and investment decisions are made by a salaried managers governed by a board of directors. Logic of managerial enterprise: Logic of growth and competition. BEHIND THE MANAGERIAL ENTERPRISE LOGIC Size Having the cost advantages by getting big Economy of scale Lower the cost per unit as the output rises Economy of scope Use the same raw materials and production processes to make a variety of different product *Important to mention in the exam Keep growing‚ with related diversification
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Healthy Lifestyle The majority of individuals that try to improve their condition eventually drift back into old habits such as not smoking and avoiding over weight‚ and fall short of their goals‚ feeling discouraged and even more confused about how to effectively begin living a healthy lifestyle. It is really important people know that a healthy lifestyle involves eating a nutritious diet‚ exercising regularly‚ and getting enough sleep at night; if people get conscious about these ways to keep
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To what extent is economic growth beneficial for global economies? Economic growth is defined as the expansion of the productive capacity of an economy. An increase in resources causes an area to produce more goods or services in a given period of time – as shown on a production possibility frontier (PPF) diagram‚ where the curve shifts outwards. The PPF is a curve showing the maximum combinations of goods and services that can be produced in a given period with available resources. The improvement
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Developing Pricing Strategies and Programs Marketing Management Price Changing in the Internet Internet reverse the fixed pricing trend‚ since: Buyers can: Get instant price comparisons from thousands of vendors. Name their price and have it met. Get products free. Both Buyers and Sellers can: Negotiate prices in online auctions and exchanges Sellers can: Monitor customer behavior and tailors offers to individuals. Give certain customers access to special prices. Consumer Psychology
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Pricing strategies The Role of Pricing The role of pricing Product Communicating Communicating value Delivering value Capturing value Promotion Distribution Price ! Profitability A 1% increase in price gives the biggest improvement in profit 2 compared to a 1% improvement in fixed cost‚ volume and variable cost assuming demand is perfectly elastic (i.e. demand remains the same regardless
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Lifestyle Disease Lifestyle disease which may also be referred to as Non-Communicable Disease‚ has in recent times become an issue of grave concern for governments both globally and regionally. The World Health Organization (WHO) Secretary-General‚ during a General Assembly Summit (first ever summit on deadly chronic illnesses) in 2011deemed in a statement "...the spread of non-communicable diseases as a socio-economic and development challenge of epidemic proportions..." . In another report from
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UNHEALTHY LIFESTYLES AMONG MALAYSIANS NURUL ATIKAH BINTI ZAINAL 20114446752 NURUL NADIRAH BINTI NOR ASMADI 2011492548 SYAFIQAH ULLYA BINTI SOHIZAN 2011690354 SITI NURAKMAL BINTI NAZRI 2011238298 Diploma in Industrial Chemistry Part 3 University Technology Mara Perlis “Worldwide over 1 million people die due to lung cancer each year. It is estimated that cigarette smoking explains almost 90% of lung cancer risk in men and 70 to 80% in women”. (Walser‚ et al.‚ 2008).An unhealthy lifestyle is one
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What Effect Does the Media’s “Thin Ideal” Have on Society? Magazine articles‚ TV shows‚ advertisements‚ and music videos continually depict images of unreasonably thin models and celebrities. Many of these celebrities suffer from eating disorders‚ and yet they remain the iconic symbols of our society. American men and women strive to obtain the perfect body‚ or the “thin ideal‚” that the media presents as normal. This was true for my friend‚ who dreamed of going to fashion school beginning in middle
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The Harmful Effects Television and Video Games Bring to Adolescents English Practical Writing II Lecturer Nelly Huang June 13‚ 2013 Abstract The purpose of this research attempts to find out what harmful effects thattelevision and video games might bring to adolescents’ behaviors and discuss how teenagers’ behaviors are influenced by these two kinds of media. Adolescents recently spent plenty of time on these twomedia; however they will cause some undesirable
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Advertising is harmful to society Advertising is everywhere in our modern world. Wherever you care to look‚ you can find advertisements for an unimaginable variety of products. Ads play on the Internet and television‚ they show up in newspapers and magazines‚ and they decorate our cities as billboards and signs. Advertising has become so prevalent‚ in fact‚ that many people now feel it needs to be regulated. These people worry about the false messages and materialistic tone of many advertisement
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