Throughout the corporate world‚ businesses are transforming labor into a more flexible (and variable) cost. Among such companies are Hewlett-Packard‚ General Electric‚ DuPont‚ Sun Microsystems‚ and British Airways. Discuss whether direct labor is a fixed or a variable cost. What are the pros and cons of management treating direct labor as a variable cost? Are there ethical issues to be considered here? Direct labor can be classified as a fixed cost or a variable cost‚ depending on how flexible
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Huang (2008): ‚ The International Journal of Human Resource Management‚ 19:5‚ 896-915 To link to this article: http://dx.doi.org/10.1080/09585190801993893 PLEASE SCROLL DOWN FOR ARTICLE Full terms and conditions of use: http://www.tandfonline.com/page/terms-and-conditions This article may be used for research‚ teaching‚ and private study purposes. Any substantial or systematic reproduction‚ redistribution‚ reselling‚ loan‚ sub-licensing‚ systematic supply‚ or distribution in
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or WHERE IN THE WORLD IS DISNEY? BFP1100 Professional Development 1 Assessment 3a Summated date: 25/01/2012 Executive summary This report aims to describe about the Disneyland in Rio de Janeiro. At first the fun entertainment Disney land came from the Paris which was opened in July 1955 and was operated by the French company. With huge population and its good profit it then expands to other country in Japan‚ Hong-Kong but due to culture and language issue it didn’t get that profit they
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2American History Board Outline Chapter 11 Chapter 11: The First World War Textbook: The Americans--2003 Section 1: World War I Begins --Jeannette Rankin: The first woman elected to Congress (U.S. House of Representatives) a. Against WWI A. Causes of WWI --Many Americans wanted to stay out of the war. --Historians cite four long-term causes of WWI a. nationalism b. imperialism c. militarism d. formation of a system of alliances 1. Nationalism--a devotion to the interests and
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narrowed partly due to lower gold imports. The new rules will hurt Titan’s cash flow as the company is now required to pay cash upfront without getting any credit period for gold purchases. Earlier‚ it was allowed to enter into gold lease agreements of 90-180 days. Sales growth has also dropped for Titan this year as consumers cut spending on non-essential items due to slowing economic expansion and high inflation. Still‚ India remains among the top two consumers of gold in the world and demand for the
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the Labor Agreement by using Glass Department employees to work overtime and temporary transferring employees into the department to work when Mr. Ronald Petrie was laid off? Should the company have called Ronald Petrie back to work? The Glass Department consisted of five employees‚ on March 20‚ 1997 the company laid off Ronald Petrie leaving four employees to work the department. On April 3‚ 1997 an employee retired now leaving only three people to work the department. After laying-off an employee
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Financial Accounting Standards Board issued Statement No. 121 "Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of". The statement established accounting standards for the impairment of long-lived assets‚ certain identifiable intangibles‚ and goodwill related to those assets to be held and used. The statement also established accounting standards for the disposal of long-lived assets and certain identifiable intangibles. (fasb.org/stsum121) However‚ shortly after
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World War One was a turning point in history. Many scholars study this event and what caused this huge conflict. Germany used to be the sole one responsible for this war‚ but many controversial debates later‚ the blame was gradually put on the other great powers of Europe as well. In this essay‚ I will be analyzing the main causes of WWI‚ especially targeting the long-term causes. Most of these causes and events may be classified into 4 main themes: imperialism‚ the alliance system‚ militarism &
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Overview Long Term Capital Management (LTCM) was a hedge fund founded by John Meriwether in 19941. Meriwether was the former vice-chairman and head of bond trading at investment bank Salomon Brothers. Meriwether put together a high profile team of traders and academics in an attempt to create a fund that would profit from the combination of the academics’ quantitative models and the traders’ market judgment. Some of the high profile employees brought on were Nobel-prize winning economists Myron
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Date: Topic: Production Possibilities & Opportunity Cost 1. The slope of the production possibility frontier shows A. the technically efficient combinations of the two goods B. how factor inputs must be changed to keep them fully employed C. the opportunity cost of one good in terms of the other D. how consumers are willing to trade one good for another 2. A. OM B. OH C. YF D. MH 3. Which of the following will not shift a country’s production possibilities frontier outward
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