Andrew Jackson A Supporter of Artist - Free Essay Example

Sample details Pages: 5 Words: 1469 Downloads: 2 Date added: 2019/08/07 Category People Essay Level High school Tags: Andrew Jackson Essay Did you like this example? Andrew Jackson once said, the goal is to strive for a poor government, but a rich people. Born into poverty and orphaned at the young age of 14, Andrew Jackson was not born into the category of rich people he claimed to idealize in his presidency. Spoken of as the common man, Jackson was said to exemplify the characteristics that the general populist would desire. Don’t waste time! Our writers will create an original "Andrew Jackson: A Supporter of Artist" essay for you Create order Jackson was, in a sense, a man of the people. However, there were those who stood in opposition to Jackson and his presidency. Those who did not support Jackson claimed that he was acting primarily on self-motives and did not provide for the common man. On the contrary, they claimed Jackson was a voice for the aristocrats and the power hungry rich of the Jacksonian Period of 1826-1843. While Andrew Jackson strongly advocated for power of the people and the common man through the creation of a democratic party, his presidency exemplified the qualities he so greatly disliked through the election of Martin Van Buren and The Specie Circular. Andrew Jackson was the seventh President of the United States and served from 1829 until 1837 when he was to ill and fragile to continue. When he stepped down as president, the exchange of power was not hostile. Instead, Martin Van Buren was elected in 1837 and followed almost perfectly in his predecessors footsteps. With a new President who so closely followed the ideals of the old president, speculation as to why he followed a path so similar to Jackson probably began. Andrew Jackson accomplished many things while in his presidency, some positive and some negative. In order to accomplish these actions, he had to have a vice president who also shared similar beliefs. It is difficult as president to accomplish great tasks as congress is often slow; but with Van Buren at his side, Jackson could accomplish his goals at a faster pace. Van Buren served as the vice president to Jackson and the two shared similar views. Jackson would do anything to get Van Buren into office. Andrew Jacks on even going as far as to make the public feel as if Van Buren was being rammed down the throats of the delegates. This occurred because Andrew Jackson was not ready resign from his presidency, but his frail and aging body prevented him from serving another term. Due to this, Jackson wanted a man in office who would do exactly as he wanted, who better for the job than his previous vice president? Since Jackson knew he could contribute to Van Burens views, he knew that he could help shape policy in his favor. While the public generally tended to like Jackson, their views towards Van Buren were not as kind . The public thought of him as a man of meritocracy and his years in office were filled with troubles such as political aggravation and Canadian Rebellions . When looking the Jackson and the common man, with the promotion of Van Buren as a President, he was not looking out for the common man. Jackson was only concerned with furthering his own political agenda. Van Burens policies t hat Jackson helped shape were only beneficial for those who already had money. When examining the effect on a general population, it is important to look to the philosophy of utilitarianism which is the doctrine which holds in order to achieve morality, the greatest amount of good for the greatest amount of people must be achieved. With regards to the election of Van Buren, the greatest amount of good for the greatest amount of people was not achieved. The common man was never helped when Jacksons was president, the only people who were helped were the rich and well off. There were many economic policies that Jackson purposed, some of which ultimately harmed the general populist. The Specie Circular did not benefit the common man and instead only helped the rich. The Specie circular declared that all public land hand to be purchased with metallic money, not bank notes. This did not help the common man as it made lands only available to the rich, completely ignoring the poor. The Specie Circular was issued by an executive order and created adverse effects for the poor. Their banknotes were no longer good and in order to buy lands, had to buy metals from the bank with their paper money at a premium . This was not good for the common man; their money was being exploited causing an increase in