The consequences of competition for the pricing and output decisions of firms are most easily established in the model of pure competition‚1 which requires that 1. Potential buyers and sellers are numerous and each is so small relative to the market that individual decisions about purchases or output do not noticeably affect market demand or supply‚ nor‚ consequently‚ do individual decisions affect the market price. 2. Firms in the industry produce a homogeneous (standardized)
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susceptible to errors in finishing work. So‚ companies now are making system to be computerized because in this way it can minimize time and efforts consumed by using manual system. One way to save time and effort is to start using Sales and Inventory System. A sale refers to the exchange of product or services for an amount of money or its equivalent while making Inventory in a business is a total amount of goods and the act of counting them. Inventory is merchandise in-stock and on hand‚ also
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either a by-product of IT‚ a representation or‚ just about anything that espouses IT.” The great possibilities the internet offers can effect society as one perceives it. In the Philippine daily inquirer by Margie Quimpo-Espino: “ in another Sign how simple idea can turn to something big in the internet.” In the book‚ “Understanding Computers”‚ Reggie Planas defined web site as “A collection of web pages maintained by a college‚ university‚ government‚ agency‚ company of individual. Some popular
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Unit 2 Assignment 1: Homework Learning Objectives and Outcomes Determine program input‚ processing‚ and output stages. Create the necessary flowcharts to describe a program’s structure. Use pseudocode to define a program’s structure. Formulate solution algorithms for calculations by properly following the order of operations. Assignment Requirements Answer: Short Answer 1‚ 2‚ 3‚ and 4 on page 71 Algorithm Workbench Review Questions 1 and 2 on page 71 Programming Exercises Questions 1
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firm aims at maximization it sales revenue (price x quantity0 rather than its profit. Hence his hypothesis has come to be known as sales maximization theory & revenue maximization theory. According to baumol‚ sales have become an end by themselves and accordingly sales maximization has become the ultimate objective of the firm. Hence‚ the management of a firm directs its energies in promoting and maximizing its sales revenue instead of profit. The goal of sales maximization is explained by the
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BUDGETARY CONTROL Budget is a plan which is expressed in terms of definite members: Eg. of a plan – Production has to be increased in the next quarter Eg. of a budget – Production has to improve by 10000 units from the last quarter to the next quarter. Definitions: According to ICMA “budget is a financial & / quantitative statements‚ prepared & approved prior to a defined period of time of the policy to be pursued during that period for the purpose of attaining a given objective. They may
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Araluen Botanic Park Website (10 marks) a) Draw a pie chart to illustrate how many people have been to Araluen Botanic Park before. (2 marks) | Respondent that have been to Araluen Botanic Park | The number of respondent that has been to Araluen Botani Park | The percentage of respondent that has been to Araluen Botanic Park (%) | 1 | Yes | 2 | 3 | 2 | No | 58 | 97 | b) Draw a 3 pie charts to illustrate how many people intend to visit
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Unpleasant sales/customer service experience description and facts: I remember a Friday afternoon my husband and I trying to get an electronics representative at Wal-Mart that‚ we were waiting on someone that can actually speak some technology‚ and when we finally got an employee to assists us‚ he got the area nodding his head like anticipating that he was not doing anything at all‚ I explained was I was looking for and I gave him the details‚ he seemed to be tired and answer me in monosyllabs
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SOPHIE MARTIN PARIS SALES AND INVENTORY SYSTEM BY: RICHARD JOHN TAN RENE FRANCIS JOHN JESENA MIGUEL ANTONIO DE LEON CHAPTER 1 The Problem and Its Background Introduction: Sophie Martins which is located at #202 Sophie Office Pantalan Street Caniogan Morong Rizal. Sophie Paris’ journey to success is fuelled by hard work‚ exceptional skills‚ supreme talent‚ strong motivation and pure guts. Encouraged by the strong acceptance in the Indonesian market and nearly saturating the population
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information that was unique to Dracca and explaining to TrendBaby how this assembly strategy saved Dracca thousands of dollars each month. Dracca discovered that TrendBaby actually hired Shumaster to provide this information‚ and that Shumaster was using Dracca company computers to relay the proprietary information to TrendBaby via email. Meanwhile‚ Sally May‚ a sales representative for Dracca ran into her neighbor who is a sales representative from one of Dracca’s competitors. May is friendly with
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