Question 3 13 Break-Even analysis 15 Variance analysis 18 Question 4 20 Case Summary Berkshire is one of the eight companies in threaded fasteners industry in New England. The company produces 3 types of metal fasteners (nuts & bolts)‚ including 100 series‚ the 200 series and the 300 series. The products are sold by the company’s salaried sales force throughout New England. In 1973‚ Berkshire’s share on industry sales in New
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This analysis examines the income and cost information presented by Berkshire Threaded Fasteners Company from historical and projected perspectives to justify two major decisions: withdrawal of a product line‚ and reduction of the selling price of another. Furthermore‚ these decisions will lead into suggestions about the overall strategic approach of the firm. At the beginning of 1974‚ Berkshire leadership advocates withdrawal of the 300 Series product line. First glance at the income statement
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communicated to the offeror. A contract comes into existence until or unless the acceptance is communicated. Moreover‚ the offeree must agree to all the terms of the offer‚ and the acceptance cannot be deemed or assumed. In Household Fire Insurance Co. v. Grant (1879) 4 Ex.D 216‚ a letter of allotment of shares which is applied by Grant is sent to him but never reaches him. The Court held that the contract was completed on posting and Grant becomes one of the shareholders of the company. Similarly
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Argumentative essay - Separate-Gender Classes in Co-Ed School is the best solution to the situation Nowadays‚ many parents are worrying about the amount of distractions that exist in co-ed schools‚ which directly affect their children’s academic performance. This is simply due to the fact that there are chemical reactions when different genders spend time together. Consequently‚ there are a number of negative effects‚ for example‚ achieving bad academic performance and inappropriate relationship
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Co-branding involves combining two or more brands into a single product or service. Companies engage in co-branding to leverage strong brand. It is becoming a popular business practice to strive for a positive association between different brands that can develop synergy. A well executed co-branding strategy can lead to win-win situation for both co-brand partners and can help in realizing unexplored markets or untapped opportunities. Concisely‚ it is instrumental to handle almost every marketing
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Tues.& Thurs. Stephen Dufrechou 12/03/13 Benefits of co-sleeping with your infant for the first six months For as long as we can remember we are always told to never sleep with your baby that you could suffocate them by rolling over on them or what not. In a study by Davies‚ he found that prior to the 1700’s co-sleeping was a normal thing around the world. It was not until the 1800’s when the western society moved away from co-sleeping to an independent sleeping arrangement claiming the
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Co-branding defines itself a s two or more companies forming an partnership‚ working together‚ creating marketing synergy. An example of this includes using a popular brand name ingredient in a brand name product. This is called "Ingredient Co-branding." Another form of Co-branding called "Composite Co-branding involves combining two distinct products together to form one marketable product. This benefits both retailers of said products. The difference between these two terms is the first
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1.Introduction (1) Co-ordination is the unification‚ integration‚ synchronization of the efforts of group members so as to provide unity of action in the pursuit of common goals. It is a hidden force which binds all the other functions of management. According to Mooney and Reelay‚ “Co-ordination is orderly arrangement of group efforts to provide unity of action in the pursuit of common goals”. According to Charles Worth‚ “Co-ordination is the integration of several parts into an orderly hole to
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In 1837 Charles Lewis Tiffany and John F. Young opened Tiffany & Young‚ with $1‚000 in backing from Tiffany’s father. This store was located on Broadway and was opposite of Manhattan’s City Hall Park. The first store sold stationery and a variety of "fancy goods‚" including costume jewelry. Unlike other stores of the time‚ Tiffany featured plainly marked prices that were strictly enforced to‚ sparing the customer the usual practice of haggling with the owner or sales man. Tiffany also departed from
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CO-EDUCATION The Meaning Of Co-Education Co-Education means the teaching of both boys and girls in the same school and under the same roof. It also means imparting the same education to both the sexes without any distinction. This system of education aims at bringing boys and girls together. It allows free mixing of sexes without any inhibition. Co-education generates harmonious relationship‚ a sense of co-operation‚ and thus‚ helps in the progress of the nation.Co-education is a system
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