the following sentence true? Manufacturing companies that benefit the most from activity-based costing are those where overhead costs are a _________ percentage of total product cost and where there is ___________ diversity among the various products that they produce. A) low‚ little B) low‚ considerable C) high‚ little D) high‚ considerable 17. Would factory security and assembly activities be best classified at an appliance manufacturing plant
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Agency Costs of Free Cash Flow‚ Corporate Finance‚ and Takeovers Michael C. Jensen Harvard Business School MJensen@hbs.edu Abstract The interests and incentives of managers and shareholders conflict over such issues as the optimal size of the firm and the payment of cash to shareholders. These conflicts are especially severe in firms with large free cash flows—more cash than profitable investment opportunities. The theory developed here explains 1) the benefits of debt in reducing agency
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relationships‚ costs and rewards play an influential role in our decision making process‚ where we determine whether we are going to continue engaging in a relationship or choose to terminate it‚ as explained in Doctor Lobel’s lecture on close relationships. This is a component of the social exchange theory that suggests humans are rational beings who evaluate each of their relationship’s worth based on an analysis of benefits and disadvantages. In the bigger picture‚ the theory of a cost-reward system
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Cost Theory in Economics A central economic concept is that getting something requires giving up something else. For example‚ earning more money may require working more hours‚ which costs more leisure time. Economists use cost theory to provide a framework for understanding how individuals and firms allocate resources in such a way that keeps costs low and benefits high. 1. Function * Economists view costs as what an individual or firm must give up to get something else. Opening a
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GROUP 4 PRESENTATION ON EARLY CONTINGENCY THEORIES OF EFFECTIVE LEADERSHIP CASE: FOREIGN AUTOSHOP ------------------------------------------------- According to the Encarta dictionary‚” a leader is somebody who guides or directs others to achieve a goal”. “A leader is a person who has a vision‚ a drive and a commitment to achieve that vision‚ and the skills to make it happen. Let’s look at each of those in detail”.A leader uses a wide variety of interpersonal skills to influence others to
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researcher can increase sample size with this technique Disadvantages ü Selection may be biased since the sampling is not random ü Technique is the least representative of the population ü This is also probability sampling with a possibility of high sampling error Quota Sampling In quota sampling‚ the population is first segmented into mutually exclusive sub-groups‚ just as in stratified sampling. Then judgment is used to select the subjects or units from each segment based on a specified proportion
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Students Drop School Dropping out of school is an issue faced by many teens today. I feel that there are many reasons why students want to and do dropout of school. Due to my research students use dropping out of school as a way to escape from their problems. Further in this paper I will provide you with the information telling you what I recollect the problems are. One of the greatest problems students have in countries such as the US is dropping out of school. I feel that the most
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achieve these things with our busy schedules. Low-maintenance landscaping is great for sellers who are out of town or who don’t have the time to look after a property. Let’s start with the lawn itself. Grass can be very time-demanding‚ as it requires regular watering and mowing. If you neglect a grass lawn‚ it will give away your secret by turning browning or growing into a messy jungle. Clover and moss are good alternatives to grass‚ because they are low growing and require little care. If an all-clover
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Cost/Benefit Analysis Evaluating Quantitatively Whether to Follow a Course of Action You may have been intensely creative in generating solutions to a problem‚ and rigorous in your selection of the best one available. However‚ this solution may still not be worth implementing‚ as you may invest a lot of time and money in solving a problem that is not worthy of this effort. Cost Benefit Analysis or CBA is a relatively* simple and widely used technique for deciding whether to make a change. As its
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if I Have Low Blood Pressure? Low blood pressure is not always a sign of a problem. But if you have symptoms of low blood pressure‚ your doctor can diagnose the condition and uncover the cause. Symptoms of dizziness and lightheadedness when you stand up from sitting or lying down -- with a decrease in your blood pressure -- may indicate a condition called postural hypotension. A wide range of underlying conditions may also cause your symptoms. It’s important to identify the cause of low blood pressure
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