ECONOMIES OF SCALE When a firm moves from small scale to large scale production‚ the average cost of production of each unit falls. The reasons for which this happens are known as economies of scale – they are the benefits which result in the cost savings of large scale operations which come about when a firm expands. In other words‚ economies of scale are advantages reaped by firms engaging in large scale production. There are two types of economies of scale. They are: * Internal economies
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Small and Medium Sized Enterprises (SMEs) Development Initiatives and Their Role on Self Employed In pursuit of economic growth the economies of the developing countries around the world face a host of challenges. Widespread poverty‚ infrastructure & institutional deficit are the major task faced by most economies of strong financial environment which also includes equitable income distribution along with employment creation‚ while every developing economy may experience its own variant of these
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Sample of good assignment FACULTY OF BUSINESS AND MANAGEMENT OUMH1103 LEARNING SKILLS FOR OPEN DISTANCE LEARNERS 1 Sample of good assignment Improving the Mastery of Soft Skills among University Students in Malaysia Introduction Recently Malaysian Deputy Prime Minister-cum-Minister of Education Tan Sri Muhyiddin Yassin voiced his dissatisfaction towards the current Malaysian education system‚ and had since conducting a review towards it. This action is taken after the discovery that many students
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Scales of Justice shows a police force where there is a culture of corruption. The parts of the TV program that we saw were made up of two parts‚ The Job‚ and the Game. The Job is about a new probationary officer named Webber‚ and how he is forced to accept the corruption that occurs in the force‚ and ends up getting fired. The Game takes corruption to a new level involving higher powers such as MP’s and non-uniformed officers. They both are good examples of how it is a culture for them. The
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styles of social life that co-education is not only accepted but the feeling of its badness has also removing totally. The researchers under these conditions will also be important for the curriculum designing authorities. They can also know the problems‚ needs and the interests of the male and the female students who studying in the co-education institutions. By keeping in view all these matters the curriculum makers may set the syllabus according to the needs of the students. It is so important
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EXAMPLES‚ CRITICALLY DISCUSS THE PROBLEMS FACED BY SOCIOLOGY AS A SCIENCE AND INDICATE HOW SUCH PROBLEMS CAN BE REDUCED OR ALLEVIATED. This essay is aimed at critically discussing the problems faced by sociology as a science and indicating how such problems can be reduced or alleviated. In order to answer the question at hand‚ the definitions of sociology‚ science and alleviate will be provided. Then the essay will then turn its attention to the difficulties faced by sociology‚ there after ways of
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Following the Revolutionary War‚ many tribulations arose in the newly independent thirteen colonies. Problems such as disunity‚ slavery‚ foreign/interstate relations‚ land disputes‚ and national debt led to the formation of the Articles of Confederation in 1777. America’s first constitution‚ however‚ only lasted ten years until fifty-five delegates met in Philadelphia with the same common purpose: to preserve the American union‚ protect the American democracy from abroad‚ and curb the unrestrained
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Medium of Music Tone is the medium of music and refers to the sound that travels through air and reaches the audience. It is produced by an instrument or by the voice and has 4 qualities: * Timbre * Pitch * Duration * Intensity Timbre (also called tone color or tone quality) is the distinctive quality of a tone. Pitch refers to the highness and lowness of a tone. The vibrations and sound-producing material determine the pitch of a tone : the slower the vibration‚ the slower
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Essay: Socio-Economic problem common faced in India and America Problem of unemployment is a common socio-economic problem faced in India and United states. Reasons for the problem are more or less similar only differing in the intensity‚ complexity and depth. Looking at India first unemployment is seen as problem because country’s most important productive asset which is its manpower‚ abundance in India‚ is going waste being idle. Unemployment among educated youth is a bigger concern in the
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Strengths -Strong success in Europe -High-performance products -Recent selling of subsidiary “dog” Salomon -In many invents is the biggest sponsor -Strong management team. -Strong control over its own distribution channel. -In the soccer industry‚ it has a stronghold. -No bad reputation like child labour or environment pollution. -Diversity and variety in products offered. -Strong financial position with minimal long term debts -Innovative designs in footwear enabling consumers to design
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