money for the federal government. Revoking the publics access to buy land is not creating the greatest amount of good for the greatest amount of people. The Specie circular caused a loss in money for the state government and a decrease of cotton prices which ultima tely led to the Panic of 1837 . Andrew Jackson claimed to be a man for the people, but instead he only looked out for himself. Never did Jackson analyze his effects on society through a utilitarian standpoint. The revoking of public land access to the common man did not create good for the common man, but ultimately created harm to the people. While Jackson was in office, his policies harmed the common people, but years after his presidency, benefits for the common man surfaced. The creation of the Jacksonian Democracy created a party which stood on the ideals that America was founded on, and created a party that was beneficial to many. The new party, which was created while Jackson was in office, had three elements, appeal to the common man, opposed special privileges, and agreed with westward expansion. This party evolved, and these principles can be seen reflected in current politics of today, appeal to the common person and opposition to big corporations and special. The Jacksonian Democracy, during Jacksons life, only helped the white man by enforcing prejudices, sexism, and racism. However, as the form of democracy evolved, it became the party for the common man . Only after his presidency was Jackson able to create a rich people but a poor government. The broadening of horizons allowed for all to be included in Ja cksons democracy. With the broadening of a party came the access to the true common man. In the 21st century there are ideals of the Jacksonian party reflected in many of the beliefs some Americans hold today. Ideals of Jacksons democracy can be seen today through both the Democrat and Republican parties The ideas and stances on issues such as economics and government powers can be seen reflected into the political climate today. During Andrew Jacksons presidency, utilitarianism was never upheld and that morality was never achieved. However, after Jacksons presidency following through to the 21st century, the creation of a Jacksonian Democracy is creating the greatest amount of good for the greatest amount of people. Although Jackson did not help the common man in his day, through the evolution of the people and societal norms, Jacksons ideals help the common man of today. Andrew Jackson was controversial as a president, from the Indian Removal Act to the Force Bill, there were many actions that Jackson performed that were looked down upon. When examining the election of Martin Van Buren, the intention of Andrew Jackson was not for the good of the people. Instead, it can be seen that Jackson was all but forcing Van Buren into the presidential office so he did not have to fully retire. This action was for the good of himself and not for the good of the common man. The Specie Circular did not provide the greatest amount of good for the greatest amount of people. It instead prevented the common people from buying land, benefiting only the rich and the federal government. Ultimately, the creation of the Jacksonian Democracy was Jacksons biggest accomplishment. Although the full consequences of the new system was not apparent at the time, the effect on the common man of the new democracy was actually very positive. When Jackson was president, his ideas suc h as the election of Martin Van Buren and the Specie Circular did not appeal to the common man nor did they uphold utilitarianism; but after his presidency, and through the 21st century his creation of the Jacksonian Democracy benefited many. Bibliography Editors of Encyclopedia Britannica. Martin Van Burn. Encyclopedia Britannica, October 12, 2018. Accessed November 12, 2018. https://www.britannica.com/biography/Martin-Van-Buren. Editors of Encyclopedia Britannica, Specie Circular. Encyclopedia Britannica, July 4, 2018. Accessed November 13, 2018. https://www.britannica.com/event/Specie-Circular. Jacksonian Democracy and Modern America. U.S. History. 2016. Accessed November 13, 2018. https://www.ushistory.org/us/23f.asp. Kennedy, David M. The American Pageant: A History of the American People. Boston, Massachusetts: Cenagae Learning, 2016. Nowlan, Robert. The American Presidents from Polk to Hayes. Denver, Colorado: Outskirts Press, January 31, 2016. Specie Circular. Dictionary of American History. Encyclopedia.com, 2003. Accessed November 12, 2018. https://www.encyclopedia.com/history/dictionaries-thesauruses-pictures-and-press-releases/specie-circular.

