Internal economies of scale arise when firms increase their scale of production. Hence‚ they incur lower average costs of production‚ either through specialization or other factors. When average costs fall‚ giving the price of the good to be constant‚ profit margins of these firms will be increased. Thus‚ the individual firm benefits from internal economies of scale. External economies of scale arise when all firms in an industry experience decreasing average costs of production‚ which can be
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PFIZER INC. BUSINESS ANALYSIS AND STRATEGIC IMPLICATIONS OVERVIEW OF THE COMPANY Pfizer Inc. is a global pharmaceutical company that creates and manufactures products for both humans and animals. Pfizer is headquartered in New York City and employs about 115‚000 people. PRINCIPAL PRODUCTS AND SERVICES Pfizer currently has ten different divisions and promotes thirty-one different major products. The divisions and largest major products within each group are: Cardiovascular and Metabolic
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External Environmental Analysis We chose Kellogg’s cereal category because Kellogg’s has over 100 years history and we have14 kinds of breakfast cereal products. Our products sell to 180 countries across the world. Our mission is still to provide you and your family with better breakfasts that lead to better days‚ and now you eat flake corn is the same way W.K. did back in 1898. It just tastes better that way. Kellogg’s cereal provides a variety of nutrition’s cereals that deliver the benefits of
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weavers were swept aside by the mechanical loom. Over the past 30 years the digital revolution has displaced many of the mid-skill jobs that underpinned 20th-century middle-class life. Typists‚ ticket agents‚ bank tellers and many production-line jobs have been dispensed with‚ just as the weavers were. For those‚ including this newspaper‚ who believe that technological progress has made the world a better place‚ such churn is a natural part of rising prosperity. Although innovation kills some jobs‚
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What are the sources of internal and external motivations for people’s action? Xu Zhijun 24087 Warsaw School of Social Sciences and Humanities Motivation is the reason of people starting‚ directing and maintaining activities， not the result (Zimbardo‚ Johnson & Weber‚ 2000).The reason why people take action can be different; basically there are two big aspects: internal and external motivation. Internal motivation is to do something for your own sake. It can be your personality interest or the
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Q1: (a) INTERNAL FACTORS AFFECTING BUSINESS ENVIRONMENT: Companies must endure economic recessions‚ competing businesses stealing their market share and dips in their stock price. However‚ these external factors are not the only problems businesses face. Companies must deal with internal factors as well. Internal issues can create just as many problems as external ones. Sometimes‚ the two types of factors are linked. Employees : The caliber‚ attitude and work ethic of a company’s employees are
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Strategic Management Case Analysis: Apple Inc. Veronica R. Hart Kaplan University Strategic Human Resource Management Unit 1 GB 520 p. 1-6 March 9‚ 2011 The 2008 Harvard Business Case Study on Apple Inc‚ describes the very popular corporation with 24 billion in revenue as of 2007 and how the company has had some problems yet sustainability over the years. The status of the company was examined in detail by the article which revealed a number of strategic moves under the leadership of
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Interpersonal growth is influenced by a combination of internal and external factors. An individual’s transition from childhood to adulthood (bildungsroman) is influenced by family and community but also by internal values and ideas. Often‚ these external factors influence the internal factors. In House on Mango Street‚ Cisneros highlights how Esperanza’s coming-of-age is influenced by her community by juxtaposing stereotypical ambitions of Mexican-American girls with Esperanza’s dreams and hopes
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Racism does not only exist in some of the most obvious ways‚ such as the killings of unarmed Black men‚ but also in ways not many people discuss. Environmental inequities in America give rise to what is considered “environmental racism.” In particular‚ the term environmental racism associates racism with environmental situations. In a general sense‚ environmental racism is the idea that actions‚ policies‚ and decisions about the environment result in racial discrimination or disparities. Therefore‚ marginalized
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Young children are precious in their own right and they are the future of the nation. How children are treated and how the adults around them behave strongly influence both children’s ability to learn and the attitudes they develop about their own worth and the worth of others. To build a nation that is prosperous and socially united‚ families and early childhood educators need to support children’s early learning‚ be the best possible role models for them and encourage them to act in ways that are
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