How to Do Term Papers

How to Do Term PapersThese days, as many are claiming to be the best time ever to do term papers, you will be able to see many different programs that are offering them to students. You will be able to find different ways on how to do term papers and do it efficiently. However, it is advisable that you consult a professional, who has experience on this area, if you want to make use of this resource.Students often fall in a situation where they face difficulties in the term paper writing. Their English language skills may not be up to par, or they are simply unable to write an effective paper. The reason for this can be many things. Whether you write your term paper due to lack of time, lack of interest, or you are just not sure what to write, the answer may be simple, but the question is, how to write the term paper.To help you learn how to write a term paper, read the following guidelines. This is not a complete list of how to do term papers. It is only a list of some helpful tips. If you find yourself in a similar situation, consider these guidelines.You will find that the first thing to consider is how to break down the problem or how to organize the information for a term paper. For example, if you will be working on a research paper, you will need to collect your data on the topic that you are working on. Before you start thinking about writing a paper, you should first identify the data that you need. Be sure to record the data that you already have on hand. This helps you avoid the search of paper because you already have the data that you need to use.Another useful tip that can help you write a term paper is the understanding of the format of a term paper. Write the summary, introduction, body, conclusion, and conclusion. In this regard, your project advisor will also help you understand how to do term papers. Also, they will suggest certain things that you can include. Thus, it is important to understand the format of a term paper before you begin. It is recommended that you always stick to the format that the professor has suggested.The next aspect that you should keep in mind when writing is that you should consider the word that you are using for the paper. You will often find that there are many keywords that you may use for your paper. These keywords should be used in combination with the appropriate pronouns. Therefore, when writing the title, you should make sure that you put the proper pronoun in the title.A term paper is a written assignment for students to express their thoughts and ideas. It is also a useful guide for their instructors, who want to assess their proficiency with their subjects. Hence, writing a term paper will help you understand your level and understanding. Thus, it is advisable that you write a term paper for your subject or topic that you have chosen. It will also help you with the assignment that you are assigned.

Abc Kitchens - 1991 Words

Abstract ABC Complete Kitchens, Inc. has a plan to develop framework and strategy of building a new plant in six months within a Midwestern U.S community. The previous presentation has shown the whole activities for this establishment. However, due to the world economic crisis, we must carefully consider the effect of the economic factors to the operations of our new factory. Therefore, due to limited time and resources, only some major macro and micro economic factors that could directly impact on our plant operations such as inflation, unemployment and financial issues, will be discussed in this paper. Besides, legal considerations including crime, torts, liability and foreign legal system which possibly cause bad effect to the†¦show more content†¦2. Adverse effect The world economy as well as the US economy is facing a lot of difficulties such as financial issues, high inflation and unemployment rate, and bankruptcy. Not only big customers but also individual ones have to cut down spending. Potential customers such as restaurants, hotels and conventional centers are the subjects which were strictly affected by the economic crisis. They also loose a significant number of customers which causes a bad effect to their spending and profit. Besides big customers, our individual ones are also affected by the unemployment, income reduction, and high cost of living. They need to spend less money for unnecessary household commodities like kitchen implements. The recession also causes difficulty for real estate market. A lot of construction projects are pending while they are considered to be a big customer for kitchen equipments. The sales of high-grade products will go down first because these products are mostly made for high-income customers. It is difficult for us to get profit from such products as kitchen cupboard and equipment with sophisticated design. The demand of our products is liable to be decreased, especially the luxury or customized products. Obviously, it can be seen that it is a challenge to keep our sales stable. 3. Solutions for the new plant during the recession - Promote marketing activities, advertizing,Show MoreRelatedMemo for ABC Complete Kitchens Inc2170 Words   |  9 Pagesï » ¿ Finance and Accounting Memo focusing on Managements Role and Responsibilities within ABC Complete Kitchens, INC SKS5000-8 Comprehension Strategic Knowledge Studies February 9th, 2014 Professor Nick Harkiolakis Memorandum To: The Board of Directors of ABC Complete Kitchens, Inc. From: Alexandra Kent Date: February 9th, 2014 Subject: Managements responsibilities regarding finances and accounting â€Å"Great organizations demand a high level of commitmentRead MoreSWOT Analysis: ABC Complete Kitchens Essay956 Words   |  4 PagesSWOT Analysis ABC Complete Kitchens . 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By investingRead MoreEssay about Phenomenal Growth and Techniques of ABC Kitchesn1355 Words   |  6 Pagesthis memo I will address the management information systems and quantitative research techniques for ABC kitchens, Inc. I will recommend the statistical approach for ABC Complete kitchens and I will define the management information systems currently in place which can provide the productivity data required. ABC Complete Kitchens, Inc. is experiencing phenomenal growth at this time. ABC is outpacing their competitors, and from a technology perspective we will need to ensure that our technical

