A activity-based costing (ABC) Costing method that breaks down the organization into a set of activities‚ and activities into tasks‚ which convert materials‚ labor‚ and technology into outputs. activity time The time required to perform one activity at one station. adequate service The level of service quality a customer is willing to accept. aftermarketing Marketing technique
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Business Organization - Week 2 Amanda Ward BUS210 08/22/2013 Kathy Willis Business Organization - Week 2 Describe a business scenario‚ or multiple business scenarios‚ either real or fictional‚ that depict(s) each of the following forms of business organization: Joint –stock company Limited liability company Partnership Sole proprietorship A joint-stock company sells off stock certificates of ownership to investors in order to raise capital. Triad Financial‚ now known as Santander
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Characteristic of services Intangibility Unlike products services cannot be counted‚ measured‚ or felt. It is difficult to explain to the customer what a specific feature in the service will give to the customer. As services are intangible‚ the perceptions of customers regarding the service may differ at any given amount in time. Each customer will have a different perception and experience about the same service. But in a hotel the quality of service is not only dependent on the courteousness
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growth. Top management is determined to enhance the performance as well as the efficacy of the business by adapting a strategic decision support system (DSS) that exploits recent advances in the Information technology. This paper makes an attempt to formulate various strategies for BFF Ltd aimed at enhancing the organisational efficiency and performance. The paper first dwells on the concept of Business organisation in context of BFF Ltd and moves on management decision-making process across the
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"Miscommunications with a Brazilian Auto Parts Manufacturer”" in chapter 4‚ pg. 140. This case study gives an example an American businessman flying out of the country to do business on foreign soil‚ also‚ it has several questions at the end of the case study: 1) What are three of the cultural “missteps” that Wally Astor and his father-in-law‚ Henry Williams‚ made in this scenario? Why do you think this happened? 2) If this was a native of Brazil and advising American business representatives on what to do when
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neighbours’ cars. While chatting with a friend of mine who is a father of two kids‚ he conceded that he wouldn’t allow his boys to play such dangerous games like Konda Kondi or Layang Layang but he would rather have them spending hours on the PlayStation. As long as his children are safe‚ he would not mind the cost of frequent software or equipment upgrade. Running through the list of games they had access to‚ I spotted Grand Theft Auto. I told him that he and his children are paying the price
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multi-ethnic society‚ it is no surprise that Malaysia can be considered as a melting pot of different cultures coming from many different kinds of races. Malaysia is a country that is rich with many different kinds of traditions and arts from different traditional festivals‚ food‚ music‚ attire‚ arts‚ and also not excluding the performing art that will be found in any distinct culture all over the world- Dancing. According to Brittanica.com (2012)‚ dance is “the movement of the body in a rhythmic way‚ usually
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Professor Asarat October 25‚ 2012 Housewife A traditional family is not a family without a housewife. Housewives never use to be appreciated or accepted as it is today. It used to be that no matter the situation the wife would be a stay at home mom no matter what. But still even today a housewife is not appreciated that much‚ she is took for granted‚ and not acknowledged for the hard work that is done. The role of the traditional housewife is undervalued because it is not seen as a real
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Introduction The complex conditions of modern business and increase in almost all aspects of services operation have compelled the management of every service industry to place emphasis on the efficient and effective method of presenting its service. The need for marketing in service industry cannot be overemphasized‚ the degree of marketing activities in a company depends on the size of the market. Traditionally‚ executives in service industries have not been market driven. They have lagged behind
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PRINCIPLES OF MANAGEMENT III DEFINE ORGANIZATION; DISCUSS THE CHARACTERISTICS‚ IMPORTANCE AND ITS SIGNIFICANCE. INTRODUCTION: The word is derived from the Greek word ORGANON‚ itself derived from the better-known word ERGON which means "organ" – a compartment for a particular task. ORGANIZATION is the foundation upon which the whole structure of management is built. It is related with developing a frame work where the total work is divided into manageable components in order to facilitate the achievement
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