not applicable here‚ because that rule applies when inputs can be substituted. Cost minimization is simple though; think about it.) Since the two inputs cannot be substituted‚ even if MPL/w does not equal MPK/r‚ the firm cannot shift to make it equal to minimize cost at the same output level. Given: 1) the cost minimizing output equation Q = 3L1/2 L(Q) = Q2/3 2) the restriction of increasing the output: L/K = 1/4 K = 4L 3) W = $90‚ r = $180 We know that when cost is minimized
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5 Essential Factors To Improve Memory What factors help improve memory? Here are five factors that are proven to significantly improve memory‚ help you learn and recall more and be less forgetful. 1. Positive Attitude While ever you think you have a bad memory that is exactly what you will have! If you say‚ I can’t remember numbers or‚ I’m no good with names you are making a self-fulfilling prophesy. You are conditioning your brain with negative thoughts and statements. Your brain will ensure
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It is because they would like to improve their working environment. Up to now‚ office layout is one of the most important things in the office. In addition‚ according to Haynes (as cited in Ilozor‚2002) the physical properties of the office environments can be used to influence organizational performance. In this regard‚ the layout of the office can help to improve productivity such it provides good support for meetings with uninstructed group work‚ improve team work‚ enhance good working environment
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Section 1 Accounts & Finance Sub Section 3.4 Budgeting Budget refers to a financial plan of expected revenue and expenditure for an organisation or a department for a given period of time usually on a monthly‚ quarterly or annual basis. Budget holder refers to a person‚ usually a middle or senior manager‚ placed in charge of a budget‚ who is responsible and accountable for all revenue & expenditure within allocated budget. Budgetary control refers to the use of corrective measures taken to ensure
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Health and Social Care Level 3 Unit 5 3.1 Identify national policies and local systems that relate to safeguarding and protection from abuse 3.2 Explain the roles of different agencies in safeguarding and protecting individuals from abuse 3.4 Identify sources of information and advice about own work role in safeguarding and protecting individuals from abuse 4.1 Explain how the likelihood of abuse may be reduced by: working with person centred values encouraging active participation promoting
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Understanding the management role to improve management performance Understand the specific responsibilities of middle managers in enabling and organisation to achieve its goals The responsibility of middle management within the Child Abuse Investigation team is enabling the organisation to achieve its goal in the safeguarding and promoting the welfare of children‚ protecting children from abuse and neglect‚ preventing impairment of their health and development‚ and ensuring they are growing
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What are the 5 things that I can do to improve my personal brand? First off what is personal branding? Personal branding is all about you. There are a number of different things that I can do to improve my personal brand. In the article what is personal branding the author Meg Guiseppi said that personal branding links your passions‚ key attributes‚ and strengths with your value proposition‚ in a crystal clear message that differentiates your unique promise of value and resonate with your target
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Leslie Paz Ricci 20062648 Management Decision Problems 1. Snyders of Hanover‚ which sells more than 78 million bags of pretzels‚ snack chips‚ and organic snack items each year‚ had its financial department use spreadsheets and manual processes for much of its data gathering and reporting. Hanover’s financial analyst would spend the entire final week of every month collecting spreadsheets from the heads of more than 50 departments worldwide. She would then consolidate and re-en ter all the data
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Group 1_PepsiCo April 3‚ 2013 HOW CAN AN EMPHASIS ON ETHICS AND SOCIAL RESPONSIBILITY IMPROVE PROFITS AND BENEFIT A BUSINESS? Introduction Until a few years ago‚ most companies had not cared so much about ethics and social responsibility. They only focused on cost and margin to increase their profits. However‚ nowadays‚ many successful companies and businessmen have their own foundation and do some good things‚ for example‚ the Ford Foundation has allocated millions of dollars for cancer research
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‘Five key ideas about quality assessment’ – Keep it to 5 main points and write a few sentences on each. Use references to support your ideas. McMillan (2011) describes assessment as ’the gathering‚ interpretation and use of information to support teacher decision-making’. (p5) Quality assessment is carried out to evaluate teaching‚ so that completed assessment tasks then provide information that is required by teachers to validate effective decisions about student learning. This allows teachers
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