Certain elements of business show that to achieve high profitability a better and diverse product mix will result in more capacity utilization. Therefore capacity utilization has a direct relation to profitability and product mix. This is because if capacity is fully utilized will the profit be reaching to the maximum as fixed costs will remain the same. However if the profit is to be further […]

The determination of fuel costs as variable or fixed depends upon the type of variable computed. For instance, if one is searching the passenger break-even point per week, he can threat fuel costs as fixed, because they will not change on a per flight basis. However, if one is determining the total profit figure per month, such cost should be treated as variable, because it […]

Every country has its own business environment just as every organization has its own set culture and business surroundings. While undertaking a business locally or abroad, the managers or CEOs of the organizations have to account for and consider all the external and internal, macro and microeconomic factors which are likely to contribute to the success or failure of the business. Though, managing a business […]

Some of the pros of adding additional departments to the NACA organization would be exposing the company on a national level and empowering lower income clients in the mortgage and business processes. The pros of having an advertising department will enable us to bring in customers that may not be aware of the extensive services our company provides. By making our website more appealing it […]

Social media, dating sites and shopping sites all use given registration information to learn more about consumers. The more companies know about people, the better they can decide who their potential customers should be and how to reach them. Social media is communication through online communities. The use of social media in marketing has become very popular over the last few years. This is a […]

Singapore, a small country with no natural resources, realised from the day it attained independence the critical role productivity would play and that workers, employers, and government had to pool their efforts and strive for continuing increases in productivity and output in all enterprises. Since then, there has been a continuous push for greater efficiency and effectiveness. The knowledge workers will be the protagonist of […]

AIM seeks to identify ways to enhance the competitiveness of the UK economy and its infrastructure through research into management and organizational performance in both the private and public sectors. 2 about AIM AIM consists of: Over 250 AIM Fellows and Scholars – all leading academics in their fields… Working in cooperation with leading international academics and specialists as well as UK policymakers and business […]

It is all about balancing and how to adjust the imbalance to an equilibrium point. Cyan is currently in the confrontation of imbalance between the relatively dynamic environment and inflexible organisation environment, and imbalance between the changes and responses made to the change. The two imbalances are interrelated which generates the issue of how to balance the technology implementation and recourse management. The traditional organisation […]

For effective functioning market system, moral and ethical aspects are always necessary; regulations by its own cannot control people behavior given the complexity of our current financial system. The destructiveness of unethical behavior was shown in many examples around the globe, one of the most recent examples is the unethical behavior contributed to the Global Financial crisis of 2008. Below I will be discussing the […]

In the 1860s, John D. Rockefeller set out to create an oil monopoly. His decision to buy up the railroad companies that transported oil, rather than smaller oil companies themselves, exemplified the aggressive, practical intelligence of the “robber barons”: “Refusing them shipping, or simply raising their fees, could ruin their business. Rockefeller altered the playing field so that the only options the small oil producers […]