Advantages of marginal costing (Relative to the absorption costing) Preparation of routine operating statements using absorption costing is considered less informative for the following reasons: 1. Profit per unit is a misleading figure: in the example above the operating margin of Rs2 per unit arises because fixed overhead per unit is based on output of 5‚000 units. If another basis were used margin per unit would differ even though fixed overhead was the same amount in total 2. Build-up or run
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Discuss what is meant by sustainable competitive advantage Sustainable competitive is what all the companies want to gain it and maintain it‚ it can let the company to keep the position of market leadership and let the company be successful. Evans et al. (2003‚ p.225) states that “no advantage is sustainable for ever‚ as competitors will seek to imitate it. “It has told that a sustainable competitive advantage it should be unique and can’t be copy easily by the competitors‚ also Evans et
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What are the opportunities and risks to integrate both entities? Brown reflected that IDEO was learning [from OpenIDEO] at a rate that he has not seen Ideo do for a while ... and‚ according to him‚ the rate of learning is one of the single most important indicators of sustainability of any organization. Therefore‚ it is relevant to underlines the pro and cons of such an integration to assess if it is profitable or not to integrate both entities. On the one hand‚ sponsors have to understand
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What are the advantages and disadvantages for a company going public? An initial public offering (IPO) is the first sale of stock by a company. Small companies looking to further the growth of their company often use an IPO as a way to generate the capital needed to expand. Although further expansion is a benefit to the company‚ there are both advantages and disadvantages that arise when a company goes public. There are many advantages for a company going public. As said earlier‚ the financial
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WRITTEN REPORT CHAPTER 5 STRATEGIES IN ACTION FMA42FC1 – BUS 403 DAROY‚ KAREN CALAÑGIAN‚ EVA ISABEL SORIANO‚ JOCEL VILLANUEVA‚ EDNALYN Long Term Objectives Performance goals of an organization‚ intended to be achieved over a period of five years or more. Long-term objectives usually include specific improvements in the organization’s competitive position‚ technology leadership‚ profitability‚ return on investment‚ employee relations and productivity‚ and corporate image
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Affirmative Action in the Workplace When you think of affirmative action in the workplace do you think of equal rights for all‚ or just equal rights for minorities. Affirmative action is the extent to which employers make an effort through their personal practices to attract retain‚ and upgrade members of the protected classes of the 1964 Civil Rights Act‚ (Bernardin & Russell 2013). In easier terms affirmative action is known to be the equal opportunity measures that Federal contractors and subcontractors
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What are the main risks faced by banks and how does a bank attempt to manage these risks? A Bank is a financial intermediary that acts as an economic firm producing goods and services. With this view in mind it’s easy to see that a bank exists to make a profit. In order for a bank to be successful and make a profit‚ it has to take risk. A bank that is averse to risk will be a stagnant institution unable to adequately serve its customers effectively and produce a profit. However‚ a banking institution
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Business Management Study Manuals business growth Diploma in Business Management MANAGEMENT IN ACTION The Association of Business Executives i Diploma in Business Management MANAGEMENT IN ACTION Contents Unit Title Page iii v 1 2 3 11 12 12 13 17 21 25 26 32 53 62 67 68 77 81 97 103 105 105 110 113 114 116 120 125 126 Introduction to the Study Manual Syllabus 1 Synoptic Studies: Applying the Key Theories and Concepts from Other Modules The Synoptic Approach The Key Theories
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In the United States federal courts‚ class actions are governed by Federal Rules of Civil Procedure Rule 23 and 28 U.S.C.A. § 1332 (d). Class action lawsuits may be brought in federal court if the claim arises under federal law‚ or if the claim falls under 28 USCA § 1332 (d). Under § 1332 (d) (2) the federal district courts have original jurisdiction over any civil action where the amount in controversy exceeds $5‚000‚000 and either 1. any member of a class of plaintiffs is a citizen of a State
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Action Response is a London-based charity dedicated to providing fast responses to critical situations throughout the world. The charity receives requests for cash aid usually from an intermediary charity and looks to process the request quickly and provide funds where they are needed‚ when they are needed. It was founded to provide relatively short-term aid for small projects until they could obtain funding from larger donors. Generally‚ Action Response is regarded as one of the success stories
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