Organizational Culture and Strategy Implementation

Question: Discuss about the Organizational Culture and Strategy Implementation. Answer: Introduction With the increasing level of competition, it has become necessary for every business entities to focus on developing suitable strategies for achieving sustainable growth in the market. For that reason, organizations have tried to analyze possible internal and external factors that can have major impact on the business perspective. In this report, the focus will be on one of the popular organizations dealing in the retail sector namely Aldi Australia. The organization is among the most popular supermarket chain that has around 10,000 retail outlets in 18 countries. Theo Albrecht and Karl Albrecht established Aldi in 1946 with the objective of becoming superior brand in the retail market (aldi.com, 2017). The organization has focuses on different product segment including sanitary articles, food beverage and household goods for increasing its popularity in the market. The mission statement of Aldi focuses on the global expansion perspective for reaching to maximum number of customers in an appropriate way. For that reason, it has always focused on evaluating the initiated internal and external strategies to create maximum impact on the market. In 2001, Aldi has opened its first store in Sydney area for realizing its global business expansion perspective. Initially, Aldi has tried to utilize discounted strategy for enhancing the popularity in the Australian market. In 2006, Aldi has able to capture around 12.6% of the total market share of the Australian market (Dauber, Fink Yolles, 2012). It highlights the fact that Aldi has able to implement effective strategies for handling the business related challenges in an appropriate manner. Identify and evaluate the suitability of the organisations current strategy: As highlighted by Paksoy, Pehlivan and Kahraman (2012) organizations need to focus on the development of the strategies to counter the market related challenges in an appropriate way. Therefore, it has to focus on evaluating the prime factors that can have major impact on the business perspective of the organization. Now, Porter generic strategies are considered as one of the most popular tools that can allow organizations to gain competitive advantage in the market. Aldi has evaluated different strategies for expanding the business in the global market. Porter generic strategies have highlighted the fact that organizations can able to gain two type of competitive advantages including lower cost and differentiation depends on the implemented strategies. The strategies highlighted in Porter generic approach are discussed as follows: Cost leadership strategy: As highlighted by Rothaermel (2015) cost leadership strategy focuses on capturing price sensitive or cost-conscious customers for gaining competitive advantage in the market. Now, the business strategy of Aldi has always focused on providing superior quality of groceries product at the cheapest price level. As a result, it has able to gain the attention of the customers in a major way. Now, cost leadership strategy has highlighted the fact that effective utilization of lower price strategy depends on the effective development of the low cost operational process. Otherwise, organizations will not able to achieve high return on investment. Now, business strategy of Aldi has tried to design products in such a way so that it can able to influence people from different cultural background. Moreover, Aldi has also tried to utilize cost-efficient marketing and promotional strategies for achieving maximum profit level. Differentiation strategy: As opined by Mantere (2013) differentiation of products is another popular way of attracting more number of customers in the business segment. In the present competitive business structure, several prime retail organizations like Walmart and Tesco have included wide range of products within the business segment to get closer to more number of customers. However, Aldi has primarily focuses on the groceries segment to become the most popular supermarkets in the global market. However, Aldi has implemented different products like liquor and home appliances to capture all segment of the Australian market. For that reason, Aldis present tactics also goes with the differentiation strategy, which will create major impact on the business development perspective (Wilden et al., 2013). It has also tried to utilize shareholder model to creating maximum impact on the business perspectives. Focus strategies: Porter generic strategy model has also mentioned focus strategies that business entities can utilize for achieving competitive advantage in the market. It has been assessed that prime organizations that are focusing on utilizing differentiation strategies in conjunction with the focus strategies to create maximum impact on the market (Ahmadi et al., 2012). However, Aldi has focused on utilizing different product design to penetrate all