Key areas which business objectives want to achieve
Write a short note on the key areas which business objectives want to achieve?
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The major wants are as follows:
a) Specified share of percentage of the market in which the business competes.b) Rise in the customer satisfaction.c) Rise in worker satisfaction.d) Enhancements in internal business processes.e) High standards of ethical behavior in the dealing of business.
What are the key elements of the Shell’s ethical code? Describe in brief?
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Standard Costing: A costing technique which joins costs to cost objects based on reasonable approximations or cost studies and by the means of budgeted rates instead of according to actual costs incurred. The predictable cost of gener
What are the various factors which occurred due to the changing business landscape?
Indirect Cost: A cost which can’t be recognized particularly with or traced to a specified cost object in an economically feasible manner.
describe how costs can be classified giving examples in each classification. explain how the different cost classifications can assist management in decision making
Briefly describe the main purpose of the business?
Variable Cost: A cost which differs with changes in the level of an activity, whenever the other factors are held constant. The cost of material treating to an activity, for illustration, differs according to the number of material de
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