resources consumed by the various activities which produce that product or service. Products and services in themselves do not cause costs to incurred. Rather work itself consumes resources which in turn incur costs. Why it should be used? (the Benefits) • Bringing cost and operational information to the level needed for management decisions • Gaining tighter control over overhead and indirect costs • Pricing products/services more accurately • Establishing foundation for activity-based management
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need motivation‚ here is a list of scientifically proven health benefits that regular exercise brings. Longevity. People who are physically active live longer. According to a 20 year follow-up study‚ regular exercise reduces the risk of dying prematurely. New brain cell development‚ improved cognition and memory. Exercise stimulates the formation of new brain cells. Researchers found that the areas of the brain that are stimulated through exercise are responsible for memory and learning. For instance
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Benefits of Marijuana Today’s society judges marijuana by all of its negative effects‚ but what about all of the positives? They are commonly overlooked. Marijuana is a very versatile plant that has been used in many applications over the past 12‚000 years‚ from spiritual purposes to making cars. Lets take a look at some of the positives‚ and you can form your own opinion about whether marijuana is a friend or menace. Marijuana has been used for centuries for medicinal purposes. It was sold legally
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Quality Initiatives Aiming for 120% product quality “We have to aim for 120% product quality. If 99% of the products we make are perfect‚ that would seem like a pretty good record. However‚ the customers who become the owners of the remaining 1% will surely consider their products 100% defective. It is unacceptable that even one customer in a thousand–even one customer in ten thousand–should receive a defective product. That’s why we have to aim for 120%.” When founder Soichiro Honda said this
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produce. But when ethics is associated with marketing‚ it can’t go on one direction. It is like oil and water which does not mix together. What is marketing? Marketing is a societal process by which individuals and group obtain what they need and through creating‚ offering‚ and exchanging products and value with others (Kotler‚2002). Marketing revolves around product‚ price‚ promotion‚ place or distribution and this is generally called as marketing mix. When it comes to selling of a product‚ marketing
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PRODUCTION AND OPERATIONS MANAGEMENT Chapter 17 QUALITY MANAGEMENT Chapter 17 Quality Management Benefits of Quality Control I. II. Minimum scrap or rework due to reduced defectives. Reduced cost of labour and material as a result of reduced defectives. III. Uniform quality and reliability of product help in increasing sales turn over. IV. Reduced variability resulting in-higher quality and reduced production bottle necks. V. Reduced inspection and reduced inspection costs
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It was 1868 when Dr. Jean Charcot discovered hardening of the plaques during an autopsy he was performing. He called it “Sclerosis in plaques‚” also known as Multiple Sclerosis and today that affects more than 2.1 million people worldwide. MS is a chronic autoimmune disorder caused by the destruction of the myelin sheath that covers nerve fibers in the CNS. Myelin is the insulator of nerve conduction and it allows the signals to travel at fast speeds. During MS‚ demyelination occurs causing the nerves
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challenging task to improve product quality and service quality.Quality is the cornerstone of survival for a company. The history of numerous successful companies show that quality is also the dominant factor‚ especially for the Japanese company. To combat with the competition of North American’s company‚ quality become the most effective weapon for them to gain a remarkable market place in global. More and more companies are finding it necessary to to achieve high quality‚ and consider it a major strategy
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Theory of Multiple Intelligence Theory of multiple intelligence Intelligence can be defined as the combined or comprehensive capability of an individual to act purposefully‚ rationally and to manage effectively within the environment (Wechsler‚ 1944). Intelligence is also conceived as the sum of three parts: abstract‚ mechanical and social intelligence (Thorndike 1920; Thorndike‚ Bregman‚ Cobb‚ & Woodyard‚ 1927). However‚ Howard Earl Gardner perceived intelligence as ‘the
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Learning through Multiple Intelligences Seminar/Workshop Content Outline: PART I – Explanation 1. What is the theory of multiple intelligences (M.I.)? 2. How does this theory differ from the traditional definition of intelligence? 3. What do multiple intelligences have to do with my classroom? 4. How has M.I. theory developed since it was introduced in 1983? 5. Who are the critics of this theory and what do they say? 6. What are some benefits of using the multiple intelligences
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