Economies of Scale * This is the cost advantage that a business obtains due to expansion. * That is the factor that cause the average cost of producing a product to fall‚ as output of the product rises as explained in the ‘Dictionary of Economics’. * By achieving economies of scale‚ a company would have the cost advantage over its existing and new rivals. * Further‚ the company could achieve lower long run average cost (i.e. productive efficiency). But if technology changes‚ this
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in an oligopoly is economies of scale. Economies of scale generally refer to the cost advantages that will be associated with large organizations. Margaretta (2012‚26) suggests that companies pursue economies of scale in the belief that this will be decisive in determining a competitive advantage and increased profitability. Woolworths enjoys significant economies of scale in relation to its competitors. In the supermarket industry‚ benefits of economies of scale is usually achieved by buying products
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Grading Scale 2 Robert Hernandez English 102 Research paper Grading Scale Anyone who has attended a high school or college will readily say that one of the most stressful aspects of the entire experience is grades. Students will loose hours of sleep per night poring over textbooks‚ clutching a pen in one hand and a mug of Starbucks coffee in the other. They soon foster an obsession with achieving and maintaining perfect grades to the point where anything that earns less than "A" is a disgusting
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Economies of scale are the factors that lead to a reduction in average costs as a business increases in size. There are five economies of scale Purchasing Economies When businesses buy large numbers of components‚ for example materials or spare parts‚ they are able to gain discounts for buying in bulk. This reduces the unit cost of each item bought and gives the firm an advantage over smaller businesses which buy in small quantities. Marketing Economies
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The meaning of "Crossing the Bar" is about dying and meeting God when you arrive in Heaven. I believe that in the poem the Pilot was capitalized to represent God‚ and being able to be greeted by him when he dies. In lines eleven and twelve when he says "And may there be no sadness of farewell / When I embark;" you could tell that the speaker was accepting his death‚ and did not want anyone to be saddened by him leaving. The tone of this poem is sad since the speaker is dying‚ but it is also
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The pH Scale is a scale made to show how acidic or alkaline a substance is. The pH of something is measured with pH paper which can vary from wide range paper‚ which covers all ph’s‚ but is not as accurate at some others. There are pH papers that get very specific that can have a range such as 2 or 3 and get much more precise. The neutral on the scale is 7. Anything that is below 7 is considered acidic and anything above 7 is considered alkaline. Acidic substances contain more H+ than OH-. H+
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influencing the Credit Rating Score used by Alpha Credit Rating Ltd. ‚Risk factors influencing the credit rating score used by Alpha Credit Rating Ltd.‛ Submitted To: Ms. Farhana Firoz Senior Lecturer‚ School of Business North South University Submitted By: Mohammad Akib ID: 092-0237-030 School of Business North South University i|P age Date of Submission: April 21‚ 2013 Risk factors influencing the Credit Rating Score used by Alpha Credit Rating Ltd. ‘‘Risk factors influencing
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Around the period of the First World War the King of the United Kingdom said to the then Earl of Derby “My father was frightened of his mother‚ I was frightened of my father‚ and I am damned well going to see to it that my children are frightened of me.” One of the most powerful men in the western world during a time of great strife said this about the ones closest to him in his life. Why would a man of such potentially great compassion in one of the most fruitful nations of its time feel this way
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HOW DO I COMPILE A BUSINESS PLAN? | | ARE YOU ASKING THE RIGHT QUESTION? Before you read this sheet: You should either be a business owner or be sure you want to be a business owner and that this is the right time for you to venture into business * You should have a clear business idea and area of business * You should have done some basic viability studies * You should have read "What is a business plan?" Remember: If you can’t compile a business plan‚ you can’t run anything
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Assignment On Camel Rating of Brac Bank Ltd Course code: FIN-4142 Course Title: Bank Management Submitted By: Name Id Batch Jotan Banik 2010110000077 25th School Of Business Studies Southeast University Date of Submission: January 10‚ 2014 1 Table of Contents Contents Pages Introduction 03 Origin of camels rating system 03-04 Six Factors of Camels Ratings System 04-05 Process of Camels Reporting: 05 Camels Rating System of Bangladesh:
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