1.1 Nature of Business Activity Factors of Production Land … all the natural resources Labour … all the human effort (physical and mental) Capital … the manufactured resource used in the production process Enterprise … the unique ability certain people have in organising factors of production Combining the factors Labour Intensive Capital Intensive Division of Labour and Job Specialization Benefits Increased Production Lower Costs Efficiency Standardization
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Methods of Projection I. Arithmetic Straight Line Yc = a + Yi – 1 Where: Yc = initial Value (1st year) Yn = Final Value (last year) N = number of years Yi = value for the year past a = Yn - Yc N – 1 = 5975147 – 5413182 5 – 1 = 140‚ 491.25 Historical Values | |Y |a |Yi – 1
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Table of Content 1. Assumption of our company P.1 1.1 The size of company P.1 1.1.1 Organization Structure P.1 1.1.2 Our Management Attitude P.1 1.2 Our major products which want to trade to China market P.1 2. The external factors what we need to concern P.2 (i) Muffler Magic (MM) background P.5 (ii) Business characteristics P.5 (iii) Human Resources Functions in MM P.5 (iv) Recommendations of recruiting‚ selection and training role to HR manager P.5 2b. Develop
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Mixed Method Designs (Quantitative and Qualitative) Agenda: Definition and Purpose Characteristics Types of Mixed Method Designs Strengths and weaknesses of Mixed Method Research Steps in Conducting a Mixed Method Research Study Criteria for evaluating a Mixed Method Design Mixed Method Design A mixed methods research design is a procedure for collecting‚ analyzing‚ and “mixing” both quantitative and qualitative research and methods in a single study to understand a research problem. To utilize
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The Comparative Method: systematic correspondences and comparative reconstruction; protolanguages Comparative reconstruction (CR) ′Similar words with similar meanings - in different languages (or with meanings which might oncehave been similar) may have descended from some common but now lost ancestor form. ′It is possible to reconstruct those earlier ancestral forms. ′Forms that are reconstructed rather than attested (i.e.‚ recorded in texts or inscriptions) are marked with an asterisk *in
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Sampling methods[edit] Within any of the types of frame identified above‚ a variety of sampling methods can be employed‚ individually or in combination. Factors commonly influencing the choice between these designs include: Nature and quality of the frame Availability of auxiliary information about units on the frame Accuracy requirements‚ and the need to measure accuracy Whether detailed analysis of the sample is expected Cost/operational concerns Simple random sampling [edit] Main article: Simple
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RESEARCH METHODS FOR POSTGRADUATE STUDY NV4602 Data Analysis: Exploring Relationships Ethical Use of Data Descriptive Statistics Last session review Descriptive Statistics “The sample consisted of 300 company employees (52% male‚ 48% female)‚ ranging in age from 21 to 52 years (mean = 30 years‚ standard deviation = 5 years).” (H.L.‚ 2013‚ p.24) lbic.navitas.com navitas.com Descriptive Statistics “The sample consisted of 300 company employees (52% male‚ 48% female)‚ ranging in age from 21
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There are several methods that both measure and scan the cortical functions of the brain and they both have their individual strengths and weaknesses. In a Positron Emission Tomography (PET) scan the scanner injects the patient with glucose containing radiotracers which are radioactive and emit positrons which are then picked up by the scanner. As glucose is used for energy in the body it will travel to the brain and distributes itself to the parts of the brain need it most at that time. When it
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1. Describe when it is appropriate for a company to use a job-order costing system. Answer Job order cost system provides per unit cost of manufactured products. Job order cost system is used by the companies that manufacture custom products for customers or batches of similar products. Job order cost system is used in the companies that offer many different products or services to its customers. Example Industries where job order cost system is used are Furniture manufacturing‚ Apparel manufacturing
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Assessing Sulphur Dioxide in Wine by Titration Procedure 1. Transfer 20.0 mL of wine using a pipette to each of three 250 mL conical flasks. 2. To each flask add about 12 mL of 1 M sodium hydroxide solution and allow the flasks to stand for 15 minutes. This releases the SO2 bound in complex compounds in the wine. 3. Fill a burette with standard iodine solution. Record the initial burette reading and the concentration of the solution. 4. To one flask‚ add about 10 mL of 2 M sulfuric acid
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