Some people may think college isn’t worth it because you can get somewhat a good job without a college degree‚ but there is also people think that college is worth it. From my point of view i think it is good but what do you think? College graduates earn more‚ and are more likely to have a job in the first place and is especially important for some americans. When a student graduates from high school only 65% of them go to college which they will have a better‚ and more successful life after college
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Cost reduction Generally defined as the act of cutting costs to improve profitability. Cost reduction‚ should therefore‚ not be confused with cost saving and cost control. Cost saving could be a temporary affair and may be at the cost of quality. Cost reduction implies the retention of essential characteristics and quality of the product and thus it must be confined to permanent and genuine savings in the costs of manufacture‚ administration‚ distribution and selling‚ brought about by elimination
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Oil Corporation 4 What is Gulf worth? To assess their value we proceed as follows. 1. Identify key assumptions. Finding cost per barrel E&D outlays usually take a year to produce reserves. 1981 + 82 E&D outlays (Ex. 2) 1982 + 83 reserves (Ex. 3) Finding cost estimate $2‚696 + $2‚646 = $5‚342 314 + 359 = 673 bl $5‚342/673 = $7.94 Gulf Oil Corporation 2 Gulf Oil Corporation 5 A. Assessing value from E&D losses Profits per barrel: Less cost
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As a student‚ one of my greatest concerns regarding higher education is whether or not it is worth the price. Will I be left in debt with little to show for it? Scholars have argued for years that these concerns are justified and that the cost of higher level education is rising beyond the point of sustainability‚ resulting in an economic crisis. Robin Wilson‚ on the other hand‚ contends that such fears are exaggerated. Robin Wilson is a reporter for the Chronicle of Higher Education with 25 years
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resource scarcity is a problem. In these environments‚ managers may not be at all confident that they can understand‚ predict‚ and handle the external forces affecting their businesses. 3. What is the difference between the general and specific business environments? The general environment includes the economic‚ technological‚ sociocultural‚ and political trends that indirectly affect all organizations. The specific environment includes the customer‚ competitor‚ supplier‚ industry regulation‚
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Any time one decides to learn something new‚ or make some sort of positive change‚ there is going to be some work or effort involved‚ a price to pay. Just know that the price is worth it. Imagine being able to achieve anything you want! Imagine being able to have anything you want‚ be anything you want‚ do anything you want. You really can‚ if you know how. So when you think about a goal‚ something you want to achieve or accomplish‚ your mind might naturally go to what you don’t want or what you’re
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CAREER INTREST Allen L Johnson Jr BUSINESS COMMINICATION 275 OCT 8‚ 2014 WILLETRA BRITTIAN CAREER INTREST After finishing the career building activities and in-class discussion‚ I have a much better look of my career interests‚ work preference‚ and style of thinking. The exercise showed me to locate many personal short-comings that would have kept coming up unfixed. Learning the broad aspects of effective communication taught in the first week gave me good insight to my personal knowledge of the
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products. Chuck questioned if the current cost-management system was providing the management with accurate data about product costs. In a traditional‚ volume-based product-costing system‚ only a single predetermine overhead rate is used. All manufacturing-overhead costs are combined into one cost pool‚ a grouping of individual indirect cost items‚ and they are applied to products on the basis of a single variable that costs over a given time span (cost driver) that is closely related to production
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Cost Accounting – Classification of costs Cost accounting refers to a process of accumulating‚ recording‚ classifying and analyzing all costs incurred at various levels of production. The purpose of cost accounting is manifold. It provides a final selling price‚ suggests the best possible course of action where maximum savings are possible and a strategy for future. Cost accounting is also constructive in comparing the input and output results that ultimately aids the management to arrive at a financial
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------------------------------------------------- ASSIGNMENT ON COST CONTROL AND COST REDUCTION ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- -------------------------------------------------
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