So if we use 10% for the overhead costs in this example, we would be looking at $777 for the overhead expenses ($7,773.80 x 10% = $777). Adding the overhead to our previous total, we now have a rough cost of $8,550.80 for a 1,000-square-foot paver driveway or $8.55 per square foot.
Organizational framing is a theory in which the management of a business assesses its operation via multiple outlooks. The four commonly accepted business frames are structural, human resources, political and symbolic. By using various frames to analyze a business, management can best identify areas of ineffectiveness and inefficiency, and affect change. This concept reached acclaim after publication in the book Reframing Organizations: Artistry, Choice, and Leadership..
A business cycle refers to the periodic expansion and contraction a company experiences. While the concept often is used in relation to the larger economy, its phases have applications to each particular business or industry. As generally defined, the business cycle has four components -- contraction, recession, expansion and peak. It takes years for the domestic economy to cycle through all four components, but these components can occur on an annual basis for seasonal businesses.