VALUE Vs PRICE There are four major attributes of a commodity i.e.‚ an item or service produced for‚ and sold on the market has four major attributes. They are: • a value • a use‐value (or utility) • an exchange value • a price (it could be an actual selling price or an imputed ideal price) VALUE In simple words‚ value refers to the importance of a thing or utility of a commodity. But in economics the term “value” has a quite different meaning. According to the famous economist
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howard gardner‚ multiple intelligences and education Howard Earl Gardner ’s (1943- ) work has been marked by a desire not to just describe the world but to help to create the conditions to change it. The scale of his contribution can be gauged from following comments in his introduction to the tenth anniversary edition of Howard Gardner ’s classic work Frames of Mind. The theory of multiple intelligences: In the heyday of the psychometric and behaviorist eras‚ it was generally believed that intelligence
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& Raiborn‚ 2013‚ p 150). * Describe the three valuation method alternatives. The three valuation method alternatives are: actual‚ normal‚ or standard. The Actual cost systems assign the actual costs of direct material (DM)‚ direct labor (DL)‚ and overhead (OH) to Work in Process (WIP) Inventory. A normal cost system that combines actual direct material and direct labor costs with predetermined overhead rates. Standard cost system a valuation method that uses predetermined norms for direct material
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In this tutorial session‚ we practiced on classifying quality costs. What we were going to do was that classify fourteen different costs in to three quality costs which were price of conformance(POCs)‚ price of non-conformance(PONCs) and normal business(NBs). When we looked at PONCs‚ we should be careful of some key words like “loss of use” in question 5‚ “re-work” in question 6‚ “error” in question 11 etc which means failure. Since situation of non-conformance occurred‚ the company had a must
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Navigating Pay Equity: Developments in Legislation March 24‚ 2014 Agenda • Historical legislation • Lilly Ledbetter • Paycheck Fairness Act • Impact and advice for HR professionals Equal Pay Act (EPA) • Passed in 1963 as an amendment to the FLSA • Requires equal pay for substantially equal work ▫Skill‚ Effort‚ Responsibility‚ Working Conditions • Gender claims only • Not required to show discriminatory intent EPA - Affirmative Defenses • Seniority system • Merit system • System which measures
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7205MKT BRANDING Dr Dale Miller Course Convenor Seminar 3 Customer based brand equity ‘Brand news’ Customer based brand equity/ FBBE Uncles ed (2010) Noor‚ Styles & Cowley Ch.2 Read Ch 14 Fournier Be prepared to discuss Fournier’s work; Advanced students will also discuss subsequent authors who cite Fournier’s seminal 1998 work Consumer relationships with brands Brand positioning Introduction to the Brand Audit Building new brands Individual project: literature
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How to build brand equity Contents I. Introduction II. What is brand equity? • Definition: Brand equity • Sources of brand equity • Positive brand equity vs. negative brand equity III. Creating brand equity • Brand position • How to create brand equity? - Selecting brand elements - Integrating with marketing activities - Creating secondary brand associations IV. Summary and Conclusion V. References Introduction In modern society‚ brands
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Owners ’ Equity Paper Owners ’ Equity Paper Owners’ equity (OE) in a corporation rises or falls with the profitability of that corporation. OE equals the net assets of a corporation and is made up of two main components‚ paid-in capital and earned capital. Paid-in capital is made up of the funds provided by stockholders also known as contribution capital‚ and any additional paid-in capital from other sources. Earned capital consists of the retained earnings of a corporation and is derived from
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"The Little Match Girl" is a story by Hans Christian Andersen. The story is famous not only because of its poignant tragedy‚ but also because of its beauty. Our imagination (and literature) can give us comfort‚ solace‚ and reprieve from so many of life’s hardships. But‚ literature can also act as a reminder of personal responsibility. One cold‚ snowy night on New Year’s Eve‚ a poor little matchgirl wandered the streets. She shivered in the bitter wind‚ for she had no hat to cover her head. Her too-big
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English I Pre-AP 24 August 2014 Multiple Intelligences Essay “I believe that the brain has evolved over millions of years to be responsive to different kinds of content in the world. Language content‚ musical content‚ spatial content‚ numerical content‚ etc.” (Dr. Howard Gardner‚ Brainy Quote). You are intelligent‚ believe it. You are unique‚ embrace it. According to Dr. Howard Gardner a psychologist and a researcher at Harvard University‚ there are eight multiple intelligences and everyone can
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