INTERNATIONAL B-SCHOOL SUBJECT: FINANCIAL & COST ACCOUNTING Total Marks: 80 N.B.: 1)Allquestionsarecompulsory 2) All questions carry equal marks. Q1) ABC Ltd. Produces room coolers. The company is considering whether it should continue to manufacture air circulating fans itself or purchase them from outside. Its annual requirement is 25000 units. An outsider vendor is prepared to supply fans for Rs 285 each. In addition‚ ABC Ltd will have to incur costs of Rs 1.50 per unit for freight and Rs 10‚000
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Business Travel Improvement May 22‚ 2010 Business Scope Currently‚ our organization does not utilize the internet to make purchases for business travel pertaining to lodging‚ airfare‚ and transportation (car rentals). Our organization currently uses travel agents to facilitate this‚ which is very costly. By implementing a project to replace the travel agency with utilization of internet resources‚ we can improve our existing process of business travel requests‚ implement cost savings
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5 / ¼.5= .67%/ 22%= 3.05 Ch 22 #7 1. Key Question A firm has fixed costs of $60 and variable costs as indicated in the table on the following page. Complete the table and check your calculations by referring to question 4 at the end of Chapter 23. 1. Graph total fixed cost‚ total variable cost‚ and total cost. Explain how the law of diminishing returns influences the shapes of the variable-cost and total-cost curves Graph AFC‚ AVC‚ ATC‚ and MC. Explain the derivation and shape of each
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------------------------------------------------- Tourism and Travel Distribution: the Travel Agent’s Perspective By Dr Marion Bennett and Dr Dimitrios Buhalis‚ Centre for eTourism Research (CeTR)‚ School of Management‚ University of Surrey‚ Guildford Jan 2003 Summary The Internet has revolutionised the tourism industry and has generated a number of challenges and opportunities for all players. For travel agents‚ in particular‚ the Internet is changing the industry structure and consumer behaviour
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DOZENS of jobs at travel agents in Preston and Leyland could be under threat after a holiday company announced it was shutting 100 stores. Thomson tour holiday operator TUI Travel is undergoing a two-year restructuring process after a merger of TUI’s travel division and First Choice. The company has not said which of its 1‚100 UK stores will be closed or how many jobs are expected to be lost. advertisementTUI will keep the two travel agent brands‚ Thomson and First Choice‚ separate. There
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Boisseau 1 Needjie G.Boisseau Mrs Little English 083-006 6 December 2012 My career in Travel Nurse In earlyn1900’s‚nursing education was received primarily from hospitals rather than colleges or universities.New nursing students were responsible for taxs similar to that of maids-dusting‚scrubbing and doing dishes.These students typically worked 10 to 12 hoyr shifts‚even days a week‚for a period of two to three years
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1. The Travel Market can be segmented into 3 segments: Luxury travellers‚ Adventurers and Budget travellers. These segments are identified by demographics like age and income‚ psychological factors like personality‚ and benefits sought like needs and product features. Luxury travellers are usually older or middle-aged consumers who are already financially prosperous and look for relaxation and rejuvenation from their stressful positions. They can also be retirees. Luxury travellers will be willing
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especially if traveling to developing nations. It is important to note that some foreign countries require visas for business travel but not tourist travel. Therefore‚ when company representatives request visas from a consulate or embassy‚ they should notify the authorities that they will be conducting business. Business people should check visa requirements each time they travel to a ccountry because regulations change periodically. Contact an Export Assistance Center to learn about documentation requirements
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contributed their time and ideas are sincerely appreciated especially to our lecturer en Hassan bin Abdullah without his ideas and criticism‚ this report would probably not be completed and meaningless. Furthermore to mr Thomas Vellu‚ director of Aldyma Travel & Tour Sdn Bhd for give us fully support and cooperate in doing this report and all the worker in this company who help us. Gratitude also goes to fellows team‚ Muhammad Soleh b. Ismail‚ Mohd Khairi Adlan b. Mohd Roslan‚ Nur Afifah bte Abdul Aziz
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A travel agency’s main function is to act as an agent‚ selling travel products and services on behalf of a supplier. Consequently‚ unlike other retail businesses‚ they do not keep a stock in hand. A package holiday or a ticket is not purchased from a supplier unless a customer requests that purchase. The holiday or ticket is supplied to them at a discount. The profit is therefore the difference between the advertised price which the customer pays and the discounted price at which it is supplied to
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