2008). The ROCE of Greggs reduced 2.1% from 25.3% in 2010 to 23.2% in 2011 while the one of Whitbread increased from 12.6% to 13.3%. Even though Greggs had experienced a decrease‚ it performances better with the return on assets than Whitbread in general. What ROSF different from ROCE is that it considers the net profit after taxation and preference dividend‚ representing the profit available to owners (Atrill and McLaney‚ 2008). Same as ROCE‚ a higher ROSF reveals a better performance. With the
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COMPANY PROFILE PHILIPPINE FLOUR MILLS INC. (History) PHILIPPINE FLOUR MILLS is engaged in wheat flour milling on 3 April 1961 as wholly owned by GUNZALO PUYAT & SONS‚ INC. The Machineries & Equipments were acquired in the same year from the BUHLER BROTHERS‚ UZWIL SWITZERLAND. Construction of the building; Mill Bldg‚ Silos‚ Flour Bind/ packaging and warehouses were completed in early 1962. The factory was constructed on 49square meters. Production started July 1962 at the initial daily
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direct cost. However‚ Sainsbury’s GPM was reduced form 5.62 to 5.39‚ and the industry was the same decrease from 2288% to 21.65%. this shows that Morriosn;s has control their cost more stringent than other competitors. Net profit margin: In general‚ net profit margin has increased from 3.91% to 4.27% . This can be explained by the reduction of administrative expenses due to the improvement of waste minimization and efficicency maximization in individual cost centres Explaination: Profitability
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increasingly demanding ‚ milling machines in industrial applications are increasingly being used milling machine technology is constantly improving . In general‚ the milling machine is divided into Raymond mill ‚ ultrafine grinding powder machine ‚ powder mill‚ large mill‚ high pressure mill‚ coarse powder mill ‚ ball mill ‚ and other series models. Mill is mainly used in ore ‚ gold oriented ‚ paper‚ energy‚ cement and other operations grinding Mohs hardness 7 and humidity below 6% ‚ the use of hot air
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B.C. Home » Agriculture » Apiculture Ministry of Agriculture What is Apiculture? Apiculture is the management and study of honeybees. Apiculture is derived from the honeybee’s Latin name Apis mellifera‚ meaning ‘honey gatherer’. Since bees do not collect honey but nectar from which honey is made‚ the scientific name should actually be Apis mellifica meaning ‘honey maker’. Although apiculture refers to the honeybee‚ the vital role all bees play in the pollination of crops and flowering plants
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a) Explain‚ using your own examples‚ John Stuart Mill’s case for freedom of expression. John Stuart Mill was a Utilitarian‚ believing that all ethical questions should be decided by applying the Principle of Utility. This principle states that the morally correct action in any situation is that which will increase happiness for the greatest number of people. Actions are right in proportion that they tend to promote happiness‚ wrong as they tend to produce the reverse of happiness. From Warburton
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individuals.” (Mills‚ 1959‚ p. 3) In this paper‚ I will be discussing the various aspects of the sociological imagination in relation to one other contemporary article‚ (Benforado‚ 2010)‚ as well as within my own life. The idea that Mills presents in his writing‚ The Sociological Imagination‚ is the concept that one must be knowledgeable of their role within society. The process by which we become aware of our wellbeing in society is‚ by the "quality of mind" (Mills‚ 1959). What Mills (1959) is trying
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Market Size and growth rate: Market size of the industry is 40 billon and the industry has been growing at the rate 20% during the period 2000-08. The industry is currently in the rapid growth and takeoff phase since many innovations are coming up and the industry is being attracted by many big corporate to enter in. Number of rivals: The industry is divided into two sub segments: routine tests and specialised tests. In routine test segment‚ the industry is fragmented into many small companies
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John Stuart Mill-Enlightenment and the freedom of thought Short biography John Stuart Mill was born in 1806‚ after the Enlightenment and after the American Declaration of Independence‚ but his interpretation of the basic ideas of liberty‚ individual rights‚ women’s rights‚ and other issues contribute to the continuing development of democratic ideas. Mill was a philosopher‚ economist‚ and (like his friend Jeremy Bentham) was a proponent of Utilitarianism. Utilitarians believed that an action
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“Actions are right in proportion as they tend to promote happiness; wrong as they tend to produce the reverse of happiness. Happiness is intended pleasure and the absence of pain.” – John Stuart Mill John Stuart Mill defines utilitarianism as a theory based on the principle that “actions are right in proportions as they tend to promote happiness‚ wrong as they tend to produce the reverse of happiness” (Sparknotes Editors). There are a few important aspects of this definition. It presents utility
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