Understanding the Break-Even PointThe company ABC, L.C. manufactures some products with an average sales price of 25/unit, with fixed annual costs of 110,000. The average unit variable costs are 5.
a) At what volume of production will the threshold of profitability be reached?
b) Assuming that annual sales are estimated at 20,000 units, being the distribution evenly over a year, on what date will the break-even poi…
Using Rolfe’s Reflective ModelTo achieve a certain group activity, it is necessary for the certain groups or the teams to act collaboratively to meet the goal and objectives. These goals and objectives are always pre-determined by the leaders or the managers after various kinds of discussion and decision-making process. In this module learning, we worked as a team for the jet pack simulation which was about working on a project for a company. …
Causes of Aviation AccidentsAviation accidents are caused by either human or technical error and sometimes both. Humans are mostly blamed for the accidents and held responsible for the in numerous losses of lives. Human error is considered as an act that was not performed with an intent to cause harm or even a desirable outcome leading to the systems to be beyond the limits (Miranda 2018). It has been a contributing factor in causing disasters…
What is Marine Debris and why is it a Sustainability Issue?Marine debris is defined as persistent material of solid that is processed and manufactured and directly and indirectly, unintentionally or intentionally, abandoned or disposed of into great lakes or marine environment (Luo et al. 2021). Anything solid and human waste can easily become debris once they are littered or lost in the aquatic environments. Human trash can be found in every …
Introduction to Omron and the objective of the researchISM signifies an ongoing planning method of management which is aimed toward creating strategies which enable organization to develop and compete internationally. Moreover, strategic planning might be applied in the mechanism of building a specific global strategy. The paper primarily focuses on the strategic approach implemented by Omron. In order to identify a detailed process of the I…
The Meaning and Significance of CovenantThe word covenant can be heard in any conversation and it is used in all the legal, social as well and theological texts. The terminology of Covenant has been derived from the Latin word con-venier, which means the essence of mingling or something coming together. It showcases two or more structures or communities coming together to create a contract and agreeing on rules as well as stipulations. It al…
Various Forms of Energy and their Impact on EnvironmentEnergy management and planning is a long and complex process that includes various activities such as energy production, energy consumption, distribution of energy, and storage of energy worldwide. There are various forms of energy available for human beings all over the globe according to their usage (Calvillo, Sanchez, & Villar, 2016). Some of the major energy that is frequently used i…
What is Agile Project Management?According to Bennett, & Lemoine, (2014), volatility is one of the major dimensions that can be addressed by the agility that helps to manage the information which is available for the situations and change as per the requirements. In this manner, an agile project management technique can be followed that provides proper resources directed towards building slack and developing potential for the projects…
Reflection using Gibbs Reflection ModelTo meet the corporate goals and objectives, it is important to learn and make improvement in the skills. In this way, individuals can apply the same in future for the betterment of their personal and professional performances. The module learning: Advance practice has been very helpful for me to find out the strengths and weaknesses of mine while working as an intern in a team. After the completion of t…
Introduction to Remote WorkRemote work is also known as distance working, teleworking, telework, mobile work, working from home (WFH), work from anywhere (WFA), and remote jobs, are all a type of employment arrangement in which employees are not required to commute to a central workplace location, such as a warehouse, an office building, or a retail shop. This is largely possible due to the rapid technological advancements such as local area n…
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