ASEAN concerning local manufacturing in all ASEAN countries. It encourages a higher market competition which allows the countries to develop. AFTA helps ASEAN countries’ products gain access to a regional market that incorporates many substantial advantages Moreover‚ consumers will benefit from cheaper prices of goods given lower tariffs on a host of raw materials used by the region’s producers. Furthermore‚ the ASEAN Comprehensive Investment Area (ACIA) will encourage the free flow of investment
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Short introduction to AI: Artificial intelligence (AI) is the branch of computer science that aims to create intelligent machines. There are many different fields where AI is used and many different implementations of it. Advantages: -AI can accomplish tasks that to complex and too dangerous for humans (example: Mars-Mission curiosity)‚ disarming bombs -for tasks that humans don’t want to do (youtube porn rejection‚ violent scene recognition) -as they are machines there is no need for sleep
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The Cost Center That Paid Its Way Eric Palmer is the head of Camden Robotics marketing communications department. He was asked by the CEO‚ Tom O’Reilly‚ to turn his department from a cost center into a profit center. Eric has a full team of professionals‚ some of which are very expensive but he doesn’t end up losing any of them. He simply has to start making a profit or Tom O’Reilly may cut costs in the marketing communications department. Eric starts off great. There are a few customers that
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1. During a concert at Hammons Center‚ a large number of patrons decided to leave 20 minutes early to avoid traffic congestion getting away from campus to late evening "study" spots. Due to the large number involved in the exodus‚ there was considerable congestion in the parking area before the concert was over. This occurrence depicts which of the following? a. Murphy’s Law b. post hoc fallacy c. law of diminishing returns * d. fallacy of composition e. law of increasing costs 2. An editor
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Cost-Volume-Profit Analysis Self-Test Questions 1. The difference between the sales price and the total variable costs is the contribution margin. (D) 2. The breakeven volume in units (perfume sticks) for 2005 is TR-VC-FC=PBT MR=900000/1800 = 500 TR-VC-FC=0 VC/Q = 495000/1800 = 275 Q*MR - Q(VC/Q) = FC Q = _____FC_____ MR-VC/Q Q = 247500/(500 275) Q=1100 Therefore (B) 3. If sales volume is expected to be 2100 units with prices/costs same‚ after-tax net income is expected
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Lincoln Center for the Performing Arts New York City is one of the leading cultural cities in America and the world. Various arts institutions and events are located through out the city and bring in large audiences. Among these institutions one stands out to be a leader. The Lincoln Center for the Performing Arts (LCPA) is a 16.3 acre complex of buildings in New York City’s Lincoln Square neighborhood. The LCPA was built as a part of the “Lincoln Square Renewal Project” in the 1950’s. John
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Fusion Centers are a relatively new concept in this las decade and a half. The Federal government is very proud of the installation of fusion centers around the world and hails them as a critical part of our nation’s defense from terrorism. When these centers started operating after the events of 9/11‚ there was a lot of criticism which a lot persists to this day about their effectiveness. In the beginning‚ there was a lot of concern about their policies and how they were different across the
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Advantage Science gives us safe food‚ free from harmful bacteria‚ in clean containers or hygienic tins. It also teaches us to eat properly‚ indicating a diet balanced in protein and carbohydrate and containing vitamins. The results is freedom from disease and prolonged life. In pre-scientific days‚ food was monotonous and sometimes dangerous; today it is safe and varied. It is varied because through improved sea‚ land and air transport food can now be freely imported and exported. Science has also
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The key issue in the case is that the incentive compensation system does not motivate district managers to make decisions which are consistent with the strategy of Quality Metal Service Center (QMSC) because it is tied to the district’s target ROA. Acquiring the new processing equipment reduces the incentive bonus of the Columbus District Manager‚ Mr. Ken Richards‚ from 11.1% to 4.28% of his base salary. This happens because the asset base increases with the new equipment and will exceed the target
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Profit maximization and competitive supply * Perfectly competitive markets(pasaran persaingan sempurna) Definisi: pasaran persaingan sempurna(pps) merupakan satu bentuk pasaran yang mengandungi ramai penjual dan ramai pembeli yang menjalankan urusniaga ke atas barang yang bersifat homogen(sama@hampir sama) pada satu tingkat harga yang telah ditetapkan dalam pasaran. Disebabkan sifat barang mereka yang homogeny‚ maka kereka tidak melakukan persaingan bukan harga.cth: iklan&kualiti produk
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