Economies of scale Definition Reduction in long-run average and marginal costs‚ due to increase in size of an operating unit (a factory or plant‚ for example). Economics of scale can be internal to a firm (cost reduction due to technological and management factors) or external (cost reduction due to the effect of technology in an industry). Diseconomies of scale Definition Increase in long-term average cost of production as the scale of operations increases beyond a certain level
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Describe Holmes and Rahe’s (1967) Social Readjustment Rating Scale (SRRS) and describe to what extent it is a valid taxonomy of the causes of stress. The top five stressful events‚ which can happen in an individual’s life‚ are categorised as ‘death of a spouse’‚ ‘divorce’‚ ‘martial separation’‚ ‘jail term’‚ and ‘death of a close family member’. Also‚ events such as ‘vacation’ and ‘change in eating habits’ are considered to be minor life changes on the scale. Each event is attributed to an arbitrary
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Introduction: In this study‚ potential pros and cons are considered to determine the proper rating scheme for Active Component (AC) Career Counselors within an organization. Currently‚ Career Counselors are rated by either the Senior Career Counselor in an organization or the Command Sergeant Major. The Senior Rater would either be the Command Sergeant Major (CSM) of the organization the Career Counselor assigned to or the Commander. A Command Career Counselor is assigned at a majority of installations
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ECONOMIES OF SCALE Economies of scale are basically the increase in efficiency of production as the number of goods being produced in a firm increases. Typically‚ a firm that achieves economies of scale lowers the average cost per unit through increased production since fixed costs are shared over an increased number of goods. Fixed costs are those costs of production that do not change when output changes. There are two types of Economies of Scale: Internal economies External economies Internal
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time it is open as it closes at probably 10 or so at night. It gives McDonalds an advantage as they still have a market in the wee hours of the day. Jollibee’s website is very informative and is consistent with every branch so this would have a high rating. 4) Promotions and education D NI S VS E This specific Jollibee opened not too long ago but seems to be attracting a lot of customers despite minimal promotions. This branch had strong word-of-mouth as when students saw this being built
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Resiliency Scales for Children and Adolescents A critical review Katie Waghorn West Virginia University March 14‚ 2014 Author’s Note This paper was prepared for COUN 505 taught by Dr. Tina Walsh Introduction Resilience is a complex construct with many definitions. Most frequently‚ resilience can be defined as one’s ability to “bounce back” from an adverse situation. It is “interactive and contextual” (Prince-Embury & Saklofske‚ 2013‚ pg.19). However‚ some believe resiliency
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same end product‚ are done on a much larger scale in industry. The aspects they may differ in are equipment‚ time taken‚ and many other things. In this report I will explain how and why laboratory and industrial scale differ using the example of preparation of aspirin. The first difference is that instead of weighing the 2-hydroxybenzoic acid on scales on a work bench in a beaker as you would in small scale‚ it is easier and safer to weigh it onto scales‚ in a plastic bag on the floor. This is easier
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The problems right now is that ESRB is not strong enough. ESRB should be more restrictive in rating violent video games. According to Whiting‚ the ESRB’s decision to start hiring new gamer raters instead of non-gamer raters because “Previously‚ the ESRB’s hiring policy has been to avoid recruiting from the ranks of actual gamers‚ the theory being that people soaked in game culture and aesthetics might not be the best judges of character when it came to what’s appropriate for little Johnny”. Often
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be compared and contrasted. Functionalism‚ the structural consensus sociological theory is a key theory that was developed by Emile Durkheim‚ one of the founding fathers of sociology. This theory sees society as a mega structure of inter-related social institutions such as schools and the legal system that is in constant consensus. Functionalists believe all parts of society all work together to maintain the functional equilibrium of the society‚ viewing each part as a ‘functional clog’. It also
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Enfermagem‚ Latino. Predictive Validity of the Braden Scale for Pressure Ulcer Risk. 2011 January. www.eerp.usp.pr/rlae. Enfermagem study implicates the efficiency of Braden scale as an indicative measures for PU development. Covering four intensive care units of general private hospital considering certain criteria of first‚ second and third assessment of Braden Scale‚ the study is indeed another step to obtain validation that using the scale is effective by achieving cut -off score of thirteen
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