Cost as % Sales 61.81% 66.92% 100.52% 78.16% Profit $117‚905.84 $60‚789.37 ($1‚646.08) $177‚049.12 Profit Margin 38.19% 33.08% -0.52% 21.84% Note: For detailed calculations please reference attached document. 2) Define action steps for Blue Ridge based on the analysis: The above customer profitability analysis indicates that the small customers have a negative profit margin. As this specific customer base accounts for 40% of Blue Ridges total sales volume we recommend the following action steps
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A Sociological Look into Indianapolis Previous sociologists have looked in depth at macro levels of society when applying their research to the existing social structure of their day. With most recent sociologists research we are beginning to see how you can look to micro interactions within a society and apply them to the current macro level of society in order to further the knowledge within the field of sociology. First‚ we must look at several individual groups or cases within the society
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TOPIC: ACTIVITY-BASED MANAGEMENT INTRODUCTION Activity based management (ABM) is an approach to management that aims to maximize the value adding activities to the customers while minimizing or eliminating non-value adding activities. The objective of ABM is to improve the efficiency and effectiveness of an organization in securing its markets. It draws on activity based-costing (ABC) as its major source of information and focuses on managing activities to (1) reduce costs‚ (2) create performance
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reformation in performance measurement and decision makers have realized that conventional measures are not able to provide a holistic view on an organi-zation’s performance (Anderson & McAdam‚ 2004). With the beginning of the 1980s traditional accounting based performance measurement systems have been increasingly criticized for various reasons such as short-sidedness (Garvin & Hayes‚ 1982)‚ en-couraging local optimization (Hall‚ 1983)‚ lacking strategic and external focus (Kaplan & Norton‚ 1992). Acknowledging
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Defining‚ Modeling & Costing IT Services Integrating Service Level‚ Configuration & Financial Management Processes In our cost driven economy IT is facing increasing pressure to account for and reduce cost wherever possible. The old axiom “You must do more with less” has never had such an impact on IT operations and support as it does today. Thousands of IT managers are being placed in a situation which forces them to defend their staffing levels against both internal as well as external threats
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INDIANAPOLIS COLTS The colt’s organization started in 1953 as the Baltimore colts won four nfl championships including a super bowl. The colts also were the first team to have Cheerleaders and at the time the owner was Abraham watner but in 1979 the Colts relocated in Indianapolis‚ Indiana and played in the Hoosier dome later Named the Rca dome. December‚ 19‚ 1983 was the day they played the last Football game in Baltimore and 27‚934 fans attended the game. COLTS BEGIN STRUGGLING When the
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The world’s first atomic bomb was transported to Guam by the former flagship of the American Pacific Fifth Fleet‚ the USS Indianapolis. The bomb was brought aboard the ship on July 15th 1945‚ while she was anchored in San Francisco Bay. At 8:00 a.m. The following morning the USS Indianapolis left San Francisco bound for Tinian with the atomic bomb‚ something that would cause so much devastation and go down in history. Of the crew aboard that morning 883 of 1‚199 will have perished in two weeks. The
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value and to achieve lower cost. It goes beyond historical measurements and reporting to assess the impacts of current and proposed decisions. Activity Based Management (ABM) is one of the major disciplines of cost management that focuses on the management of activities as a way to improve customer value and profit. The Basics Concept of Activity Based Management The battle to sustain and increase corporate profitability grows ever more arduous in most sectors of the economy. Margins are caught
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Two general approaches are used for costing products for the purpose of valuing inventories and cost of goods sold. One approach is called absorption costing. Absorption costing is generally used for external financial reports. The other approach called variable costing is preferred by some companies for internal decision making and must be used when an income statement is prepared in the contribution format. Ordinarily absorption costing and variable costing produce different figures for net income
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for implementing technology-based learning activities. Implementing technology-based learning activities has challenges. One of the greatest challenges of implementing technology-based activities is meeting the technological needs of the students. In order to offset the challenge of implementing technology-based activities by meeting students’ needs‚ an alternative to broadband connected computers‚ has to be meet. The challenge of implementing technology-based activities by meeting students’ needs
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