ASSIGNMENT ON COST CONTROL AND COST FREDUCTION SUBMITTED BY‚ MOHAMMED NAFAISE E.K ROLL NO: 1600 COST CONTROLL & COST REDUCTION COST CONTROL The practice of managing and/or reducing business expenses. Cost controls starts by the businesses identifying what their costs are and evaluate whether those costs are reasonable and affordable .Then if necessary
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Winning Isn’t The Most Important Thing Vince Lombardi’s famous saying "Winning isn’t the most important thing. It’s the only thing" is unfortunately the motto of too many athletes today. Although winning is important and sports are‚ and should be taken seriously‚ by far‚ winning isn’t the only thing. Putting everything you have and giving one hundred percent to the effort is also very important to competition. A team that puts everything they have into a game and comes out the losers‚ has
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Are we winning the war on drugs? In my opinion‚ I think we have made serious strides to control the use‚ sale and distribution of illegal drugs‚ although‚ the battle has been not been won. Americans spent almost sixty-four billon dollars on illegal drugs in 2000. That’s over three times as much as the government spends fighting drugs.[1] Today‚ the government spends hundreds of billions of dollars on the war on drugs. Most of our drugs are imported from Mexico and Columbia‚ mostly marijuana and
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help kids learn how to win and lose gracefully. Many people believe that competition is good for kids and some people have even written books about what they think about competition. According to Po Bronson‚ author of book Top Dog: The Science of Winning and Losing‚ “If kids don’t learn to lose they’re going to feel entitled to win‚” said Bronson. “They’re also going to make a connection that fear of losing is going to prevent them from taking the risk in the first place. And what kids do need to
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Is That All There Is? Joe Lessard Leaving City Post BY KAYTE VANSCOY‚ FRI.‚ JULY 31‚ 1998 Assistant City Manager Joe Lessard photograph by John Anderson The rumors started over a year ago‚ but it should come as no surprise to those familiar with the protracted pace of city government that it took this long to hear that Assistant City Manager Joe Lessard would be leaving his post at the city of Austin. Last June‚ when the then-new City Council took a retreat with upper-level city staff‚ the scuttlebutt
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The 2003 sports novel “Moneyball: The Art of Winning an Unfair Game” by Michael Lewis‚ is the true story of Oakland Athletics‚ an American professional baseball team‚ as they try to build a competitive team with a limited financial budget. The General Manager of the Oakland Athletics‚ Billy Beane‚ realizes that his team can never compete in free agency against teams with twice as large budgets and begins to implement a sabermetric approach. Sabermetrics is identifying and exploiting market inefficiencies
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Managing an Award Winning Supply Chain Transformation Programme – The Lego Story The Lego Story Presented by Egil Møller Nielsen‚ Vice President‚ Global Distribution Logistics LEGO Global Distribution Logistics‚ LEGO 12 October 2010 Short introduction to the LEGO story The Supplier of choice In October 2008‚ LEGO won the prestigious European Supply Chain Excellence Award in the "Logistics and Fulfillment” category. The award recognized the supply chain changes that had been accomplished
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How to Create a Winning Business Idea--in Six Easy Steps I often meet business founders whose minds are overflowing with brilliant ideas for new products. They seem to develop terrific new concepts every single day of their lives. They are watchful‚ always inquiring‚ perceptive and continually seeking (and often finding) the next big thing. Their never-ending challenge is to pick a winner—(only one!)–out of scores of possibilities‚ and run with it. On the other hand‚ I listen to intelligent
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Chapter #3 Question 1 After winning the lottery‚ participants are often offered a choice between a flat amount immediately and a larger total sum paid out over time. Consider an example where a person has a choice between $100‚000 per year for 20 years ($2‚000‚000 total) or an immediate payment of $1‚200‚000. Consider how interest rates impact the choice that should be made. A. The equation to calculate the discounted present value of 20 annual payments is: Present value = $100‚000/(1 + i) + $100
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IHG’s corporate strategy: ‘The winning ways’ IHG’s mission statement is: ‘to become the greatest company in the world through creating great hotels guests love’. IHG’s road map for growth is dependent on engagement and high performance from the entire workforce. In order to achieve this‚ IHG designed a set of values‚ known as ‘the winning ways’. The winning ways serve as ‘a road map’‚ which enables IHG to reach their long-term vision. IHG’s winning ways will act as the foundation for how
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