Cost-benefit analysis

interpretation of the results and merely in gross margin income, statement was using Variable Costing. The cost classification is based in “all non-manufacturing categories”, direct, indirect and fixed. It also includes the recommended projection on how SRC can adjust its strategies. By looking at the 2016 statement in three (3) different…

High labor costs – reduce to increase the profitability levels Slide 1- Introduction The ultimate aim of every company is to maximize the profitability levels and expand the market share so as to increase the shareholder’s value. However, some costs such as labor cost hinder the achievement of these objectives as they form a significant portion of aggregate expenditure. Therefore, there is a need to device ways of cutting unnecessary operating costs. Nike Inc. is faced with high labor cost…

Jensen and Meckling develop theory in different stages 1. Introduction 2. Analysis the agency cost 3. Question regarding the organization & examiner the role of united liability 4. Provide basic concept agency cost 5. Brief summary and conclusions. Introduction. This article has been written by Jensen and Meckling in October 1976. This study inspects the property rights, agency and financial progress a theory of the ownership structure of the firm. The authors highlight on new matter which…

The theoretical analysis of privatisation is important in order to understand why certain policies work. However, the effectiveness of policy in the real world is required to verify the validity of the theoretical framework. To this end, an analysis of the efficacy of private schools in other third world environments is required. A study published through Harvard’s Evidence for Policy Design found astonishing results from low cost private schools in Pakistan (the circumstances of the schools…

Triple-F: Benefits and Compensation Regardless of the industry, the workforce employed by virtually any company represents the keystone of that company’s overall success. For non-profit organizations, however, hiring and maintaining a viable workforce becomes all the more important since the company is often dependent upon the goodwill of its donors and or supporters. In developing this workforce, the chief operating officer (CEO) of the Triple-F Foundation, a public, 501(c)(3) non-profit…

retain, and motivate their employees. More than a wages and salary earned by employee, compensation also includes benefits provided. An official statement specifying a company’s standpoint on compensation is known as compensation philosophy. According to the article, “It essentially explains the “why” behind employee pay and creates a framework for consistency. Employers can benefit from being transparent about their compensation philosophy and having an official pay strategy” (SHRM, 2015).…

is similar to Uber where drivers are employed to drive around people that do not have a car or are in need of one. Lyft pays a good amount to workers but fail to require benefits. If a worker gets into a car accident Lyft will not take care of the health expenses. They also does not include money for gas, and medical plan benefits for drivers. Working at Lyft money is a bit better but that is not enough to cover all care expenses if there is car accident or an emergency. If a worker has their…

the approach that the players will use. This kind of situation is not possible in real life, but it is beneficial to help people use their logic in different ways. According to Isabela Granic, Adam Lobel, Rutger C. M. E. Engels in the article “The Benefit of Playing Video Game” said, “Younger adults noted that they felt sharper and experienced improved memory, older adults were more likely to feel that their visuospatial skills and response time benefited.” People can learn something from the…

Nationally there is a debate on rather the government should raise the minimum wage standards. Minimum wage can be defined as the lowest wage an employer can pay an employee. According to Daniel B. Klein and Dompe Stewart, minimum wage is an important tool in fighting poverty and helps equalize the imbalance in bargaining power that low-wage workers face in the labor market (126). Many believe that raising the minimum wage will help the economy, but studies show otherwise. There are more…

employee receives for being employed at that company. Most total rewards programs consist of compensation, benefits, work-life, recognition and development. “Total reward embraces everything that employees value in the employment relationship” (Armstrong, 2007). Geico is an example of a company who has excelled at creating a total rewards program for their employees. They focus on providing benefits that will help employees achieve physical, financial and personal well being. Their total rewards…