industry because it successfully creates barriers to entry. it leads to groupthink. it adds efficiency to the business ’s operation by identifying tasks that some do better than others. it avoids the pitfalls of division of labor‚ where workers become removed from thinking conceptually about the business. Specialization will usually result in jobs being performed more quickly and better. In the Making Ethical Decisions box‚ titled‚ "Safety versus Profit"‚
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Long Term Benefits of a Part Time Job Most expect the objective of a job is to earn money for oneself to use in certain circumstances. At a job; one can be of assistance to customers when they need help‚ be able to fold clothes‚ and be able to refill the merchandise when the merchandise run out. Those who have a part-time jobs will realize that a job is not just to make money‚ it teaches one how to use helpful skills to apply to one’s life. Responsibility is a skill that is developed‚ one
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immediate removal of anyone suspected of having sustained a concussion and clearance from a qualified medical professional before the player can return to the field. Football is a dangerous sport because of the high impact injuries. Some of the long term negative health effects of football are catastrophic head injuries‚ brain damage‚ laws to protect players‚ and several deaths. First of all‚ football causes a lot of head injuries over the season for players. Although sport related concussions
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Q.No.1 a) What is sociology? Ans. Sociology: Sociology is the study of human social relationships and institutions. Sociology’s subject matter is diverse‚ ranging from crime to religion‚ from the family to the state‚ from the divisions of race and social class to the shared beliefs of a common culture‚ and from social stability to radical change in whole societies. Unifying the study of these diverse subjects of study is sociology’s purpose of understanding how human action and consciousness
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increased its outsourcing from 80% to 90% and thus tapped more the potential of the Emilian mechanical district (3) Ducati further increased its bargaining leverage by instituting dual sourcing for the major components of the motorcycle and adopted short-term contracts (4) Ducati enjoyed economies of scale by increasing output from 12000 bikes in 1996 to 39000 in 2000 (5) Ducati increased the standardisation of its products (parts) and thus increased the bikes produced per worker from 76 to 87 in 200
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Chapter 4: The Valuation of Long-Term Securities 1. What is the market value of a $1‚000 face-value bond with a 10 percent coupon rate when the market’s rate of return is 9 percent? Answer: More than its face value. 2. If an investor may have to sell a bond prior to maturity and interest rates have risen since the bond was purchased‚ the investor is exposed to __________. Answer: interest rate risk 3. Beta Budget Brooms will pay a big $2 dividend next year on its common stock
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Terms of trade refers to the measurement of a country’s export-prices with respect to its import prices‚ and is considered advantageous to the dual economies only in the case of it lying somewhere between the two production possibility frontiers. The measurement of terms of trade is specifically expressed through an index number by dividing the price for exports by the price for imports‚ only to ultimately multiply the answer by one hundred. This measurement helps an economy understand where it stands
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Industrial Relations at Garments Sector and Its Global Impact Industrial Relations at Garments Sector and its Global Impact Prepared By: Md. Mamunur Rashid ID# 2005-3-10-073 Mohammad Abdus Salam 2004-3-10-082 Dewan Mohammad Masum ID# 2003-2-14-053 Course : HRM 414 Section: 1 Department Of Business Administration Prepared For: Dr.Nargis Akhter Course instructor-Industrial Relations Department of Business Administration East West University Date of submission: 12 August
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I have chosen the following four literary term; farce‚ genre‚ metaphor and image. Farce: A comedy; a short play‚ in which both subtle humor and hilarity are developed through improbable situations‚ exaggeration and (often) ridiculous antics. Example: “I’m Going! A Comedy in One Act” by Tristan Bernard (1915) In this play‚ Henri wants to go the races; however his wife‚ Jeanne does not want him to go. Henri is trying to convince her on why she should not go‚ he says it cost more money‚ she does
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Section A Question 1 (70% of exam marks) The scenario is intended to be realistic and the date is 28 November 2012‚ though assumptions of strategy and acquisition intent are fictitious. Scenario You have recently joined the Strategy Department at Koninklijke Ahold NV‚ the Dutch retailing group. The company has “strong local consumer brands in Europe and the United States” and states in the 2011 annual report that it has “embarked on a new strategy to build upon our success‚ and significantly
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