Advantages of marginal costing (Relative to the absorption costing) Preparation of routine operating statements using absorption costing is considered less informative for the following reasons: 1. Profit per unit is a misleading figure: in the example above the operating margin of Rs2 per unit arises because fixed overhead per unit is based on output of 5‚000 units. If another basis were used margin per unit would differ even though fixed overhead was the same amount in total 2. Build-up or run
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Affirmative Action in the Workplace When you think of affirmative action in the workplace do you think of equal rights for all‚ or just equal rights for minorities. Affirmative action is the extent to which employers make an effort through their personal practices to attract retain‚ and upgrade members of the protected classes of the 1964 Civil Rights Act‚ (Bernardin & Russell 2013). In easier terms affirmative action is known to be the equal opportunity measures that Federal contractors and subcontractors
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WRITTEN REPORT CHAPTER 5 STRATEGIES IN ACTION FMA42FC1 – BUS 403 DAROY‚ KAREN CALAÑGIAN‚ EVA ISABEL SORIANO‚ JOCEL VILLANUEVA‚ EDNALYN Long Term Objectives Performance goals of an organization‚ intended to be achieved over a period of five years or more. Long-term objectives usually include specific improvements in the organization’s competitive position‚ technology leadership‚ profitability‚ return on investment‚ employee relations and productivity‚ and corporate image
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What are the main risks faced by banks and how does a bank attempt to manage these risks? A Bank is a financial intermediary that acts as an economic firm producing goods and services. With this view in mind it’s easy to see that a bank exists to make a profit. In order for a bank to be successful and make a profit‚ it has to take risk. A bank that is averse to risk will be a stagnant institution unable to adequately serve its customers effectively and produce a profit. However‚ a banking institution
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In the United States federal courts‚ class actions are governed by Federal Rules of Civil Procedure Rule 23 and 28 U.S.C.A. § 1332 (d). Class action lawsuits may be brought in federal court if the claim arises under federal law‚ or if the claim falls under 28 USCA § 1332 (d). Under § 1332 (d) (2) the federal district courts have original jurisdiction over any civil action where the amount in controversy exceeds $5‚000‚000 and either 1. any member of a class of plaintiffs is a citizen of a State
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Historically‚ What Were Apple’s Major Competitive Advantages? According to Hill‚ J.(2008:75) that the roots of competitive advantage is strategies‚ the root of strategies is distinctive competencies‚ the roots of distinctive competencies are resources and capabilities. Competitive advantage lead to superior profitability. So‚ talking about competitive advantages means about strategies‚ distinctive competencies‚ capabilities and resources. There are two types of competitive advantages: differentiation
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Business Management Study Manuals business growth Diploma in Business Management MANAGEMENT IN ACTION The Association of Business Executives i Diploma in Business Management MANAGEMENT IN ACTION Contents Unit Title Page iii v 1 2 3 11 12 12 13 17 21 25 26 32 53 62 67 68 77 81 97 103 105 105 110 113 114 116 120 125 126 Introduction to the Study Manual Syllabus 1 Synoptic Studies: Applying the Key Theories and Concepts from Other Modules The Synoptic Approach The Key Theories
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ENN103F – Assignment 1 Section A: (1) No‚ the affirmative action policy is not morally defensible. This policy is “unsettling‚ needless and discriminating”. This policy is based on race‚ gender and physical abilities rather than the socioeconomic status of a person. Thus it does not matter whether you have the higher/better qualification‚ if you do not have the correct race/gender or if you are not disabled. According to this policy the basic discrimination is justified by looking back
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Action Response is a London-based charity dedicated to providing fast responses to critical situations throughout the world. The charity receives requests for cash aid usually from an intermediary charity and looks to process the request quickly and provide funds where they are needed‚ when they are needed. It was founded to provide relatively short-term aid for small projects until they could obtain funding from larger donors. Generally‚ Action Response is regarded as one of the success stories
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Bill Shaw‚ a philosopher‚ wrote the paper “Affirmative Action: An Ethical Evaluation”. In this paper he presents four objections people have to why affirmative action is wrong and then gives reasons as to why these objections are not valid. In this paper‚ I will first discuss what affirmative action is‚ then Shaw’s point argument against “the objection of unfair burden on present generation of white workers” (Shaw 766). Following this‚ I will articulate an objection to Shaw’s argument‚ regarding
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