Internal economies of scale arise when firms increase their scale of production. Hence‚ they incur lower average costs of production‚ either through specialization or other factors. When average costs fall‚ giving the price of the good to be constant‚ profit margins of these firms will be increased. Thus‚ the individual firm benefits from internal economies of scale. External economies of scale arise when all firms in an industry experience decreasing average costs of production‚ which can be
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Department Are Babalola University ABSTRACT The Central Bank of Nigeria reported that the backward development of Nigeria was attributable to weakness in the internal control systems of the banks. This has clearly pointed out the picture of how fraud is being penetrated in the financial strength of Nigerian banks. In a nut-shell ‚ the damage which the menace‚ called fraud has done to the banks is innumerable and needs urgent attention. Internal control are measures established by directors relating
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INTERNAL AND EXTERNAL SOURCES OF CANDIDATES Internal Sources of Candidates i- Promotions : Promotion means to give a higher position‚ status‚ salary and responsibility to the employee. So‚ the vacancy can be filled by promoting a suitable candidate from the same organization. ii- Transfers : Transfer means a change in the place of employment without any change in the position‚ status‚ salary and responsibility of the employee. So‚ the vacancy can be filled by transferring a suitable candidate
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Fighting kites demonstrate the internal and external struggles of Amir. Personal disappointment cuts deep into Amir’s conscious after the initial celebration of the retrieval of the blue kite. He is unable to view the kite without the accompanying feeling of guilt. Rather than being the origin of fatherly respect Amir desires‚ the kite becomes a concrete symbol of his cowardly decision. As a result‚ Amir’s memories are now tainted with remorse. As mentioned earlier‚ Hassan’s face is that “of Afghanistan”
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”Our connections are impacted by internal and external factors.” A connection is an avenue of interaction that establishes and develops a relationship between people‚ places‚ and culture. Connections as social constructs may be positive or negative‚ impacted by internal beliefs‚ values and ideas that underlie the external determinants of environment‚ attitudes and culture within society. Poet Les Murray and educator Jane Elliott critically explore in their texts the cultural disconnection in the
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1.) INTERNAL ANALYSIS: Strengths and Weaknesses A strength that I found is that the United States Postal Service delivers to every home and business in the United States. The website said that every American has access to their services and pays the same postage regardless of where they live or work. A weakness that I found is that since the USPS is a government controlled business‚ they seemed to be closed more then other facilities‚ leaving a gap in when items could be delivered. EXTERNAL
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Internal Environment Corporate Structure Rosetta Stone’s headquarters are in Washington‚ DC. Here the decisions are made that move the company forward. Their whole focus is put on their one product‚ which is a computer program that teaches people a language in an innovative way‚ they have differentiation in their product in the sense that they have different languages and that they specialize their products to their customer. They have a second office in America in Colorado. Furthermore there are
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1.0) Introduction In this assignment we are required to set up an online business with an appropriate marketing plan and use it to contribute our business. After discussion‚ we are deciding to do an online trading business which is selling customized T-shirt through Internet. After a simple industry analysis (PEST environmental analysis) we did‚ we find out that Internet has a huge potential for new start up business. We see this opportunities‚ and we decide to conduct our business in a pure
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Gather the financial information necessary to do a complete ratio analysis and the BSC key metrics information. If you were going to create a BSC‚ what would be the key metrics you would measure in each of the four BSC areas: •Financial •Customer •Internal Business Process •Learning and Growth Perform a ratio analysis using H-D’s five-year financial performance. Interpret the meaning of the ratios and financial performance. Summarize and support your findings in a 2—3 page Word document entitled
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Akron Children’s Hospital deals with internal and external forces that impact organizational behavior on a daily basis. Examples of these forces are: 1. Restructuring-With technology changing from year to year‚ the hospital has to keep with the latest and greatest in medical procedures and equipment. The outside communities dictate this because the hospital truly belongs to the community. Internally‚ the staff expects to be educated and trained with new innovations when first available. They
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