ECONOMIES OF SCALE Economies of scale are an important aspect of efficiency in production .Economies of can henceforth be define as ‘the reduction in average costs of production‚ that occur as a firm increases in size’. As businesses grow and their outputs increases‚they commonly benefit from a reduction in average costs of production.Total costs will increase with the increase in output‚but the cost of producing each unit falls as output increases .The reduction
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Development in Nagaland: Current Status and the Way Forward Skill Development in Nagaland: Current Status and the Way Forward Lal Bahadur Shastri National Academy of Administration| Mussoorie Lal Bahadur Shastri National Academy of Administration| Mussoorie STATE TERM PAPER Thavaseelan K (A 31) STATE TERM PAPER Thavaseelan K (A 31) 2013 2013 Index Sno | Topic | Page No | 1 | Introduction | 3 | 2 | Why is Skill Development in the North East urgent and critical? | 4 | 3 | Nagaland – An
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NO. 1. INTRODUCTION 4 1.1. POWER MANAGEMENT AND CONSERVATION 5 1.1.1. WHY ENERGY EFFICIENCY? 5 1.1.2. HOW TO CONTRIBUTE? 6 1.1.3. HOW TO SAVE ENERGY? 6 1.1.4. RECYCLING 6 1.1.5. ENERGY USED IN THE TEXTILE INDUSTRY 6 1.1.6. IMPROVING EFFICIENCY OF ELECTRICITY USE 7 i. Lighting 7 ii. Electric motor 7 iii. Electric heating 8 1.1.7. IMPROVEMENTS IN EFFICIENT FUEL USE 8 i. Selection of fuel 8 ii. Selection of boiler 8
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Problems Faced by Small and Medium Pharmaceutical Companies Small and medium enterprises (SMEs) in their endeavour towards trans-nationalization and exports are confronted with several issues. These include: lack of expertise‚ training and finance for technological up-gradation and adoption of good manufacturing practices (GMP) by SMEs to meet global quality standards; limited exposure and expertise on IPR issues; limited adoption of information technology (IT) techniques in production and processes;
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The Canadian Recording Industry: CD Vs. Digital Stephanie Puccinelli 0764785 MDST*2020 November 12‚ 2012 City and Colour‚ Our Lady Peace‚ Arcade Fire and Billy Talent are all bands that depend on the Canadian recordi//g industry. Without this industry these bands would have had a hard time becoming known to such a wide array of people. Not only does the recording industry help make the actual recordings in the studio‚ but they also make it possible for artists and bands to put out songs
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for slides: Problems in the Two Wheeler Industry - Negative Growth Negative growth is the major problem being faced by companies in the two wheeler industry. The two wheeler industry has been shrinking continuously3. From a peak of over 40% growth in 2002 it is currently facing a growth of -12% in the second quarter of 2008. Exhibit 2 shows the recent trends. Exhibit 2. De-growth in the industry Analysis of the different segments leads us to the conclusion that the main reason for negative
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Common Problems As we got some real life idea now we will try to find out where the problems actually lie. In Bangladesh there are a lot of Small Business firms but all of them can not succeed in their business. It is very hard to operate and make a business profitable here. It is also not very easy to start a new Small Business firm. In this part we will try to identify the key problems that a Small Business firm faces in its establishment and operating period. The major problem a Small Business
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Research Topic 5: “I’ve got a small business with only 3 full-time staff. Marketing Planning’s no real practical use to me! Besides‚ I can’t afford the time and/or the money to do it” The writing of a marketing plan is extremely important step in the functioning of an effective and successful business. A marketing plan will give a snapshot of where the business currently stands‚ where the business hopes and wants to be and what needs to be done to achieve this. This is crucial if the business
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Measurement Scales If a researcher is going to use statistics properly‚ it is crucial to consider the kind of data about which descriptive statistics are to be calculated or to which will be applied some kind of statistical test. Statistical analysis‚ even simple analysis as counting‚ requires that each characteristic to be studied be assigned a unique value. Sometimes‚ especially in qualitative research with small samples‚ this value can be a word or symbol. For example‚ the interviewers could
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ECONOMIES OF SCALE Economies of scale are basically the increase in efficiency of production as the number of goods being produced in a firm increases. Typically‚ a firm that achieves economies of scale lowers the average cost per unit through increased production since fixed costs are shared over an increased number of goods. Fixed costs are those costs of production that do not change when output changes. There are two types of Economies of Scale: Internal economies External economies Internal
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