Marginal productivity Theory i. Diminishing Marginal Productivity ii. Example 1 iii. Example 2 7. References Introduction Diminishing returns‚ also called law of diminishing returns or principle of diminishing marginal productivity‚ economic law stating that if one input in the production of a commodity is increased while all other inputs are held fixed‚ a point will eventually be reached at which additions of the input yield progressively smaller‚ or diminishing‚ increases in output
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Understanding change in the work place Introduction I work in a residential care home there are 26 bedrooms but 28 beds as two of the rooms are double rooms most of them have en-suite. The home provides care for the elderly of different needs and different levels of care. All members of staff are trained to the highest standards with on-going training throughout the year both in house and from funded outside agencies (i.e. distance learning programmes). This means that each resident gets the
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aligning disparate business functions and demonstrating positive results. These results included: • • • • Reduction in raw material and supplies inventory from US$201 to US$195 million Two percentage decline in the growth of transport miles Increase in the return on invested capital from 7.6 percent to 7.8 percent Reduction in warehouse out-of-stock levels providing an additional 12.3 million cases available to be sold To put the last result into perspective‚ the reduction in warehouse
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Accounting Assignment -1 Question1: What is Whole Foods Market’s strategy for success in the marketplace? Does the company rely primarily on a customer intimacy‚ operational excellence‚ or product leadership customer value proposition? What evidence supports your conclusion? Answer1: Whole Foods Market’s strategy for success in the marketplace seems to be product leadership. Evidence of this can be seen throughout the documents. The first boldface heading in the company’s Declaration of Interdependence
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are required. READ THESE INSTRUCTIONS FIRST Write your Centre number‚ candidate number and name on all the work you hand in. Write in dark blue or black pen in the spaces provided on the Question Paper. You may use a soft pencil for rough working. Do not use staples‚ paper clips‚ highlighters‚ glue or correction fluid. Answer all questions. At the end of the examination‚ fasten all your work securely together. The number of marks is given in brackets [ ] at the end of each question or part question
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Question 1 For each of the following independent situations‚ compute net accounts receivable. a. Accounts Receivable has a balance of $14‚000. The Allowance for Uncollectible Accounts has a credit balance prior to adjustment of $300. An aging schedule prepared on December 31 reveals $1‚100 of uncollectible accounts. b. Accounts Receivable has a balance of $25‚700. The Allowance for Uncollectible Accounts has a debit balance prior to adjustment of $400. An aging schedule
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growth and success of the organization. Retention of key employees is critical to the long term health and success of any organization. Focusing on employee retention techniques can positively impact the organization as it increases employee productivity‚ performance‚ quality of work‚ profits‚ and reduce turnover and absenteeism. Employee retention is a process in which the employees are encouraged to remain with the organization for the maximum period of time or until the completion of the project
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it will be recorded in the purchase journal‚ once it has been certified as a valid invoice. After the journal entries‚ the next step is to post the journal entries into account. Ledger Account also known as “T” Account and Account. Ledger accounts categorize these changes or debits and credits into specific accounts‚ so management can have useful information for budgeting and
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and disadvantages. Here motivation will be defined as a stimuli acting on‚ or within‚ a person that cause the arousal‚ direction‚ and persistence of goal-directed‚ voluntary-effort. (Buchanan and Huczynski‚ 2010‚ p267). Motivation is concerned with what gets some one going to make a choice to act‚ selecting between alternatives‚ ad the sustained focus of action. (Buchanan and Huczynski‚ 2010‚ p267). Motivation theory is thus concerned with explaining why and how behavior is activated and sustained
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in beverages…secondly there is growing profitability in all the segments of AMRUTANJAN business except inhaler & other. I need to investigate that why AMRUTANJAN has stopped chemical business and why they are gaining profit in beverages business? What are the future prospective of beverages business for AMRUTANJAN co.? Why inhaler & other business has shown revenue
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