The traditional profit maximizing theories of the firm have been criticised for being unrealistic. As a result‚ alternative theories of the firm were introduced (Sloman & Sutcliffe‚ 2001). One of the alternative theories of the firm is Growth maximization. Following are the main motives for the firms to grow: The cost motive: A growth maximising firm can lower its long run average costs by exploiting economies of scale and economies of scope. Economies of scale come into effect when increasing
Premium Economics Marketing Profit
Well‚ I finished mine yesterday‚ and it was SO easy. This is because I use typing instead of writing. Typing is easier than writing because everything can be neatly organized‚ you can get things done faster‚ and you do not have to worry about bad penmanship‚ which is why typing is way better than writing. Don’t believe me? Then let me show you what makes typing so much better than writing. First of all‚ everyone knows that when you are on a computer‚ you can save anything you write. However‚ when
Premium Writing Typewriter Education
Hades: Better than you think Most of the time‚ when prompted to think about Hades‚ you’d think of a god that’s so related to the dead that he’d be evil to every extreme. Death‚ destruction‚ malevolence‚ and suffering right? All sorts of evil for the god of the dead and ruler of the underworld. However‚ what if I told you that Hades wasn’t evil‚ he was actually better than he’s made out to be? Hades is actually not as bad as he’s thought to be because of his role‚ his personality‚ and his location
Premium Hades God Good and evil
more and more people are choosing carbon fiber instead of aluminum. But why are they choosing carbon fiber instead of aluminum? Carbon fiber has many advantages that make it better than aluminum. So is carbon fiber really better than aluminum? What is carbon fiber? Carbon fiber is a very lightweight carbon material used to in many things such as cars‚ aircraft‚ and bikes. What does carbon fiber have that’s so much better than aluminum? Carbon fiber is a very lightweight material that can be molded
Premium Oxygen Iron Corrosion
Which is better—Coke or Pepsi? Chocolate or Vanilla? Conventional food or Organic food? Wait‚ what? It’s easy for us to form answers from our own opinions‚ but not from scientific research. Your best friend might love Pepsi‚ but you could be an adamant supporter of Coke. There is no true evidence that chocolate is better than vanilla. The same applies to food. No one can prove scientifically that organic food is better than conventional food. That’s not to say that regular food is unhealthier or
Premium Organic food Organic farming Sustainable agriculture
daily but they never state facts Until today there was a way to decide which company is better. Therefore Apple is better than Samsung. Apple has a number of pros that Samsung does not‚ like Apple gives so much back‚ and helps the US economy area. Apple also has a better reputation with repair companies‚ and a better rating for repairability then the Samsung. These reasons all add up with why Samsung is better. With people constantly breaking their phones not wanting to pay the any company’s overpriced
Premium United States Mobile phone Apple Inc.
All cities‚ Empires‚ and River Valley Civilizations treated women like the lesser of the two sexes. Why was Sparta the first to give women rights? In this article‚ we will compare Athens to Sparta. Sparta‚ however‚ was the first to give women a sufficient amount of their own rights. But why did Sparta finally decide to give women rights? Researchers say that it was their giant win over their rival city-state Messenia. Athens did not have a giant slave population 3 times the size of them‚ but with
Premium Sparta
exercise fatigue and exhaustion. Water may also contribute to body temperature. Drinking a cold beverage during exercising is tend to reduce your body temperature. Water hydrates better than any other liquid before and after an exercise. On the other hand many athletes prefer sport drinks which are meant to taste better. All living cells need energy to function correctly for chemical reactions can occur. The energy in the human body is obtained by breaking down organic molecular level. Bonds breaking
Premium Nutrition Obesity Carbohydrate
Wealth Maximization & Functions of Finance – Financial Management Assignment of MB0029 MBA assignments of Financial Management for MB0029: Offer your arguments in favor of wealth maximization of one of the goals of financial Management and Functions of Finance. Wealth Maximization: Wealth maximization has been accepted by the finance managers‚ because it overcomes the limitations of profit maximization. Wealth maximization means maximizing the net wealth of the company’s share holders
Premium Project management Finance Corporate finance
The concrete was surprisingly better than the concrete we use today because the concrete from the past was more environmentally friendlier then modern concrete‚ it also endure chemical decay and last even longer when submerge in sea water.
Premium Ancient Rome Roman Empire Concrete