Organizational Behavior Organization Behavior - 2093 Words

Introduction Organization behavior is the study and application of information regarding how an individual or group of people within an organization behaves. According to John Schermerhorn author of the book Organizational Behavior Twelfth Edition, organizational behavior is the key characteristic used to maintain and enhance interaction levels amongst employees within a company (Schermerhorn, 2011). There are additional characteristics such as leadership, openness to confer in relation to issues, and challenges in an attempt to assist a corporation achieve their strategic business objectives. Organization behavior involves the understanding of critical matters that assist with comprehending and predicting what influences human behavior and how it will help achieve desired goals. Organizational behavior is also defined as the investigation of behavioral factors that affect modern organizations and their management at the individual, group, and organization-wide levels (Baack, 2012). So as to make an effective analysis of the different behavioral components within the author’s present organization, he will give a description of the demonstrated attitudes exhibited by all the individuals within his company. Additionally, the author will analyze the organizational behavior of his current employer by describing the type of culture, modes of communication, nature of authority, motivational techniques, areas of emotional intelligence, and how the components of a virtualShow MoreRelatedOrganization Behavior And Organizational Behavior1707 Words   |  7 PagesOrganization behavior including both individual and group, which take an important role on company’s performance, a good manager with high ability to manage the employees’ satisfaction and involvement could achieve a higher performance of the company. 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In this paper, I will discuss the behavior in an organization for which I was employed with for twoRead MoreOrganizational Behavior : An Organization1596 Words   |  7 PagesOrganizational Behavior Analysis Organizational behavior is vastly unique for each organization. Positive or negative behavior has far reaching effects on the internal and external environments. What elements helps develop the behavior of an organization? Organizational behavior is the main ingredient of all organizations, and can be the building block that rejoices successful, or screams failure. Elements such as the type of culture, form of communication, disposition of authority, motivationalRead MoreOrganizational Behavior : An Organization1521 Words   |  7 PagesOrganizational Behavior (OB) entails the study and usage of knowledge about how individuals, people, as well as groups function in organizations (Luthans Yousseff, 2007). Using a systematic approach, organizational behavior interprets people/organization relations in terms of the groups, individuals, entire organization, and social system. The main objective of organizational behavior is to help find or develop better relationships by attaining hum an objectives, social objectives and ultimatelyRead MoreOrganizational Behavior : An Organization1054 Words   |  5 Pagestask of organizational structure is to encourage people to work hard and coordinate their effort to ensure a high level of organizational performance. To this effect the four key concepts that assistance in achieving the needed performance include understanding the meaning of organizational behavior; individual differences; values, attitudes, and moods and emotions; perception and attribution, and the management of diversity. Organizational Behavior (OB) Defining organizational behavior to be aRead MoreOrganizational Behavior And The Organization1038 Words   |  5 Pagesimportant to understand what behavior and culture in an organization means in order to have a better understanding of the whole scenario. From this perspective, then a manager can better know how to incorporate what he or she knows and what the organization at large is comprised of. According to Borkowski, (2011), the definition provided states that â€Å"organizational behavior is the study of individuals and group’s dynamics within an organization setting† (p.3). Organizational culture on the other handRead MoreOrganizational Behavior : Organization Behavior Analysis2021 Words   |  9 Pages Organizational Behavior Analysis BUS610: Organizational Behavior (NAB1431A) Instructor: Dr. Roberto Coto Angela Montgomery September 8, 2014 Organizational Behavior Analysis Abstract Organization behavior analysis is the study of information regarding an organization and its individual or group of people with their actions and performances within an organization. It is most important key feature which should be used to maintain and enhance interaction levels betweenRead MoreOrganizational Behavior : An Organization1986 Words   |  8 Pages10th, p.2), Organizational Behavior studies the influence and impact that individuals, groups, and organizational structure have on behavior within an organization for the purpose of applying such knowledge toward improving an organization s effectiveness. In the business world, Organizational Behavior is an important tool for managers to effectively manage their teams and aids in being able to understand and foresee employee behavior in the organization. It tells how organizations can be arrangedRead MoreThe Organizational