Economies of scale The long run – increases in scale A firm’s efficiency is affected by its size. Large firms are often more efficient than small ones because they can gain from economies of scale‚ but firms can become too large and suffer from diseconomies of scale. As a firm expands its scale of operations‚ it is said to move into its long run. The benefits arising from expansion depend upon the effect of expansion on productive efficiency‚ which can be assessed by looking at changes in average
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INTRODUCTION Within any speech community ‚ there are degrees of language variation. The geographical location of an individual; their socio-economic background; their education and even their gender are all significant factors in language variation. Individuals differ in the manner in which they speak their native tongue‚ although usually not markedly within a small area. These variations in language constitutes its dialects. All
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they ask themselves‚ accounts for such resilience: competitive pricing? Quality? Technology? Or‚ is it ready availability? Mr. Brijmohan Lall Munjal‚ chairman‚ Hero Group of Companies‚ addresses some of these issues in an interview with Soumya Kanti Mitra. What makes the 2-wheeler segment so impervious to demand fluctuations? A 2-wheeler is the most necessary consumer durable good owned by lower Middle‚ and middle class‚ households. There is multiple ownership of this product in such households
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Introduction [pic] Kotak Education Foundation is an organization working for the underprivileged children and youth in Mumbai and Raigad district. An initiative in the field of education by Shri Uday Kotak and Smt. Pallavi Kotak‚ it started officially on January 1‚ 2007. Shri Uday Kotak is the Promoter and Managing Director of Kotak Mahindra Bank Limited. He heads the Kotak Mahindra Group which is in diverse financial services such as Banking‚ Investment Banking‚ Stock Broking and Distribution
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Introduction Railways are of great use to us. They were introduced into India by the English. Description There is an engine at the head of the train. Behind it there are several carriages. The engine and the carriage together are called a train. The train runs over a pair of steel rails. The rails are parallel to each other. They are placed on thick planks of wood. The planks ar called ’sleepers’. There are three classes of railway lines. The widest is called the Broad Gauge‚ the second is the
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Chapter I Background of the Study As we all know‚ the Philippines is one of the few countries who has not passed the divorce bill and we can clearly see that our catholic orientation has been a dominant factor. Divorce is a way for couples to take marriage for granted. Given this‚ Filipino Catholics (especially the devout ones) tend to oppose the divorce bill. Marriage is not something that should be taken for granted and I truly believe that any problem between the married couple could be solved
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Contributions and Achievements of Fidel V. Ramos * during his time‚ the Philippines was cited as Asia’s Next Economic Tiger because he brought back economic growth * the Philippines celebrated Centennial Independence in 1998 * he’s the only Filipino who received British Knighthood from the United Kingdom‚ bestowed by Queen Elizabeth II (Knight Grand Cross of the Order of St. Michael and St. George) * he led the 4th APEC Summit held in the Philippines * his “Philippines 2000” vision
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All Animals are able to feel pain in the same way humans feel pain. “When it comes to pain‚ love‚ joy‚ loneliness‚ and fear‚ a rat is a pig is a dog is a boy. Each one values his or her life and fights the knife” (Newkirk). The debate of animal rights has been a controversy for some time and numerous people could argue that animals have no rightly value like humans do. Animals have just as much value and deserve to be treated right. Although many believe animals have no feelings‚animals should have
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LITARTURE REVIEW Roma Mitra‚ Shankar Ravi (2008)‚ A stable and efficient banking sector is an essential precondition to increase the economic level of a country. This paper tries to model and evaluate the efficiency of 50 Indian banks. The Inefficiency can be analyzed and quantified for every evaluated unit. The aim of this paper is to estimate and compare efficiency of the banking sector in India. The analysis is supposed to verify or reject the hypothesis whether the banking sector fulfils its
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doi:10.1675/063.032.0201 LaFountain‚ R Laycock‚ G. (2000). Hypothesis-based Research: The Repeat Victimisation Story. Lee‚ A. S.‚ & Baskerville‚ R. L. (2003). Generalizing Generalizability in Information Systems Research. Information Systems Research. Mitra‚ S. K.‚ & Pathak‚ P. K. (1984). The Nature of Simple Random Sampling. Annals of Statistics‚ 12(4)‚ 1536-1542. doi:10.1214/aos/1176346810 Purposive sampling | Lærd Dissertation Reber‚ A. S. (1985). Dictionary of psychology. New York: Penguin Books.
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