The relationship between marginal revenue (revenue generated by increasing product sales by 1) and marginal cost (the cost in producing that 1 extra product) is important to a business in terms of profit maximization. A business reaches maximum profit when there is equilibrium between these two numbers. An imbalance on either side will result in a decrease in profit. Profit maximization in terms of total revenue to total cost shows that the maximum profit is achieved when the distance between the
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using another employee’s password should be discussed. Along with how doing so would be in violation of company policy and the HIPAA Privacy Act. Disciplinary action should also be discussed. B. Criminal Liability A situation from Montana Code 41-1-402 that may result in criminal liability to the organization if not followed correctly is (d) which basically states that a minor may consent to health care
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310.1.2: Organizational Forms Task A SOLE PROPRIETORSHIP: This is the most common form of business as it is owned by one person‚ so there is no distinction between the business and the owner. Liability – Because there is no distinction between the business and the owner‚ all liability falls on the owner/sole proprietor. If the business fails‚ both personal and business worth and assets are at risk as they are the same. Income Taxes – Filing for income taxes are an advantage as the owner
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CYPOP5 Task 1 As a home based childcare provider there are legislations that I work to that are put in place to ensure your child gets the upmost care whilst in my care. There are many legislations‚ these are the ones I feel are most relevant: Children Act (2004 and 1989) The Children Act 2004 amended the Children Act 1989 mainly in response to the Victoria Climbe inquiry. The Children Act 1989 was the first acknowledgment in UK Law of children’s rights encapsulated by the phrase ‘the needs
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References: Barrett‚ D. (2012‚ December 29). Christians have no rights to refuse to work on Sundays‚ says Judge. The Telegraph. [Co.]. p.1 Civil Rights Act (1964). Retrieved from www.ourdocuments.gov on April 23‚ 2013. Constructive Discharge. Retrieved from www.tislaw.com on April 20‚ 2013. Digest of EEO Law. Retrieved from www.eeoc.gov on April 20‚ 2013. Employment Law. Retrieved from
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Linda M. Student ID: RJOT Task 1 I recently left a position at a small Early Childhood Education center in the city of Pittsburgh‚ Pennsylvania. The school consisted of children ranging in age of 6 weeks to 6 years. I worked there for eleven years in a variety of age groups. Most of my experience was in Preschool‚ with children who were three and four years old. The school was located in Point Park University located in the heart of downtown Pittsburgh‚ in one of the University’s dorm buildings
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LIT1 Task 310.1.2-01-06 Part A Sole Proprietorship: A sole proprietorship is owned by only one person. All profits and losses are the responsibility of the owner only. Liability – There is unlimited liability in a sole proprietorship. The owner is solely responsible for any debts that may occur. Income Taxes – The business files taxes as one single unit. Because profits are not shared‚ they are considered personal income to the sole proprietor. Longevity/Continuity – In a sole proprietorship
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http://www.dnaindia.com/analysis/standpoint-gender-stereotyping-in-indian-recruitment-advertising-1994209 Rationale: For my written task 1 I have decided to write an opinion column based on the topic “Gender Inequality” to the public and the readers with the writing style of the author. I chose to write an opinion column from an article which talks about how woman are showed unimportant compared to men in advertisements. I chose to write on this topic because I feel that gender inequality is a major
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Business Proposal for online expansion – Food Corps Jermaine Ross Western Governors University Business Proposal for online expansion – Food Corps In a small town in North Carolina‚ the United States Marine Corps combat force is training for an upcoming combat mission to Iraq. With the Marine Corps standard of not allowing service members to shop outside of the military base while in uniform‚ several service members are faced with a dilemma. The options of finding
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Expert Group Meeting on Integrated Environmental Considerations into Economic Policy Making Processes‚ Bangkok‚ 20-24 July 1998. A. “The need and benefits of integrating environmental considerations into economic policy making processes: 1. Both economic development and protection of the environment are critical for sustainable development. The environment is not an isolated concern but cuts across all sectors. Also economic policies impact at multiple levels and across sectors. Therefore
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