SHORT-RUN TACTICAL DECISIONS The organizations strive to earn short-run profits. In making short-run decisions‚ not all cost and revenue data is relevant. The cost data relevant for decision-making is referred to as relevant costs and that which is not useful for decision-making is non-relevant costs. On the revenue side‚ the only relevant revenue is the incremental & differential revenue. Relevant and Non-Relevant Costs: 1. Future Costs and Sunk Costs (IR): A future cost is that cost yet
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Adam Smith and Karl Marx created the foundation for economics in the 18th and 19th centuries. While they had very different ideals‚ both men started with the idea of capitalism. Adam Scott‚ author of The Wealth of Nations‚ believed that an economy was most productive when people are able to produce as much as they would like for the price that they deem fair. Contrarily‚ Karl Marx believed that capitalism would only serve for those who were already wealthy‚ as they would be able to increase their
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In Virginia the first battle of the Civil War was fought‚ near Manassas‚ Virginia railroad junction‚ after which the battle is called (or First Bull Run‚ named after the flowing stream on the battlefield‚ if of the Union point of view). The armies in this first battle were not prodigious by later Civil War principles. The Federal services under Brigadier General Irvin McDowell were well thought-out into four divisions‚ of about 30‚000 men. These divisions were commanded by Tyler‚ Hunter‚ Heintzelman
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furnished‚ hunger and death soon prevailed. One individual‚ John Smith‚ is accredited for his leadership skills in order to save the failing New World. After many years of the colony struggling‚ John Smith stepped forward as the leader of the group. He executed many strict demands regarding the policies of the town. He was know for his smart thinking‚ fast skills‚ and leadership ability. After one encounter with an Indian hunting party‚ John Smith escaped death due to his proficient thinking. Smith’s life
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Bessie Smith was a rough‚ crude‚ violent woman. She was also the greatest of the classic Blues singers of the 1920s. Bessie started out as a street musician in Chattanooga. In 1912 Bessie joined a traveling show as a dancer and singer. The show featured Pa and Ma Rainey‚ and Smith developed a friendship with Ma. Ma Rainey was Bessie’s mentor and she stayed with her show until 1915. Bessie then joined the T.O.B.A. vaudeville circuit and gradually built up her own following in the south and along the
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Circus Elephant Animal Abuse Problem The day had come when little Timmy would finally get to go to the circus. He was so eager that he was the first one out of bed that morning. Too excited to even function‚ Timmy ran to his parents’ room and jumped on this parents shouting for them to get up. His parents moved sluggishly to the bathroom and got ready to go to the circus as Timmy chattered on about what animals they were going to see that day. Timmy was mostly excited to see his favorite animal
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Indian Elephant Crisis The Indian elephant‚ scientific name being Elaphas Maximus‚ is one of the three recognized subspecies of the Asian elephants and is a native animal to the mainland of Asia. Since 1986‚ thee Elaphas Maximus has been listed as an endangered species by the IUCN (International Union for Conservation of Nature) as their population has slowly been declining and reaching an all-time low of a 50% decrease over the past three generations. Asian elephants are constantly being threatened
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Shooting an Elephant by George Orwell Reflection by ______________ In Shooting an Elephant‚ George Orwell describes how when he was younger he worked as a police officer in lower Burma in a place called Moulmein. At this time Burma is controlled by the declining British Empire. He writes about how he was hated by the Burmese people and that whenever they could they would trip him or says insult behind his back. At some point during his stay there an elephant got loose from its chains and was
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Jessica Callis Crook Eng102-24130 November 13‚ 2014 Toys vs. Technology: A Rhetorical Response to Roland Barthes’ Toys Children’s toys‚ from generation to generation have no doubt changed. I’ve seen the sock monkeys‚ rubber-band guns‚ and blinking baby dolls pulled from dusty boxes in the attic which at one point in the ancient past had been the favorite toys of my parents when they were kids. Somewhere stashed away in my own attic lays my Fisher-Price Music Box Record Player‚ my Barbies‚ and my
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Imperialism an irony. Imperialism is a nowin situation: ● ● ● Throughout the short text we see Orwell as a character torn between two completely juxtaposed ideals: that in support of the oppressed and the colonial. We are barely halfway through the opening sentence when Orwell declares how he was “hated by large numbers of people” and we quickly learn of the immense anger he has towards his tormentors. Initially‚ we learn of Orwell’s personal experience of power and how he is “hated by large numbers of
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