIGNED; 1 = 12 LRGST SMSA’S; 2 = SMSA’S 13-100; 3 = SUBURB‚ 12 LRGST; 4 = SUBURB‚ 13-100; 5 = OTHER URBAN; 6 = OTHER RURAL Recoded as City (1‚ 2)‚ Suburbs (3‚4)‚ Rural (5‚6) Dependent Variables: HAPPMAR MNTLHLTH GUNLAW ABANY TEENSEX “Taking all things together how would you describe your marriage?” FIGURES 1-4. "Now thinking about your mental health‚ which includes stress‚ depression
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test students. Opinion (Argument) (I agree or disagree) I agree with Duckworth because she did the test and students with more stamina succeeded in life. Evidence (in the essay‚ these combine to make one statement. 1 Grit is a significant predictor of success. 2 Kids with more stamina were more likely to graduate despite family income‚ standardized achievement test scores‚ and even how safe they felt at school. 3 Carol Dweck’s growth mindset
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will help them to give their customer satisfactory answer when they have problems. (http//www.mazda.com) Second point is Mazda Company has a good technology skill to make sure their car is safe. Mazda get the highest rating by the Japan New Car Assessment Program in car crash testing and one of the Mazda car model call Mazda 3 received the top rating of “Good” in the crash test. This all reward is because of Mazda using the best technology and put their effort in the car safety parts‚ they want their
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