Behavior Of An Organization Essay2054 Words   |  9 PagesThe purpose of this paper is to evaluate the organizational behavior of an organization. I will be analyzing and evaluating Crown Iron Works and providing recommendations of my findings. The success of an organization depends on its organization behavior which is the study of people, what people feel, think, and do in a company. (Elsbach, Kayes Kayes, 2015). Organizational Behavior is important to help organizations become more successful and efficient in running the company and adapting to changesRead MoreOrganizational Behavior : An Organization1754 Words   |  8 PagesOrganizational Behavior Scenario Applications It takes a team to run a successful organization. Managers all around are focusing on improving employee morale in the workplace because without dedicated and motivated employees, companies could not be successful. Managers that are running prosperous companies have the knowledge of Organizational Behavior. Organizational Behavior is the study of what people think, feel and do in and around organizations. Organizational Behavior influences employees motivation

A summary of Mary Ann Doanes free essay sample

Mary Ann Deane discusses the use of voice in cinematic presentation in this article. She determines the acceptance of voice by the viewer by defining the phantasmal body of a film. This body is the replica created by the technology itself. It is the body of the character and of the film. Voices within a cinematic presentation are assumed by the audience to come from this body, even If they are off-screen voices.The acceptance of this off-screen voice by the audience Is dependent on an understanding of space within the cinema Itself. It relies on an understanding that the frame of the visual image does not Limit the aural space. Even the physical confines of the theater itself are not the limit of the digests or aural telling of the story. Though the visual story is limited, the audience accepts auditory input from outside the frame. The audience connects this input to the phantasmal body in and of the film. The traditional use of voice-off constitutes a denial of the frame as a limit and an affirmation of the unity and homogeneity of the depicted space (Deane, 1980)Deane defines three distinct spaces that are put into play for cinematic action. These are the space of the digests, the visible space, and the acoustical space. The digests is the space constructed by the film. It is physically limitless encompassing all that is portrayed within the film, including all visual and auditory cues.The visible space of the film is that which is contained in the viewing frame the screen itself. This space is recognized as visually limited, although auditory cues can come from outside the frame. The acoustical space is the space within which the sounds from the movie can be heard. This space is often defined within the theatre walls. Generally, sound appears to come from the screen and is thus visually activated, but an envelop the viewer as it seems to come from all around.Deferent voice techniques are used to affect the films spaces. The use of voice to deepen the digests of a film occurs with the voice-off. The sound of a voice, though phantasmagorical connected to the films body, enhances the Illusion that the space of the film goes beyond that of the visual frame. A viceroy can be used to suggest that there Is more to a character than Is seen. Often these are the Inner voices of characters. In documentary, however, voiceless are accepted as being outside the voluble and dietetic space of the film.

The Buyer Behaviour Essay Example

The Buyer Behaviour Paper The purpose of this report is to analyse and evaluate the decision-making process consumers go through when purchasing health supplements and formal clothing. The objective is to compare the differences between the two processes and identify the implications each has on marketing strategy. This has been achieved through both secondary and primary research. The secondary analysis involved research using the textbooks and articles on health supplements and formal clothing and the application of relevant consumer behaviour concepts and theories. This report will also thoroughly discuss, compare and report on the typical decision making processes likely to be followed by a selected target market for the purchase and use of health supplements and formal clothing. This will involve the primary research in which 8 people will be interview with questions regarding to consumer behaviour in the purchase of health supplements and formal clothing. The report is structured in a way to present each aspect of the decision-making processes for formal clothing, which followed, by health supplements to enable comparison to be made in each section. We will write a custom essay sample on The Buyer Behaviour specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on The Buyer Behaviour specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on The Buyer Behaviour specifically for you FOR ONLY $16.38 $13.9/page Hire Writer 2. 