How the Customer influences Business Strategy A business strategy describe how a particular business intends to success in its chosen market place against its competitors. It therefore represents the best attempt that the management can make at defining and securing the future of that business. A business strategy should provide clear answer to the questions: - What is the scope of the business to which this strategy applies? - What are the current and future needs of customers and potential
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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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have done above is a “full-cost” analysis. This is in contrast to a “direct-cost” analysis that ignores overhead costs. Is full cost the right metric for job profitability and customer profitability? What assumptions are we making about the variability of overhead costs when we do a “full-cost” analysis? By allocating the overhead costs to jobs and customers there is an implicit assumption that these are variable with the cost driver. In reality‚ some of the overhead costs are fixed‚ at least in the
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philosophy with Africans who were brought to America as slaves.. It arrived in the new world with those who were taken from their native lands‚ denied their identities and their religion. It has since absorbed some beliefs and practices from other cultures such as Native American spirituality and European Ceremonial Magick. The slaves found themselves in a place where they were considered the property by the slaveholders. African and Native American slaves often found themselves working alongside one
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How does your culture change your view of the world? What extent does one’s culture inform the way one views others and the world? So how does your culture actually affect how you perceive the others and the world. In “An Indian Father’s Plea‚” the father tried to defend his son because the teacher said that his son was a “slow learner.” The father didn’t quite enjoy that his son was being called that. So his son must use that defense and use it in his cultural identity. The son is smart‚ and he
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The potential benefits of CSR relative to the costs for business & stakeholders. CSR is the extent to which an organization accepts its obligations to society over and above legal requirements. Firms can benefit from CSR. It will help them gain marketing advantage. This could be firms USP and they could add profit margins. Consumers may be prepared to premium price‚ if the CSR product suits them. For example‚ Costa coffee used Fairtrade and its premium customers were prepared to pay high price
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To what extent has Lady Gaga influenced the pop culture and broken the barriers through her self-representation and performance style? INTRODUCTION Of the twenty-first century‚ Lady Gaga ’s rise in popular culture has been considered a confrontation of what a pop star should be like. Gaga has made a continuous attempt in detaching her music videos from original shallow entertaining elements and stating her own voice over debatable issues mostly about human rights. Some of her influential works
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School Of Business (UKM-GSB-LHDN) Cost Classification: Government Agency PROBLEM 2-56 The Department of Natural Resources is responsible for maintaining the state’s parks and forest lands‚ stocking the lakes and rivers with fish‚ and generally overseeing the protection of the environment. Several cost incurred by the agency are listed below. For each cost‚ indicate which of the following classifications best describe the cost. More than one classification may apply to the same cost item.
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Alivia Boddie Sociology-Gender 10/5 Learning and Doing Gender The way that our culture views gender differs from others. The process of socialization that we experience when we are young helps us determine our gender and sex system within the context of our society. Children are well aware of the gender behaviors and what is appropriate and what is not. The “pink and blue syndrome” is very apparent in every aspect of our society; it has become an unconscious pattern that we have followed.
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Business Ethics Across Cultures Article Review Ruth Lopez Axia College of University of Phoenix I have chosen “Cheats Can Prosper and Do” by Tony Harris from Australia‚ and “Italy Country Profile” by BBC News from Italy. Both articles provide an overview of the countries business ethics. In the article from Australia‚ the author reports that although Australia’s businesses rarely have any ethical issues they still can and do arise. The article about
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