AND SCOPE OF SCALE 2 r r r r r r r r r r r r r r r r r r r r r r r r r rr ew concepts in microeconomics‚ if any‚ are more fundamental to business strategy than economies of scale and the closely related economies of scope. Economies of scale allow some firms to achieve a cost advantage over their rivals. Economies of scale are a key determinant of market structure and entry. Even the internal organization of a firm can be affected by the importance of realizing scale economies. We mostly
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meaningful order. You can count but not order or measure nominal data. Only calculations based on the frequencies of occurrence are valid. Nominal scales have no numeric properties. Qualitative information is obtained from a nominal scale. This means objects are classified by name only. Counting is the only operation that can be performed on a nominal scale. Examples of nominal questions that may be used are: state of residence; gender; or hair color: blonde‚ brown‚ red‚ black. Ordinal Ordinal
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Economies and Diseconomies of Scale A case for McDonalds & Movie Theaters By Michele Tarrence Econ 202 Economies of scale are defined as ‘forces that reduce a firm’s average cost as scale of operation increases in the long run. The opposite of this would be diseconomies of scale‚ meaning ‘forces that may eventually increase a firms average cost as the scale of operation increases in the long run. Most every company has both the economies and diseconomies of scale that can be analyzed. In
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Self-Rating Scale The purpose of this questionnaire is to evaluate the effectiveness and performance of the employees. The data collected would be confidential .please rate yourself on the seven point scale against each statement by circulating the appropriate number .please also do the evaluation honestly so that good analysis could be made. The purpose of this questionnaire is to evaluate the effectiveness and performance of the employees. The data collected would be confidential .please rate
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Small Scale Industries Introduction The Ministry of Small Scale Industries (SSI) is a defunct Indian government ministry. It was merged with the Ministry of Agro and Rural Industries to form the Ministry of Micro‚ Small and Medium Enterprises. The ministry was tasked with the promotion of micro and small enterprises (MSEs). The Ministry of Small Scale Industries and Agro and Rural Industries (SSI&ARI) was created in October 1999. In September 2001‚ the ministry was split into
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16.7 Depth Scales * Explain what is meant by a “hypnotic depth scale.” * Give examples and explain the issues relating to the use of depth scales When discussing the topic of hypnotic depth they are referring to how ‘deep’ the subject is/can go into hypnosis and what is possible at that perceived level of depth. If you do the research you will find lots of different scales of depth‚ here I have taken the scale from the coursework provided by Adam Eason School of Therapeutic Hypnosis which
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David Kennedy CHE 235 Lab 10/30/14 Scale-up Synthesis and Characterization of Butyl 2-Cyano-3-(3‚5-dichloro-phenyl)-2-propenoate‚ TSE Project #131 Introduction: This report describes the steps taken to create the scale-up of targeted trisubstituted ethylene‚ Butyl 2-Cyano-3-(3‚5-dichloro-phenyl)-2-propenoate compound (#131)‚ and also the characterization methods deployed to the results. This report serves as a critical step in the overall objective of the project; the synthesis of the copolymer
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Acknowledgement ... ... ... … … … iii ... ... ... … … … iv … 1 Survey of Small and Medium Scale Industries and Their Potentials in Nigeria. By F.N.‚ Udechukwu‚ AGM‚ African Express Bank Plc … … … … The Role of Central Bank of Nigeria in Enterprises Financing. By C.M. Anyawu‚ Deputy Director‚ Research Dept.‚ Central Bank of Nigeria … … … … … 15 Problems and Prospects of Small and Medium-Scale Industries in Nigeria. By J.A. Olorunshola‚ Asst. Director/Vice Principal (Academics)‚ CBN\ Training
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Methods of performance appraisal: Traditional method Traditional method of performance appraisal has been used by companies for very long time. A common feature of these methods is they are all relatively simple and involve appraisal by one senior. 1. Check list method In this method the senior‚ the boss is given a list of questions about the junior. These questions are followed by check boxes. The superior has to put a tick mark in any one of the boxes. This method can be explained with the
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Task 1 Now being marketing executive and with reference of the above case of McDonald’s‚ discuss the concept of marketing for a service industry (such as Restaurant or Hotel) with relevant examples and also mention its characteristics. (1.1) M1 1.1 Marketing Marketing is the process to find out the needs‚ wants and the customers’ demands so that the customers will be satisfied after using that product. The process of discovering and translating consumer needs and wants into product and service specification
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