Exotic Extracts‚ Inc. Manufacturing and Logistics Simulation Game* You and your management team have just acquired Exotic Extracts‚ a maker of chemical extracts that are used as coloring additives in consumer products (i.e.‚ food coloring and cosmetic products). Your company competes with several other firms that supply these additives. At the present time‚ each competing firm in this market has identical assets‚ sources of financing‚ market potential and production capability. In accord
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FAST FOOD OUTLETS HAVE MANY ADVANTAGES WHAT ARE SOME OF THE ADVANTAGES ? Advantages : 1) Fast food outlets provide a job opportunities for young people - The youth that unemployed can get the job at fast food outlets - The university student can get an opportunity to do part time job - The youth can be independent 2) Fast food outlets provide a convenient service - Through convenient service‚ customer will feel comfortable - When buying a meal at fast food restaurants‚ you always get
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Accounting for partnerships Accounting for partnerships – Discuss the advantages and disadvantages of partnerships. Identify and discuss the Financial Accounting Standards (FAS) that govern accounting for partnerships including both creation‚ operation‚ and liquidation. What are the tax consequences of partnerships. The legal definition of a partnership is pretty simple. It is an association of two or more persons who have not incorporated; and carry on a business for profit as co-owners
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Working for yourself is the American dream. Most employees have dreamed of being their own boss‚ and it has many benefits‚ but there are a few disadvantages to it as well. Advantages of working for yourself are that you are responsible to yourself. Your destiny is in your own hands‚ as well as your financial future. You determine how much work you do‚ when you go to work‚ when you quit for the day‚ when you take a vacation‚ how long the lunch break will be‚ and if you really want to put up with
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and non-tariff barriers) are reduced or eliminated among the participating states. Advantages of Trading Blocs The main advantages for members of trading blocs are as follows: 1) Free trade within the bloc: Knowing that they have free access to each other’s markets‚ members are encouraged to specialize. This means that at the regional level there is a wider application of the principle of comparative advantage. 2) Market access and trade creation: Easier access to each other’s markets
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Advantages and disadvantages of living in Singapore Many envy those who live in metropolitan cities like Singapore as the standard of living is higher‚ lifestyle is comfortable and the country is a safe haven sheltered from many natural disasters. As the saying goes‚ there are always two sides to a coin. Amid the many advantages‚ lie the disadvantages that a modern city brings. One of the advantages of living in Singapore will be its reputation as a safe haven. In fact‚ Singapore is one of the
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Advantages and disadvantages of being a sportsmen Professional sportsmen are those people who receive payment for their performance‚ as an individual or within a team environment‚ at a professional level. As any other profession in the world‚ treating sports as an occupation also has its advantages and disadvantages. First of all‚ practicing a professional sport‚ not only helps people have an active an healthy lifestyle‚ but also helps them to develop important skills such as perseverance‚
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Space research has many advantages and disadvantages. Some of the advantages are that many discoveries have been made due to space research. This knowledge can help us become a more developed society and it helps the economy. Space research can benefit us by discovering technology that will help us with our lives. Technologies have been discovered thanks to the space program such as Teflon which is a non- stick cook wear will continue to improve our lives. Space research and exploration may help
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amenities of life. Additionally‚ city centers are the places where all the business‚ educational‚ official and trade activity centers are located. The commuting time is nothing as compared to those living in the suburbs. There are many advantages living in a city. Living in a city is very convenient. There are many important things for life such as cloths‚ furniture and health care here. There are better choices because there are more shops. We can also choose an expensive or cheap things
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Advantages of New Media There are many advantages of new media‚ we can check twitter and facebook and other new media from our phones. We no longer need to wait for the morning newspaper because of the internet‚ also we have television that broadcasts news 24 hours a day. We can call people using skype for free using the Internet. More ways of communicating now because of the smartphones. You can create media by creating your own blog. We can see that new media is available everywhere and it has
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