areas of the market in an appropriate way. Thus, Aldi is actually utilizing broad marketing strategies, it will primarily focus on the cost effective strategies for fulfilling the business objectives in an appropriate manner. Evaluation of the internal and external environment: As per the article by Kalkan, Bozkurt and Arman (2014) effective evaluation of internal and external factors are necessary for the successful fulfilment of the business objectives. Therefore, Aldi also will have to focus on the proper analysis of the internal strengths and weaknesses so that it can able to create maximum impact on the market. As mentioned earlier, Aldi has able to reach its presence all across global market. As a result, it has able to create strong brand value, which will eventually create positive impact on the business perspective. On the other hand, Aldi also has focused on utilizing low-price strategy, which also has created positive impact on increasing the popularity in the global market. Moreover, Aldi has also focused on providing high quality grocery products to the customers so that it can able to add value to the business perspective. Aldi also has tried to utilize different type of product design to ensure that it remains acceptable for the people from d ifferent cultural and educational background (Baruah Ward, 2015). As a result, these factors have provided major advantages in handling business activities effectively. On the other hand, Aldi also have to face huge amount competition from several other prime retail chain organizations at the time of conducting business. For that reason, it will have to face threat of losing the market share to any other prime retail chain organizations. Moreover, competitors are looking to utilize effective strategies so that they can able to capture major share of the market (Jani?ijevi?, 2012). Moreover, business strategy of Aldi has focused primarily on the grocery products. As a result, it does not have as much differentiation advantage compared to other retail chain organizations like Woolworths, Tesco and Walmart. For that reason, it will enhance the threat level for the organization in order to achieve sustainable growth in the market. Value chain activities: As opined by Selznick (2014) effective utilization of value chain activities is necessary for the business entities to achieve sustainable growth in the market. For that reason, Aldi has also focused on the effective development long-term relationship with all the suppliers so that they can able to receive products with lower price level. Specifically, as Aldi is trying to utilize low-cost strategy, it is necessary for them to gather superior quality of raw materials at cheaper prices than its competitors. Otherwise, it will found very tough in maintain desired profit level for the organization. Aldi has also focused on developing retail outlets in all the prime areas with excellent quality of logistic system, which ensure that required amount of products is always available at all the outlets (Agha, Alrubaiee Jamhour, 2012). As a result, it will definitely help Aldi to add value to the provided quality of services. Moreover, Aldis business strategy includes different product design so that it can be acceptable for all community people. Thus, it will also help to provide value added services to the customers. Effectiveness of the present strategies: From the above discussion, it can be assessed that Aldi has tried to utilize different strategies for achieving sustainable growth in the market. For instance, the organization has initiated a constant effort in enhancing its global reach so that it can able to access maximum number of customers. As a result, Aldi has able to expand in 18 countries in a very short span of time, which also has created major positive impact on the overall revenue level as well (Fiss, Cambr Marx, 2013). On the other hand, Aldis business strategy also includes keeping the price level lower than all its competitors, which also have greater impact in developing popularity across the geographical boundaries. For that reason, it can be mentioned that Aldis initiated strategies has helped the organization to fulfil all its business aim and objectives in an appropriate manner. Justification of the present strategies: As highlighted by Steensen (2014) business strategies play a crucial part in the success of any organization. Therefore, it is necessary for all the business entities to focus on continues evaluation process of the business strategy so that they can able to achieve sustainable growth in the market. Now, Aldis low-cost strategy is extremely useful in enhancing the popularity level in the global market. Moreover, it has also helped the organization to achieve competitive advantage in the market. However, it is also necessary for Aldi to maintain such price level for the products that can provide desired profit level. For that reason, Aldi will have to focus more on the operational process to minimize the cost associated with it. On the other hand, Aldi also have tried to include talent from the host countries so that the entire business procedures can be completed with limited budget. However, it Aldi will also have to consider of providing more opportunity for the people of other coun tries to represent itself as a responsible corporate citizen. Evaluation of current strategy through Hubbards strategy implementation model: Aten and Thomas (2016) have highlighted the fact that effectiveness of the implemented business strategies depend on several factors. Therefore, it is necessary for the organizations to analyze all the factors effectively to identify best possible strategy for fulfilling all the