The "spoils system"‚ a system for appointing government officials‚ was first used by Andrew Jackson. This system allowed newly-elected presidents to replace officeholders with people who supported them. For example‚ Jackson replaced some of his cabinet members‚ so his cabinet would be more in favor of the decisions he made before those policies went into effect. Most of his cabinet members resigned and were replaced‚ however‚ because the wife of Secretary of War John Eaton was judged for her moral
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Plant overhead $122‚000 D/L rate/hour $30 Youngstown has a traditional cost system. It calculates a plant-wide overhead rate by dividing total overhead costs by total direct labor hours. Assume‚ for the calculations below‚ that plant overhead is a committed (fixed) cost during the year‚ but that direct labor is a variable cost. 1. Calculate the plant-wide overhead rate. Use this rate to assign overhead costs to products and calculate the profitability of the four products. The assignment
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876thousand. This was 2.8million lower than expected. Comparatively‚ EROW did well in all aspects with a sale of 89million and a net profit of 22.6million. Why did the two divisions with same products have such a difference? After further exam‚ management concluded the large fixed cost absorbed sale figure. First it is important to understand the standard costing system implemented in Rubber group. Standard costing assigns quantity and price standards to each component of variable and fixed costs in calculating
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despite aid given to these countries. In this paper I will define the concept development and explain different dimensions of development. I will also elaborate why it’s highly stressed with third world countries. I will also define the term ‘underdevelopment‚’ then explain why most African nations are affected by it. I will take the Zambian case as an example to try and explain why African countries are underdeveloped and conclude with recommendations on how this issue could be resolved. The concept
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Cognitive Psychology Have you ever wondered if chewing gum helps you concentrate more? My project is about seeing if it actually does help you concentrate better. We are going to give half of the subjects a piece of gum and the other half will not have a piece of gum. We are going to give them a test and see which half does better. I thought this would be interesting to know about because everybody likes gum‚ and it’d be even better if it helps you do better with your work. I believe that learning
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The educated is truly free. Do you agree? ‘Knowledge is power’‚ this frequently cited quote is no more a stranger to anyone. Education‚ which role is essentially to transmit knowledge‚ has empowered an individual with the accumulated knowledge‚ values and skills that an individual would require. Indeed‚ with knowledge‚ the educated has yielded the power to control the situation around him‚ to break free from oppression and authority‚ and to breakthrough the vicious poverty cycle. Yet‚ as the
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WHAT DO MANAGERS DO? A CRITICAL REVIEW OF THE EVIDENCE COLIN P. HALES Department of Management Studies for Tourism and Hotel Industries‚ University of Surrey INTRODUCTION IN this article‚ I consider the extent to which the question ’What do managers do? ’ has been satisfactorily answered by published empirical studies of mana- gerial work and behaviour. Two aspects of this enterprise require justification: the pertinence of the question posed and the need
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TYPES OF COSTS Introduction :-Production is the result of services rendered by various factors of production.The producer or firm has to make payments for this factor services. From the point of view of the factor inputs it is called ‘factor income’ while for the firm it is ‘factor payment’‚ or cost of inputs.Generally‚ the term cost of production refers to the ‘money expenses’ incurredin the production of a commodity. But money expenses are not the only expensesincurred on the production
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Chariots Of The Gods? By Erich Von Daniken Was God An Astronaut? -----------------------------Copyright - 1968 (German) / Tranlslation Copyright - 1969 First Published (In German) under the title - "Erinnerungen an die Zukunft" Scan Version : v 1.0 Format : Text with covers and plate pictures. Date Scanned: Jan/21/2002 Posted to (Newsgroup): alt.binaries.e-book Scan/Edit Note: Where a number is in the brackets it refers to "to the power of" or subscript. -Salmun -----------------------------Contents:
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Do you believe that your choices are free? Do you hold yourself responsible for your choices? Life is full of endless choices‚ opportunities‚ new ideas and changing scenarios. To overcome the obstacles‚ we have to be ready to juggle the options that appear on our way. Every day‚ every hour‚ even every second‚ people make decisions. Small‚ large‚ important‚ funny‚ mundane‚ all those countless choices with the speed of light forever change us‚ turning the world into one that the second time will
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