concentration ratios are used to determine total market shares within four specific industries. I will also discuss the levels of competition within those industries and how oligopolies can benefit society. Case‚ Fare‚ and Oster defines concentration ratio as the share of industry output in sales or employment accounted for by the top firms (2009). They are used to measure the total output produced by a certain number of firms within an industry. Four-firm concentration ratios are used
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(1996)‚ “The need for the identification of the constituents of a destination‟s tourism image: a promotion segmentation perspective”‚ Journal of Professional Services Ajzen‚ I. and M. Fishbein‚ (1977) Attitude – Behaviour relations: A theoretical analysis and review of empirical research Akama‚ J. (1999) The evolution of tourism in Kenya. Journal of Sustainable Tourism 7 (1)‚ pp Baloglu‚ S. and K. McCleary (1999)‚ “US international pleasure travellers‟ images of four Mediterranean destinations: a
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In our analysis of Regal Entertainment Group and Cinemark Holdings‚ Inc.‚ we found interesting information in their ratios. Being theaters‚ they do not carry much inventory other than concession items and rentals costs. However this industry has heavy property plant and equipment. Liquidity Ratios We first looked at Liquidity Ratios to see if the firm is able to satisfy short- term obligations as they come due. These will also tell us if there are any possible cash flow problems. Current Ratios:
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Productivity bargaining is a process that employers and employees enter into in order to increase the overall efficiency and productivity of the business. This type of negotiation is almost always seen in factory or construction work‚ although it may also be present in the film industry and other heavily regulated workforce areas. It is rarely used in service industries where specific types employee labor are not required. A form of collective bargaining leading to a productivity agreement in
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Organizational Culture and Productivity October 1st‚ 2014 Organizational culture is defined as the “shared social knowledge within an organizational regarding the rules‚ norms‚ and values that shape the attitudes and behaviors of its employees. It is one of the most important building blocks for a highly successful organization and an extraordinary workplace. Organizational success relies on the how to operate the business in a effective and productive way. Leaders of the organizations are looking
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Abstract This analysis investigates the management policies of the two primary competitors of the Air Delivery & Freight Services industry. I use ratio analysis to peek under the covers of profitability to understand how management‚ investment and financial management activities impact the overall performance of FedEx and UPS and study how the ratios change over time for FedEx. Ratio Analysis Two competitors‚ FedEx and UPS‚ dominate the Air Delivery & Freight Services industry in the United States
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Telecommuting Increases Productivity Telecommuting‚ also known as work-from-home‚ is a common practice among many business firms. In many articles‚ authors claim that telecommuting makes noticeable contribution to companies‚ increasing productivity by around 15%-50%. However‚ to some CEOs‚ telecommuting is not an attractive option. They think that most people exaggerate the significance of telecommuting because they worry about losing direct control over the employees. Actually‚ telecommuting can
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HOW PRODUCTIVITY IS DETERMINED Productivity is the quantity of goods and services produced from each unit of labor input. Productivity’s key role in determining living standards is as true for nations as it is for stranded sailors. Recall that an economy’s gross domestic product (GDP) measures two things at once: the total income earned by everyone in the economy and the total expenditure on the economy’s output of goods and services. GDP can measure these two things simultaneously because‚ for
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WORKERS WELFARE AND PRODUCTIVITY IMPROVEMENT: A COMPARATIVE ANALYSIS BY UZOIGWE NNAMDI C. INTRODUCTION: The aim of this is paper is to provide the relationship between productivity and employee welfare in any business organization. It is a known fact that human resource is one of the most important resource that have to be managed appropriately if productivity have to be achieved and improved upon. Infact‚ organizations do not need to search for opportunities for productivity improvement anywhere
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you find a combination of numbers that is more significant than this one. This ratio is known as the Golden Number‚ or the Golden Ratio. This mystery number has been used throughout different aspects of life‚ such as art‚ architecture‚ and of course‚ mathematics. One may wonder where the Golden Ratio came from? Who thought to discover it? When was it discovered? And how has it been used throughout time? The Golden ratio has been used throughout different aspects of life after being discovered during
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