business objectives. Many studies have recommended different strategies for analyzing the implemented business strategies of the organization. However, for the evaluation of the implemented strategy of Aldi, the report will focus on Hubbards strategy implementation model. The Hubbard model have highlighted several factors including system, structure, culture, people and leadership that can have major impact on the overall performance level of the organization. Specifically, as Aldi is conducting business in global platform, it has become necessary for the organization to consider the impact of environmental changes on the overall business perspective. As per the article by Bharadwaj et al. (2013) customers fr om different countries have different values, cultures, believes and education. As a result, it is more likely to create change in preferences. Therefore, it is up to the organization to focus on formulating such business strategies that can cover all business aspects in an effective way. The factors mentioned in the Hubbards model are described as follows: As mentioned by Santos-Vijande, Lpez-Snchez and Trespalacios (2012) systems or technology plays a critical role in maintaining the business level in an appropriate way. Specifically, as Aldi has its presence in different parts of the world, it has to focus on maintaining effective coordination with all the business units. Moreover, management of the organization also need to have proper access of all the relevant information required for handling the business activities in an appropriate manner. For that reason, Aldi has always considered best available technologies to minimize the barriers associated with the business processes. Moreover, it has also tried to utilize different advance technological platforms like for conducting marketing and promotional campaign in an effective manner (Hitt, Ireland Hoskisson, 2012). Business strategy of Aldi also includes effective utilization of advance system for resolving all the customers issues. As a result, it has able to make a great impact on the overall performance level of the organization. In the present competitive business environment, effective utilization of organizational structure is important for performing all the responsibilities of the operational processes. In fact, effective utilization of organizational hierarchy is necessary for the minimizing the amount obstacles that a business entity will have to face at the time of performing operational responsibilities (Lee, Olson Trimi, 2012). Now, business strategy of Aldi focuses on the effective utilization of matrix organizational structure so that it can able to fulfil all the business objectives in an appropriate manner. As a result, it has allowed Aldi to utilize both functional and divisional structure, which has created positive impact on the overall business performances. It has also helped Aldi to develop clear and effective communicational network so that employees do not have face any type of confusion regarding their roles and responsibilities. As a result, it will help to create maximum impact on th e effectiveness of the operational process. Organizational culture refers to the norms that businesses try to utilize to maintain healthy working atmosphere. In the complex business situation, it has become necessary for the organizations to develop culture in such a way so that it can able to perform all its responsibilities (Shirey, 2012). For that reason, Aldi has tried to utilize culture with extensive controls. It strictly focuses on maintaining all the rules and regulation so that all the activities associated with the business process can be completed within given timeframe. Moreover, organizational culture of Aldi also focuses on maintaining strong relationship with the external parties like distributors and retailers so that it can able to fulfil all the business objectives in an appropriate way. Aldi also focuses on formulating ethical values among the employees, as it will ensure effective team or group performances. As per the article by Benitez-Amado and Walczuch (2012), effective utilization of the employees is necessary for enhancing the performance level of the organization. For that reason, Aldi has tried to formulate different strategies in maintain the talent base at the desired level. In fact, HR management of Aldi has tried to analyze the kind of benefits and other facilities that are provided by the competitors so that it can able to formulate effective counter strategies. Aldi has tried to maintain proper benefit and remuneration strategy to keep employees motivated towards their roles and responsibilities. In fact, Aldi has also focused on providing other associated benefits to the employees including health insurance for all the family members in order to ensure they remain with the organization for long timeframe (Mansfield, 2013). Moreover, Aldi also has focused on providing effective career development opportunities in order to ensure that they grow up as professionals in an appr opriate manner. Aldi also has tried to provide effective training and development facilities to the employees so that they can handle advance technologies and business processes in an appropriate manner. As opined by Claver-Corts, Pertusa-Ortega and Molina-Azorn (2012) leadership is a key aspect in handling the performances of the organizations in an appropriate way. It not only allows organizations to maintain healthy working atmosphere but also help to formulate effective strategies for the fulfilment of business objectives. For that reason, Aldi has consciously tried to utilize democratic leadership styles so that it can include different perspectives of the