This Tutorial contains Presentations\t\u00a0\t\u00a0\tPurpose of Assignment\u00a0\tIn this week, students are learning about managing different types of economic costs. Organizations typically have either high fixed costs or low fixed costs, and it is important to understand how business decisions differ in organizations with high fixed costs from organizations with low fixed costs.\u00a0\tAssignment Steps\u00a0\tResources: Tutorial help on Excel\u00ae and Word functions can be found on the Microsoft\u00ae Office website. There are also additional tutorials via the web offering support for Office products. Hoover’s Company Profiles by ProQuest located in the University Library\u00a0\tChoose two publicly-held organizations. One organization must have high fixed costs and low variable costs, and the other organization must have low fixed costs and high variable costs.\u00a0\tNote: A publicly-held organization is a private-sector firm that is owned by stock holders. Companies with high fixed costs include manufacturing companies, such as automobile manufactures, whereas service companies, such as accounting firms, might have low fixed costs.\u00a0\tCreate and Present to the class a minimum 15 minute 8-slide Microsoft\u00ae PowerPoint\u00aepresentation, including detailed speaker notes , analyzing the methods of managing cost depending on the cost construction. Research the University Library for recent publications regarding each company and the industry data. The analysis should include the following:\t“\ufffd Analyze your two chosen companies’ cost construction. Do the companies have high fixed costs or low fixed costs? Do the companies have high variable costs or low variable costs? What evidence presents itself to support your findings?\t“\ufffd In Excel\u00ae, chart the relationship between total cost and the number of units produced (output) for each organization\/company. Plot two lines on the graph – one line for each company you analyzed. Copy your graph from Excel\u00ae and paste it into your PowerPoint\u00ae presentation.\t“\ufffd Analyze currently used methods to minimize costs for the companies and provide recommendations how to improve the process of minimizing costs based on the available information for the industries in which the companies operate. Note: Companies are categorized by the industries they operate in. For example, Wal-Mart is a company operating within the retail trade industry. Hoover’s Company Profiles by ProQuest located in the University Library may be helpful.\u00a0\tCite a minimum of three peer-reviewed sources.\u00a0\tFormat the assignment consistent with APA guidelines.\u00a0\tClick the Assignment Files tab to submit your PowerPoint\u00ae presentation and your Excel\u00ae file.\u00a0\tNote: Grades are awarded based upon individual contributions to the Learning Team assignment. Each Learning Team member receives a grade based upon his\/her contributions to the team assignment. Students might receive different grades for the team assignment depending on their contributions to the team assignment.<\/p>\n","protected":false},"excerpt":{"rendered":"
This Tutorial contains Presentations \u00a0 \u00a0 Purpose of Assignment\u00a0 In this week, students are learning about managing different types of economic costs. Organizations typically have either high fixed costs or low fixed costs, and it is important to understand how Read More …<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-210830","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/210830","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/comments?post=210830"}],"version-history":[{"count":0,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/posts\/210830\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/media?parent=210830"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/categories?post=210830"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.benedictsol.com\/blogs\/wp-json\/wp\/v2\/tags?post=210830"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}