The Federal Trade commission did a study on why gas prices fluctuate in 2005. In their reports it brought out that some observers suggested that oil company collusion, anticompetitive mergers, or other anticompetitive conduct was the primary cause of higher gasoline and not market forces. For this reason, the Federal Trade Commission (FTC) investigated these claims and revealed that it was the market factors that were the primary drivers of the gas price increases and spikes. According to the study of a particular gas spike in phoenix conducted by FTC there were basic lessons about how gas prices increase or spike. First, when demand is greater than supply the gas prices rise; if it costs more to produce and supply it or if people buy more of it at the current price.
Quality control costs may be a direct cost of the Manufacturing Department, but an indirect cost of an individual job. Answer: True Difficulty: 2 Objective: 1 Terms to Learn: job 3. Cost objects may be jobs, products, or customers. Answer: True Difficulty: 1 Objective: 1 Terms to Learn: job 4. The cost driver of an indirect cost is often used as the cost-allocation base.
1) IT outsourcing of Perot Systems Inc., which was founded by Ross Perot in1992 would lead to a "giant sucking sound" of U.S. jobs over the border, is operating in a way similar to many outsourcing firms and is increasing use of overseas labor. Indeed, it has significantly affected unemployement in us with the company going to look for cheaper workers principally in India. Furthermore, it created a break in prices which led to a quasi monopoly for a specific period of time wi the consequences of killing the competition. 2) In the beginning of the decade the IT department has suffered from unsufficient founding. Indeed, compared to other departments the IT one received significantly less funds what did not enable it to develop at the same pace of other departments first and created a marginalisation of the IT department what might be deeply prejudicable to the company.
* Financial statement disclosure has been expanding * Mandated information disclosure justified b/c it minimizes or reduces a “market failure” to provide information voluntarily. W&Z suggest regulation is a response to market failures associated w/ private production of information. They conclude that market failure arguments are fallacious and disclosure regulation may not achieve a social optimum. In general, they’re arguments are against accounting regulation. Purpose: To review critically anti-regulation arguments and their link to positive accounting theory.
Results Y0: ROA = 5.2%, Gross return = 9.3% Targets for Y1 & Y2: Gross return = 12% (Low return investment due to regulatory reasons + 15% Gross return from) other investments Y1: ROA = 5.7% Gross Return = 9.5% IP division’s return on investment too low. The division manager responded: if we had a lot of old machines the way CP does. Y2: ROA = 5.4% Gross return = 5.5% However, return on sales rose fro; 5.1% to 5.5%, ROE rose from 9.1% to 9.2% PS division exceeded the 12% target, CP = 10.8%, IP=6.9% Questions. 1. a. Here for each division, NI = DIBT – share of corporate administrative expenses – share of income tax expenses.
2 2.1 The low wage sector 2 2.2 Spillover Effect on the mid wage sector 3 2.3 The Monopsonistic Model 4 3.0 Critics of researches done before 5 3.1 Fast Food Industry in the U.S, a case of monopsony? 5 3.2 The UK care home sector 5 Introduction Since the minimum wage has been introduced nationally in 1999 its effects on employment were subject to extensive researches by UK Scholars and economists. Some argue that the minimum wage has a positive effect in employment, and increasing welfare. Some believes that this minimum wage is controversial in the sense that it doesn’t higher employment. The main objective of this essay is to offer a clear apercu of the employment effects of minimum wages.
Charles Schwab Corporation (A) Case Analysis As David Pottruck, would you cut prices on January 15, 1998? What alternatives did he have? In 1997 the market of online trading was already segmented in two categories: 1. Very price sensitive customers preferring deep discounted commissions 2. Less price sensitive customers giving more value to the products and services Customer profile of both categories is also different.
Learner Name Assessor Name Date Issued Completion Date Submitted On Unit Code Credit Value Guided Learning Hours H/502/5413 10 60 Qualification Unit Number and Title BTEC National, level 3, National in Business Unit 4 Business Communication In this Assignment you will have opportunities to provide evidence against the following criteria: Criteria Ref. To achieve the criteria the evidence must show that the learner is able to: Task No. Learning Outcome Achieved? Feedback P1 Explain different types of business information, their sources and purposes 1 P2 Present complex internal business information using three different methods appropriate to the user’s needs 2 P3 Produce corporate communications 3 P4 Evaluate the external corporate Communications of an existing product or service 3 P5 Explain the legal and ethical issues in relation to the use of business information 3 P6 Explain the operational issues in relation to the use of business information 4 P7 Outline electronic and non-electronic methods for communicating business information, using examples for different types of audiences 4 M1 Analyse different types of business information and their sources 1 M2 Analyse the Legal, ethical and operational issues in relation to the use of business information, using appropriate 1 D1 Evaluate the appropriateness of business information used to make strategic decisions 1 D2 Evaluate the effectiveness of
Logistics Case Study Paper 1 Week 3 DeVry University The Case of Handy Andy, Inc. The case study of Handy Andy, Inc. presents the problems associated with having authorized dealers distributing products rather than having them distributed direct from the manufacture. Whether it is through installation or quality of product issues, it is important to capture feedback and customer input from time to time to ensure that your business and products are being represented to the highest degree. Customer Service: That is the Question Looking at the intended survey that Mr. Ortega began contacting customers on; we see that there was an issue in certain cities with delivering the contractual level of service between the authorized factory distributors and the licensed distributors on behalf of Handy Andy, Inc. Furthermore, there were other, more contractually damaging findings that produced questions as to whether these certain distributors were conducting themselves as honest representatives of Handy Andy, Inc.
The Fulfillment Partner Business segment refers a 3rd party liaison between customers in search of low prices and retailers & manufacturers that are looking to liquidate. The company’s strengths includes: strong branding and excellent marketing via TV, radio, and print. The company’s weaknesses includes: 1) Poor global economic conditions have affected consumer demand for the kind of goods that Overstock.com sells. 2) Overstock.com spends large sums of money on search engine promotion since search engines such as Google have become the increasingly popular way of searching for merchandise versus an established platform such as Amazon. WalMart Inc. WalMart Inc. is the world’s largest retailer and grocery