Elasticity- The measure of sensitivity of quantity supplied to changes in price. Demand Elasticity- The measure of responsiveness of the consumers to the changes in price. Classification of Demand Elasticity 1.Elastic Demand- when the quantity demanded is greatly affected by the changes in price. 2.Inelastic Demand- the quantity demanded increase in price creates a lesser change in the percentage in quantity demanded. 3.Unitary Demand- when there is an
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What is SAS SAS is an abbreviation for Statement of Auditing Standards‚ which provides guidelines on generally accepted auditing standards. Accounting Standard Board (ASB) issues them on matters that deal with the preparation and issuing of audit reports for non-users. Statement of Auditing Standards has different sections - each dealing with professional standard with an assigned standard number. SAS 115 It establishes the procedures and process of communicating internal control related matters
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....................................3 3.1 Impact on South Africa’s Balance of Payments ....................................................................................................5 3.2 Impact of the Exchange Rate on different Spheres of the SA economy...............................................................5 3.2.1 Business
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SAS History SAS was founded in 1976 to help a wide range of customers‚ from pharmaceutical companies and banks to academic and governmental entities. SAS originally emerged as a program called the Statistical Analysis System. The program was developed in 1966 at North Carolina State University under a grant from the National Institutes of Health to analyze vast amounts of agricultural data collected through the United States Department of Agriculture. The early leaders of the project were NCSU
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Using IF THEN ELSE statements‚ LENGTH is to be use so that the new coloum create (Patient) will have defined length that is $12. data newclass; set sashelp.class; length Patient $12.; If weight <=84 then Patient= ’UnderWeight ’; else If weight >84 and weight <=100 then Patient= ’ProperWeight ’; else If weight >100 then Patient= ’OverWeight ’; else Patient= ’OutLier ’; run; ====================================================================== SELECT WHEN END statement
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CERJUGO SA Background Cerjugo SA is the largest manufacturer and distributor of beer in a country in Latin America.* Started in 1960‚ Cerjugo currently sells 360 million bottles of beer annually with revenues last year in excess of $200 million. Cerjugo employs 2500 employees and its four beer brands account for 98 percent of the market share. The beer manufacturer has been growing steadily with the GDP of the country thanks to little competition and no new entrants in the market. Cerjugo has its
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Gentlemen‚ Good Evening‚ Introduction I am delighted to join you tonight to celebrate OSIM’s 30th Anniversary. From its beginnings as a trading company in household goods in 1980‚ OSIM has transformed itself into a top leader in branded healthy lifestyle products in Asia. Over the past three decades‚ OSIM’s revenue has grown from $31 million in 1990 to $477 million in 2009. But the path to success has not always run smooth for OSIM and what I find particularly note-worthy is OSIM’s positive
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MFE 6390 Spring 2013 Residual analysis in SAS (continued) In the previous two lectures‚ we learnt how to obtain the residuals of the estimation and to formally test for heteroscedasticity in the model. In this lecture‚ we will focus on testing the model errors for serial correlation. Recall that‚ in order to make valid inferences using the linear regression estimates‚ we need the errors of the model (i.e. residuals) to
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became the Chairman of the UB group. History of United Spirits o 2006 : United Spirits acquired of Bouvet Ladubay SAS‚ a Company in France engaged in manufacture of wines. This acquisition has been made by Asian Opportunities and Investments Limited‚ a wholly owned subsidiary of USL in Mauritius. The acquisition involved the purchase of entire share capital of Bouvet Ladubay SAS for a consideration of Euro 14.75 Million. o 2007: United Spirits Limited‚ the flagship of The UB Group acquired a
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Introduction Sa Sa International Holdings Limited (Sa Sa) is one of the cosmetics retailing group in Hong Kong. Sa Sa is very successful on their business which make them has over 270 retail stores and counters in Asia‚ covering Hong Kong‚ Macau‚ Mainland China‚ Singapore‚ Malaysia and Taiwan. Therefore‚ our group interested in analyzes and evaluate the marketing mix of the Sa Sa’s promotion which includes the personal selling and advertising. And we will also analysis the place to see how Sa Sa Company
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