Q: 3 (A) What factors must a firm consider while addressing the make or buy decision? Ans: International Operations management and corporate strategy: Operations management of an International business needs to be integrated with the firm’s corporate strategy. The central role of operations management is to create the potential for achieving superior value for the firm. If operations management takes Rs. 100 worth of inputs and brings out product worth Rs. 150‚ it has crated considerable value
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What is income? Income is the amount that is received in a given period of time. It is a flow of funds. How is income distributed in Australia? According to the ABS - in 1999-2000‚ the richest 20% of income units received 48.5% per cent of total income. The poorest 20% of income units received less than 4% of total income. Note: Income units are made up of one person or a group of related persons within a household‚ whose incomes are assumed to be shared. What are the main sources
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Project Report (Submitted for the Degree of B.Com. Honours in Accounting & Finance under the University of Calcutta) “Financial Statement Analysis” Submitted by--- Name of the Candidate: Subrata Jana Registration No. : 145-1121-0144-10 Roll No. : Goenka College of Commerce and Business Administration Supervised by Name of
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cannot deny that this condition is the success of the sand making machine. Machine-made sand also called artificial sand‚ which is made by crusher machines. Rocks‚ Artificial Sand Making Machinepebbles‚ tailings and building rubbish can be used to make sand. So the material of artificial sand exists everywhere‚ and it is more extensive than river sand. Artificial sand is easier to control the grading‚ fineness modulus‚ slump than fine river sand. So artificial sand is used more widely. Nowadays
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What is a Hero? What is a hero? What makes him or her different from everyone else? In Phillip Zimbardo’s article “What Makes a Hero?” he states that heroes surround us. One in five or 20 percent of people qualify as heroes. Seventy-two percent of people report helping another person in a dangerous emergency. Sixteen percent report whistle blowing on an injustice. Six percent report sacrificing for a non-relative or stranger and fifteen percent report defying an unjust authority (1). Although
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If you look at the period from the turn of the millennium to the present‚ it appears that households at all sorts of different income levels have stagnated‚ not just those in the middle or bottom of the income distribution. In other words‚ the vast majority of us appear to be in a holding pattern together‚ and this really underscores the point that the vast majority of economic gains in recent years have gone not only to the upper end of the distribution but to the upper end of the upper end. If
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Financial management decisions: 1. Capital budgeting (investment) – the whole process of analyzing projects and deciding whether they should be included in the capital budget. Spending capital on assets that will yield highest return for comp over desired time period What to buy so that comp will gain most value 2. Capital structure (financing) – the manner in which a firm’s assets are financed; that is‚ the right side of balance sheet. Capital structure is normally expressed as the percentage
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I. Cost behavior defined Module 4 Review Questions The left column lists several cost classifications. The right column presents short definitions of those costs. In the blank space beside each of the numbers in the right column‚ write the letter of the cost best described by the definition. A. Curvilinear cost B. Step-wise cost C. Fixed cost D. Mixed cost E. Variable cost F. Total Cost ___E_1. This cost increases in direct proportion to increases in volume; its amount is constant for each unit
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Defining a Hero In today’s times‚ there are many everyday heros that are just ordinary citizens. For example‚ Martin Luther King Jr. and the firefighters of 9/11. These are just people who wanted to make a difference in the world and as a result are considered heroes. A hero not only has to be brave‚ but also has to have unselfishness and the desire to set a good example for other people. good intro with all the necessary parts: lead‚ background‚ thesis. When one thinks of a hero‚ bravery
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more as a process‚ whereby a company’s decision and actions are made in alignment with opportunities or threats in the industry. Even others define it as a pattern of consistent actions in decision-making and lastly there are those with a military view of strategy‚ who consider it a manoeuvre to beat and outsmart the competition (Parthasarthy‚ 2006). By drawing from each of the definitions‚ one could say that strategy and by extension‚ strategic management‚ is constituted of short-term strategies
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