A. FIRM AND ITS OBJECTIVE: Conventional theory of firm assumes profit maximization is the sole objective of business firms. But recent researches on this issue reveal that the objectives the firms pursue are more than one. Some important objectives‚ other than profit maximization are: (a) Maximization of the sales revenue (b) Maximization of firm’s growth rate (c) Maximization of Managers utility function (d) Making satisfactory rate of Profit (e) Long run Survival of the firm (f) Entry-prevention
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OBJECTIVES FOR MODULE 4: LESSON 1 Using the Internet At the end of this lesson‚ you will be able to: * Define the terms network and Internet. * Describe the origins of the Internet and its basic structure. * Identify the components of a URL. * Apply the principles of evaluation to Web sites. * Internet Objectives * 1. Participants will have an understanding of Internet connectivity and structure - Understanding hardware‚ browsers & networking including LAN &
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Objectives of Business means the purpose for which the business is established. It is generally believed that the main objective of business is ta make profit and avoid loss. We do admit that profit is a driving force in undertaking any business activity but it is not the sole objective of any business. In the words of Urwick “earning of profit cannot be objective of a business any more than eating is the objective of living” . A business which is hunting after profits and ignores other objectives
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Chapter 5 : Philippine Values VALUES - Comes from the Latin word “valere”‚ which means to be strong or to be worth. -Those standards by which a group of society judges the desirability and importance of people‚ ideas‚ actions or objects. -shared conceptions of or beliefs in what are considered desirable or undesirable. - Something deserving of one’s best effort‚ something worth living for‚ and if need be worth dying for. DEFINITION OF VALUES - Enduring conception of the preferable which influences
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Objective statement. Preface: Afghanistan is a country which surrounded by mountains it has proper climate for agricultural activities. By the three decades war destroyed majority of industries and crafts that our country has enough sources to provides raw material but up to now the situation of country is not prepare for these activities so therefore nowadays agriculture can complete the most needs of our country. By this importance of agriculture first time in entry test I took decision to complete
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What are the objectives of business? Every business enterprise has certain objectives which regulate and generate its activities. Objectives are needed in every area where performance and results directly affect survival and prosperity of a business. Various objectives of business may be classified into four broad categories as follows: 1. Economic Objectives: Business is basically an economic activity. Therefore‚ its primary objectives are economic in nature. The main economic objectives of business
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STRATEGIC OBJECTIVES Increased market share. Higher quality products to enhance the positioning. Lower costs relative to key competitors. Broader lines and attractive products consumer. Better service to customers. Loyalty or addition of new clients TYPES OF STRATEGIES Segmentation and Positioning Basic Competitive Strategies Porter Growth Strategies Strategies against the competition Launching new products PORTER COMPETITIVE BASIC STRATEGIES Competitive advantage
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RESEARCH OBJECTIVES Indian retailing industry has seen phenomenal growth in the last 5 years. Organized retailing has finally emerged from the shadows of unorganized retailing and is contributing significantly in the growth of Indian retail sector. ➢ Organized retail form 10% of total retailing. In the meantime‚ the organized sector will grow at the rate of around 30% per annum ➢ Cultural and regional differences in India are the biggest challenges in front of retailers. These factors
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5 Reasons Why Athletes Should Do Yoga Yoga offers tremendous health and wellness benefits for everyone. As a means of therapy‚ Yoga is becoming increasingly popular among athletes and sports enthusiasts. Here are 5 key reasons why Yoga can be beneficial for those involved in sports and athletic training programs. 1) Yoga enhances recovery - most vigorous sport activities generate lactic acid in muscle tissue. If lactic acid is not removed properly‚ it can adversely affect performance in future
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Unit 1 Lesson 1 Key Question Biology SBI4U-C ILC 1) Mg2+ Has 10 electrons. 2) Carbon -14 would not be effective at dating bones that are millions of years old. Carbon -14 is effective at dating to a maximum of 40 000 to 50 000 years old. The isotope decays over time and would not be present on bones that are millions of years old. 3) Hydrolysis - Water used to breakdown molecules. Hydro means water and lysis means to breakdown. An example of hydrolysis in action within our bodies is how our
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