employees in an effective manner. Moreover, it also allows Aldi to maintain the motivation level of the employees. Aldi leadership style has been constructed in such a way so that employees can easily look for help or assistance from the senior management (Al-Swidi Mahmood, 2012). As a result, it has helped the organization to maintain positive healthy working atmosphere, which eventually has made greater impact on the overall performance level. In addition, Aldi has also focused on capturing few advantages of transformationa l leadership style, as it is looking to motivate people with shared vision and mission statement. Aldi leadership strategy focuses on inspiring all the team members so that they can able to give their best at the workplace. For that reason, Aldi focuses on setting clear goals and objectives for each employee so that they can plan their work in an effective manner. Identification of the key issues and recommendations: The above discussion has highlighted the fact that Aldi has able to develop effective strategies for achieving sustainable growth in the market. For instance, low-pricing strategies have able to enhance the popularity level in the global market in a huge way. However, it has affected the amount of profit margin that organization can actually achieve by charging relative higher prices for their products (Coghlan, Rashford de Figueiredo, 2015). It has been highlighted that Aldi has tried to provide different designs for their products so that it can be acceptable for the people coming from different cultural and educational background. As a result, it has increases the cost level for the organization, which also increases the necessity of charging relatively higher prices for their products. On the other hand, the discussion has also highlighted the fact that Aldi has primarily focuses on providing grocery items in the market. As a result, it has not able to take advantages of including diversification in the business segment (Gond et al., 2012). For that reason, Aldi still has not able to capture major share of the Australia and global market. Thus, Aldi needs to focus on including diversification in their product range in order to increase the popularity in the market in an effective way. However, Aldi has included different products like liquor and home appliances in their business segment recently. Still, the diversification in the product range is not at the optimum level that can affect the overall business perspective in an appropriate manner. It has been identified that leadership style of Aldi is primarily focuses on the utilization of democratic leadership style for the fulfilment of the organizational responsibilities. As a result, it has helped Aldi to highlight the significance of employee perspective in the organizational structure. However, it has also slowed the decision-making process of the organization (Macnamara Zerfass, 2012). For that reason, in order to counter any new challenges in the market segment Aldi require more time. As a result, it has affected the effectiveness of the operational process for the organization. In addition, Aldi also need to focus on increasing the number of technologies used in the promotional or advertisement campaign for reaching to its desired customers in an effective way. For instance, Aldi will have to focus on the effective utilization of social media platforms for providing required level of information in an appropriate manner. Aldi will also have to utilize social media platforms for collecting feedback from the customers regarding the quality of products and services they received at the time purchasing from Aldis retail outlets. Moreover, Aldi also need to focus on evaluating present organizational structure to counter future challenges in an appropriate way. However, Aldi already has a well-developed structure where employees know their roles appropriately. Still, increasing competition and changing market environment has influenced Aldi to make specific adjustments to the present structure so that they can able to handle the challenges in an effective manner. Conclusion: The above discussion has highlighted the significance of developing effective strategies for the fulfilment of the business objectives. The report has highlighted the fact that initiated strategies have played a greater role in increasing the popularity of Aldi in the global market. It has mentioned the fact that Aldi has focused on developing independent strategies for internal and external business environment. It has focused on organizational culture and leadership aspect to provide healthy working atmosphere for the employees. On the other hand, it has tried to develop low-price and business expansion strategies for achieving sustainable growth in the market. References: Agha, S., Alrubaiee, L., Jamhour, M. (2012). Effect of core competence on competitive advantage and organizational performance.International Journal of Business and Management,7(1), 192. Ahmadi, S. A. A., Salamzadeh, Y., Daraei, M., Akbari, J. (2012). Relationship between organizational culture and strategy implementation: typologies and dimensions.Global Business and Management Research,4(3/4), 286. aldi.com. (2017). Aldi.com. Retrieved 25 January 2017, from https://www.aldi.com Al-Swidi, A. K., Mahmood, R. (2012). Total quality management, entrepreneurial orientation and organizational performance: The role of organizational culture.African Journal of Business Management,6(13), 4717. Aten, K., Thomas, G. F. (2016). Crowdsourcing strategizing: Communication technology affordances and the communicative constitution of organizational strategy.International Journal of Business Communication,53(2), 