CUSTOMER PROFITABILITY ANALYSIS: CHALLENGES AND NEW DIRECTIONS Summary This article presents the concept of modifying cost accounting system in order to provide measurements from a customer profitability viewpoint. Most management accounting systems focus on products‚ departments or geographical areas‚ which have little to do with customers. A questionnaire was sent to marketing managers and marketing controllers and interviews with respondents. Much of this article draws on qualitative responses
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Can profitability and morality coexist? Explain the statement in detail The largest companies in the nation have evolved over the years to find more ways to streamline operations‚ reduce waste‚ increase the productivity of their employees‚ preached corporate ethics to their employees‚ try to be involved with local communities by giving to the local youth clubs or donations to a regional cancer research center. But is this to be a good citizen of the community‚ or is it a show? There’s a view
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www.emeraldinsight.com/1743-9132.htm IJMF 3‚2 Effects of working capital management on SME profitability ´ ´ Pedro Juan Garcıa-Teruel and Pedro Martınez-Solano Deptartment of Management and Finance‚ Faculty of Economy and Business‚ University of Murcia‚ Murcia‚ Spain Abstract Purpose – The object of the research presented in this paper is to provide empirical evidence on the effects of working capital management on the profitability of a sample of small and medium-sized Spanish firms. Design/methodology/approach
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End of Chapter Application Case 1. Why is beer flavor important to Coors’ profitability? Answer: Because our choices as drinkers depend on various factors such as the mood we’re in‚ the available venues out there‚ as well as the occasion‚ Coors believes if the company could understand the beer flavor based solely on its chemical composition‚ it would open new avenues in order to create beers that would suit almost every customer’s expectations. 2. What is the objective of the neural network
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behavior---------------------------------------3 3 Evaluation of profitability analysis---------------------------------4 4 Conclusion and recommendation----------------------------------8 References--------------------------------------------------------------------9 Executive summary This report provides an evaluation of Woolworths in respect of ethical behavior and profitability analysis to fulfill an investor’s ethical requirement. The investigation
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Profitability Ratios Profitability Ratios attempt to measure the firm’s success in generating income. These ratios reflect the combined effects of the firm’s asset and debt management. Profit Margin The Profit Margin indicates the dollars in income that the firm earns on each dollar of sales. This ratio is calculated by dividing Net Income by Sales. Return on Assets (ROA) and Return on Equity (ROE) The Return on Assets Ratio indicates the dollars in income earned by the firm on its assets
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UNIVERSAL VIRTUAL CONTENT ACADEMY (UVC) CPA PAPER 5 Index numbers By the end of topic‚ participants should be able to; 1. Appreciate the usefulness of index numbers in monitoring changes over time 1. Calculate simple indices 2. Determine simple aggregate price indices 3. Use laspeyre’s and Paashe’s price indices to determine weighted indices. What is an index number? An index number is a statistical measure designed to show/ monitor changes over a period of time in the price‚ quantity
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debated topic‚ and many have suggested that at the core of this distribution is rationing. According to Scheunemann & White (2011)‚ rationing is withholding or restriction of potential beneficial treatments or access to medical services via gatekeeper controls‚ controlled distribution‚ national budgeting‚ government-set prices‚ and provider fees. Healthcare rationing exists in the US healthcare system‚ and in many forms. Rationing in the US is a bottom-up‚ decentralized policy that occurs in both the private
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description of index numbers for application in generic index computation software modules 1 Photis Stavropoulos1‚ Georges Pongas2‚ Spyros Liapis1‚ George Petrakos1‚ Tonia Ieromnimon1 Agilis S.A. Statistics and Informatics‚ e-mail: Photis.Stavropoulos@agilis-sa.gr‚ Spyros.Liapis@agilis-sa.gr‚ George.Petrakos@agilis-sa.gr‚ Tonia.Ieromnimon@agilis-sa.gr 2 EUROSTAT‚ e-mail: Georges.Pongas@ec.europa.eu Abstract The aim of this paper is to present a scheme for the description of index numbers in a standardized
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CPI (Consumer price index) A consumer price index (CPI) measures changes in the price level of consumer goods and services purchased by households. The CPI is a statistical estimate constructed using the prices of a sample of representative items whose prices are collected periodically. GDP deflator In economics‚ the GDP deflator (implicit price deflator for GDP) is a measure of the level of prices of all new‚ domestically produced‚ final goods and services in an economy. GDP stands for gross
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