How to tackle alcohol abuse There are many market failures associated with alcohol such as increased anti-social behaviour‚ an increased cost on healthcare and reduced productivity. A minimum price is the best way to tackle market failures associated with alcohol. Market failure occurs when an economy fails to deliver and efficient allocation of resources; a minimum price is set above the equilibrium in order to raise the price of the good. A minimum price can act as a deterrent for the good and
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Tobacco cultivation in Pakistan Tobacco belongs to family Solonaceae and genus Nicotiana. It has four species but only two of them are cultivated around the globe. These include Nicotiana tabacum and Nicotiana rustica. Cultivated species of tobacco contains 36 or 48 chromosomes while 24 chromosomes are found in wilds species. It has terminal raceme inflorescence which may contain 150 flowers. Its seed is very small 2000-5000 seeds per 2-valved capsule. It is an annual plant with tap root system
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The tobacco industry (TI) has long been under scrutiny by the public for their unethical image. It is widely known by the public that the product the TI is manufacturing‚ being cigarettes‚ kills. According to the University of South Australia‚ corporate social responsibility (CSR) is concerned with the commitment by corporate entities to act ethically and to give back to society. Over time the TI has attempted to use CSR strategies in an attempt to bridge the gap between society and themselves. Prevention
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Abstract Alcohol consumption may be linked to syncopal events. The mechanism by which alcohol may induce syncope is not well understood. Impairment of the response to orthostatic stress may be involved. A growing body of medical evidence suggests that short-term alcohol consumption elicits hypotension during orthostatic stress because of impairment of vasoconstriction. These findings have implications for understanding of hemodynamic effects of alcohol and‚ in particular‚ for understanding
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CHAPTER 1 THE PAY MODEL LEARNING OUTCOMES ■ ■ ■ Describe how compensation is viewed differently by society‚ stakeholders‚ managers‚ and employees in Canada and around the world. Discuss major components of total returns for work. Describe the four strategic policies in the pay model and the techniques associated with them. Discuss the objectives of compensation in the pay model. ■ A friend of ours writes that she is in the touring company of the musical Cats. In the company are
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firms in a given industry. e. The higher a firm’s degree of operating leverage‚ the higher its breakeven point tends to be. iii The Cherry Corporation produces tea kettles‚ which it sells for $14 each. Fixed costs are $450‚000 for up to 400‚000 units of output. Variable costs are $6 per kettle‚ and the tax rate is 40 percent. What is the company’s breakeven point in terms of sales dollars? a. $787‚500 b. $337‚500 c. $75‚000 d. $56‚250 e. $32‚143 iv Landua‚ Inc.’s operating
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3 Cost-Volume-Profit Analysis Learning Objectives 1. Explain the features of cost-volumeprofit (CVP) analysis 2. Determine the breakeven point and output level needed to achieve a target operating income 3. Understand how income taxes affect CVP analysis 4. Explain how managers use CVP analysis in decision making 5. Explain how sensitivity analysis helps managers cope with uncertainty 6. Use CVP analysis to plan variable and fixed costs 7. Apply CVP analysis to a company producing multiple
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The sector is expected to maintain its CAGR of ~15% while the premium segment Wine and Vodka is expected to grow at a higher rate. With consolidation and foreign acquisitions gaining steam the sector is about to witness next phase with realization rising in line with that of their foreign counterparts. There are 325 distilleries in India‚ with an installed capacity of about 3.58 billion litres of liquor. However‚ production rate is about 40% of total licensed capacity as total requirement of liquor
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Taxes in India are levied in India by the central government‚ state government and the local governing bodies like the Municipality and the Local Council. In a developing country like India‚ the government has to make fiscal policies to promote the economic growth and development of the country. In order to materialize these policies the government needs capital and for this taxes are levied from individuals and businesses. So it is very important that every citizen should pay tax to the government
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Should the government provide free treatment or not? Counter argument: The health is the most important thing in our life! All our abilities to do anything‚ earning money‚ mental‚ physical abilities all these reflect to our health. Nowadays‚ the population of Earth is increasing and in big overcrowded cities new types of health diseases have been appeared. And treatment of patients‚ maintenance of equipment and inventorying new medicines costs a lot of money‚ that is why medical treatment
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