Question

Post an example of how bacteria are used to combat a problem humans are faced with (2 points).

Discuss the potential benefits of using this system and the potential problems that may arise in its use (5 points).

Reply to at least 3 other posts on whether you believe the benefits out weight the problems with using this type of organisms in this capacity (3 points).

Answer 1

Bioregeneration - changing bacteria to make it useable. Examples are Factor VIII for hemophelia. Lactobacilus and Bifidobacteria in yogurt. Using bacteria from rose petals to make an organism that uses crude oil for food which was done for the Exxon Valdis oil spill.

The use of standard costs is a key element in a management by exception approach. If costs remain within the standards, Managers can focus on other issues. When costs fall significantly outside the standards, managers are alerted that there may be problems requiring attention. This approach helps managers focus on important issues.

Standards that are viewed as reasonable by employees can promote economy and efficiency. They provide benchmarks that individuals can use to judge their own performance.

Standard costs can greatly simplify bookkeeping. Instead of recording actual co0sts for each job, the standard costs for materials, labor, and overhead can be charged to jobs.

Standard costs fit naturally in an integrated system of responsibility accounting. The standards establish what costs should be, who should be responsible for them, and what actual costs are under control.