COST THEORY essays
Last update: July 2, 2015-
Theory of Absolute Cost Advantage
Theory of Absolute Cost Advantage MERCANTILISTS' VERSION Mercantilism stretched over nearly three centuries, ending in the last quarter of the eighteenth century. It was the period when the nation-states were consolidating in Europe. For the purpose of consolidation, they required gold that could best be accumulated through trade surplus. In order to achieved trade surplus, their governments monopolized trade activities, provided subsidies and other incentives for export, and restricted imports. Since most European countries were
Rating:Essay Length: 4,668 Words / 19 PagesSubmitted: July 10, 2011 -
Apple Inc - Case Study on Agency Theory
CASE STUDY ON AGENCY THEORY Apple Inc started operations in early 1970. The company produces specialized items for manufacturing cars. Most of the raw materials used are imported from Brazil because the cost is low and the labor is very cheap. The CEO for Apple Inc, Mr Rodriguez, makes every attempt to keep the cost at the lowest. From 1970 to 2000 net income has increased at a rate of at least 25% per year.
Rating:Essay Length: 418 Words / 2 PagesSubmitted: November 24, 2010 -
Eric Berne's Transactional Analysis - Ta Theory Development and Explanation
Eric Berne's Transactional Analysis - TA theory development and explanation Transactional Analysis is a theory developed by Dr. Eric Berne in the 1950s. (Transactional Analysis early history here.) Originally trained in psychoanalysis, Berne wanted a theory which could be understood and available to everyone and began to develop what came to be called Transactional Analysis (TA). Transactional Analysis is a social psychology and a method to improve communication. The theory outlines how we have developed
Rating:Essay Length: 763 Words / 4 PagesSubmitted: January 27, 2011 -
Starbucks Costs Analysis
STABUCKS COSTS ANALYSIS In order to overturn the decline of its earnings, Starbucks set up in 2008, an aggressive Cost Reduction Plan to improve its operational efficiency and its earnings Results. This Cost Reduction Plan directly impacted the Earnings of the Company in the fiscal year 2009. In our attempt to estimate the earnings of the company in the 4q 2009 we will analyze and measure the impact of the cost reduction plan during the
Rating:Essay Length: 1,355 Words / 6 PagesSubmitted: February 18, 2011 -
Analysis of Fixed and Variable Costs
A. Analysis of Fixed and Variable Costs Sales (units) 57024 Production (units) n 57024 FIXED COSTS/EXPENSES E Marketing: Salesmen's salaries 4444000 Salemen's training 299100 Advertising 1070000 Territory sales office rental 45000 Territory offices operating expenses 180000 Credit department 0 Home office 73125 Total - 6111225 General & Administrative: Executive salaries 480000 Secretarial & clerical 180000 Supplies 15000 Depreciation, building 5000 Depreciation, furniture & fixtures 00 Total - 6800 Manufacturing: Fixed direct labor 1110000 Utilities 10500
Rating:Essay Length: 498 Words / 2 PagesSubmitted: February 20, 2011 -
Ways to Manage - Expectancy Theory
Consider the description of the very first "Obama Seder," which "took place at the bleakest point of the campaign, the long prelude to the Pennsylvania primary." Why did the three young Obama staff people make the effort (=why were they motivated) to prepare and conduct the described Passover seder? Answer: For this question, I will use the Expectancy Theory to explain. By definition, Expectancy Theory is a theory that is based on the idea that
Rating:Essay Length: 312 Words / 2 PagesSubmitted: February 25, 2011 -
Cognitive Dissonance Theory - Discord Between Behavior and Belief
Discord between behavior and belief The distressing mental state that people feel when they "find themselves doing things that don't fit with what they know ,or having opinions that do not fit with other opinion they hold. That mean the theory on cognitive dissonance motivates us to change either our behavior or our belief in an effort to avoid that distressing feeling. Cognitive dissonance being with the idea that the communicator carries around a rich
Rating:Essay Length: 395 Words / 2 PagesSubmitted: March 8, 2011 -
Cost Descriptors Paper
Cost Descriptors Paper MEMO TO: HR Manager FROM: Shevonne Prescott-La Cour DATE: February 7, 2010 RE: Cost Descriptor It has come to my attention that since the last meeting, there has been some misunderstanding of the on-going budget discussion. There are several terms used to describe cost. Hopefully this memo will provide a better understanding of the terms used when discussing budget. The terms of importance, but not limit to include: fixed, variable, direct, indirect,
Rating:Essay Length: 834 Words / 4 PagesSubmitted: March 14, 2011 -
