PROFIT MAXIMISATION IN ZIMBABWE The traditional economist’s view is that firms are profit maximizes‚ with each decision based on the need to maximize profits (Griffiths and Wall‚ 2005). Although the assumption of profit maximization has come under repeated criticism‚ it still remains relevant to the Zimbabwean firm today irrespective of size. To begin with‚ a profit objective is often the principal reason for the original formation of the smaller companies‚ the majority of which are under the direct
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Nonprofit versus For-Profit Healthcare and Organizations Abstract This paper explores articles and research conducted on nonprofit versus For-Profit Healthcare and Organizations. There are three types of entities that own hospitals‚ which are: nonprofit‚ for-profit‚ and government. However‚ it can’t be determined if they specialize in different medical services or how their service profits affect certain specializations. More than likely‚ the for-profits offer profitable medical services that
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Why firms decide to go global Growth Many companies will prefer to invest their excess profits in order to expand‚ but sometimes they are limited because of the maturity of the markets in their area. Therefore‚ they seek the overseas new markets to provide such growth opportunities. So‚ these companies‚ in addition to investing their excess profits‚ also try to maximize efficiency by employing their underutilized resources in human and capital assets such as management‚ machinery‚ and technology
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Economics. Aim : The important of economics is that we can examine whether society is better off through government to influence changes in the provision of certain goods. Objective: At the end of my presentation‚ the audience ceill be able: To know about we do business To know about inflation To know about influence of economic. Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within
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environment Appendix [pic] Aalborg University‚ July 2009 Culture‚ Communication and Globalization Master’s Thesis Appendix to thesis Appendix I - 3 - INTERVIEW GUIDE - 3 - Appendix II - 6 - Interview transcript Interviewee I-C - 6 - Interview transcript Interviewee I-D - 15 - Interview transcript Interviewee I-E - 32 - Interview transcript Interviewee I-F - 43 - Interview transcript Interviewee I-G - 61 - Interview transcript Interviewee I-H - 74 - Interview
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Y-M-C-A! A Business Overview of a Non-Profit Organization Crystal Hunter American Intercontinental University Abstract A semi-detailed business overview of the non-profit organization known as the YMCA or Young Men’s Christian Association is discussed. A brief history of the origins of the company is detailed along with the definition or explanation of the company’s mission statement. The organization’s basic legal‚ social‚ and economic environment is described. Likewise the YMCA’s management
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financial management relationship between non-profit and for-profit organizations. A recent surge to push non-profit organizations to behave in a more business-like manner has resulted in an evaluation of the financial management practices. This paper examines a few of the similarities and differences amongst the two organizational types in relation to source of funding‚ performance evaluation measures‚ and governing mechanisms. The analysis of non-profit organizations leads to an understanding that
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of a time‚ right? Tap water can be very hazardous especially in developing countries and many people are not in favor of it. Bottled water is better than tap water because of its convenience and time saved. Bottles of water are also safer to drink unlike many parts of the world who don’t have access to clean water in general. So‚ to make this clear and simple the convenience of bottle watered out ways tap water. Anyone can carry a bottle of water with them anywhere at any point. This convenience also
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to reach its full potential financial management must be in place. This management needs to be aware of at least the basics of financial plans which are revenue‚ cost and profit. These three things can make or break a company. Each of these things must be understood and considered before plans can be laid to create or better a company. Revenue is the amount a company receives (Marginal Revenue‚ 2009). If a company is in the business of sales‚ revenue is the amount of money the company receives
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these things all the time. I play out all kinds of different scenarios in my head and think about what the future might be like. But the one question I never really asked myself is what types of jobs will there be in the future? After reading “Better than Human: Why Robots will and Must Take Our Jobs” by Kevin Kelly I really begin to think about what jobs will be gained and lost from robots becoming more advanced and this realization really hit much closer to home then I expected. If our technologies
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