Essay about Egt1 Task 1

An employee should uphold the confidentiality of information assigned to them by the company and its customers, except when revelation of such information is authorized or required by applicable laws, rules or regulations. “Confidential information” includes all records, non-public information related to the company and its business, customers, or vendors that come to an employee in the course of carrying out the employee’s duties and that can be value to competitors or damaging to the company or its business if revealed.

Florence Nightingale, considered the founder of modern nursing, first began to establish nursing as a profession during the Crimean War. Since then, nursing theorists have continued to expand on the thought that patients are made up of more than just the symptoms they present with, Abraham Maslow, Carl Jung, Dr. Larry Dossey and Dorothy Johnson, but none more so than Jean Watson. She developed a theory of human caring that contained several core concepts, these concepts lay forth the ground work for how we, as nurses, should care for a patient. These concepts included transpersonal caring relationships (going beyond ego to higher “spiritual” caring

American Academy of Pediatrics and American Academy of Family Physicians article regarding acute otitis media is a filtered resource. It is an appropriate source for nursing practice because; it establishes clinical guidelines to diagnose and manage AOM. It also establishes guidelines when to treat the signs and symptoms of AOM, watchful waiting, or to treat with an antibiotic. This article is classified as an evidence based guideline because, it reviews multiple research literatures in a systemic manner and provides

The budget analysis shows that the labor hours of the firm are higher than the budgeted amount. As such, the firm needs to evaluate the cost benefit analysis of making or buying their products. To make this decision, various factors need to be considered. Before making the decision, Peyton needs to evaluate the marginal costs and revenue of making versus buying the products. The firm should take the option which provides the highest marginal profit which is the

A way to determine the quantity of profit maximization is to conclude where marginal revenue equals marginal costs. Rather than computing the profit for all levels of sales; total revenue and total variable costs are considered. Marginal revenues and marginal costs are considered in a similar way like marginal profit, thus defining the amount of change for all sales’ levels (Huter, 2012, p.2).

Marginal cost is the additional cost the you incur while producing an additional unit. To put this into context, it makes cost a certain amount to produce a car, but in order to keep making money you have to produce more than one car. Marginal cost asks the question how much would it cost to produce the second car. According to Chron the marginal cost for the first few units will unfortunately be much high, but will decrease as you produce more and more

Considering the marginal revenue is larger than the marginal cost, it would increase production which would ultimately increase profit. Then, finally the calculations I made were finding the optimal levels of production. My profit function is P’(x)= 130-(2x/75), so I have to set it equal to 0 then find x, which is 4875. Finally, I plug 4875 into the price function P(x)=(160-x/75) for x, and x is $95. The maximum profit is equals (4875) and the optimal production level should be 4875 laptop cases sold at $95 a

In the short term firms compare the amount of each additional unit of output would add to their total revenue and to total costs. The firm then compares the marginal revenue to marginal cost of each additional unit of output.

5-2. Hazardous Toys Company produces boomerangs that sell for $8 each and have a variable cost of $7.50. Fixed costs are $15,000.a. Compute the break-even point in units. b. Find the sales (in units) needed to earn a profit of $25,000.

Total Revenue TR = P × Q 0 3.50 6.00 7.50 8.00 7.50 6.00 3.50 0

The company invested in a laser cutting machine cost £0.7m, and the company’s chairman David (2014) claimed that the cutter “enabled us to achieve significant productivity improvements”. In addition, the new leaser cutting machine was started to use from July onwards. The gross profit margin of 2013 is 11.52% higher than 2012. In terms of financial statements, the firm shows labour using and production process in 2013 are more efficiency than 2012. Base on that, we can assume the cutting machine result 11.52% increase halfway through, it should increase another 11% in the next half year. Besides that, efficient performance accompany the new cutting machine may cause less spend on the salary.

I have graphed the equations for the marginal revenue and marginal cost and added them to the graph for the revenue of the Apple iPad. The point at which marginal revenue and marginal cost intersect is known as the point at which profits are maximized (pblpathways.com). The point of intersection is aligned with the

Marginal cost is the change in the total cost that arises when the quantity produced has an increment by unit. That is, it is the cost of producing one more unit of a good. In general terms, marginal cost at each level of production includes any additional costs required to produce the next unit.

3. Using activity-based costing, it is evident that the most profitable customer is R, which is also the largest customer. This company contributes most of the company's total profit. The figures also reveal that while Q and P contribute profit to the company, T does not. This customer costs the company $3260 in loss. This loss is attributable to a couple of key factors. One is the distance to the customer, which is by far the highest. The other is the high number of purchase orders and deliveries relative to the number of total bottles sold. Customer T is making a lot of small orders and the result is that the

consideration the marginal costs. In fact, marginal cost is the cost of producing one extra unit of output.  It can be found by calculating the change in total cost when output is increased by one unit.