000($970‚000-$177‚000). The total implicit cost is $190‚000($175‚000+.15X$100‚000). The total economic costs is $983‚000($793‚000+$190‚000). b. The accounting profit in 2010 is $177‚000($970‚000-$793‚000) c. The economic profit in 2010 is $-13‚000($970‚000-$793‚000-$190‚000). d. The owner should not leave his job because the economic profit is negative‚ which means he will earn less if he does his own business. 2. a. The type of agency problem that is involved here is principal-agent problem. Marriott
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ORGANIZING THE ENTERPRISE Why do you go to business? Reasons: 1. Personal Satisfaction – they enjoy challenges and risk-taking ventures. Their business success gives them a sense of fulfillment. 2. Family involvement- they feel it is their responsibility to continue the business of their parents‚ especially if it is profitable. 3. Independence and power- they want to be the boss. 4. Social Activities- there are people who are really born socializers. 5. Profit experience- some
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hosts‚ one can readily see that some of these services must be disabled. Authentication services are necessary‚ I recommend configuring the system to pass or allow this service. The three services I know to be unnecessary‚ based on our network topology are the Secure Shell (SSH)‚ Microsoft Remote Procedure Call (MSRPC)‚ File Transfer Protocol (FTP). Simple Mail Transfer Protocol (SMTP) is essential to email communications in a Windows network‚ this service allows users within the network to send and
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Jonathan Ang AIDS Fundamentals ID# 64546397 RENT Rent is a film that is almost identical to its Broadway musical counterpart. It is a story of eight individuals whose lives collide on one Christmas and become a family over the course of a year. They struggle with love‚ success‚ and AIDS in the poor area of East Village of New York City in the late 80s. The movie opens with Mark and Roger‚ both roommates‚ who are angry over paying rent. Collin is Mark’s previous roommate Collin‚ who is HIV-positive
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The SWOT of Non Profit and For Profit By Shelley Coulter Submitted: May 20‚ 2013 Instructor: Olivia Kerr PHI445: Personal & Organizational Ethics (BIJ1316A) Thesis: Believing in who you are and what your purpose in life‚ sets the standards on which you live. Shelley Coulter Introduction The highest ranking professions involve helping people. Among the lowest ranking occupations are those associated with the not profit and for profit organizations. The Mesopotamian Code
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“How To Use Your Chain Of Command" Why it is important to follow proper instruction procedures in the military is for many reasons. As a soldier it is our responsibility to not only follow instruction/orders‚ but to execute the command. Not following orders can result into consequences not only for the soldier whom committed not following instructions‚ but also it can put others at risk too. Like your N.C.O. in charge of you‚ to your Team Leader‚ to your Section Sergeant‚ to your Platoon Sergeant
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Course: MKT5017- Delivering Superior Customer Value Submitted to: Donovan McFarlane Submitted by: Paige Chin- paige.chin@live.com Date of Submission: July 25‚ 2012 Title of Assignment: Case Analysis 1- Enterprise Rent A Car CERTIFICATION OF AUTHORSHIP: I certify that I am the author of this paper and that any assistance I received in its preparation is fully acknowledge and disclosed in the paper. I have also cited any sources from which I used data‚ ideas
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Megan Qualkenbush Prospect for Success in Health and Human Services HAHS-1000-001 August 24‚ 2014 All of my life‚ I have been trying to decide what I wanted to be when I grew up. When you are young‚ it is a question you are asked a lot and generally we chose a career based on what we are interested in at the moment. I have gone from artist to professional cowgirl to superstar to teacher to veterinarian; but now that I have gotten older‚ I have decided what I truly want to do with my life and I
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Davenport’s article “Putting the Enterprise into the Enterprise System” discusses the pros and cons of Enterprise Systems. These systems gather data—manufacturing‚ sales‚ logistics‚ financial‚ etc.‚ and then pull this data into a central warehouse that helps companies make informed business decisions. However‚ the Article’s main theme is‚ that while these can be powerful tools for an organization‚ the adoption of a cookie cutter solution may be counterproductive. The part that most interested me
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improving customer service is an excellent way of improving takings. My report has to include the following: . The role of a supervisor in delivering customer service‚ . The impact of excellent customer service on how your team works and the positive benefits to the hotel‚ team and customers on delivering customer service‚ . How delivering excellent service can support up-selling and add on-selling‚ . How we are to monitor service delivery. Research Customer service. What does it mean
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