0 Target Market Health supplements is an industry which is growing because of intelligent, healthy people. (National Business Review, 1996, p. 32). In New Zealand, the research shows that people are more and more aware of good health, its relationship to lifestyle, and how they can use health supplements to augment self heal health care. In other words, people today are looking for prevention rather than just cure. In 1994, 32% of New Zealanders took some form of supplement and in the latest study in 1997 this figure has increased to 74%. Each different product market consists of buyers, and buyers are all different in one way or another. They may differ in their wants, resources, locations, buying attitudes and buying practices. Because buyers have unique needs and wants, each buyer is potentially a separate market. For example, in the health supplements market, the seller identifies market segments, and develops different health supplements products and marketing mixes tailored to each needs and wants. Both health supplements and formal clothing are market which its’ products appeals to many buyers. Many people once in their life would have bought both products at sometimes during their life stages. There is no single way to segment a market. In this report, students are selected under the occupation market segment as the target market. The target market consists of students studying at universities. 3. 0 Involvement Consumer involvement is the perceived personal importance and interest consumers attach to the acquisition, consumption, and disposition of a good, service, or an idea. As their involvement increases, consumers have a greater motivation to attend to, comprehend, and elaborate on information pertaining to the purchase. (Mowen Minor, 1998, p. 64). In the case of low involvement, consumer views a purchase as unimportant and regards the outcome of his or her decision as inconsequential. Because the purchase carries a minimal degree of personal relevance or identification, the individual feels there is little or nothing to be gained from attending to the details of a purchase. (Hanna Wozniak, 2001, p. 290). For example, a purchase of health supplements requires minimal or no premeditation and planning for some consumers.

Augean Plc

The company summary Augean plc is a United Kingdom based limited company specialising in waste and resource management. The company was founded in 2004 and registered under the Public Limited Company Act in the same year to become a fully fledged public company. The firm was originally formed to act as an acquisition company to buy and develop entreprises in the UK waste based sector.Advertising We will write a custom report sample on Augean Plc specifically for you for only $16.05 $11/page Learn More The firm later developed into a renowned corporation that undertakes production, processing and management of waste resources when it was registered as a public limited liability company. The business concentrates in providing wide-ranging services particularly to the hazardous waste area. The corporation management service area covers a complete solution to the ultimate dumping of the most unsafe and problematic waste streams (Augean plc, 2010, p.1). Augea n management structure Chief Executive Officer Augean management structure is divided into a two tier hierarchy. Basically, the board of directors is elected by the shareholders of the company and the senior management team are appointed or elected by the board of directors. The role of the board of directors is to manage the daily operations of the company. In essence, the directors ensure that the interest of the shareholders is well served (Schell, 1999, p.550). Augean operates through a management team that consists of seven board members or directors as shown in the diagram below. The senior management team comprises of the chief executive who is the senior most board member and deputised by the group finance director, sales director, technical director, development director, project director and the operations director. Each of these directors has their executive management teams appointed by each director. The executive management teams have the responsibility of implementin g and evaluating the business strategies as approved by the senior directors, and undertakes core corporate activities and projects (Jelinek, 2010, p.116). Besides, they help provide the internal prospective for the board members. For instance, under the operations director is the chief operation officer (COO) whose mandate encompasses all the operations in the company.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More The officer looks after sales, production, marketing and personnel. In other words, the officer looks after the daily activities and reports to the operations director (Fritz, 1996, p.274). Further, under the chief finance director is the finance manager whose main role is to revise and analyse the financial data, prepare budgets, report the company financial performance as well as monitor income and expenditure. Usually the financial manager routinely monitors the financial h ealth and integrity of the corporation. Macro-environment analysis using PEST Numerous macro-environment factors that affect the daily operations of the business do exist. Indeed these factors not only affect the business operations but also the decisions that are made by the managers. The macro-environmental factors are external to the organisations and in most cases the organisation has little influence over them (Berger, 2011, p.2). These factors include constant tax changes, barriers in trade, legal provisions, demographic changes and the government policy. Augean is operating in environment that is very competitive and highly regulated with several legislations determining its operations. The waste