What is meant by the margin of safety?Marginal Costing:Marginal costing is the decision-making technique that businesses use to decide production and sales to earn the desired profit. Under marginal costing, we classify sales into break-even sales and margin of safety....
What is marginal costing and how it is differ from standard costing? Define and explain how to calculate marginal costs (MC). How do you find the marginal cost? What is meant by the marginal cost of a power plant? What is the difference between the fixed cost and the marginal cost?
I've changed, if subtly, and in ways that trouble a friend here and there. But my thinking is pretty much the same as it was when I was in my 20s. As a "liberal", I never really trusted Big Labor. I've never liked the "politically correct" speech regimen many traditional liberals...
Lord Diplock in a case involving GCHQ : said this: “By ‘irrationality’ I mean what can by now be succinctly referred to as ‘Wednesbury unreasonableness’. This applies to a decision which is so outrageous in its defiance of logic or of accepted moral standards that no sensible person ...
first understanding Walmart. Walmart revolutionized the retail game; Amazon “borrowed” Walmart’s playbook as a starting point, just as Walmart borrowed the playbook from the early discount retailers as a starting point before it. And so I’ll start by answering the question:what is Walmart...
Big data analytics (BDA) is widely adopted by many firms to gain competitive advantages. However, some empirical studies have found an inconsistent relationship between BDA and firm performance (FP). Therefore, an underlying mediating mechanism may exist
Big data analytics (BDA) is widely adopted by many firms to gain competitive advantages. However, some empirical studies have found an inconsistent relationship between BDA and firm performance (FP). Therefore, an underlying mediating mechanism may exist
essential or unassailable.In particular, software and algorithms with near-zero marginal cost are now being used for higher-order cognitive tasks. This is not digital technology being used alongside humans, but as an alternative to them. This is not digital and human. This is digital instead of...
is very hard to see a trend from circuit to circuit, and the race results are being decided by tight margins - which team makes the fewest mistakes, develops its chassis and power unit most effectively, finds the right balance between performance and reliability, and puts together their race ...
Then it hit me. The fatal flaw. And it's rather obvious. The coffee is pre-ground and has been ground for days if not weeks or longer by the time we're using it. You can't beat fresh ground coffee beans, which is what I'm used to. Actually, you can, if you also roast your...