Strategic Cost Management ACCT90009 Seminar 1 Seminar 1 Subject Administration Introduction to SCM oduc o o SC Administration • Subject Coordinator Dr. David Huelsbeck Email: david.huelsbeck@unimelb.edu.au Room: 08.028‚ The Spot Phone: +61 3 9035 6256 Consultation Hours: Monday 4:15pm – 6:15pm • Seminars: Tuesday: 2.15 pm – 5.15 pm‚ FBE ‐ Theatre 211 (Theatre 2) Thursday: 6.15 pm – 9.15 pm‚ Alan Gilbert ‐ Theatre 2 Teaching Format and Resources • Seminar Format 3 hour seminar
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“A Critical Analysis of Change & Resistance within the NHS.” Introduction The rate of economic and political change in recent decades has been dramatic. The Anglo-Saxon emphasis on neo-liberal economic ideology has drifted East‚ with the (Brown‚ 2000) ‘rise of China’ and other emerging economies. The trend in recent decades has focussed on the need to privatise great swathes of the economy and to reduce trade barriers‚ leading to less protectionism. This emphasis on private sector control
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is to keep the peace and abolish crime‚ these poor minority men are thrown behind bars for an arrest far greater than what they have committed. The number and type of men thrown into prison indicate that there is a racial inequality and corruption within the penal system. Prison population increased dramatically in the early 1970s once laws became stricter. Drug laws became stricter and the law targeted young black men who dropped out of high school. Incarcerated drug offenders increased by 8% and
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Staying Relevant The role of Information Technology in Creating Economic Sustainability Kip Garland‚ founder - innovationSEED Sustaining an organization‚ be it a business‚ a government‚ or other groupings of people‚ requires the ability to create new growth. When organizations stop growing - they lose their relevancy. Economic studies show that sustaining growth in productive sectors is increasingly difficult. From 1950 to 2005 the average time that top company could sustain its relevancy
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FIG 1.1 a) A scientific report is released which links chocolate consumption to a decrease in heart disease. This first question relates to the issue of demand. In economics we undergo a number of assumptions when considering the relationship between price and quantity demanded. A basic requirement for this approach is to view price as the most important aspect and other factors as constants. We refer to this as the ‘Ceteris Paribus’ (other-things-equal) assumption. The other factors are named
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Change Within The Juvenile Justice System: The History & Review of the Juvenile Justice System Jerod H. Richardson Survey of Law and Criminal Procedure CJ 2241 Professor David Horiuchi 11/20/2014 Change Within America ’s Juvenile Justice System One of the hardest decisions that judges have to make is sentencing a juvenile to be tried as an adult. With the increase in violent crimes in America today‚ juveniles are often found in the front line of media for violent crimes.
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A TERM PAPER ON THE RECOGNITION OF OPPORTUNITY COST AND RELEVANT COST: A TOOL FOR EFFECTIVE BUSINESS DECISION MAKING BY IWUCHUKWU UCHENNA IWUAKU O9AA08549 ACCOUNTING 300L LECTURER: MRS OBIGBEMI INTRODUCTION The role of opportunity cost and relevant cost cannot be overemphasized in the making effective decision making. They work hand in hand in making sure that the company makes the best economic decision‚ they are both used in making managerial decisions at every level of planning and
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conceptual framework. Globally‚ businesses and private individuals seek to have and operate a consistent way of report and recording accounting and financial information. Such activities will enable an entity to make decisions or improvements to their business. These decisions will unknowingly affect the stance in which an economy is in. If the accounting methods are consistent‚ the operation of the business will be much more efficient and therefore the existing reporting period is then able to
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Increases and Decreases In Social Capital The definition of ‘social capital’ is easiest to define when looking at both words separately. Essentially‚ the ‘capital’ is the breadth‚ number and subsequent advantages of ‘social’ bonds. As sociologist John Fielding puts it‚ “Its central thesis can be summed up in two words: relationships matter.” (Field‚ J (2008). Social Capital. 2nd ed. New York: Routledge. 1). These relationships may manifest themselves in numerous social contexts‚ such as in work
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not all cost and revenue data is relevant. The cost data relevant for decision-making is referred to as relevant costs and that which is not useful for decision-making is non-relevant costs. On the revenue side‚ the only relevant revenue is the incremental & differential revenue. Relevant and Non-Relevant Costs: 1. Future Costs and Sunk Costs (IR): A future cost is that cost yet to be incurred and since the decision is in the future‚ future costs are relevant. A sunk cost is a historical
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