individuals (labour) bring forth a diverse range of skills and other characteristics and have different preferences between work and leisure‚ and hence supply different number of hours of work. in assessing what is known as the demand side‚ Norris notes ’employers differ in the type of labour they seek. It is the (ideal) task of labour markets to allocate labour to its most productive uses to maximise the output of goods and services and the collective utility of workers. The most prominent competing
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Slide Set 1 – Investment Alternatives An investor aims to maximise their expected welfare * Return is good * Risk is bad * However‚ to get higher returns investors must take on more risk – the reason for this is because there is a premium for risk (risk return trade off) * No free lunches on wall street * Portfolios * Different asset classes * Financial assets * Paper or electronic * E.g. Stocks‚ bonds etc. *
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Aquatic habitats The variability in marine salinity between habitats does not impact the fish living there True. Which energy pyramid cannot be inverted? Pyramid of energy Which marine habitat would have the least access to primary producers? Deep sea and sea floor Which of the following aquatic environment would not freeze in water Salt marsh Less than 0.1% True The most productive marine habitats are in the open ocean False If a stationary body of water has a constant temperature from
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CMA DEFINITIONS-PART2: Why to look at financial statements? • It helps to analyze trends in data and operating results. • Trends are important because they may point to basic changes in the nature of the business. • With the use of ratios they help to evaluate a company’s past performance and are useful in projecting its financial future and also reflects a company’s performance compared to industry averages. Why ratios advantageous? • Measurement of economic events and transactions and
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Chapter 7 Supply Chain Management _______ Types of inventory * By stages of production and value added * Raw materials (RM) * Work-in-progress (WIP) * Finished goods (FG) * They’re not equally costly * Finished goods are more valuable * They need to be managed differently * By function * Cycle stock (working stock): amount of inventory that you expect to sell * Safety stock (buffer stock): amount of inventory that you don’t expect to
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nl/locate/econbase Exchange rate exposure‚ hedging‚ and the use of foreign currency derivatives George Allayannis a‚* ‚ Eli Ofek b a b Darden Graduate School of Business Administration‚ University of Virginia‚ PO Box 6550‚ Charlottesville‚ VA 22906‚ USA Stern School of Business‚ New York University‚ 44 West 4th St. #908‚ New York‚ NY 10012‚ USA Abstract We examine whether firms use foreign currency derivatives for hedging or for speculative purposes. Using a sample of S&P
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Note of ACCT 1501 Accounting and financial management 1A: Introduction to Financial Accounting & Key Financial Statements: * Accounting: the process of identifying‚ measuring‚ recording and communicating economic information to assist users to make decisions * There are specific business language used in accounting: 1‚ Grammar 2‚Vocabulary: every accounting terminology has its specific meaning 3‚ Practice: all is based on accounting standards‚ disciplines and assumptions Through
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ACCT1501 Notes Financial accounting Accounting is a process of identifying‚ measuring and communicating economic information to allow informed decisions by the users of that information. Financial accounting measures an enterprise’s performance over time and its position (status) at a point in time. Accrual accounting The method of making an economically meaningful and comprehensive measurement of performance and position by recognising economic events regardless of when cash transactions
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manage their supply chains: 1. The need to improve operations 2. Increasing level of outsourcing 3. Increasing globalization 4. Increasing e-commerce 5. The need to manage inventories across the supply chain Bullwhip Effect – demand variability is progressively larger moving backward through a supply chain Supply Chain Activities a) Strategic (Design) Activities - long-term impacts on a supply chain - goals and competitive characteristics such as quality‚ cost‚ variety (flexibility)
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TOPIC 4 : NOTE MAKING AND NOTE TAKING SKILLS If you are able to take and make good notes‚ you will save time in terms of: Having to look for the original text Having to look through massive piles of notes just to retrieve the specific information that you need. 1. WAYS OF MAKING NOTES -depends on the situation and the purpose for note-making -different ways of making notes : Annotation; Outline notes; Column notes; Mind maps Summary notes. 1.1 Annotation
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