THE BASICS OF REVENUE MANAGEMENT IDeaS © 2005 Integrated Decisions and Systems‚ Inc. ID-MK-100102-v1-YMBasic The Basics of Revenue Management by IDeaS TABLE OF CONTENTS TABLE OF CONTENTS ..................................................................................................................2 WHAT IS REVENUE MANAGEMENT? ........................................................................................4 When Is Its Use Appropriate? ......................................
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Revenue source Premium Service On the basis of the normal plan‚ Membook offers users premium service with additional subscription fees‚ which is regarded as one of the main revenue resources. Users can subscript to the premium service on a monthly or yearly basis‚ which charges $9.99/month and $99/year respectively. Our premium version provides more available themes and stylish templates. In normal version‚ users can choose the three basic themes: People‚ Life‚ and Events‚ and templates under
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Handout Cases on Revenue Recognition CASE 1 The Sea-Soft Water Company distributes its water softeners to dealers upon their request. The contract agreement with the dealers is that they may have 90 days to sell and pay for the softeners. Until the 90-day period is over‚ any softeners may be returned at the dealer’s expense and with no further obligations on the dealer’s part. If the water softeners are damaged while in the hands of a dealer‚ Sea-Soft agrees to accept the return of the
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Chapter 10 Auditing the Revenue Process SEC SAB101: Revenue recognition 1. 有persuasive evidence 有证据 2. Delivery occurred‚ service rendered，东西给了服务于需求 3. Price is fixed/determinable 价格固定 4. 有collectability钱收的回来 Fraud Risk in Revenue cycle: 欺诈风险 1. Side agreement: off-book‚ adjust record to entice customer 2. Channel stuffing: 填塞分销渠道，造成销售假象 inflate sales by forcing product through a distribution channel 3. Related party transaction: 实质重于形式原则substance over form是指企业应当按照交易或事项的经济实质进行会计核算，而不应当仅仅按照它们的法律形式作为会计核算的依据
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Revenue and sales maximization Revenue maximization Maximizing sales revenue is an alternative to profit maximization and occurs when the marginal revenue‚ MR‚ from selling an extra unit is zero. The notion that business firms (especially those operating in the real world) are primarily motivated by the desire to achieve the greatest possible level of sales‚ rather than profit maximization. On a day-to-day basis‚ most real world firms probably do try to maximize sales rather than profit. For firms
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Learning Outcome 6: Detail the roles and responsibilities of national and local government for education policy and practice. At the national level the Government sets their policies for how they will seek to develop and deliver‚ and change the strategic direction of‚ education in this country. The Government enacts legislation that applies to or effects eduction (for example‚ the Education Act 2011). The Department for Education‚ formed on 12 May 2010‚ is responsible for education and
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Steam generation cannot be improved after 55 percent or is not 100-- efficient. Steam generation controls over half of the developed world’s power. Steam power plants use a boiler in which high efficiency typically greater than 90% on the higher heating value. Some manufacturers claim that 98 can be achieved. Steam generation controls over half of the developed world’s power. Steam powerplants are dated back to well over 150 years. Ships have utilized the efficiency of boilers and there
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Strengths: Revenue Growth: In 2008‚ FedEx reported revenue of $38 billion; in 2012 the company reported revenue of $42.7 billion‚ representing a year over year annual growth rate of 2.96%‚ and while this may not seem like an explosive number‚ the caliber of growth is solid and expected to accelerate into the future‚ with 2015 revenues reaching nearly $49 billion. Established Distribution System: The company possesses a massive fleet of airplanes‚ trucks‚ locations‚ and employees‚ and is distinctly
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The Dumbest Generation- Summary **This generation is processing info----but only through digital devices** In The Dumbest Generation‚ Mark Bauerlein argues that the younger generation‚ also refered to as the “Dumbest Generation” is unbelievably ignorant due to the increase in technology and pop culture. He remarks that it almost takes effort to be THAT ignorant of what-should-be common facts. He goes on to reflect upon the fact that it is indeed these very people that are the “future of
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LIST OF FIGURES Figure Pages 1 Conceptual Framework 8 2 Location Map of University of Rizal System Pililla 20 3 Gantt chart of activities 46 ABSTRACT This study primarily aimed to assess the Factors Affecting the Study Habits of BSBA Students in University of Rizal System Pililla School Year 2012-2013. The subjects of the study werethe 250 of the BSBA Students in University Of Rizal System Pililla school year 2012-2013. The instrument was consisted of two
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