148-180. Baruah, B., Ward, A. (2015). Metamorphosis of intrapreneurship as an effective organizational strategy.International Entrepreneurship and Management Journal,11(4), 811-822. Benitez-Amado, J., Walczuch, R. M. (2012). Information technology, the organizational capability of proactive corporate environmental strategy and firm performance: a resource-based analysis.European Journal of Information Systems,21(6), 664-679. Bharadwaj, A., El Sawy, O. A., Pavlou, P. A., Venkatraman, N. V. (2013). Digital business strategy: toward a next generation of insights. Claver-Corts, E., Pertusa-Ortega, E. M., Molina-Azorn, J. F. (2012). Characteristics of organizational structure relating to hybrid competitive strategy: Implications for performance.Journal of Business Research,65(7), 993-1002. Coghlan, D., Rashford, N. S., de Figueiredo, J. N. (2015).Organizational change and strategy: An interlevel dynamics approach. Routledge. Dauber, D., Fink, G., Yolles, M. (2012). A configuration model of organizational culture.Sage Open,2(1), 2158244012441482. Fiss, P. C., Cambr, B., Marx, A. (Eds.). (2013).Configurational theory and methods in organizational research. Emerald Group Publishing. Gond, J. P., Grubnic, S., Herzig, C., Moon, J. (2012). Configuring management control systems: Theorizing the integration of strategy and sustainability.Management Accounting Research,23(3), 205-223. Hitt, M. A., Ireland, R. D., Hoskisson, R. E. (2012).Strategic management cases: competitiveness and globalization. Cengage Learning. Jani?ijevi?, N. (2012). The influence of organizational culture on organizational preferences towards the choice of organizational change strategy.Economic annals,57(193), 25-51. Kalkan, A., Bozkurt, . ., Arman, M. (2014). The impacts of intellectual capital, innovation and organizational strategy on firm performance.Procedia-Social and Behavioral Sciences,150, 700-707. Lee, S. M., Olson, D. L., Trimi, S. (2012). Co-innovation: convergenomics, collaboration, and co-creation for organizational values.Management Decision,50(5), 817-831. Macnamara, J., Zerfass, A. (2012). Social media communication in organizations: The challenges of balancing openness, strategy, and management.International Journal of Strategic Communication,6(4), 287-308. Mansfield, R. (2013).Company strategy and organizational design. Routledge. Mantere, S. (2013). What is organizational strategy? A language?based view.Journal of Management Studies,50(8), 1408-1426. Paksoy, T., Pehlivan, N. Y., Kahraman, C. (2012). Organizational strategy development in distribution channel management using fuzzy AHP and hierarchical fuzzy TOPSIS.Expert Systems with Applications,39(3), 2822-2841. Powell, W. W., DiMaggio, P. J. (Eds.). (2012).The new institutionalism in organizational analysis. University of Chicago Press. Rothaermel, F. T. (2015).Strategic management. New York, NY: McGraw-Hill. Santos-Vijande, M. L., Lpez-Snchez, J. ., Trespalacios, J. A. (2012). How organizational learning affects a firm's flexibility, competitive strategy, and performance.Journal of Business Research,65(8), 1079-1089. Selznick, P. (2014).The organizational weapon: A study of Bolshevik strategy and tactics(Vol. 18). Quid Pro Books. Shirey, M. R. (2012). Group think, organizational strategy, and change.Journal of Nursing Administration,42(2), 67-71. Steensen, E. F. (2014). Five types of organizational strategy.Scandinavian Journal of Management,30(3), 266-281. Wilden, R., Gudergan, S. P., Nielsen, B. B., Lings, I. (2013). Dynamic capabilities and performance: strategy, structure and environment.Long Range Planning,46(1), 72-96.

Variable cost free essay sample

Separate the expenses between fixed and variable costs per unit. Using this information and the sales price per unit of $8, compute the break-even point. 5-3. Solution: Therapeutic Systems Fixed CostsVariable Costs (per unit) Rent$120,000 Factory labor$1. 50 Executive under contract$112,000 Raw materials. 70 $232,000$2. 20 4. Break-even analysis (LO2) Draw two break-even graphs—one for a conservative firm using labor-intensive production and another for a capital-intensive firm. Assuming these companies compete within the same industry and have identical sales, explain the impact of changes in sales volume on both firms profits. -4. Solution: Labor-Intensive and capital-intensive break-even graphs The company having the high fixed costs will have lower variable costs than its competitor since it has substituted capital for labor. With a lower variable cost, the high fixed cost company will have a larger contribution margin. Therefore, when sales rise, its profits will increase faster than the low fixed cost firm and when the sales decline, the reverse will be true. We will write a custom essay sample on Variable cost or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page 5. Break-even analysis (LO2) Eaton Tool Company has fixed costs of $200,000, sells its units for $56, and has variable costs of $31 per unit. a. Compute the break-even point. b. Ms. Eaton comes up with a new plan to cut fixed costs to $150,000. However, more labor will now be required, which will increase variable costs per unit to $34. The sales price will remain at $56. What is the new break-even point? c. Under the new plan, what is likely to happen to profitability at very high volume levels (compared to the old plan)? 5-5. Solution: Eaton Tool Company a. b. The breakeven level decreases. c. With less operating leverage and a smaller contribution margin, profitability is likely to be less than it would have been at very high volume levels. . Break-even analysis (LO2) Jay Linoleum Company has fixed costs of $70,000. Its product currently sells for $4 per unit and has variable costs per unit of $2. 