Q4) what are the advantages and disadvantages to a firm of operating on a large scale? Economies of scale fall under microeconomics and are the cost advantages a business obtains due to expansion. As scale is increased they cause a producers average cost per unit to fall. Microeconomics (from Greek prefix micro- meaning "small" and "economics") is a branch of economics in which you study the behaviour of how the individual firms make decisions to allocate limited resources. Normally‚ it applies
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info RESEARCH ARTICLE An Empirical Analysis of Capital Structure on Firms’ Performance in Nigeria Taiwo Adewale Muritala* Department of Economics and Financial Studies‚ Fountain University Osogbo‚ Osun State‚ Nigeria. *Correspondence E-mail: muritaiwo@yahoo.com Abstract This paper examines the optimum level of capital structure through which a firm can increase its financial performance using annual data of ten firms spanning a five-year period. The results from Im‚ Pesaran & Shine unit
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Explain two models of behaviour change that have been used in recent national health education campaigns. Theory of Reasoned Action: This theory was first created by Ajzen and Fishbein in 1980. This theory provides a framework to study the attitudes that support behaviours and suggests that the most important determinate of an individual’s behaviour is their behavioural intent. This is the individual’s intention to preform a certain behaviour‚ which is formed from a combination of their attitude
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and Audit Firm Size: Revisited by Dan A. Simunic The University of British Columbia December‚ 2003 Background: 1. Audit quality is an important element of corporate governance – although it’s unclear whether audit quality and other aspects of corporate governance (e.g. director knowledge and independence) are fundamentally complements or substitutes. 2. Notion that audit quality varies systematically across classes of audit firms (now Big 4 vs. non-Big 4) has been a very productive
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the Vivarte Group 2. The 3V’s business model 3. The value chain analysis 4. The Boston Box matrix 5. Brand positioning 6. SWOT II. Where we want to go? The Chinese market analysis 1. General facts about China 2. PESTEL analysis 3. PORTER’s five forces 4. Competitive environment 5. The Chinese clients types III. How we will get there? Action plan 1. Why China? Which objectives to reach? 2. The Ansoff’s matrix 3. The 4Ps CONCLUSION
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now works for Crosby and we cannot change that. We would set up a meeting with management. Attending the meeting would be Crosby and us. We would voice our displeasure with how Crosby was attracting Olds with incentives such as golfing and baseball tickets. The meeting would hopefully end any future conflicts similar to the current one. 2. Keeping Olds would have been extremely difficult as he was juggling between two projects at once. Palmer could have‚ however‚ went to management at the
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Macbeth’s Demise. From the beginning of the play‚ and in the progression of the plotline‚ it is clear that the character of Macbeth is in the downward spiral into evil. Macbeth’s evil and inner demons originate from a combination of the prophecy of the three witches‚ as well as his own lofty ambitions. However‚ it is the pressure from power hungry Lady Macbeth‚ and the murder of King Duncan that help transform Macbeth into the ruthless and immoral killer that he becomes. As the play continues he
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government benefited the country far more proficiently than it did harm. For reasons such as social reforms‚ quality leadership skills‚ good intentions and many more‚ the dismissal of Gough Whitlam and his crew was seemingly unreasonable and should not have resulted in the outcome produced. The Whitlam government did create and participate in scandals which undermined their public support and therefore led to the dismissal. Low economic growth became present during the world recession in the early 1970s
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Introduction to Services Multiple Choice Questions 1. (p. 4) In the simplest terms‚ _____ are deeds‚ processes and performances. A. Attributes B. Experiences C. Services D. Goods E. Benefits Difficulty: Easy 2. (p. 4) The maintenance contract offered by Sears on its Kenmore refrigerators‚ dishwashers and microwaves is an example of a(n) _______. A. Service B. Experience C. Attribute D. Good E. Benefit Difficulty: Easy 3. (p. 4) When Heather goes to the local gym‚ she has a personal
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CONTROL TECHNIQUES AND PROFITABILITY IN MANUFACTURING FIRM CASE STUDY: CENTURY BOTTLING COMPANY LIMITED BY WASIKE DANIEL WAMUKOTA 07/U/15905/EXT SUPERVISOR: BY MR KITALE CHRIS APROJECT REPORT SUMITED IN PARTIAL FULFILMENT OF THE REQUIREMENT FOR AWARD OF DEGREE OF BACHERLORS OF COMMERCE OF MAKERERE UNIVERSITY June 2011 DECLARATION I‚ Wasike Daniel wamukota declare that the piece of work is my original effort and never been submitted to any institution known to me for any award
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