Explainthe relationship between the average cost and marginal cost curve? Answer: We usually assume that the Average Cost curve is U shaped The MC curve will intercept the AC curves at its minimum point. When AC is decreasing‚ MC lies below AC - because when MC is below AC‚ producing an extra unit of output will pull down average cots When AC is increasing‚ MC lies above AC - because when MC is above AC‚ producing an extra unit of output will raise average costs Therefore MC will intercept the AC curve
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Apple’s Make-vs.-Buy Decision Recruitment Approaches for Apple Apple would be best served with sourcing recruitment efforts from private employment agencies for their top technology or engineering positions. Considering the secrecy that surrounds Apple products‚ head hunters would be able to source out potential right fit candidates for Apple’s top positions. For their more entry level tiers‚ recruitment efforts at Colleges and Universities would be an effective
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promising the cost of more staples will soon drop. In this article we can see what the Coles use the marketing concepts of customer wants‚ pricing‚ and satisfaction to the market. Coles’s latest product is more price cuts planned in the next few weeks. It is shown that‚ Coles are using market –penetration pricing strategies‚ setting a low price for a new product in the next few weeks to attract a large number of buyers and a large market share (Kotler et al‚ 2010 p7). Furthermore‚ there are using past of
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Ethics of Using Information It’s 2007 and we have so much information available at our disposable. With just a few clicks of the computer keyboard‚ we have a vast amount of websites‚ documents‚ blogs‚ dictionaries‚ journals‚ articles‚ etc. With so much information available ethics (correct conduct when using this information) comes into play. One of the most common issues is Plagiarism. Plagiarism is when one uses another’s information and/or ideas without properly citing and crediting
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Strategic Cost Management ACCT90009 Seminar 1 Seminar 1 Subject Administration Introduction to SCM oduc o o SC Administration • Subject Coordinator Dr. David Huelsbeck Email: david.huelsbeck@unimelb.edu.au Room: 08.028‚ The Spot Phone: +61 3 9035 6256 Consultation Hours: Monday 4:15pm – 6:15pm • Seminars: Tuesday: 2.15 pm – 5.15 pm‚ FBE ‐ Theatre 211 (Theatre 2) Thursday: 6.15 pm – 9.15 pm‚ Alan Gilbert ‐ Theatre 2 Teaching Format and Resources • Seminar Format 3 hour seminar
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Did She Make the Right Decision? The short story “Eveline‚” by James Joyce is a story of a young girl who must make a decision between an unhappy life that she is familiar and comfortable with and a life of possible happiness‚ love‚ and the unknown. If she leaves with the sailor she has become fond of‚ she would have the chance to run off to unknown fun‚ unlimited dreams‚ and the possibility of love‚ or the possibility of a life of solitude. If she chose to stay with her father who was abusive
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Recording‚ Analysing and Using Human Resources Information – F203B(1) Activity 1 Data Management can be defined as the ‘administrative process by which the required data is acquired‚ validated‚ stored‚ protected‚ and processed‚ and by which its accessibility‚ reliability‚ and timeliness is ensured to satisfy the needs of the data users’. The collection of data is vital within any HR department in any organisation and can help to keep them competitive and provide a fair service to their employee’s
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Pricing Strategy Steps in Setting Price: Following are the steps in setting price for a product: 1. Selecting the pricing objectives; 2. Determining the consumers’ demand; 3. estimating costs; 4. Analysing the competitors’ costs‚ prices and offers; 5. Selecting a pricing method; and 6. Selecting the final price. 1. Selecting the pricing objectives: Before selecting a suitable price for a product‚ the marketer is needed to review the company’s objectives. The more clearer the company’s
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confidence‚ they will respect confidentiality in many ways such as‚ information about children will be shared with parents but only about their child. Parents should not have access to any other child’s books‚ marks and progress at any time‚ especially at parents’ evening. However‚ parents should be aware that information about their child will be shared with the receiving school when they leave the setting. All personal information about children‚ including social services records should be regarded
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Explain legal issues‚ policies and procedures relevant to assessment‚ including those for confidentiality‚ health‚ safety and welfare As part of the government’s scheme in raising and maintaining national standards for recognised qualifications it is of importance to maintain certain records. Training Organisations are subject to inspection by OFSTED so have to keep records for performance‚ safety and financial reasons. • Registers-attendance at lessons • Visit Report Forms-proof you
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