How can PICO Agriculture increase the motivation of the employees by changing their managerial style? Business and Management Internal Assessment Name: Salma Diab Candidate Number: 000709010 School: Cairo American College Main Essay: 1848 words Executive Summary: 198 words table of content Executive summary
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elasticity of demand= % Change in Quantity demanded % Change in income Subsidy: A payment that reduces the cost or price of a good or service often from the government Economies of scale: Falling average costs as the size or output of a firm increases. Positive Externality: Benefits received by a third party; beneficial spin-off effects; social benefit greater than private benefit. Demerit Good: A good for which the long term
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Unit Title: Introduction to Business Level: 3 Learning Outcomes and Indicative Content: Candidates will be able to: 1. Unit code: IM Learning Hours: 100 Understand and describe the nature and purpose of business in terms of what businesses do‚ what resources they need and who they are accountable to 1.1 1.2 1.3 Explain the needs of different stakeholders in a business; owners/shareholders‚ customers‚ employees‚ management‚ suppliers‚ creditors and government Describe the inputs required by
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Ch. 9: Organizational Agility: The Responsive Organization Mechanistic organization A form of organization that seeks to maximize internal efficiency. Organic structure An organizational form that emphasizes flexibility Organic Structure 1. Jobholders have broader responsibilities that change as need arises. 2. Communication occurs through advice & information rather than orders & instructions. 3. Decision making and influence are decentralized and informal. 4. Expertise highly valued
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the existing product line (multiple pack formats‚ photo below)‚ the company continue to stretch the product line with different pack formats (of recent‚ the PET packaging). This initiative may potentially lead to cannibalization and causing diseconomies of scales in production. Price Targeting the masses with price positioned below most of the “organic” and “non-organic” soymilk products across most channels. With exception to chain convenient stores‚ its pricing is much higher
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INSTRUCTIONS SHEET 1. Please read the exam instructions and question paper carefully and write your answers in the examination answer booklet. 2. Answer all the short answer questions in Part A. Part A is worth 30 marks. 3. Answer two (2) questions from part B‚ out of the choices provided. Part B is worth 30 marks. 4. Write clearly‚ use headings and subheadings where appropriate‚ draw neat graphs and provide clear explanations. Good luck with the examination. PART A
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Limited Companies Private Limited Companies - Ltd Many private limited companies start out as sole traders or partnerships. They are mostly small scale operations and often run by family members. They form a limited company to: 1. Improve their financial security as the owners (now called shareholders) are no longer personally liable for the business debts. This is called limited liability. This means that if the company went out of business and left debts then the shareholders would only lose
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founded by Leo Mechelin. With its headquarter located in Espoo‚ Finland‚ Nokia is able to become a leader in the advanced technologies fields‚ network infrastructure industry and location-based technologies sector. It is currently focusing on a massive scale telecommunication infrastructure and technology development (Nokia‚ 2015). Employing more than 57‚000 workers‚ it is the 274th largest company in the world measured based on the revenue generated in 2013 (Fortune‚ 2013). However‚ on 25th April 2014
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This approach by no source complies with the favourites of shippers who support further ports. Economies of scale are the leading power behind the system of containerships calling at a restricted number of big ports. This strategy will‚ so‚ enhance transhipment costs with the hazard of longer transit time for containers that must be transhipped and relayed‚ whether
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QNO-6 a Ans Posted by Chetan Chitre in Introduction‚ Managerial Economics. trackback Managerial Economics – Managerial Economics is a branch of economics that studies application of principles of economics to various business situations. A Business organization is essentially a group of people who have come together for attaining certain common objectives. These objectives are largely material in nature – eg. profits‚ salaries‚ production for the purpose of consumption‚ etc. The behavior of
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