units now. Price per unit is Rs.100/- The cost per unit is Rs.90/- Break up of this is as follows – Marginal cost Rs.40/- Manufacturing cost Rs.30/0 (30% fixed) Selling cost Rs.10/- (20% fixed) Administrative cost Rs. 10/- (20% fixed) When company works at 80% capacity‚ selling price would fall by 5% and material cost would go up by 5%.At full capacity‚ selling price would fall by 8% and material cost would go up by 8%. Calculate profit
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Revenue means income. Allocation means to divide. Revenue allocation is defined as the division of available resources within an organisation or company. At a broader level‚ it is the process of assigning a cost to the amount of services and products generated. Government revenue is obtained from taxes‚ licenses and fees and allocated to public facilities. Because of the current revenue allocation formula in Nigeria‚ though there is a great deal of wealth in the country from the oil industry‚ 64%
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At first‚ most people must have laughed at the idea of a chain of restaurants selling identical products all over the country‚ but little did they know that the genius idea that they had mocked would go on to revolutionise the business environment of the future. McDonald’s is now the international market leader for fast food‚ and has been ever since its pioneering first restaurant was launched in San Bernardino‚ California in 1948. Historical Background The original founders of McDonald’s‚
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Wilfrid: Yeah same here‚ Im Wilfrid ‚ It is a great pleasure for us to be here today. Wai Mun: And im Wai Mun‚ we are the Year 1 Sem 1 student of Bachelor of Communication (Hons) Public Relations in Universiti Tunku Abdul Rahman (UTAR)‚ and will be your MCs for this ceremony. The ceremony will be starting shortly. We would appreciate it if you can kindly switch your mobile phones to silent mode. Thank you for your cooperation. Wilfrid: And now‚ let rise up and put our hands together to welcome the arriving
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Revenue allocation is the distribution of revenue‚ or total income‚ through a business‚ corporate or government structure. It often involves a complex process of determining how and where to funnel revenues in order to best maintain the viability and operating structure of an organisation. The present formula gives the Federal Government 52.68 per cent‚ state governments 26.72 per cent and local governments 20.6 per cent. llllllllllllllllllllllllllllllllllllllllllllllllllllllllllll- llllllllll
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[pic] MY Own business that I will talk about is MC Donald’s. MC Donald’s Company have more than 33‚500 local restaurant serving 68 million people all over the world. MC Donald’s has started in Egypt since 1994 and it’s owned by Manfoods company which Mr. Yassein Mansour is the president and managing director. When MC Donald’s have started in Egypt ‚ they began with two restaurants only min Cario districts of Helipolis and Mohndseen. Now they have more than 59 branches ‚ and
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keting strategy Introduction of marketing strategy Marketing strategy is very much important for developing any of the business. Without it ‚ the effort of the business to attract customer is random and very inefficient . the main focus of your strategy must make sure that your product should fulfill the demands of the customers and as well as it maintains the long term relationship with those consumers. To achieve this‚ you will have to initiate flexible strategy that responds to change in customer
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Allocate Resources and Develop Budgets The resource allocation and budgeting process is one of the most powerful stages of planning. Resource allocation refers to the distribution of resources‚ and in particular finance‚ from the center to peripheral (outer) levels. Budgeting implies the more detailed determination of precisely how these funds are to be used. - Managers allocate resources to carry out the plan such as o Money o People o Materials o Equipment and o Time - Sales budget is
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himself. After failing high school‚ his parents sent him to the School for Architecture and Decorative Arts in Haarlem‚ Norway. After only one week attending this school‚ he expressed his desire to study graphic art instead of architecture to his father. (MC Escher Foundation) His father was supportive‚ being happy that M.C. was interested in something‚ and was encouraged when M.C.’s teacher‚ Samuel Jessurun de Mesquita expressed many reassurances that M.C. was very talented and suited for this field of
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Economics is the allocation of scarce resources among competing ends. To some extent‚ virtually everything is scarce - money‚ food‚ water‚ dates for the prom... but some resources are scarcer than others‚ and deserve special attention from those with the tools to allocate them properly. Basically scarce resources can be defined as the limit a society has on a particular resource that is less obtainable than others which are readily attainable. Some examples of some scarce resources that are found
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