AND SCOPE OF SCALE 2 r r r r r r r r r r r r r r r r r r r r r r r r r rr ew concepts in microeconomics‚ if any‚ are more fundamental to business strategy than economies of scale and the closely related economies of scope. Economies of scale allow some firms to achieve a cost advantage over their rivals. Economies of scale are a key determinant of market structure and entry. Even the internal organization of a firm can be affected by the importance of realizing scale economies. We mostly
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How to Motivate Workers in an Organization by Ruth Mayhew‚ Demand Media Motivating workers requires creativity and an understanding of the areas where employee performance exceeds your company ’s expectations. Motivation also may come from addressing areas for improvement before they become major problems. Both strategies convey the message that your human capital is valuable and that the company is genuinely interested in helping employees achieve excellence. Sponsored Link Global Reward Solutions
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Workers ’ Compensation How does the cost of workers ’ compensation affect construction costs? Is it worth the time and money to have a strict safety program? These are both questions that construction companies have been asking for years. But before these questions can be answered lets look it the history of workers ’ compensation. Construction is one of the most dangerous occupations. In the United States‚ the construction industry employs about 5% of the workforce but accounts for 11%
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By the end of the nineteenth century‚ the United Sates had become the ideal destination for immigrant workers. Immigrants from various countries all over the world flocked to America in hopes of finding work in the growing industrial sector. Many immigrants that migrated to America had intentions of either establishing a life for themselves in the states or sending money back home to support their families in their home countries (Goldberg‚ ed. 7‚ The American Journey‚ 523). The type of work that
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communicated to the offeror. A contract comes into existence until or unless the acceptance is communicated. Moreover‚ the offeree must agree to all the terms of the offer‚ and the acceptance cannot be deemed or assumed. In Household Fire Insurance Co. v. Grant (1879) 4 Ex.D 216‚ a letter of allotment of shares which is applied by Grant is sent to him but never reaches him. The Court held that the contract was completed on posting and Grant becomes one of the shareholders of the company. Similarly
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HOW TO START A SMALL SCALE INDUSTRY The steps involved in starting a small-scale industry are:- • Conduct Market Survey and Study the products as regards their demand in the market. Check whether it is a seasonal product or it has demand throught the year 1. Study similar products available in the market that can be probable competitors. Analyze them as regards their utility‚ quality and cost. 2. Find whether the product can be exported. 3. Explore the possibility whether some product
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Speech Communication Favorite Co-Culture Jamaican culture is fairly known in the United States today as such reggae music it is my favorite co-culture. Jamaican culture describes the Jamaican religion‚ Jamaican lifestyle and Jamaican society on a whole. Jamaican culture defines as the origin of its entire population. The Jamaican culture mixes‚ as most of the society is ethnically diverse. There are several nations and people‚ the majority are African‚ then Indian and Chinese‚ then the minority
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Unfair Dismissal of Agency Workers or Unfair Legislation in the UK for Businesses using Agency Workers? Abstract The contribution encapsulates a legal discussion on the controversial figure of the agency workers‚ from the judicial debate blossomed during the last decade in the British courts‚ as regards their legal characterization‚ until the most recent developments‚ particularly the legislative framework passed in Britain‚ the Agency Workers Regulations. On such footings‚ the investigation focuses
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Attachment Theory Bowlby’s description for attachment theory as a means for significant affectionate attachment bonds‚ created between people‚ where many types of emotional distress and personal diagnoses can be formed when this bond is lacking and/or separation is present or loss occurs (Berry & Danquah‚ 2015; Bowlby‚ 1977). This significance is developed from infancy between infants and their primary caregivers. This time period and proper attachment is pivotal in the development of a person’s
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Argumentative essay - Separate-Gender Classes in Co-Ed School is the best solution to the situation Nowadays‚ many parents are worrying about the amount of distractions that exist in co-ed schools‚ which directly affect their children’s academic performance. This is simply due to the fact that there are chemical reactions when different genders spend time together. Consequently‚ there are a number of negative effects‚ for example‚ achieving bad academic performance and inappropriate relationship
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