it’s important for most senior managers to have a sound knowledge of cost behaviour ie fixed costs‚ variable costs‚ semi-variable costs and sunk costs. Answer: Understanding cost behaviour helps manager in anticipation of changes in cost when there is a change in their activities like production‚ sales‚ inventory pile up etc. It provides good assistance in planning‚ cost management and decision making. A number of behaviour patterns exist ranging from fixed to variable and from linear to curvilinear
Premium Costs Variable cost Cost
Managing stress is a lifestyle. It is something that everyone will endure each day at some point whether they plan for it or not. People need to recognize the stressors‚ which is the potential to cause a stress reaction that are in their lives‚ and learn how to control it; so that it won’t cause a problem for them. Stress is not always a bad thing. There is good stress called ‘eustess’‚ and bad stress called ‘distress’. Stress is a normal physical response to events that make you feel threatened
Premium Anxiety Fight-or-flight response Force
HND in Finance Unit: Managing financial resource and Decisions Assignment: A Pizza Hut Franchise Compiled by: Binh Truong‚ MSc. Scenario A Pizza Hut Franchise After some years working in the tertiary sector including spells as a manager for a restaurant and as General Manager for a 5 star Sheraton hotel you have decided that it is time to start your own business. After looking around at the opportunities available you have de cided that a franchise of a fast food restaurant is a
Premium Cash flow Net present value Investment
The Effect of Behaviour Modification on Studying and Procrastination University of Sydney Abstract A study was conducted to determine the effects of behaviour self-modification on the number of hours spent studying and procrastinating. The 141 participants were second year University students studying Psychology. Baseline behaviour was recorded for both studying and procrastination followed by a treatment week where each student selected to modify either studying or procrastination
Premium Reinforcement Psychology Operant conditioning
Can attitude predict behaviour? It would seem reasonable to argue the existence of a link between attitude and behaviour and to further assume that it is those same attitudes that determine that behaviour. However‚ there are many variables to consider which may affect the strength of such a link. It is important to distinguish between the influence of different types of attitude (reference)‚ the first type being attitudes towards general entities and the second being attitudes towards more specific
Premium Prediction Futurology Psychology
Help By: Sidhartha Priyadarshi B13053‚ Sec A Introduction “No one has ever become poor by giving” – Anne Frank‚ diary of Anne Frank A very apt quote from Anne Frank. Helping others is a noble act. There is good and bad inside everyone. We are filled of various emotions – both good and bad. But if we focus on the good emotions and behaviour‚ it is going to add a lot of positivity in our life. Let us first look at what emotion is. Emotion is a subjective‚ conscious experience that is characterized
Premium Emotion
children’s positive behaviour. In my setting (First Steps Playgroup) the policy for positive behaviour states that good behaviour and discipline are essential to ensure a smooth and safe environment for everyone. Staff and students must be aware of this policy and understand the importance of their own role in promoting positive behaviour. Our policy not only covers the behaviour of children but also the behaviour of adults in the setting. Below are the main points of our behaviour policy:- At all
Premium The Child Child Reward
Consumer Behaviour: CHAPTER 1 Consumer behaviour and marketing strategy: * market segmentation * positioning strategy * new market applications * global marketing * marketing mix * consumerism‚ ethics and non profit marketing Consumer behaviour is product person situation specific * product specific * person individual * situation Consumer behaviour * a discipline dealing with how and why consumers purchase (or don’t purchase) products and services
Premium Marketing Decision theory Brand
that: inside the recesses of the human mind. Every day of your life is spent surrounded by mysteries that Show More involve what‚ on the surface‚ appear to be rather ordinary human behaviours. • What makes you happy? • Where did your personality come from? • Why do you have trouble controlling certain behaviours? • What does your self-esteem do? • Why do you behave differently as an adult than you did as an adolescent? Since the start of recorded history‚ and probably even before‚ people
Free Psychology Human behavior
of Planned Behaviour: A meta-analytic review Christopher J. Armitage* Department of Psychology‚ University of SheYeld‚ UK Mark Conner School of Psychology‚ University of Leeds‚ UK The Theory of Planned Behaviour (TPB) has received considerable attention in the literature. The present study is a quantitative integration and review of that research. From a database of 185 independent studies published up to the end of 1997‚ the TPB accounted for 27% and 39% of the variance in behaviour and intention
Premium Theory of planned behavior Psychology