Cost Benifit - Ibm Ilog Software Investment
IBM ILOG SOFTWARE INVESTMENT Letter to executives IBM has announced its new software technology for transportation companies and Next Day Air Service will benefit from this new software/program. Our Operations & Financial departments have determined that with the new software from IBM the company's Revenue will increase 12% and our Operation Expenses will decrease 10% for the first year. This is an overall 22% increase in Profits for Next Day Air Service. Benefits of IBM
Rating:Essay Length: 849 Words / 4 PagesSubmitted: April 7, 2011 -
Theory of the Firm - Corporate Attire Inc
The discussions and recommendations in this report are primarily based on the theory outlined by Hendrikse (2003) supplemented with litterateur outside the curriculum. Focus will for the most part be on the principle-agent problem and the aspiration is to move Corporate Attire Inc. (CAI) to a state of equilibrium which will increase sales and shareholder value. Surplus, conflict of interest and asymmetric information are according to Hendrikse (2003) the drivers behind an interesting principal-agent problem
Rating:Essay Length: 650 Words / 3 PagesSubmitted: April 14, 2011 -
Maslow's Theory
Q1. How does Nucor's approach to motivation build on recommendations from Maslow's and McClelland's need theories? Explain. Maslow's Hierarchy of needs theory. This theory proposes that people are motivated by multiple need and these needs exist in hierarchical order. Maslow's theory identified five general types of needs: Higher order needs "External" 1- Physiological. Includes thirst, hunger, and other bodily needs. 2- Safety. This includes safety and secure Low order needs "internal" 3- Social. Affection, belongingness,
Rating:Essay Length: 421 Words / 2 PagesSubmitted: April 15, 2011 -
Plato's Theory of Recollection: Bogus or Brilliant?
"Plato's Theory of Recollection: Bogus or Brilliant?" Can it be proven that the human soul is immortal? This is the question that Plato attempts to answer in his book, Phaedo, and it serves as the unifying theme of the work. This issue is significant because the author suggests that the knowledge that man possesses is not learned. Instead, it is innately present in human beings and is recalled once it is somehow triggered within us.
Rating:Essay Length: 549 Words / 3 PagesSubmitted: April 27, 2011 -
Mintzberg Theories
Henry Mintzberg is a management theorist who identified 10 different roles that effective managers undertake. The roles are classified into three main categories: decisional, informational and interpersonal (Wanddell, 2008 p.16). The decisional role is related to how mangers plan strategies and use resources. It is subdivided into four roles: entrepreneur, disturbance handler, resource allocator and negotiator. The task of obtain and transmit information is the informational role, which is subdivided into three roles: monitor, disseminator
Rating:Essay Length: 651 Words / 3 PagesSubmitted: May 14, 2011 -
Theory of Knowledge Presentation
Theory of Knowledge Presentation- Madrid Monika Fie Hardy, Jessica Laugesen & Charlotte Fredsbo April 17, 2011 Table of Contents: What is History? What is Art? What is Emotion? What is Religion? -Case Study in History, Art, Religion: Temple of Debod -Case Study in History, Art, Emotion: Las Meninas * What is History? -Study of the past, history consists of two type's of history: natural history and human history. This presentation is going to discuss human
Rating:Essay Length: 300 Words / 2 PagesSubmitted: May 15, 2011 -
McClelland's Theory of Needs
McClelland's Theory of Needs David McClelland, an American psychological theorist from Mont Vernon, NY, was famous for his work on achievement motivation and also for taking part in creating the scoring system for the Thematic Apperception Test. His work was highly influenced by the work of Henry Murray. McClelland proposed that an individual's specific needs are acquired over time and are shaped by one's life experiences. These needs can be placed into three categories: Need
Rating:Essay Length: 1,479 Words / 6 PagesSubmitted: May 16, 2011 -
Reader Response - Theory on Robinson
Introduction: "Robinson Crusoe", which was written by Daniel Defoe, appeared with a new style in its time. The strange on this novel was its title which has been changed. Now its title is "Robinson Crusoe", but the previous was like a summary of the whole actions, it was "THE LIFE AND STRANGE SURPRIZING ADVENTURES OF ROBINSON CRUSOE OF TORK, - MARINER: Who lived Eight and Twenty Years, all alone in an uninhabited Island on the
Rating:Essay Length: 5,690 Words / 23 PagesSubmitted: May 17, 2011 -
How Can Sociological Theory Inform Our Understanding of Sport and Leisure in Contemporary Society?