sector is very volatile and sensitive to the environmental factors and changes that are continuously experienced globally (Augean plc, 2010, p.4). That means the company must work and collaborate with the external environment to achieve its goals. For instance, the communities that p articularly live around its sites, the employees who risk their lives to ensure it delivers on its duties and environmental lobbies that must ensure safety standards are met (Hedemann-Robinson, 2007, p.543). Political factors Political factors refer to the government policies and how they determine the business environment. Economic policies that include both fiscal and monetary policies that have been put in place to regulate economic production are amongst the political factors that affect the businesses. Moreover, the type of services the government offers to the businesses, how the government intends to subsidise the businesses and the government priorities in supporting the businesses are all examples of political factors (Koontz Weihrich, 2006, p.270). These political factors affect the business decisions directly. However, some political decisions have indirect vital effect on the business. These factors are essential to various business organisation areas such as personnel education and training as well as the quality of economic infrastructure namely roads and rail system alongside the health of the workforce.Advertising We will write a custom report sample on Augean Plc specifically for you for only $16.05 $11/page Learn More Apparently Augean is operating under a highly regulated industry both at local, national and internal levels. There are several council regulations that have to be met before undertaking any business operation. At the national level, various legislations regulate waste disposal measures, environment and the industry (Wurzel, 2006, p.5). The expansion of EU environmental policies in regulating and monitoring the countries environmental issues besides regulating industries within the environmental spectrum has greatly affected the operations of the business (El-Agraa Ardy, 2011, p.270). All these factors have not merely increased the cost of doing business but have considerably reduced the pace of o perations. Economic factors Economic factors usually have a greater impact on the way firms behave. For instance, high interest rate regimes influence the way firms behave towards borrowing, expansion and growth. Higher interests rates have the characteristic of reduced borrowings as it becomes more expensive for the firms to borrow as the lending rates increases. That is, higher interest rates may hinder investments since it is costly to borrow money from banks or lending institutions required for expansion and growth (O’Brien, 2009, p.216). Besides, strong country currency will make exporting products and services produced within the country more difficult. Strong currency has a tendency of raising the prices of the country commodities in terms of the currency of the importing country or the foreign country the products are being exported to. Conversely, inflation will aggravate increased wage demands as the organisation workers will be agitating for higher wages as the cos t of living rises. Thus, higher salaries for workers increase the firms’ costs of operations. Increased national income growth will make the firms products have greater demand and this will boost its production and increase employment (O’Brien, 2009, p.216). Greater growths in the national income have a positive effect on the firm behavior. Normally, exchange rates, changes in taxation, inflation and interest rates are some of the economic factors that have a profound effect on the firm behavior. Since 2007 Augean has been operating under financial constraints as a result of the financial crisis that continue to rock most countries in the European Union. The crisis has created difficulties in borrowings as many financial institutions went under. The company market has been freezing as many more firms enter the industry.Advertising Looking for report on business economics? Let's see if we can help you! Get your first paper with 15% OFF Learn More Small firms are being acquired by the larger firms so as to block the competing companies from the market place. Furthermore, the waste sites has also been decreasing in size as new developments in housing and real estate sector continue to grow taking huge chunks of land that were formally allocated as waste sites. Social factors Alterations in the public tendency can cause positive or negative effects on the firm products or services as well as the capability and willingness of the employees to perform their duties. UK and other European nations are facing the problem of aging population. Increased aging population also means augmenting the pension payments as the employees are living for longer time period. This by extension increases the firms cost as they must be committed to the pension payments as a legal requirement or as an incentive to tap into the growing experienced labour pool (Jelinek, 2010, p.289). The population also impacts positively on some of the products. The de mand for some products such as housing rises with the increase in the number of the aging population. This is because the aging population is continuously in need of shelter and accommodation. Augean has not been left out in this social saga. But the serious social problem Augean is facing is how