EXPLAIN THE ADVANTAGES OF COURIER SERVICES OVER PUBLIC POSTAL SERVICES “A courier service is an organization which offers special deliveries of packages‚ money‚ documents or information. Courier services usually boast faster delivery times than any alternative method of transporting documents‚ and many services in the modern world rely on them. The idea of couriers and a courier service has been around almost as long as civilization‚ with rulers in antiquity using couriers as a means to make new
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Chapter 10 Standard Costs and the Balanced Scorecard Solutions to Questions 10-1 A quantity standard indicates how much of an input should be used to make a unit of output. A price standard indicates how much the input should cost. 10-2 Ideal standards assume perfection and do not allow for any inefficiency. Thus‚ ideal standards are rarely‚ if ever‚ attained. Practical standards can be attained by employees working at a reasonable‚ though efficient pace and allow for normal breaks
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deposit.Quick service completed within 10 minutes.Sales completed within 30 minutes.Visual merchandise updated within one day of display change decision. | When a customer deposits a product for send-away repair‚ Telstra will endeavour to return the fault-free product to the customer within two weeks. This will ensure customer service satisfaction and minimise average time spent by repair department and maximise efficiency.Quick service should be completed within 10 minutes to maximise service department
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U.S Postal Service As a Monopoly In the United States economy most markets can be classified into four different markets structures. But‚ each and every market in the United States is completely unique from the others. Generally the best type of market structure for the general public is per-fect competition because it creates the lowest possible price for the public. There are some exceptions were perfect competition isn’t the best choice for the public on account of various reasons
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Postal Service Case Analysis The United States Postal Service receives no tax dollars from the federal government for their operations. They are a self-supporting agency‚ using the revenue from the sales of postage and postage-related products to pay expenses. Each year the postal service delivers 212 billion pieces of mail to over 144 million homes‚ businesses and Post Office boxes in virtually every state‚ city and town in the country‚ including Puerto Rico‚ Guam‚ the American Virgin Islands
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CHAPTER 4 : COST-VOLUME-PROFIT ANALYSIS : A MANAGERIAL PLANNING TOOL SUMMARY Cost-Volume-Profit analysis estimates how changes in costs (both variable and fixed)‚ sales volume‚ and price affect a company’s profit. CVP is a powerful tool for planning and decision making. Operating Income = Total revenue – Total Expense Contribution margin is the difference between sales and variable expense. It is the amount of sales revenue left over after all the variable expenses are covered that can be used
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Balanced Scorecard Joey Griffith BUS/475 March 31‚ 2014 Jeffrey Trapp University of Phoenix Balanced Scorecard A balanced scorecard is very helpful to any organization and should be viewed as a very important document throughout the company. Wal-Mart has developed a scorecard so that their customers can see what goals that the company wants to achieve and also how to achieve those goals. If you look at the scorecard on a regular basis‚ then you will know exactly
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UNITED STATES SECRET SERVICE Abstract The United States Secret Service was created in 1865 as a federal law enforcement agency within the Treasury Department. It derives its legal authority from Title 18‚ United States Code‚ and Section 3056. It was established for the express function of stopping counterfeiting operations which had spread out in our country following the introduction of paper currency during the Civil War. The Secret Service maintains its role as guardian of the integrity
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practical issues (both pro and con) with using the Gaps Model of Service Quality to understand and manage service quality? Servicers in the markets always face the challenge from the judgment of service quality by customers. Service quality‚ generally is taken satisfy customers into account‚ so that it is a critical factor from the perceptions of customer. It is the primary goal to providing a high quality service and customer satisfaction of the service industry currently (Huang‚ Huang & Chen
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The United States Postal Service (USPS) should not change nor should they go completely online‚ due to the amount of people without internet access‚ and for that‚ people would no longer be able to receive or send mail. Also many jobs would be lost if the United States Postal Service were to shut down and all go to other services as in United Parcel Service (UPS)‚ FedEx‚ or online. The United States Postal Service should not change due to the loss of jobs‚ the expenses of other postal services‚ and
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