for flexible manufacturing. Comment on the advantages and disadvantage of flexible manufacturing? Comment on the scope economies presented in the news article? What does the existence of such economies imply about the production of autos in growing fragmented market? “ In the news article‚ “Chrysler Gains Edge by Giving New Flexibility to Its Factories”‚ more emphasis is placed on how Detroit’s Big 3 and especially Chrysler is catching up with its Japanese rivals by adapting flexible manufacturing
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TO GOVERNMENT BUDGET UNDER THE FOURTH REPUBLIC: A STUDY OF THE NDC BETTER GHANA AGENDA PHASE I (2008- 2012) Introduction In almost all political systems‚ it is generally accepted that the executive has the primary role in developing an annual budget and presenting it to the legislature. The legislature has the right to review‚ debate‚ in some cases amend‚ and approve or reject the spending plan proposed by the executive. Within this broad framework‚ the actual workings of the budget process vary
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Union Budget 2013-14 – A Critical Analysis Finance minister‚ P. Chidambaram presented his 8th and India’s 82nd Union budget on 28th February 2013. Key Highlights: * No change in slabs and rate for personal income tax. * Tax credit of Rs 2000 to be provided to every person to having income of up to Rs 5 lakh‚ this will benefit 1.8 crore people. * 5 to 10 per cent surcharge on domestic companies whose taxable income exceeds Rs 10 crore. * Commodities transaction tax levied
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Flexible Learning Online I enrolled at Western Governors University (WGU) because the program was more flexible‚ cost-effective and geared towards helping me obtain a degree than other online degree programs. I can complete my WGU courses around my schedule with a minimum weekly time commitment. Because I can set my pace‚ I can graduate faster‚ saving thousands of dollars while earning my degree. WGU actually encourages accelerated education and provides personal mentors and course mentors to help
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UNION BUDGET ANALYSIS . State of the economy before Budget 2014-15 1. Inflation: India’s economy has witnessed low growth and high inflation scenario for 7 out of preceding quarters to March 2014. Non-food and fuel consumer price inflation has remained over 8% for the past two years‚ according to RBI’s assessment. The RBI wants the government to rein
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Impact of the federal budget on the Australian economy To succeed you must; a) give a definition of the federal budget The federal budget is delivered in may of each year by the house of representatives and is delivered in two parts: government income/receipts (what the government earns) and government expenditure/outlays (what the government spends). The correct title to the budget is the Appropriation Bill 2006/07‚’ it is commonly referred to as the supply bill. The summary of the Appropriation
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developing a comprehensive annual budget‚ spending heavily for specialty software‚ staff overtime and temporary help for data entry. Perhaps even more costly (but less quantifiable) are the countless hours that senior managers‚ accountants‚ financial analysts and department managers spend to prepare‚ revise and consolidate budgets. • We spend more time creating a budget than analyzing it. • The budget bears little or no relation to our underlying business plan. • After the budget is approved‚ no one looks
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market drop‚ the rise of the dollar against foreign currencies‚ increased unemployment‚ and other economic factors‚ March 2001 officially began a nationwide recession that triggered budget problems in at least forty-five states. -The 2001 recession was the fourth recession in 30 years. After past recessions budget experts recommended establishing a “rainy-day fund” (saving funds during boom times in order to cushion the shocks of economic busts). Wisconsin established the fund but never put money
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expense. Advertising budgets are the means of determining and controlling this expense and dividing it wisely among departments‚ product lines or services. This fact sheet describes various methods of establishing an advertising budget‚ and suggests ways of applying budget amounts to get the desired outcome. If Vodafone want to increase sales‚ it is almost certain that they will need to advertise. How much should they spend? How should they allocate their advertising budget? How can they be sure
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budgeting E-Book Basic definations i. A budget is a detailed quantitative plan for acquiring and using financial and other resources over a specified forthcoming time period. 1. The act of preparing a budget is called budgeting. 2. The use of budgets to control an organization’s activities is known as budgetary control. Difference between planning and control i. Planning involves developing objectives and preparing various budgets to achieve those objectives. ii. Control involves
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