Cost Management or Cost Control In broad sense‚ both the terms have the same meaning. Yet cost management seems to connote broader perspective. Cost control to an un-initiated may mean cutting down the incurrence of cost or expenditure every time or in every situation. In reality it is not always so. In many specific situations‚ many times‚ one has to spend or incur cost in order to gain or make more money. It is in fact like an investment. Cost management sounds better then. Profits Making
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Applications of Differentiation 1. If a line y = x + 1 is a tangent to the curve y2= 4x ‚find the point the of contact ? 2. Find the point on the curve y = 2x2– 6x – 4 at which the tangent is parallel to the x – axis 3. Find the slope of tangent for y = tan x + sec x at x = π/4 4. Show that the function f(x) == x3– 6x2 +12x -99 is increasing for all x. 5. Find a‚ for which f(x) = a(x+sinx)+a is increasing 6. Find the intervals in which the function f ( x ) = x3 - 6x2 + 9x + 15 is
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Question 1 Netflix make decision effectively within the internal organization and create value to its consumer‚ it is essential for Netflix to understand the competitive advantages and strategic competencies of its organization with the help from Netflix resources‚ capabilities‚ core competencies and value chain analysis. Tangible Resources Case Fact Strength Weakness Financial Resources Revenue grew by 25 percent to $4883.7 million and net income by 44 percent to $32.3 million (Ireland‚et
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Generally‚ the term cost of production refers to the ‘money expenses’ incurred in the production of a commodity. But money expenses are not the only expenses incurred on the production of a commodity. There are number of services and inputs such as entrepreneurship‚ land‚ capital etc.‚ which are offered by an entrepreneur without changing any price or receiving any payment for them. While computing the total cost of production‚ allowance should be made for such expenses. It is therefore essential
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COST CONCEPTS AND COST ACCOUNTING By: Aman Jawahar Sarika Deepak Muneer CONTENTS Concept of Cost Cost Accounting Terms in Cost Accounting Elements of Cost Meaning of Overheads Classification of Costs Methods of Costing Types of Costing MEANING: Cost Concept: The term ‘cost’ means the amount of expenses [actual or notional] incurred on or attributable to specified thing or activity. Cost means ‘the price paid for something’. Cost Accounting: Cost Accounting is concerned with recording
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ASSIGNMENT ON COST CONTROL AND COST FREDUCTION SUBMITTED BY‚ MOHAMMED NAFAISE E.K ROLL NO: 1600 COST CONTROLL & COST REDUCTION COST CONTROL The practice of managing and/or reducing business expenses. Cost controls starts by the businesses identifying what their costs are and evaluate whether those costs are reasonable and affordable .Then if necessary
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Sex Differentiation and Sexism in English Language ? ???????????? ?????????????????sexism????Webster Ninth New Collegiate Dictionary??????prejudice or discrimination based on sex ; esp: discrimination against women ‚ ?????????????????????«??????» ?“????”?????“??????????????????????”«????» ?“????”???????“???????(?????).”??????????“????”?????????????????????????????? ?)???????? 1?He/man?? ???‚ he‚ man‚ his‚ him‚ mankind????????‚????????‚ he????‘?’????‘?’‚ man????????: (1)If a person
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Q2: Block buster was the business leader for movie rentals for a long time until Netflix came up with a new business model and introduced an online Video/DVD rentals for lower cost and no late fees. Netflix was a forerunner (First in business) and rapidly gained ground on movie rental business. Netflix could efficiently reach customers and conveniently deliver movies to their doors with less overhead cost and bigger variety of choices. Putting Blockbuster stores in a tough position to complete. Blockbuster
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Levels of Product Differentiation in the Global Mobile Phones Market The sixth product level called compliant product is a connecting element between the physical product characteristics and the strategy of the producer company Stanimir Andonov* The article discusses the differentiation among the product offers of companies working in the global markets‚ as well as the strategies which they use and could use in that respect. The main idea of the paper is that the principle “differentiate or
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“Leadership cannot be taught or learned” (Drucker‚ 1955). Critically evaluate this statement. Peter Drucker as one of the best known writers and management consultants wrote that “Leadership is of utmost importance. Indeed there is no substitute for it. But leadership cannot be created or promoted. It cannot be taught or learned.” (Drucker‚ 1955) He held the view that leadership is a talent. The purpose of this essay is to
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