1. INTRODUCTION Communication is always necessary in building relations to mankind‚ when two persons meet they need some medium to interchange their views but due to distance barriers some tools are required to communicate each other. At the end of 19th century‚ reckoned \scientist Graham Bell laid the first stone in the field of communication using different tools regardless of distance. He invented first wired base telephony equipment. It was the solution for the voice communication for the people
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Chapter 1 Industry Background A. Definition of the Industry: What are its Products or Services? 1. Definition The development of any country completely depends upon the growth of telecommunications; it is a technology of transmitting signal through a long distance for the sake of communicating with each other. Throughout the world‚ telecom industry is being controlled by private companies instead of government monopolies. Traditional telecom technologies are also being replaced by modern
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Bluetooth Based Wireless Sensor Networks –Implementation Issues and Solutions Srdjan Krco Applied Research Lab‚ Ericsson Ireland Invited paper Abstract – Wireless sensor networks – networks of small devices equipped with sensors‚ microprocessor and wireless communication interfaces – are a technology that has gained a lot of interest lately. The broad spectrum of new and interesting applications‚ ranging from personal health-care to environmental monitoring and military applications‚ is proposed
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INTRODUCTION Cost accounting is an important tool in the management of any business firm or organization‚ which includes those in the small scaled industry. In the cause of our research instrument indicated the maintenance of improper and inadequate records coupled with the fact that cost methods used‚ through sometimes effective‚ were unconventional. For a small scale business to approach profit maximization level‚ it must be effective in cost control procedures and appropriate books
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COST OF PRODUCTION CONTENTS 1. Introduction 2. Types of costs 3.1 Opportunity‚ implicit and explicit costs 3.2 Fixed and variable costs 3.3 Average costs 3. Types of cost curves 4.4 Marginal cost curve 4.5 Average cost curves 4. Costs in Short run and in the Long run 5.6 Short run 5.7 Long run 5.8 Economies of scale 5. Cost analysis in the real world 6.9 Economies of scope 6.10 Experiential
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Generally‚ the term cost of production refers to the ‘money expenses’ incurred in the production of a commodity. But money expenses are not the only expenses incurred on the production of a commodity. There are number of services and inputs such as entrepreneurship‚ land‚ capital etc.‚ which are offered by an entrepreneur without changing any price or receiving any payment for them. While computing the total cost of production‚ allowance should be made for such expenses. It is therefore essential
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How does the way we describe something affect the way we see it? People get different types of information from their surrounding through different senses. We have five senses: sight‚ sound‚ touch‚ taste and smell. We rely on it‚ but it is well known that our senses can deceive us. Our perception consists of sensation and interpretation. Interpretation is provided by our minds‚ so each person has different interpretation. This can led to the problem of misunderstanding between people. For example
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The cost of one bit of RAM and one bit of hard drive storage over the years will have to based on what size of the bit of ram and on bit of hard drive storage that are you using or trying to buy. But if you were trying to figure out the price range of one bit of ram the prices may range from $20.00 to over $100.00. However One bit of hard drive storage prices may range $100.00 to over $300.00 depends on where buy them from. I think 100 TB hard drive will become commercially available probably 10-15
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change has become an adaptive approach to strengthening and accelerate organization’s desired achievement. For businesses‚ change is a game-changer that allows them to survive the dynamic competitive environment. Consequently‚ the fluid state of industries and the market for products have become a major reason for auditing change and deciding when to undertake them. In reality‚ the transition from one form of business to another or changing mode of operation is not a walk in the park. Of many organizations
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manufacturing cost categories. LO2 Distinguish between product costs and period costs and give examples of each. including calculation of the cost of goods sold. LO4 Prepare a schedule of cost of goods manufactured. LO5 Understand the differences between variable costs and fixed costs. LO6 Understand the differences between direct and indirect costs. LO7 Define and give examples of cost classifications used in making decisions: differential costs‚ opportunity costs‚ and sunk costs. LO8
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