Universidad Tecnológica de Panamá Science and Technology Faculty Executive Bilingual Communication Subject: Marketing and Advertisement Professor: Ricardo Cajina Essay of “Multicultural Marketing” - Student: Aguilar‚ Aleyka 8 – 883 – 276 Date: Monday‚ September 1st‚ 2014 Kellogg’s Case of Study 1. Explain what is meant by a premium brand. A= A premium brand is a brand that gives consumers a good impression‚ a brand in which consumers have faith and rely on‚ a brand that
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COST ACCOUNTING Select the one best answer for each: 1. Which one of the following would not be classified as manufacturing overhead? a. Indirect labor b. Direct materials c. Insurance on factory building d. Indirect materials 2. Prime costs of a company are $3‚000‚000‚ manufacturing overhead is $1‚500‚000 and direct labor is $750‚000. What is the amount of direct materials? a. $1‚500‚000. b. $750‚000. c. $2‚250‚000.
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Chapter 1 Basic Cost Concepts Learning Objectives • To understand the meaning of different costing terms to understand different costing methods • To have a basic idea of different costing techniques • To understand the meaning of cost sheet In order to determine and take a dispassionate view about what lies beneath the surface of accounting figures‚ a financial analyst has to make use of different management accounting techniques. Cost techniques have a precedence over the other
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Many people are suffering from treat phobias‚ PTSD‚ burns and phantom-limb syndrome. Facing these problems‚ virtual reality (VR) is employed to help people with misery. In “Total Immersion: How VR Is Transforming Everything from Education to Medicine‚” Liat Clark describes how VR impacts healthcare industry. She begins this essay by illustrating an example to show VR’s effect on improving patient’s condition and treating phobias. Chris Merkle‚ an American soldier‚ watches one of his most exhausting
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ECO561 1. Purely competitive firms increase total revenue by * increasing production (To increase revenue‚ firms look to increase price or quantity‚ as price multiplied by quantity equals total revenue. Purely competitive firms can sell as much as they want at the market price. Adding additional units of the product does not result in a change in the market price. Therefore‚ since purely competitive firms do not influence price‚ they increase total revenue by increasing quantity). 2. What are
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Assumptions made: 1. In the case we were given 4 positions‚ we took into consideration the Total Cost to Company (TCC) for each position to decide upon the hierarchy in organization XYZ. The hierarchy is shown in the descending order below: Job Positions | Total Cost to Company | Head Finance | 3746 | General Manager- Finance | 2251 | Senior Manager Finance & Accounts | 1063 | Manager Finance & Accounts | 0526 | 2. We assumed that the post of the Senior Manager Finance
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Costs of Production July 2011 Topics to be Discussed Measuring Cost: Which Costs Matter? How do Cost Curves Behave? – Cost in the Short Run – Cost in the Long Run How to Minimize Cost? How to draw Implications for Business Strategy? Topics to be Discussed Production with Two Outputs: Economies of Scope Dynamic Changes in Costs: The Learning Curve Estimating and Predicting Cost Measuring Cost: Which Costs Matter? Accountants tend to take a retrospective view of firms’ costs‚ whereas
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manufacturing cost categories. LO2 Distinguish between product costs and period costs and give examples of each. including calculation of the cost of goods sold. LO4 Prepare a schedule of cost of goods manufactured. LO5 Understand the differences between variable costs and fixed costs. LO6 Understand the differences between direct and indirect costs. LO7 Define and give examples of cost classifications used in making decisions: differential costs‚ opportunity costs‚ and sunk costs. LO8
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Topic 6: Management Accounting and Cost Case: Shelter Partnership a. My main learning outcomes from Topic 6 and the Case Study; 1) Firstly‚ I realize management accounting has much to offer. Somehow I can handle physics but not accounting. Now thanks to this course I can appreciate and make sense of it. The bit that really caught my attention was seeing how management accounting can be really useful for business planning‚ cost management‚ budgeting and performance measurement. It offers
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Topic Total Productive Maintenance. TOTAL PRODUCTIVE MAINTENANCE INTRODUCTION: We expect our machines to work without failures‚ produce high quality output‚ at the same time consume very less manpower‚ raw materials‚ electrical energy‚ tools/ consumables etc‚ but this is highly difficult to realize in practice unless they approach is towards identifying the losses and eliminating them. Total productive maintenance‚ shortly termed as TPM‚ provides means to achieve and maintain high levels
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