Answer:
Dropping Freeflight's routes between Europe and United States would reduce the overall profits of Freeflight Airlines by $304,000 monthly($880000-$576000)
Explanation:
As a result of dropping routes between Europe and United States,total revenue drops to $6.22m and variable costs to $2.22m,but only 20% of fixed costs can be saved ,hence current fixed costs become $3.42m giving overall profit of $0.58m instead of $0.88m recorded previously when all routes were operational.
Find attached spreadsheet showing differential cost schedule.
Answer:
The answer is social audit
Explanation:
Strategic planning aligns the employee goals towards the shared vision and provides a guideline on how to achieve the organizational goals.
social audit targets the areas of social and ethical practices of the company.
Social review does not address the social practices part of the company.
Contribution index guides how to measure the performance of employees.
The best choice which reflects the Sirly’s call is social audit that deals with social practices and its impact on reducing the efficiency and goal achievement gap
Answer / Explanation:
First, we need to understand what variance analysis is. Variance analysis is the qualitative and quantitative measure of the difference between actual financial value and the budgeted financial value.
This helps us to properly monitor our rate of spending against our profit or loss margin. it also assist in proper fund management.
Now talking about how the company will utilize variance analysis, the company will utilize variance analysis in the aspect of fixed over head spending. In the sense that it will be used to measure manpower productivity against overhead spending. This will help us to proper affirm if the rate of manpower productivity equal fixed overhead spending. In the case where fixed overhead spending is more than man hour productivity ratio, then the company will be running at a loss. This is basically a way of measuring productivity performance of man power and also assets.
Hello there,
The difference between
and
is that the word management means to manage something carefully and good. And the word motivation is to motivate someone to do something weather good or bad.
~Jurgen
