president first needs to understand the four main determinants of productivity‚ if he wants to increase productivity in his own country. The first is physical capital. This means that a country must possess structures‚ tools‚ equipment and machinery to efficiently produce the goods and services. Second‚ is human capital. Citizens should be properly trained and educated according to their respectable industry as to increase production. The third determinant is access to Natural Resources. The firms
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What really happened at the Alamo? The Alamo in San Antonio‚ Texas‚ was originally known as Mission San Antonio de Valero. It was one of five Spanish missions established by Franciscans in he late 1700s and was the first set along the San Antonio River. People in the unit started calling the post "The Alamo" after the name of their home‚ Alamo de Parras‚ Coahuila in 1744. "Alamo" is also a Spanish word for cottonwood. The Alamo in Texas became a place where a battle took place. This is known
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SD – MBA 2 Personal Report Name: Thuy Anh Nguyen November 6‚2012 1. Conditions for profit maximization are: a) Difference between total revenue (TR) and total cost (TC) is maximized; b) Marginal revenue (MR) should be equal to marginal cost (MC) Explanations: If we assume that the company is facing a downward – sloping curve and it produces just one single product a) Profit = TR – TC. Profit will increase if TR increases and TC decreases. If company wants profit maximization‚ it
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foods: Rice Krispies‚ cottage cheese‚ and popcorn. The marginal utilities for each food are tabulated below. Bill is allowed only 167 grams of carbohydrates daily. Rice Krispies‚ cottage cheese‚ and popcorn provide 25‚ 6‚ and 10 grams of carbohydrates per cup‚ respectively. Referring to the accompanying table‚ respond to the following questions: Unit of food(cups/day) Marginal Utility of Rice KrispiesMarginal Utility of Cottage Cheese Marginal Utility of Popcorn 1 175 72 90 2 150 66 80 3 125 60
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If a discussion board topic is posed‚ I can treat my participation like a conversation with friends‚ and not worry about references‚ spelling or grammar. Answer True False Once a deadline passes‚ I can submit late work. Answer True False Under U.S. Copyright Law individuals caught plagiarizing can be fined. Answer True False Questions about library sources‚ questions I have about using my iPad or smart phone device‚ questions I have about using blackboard to submit my work- the
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Chapter 2 Types of Innovation LEARNING OBJECTIVES When you have completed this chapter you will be able to: • Distinguish the different forms that innovation can take‚ such as product‚ process and service innovation • Differentiate and distinguish between the different types of innovation‚ such as radical and incremental innovation • • Describe each type of innovation Analyse different types of innovation in terms of their impact on human behaviour‚ business activity and society
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meeting‚ we have evaluated the different proposals and come up with one project that we recommend. In doing this‚ we have calculated the change in profits compared with the draft budget and compiled the Break-even charts to justify our recommendation. Marginal Costing Profit Statement of the draft budget £(000) £ (000) Sales 1000 Less Cost of sales: Direct Materials 320 Direct wages 200 Variable factory overheads 100 (620) Contribution 380 Less Fixed
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MARGINAL COSTING [pic] SUBMITTED TO: SUBMITTED BY: Dr. Shashi Srivastav ABHISHEK KUMAR RAI
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2009 TOPIC 7: ABSORPTION AND MARGINAL COSTING Outline: 1. Learning Objectives 2. Differences between absorption and variable costing 3. Impact on profit under each costing technique 1. Learning objectives a. Explaining the differences between absorption costing and marginal costing b. Explaining the impact on stock valuation & profit under each costing system c. Explaining the impact on under each costing system d. Preparing multi-period absorption and marginal costing profit statements 2. Explaining
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informal and relaxed manner” may have an impact on the work. However‚ as he says that “I prefer a democratic approach” suggests that he takes into account what the workers have to say but when it comes to decision making‚ he makes the final decision. Anne may not be used to this as in her previous job‚ she was a partner of the company and people would seek solutions as well as recommendations from. Whereas in this job‚ she has a different role which might not keep motivated. In order to overcome this
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