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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BUSINESS ENVIRONMENT TASK 1 AND TASK 2 a)Identify the purpose of different organisation giving examples(AC1.1) Sole trader-it’s a business that is owned by only one person and it can have one or more employees. This type of business organization often succeeds because the owner has total control of businees‚ the owner keeps all profit and it’s cheap to start-up‚but also it can be difficult to raise financial‚it may be difficult to specialise or enjoy economies of scale and can also have problems
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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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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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Assessment 1: Individual Assignment Bibliography: Appendix: PART 1: A SOCIAL PROBLEM PAGE 1: THE APPENDIX PAGE 2: INTRODUCTION TO THE SOCIAL PROBLEM PAGE 3-4: THE INVERTED FISHBONE TECHNIQUE AND SOLUTION PAGE 5-6: THE 5 WHYS TECHNIQUE AND OVERALL CONCLUSION PART 2: A CREATIVE BUSINESS PAGE 7: THE CREATIVE BUSINESS HISTORY PAGE 8: CREATVITY DEFINED PAGE 9-10: HOW IS NETFLIX CREATIVE? PAGE 11-12: BIBLIOGRAPHY Introduction: The first part of my assignment is based on a social problem
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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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Title: The Mean Blues and the Mean Reds Written Task 1: Literature‚ part 4 English A Language and Literature: Higher Level Rationale: 300 Word count: 800 Session: May 2014 The American School of Milan Carolina Galbiati Candidate Number: 000261- 018 Rationale The Mean Blues and the Mean Reds is a short story I wrote‚ based on the collection of short stories written by Nadine Gordimer within her collection called “Jump”. I chose to write a short story as my passion has always been
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com/community/index.tcl?zip_code=46168&set_community_zipcode_cookie_p=t&x=0&y=0 Stats Indiana. (n.d.). http://www.stats.indiana.edu/profiles/profiles.asp?scope_choice=a&county_changer=18063&button1=Get+Profile&id=2&page_path=Area+Profiles&path_id=11&panel_number=1 U.S. Department of Health & Human Services‚ Community Health Status Indicators. (2009). http://wwwn.cdc.gov/CommunityHealth/SummaryMeasuresOfHealth.aspx?GeogCD=18063&PeerStrat=46&state=Indiana&county=Hendricks United States Census Bureau. (n.d.). http://quickfacts
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Domain 1: PROFESSIONAL PRACTICE. Professional Practice‚ relates to the professional‚ legal and ethical responsibilities which require demonstration of a satisfactory knowledge base‚ accountability for practice‚ functioning in accordance with legislation affecting nursing and health care‚ and the protection of individual and group rights. 1. Practises in accordance with legislation affecting nursing practice and health care 2.1 Practices in accordance with legislation affecting nursing
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HAT TASK 1 Karie N. Webb Western Governors University Student ID# 273217 1. Description of selected community based on the assessment. Cultural assessment: Edgecombe County is a very rural community lying in the eastern section of North Carolina. The county has a population of 52‚150 with the majority of the population being African American females with the median age group of this population being 38 years old and primary langue being English (Michelle B. Etheridge‚ MAEd‚ 2010). The
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