AFTA (ASEAN Free Trade Area) ASEAN Free Trade Area (AFTA) is a trade bloc agreement by the Association of Southeast Asian Nations supporting local manufacturing in all ASEAN countries. The ASEAN Heads of State and Government decided to establish an ASEAN Free Trade Area or AFTA in 1992. The objective of AFTA is to increase the ASEAN region’s competitive advantage as a production base geared for the world market. A vital step in this direction is the liberalization of trade through the elimination
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Cost-Benefit-Analysis. In order to choose the best strategy that leads to our business goal‚ we ha have conducted Cost-Benefit-Analysis on the offering of Freemium account to potential customers to attract them and lead to buy the Premium Service. We had in mind that searching for and getting new customers for the business is expensive and beneficial. So we decided to invest on building a lasting and profitable business customer base‚ and instill trust into customers by offering an exceptional customer
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FTAA What are the main reasons why governments across the Americas are pushing for the free trade area?. Main reasons are explained in the Summit Of The Americas (December 1994) among all the reasons we can emphasize the idea of unifying efforts among all American countries (or most of them‚ Cuba is not included for example) in order to achieve a faster economic growth ‚ lower inflation‚ expanded oportunities and confidence in participating in the global marketplace and to promote prosperity
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Cost Benefit Analysis A cost benefit analysis is important because it can help us decide what would be the total expenditure on a particular project along with the expected returns from the project. From a cost benefit analysis‚ it is easy to decide whether implementing the project will be a profitable deal for the organization or not. It is through the examples of this process that we can get a clear idea of how to proceed with this calculation. Definition As said above‚ a cost benefit
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problem. An organization lost 125 employees last year‚ at a cost of $5‚000.00 each. (Value is derived from cost to rehire and fill opening‚ as well as lost investment in the employee.) You suggest that a one-time investment in a training program (costing $250‚000 up front) will reduce turnover by 50%. Calculate the following numbers using historical figures as your assumptions. a. Total savings that the program stands to create Total Cost of the lost employee training= (125*$5000) =$625000 Total savings=
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determine if they should make or reject a certain decision by using marginal costs or benefits. Marginal costs refer to the change in cost over the change in quantity while marginal benefits refer to the change in benefits over the change in quantity (“Marginal Costs & Benefits”‚ n.d.). When it comes to a decision in purchasing a home‚ the strength of the economy could affect the marginal costs and the marginal benefits. During the times of economic growth‚ the consumer who purchases a new house
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Cost Benefit Analysis: New Orleans Sleeves Project Your Full Name Course Number and Name Professor’s Name University Name Date Cost Benefit Analysis: New Orleans Sleeves Project Decision environment often experience dynamics and swings which create short and long term effect on chances of survival for two alternatives to solve a problem. When faced with a decision dilemma that requires critical assessments‚ analysis resorts to analytical tools that ensure competitive positioning advantage
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ANNUAL REPORT 2011 - 2012 Trends in India’s Foreign Trade India’s Trade Performance India’s merchandise exports reached a level of US $ 251.14 billion during 2010-11 registering a growth of 40.49 percent as compared to a negative growth of 3.53 percent during the previous year. India’s export sector has exhibited remarkable resilience and dynamism in the recent years. Despite the recent setback faced by India’s export sector due to global slowdown‚ merchandise exports recorded a Compound Annual
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economic growth in a way which is sustainable over the long term. Interest in determining costs and benefits is increasing in the environmental field. The possibilities for performing cost-benefit analyses in the waste area depend‚ however‚ on what is known about the actual emissions or discharges associated with waste disposal methods and their effects on the environment and health. On the other hand‚ the benefits and disadvantages of recycling are more complex. Development of a recycling program can
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Cost/Benefits of Friendships Northcentral University Cost/Benefits of Friendships Can men and women be just friends? There is a song called “Why can’t We Be Friends? Or have you ever watched the movie when Harry Met Sally and they both are sitting in the diner late at night and the famous scene when Sally asks Harry that men and women can just be friends without having sex with each other. (Reiner‚ 1989)It is possible? I think and it can be done‚ but the biggest difference is
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