Discuss the opportunity cost of getting your MBA. What steps and economic factors must a student make when choosing between getting a degree and taking another route in life? Feel free to include aspects from your own decision to pursue your MBA. When considering to starting an MBA program‚ there are many questions that you have to ask yourself. Can I afford the program? Will it help me to become more marketable in the job industry? Will I have time to dedicate into completing coursework?
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11 Allocation of Joint Costs and Accounting for By-Product/Scrap Objectives After completing this chapter‚ you should be able to answer the following questions: LO.1 LO.2 LO.3 LO.4 LO.5 How are the outputs of a joint process classified? What management decisions must be made before beginning a joint process? How is the joint cost of production allocated to joint products? How are by-product and scrap accounted for? How should not-for-profit organizations account for the cost of a joint activity?
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Any monetary costs from going skiing‚ as well as anything you lose by going skiing‚ wages or time studying. The cost of skiing instead of going to the library to study is the costs associated with skiing along with the knowledge that could of be gained by going to the library. Since the cost of going to the library cannot be measured in monetary terms‚ it will vary from person to person. A person who needs to study for a final to be taken on Monday may give up more than someone who is going to the
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ENG 101 (30) Mr. Clifford 20 March 2013 What You See‚ Is Not Always What You Get When you hear the word janitor‚ obviously nothing glamorous comes to mind. All we think about is scrubbing toilets or mopping floors‚ basically cleaning up after other people who most of the time show no appreciation. When asked what comes to mind when you hear the word janitor‚ some people would say someone who is poor and not well educated. Not very many
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Conflicts of interest‚ shifts in corporate culture‚ heightened competitive pressures‚ and lack of regulatory oversight created a perfect storm that enveloped the entire economy. The mortgage crisis was a result of too much borrowing and flawed financial modeling‚ largely based on the assumption that home prices only go up. Greed and fraud and easy money also played important parts before the mortgage crisis. Our history gives us some very good lessons (like “great depression” in 1929) on what not to
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We are Chris and Pat Smith‚ and we are entrepreneurs with five years of experience and we like to invest in small businesses. We decided to invest in this catering company with the two chefs J.P. Martin and L.L. Miller‚ who have culinary science degrees and five years of work experience‚ which includes winning a prestigious prize in a gourmet food competition. So we all decided to set up a catering service called “At Your Service”. This catering service was set up to provide services for wedding
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healthcare spending in the U.S. was at .25 percent. It slowly started to increase for about six decades but then went back down in the early 60’s. When Medicare (a federal medical program for 65 years and older) and Medicaid (a federal medical program for the poor) began in 1965 and 1966‚ the healthcare spending rate went up 2 percent then it was up 3 percent by 1980. Since then it’s steadily gone up as high as 7.54 percent. There are several factors as to why the healthcare costs have soared so much
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U.S Healthcare Spending Healthcare spending is currently at an all-time high in the United Sates. Staying healthy in United State of America is really expensive without health care insured. New medical technology cost has growth and median income of family tax is getting increase. New medical technology confers benefits cost has growth to five specific condition: hearth attacks‚ low-birth weight babies‚ depression‚ cataracts‚ and breast cancer. Most of the people with healthcare insured more
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Would You Have Quit? If I was a soldier in the American Continental Army during the Valley Forge time period‚ I would probably have quit the war. The reason that I would want to quit is i wouldn’t want to fight in a war‚ at all. I don’t think that fighting and killing is the answer to a country’s problems. However‚ if i was in the war then I would have quit because times were hard for the soldiers and for the people who were supporting the war‚ the Americans were losing the war‚ and they were
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friends. As I have progressed‚ I have become more focused on results. At this moment‚ I have learned that I value others opinions on topics‚ but not so much as what they think about me. If If I can make something happen in a productive manner that is for the good of all‚ I have no problem doing it even if it destroys some of the relations that I currently have.
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