Month: July 2020

A single procedure suffices, just one and the same algorithm, both to elaborate various AC_DC calculations (AC: Absorption Costing or full costing. DC: Direct Costing or marginal costing or differential costing) and to perform breakeven analysis to the fullest extent. Breakeven analysis, under the assumption ‘production volume is equal to sales volume’, results in one
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We live in a very uncertain time. No one can predict what the future will be like nor even when the future will be different.  The response towards Covid-19 and the resurgence of the Black Lives Matter movement has shown leaders everywhere the necessity of listening. Listening to experts. Listening to data. Listening to the
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It’s unlikely there’s a CEO in America unaffected by the Covid-19 pandemic and all are probably sick and tired of reading introductions like, “We’re all in this together,” or “In light of these trying times.” Yeah, everyone agrees. But the business leader’s perspective is unique and the pressure right now on company owners and CEOs
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COVID-19 has changed the world in drastic ways. Not only are nations facing a health crisis, but the resulting restrictions imposed by governments have a far-reaching effect on both domestic and international markets. According to experts, social distancing, lockdowns, and other adopted measures will give rise to a global financial crisis. While such a crisis
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Kongo in Karl Largerfeld’s studio. Photo by Laurent Segretier Kongo aka Cyril Phan has never been particular about the surface he leaves his mark on, whether wall, canvas, shop window, trunk, dress, bag, scarf, jewellery, champagne bottle, humidor, car or even airplane, multiplying collaborations with French brands like Chanel, Hermès, Richard Mille, Daum and La
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With all that has happened, the end of the year can’t come soon enough for most employees. And even more so if it comes with a bonus. Right now, however, that decision is not yet clear for most organizations. On the one hand, experts say corporate leaders are increasingly dour on the idea of an
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Corporate leaders continue to speak out on the issue of racial injustice, but not all have backed up those statements with investments in broad diversity initiatives. In the following interview, Denny’s CEO John Miller explains the business case for D&I investment at the restaurant chain—including $2 billion on supplier diversity—and why true progress requires patience
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Our workplaces are irreversibly changing. Workplaces have always evolved but never before has our physical and conceptual thinking been challenged like it is now under COVID-19 conditions. I have held a view for some years that CBD offices would be replaced by apartments possibly as early as mid this decade as technology and automation make
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Developed with a single goal and philosophy in mind, Detroit’s first purpose-built prototype race car was intended to beat Ferrari at Le Mans. Carrying tremendous significance and influence over the future of automobile production, the 1964 prototype GT/105 marks one of the world’s most original GT40s to ever grace the market. Combining the expertise of
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On a normal day, communicating message clearly and successfully to stakeholders can be challenging. But during a crisis, when people feel more raw than they’re willing to acknowledge, a CEO’s questionable choice of words may resonate particularly hard. It’s easier for angry listeners to “cancel” leaders for not using the right words than to try
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Anil Chaturvedi is an experienced banker who has over four decades of experience in investment, private, and commercial banking with leading international banks. He has worked as a Branch Manager at the State Bank of India, a Manager at S.B.I. Capital Markets Ltd, Bombay, a Business Development Manager at the State Bank of India, New
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Leadership training for women is a big business representing millions of dollars in corporate programming, generating wide coverage in the media, and bringing together thousands of attendees at annual industry and women’s networking events designed to get more women to the top. There’s no shortage of advice on how to get a seat at the
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As I write this, Singapore is in Phase Two of the re-opening measures introduced after the easing of our enforced circuit breaker. Boating activities can resume as part of this phase. Yachts gather at Singapore’s Lazarus Islands before the onset of Covid-19 this year; Photo: Wade Pearce / Next Tide Consultancy The Singapore Boating Industry
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