RECOGNITION OF OPPORTUNITY COST AND RELEVANT COST: A TOOL FOR EFFECTIVE BUSINESS DECISION MAKING BY IWUCHUKWU UCHENNA IWUAKU O9AA08549 ACCOUNTING 300L LECTURER: MRS OBIGBEMI INTRODUCTION The role of opportunity cost and relevant cost cannot be overemphasized in the making effective decision making. They work hand in hand in making sure that the company makes the best economic decision‚ they are both used in making managerial decisions at every level of planning and decision making. To buttress
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After reading the information about "Shut Down Your Screen Week?"‚ I have decided to support the idea. Even though I really enjoy playing on my electronic devices‚ spending more time with family is more essential to life. Electronics also distract someone if they are used too much. Even worse‚ too much electronic stimulation can dull the brain. Numerous scientists have studied how electronics affect our everyday lives. We need to analyze our lives and see if electronics is taking up to much of it
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Shut down your screen day A “Shut down Your Screen” day is a day where students do not use their computer all day. A “Shut Down Your Screen” day would not benefit students‚ because there are a lot of good online resources to help students learn‚ Students need to learn how to use computers‚ and having computers makes everybody more social. Of course there are many good things about using computers such as good online resources that help students learn. Many people think that having computers make
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I love the internet‚ you can do anything. But this comes with a cost we must use a lot of energy for this.We could always cut off our devices every once and a while. But Our school should not participate in"Shut Down your Screen week’. Before the technology was like it is now the Greeks hated it. 2‚000 years ago the Greek philosopher Socrates complained about the technology.He wasn’t talking about the stuff we have today‚ but actually writing.He believed writing would create forgetfulness in
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Our school should participate in the “Shut Down Your Screen Week”. Phones are a distraction. If students put their devices down they would probably focus more. Students thinks the phones are they main priority. Phones can be a distraction. I think we all should shut our phones off and try this experience. It can really open up our minds more. One example phones are a distraction is that sometimes I will pick my phone up and check messages and get on social media.Some of theses things can wait until
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Decisions Involving Alternative Choices Structure: 13.1 Introduction Objectives 13.2 Decision Making 13.3 Types of Costs 13.4 Types of Choices Decisions 13.5 Make or Buy Decisions 13.6 Addition / Discontinuance of a Product line 13.7 Sell or Process Further 13.8 Operate or Shut down 13.9 Exploring New Markets 13.10 Maintaining a desired level of profit 13.11 Summary 13.12 Terminal Questions 13.13 Answers to SAQs and TQs 13.1 Introduction In the previous unit we learnt about Marginal
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on creating more and more facilities for their customers. Hospitality facilities management and design is a book that is dealing with management of different facilities in the hospitality industry. This is a classic book that has dealt with all aspects of hospitality management. David M. Stipanuk is the author of this book. The first chapter of this book entails The Role‚ Cost and Management of Facilities in the hospitality industry. The role of a hospitality facility is to provide an appealing
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and monopoly in the market and overall regulation of the market in the USA were laid down in the USA‚ just as the US Constitution too was shaping up. The genesis of all this was in the Sherman Antitrust act in the year 1890. That act strove to control the market environment by putting a tight leash on trusts‚ organizations and companies which went against that act. To complement and strengthen this Sherman act‚ which later on turned out to be the basis of anti trust litigation by Federal government
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What is National Shut Down Your Screen Week? Shut Down Your Screen Week is when you shut down all electronic devices at school everyday for a week. They say that electronics distracts the brain‚ they also say it’s okay to use your electronic devices to help your school work. Technology helps us in a big way‚ they help us with our homework and assignments‚ they help us study for that big test by using flashcards and practice tests‚ and they help us understand a subject or a topic that we don’t understand
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enjoys the countless apps he has installed for entertainment. A large number of people in today’s world feed their short attention span with electronic devices. Electronic devices promote distraction‚ lead to social isolation‚ and are addictive. Shut Down Your Screen Week is an excellent idea because the internet causes people to become distracted. The amount of information stored on the internet promotes a lack of concentration on whatever you are trying to research. Nicholas Carr‚ an author‚ writes
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