Prepared By : Nithinlal.M PGDM ’13-‘15 Reg No : PG13027 Industry Overview Approximately 95% of India’s international trade by volume and 70% by value are seaborne. India has 11 major ports‚ 19 Medium port‚ and 187 minor ports along 7‚517 km long Indian coastline. It is strategically located as a major maritime nation due to its long coastline that flanks important global shipping routes. The National Transport Policy Committee (1980) recommended the following principles for
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at market prices of i. $9? The farmer should harvest 3 baskets in order to gain the maximum profit. ii. $13? The farmer should harvest 4 baskets in this case to maximize profits. iii. $17? The farmer should maximize profits by harvesting 5 baskets at $17. b) How much total revenue is collected at each price? Total revenue = price x quantity i
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Mission Our mission is to enrich the community by changing the lives of others one heart at a time. We will accomplish this by teaching our residents to live an alcohol and drug free life while helping them develop their strengths through educational and vocational rehab. Implementing programs such as GED classes‚ money management skills and trade programs such as electrical‚ plumbing‚ HVAC courses and more will help us to accomplish this goal. Programs Offered Continued Education
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Alternative theories to profit maximization ranging from perfect competition to strict monopolies. Companies and The Market Most companies are profit oriented. Companies survive and live on profit. Even governmental institutions‚ NGO’s and NPO’s are profit oriented‚ what they do with profit is different though. Saying this means that companies seek always to be at a position where profit is maximized. As we know by now this happens when MC=MR but this is an always changing point as supply and
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about the project and mature them into reality and also for his priceless tips and inputs without which my research and analysis would no have been possible. I thank for him for being my member‚ educating me about the working of the automobile industry‚ the distribution network and innumerable other details. Lastly my heart ful gratitude goes out to all the managers and the respondents of my research survey for taking time out from their busy schedule and exhibiting their full cooperation and
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business/enterprise. The most imperative difference between a business and this sports club is that a business is established with the aim of generating profit which the owner is entitled to because the owner is the person who provides the start-up capital. The low down A sports club on the other hand‚ it is established to provide facilities to the members and no profit is made. If‚ through fund raising efforts the club makes‚ the income generated exceeds the expenses incurred‚ then that money is called a SURPLUS
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the long run‚ perfect competitive firms only earn normal profit. This is due to the easy entry and exit of firms into the market. Easy entry is mean that a new firm can easily enter the market if it established supernormal profit in the short run‚ new firms enter the industry and this increase the supply of the product. As result‚ the price falls and reduces the profit. New firms will continue to venture into this business until the profit reach zero. Easy exit is mean that some of the existing
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I used to think that I knew what quality was. But after reading Zen and the Art of Motorcycle Maintenance‚ I realized I hadn’t even scratched the surface as to what quality really is. As Pirsig has said‚ quality cannot even be defined since it precedes every intellectual construction of it. Although this may be true‚ I will attempt to do so for the sake of this paper‚ both in terms of romantic and classical viewpoints. In reading my paper‚ I hope people can better understand where they stand on the
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The Prison System- A “Market” for Profits Joseph Hallinan’s analysis‚ “Going Up the River: Travels in a Prison Nation‚” helps to discern that the insatiable drive for profit is the prevailing reason for continued growth of the prison industry in the United States. Public values based on this drive have been supported by the avocation of a “free-market” model and capitalism in the prison system: “According to this ideology every individual pursues his or her own personal interests and the result
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The Motorcycle Diaries has evident features of ‘construction of nation’. The main character Che Guevara is one of the most significant figure in Latin American history and he actually regained the Cuban nation from the dictatorship. Hence‚ featuring him would already give a sense of revolution and independence from domination. Although‚ the young Che Guevara is not the revolutionist ‘Che’ yet in the film; he is just a medical student Ernesto. Through the journey‚ he finds the reality of the Latin
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