Agencies' 3 Biggest Fears When Using Social Media Content!
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To write a REPLY POST to GIVEN ANSWER. Minimum 350 words. Due in 8 hours.
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Question:
Search the Internet and find the website of a manufacturing company that you think is using a Process Cost Accounting system. Identify and discuss the specifics about your uniquely selected company that indicates it is using Process Cost Accounting. Each company may only be selected once (i.e. once a student selects a particular company, that same company may not be selected by another student).
Do not use any direct quotes and/or cut and pasted information (i.e. your discussion is to be 100% your thoughts, ideals and insights).
GIVEN Answer:
Process cost accounting system is completely different to Job order cost accounting. The difference between these two cost accounting systems that job order costing is used when unique products are being produced and ordered by customers. On the other hand, process costing is used when manufacturers produce in mass or bulk which leads to economies of scale. The cost per unit is reduced because products are produced in batches. The manufacturing costs are assigned to the units produced in the process.
A company that is a great example for following the process costing accounting system is Coca Cola. Coca Cola is one of the largest corporations that produces its products in batches and distributes them to retailers. They produce in thousands if not millions of cans a day and for that reason, they follow a mass production scheme. In Coca Cola, there are expenses that need to be taken into the assigning costs of the manufacturing process; this includes the direct materials, direct labor and factory overhead costs. In a mass production scheme, the cost per unit is low compared to a uniquely design product ordered by the customer. The costs associated with manufacturing process are categorized into 3 different parts; concentrate and syrup manufacturing, blending and packaging. There are major benefits of using the process cost accounting system such as the flexibility of the manufacturing process and inventory control. This will allow the company to produce according to the raw materials purchased. In addition, Coca Cola has proved to be a successful corporation controlling its differentiation and pricing. Therefore, the 3 stage process of assigning and allocating manufacturing costs in a batch production process reduce lower cost per unit. However, there are also disadvantages in using a process accounting system. One of them is the difficulty to determine the production costs. Since it’s difficult to assign the exact production costs, the company could experience low profits. However, measuring and monitoring the performance in every department is crucial for the controlling of production.
As a result, Coca Cola has established itself in a very good market position. Since they produce in bulk and affordable prices, the process cost accounting system is a strategic approach ...
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3:国家专业人才认证中心颁发入库证书
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7:个人信誉贷款加10分
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Agencies' 3 Biggest Fears When Using Social Media Content!
- 1. AGENCIES’ 3 BIGGEST FEARS WHEN USING SOCIAL MEDIA CONTENT By Lobster
- 2. SOCIAL MEDIA GIVES PROFESSIONALS AND ESPECIALLY AGENCIES AN ALMOST UNLIMITED CONTENT SOURCE.
- 3. BUT IT IS A SOURCE FOR CONTENT THEY RARELY USE!
- 4. –Jonathan Gebauer, The Social Ms “Finding image content to complement your own content production is expensive and hard. At the same time there is a seemingly unlimited content source right in front of our noses – it’s called social media. Sadly we’re often unable to use it.”
- 5. Agencies’ 3 Biggest Fears 1. It’s Illegal… 2. It’s Impossible to Find What I Need! 3. The Quality is Really (Really) Bad!
- 6. IT’S ILLEGAL… Or I don’t know if it’s legal.
- 7. MOST SOCIAL MEDIA TERMS SAY THAT THEIR USER IS THE COPYRIGHT OWNER, AND THAT’S LOGICAL.
- 8. THIS MEANS THAT YOU CAN ADMIRE, RE- POST AND INCLUDE IT IN A FEED, BUT YOU CAN’T TAKE THE CONTENT OFF THE ORIGINAL ACCOUNT AND USE ELSEWHERE WITHOUT PERMISSION.
- 9. IT’S IMPOSSIBLE TO FIND WHAT I NEED! ON SOCIAL MEDIA!
- 10. RIGHT, YOU HAVE SEEN THAT ‘BLOOMING SPRING FLOWER IN FLORENCE’ SOMEWHERE, BUT HOW ON EARTH YOU ARE GOING TO FIND IT WHEN SITTING TOGETHER YOUR MARKETING DIRECTOR FOR THE NEW COLLECTION CAMPAIGN?
- 11. HOWEVER, MANY SOCIAL NETWORKS TODAY DO NOT EVEN FILTER BY MORE THAN ONE KEYWORD OR TAG AT A TIME.
- 12. THE QUALITY IS REALLY (REALLY) BAD!
- 13. IT IS IMPOSSIBLE TO FILTER OUT LITTLE GEMS FROM THE NOISE WHEN THERE’S NO GOOD SEARCH.
- 14. THIS IS NO BLAME TO THE USERS, AS THE OPEN SPACE THEY HAVE CAN BE USED TO SHARE A USELESS PHOTO OUT OF SELF- EXPRESSION (A SELFIE BEING THE MOST COMMON EXAMPLE).
- 15. THESE ARE THE BIGGEST FEARS OF AGENCIES AND THEIR REASONS FOR NOT USING SOCIAL MEDIA CONTENT AS MUCH AS THEY SHOULD.