employees based on their performance. There are different methods of ranking employees. • Simple ranking method • Alternate ranking method • Paired comparison method Simple ranking method Simple ranking method refers to ranks in serial order from the best employee e.g.
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economies of scale. The cost disadvantage is known as disecomonies of scale. The benefits of large-scale business Economies of scale are the cost advantage from business expansion. As some firms grow in size their unit costs begin to fall because of: Purchasing economies when large businesses often receive a discount because they are buying in bulk. Marketing economies from spreading the fixed cost of promotion over a larger level of output. Administrative economies from spreading the
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Scarcity of capital in the country as a whole. (ii) Weal credit-worthiness of small units in the country. Due to their weak economic base‚ they find it difficult to take financial assistance from the commercial banks and financial institutions. Therefore‚ small entrepreneurs have to obtain credit from the money lenders on a very high rate of interest. (3) Problem of marketing: One of the major problems faced by small entrepreneurs is in the field of marketing. They are not in a position
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Some Evidence for an Infinite Universe Observations from the WMAP satellite show with a 0.5% margin of error that the universe has a flat geometry‚ which suggests that its size is unbounded.[i] Director of the Institute for Cosmology at Tufts University‚ Alexander Vilenkin says‚ “The theory of inflation is by far the best explanation we have for the big bang. If we accept this theory‚ and refuse to mutilate it by adding any ad hoc‚ unnecessary features‚ then we have no choice but to accept
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dynamic role of small scale business in developing countries has long been recognized (Kayanula and Quartey‚ 2000). These small scale businesses can serve as engines through which the economic growth and employment objectives of developing countries can be achieved. However‚ for many years these rural enterprises have failed to grow beyond their micro enterprise nature and sometimes at best their small or medium size (Kayanula and Quartey‚ 2000). It is believed that private small scale businesses have
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Results Is your character reflected in the way you dress? | Debate.org www.debate.org › Opinions › Society The way we dress does have an impact on how we are viewed and ... So you show off your personality and reveal your character to those who see you. GRE® issue essay: The way people look‚ dress‚ and act reveals ... www.english-test.net/forum/ftopic59473.html Jul 29‚ 2010 - 5 posts - 3 authors First and foremost‚ we must recognize the fact that the way people think‚ appear and behave‚ which
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Dissertation Committee for Victoria Konstantinova Vernon certifies that this is the approved version of the following dissertation: Household Economies of Scale‚ Food Consumption and Intra-Household Allocation of Time Committee: Li Gan‚ Supervisor Daniel Hamermesh Richard Dusansky Douglas Dacy Hong Yan Household Economies of Scale‚ Food Consumption and Intra-Household Allocation of Time by Victoria Konstantinova Vernon‚ dipl.; M.A. Dissertation Presented to the Faculty of the
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extremely imperative that you review your weight two occasions each day inside your fitness programs. You might be wondering that’s there any correct way to evaluate weight? Well yes‚ you can examine undesirable weight with the help of Fitness scales! Honestly‚ it truly is the easiest way to generate fit and healthy condition with the help of Fitness scale. It genuinely saves your time and energy as you don’t need to visit such places like gyms and many types of same centres. You need to simply spear
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Dangers of Monopolies and Large Corporations Lucas A. Schmidt Luna Community College Abstract Monopolies have the potential to employ massive amounts of workers‚ and the potential to cause wide spread economic damage when they fail. Are these rewards worth the systemic risk to our economy‚ and every day life? American history is littered monopolies and large corporations that have caused‚ recessions‚ depressions‚ market crashes and economic uncertainty in the wake of their collapses. Monopolies
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SMALL SCALE & COTTAGE INDUSTRIES (Their role‚ problems & prospects in India) (AN OVERVIEW) Small scale industries Definition The definition of small scale industries have changed from time to time. Earlier they were classified under two categories: * Using power with less than 50 employees. * Using no power‚ but strength of employees is more than 50‚ less than 100. However according to the latest definition a industry is said to be a small scale industry
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