60. Mr. Thomas, the head of manufacturing, proposes to buy new equipment that will cost $300,000 and drive up fixed costs to $105,000. Although the price will remain at $4 per unit, the increased automation will reduce variable c osts per unit to $2. 25. As a result of Thomass suggestion, will the break-even point go up or down? Compute the necessary numbers. 5-6. Solution: Jay Linoleum Company The break-even point will go up. 7. Cash break-even analysis (LO2) Calloway Cab Company determines its break-even strictly on the basis of cash expenditures related to fixed costs. Its total fixed costs are $400,000, but 20 percent of this value is represented by depreciation. Its contribution margin (price minus variable cost) for each unit is $3. 60. How many units does the firm need to sell to reach the cash break-even point? 5-7. Solution: Calloway Cab Company Cash related fixed costs = Total Fixed Costs – Depreciation = $400,000 – 20% ($400,000) = $400,000 – $80,000 = $320,000 9. Cash break-even analysis (LO2) Boise Timber co. omputes its break-even point strictly on the basis of cash expenditures related to fixed costs. Its total fixed costs are $6,000,000, but 25 percent of this value is represented by depreciation. Its contribution margin (price minus variable cost) for each unit is $4. How many units does the firm need to sell to reach the cash break-even point? 5-9. Solution: Boise Timber Co. Cash related fixed costs = Total Fixed Costs – Depreciation = $6,000,000 – 25% ($6,000,000) = $6,000,000 – $1,500,000 = $4,500,000 10. Degree of leverage (LO2 5) The Sterling Tire Companys income statement for 2010 is as follows: STERLING TIRE COMPANY Income Statement For the Year Ended December 31, 2010 Sales (20,000 tires at $60 each)$1,200,000 Less: Variable costs (20,000 tires at $30)600,000 Fixed costs 400,000 Earnings before interest and taxes (EBIT)200,000 Interest expense 50,000 Earnings before taxes (EBT)150,000 Income tax expense (30%) 45,000 Earnings after taxes (EAT)$ 105,000 Given this income statement, compute the following: a. Degree of operating leverage. b. Degree of financial leverage. c. Degree of combined leverage. d. Break-even point in units. 5-10. Solution: Sterling Tire Company Q = 20,000, P = $60, VC = $30, FC = $400,000, I = $50,000 a. b. c. d.

When to Use That, Which, and Who

When to Use That, Which, and Who When to Use â€Å"That,† â€Å"Which,† and â€Å"Who† When to Use â€Å"That,† â€Å"Which,† and â€Å"Who† By Mark Nichol The proper use of the relative pronouns who, that, and which relate the subject of a sentence to its object, hence the name. The question of which of the three words to use in a given context vexes some writers; here’s an explanation of their relative roles. Who, Whom, and Whose Who and whom refer only to people, and whose almost always does so: â€Å"I have a friend who can help.† â€Å"Whom you associate with is your concern.† â€Å"The person whose jacket was left behind is the likely culprit.† (Whose is sometimes used to refer to an object, as in â€Å"Notice the car whose headlights are off.† This awkward usage should be replaced by, for example, â€Å"Notice the car that has its headlights off† or, better, â€Å"Notice the car with its headlights off.†) That That refers mostly to things, though a class or type of person is also sometimes referred to by this pronoun: â€Å"He has the key that fits in this door.† â€Å"This is a team that is going places.† â€Å"He’s the kind of doctor that volunteers at a clinic on his day off.† Even though the previous sentence is technically correct, it’s usually best to maintain a distinction between people and not-people by using who in reference to a type of person: â€Å"He’s the kind of doctor who volunteers at a clinic on his day off.† (The use of that in association with people itself, however, is well attested, as in â€Å"I don’t like the kind of people that she hangs out with.†) But a class of people is always considered a thing, not a person, so a sentence like â€Å"This is a team who is going places† is never correct. Which Which, like that, refers to things, but a further consideration is that American English usage usually frowns on this word when it appears in a restrictive, or essential, clause, such as â€Å"I chose the card which is blank.† This sentence, which specifies a card among one or more others that are not blank, has a meaning distinct from â€Å"I chose the card, which is blank,† which refers to a single card and then describes it. (This is an example of a nonrestrictive, or nonessential, clause.) To further clarify that distinction, the restrictive form is generally illustrated by using that in favor of which, which is reserved for a nonrestrictive function, as in the preceding phrase. (One exception occurs when which is preceded by another usage of that, as in the sentence â€Å"What is good is that which is natural.†) (This form is sometimes called nonessential because the information that follows which is not required. In the first sample sentence, which is better rendered â€Å"I chose the card that is blank,† the card’s blank state is essential to the context. In â€Å"I chose the card, which is blank,† all we need to know is that the card was chosen; its quality of blankness is incidental.) Many writers and speakers of American English deplore the artificial distinction of favoring that over which in restrictive usage, but it is practical and well established two valid criteria for any variation in purely logical grammar. Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Grammar category, check our popular posts, or choose a related post below:15 Terms for Those Who Tell the FutureDawned vs. DonnedWhat the Heck are "Peeps"?

