Gujarat University‚ Ahmedabad – MBA Programme Details of the Courses Offered Annexure E Course Code: C101 Economics for Managers (EFM) 1. Course Objective This course is designed to impart knowledge of the concepts and principles of Economics‚ which govern the functioning of a firm/organisation under different market conditions. It further aims at enhancing the understanding capabilities of students about macro–economic principles and decision making by business and government. 2. Course Duration
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1. The chief economist for Argus Corporation‚ a large appliance manufacturer‚ estimated the firm’s short-run cost function for vacuum cleaners using an average variable cost function of the form. AVC= a + bQ+ cQ^2 (the 2 is suppose to be exponent) Where AVC=dollars per vacuum cleaner and Q=number of vacuum cleaners produced each month. Total fixed cost each month is $180‚000. The following results were obtained: Dependent Variable:AVC R-Square
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Operating system virtualization is a method of altering a standard operating system so it may handle multiple users all at the same time. These individual users would not have any interaction with one another. Their information would also remain separate‚ even though they are using the same system. While this technology has several uses‚ the most common uses are in hosting situations and server consoladation. With operating system virtualazation‚ a single system is set up to operate like several
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Cost Accounting in Theory The last two decades has seen a revolution in management accounting theory and practice due to the challenges of the competitive environment in the 1980s. Kaplan and Johnson (1987) identified the failings and obsolescence of existing cost and performance measurement systems‚ which led to the re-examination of traditional cost accounting and management control systems. Conventional financial and management accounting methods have developed primarily as a result of corporate
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What are the qualities of an effective manager? A manager is a person responsible for controlling or administering an organization or group of staff. In this essay‚ I will discuss some qualities of an effective manager. In order to efficiently perform these management functions‚ managers need to develop others‚ adaptability and role model. An effective manager needs to set an example to all staff of appropriate behaviour and performance standards. To manage staff‚ you need to become a
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ICT 100: Introduction to Information and Communications Technology Unit 3: Operating Systems Objectives: Define the term software Differentiate between system software and application software Define the terms operating system and utility program Identify the types of operating systems Explain the boot process of a computer Describe the functions of an operating system Identify common utility programs Software‚ also called a program‚ consists of a series of related instructions
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The most basic function that a manager is responsible for is to focus the people of the organization in performing work activities to accomplish desired goals. No matter the size of the organization‚ a manager is responsible for the planning and executing of the efforts of its team members in achieving the necessary objectives of its mission. There are four primary functions of managers known to many as POLC. These very important functions are planning‚ organizing‚ leading‚ and controlling. These
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CHAPTER 10 SOLUTIONS TO BRIEF EXERCISES BRIEF EXERCISE 10-1 $27‚000 + $1‚400 + $10‚200 = $38‚600 BRIEF EXERCISE 10-2 |Expenditures | | | | | | | | | |Capitalization Period | |Weighted-Average Accumulated Expenditures | |Date | |Amount | |
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Internet Operating Systems Andrew S Minette POS/355 University of Phoenix Internet operating systems‚ or Web operating systems‚ are not operating systems per say. There are more of user interfaces. An operating system is dependent on system hardware and uses hard disk space on a user computer to install and store applications. Web operating systems‚ however‚ depend on traditional operating systems to run an instance. According to Jonathan Strickland or How Stuff Works‚ while there may not
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Thomas Jefferson Under the executive branch of the new constitution‚ Thomas Jefferson was the Secretary of State. When Alexander Hamilton wanted to create a new national bank‚ Jefferson adamantly spoke against it. He felt it would violate states rights by causing a huge competitor for the state banks‚ then causing a federal monopoly. Jefferson’s argument was that since the Constitution did not say Congress could create a bank they should not be given that power. This is the philosophy of strict construction
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