Economics 1101 -- Assignment 4 Problem 1. a. (1 point) What is the total fixed cost for the DeBeers Diamonds? The total fixed cost for the DeBeers Diamonds is zero. b. (2 points) Complete the table above‚ providing total revenue‚ marginal revenue and marginal cost‚ as well as Total Cost when Q = 0. (Remember to put marginal items in between units.) COSTS REVENUES Quantity Produced Total Cost ($) Marginal Cost Quantity Demanded Price ($/unit) Total Revenue Marginal Revenue 0
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Geography 6 February 2013 The Issue of Blood Diamonds What is the cause of major rebellions‚ riots‚ and coups in Africa? The blood diamond trade is one of the strongest illegal trades in Africa‚ which has been fueling conflict for approximately three decades. The primary purpose of blood diamond trading contributes to funding armed conflicts for guerrilla and militant forces. The diamonds are illegally mined in a conflict zone‚ which is then used by guerrilla
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The Victor Diamond Mine When Land Can Be Worth More than Diamonds SCN1Dd Prepared by Eric Best Prepared for Mr. Grieg & Mrs. Chan March 4th 2012 The Victor Diamond Mine near James Bay in Northern Ontario rose lots of controversy over the environmental‚ economic‚ and social issues created by the mine. While the company that owns the mine‚ De Beers‚ says that the new mine will bring Canada new revenue and will boost the economy‚ the people of the Attawapiskat First Nation are in discontent
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INTRODUCTION Human resource management is one of the major part of the organisation where that focus on management‚ recruitment‚ and providing direction for the people who works in the organisation (about.com‚ 2010). And we can also define; human resource management is the function that deals with the issues function that deals with issues related to people such as compensation‚ hiring‚ performance management‚ employee motivation‚ and training and development programmes. Concerning to team
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of service quality The Gap model of service quality was developed by Parasuraman‚ Berry and Zeithaml (1985)‚ and more recently described in Zeithaml and Bitner (2003). It has served as a framework for research in services marketing‚ including hospitality marketing‚ for over two decades. The model identifies four specific gaps leading to a fifth overall gap between customers’ expectations and perceived service. The five gaps x Customers have expectations for service experiences and they use them
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The Indian Hospitality Industry Tourism Hospitality in India is based on the Sanskrit adage ‘Atithi Devo Bhava’ or ‘guest is god’. The concept was adapted by the Ministry of Tourism‚ Government of India which aims at creating awareness about rich variety of tourism in India. India is currently ranked 12th in the Asia Pacific region and 68th overall in the list of the world’s attractive destinations‚ according to the Travel and Tourism Competitiveness Report 2011 by the World Economic Forum (WEF)
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to $125‚000 liquid capital for the initial startup and running of the business. Location could also pose a problem because one would need an area sufficient for a restaurant style business. Some knowledge and experience in the restaurant and food industry would be very useful too. Supplier’s Power The franchise owner is essentially at the mercy of the suppliers due to the fact that Kahala‚ Corporation (owner of the restaurant chains) requires the franchisee to only use their selected vendors for
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Korbelack English 121 13 November 2012 “Blood” Diamonds in Africa “In Sierra Leone‚ more than 10‚000 people have suffered amputation because of the diamond trade‚ which has become a trademark atrocity for the rebels”. Unfortunately‚ Ibrahim Fofana‚ a diamond miner‚ shared a similar fate to the thousands that suffered brutal amputations from the Rebels. Ibrahim Fofana is like many of the miners who are forced to work long brutal hours in diamond mines. And according to UK Channel 5 "The True Story"
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Running head: The Theory of Porter’s Five Forces Porters Five Forces Kimberly S. Lawson 1018525 American Military University 04 October 2012 Abstract Michael Porter’s Five Forces model is a very sophisticated theory for calculating a company ’s economical standing. Michael Porter established a structure that shapes a structure that monitors an industry and is often used in strategic planning. Porter ’s detailed five forces model is one of the most frequently
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Porter Analysis of the Zara Fashion Chain The Zara fashion chain‚ with 546 stores in 30 countries today ?from which 340 are outside Spain- and ?2914‚3 millions of total sales in 2002‚ is undoubtedly the group?s locomotive (Inditex‚ 2003). In 2002 it represented 33% of the group?s total stores‚ accounted for 72% of the group?s total sales and contributed to the holding?s total profits for ?540.4 millions (Inditex FY2002 Results Presentation‚ 2003). Moreover‚ Zara with 75-90 new stores within 2003
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