Essays on Profit

Food is an essential part of our lives. We consume it every day and absolutely need it to live and thrive successfully. With something so significant to us, why should we risk the source of where our food comes from? Robert Kenner created a powerhouse documentary film called Food Inc. that gives an accurate description…

A purchase order (POP) is a written document issued by the seller to the buyer. The purpose of the purchase order is to communicate product price, quantities and the agreed price for the service. Purchase order is an internal piece of information that comes from the financial department of Sunburst’s. On screen – an example…

Profit maximization is when a firm’s primary objective is to make the most amount of profit possible when trading within its market .The traditional theory of the firm is based on the assumption of short-run profit maximization (Sloman, 2004). But there is an alternative theory which assumes that managers aim to shift cost and revenue…

In this report we are comparing two of the biggest clothing companies H&M and INDITEX by using profitability ratios for making a financial statement analysis. We will state opinions in regard to the previously analyzed figures and comment on them. The overall profitability (ROI) is 23,01% in 2011 and 24,18% in 2012. So the ROI…

At first glance, one might think that the role of a Board of Directors (“Board”) would be based upon a standard set of criteria that would ultimately make the formation and function of a Board more straightforward. As I researched into the special role a Board would have within a non-profit, I discovered that the…

Concept of Profit Maximization Profit can be defined as the difference between revenue earned from selling a product and the cost of producing that product. In economics, the excess of revenue over costs is called “pure profit” or “economic profit”. Symbolically, P=R-C (where P denotes profits, R denotes revenue and C denotes Cost). When the…

Marginal revenue refers to the extra income that is obtained following selling of one more unit of a commodity (McEachern, 2009). It can also be said to be the ratio of change in total revenue to change in number of units which have been sold (McEachern, 2009). It is related to the total revenue in…

Not-for-profit organisation as stated is an organisation whose primary aim is to back up an issue or affair of private involvement or public concern for non-commercial intents, without the ideas of doing pecuniary net income. Non-for-profit organisations are normally brought in by protagonists or givers who are affluent plenty to fund their organisation and are…

Human Resource Management Delta Case Study: Improving Delta’s Profit Margin Written by Filiz McNamara, Ogochukwu Udekwe and Vicki Troftgruben February 21, 2011 Table of ContentsPage Introduction3 External Environment3 Internal Environment18 Systems and Stakeholder Analysis32 Conclusion34 Problem Identification36 Generation and Evaluation of Alternatives37 Recommendation38 Decision Implementation39 References40 Introduction Delta Airlines was founded by C. E. Woolman,…

The most purely variable cost of all, these are the raw materials that go into a product. Piece rate labor. This is the amount paid to workers for every unit completed (note: direct labor is frequently not a variable cost, since a minimum number of people are needed to staff the production area; this makes…