Penology Essay Example | Topics and Well Written Essays - 2750 words

Penology - Essay Example However, not all the issues stem from the judicial system, nor those who enforce the regulations, as some of the literature in the following paper suggest that with such a high rate of incarcerated individuals who also have mental health issues, perhaps the approach to punishment should take a more â€Å"person-centered† approach, taking into account the mental capacity and possible illnesses that may be present prior to the crime being committed. The following paper will attempt to address both sides of the judicial process, including some possible suggestions to address the faults identified. In order to fully appreciate the power and transformation of the judicial system, it is important to know the origins, as it is quite different from the present day system in place. The judicial process varies from location to location, with different countries having vastly different acceptable practices, which further complicate the quest for justice. The judicial system of the United Kingdom is actually comprised of three different and distinct legal jurisdictions, each with its own system in place. The three jurisdictions include English Law, Northern Ireland Law, and Scots Law. In the United Kingdom, the history of the legal process is traced back over 1000 years ago, when one of the biggest problems the judiciary system had was finding out who had killed a deer that had belonged to another person (http://www.judiciary.gov.uk), which proved just as challenging to come to a conclusion as the present day legal problems presented in the variety of UK court systems. In contrast to the UK judicial system, the United States legal system, while having different branches, is fully interconnected, working at the federal, state, and local levels. Under the Constitution of the United States, a main guide to the legal and political culture, there is to be but one court (the Supreme Court), which protects the right to trial by jury (http://www.constitution.org/constit_.htm).

Regular Vacuum Cleaner Essay Example | Topics and Well Written Essays - 1000 words

Regular Vacuum Cleaner - Essay Example One of the most recognized tools used in large scale both commercially and in residential areas is regular vacuum cleaner and an understanding of the competency of the gadget in relation to consumer needs is imperative for the comprehension of its revolutionary aspect. In the analysis of the regular vacuum cleaner in relation to technology and changes in the contemporary world, my company will involve the Strength, Weaknesses, opportunities and threats characteristics (SWOT) to obtain an in-depth analysis of the machine in all aspects to determine the best way forward with the gadget (Pahl, 2009). Focusing on the strengths of the commodity, the design of the cleaner comes in first. The manner in which the commodity is designed in that it is easy to roll provided the small efficient wheels it bears, the fact that it has a motor inside that is sure to revolve all the incoming dust makes it rather reputable. Moreover, the filter on the upper side of the cleaner ensures that the gadget i s efficient enough as to only let out clean air if it does let out any. This will be a very important point to be taken by the technology department of the company and specifically the technical department and for maximum efficiency credible qualifications are required. Another strength noticed in the commodity is the maintenance. The maintenance of the vacuum cleaner is very cheap because it does not require any outside catering for its processing whenever the dust chamber is full. The manual with which the commodity is bought with provides detailed and direct steps of how to go around the management of the cleaner. The manufacturers of various cleaners have made it easier for customers to determine which cleaner to purchase. As a company, we will indulge in ensuring that we offer after sale services that include regular check-ups through phone calls in case of any problems. The wide range of cleaners produced makes it easier for the customer to choose from depending on the volume of dirt absorbed (Daniels, 2011). This is subsequently influenced by the usage, either commercial or residential. There are also many weaknesses involved with the gadget after studying its market and physical characteristics critically. For one, the market prices of the commodity make it rather difficult for everyone to purchase. Despite the fact that there may exist cheap vacuum cleaners, their working ability is in no manner equivalent to all the rest. The cheaper the commodity, the less efficient it works. This is from the fact that the manufacturers of the commodities make the cleaners with very small alterations that lead to very large price differences. This is unethical given that almost every home in the contemporary world utilizes the commodity. A mere external physical alteration in the design and a change in the size of the dust bag size may even make prices differ. The company will ensure that the buyers of the commodity get what is worth of their money and this will be done by incorporating market and technical experts to determine how to provide high quality commodities at affordable prices thus upgrading the company’s image (Seymour, 2008). Another weakness in the commodity is the repair costs. Despite the fact that many companies that sell these cleaners offer guarantees, the warranty is at many times useless. This is because the gadgets may operate well for a couple of years and then