production or fulfillment as the basis for pricing goods and or services. Using this method‚ the selling price of a product will be the cost to produce it‚ including both direct and indirect costs‚ plus an additional amount to generate a profit for the seller. The strategy to establishing this type of pricing has a financial objective of setting a high price to make high profits initially. Then following a recovery period of extensive research and development cost to maximize profits before any factors
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Pillars of Islamic Banking & Finance By: Munawwar Ali Kartio Research Scholar MBA (Finance)‚ DAIBP‚ LLB‚ PGD (Islamic Banking & Finance) Under Supervision of Prof Dr. Iqbal Ahmed Panhawar Pro-Vice Chancellor UNIVERSITY OF SINDH – JAMSHORO (MirpurKhas Campus) بسم الله الرحمن الرحيم PILLARS OF ISLAMIC BANKING & FINANCE Abstract Islam emphasis justice and equity in all spheres of human society and refrains from all sorts of exploitation in financial dealings. It encourages
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Working capital management : I t involves managing the relationship between a firm’s short-term assets and its short-term liabilities. The goal of Working capital management is to ensure that the firm is able to continue its operations and that it has sufficient cash flow to satisfy both maturing short-term debt and upcoming operational expenses. Management of working capital Guided by the above criteria‚ management will use a combination of policies and techniques for the management of working
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Abstract The theory of perfect competition is the most fundamental core topic of economics. Deviations from its underlying assumptions offer the format for the development of all other aspects of economic theory. For example‚ reducing the number of sellers and blocking entry initiates the discussion of monopoly‚ deadweight losses‚ rent-seeking behavior‚ etc. This first presupposes that the underlying assumptions are present in some manner. This‚ however‚ is not the case for the assumption of perfect
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Law of Demand Other things equal‚ as price falls‚ the quantity demanded rises‚ and as price rises‚ the quantity demanded falls. Demand shows the quantities of a product that will be purchased at various possible prices‚ other things equal. In short‚ there is a negative or inverse relationship between price and quantity demanded. Economists call this inverse relationship the law of demand (MCConnell‚ Brue‚ & Flynn‚ 2009‚ p. 47). Basically‚ this means less is bought at higher prices‚ and more is purchased
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the company is different from the equity firms. The main difference is that the returns of fund management are based on the performance and then further divided into the fund managers. The manager gets the rewards in terms of compensation while maximizing the investors’ investment return. In this case the Dutch is receiving more than the Shell which means that whatever the earning would be‚ Royal Dutch gets the maximum out of that inflow and
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structure to describe this area market would be a competitive monopolistic market. If it were a normal produce store I would have said it was closer to a perfect competitive market but due to a restricted number of organic farmers it lowers the amount of sellers. In this case it was very easy for other businesses to start in the market‚ products are slightly different between the other produce stores due to the quality and the lack of chemicals (organic). In this case the competitors to Kudler Fine Foods
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Chapter 7 The Production Process: The Behavior of Profit-Maximizing Firms Prepared by: Fernando & Yvonn Quijano © 2007 Prentice Hall Business Publishing Principles of Economics 8e by Case and Fair CHAPTER 7: The Production Process: The Behavior of Profit-Maximizing Firms The Production Process: The Behavior of Profit-Maximizing Firms 7 Chapter Outline The Behavior of ProfitMaximizing Firms Profits and Economic Costs Short-Run versus Long-Run Decisions The Bases of Decisions:
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tool with the help of an example is presented in the paper. At the end‚ different ways to refine the tool and discussion on how to build the decision support system is presented. This type of decision support tool could be adopted by online retail sellers to provide their users a way of efficiently comparing between different alternatives. Keywords Multi-Criteria Decision Making‚ MCDM‚ Multi Attribute Utility Theory‚ MAUT‚ Hypothetical Equivalents and Inequivalents Method‚ HEIM‚ Decision Supporting
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BCBGMAXAZRIA The fashion designer clothing line BCBG stands for bon chic‚ bon genre. It is a French term that means good style‚ good attitude. Max Azria founded the line in 1989 and was inspired to bring European sophistication to American fashion. His line has now expanded to shoes‚ handbags‚ sunglasses‚ swimwear‚ jackets‚ fragrance‚ accessories and menswear. The label is high quality‚ affordable‚ classic and sophisticated. It is targeted toward women of all ages‚ shapes and personal styles
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