to deal with the communities living near the waste site. This is the reason why the company has invested heavily on the corporate social responsibility (Augean plc, 2010, p.8). As an environmental and health concern, the company has ensured that the dumping sites are properly buried and the wastes are burnt before they are buried. Environmentally social issue is a serious concern in the industry Augean is operating in. Technological factors New technologies are associated with the new products and new business processes. For instance, the advances in online business and innovations in the software applications such as Google plus and androids that enable businesses to increase their capabil ities on the web space are some of the innovations that are associated with new business processes. Online shopping, computer aided designs and bar coding has increased the demand for Augean products. In essence, Augean has seen some improvements in business operations in the past years as a result of improved technology (Augean plc, 2010, p.4). New technology has significantly impacted on the firms operations, reducing costs and improving quality of the products. Improved technology has additionally enabled the firm to be innovative in the way it does business. The technological developments have a profound benefit to the consumers and to the organisation that provide the products. Conclusion Augean operates in a highly regulated industry with several legal obligations distracting the business operations. Both political and environmental factors are the major macro-level factors that have hindered the firms operations. Though the firm has undergone through financial constraints in the past years as a result of the financial and other economic costs, the corporation has achieved its goal of increasing its profit at the fiscal year end. Nevertheless, the profit hitherto generated has been squeezed by the corporate social responsibility. Hence, the macro-level factors in one way or the other increases the firms cost and reduces the gains that the firms has achieved. References Augean Plc. 2010. Annual report for 2010 financial year. Web. Berger, A. 2011. Contemporary Development in Business and Management: Beiersdorf. Munich, Germany: GRIN Verlag. El-Agraa, A. Ardy, B. 2011. The European Union: Economics and Policies. Cambridge, UK: Cambridge University Press Fritz, R. 1996. Corporate tides: the inescapable laws of organisational structure. San Francisco, California: Berrett-Koehler Publishers. Hedemann-Robinson, M. 2007. Enforcement of European Union environmental law: Legal issues and challenges. Madison, London, UK: Routledge. Jelinek, S. 2010. The Impact of Management Practices and Organisational Structure on Firm Performance: A Cross Country Empirical Analysis. Munich, Germany: GRIN Verlag. Koontz, H. Weihrich, H. 2006. Essentials of Management. East Windsor, NY: Tata McGraw-Hill Education. O’Brien, J. 2009. Category Management in Purchasing: A Strategic Approach to Maximize Business Profitability. London, United Kingdom: Kogan Page Publishers. Schell, J. M. 1999. Private Equity Funds: Business Structure and Operations. New Jersey, USA: Law Journal Press. Wurzel, R. K. W. 2006. Environmental policy-making in Britain, Germany and the European Union: The Europeanisation of air and water pollution control. Manchester, UK: Manchester University Press. This report on Augean Plc was written and submitted by user Daisy Yates to help you with your own studies. You are free to use it for research and reference purposes in order to write your own paper; however, you must cite it accordingly. You can donate your paper here.

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Material and labour costs are easy to trace to products. when looking Literature review

Material and labour costs are easy to trace to products. when looking at overhead cost it becomes more difficult. Undertake a l - Literature review Example Eksteen and Rosenberg (2002) have included other costs like communication, human resources, travelling, auditing, asset ownership etc. in the overhead costs. There is an important relationship existing between the direct and the indirect costs. Warsame (2006) stated that the direct and the indirect costs include the majority portion of the entire construction process. Some companies determine overhead costs as a percentage of the total direct costs. Carr (1988) stated that direct costs such as material, labour etc. are directly chargeable to the performed or implemented activity. Hegazi and Molsehi (1995) have estimated the overhead costs as a percentage of the total direct costs in 14 percent of their survey. Several researches have been made on the overhead costs and it has been divided into two parts. One is the work site overhead including the staff salary, the electricity charges, water supply charges, renting equipment and other is the administration cost (for example- office s taff costs, insurance taxes, other fees etc.) (Shelton and Brugh, 2002; Carr, 1989; Assaf et al., 1999, 2001). Both these groups of overhead costs are required to be recovered by a company. There are two types of costing systems for determining the cost of a product. One is the traditional costing system and the other is the activity based costing system. Traditional costing system uses financial accounting information and activity based costing system uses management accounting information. While calculating the overhead cost