activities; c. Productive activities‚ such as finished goods transportation‚ storage‚ customer contact‚ order processing‚ etc. d. Sales activities to let customers understand and buying of goods‚ such as advertising‚ promotion‚ marketing agency costs‚ etc; e. Service activities‚ including training‚ repair‚ maintenance‚ components renewal etc‚ aiming at improving the added value of products. Auxiliary activities: a. Procurement activities‚ to refer to the purchase of used in enterprise value
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supplier must ensure that all parts are within tolerance before shipment to the customer‚ what is the effect on the cost of quality to the customer? Cost of quality is the cost associated with the quality of a work product. As defined by Crosby in his "Quality Is Free"‚ Cost Of Quality (COQ) has two main components: Cost Of Conformance and *Cost Of Non-Conformance. Another view is that cost of quality is the amount of money a business loses because its product or service is not done right in the first
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INTRODUCTION Cost accounting is an important tool in the management of any business firm or organization‚ which includes those in the small scaled industry. In the cause of our research instrument indicated the maintenance of improper and inadequate records coupled with the fact that cost methods used‚ through sometimes effective‚ were unconventional. For a small scale business to approach profit maximization level‚ it must be effective in cost control procedures and appropriate books
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The dictionary explains “roller coaster” as an elevated railway constructed with sharp curves and steep inclines on which cars roll‚ as in an amusement park; but it also says it is a kind of behaviour‚ events or experiences characterized by sudden and extreme changes. This is exactly what my transition from secondary school to higher education felt like. Having to graduate from school was the most terrifying‚ saddest and sweetest moment of my life. I felt emotions I had never felt before. I did
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THE UPS AND DOWNS OF PARENTING The Ups and Downs of Parenting Patricia Johnson ENG 121: English Composition I Instructor: Karen Lawler May 23‚ 2010 Ashford University The Ups and Downs of Parenting Single parents compared to two parent families are more challenging. Single parents have become a lot more common in society today. There are varies reason people become
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“Never Back Down” I believe in never backing down. My mom told me this when I was young. I heard this was when I moved into my new town. I felt like a stranger and my mom’s words to me were “Never Back Down.” I didn’t know what that meant until after I got home. She told me that it meant I can always learn something new even if the experience was bad. I was in a fight once at school because of a misunderstanding and the first thing that went through my head was “never back down” and my mom also
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Opportunity cost Have you ever been in the situation deciding which cloth to buy? Have you ever facing the dilemma of to study or to play? Have you ever consider as a seller and choose to lower the price or raise it? In the field of economics‚ here’s a solution for you. The magic word is “opportunity cost”. Opportunity cost in terms of economy is the highest-value alternative one has to give up to engage in an activity. In other words‚ using the same resources such as money and time‚ the best
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Mini Case - The MBA Decision 1. How does Ben’s age affect his decision to get an MBA? Ben’s age is a very important factor which can affect his decision to get an MBA degree. Firstly‚ Ben is now 28 years old and expects to work for 40 more years. So he has an expected work life of 68 years. So the earlier he gets an MBA‚ the better for him. For example: probably it won’t benefit him much if he decided to get an MBA at the age of 60. No one would hire him as an investment banker even if
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Remember when you were little‚ and you had wanted‚ dreamed about being an adult and getting to do all the things that adults get to do? Well‚ “Settle Down‚” by Kimbra‚ is a song about just that. The song is about marriage and “settling down” from a little girl’s point of view‚ as well as adulthood‚ with her idealism of what being married and growing up actually means. From the imagery in the video‚ it seems like the woman in the relationship is the ideal wife‚ cooking‚ cleaning‚ keeping house‚ while
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What’s your real cost of capital? By James J. McNulty‚ Tony D. Yeh‚ William s. Schulze‚ and Michael H. Lubatkin Harvard Business Review‚ October 2002 Issue of the article: valuing investment projects Number of pages: 12 Daniel Miravet Campos Part 1. Executive summary This article is fundamentally based on the exposition of a new method to calculate the cost of capital for a company (MCPM)‚ to meet the inefficiencies of the current one (CAPM). In valuing any investment project or
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