Analysis - Essay Example

Only on StudentShare

Extract of sample

The paper discussed a vital and challenging aspect of healthcare, by taking into account a way some of the issues related to this topic can be addressed. Moreover, it was a proof of how an initiative can change perspective on a micro level, and why not to the overall medical system. Such initiatives are welcomed, and it must be remembered that the success of the project is a factor of the implication of people involved.
Nowadays, an important issue when considering cost accounting are the physical distribution activities and other marketing functions. A solution to this issue is the activity-based costing (ABC) for marketing.
The main outcome of this technique is to help marketing managers in their decision making process related to profitability, pricing, and distribution areas. The most important marketing activities considered are selling, warehousing, packing and shipping, and administrative.
This article provided a clear distinction on importance of marketing costs, and the ways these are assessed. Because recent years were characterized by advancement in marketing, and also on the costs related to this, I think it is necessary to consider the ABC technique in order for a manager to take the best decisions for the company he is running.
In order to assess the quality of distribution channels, an ABC analysis can be used. The advantage of this technique over standard approach to channel profitability is the fact that it is estimating cost more accurately, which is very important for a company to decide where it is selling its products. However, ABC has also a main disadvantage which is related to its assumption that all costs are product-driven so it should be allocated to products.
Another approach is the strategic cost management approach, which extends the assumption of ABC to consider also that costs are driven by the customers and by the distribution ...
Download paper


Several problems arrive from this concern discussion. One of them is the utilization of nursing services, which is individualistic i.e. not all patients use in the same…
Author : hackettandreann

Related Essays

Ratio Analysis
Suppose we want to assess the financial health of a very large or small firm, how can we analyze the firm so our analysis can provide an insight into the basic prospects for profitability of a firm? Is the firm losing or is it profitable? Are there prospects for making the firm profitable? Is the firm worth buying? Should we sell the firm? If we are to sell the firm, at what price should our purchase price be? How large are the firm’s debts? What are its prospects for profitability? What is the firm’s net worth? These are some of the questions in which ratio analysis can help provide an...
3 pages (753 words) Essay
Incremental analysis Vs. Comprehensive analysis.
The use of financial analysis aids in making investment decisions in a business entity, a project, annual budget, or any finance activity in evaluating past investments but also used to predict future performance.
3 pages (753 words) Admission/Application Essay
ratio analysis
Financial ratio has its advantages to the company and the customers in equal or less gravity. In an article of transoceanic financial ratio analysis, it is easy for customer to look how the stocks look like. Customer will find it easy to evaluate the company-using price to earnings ratio. Such metric valuation uses the wisdom that that nonoperational aspects of the company such as asset impairment can affect earnings per share (Xiao, 2014).With this valuation, the company and customer can make advised decisions while investing or rectifying the areas of problem.
1 pages (251 words) Essay
Financial Analysis
cial ratio are the management team in evaluating the performance of the company in terms of profitability, operational efficiency, and financial health over a period of time by comparing past and present ratios, and also comparing this with the industrial average (Brigham, 2012). Shareholders are other groups that use information from ration analysis. Information in the financial statement is usually difficult for outsiders to understand. The ratio analysis helps in analyzing and interpreting information from the financial statements in a simplified manner, and in a manner that can be...
2 pages (502 words) Assignment
A higher ratio is recommended since it indicates the firm’s ability to raise revenue from the investments. The 7th year had the best performance with approximately 24% return on equity this was followed by the 5th year; the 7th year exceeded the investor’s expectations while the 5th met the investor’s expectations. This is favorable to the stockholders since it implies that for every dollar invested the shareholder received 24 cents. The worst periods were 8th, and 10th year with negative ROI meaning the company was operating at a loss and 9th year when the ROI was 0.
1 pages (251 words) Assignment
Ratio Analysis
Through the use of accounting analysis using ratios, financial analysts are able to assess and compare the present performance with the previous and even with other similar firms under the same industry. This is through either vertical or horizontal analysis. For instance, general through the above analysis, it is generally appearing that Apple and Inc is operating under favorable conditions compared to Hewlett-Packard.
3 pages (753 words) Coursework
Management Analysis
The managing director, however, does not participate in preparing financial statements because the report is considered supplementary information (Finkler et al., 2013, p.477). However, compiling financial statements requires the assistance of managing directors in compliance with GAAP (Generally Accepted Accounting Principles) outlined in GASB policies on management discussions and analysis.
1 pages (251 words) Coursework
Got a tricky question? Receive an answer from students like you! Try us!