Biyani’s Think Tank Concept based notes Cost Accounting [ B.Com. Part-II] B.N. Gaur MBA‚ PGDBM‚ Lecturer Deptt. of Commerce & Management Biyani Girls College‚ Jaipur Fore more detail:- http://www.gurukpo.com Published by : Think Tanks Biyani Group of Colleges Concept & Copyright : ©Biyani Shikshan Samiti Sector-3‚ Vidhyadhar Nagar‚ Jaipur-302 023 (Rajasthan) Ph : 0141-2338371‚ 2338591-95 • Fax : 0141-2338007 E-mail : acad@biyanicolleges.org Website :www.gurukpo.com; www
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Opportunity Cost Lets start with a small introduction to the topic Opportunity Cost. Opportunity cost is the cost of any activity measured in terms of the value of the next best alternative forgone (that is not chosen). It is the sacrifice related to the second best choice available to someone‚ or group‚ who has picked among several mutually exclusive choices. The opportunity cost is also the "cost" (as a lost benefit) of the forgone products after making a choice. Opportunity cost is a
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The Challenges of Price Escalation Introduction One of the biggest challenges of the marketing mix of an international firm is pricing a product. On the contraire to the other elements of the marketing mix: product‚ placement‚ and promotion (whereas are considered a cost to the firm) pricing is the one element that produces revenues. Thus pricing is the key element to succeed or fail expansion efforts (Global Market Today). At the time of selecting the
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Mulan The society is sexist. Women are to be beautiful‚ curvy‚ delicate‚ poised‚ graceful‚ refined‚ thin‚ curvy‚ quiet‚ demure and polite. Men are portrayed as the leaders of society‚ whereas women are only there to give birth to children. Mulan is graceful‚ calm‚ and unique she is also beautiful and curvy‚ just like society wants. But that is where it stops. Unlike society’s wishes‚ she is not quiet‚ demure‚ or delicate. Instead she is intelligent‚ strong‚ and independent and is not afraid
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Sitting up high‚ I felt like the king of the world. All of my peers sat below me and some sat at my side like Louis the XIV’s assistants would sit by him. Because they were all below me‚ they all looked up to me. I would see that they leave my land happily with welcoming denizens who carefully picked them out. A plethora of young aliens would frequently skip back and forth along my lane‚ picking up and hugging my soft and furry subjects with glee. Occasionally some of my peers found themselves laying
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Publichttp://pfr.sagepub.com/ Finance Review Public Subsidies to Stadiums: Do the Costs Outweigh the Benefits? Daraius Irani Public Finance Review 1997 25: 238 DOI: 10.1177/109114219702500205 The online version of this article can be found at: http://pfr.sagepub.com/content/25/2/238 Published by: http://www.sagepublications.com Additional services and information for Public Finance Review can be found at: Email Alerts: http://pfr.sagepub.com/cgi/alerts Subscriptions: http://pfr
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PRICE RANGE OF PRODUCTS Above is the price range of all Apple products between the years of 1975 to present. Steve Jobs manufactured products that were not just far advanced than other products in the same category‚ but they were also out of reach for most consumers. When Apple Computer launch its Apple II in 1977‚ it cost $1‚298 and if you wanted a more powerful version it would cost you a twice that amount. In 1984‚ Apple Computer released the Macintosh at a price of $2‚495. At these prices
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Cost/Benefit Analysis Evaluating Quantitatively Whether to Follow a Course of Action You may have been intensely creative in generating solutions to a problem‚ and rigorous in your selection of the best one available. However‚ this solution may still not be worth implementing‚ as you may invest a lot of time and money in solving a problem that is not worthy of this effort. Cost Benefit Analysis or CBA is a relatively* simple and widely used technique for deciding whether to make a change. As its
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good standing. Starbucks has many problems starting with the price. Starbucks coffee is more expensive than other competitors like Dunkin’ Donuts and Caribou. In addition‚ Dunkin’ Donuts offering drinks at prices 20 percent lower than Starbucks. For example‚ Kathleen Brown‚ a 30-year-old Boston lawyer‚ used to treat herself to a $4 Starbucks Caramel Macchiato but switched to Dunkin’ Donuts. Also‚ she mention that with Starbucks price for a cup of coffee she can buy a cup of coffee with a sandwich
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Evaluate the view that‚ because price discrimination enables firms to make more profit‚ firms‚ but not consumers‚ benefit from price discrimination Price discrimination is where a firm changes different consumers different prices for the same service. Consumer Surplus is the difference between what the consumer is willing to pay and the price they actually have to pay. In all three degrees of price discrimination firms are able to make more profit and eliminate any excess capacity they
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