The purpose of this essay is find out how can sociological theory inform our understanding of sport and leisure in contemporary society? Sociology is the study of the development, structure, and functioning of the human society. " the discovery of sociology can change your life. It can help you to understand the social forces that constrain you and free you as you go about living you life." (Hensling, 1999; 1-2) Sport is a big part
Rating:Essay Length: 631 Words / 3 PagesSubmitted: May 26, 2011 -
Cost Centers
A cost center is a department or multiple units within an organization where a manager is completely accountable for costs. In an organizational setting, a manager is supplied with a chronicle of data which includes cost information, figures and reports of each department/units displaying the expenses of the organization. A cost center might be a division, an office, or an entire department, depending upon the organizational structure. Cost information should come close to perfection allowing
Rating:Essay Length: 375 Words / 2 PagesSubmitted: June 3, 2011 -
Theory of Continental Drift
The theory of continental drift is one that has been explored and examined by many scientists, but when one speaks of this theory, the German scientist Alfred Wegener comes to mind. His theory states that approximately 300 years ago, all of the continents were one large mass of connected land called Pangaea (figure 1), and over time they split apart, the separate pieces of lithosphere gradually moving over the asthenosphere. Even now, those plates are
Rating:Essay Length: 655 Words / 3 PagesSubmitted: June 4, 2011 -
Sociological Theories of Deviance
'With reference to specific research evidence (theories and studies), identify, analyse and evaluate the contribution made by the consensus, conflict and interpretivist approaches to deviance and social control.' Sociological theories of deviance differ from physiological and psychological explanations as they do not see deviance is as something that is innate to the individual but as a product of society in question and understandable within its context. For this essay I am going to examine different
Rating:Essay Length: 2,816 Words / 12 PagesSubmitted: June 5, 2011 -
Mgt 604 - Management Process and Organizational Theory
Oleg Yudes Management Process and Organizational Theory MGT604-60 Reaction Paper # 1.Due February 9, 2011 Abstract In this reaction paper I will discuss issues of ethical management, steps that might be helpful when dealing with moral dilemmas in the workplace and a concept of Corporate Social Responsibilities. Those are the issues that managers are facing in today's environment and those are the issues that, in the long run would separate successful businesses from the rest.
Rating:Essay Length: 1,569 Words / 7 PagesSubmitted: June 7, 2011 -
Preference Relations and Utility Theory
Previously Gerard Debreu discussed Preference Relations and Utility Theory and now answers the question "When can we get a continuous utility function?" He begins by showing how a concave utility function has convex indifference curves. He gives the following definition: If you take a convex set X and take the graph of the utility function, therefore you need one more dimension, then the set of points below the graph is a convex set. This means
Rating:Essay Length: 298 Words / 2 PagesSubmitted: June 9, 2011 -
Basic Marketing Definitions and Important Marketing Theories
ntroduction This paper is going to review some basic marketing definitions and important marketing theories. Moreover, two important marketing theories--customers focus and 4Ps Marketing Mix is specifically addressed. In the part three, the importance of Service Mix is analyzed with particular examples. 1. Chartered Institute of Marketing's definition of Marketing Different academic institutions or scholars try to use their own understanding to explain what marketing is. However, according to Chartered Institute of Marketing analyze, the
Rating:Essay Length: 770 Words / 4 PagesSubmitted: June 9, 2011 -
Human Development Theory - Papalia & Feldman
According to Papalia & Feldman, from conception, a life has similar patterns of growth changes, from babies to children, to adolescents and then adulthood, all with certain personality characteristics in common. Such as, 10 to 15 percent of children may be shy, while another 10 to 15 percent may be bold. Nevertheless, they concluded that in spite of these similarities, at conception, when that single cell developed, it created a unique individual that remains special
Rating:Essay Length: 518 Words / 3 PagesSubmitted: June 9, 2011 -
Karl Marx Theory on Labor Alienation
Marx's theory on labor alienation takes major part in Marx's early writings in particular Economic and Philosophical Manuscripts of 1848. Marx believes that in a capitalist society, the worker suffers impoverishment and estrangement alienation from the labor process. (SparkNotes Editors, 2005). Society is split into two classes the capitalists (ruling upper class) and the workers (lower class). (Kendall, 2007). Marx ideas about alienation have been influenced from Feuerbach and Hegel. (Morrison, 1995). His theory consists
Rating:Essay Length: 2,060 Words / 9 PagesSubmitted: June 12, 2011