COST CONCEPTS AND COST ACCOUNTING By: Aman Jawahar Sarika Deepak Muneer CONTENTS Concept of Cost Cost Accounting Terms in Cost Accounting Elements of Cost Meaning of Overheads Classification of Costs Methods of Costing Types of Costing MEANING: Cost Concept: The term ‘cost’ means the amount of expenses [actual or notional] incurred on or attributable to specified thing or activity. Cost means ‘the price paid for something’. Cost Accounting: Cost Accounting is concerned with recording
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ASSIGNMENT ON COST CONTROL AND COST FREDUCTION SUBMITTED BY‚ MOHAMMED NAFAISE E.K ROLL NO: 1600 COST CONTROLL & COST REDUCTION COST CONTROL The practice of managing and/or reducing business expenses. Cost controls starts by the businesses identifying what their costs are and evaluate whether those costs are reasonable and affordable .Then if necessary
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organisational goals and objectives M5.46/1 604/2 Assessment Criteria 1. Evaluate the role of leadership in helping teams to achieve organisational goals and objectives What is it that leaders do to help their teams achieve organisational goals and objectives? Every organisation has goals and objectives which are essential for it to succeed in an ever changing environment. Ken Blanchard’s study of leadership identified two broad types of behaviour‚ directive and supportive‚ and the extent to which
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utilised by the low cost airline‚ Ryanair. Specific analysis of its target market will identify that whilst its cost leadership strategy is hugely successful in its appeal to the mass market‚ closer analysis of the increasing ‘budget business traveller’ segment reveal opportunities for further industry growth poignantly amidst the current economic climate. Analysis of Ryanair’s market position as ‘Europe’s largest airline carrier’ shows that the airline is currently market leader and cost leader. This
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manager makes the subordinates to work‚ a leader work with the people. Management philosophers and thinkers have been interested in identifying the difference between a manager and a leader. Some leaders show management skills and some mangers show leadership skills. It is now well established that there is difference between a manager and a leader. A leader leads from the front. His language will be like come let us do the work. On the other hand a manager believes in planning and coordinating the
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Module: 1 Road Map Meaning‚ definition of leadership Trait theory of leadership Behavioral theories Contingency theories 11–2 What Is Leadership? 11–3 Leadership Theories Theories Traditional Theories (1) Behavioral Theories (3) Modern Theories (2) Contingency/Situational theories (4) 11–4 Traditional & Behavioral theories Theories Traditional Trait Theory Refer Robbins for details of each points Behavioral
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Amazon Interview | Set 1 August 24‚ 2012 Please find the details of my amazon interviews below. Date of Interviews: 22nd August 2012 No of Rounds: 1 Written + 4 PI Type of Interviews: Campus Interview for freshers Written Test (Time): 90 Minutes 20 Objective Questions: Aptitude and basic C objective problems. 2 Subjective Questions: I. To find if there is any root to leaf path with specified sum in a binary tree. II. Some question based on sorting.
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Business Model: Amazon versus eBay A company’s business model is the activities it uses to create and capture value through its offerings to the market. Modelling helps firms develop business visions and strategies‚ redesign and align business operations‚ share knowledge about the business and its vision and ensure the acceptance of business decisions through committing stakeholders to the decisions made (Persson & Stirna ‚ 2001). Amazon and eBay both share space in the retail industry of e-retail
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MAS 366: ORGANISATIONAL LEADERSHIP AND GOVERNANCE Credit: 3 By : Hannah Vivian Osei COURSE OVERVIEW The objective of this course is to expose students to the role that leaders play / should play in the governance of corporations for these corporations to be productive. Various traditional and contemporary leadership theories and models will be discussed and assessed on their relevance in this era. COURSE OBJECTIVES The objective of this course is to expose students to the ingredients
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emotional > High involvement / rational > Low involvement / emotional > Low involvement / rational > Look inside Brian’s brain. High involvement / rational In this category you find expensive business purchases: anything relating to the technological infrastructure‚ the office location and lease‚ as well as the company health insurance plan. On the consumer side‚ high involvement / rational purchases tend to be linked to high cost. This category can include financial services and
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