on whether to introduce a new product or service line‚ to determine the appropriate sale price and the consequent market position for the firm’s product. Question 1) “Contribution” represents the portion of sales revenue that is not consumed by variable costs and so contributes to the coverage of fixed costs. To compute profit contribution that can be earned by carrying 1 ton of tapioca from Balik Papan to Singapore‚ dock to dock‚ and 1 ton of general merchandise goods from Singapore to Balik Papan
Premium Variable cost Costs Contribution margin
8.1 BINOMIAL SETTING? In each situation below‚ is it reasonable to use a binomial distribution for the random variable X? Give reasons for your answer in each case. (a) An auto manufacturer chooses one car from each hour’s production for a detailed quality inspection. One variable recorded is the count X of finish defects (dimples‚ ripples‚ etc.) in the car’s paint. No: There is no fixed n (i.e.‚ there is no definite upper limit on the number of defects). (b) The pool of potential jurors for
Premium Random variable Customer service Probability theory
proposed relations between these factors Before discussing the main dependent and independent factors of critical realism theory‚ we need to know what the terms ‘dependent factors’ and ‘independent factors’ mean. The independent factor is typically the variable representing the value being manipulated or changed and the dependent factor is the observed result of the independent factors being manipulated. The main dependent and independent factors that are being studied in critical realism theory are as
Premium Information Information system Management
Effects of the Industrial Revolution Working conditions What were the working conditions like during the Industrial Revolution? Well‚ for starters‚ the working class—who made up 80% of society—had little or no bargaining power with their new employers. Since population was increasing in Great Britain at the same time that landowners were enclosing common village lands‚ people from the countryside flocked to the towns and the new factories to get work. This resulted in a very high unemployment
Premium Industrial Revolution Middle class Factory
Business Environment Analysis Background Environmental analysis is a systematic process that starts from identification of environmental factors‚ assessing their nature and impact‚ auditing them to find their impact to the business‚ and making various profiles for positioning. A common process of environmental analysis or scanning is discussed in the following section. Environmental Analysis Process A business manager should be able to analyze the environment to grasp opportunities or face the threats
Premium Environment SWOT analysis Strategic management
Section 1 Internal environment and external environment Internal environment • Manager: On one hand‚ in order to understand a management situation of a company‚ the organization structure is the key issues which should be involved. Xin hua bookstore is being a traditional organization has the traditional structure that functional organization structure. This type of organization always has many layers including senior management‚ middle management and base management level in the pyramid
Premium Management Book
The macro environment Introduction Marketing’s role is to match the capabilities and resources within the organisation with market opportunities external to the organisation. Understanding customer needs is central to achieving this aim‚ but marketers must also be aware of factors that can cause customer needs to evolve. A change in customer needs will impact upon the organisation’s ability to serve its customers. This means that marketers have to be knowledgeable about what is happening in the
Premium Marketing Macroeconomics Economics
Company’s External Environment (External) Key economic and industry variables: Industry analysis (provide data to support): a. Industry size: b. Segmentation – geographic and product: Abercrombie and Fitch Co. started their business at West Cost of United State‚ because of the West Cost Mountains‚ camping gears and sporting goods were main products. However‚ under new management‚ A&F Co. opened a store on Beverly Hills‚ California. A&F Co. to aim rich‚ fitted‚ attractive‚ provocative
Premium American Eagle Outfitters Television Television program
the components of any organization’s macro environment and give an example for each component of a current major operational change or industry trend”. Macro Environment: The factors outside of the industry that influence the survival of the company; these factors are not directly controllable by the organisation. (Elliot‚ Rundle-Thiele‚ Walker‚ p.48) Components of the Marco Environment: There are six (6) major components of which the macro-environment is made up of; 1. Demographic 2. Economic
Premium Western world Mobile phone Recession
Title: Of Mice and Men Author: John Steinbeck Protagonist: George and Lennie Antagonist: Curly‚ Society Themes: The Predatory Nature of Human Existence‚ Fraternity and the Idealized Male Friendship‚ The Impossibility of the American Dream‚ Friendships‚ Isolation‚ Confinement Quotes: “We know what we got‚ and we don’t care whether you know it or not.”‚ “I got you to look after me‚ and you got me to look after you‚ and that’s why.”‚ “Maybe ever’body in the whole damn world is scared of each other
Premium Of Mice and Men John Steinbeck