How do the economies of scale affect break-even analysis? In the video on leverage‚ leverage is compared to a fulcrum in that you need just the right balance of leverage. That would seem to indicate that there is a point where the leverage is just right and that too little leverage may be just as harmful as too much leverage. Do you think this is true? The book discusses the difference between efficiency and effectiveness. Which one do you think is the most important in business and why? Answers:
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nations now even questioned the relationship they had with their own country. Even though the poor and wealthy had distinct perceptions of the depression‚ both sides still felt challenged and changed by the experience. In this paper I will examine how the Great Depression affected the world economically‚ socially ‚ and culturally. Economic Impact of the Great Depression The Great Depression
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|Oil & Gas Industry:Past‚ Present and Future Sudha Singh At Independence‚ India ’s domestic oil production was just 250‚000 tones per annum. The entire production was from one state-Assam. Most foreign experts had written off India as far as discovery of new petroleum reserves was concerned. The Government announced‚ under Industrial Policy Resolution‚ 1954‚ that petroleum would be the core sector industry. Preamble Petroleum exploration
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The Great Depression was the longest and worst economic downturn in the history of the world’s economy. The depression began in the time of 1929 and lasted until 1939. It pronounced the beginning of the involvement from the government to the countries society and also the economy. This economic downturn affected Western industrialized economies but its effects spread across other nations. The Depression began in the United States‚ which experienced its worst effects. Even so‚ some argue that The
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In the event that prices decrease in the economy‚ regardless of the cause‚ total spending will increase. Total spending is made up of the spending by consumers‚ investment spending‚ the government’s spending‚ and net exports. According to the law of demand‚ if everything else remains constant‚ but the price of a good or service decreases‚ consumers are likely to buy more of that good or service. Also as prices decrease the value of the wealth consumers have increases‚ so consumers are able to buy
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How do Global Corporations Affect National Economies – Key Economic Indicators The growing size of the Multinational Companies around the world; their global operations and financial practices pose some serious questions about the implementation of best practices that do justice to everyone‚ including the countries with less developed economies‚ where many of these corporations operate. Global Corporations may create problems regarding the national balance of accounts. Every company operates globally
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Back then‚ the government greatly intervened with the country’s economy to a point where it had almost controlled it‚ and had unlimited control over providing jobs and financial stability to the citizens of the United States. Though it had received a tonne of backlash‚ it had had such a beneficial impact towards the country
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It came to be defined as a time of mass consumption and mass production‚ as technological advancements and the development of consumer goods increased population happiness and helped the economy attain an unparalleled level of growth. But this American Dream‚ though romanticized in later literature‚ was in reality not enjoyed by the majority of society. Indeed‚ although this period was characterized by major social changes‚ including women’s
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Government spending fails to stimulate economic growth because every dollar Congress "injects" into the economy must first be taxed or borrowed out of the economy. Thus‚ government spending "stimulus" merely redistributes existing income‚ doing nothing to increase productivity or employment‚ and therefore nothing to create additional income. Even worse‚ many federal expenditures weaken the private sector by directing resources toward less productive uses and thus impede income growth. Spending-stimulus
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The Great Depression‚ which had an effect on economies on a global scale‚ was on of the catalysts to the start of World War II. With many countries struggling‚ Hitler managed to rise to power partially from his claims of the ability to change Germany into a great military and economic power. Across the ocean though‚ America was still mired down in the economic slump. President Roosevelt had enacted his New Deal economics and America seemed to be fighting back out of the depression‚ but it couldn’t
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