as follows: 1. Economic Objectives: Business is basically an economic activity. Therefore‚ its primary objectives are economic in nature. The main economic objectives of business are as follows: (i) Earning profits: A business enterprise is established for earning some income. It is the hope of earning profits that inspires people to start business. Profit is essential for the survival of every business unit. Just as a person cannot live without food‚ a business firm cannot survive without profit
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and certain ruthlessness. In these black kids’ young minds‚ since imposing such traits is the only way to survive and gain respect‚ they fear less about going to jail. In fact‚ some of them even consider going to jail as proving their manhood and earning the respect from the hood. That way‚ nobody will attempt to threaten him. For such reasons‚ gunshots occur in the inner city. In the end‚ the book talks about how these people also have competing consciousness. Many times‚ as they grow up‚ they
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the operation is likely to need to meet the forecast demand‚ both in the long and the short term. 3. Control the use of that capacity. This involves the allocation of people‚ equipment and other resources to the various work tasks to ensure the smooth running of the operation in the short term. There is a number of benefits that Whirlpool foreseen to gain‚ from the introduction of an ERP system‚ in various tangible and intangible areas. Observable tangible benefits come from lowering costs
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statement goals and sustain the health of our perspective communities. Of the professions that I will be discussing‚ I will begin with medical assisting. After earning an Associates in Medical Assisting‚ it will be up to you to perform administrative and clinical tasks within the medical treatment facility you have been hired in to ensure smooth functionality of your assigned area of operations. You can be hired to work within a hospital‚ clinic or private doctor’s office and work within a variety of
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Tiffany & Company Tiffany has decided to sell direct in Japan as opposed to selling wholesale to Mitsukoshi and Mitsukoshi selling to the public. In this agreement Tiffany will give Mitsukoshi 27% of net retail sales in exchange for providing the boutique facilities‚ sales staff‚ collection of receivables‚ and security for store inventory. This new agreement exposes Tiffany to the fluctuation in the yen-dollar exchange rate. Therefore‚ they are considering two basic hedging alternatives to
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$320‚000; and an unrealized holding gain on available-for-sale securities $15‚000. Prepare a statement of comprehensive income‚ using the two-income statement format. Ignore income taxes and earnings per share. Presented below is information related to Dickinson Company for 2012. | Retained earnings balance‚ January 1‚ 2012 | $980‚000 | | Sales for the year | 25‚000‚000 | | Cost of goods sold | 16‚000‚000 | | Interest revenue | 70‚000 | | Selling and administrative expenses
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the environment than the alternative that was available to us‚ Exhibit 6‚ which assumes a 0% inflation rate. Step One: Determine Free Cash Flow for the Foreseeable Future Free Cash Flow Analysis | 1980 | 1981 | 1982 | 1983 | 1984 | 1985 | 1986 | Earnings Before Interest‚ After Tax | 0 | (189) | 2‚152 | 3‚702 | 4‚233 | 4‚829 | 5‚493 | + Depreciation | 0 | 833 | 787 | 758 | 746 | 748 | 764 | - Change in Net Working Cap | (2‚935) | (2‚803) | (5‚712) | (3‚627) | (1‚935) | (2‚197) | (2
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AGRICULTURE ECONOMICS… INTRODUCTION What is agriculture Economics? Agriculture Economics also called ‘Agronomics’ is a branch of economics that specifically dealt with land usage. It focused on maximizing the crop yield while maintaining a good soil ecosystem. But today Agronomics is a broader concept. Along with crop harvesting and commodities produced by farming‚ Agriculture economics plays a vital role in the economics of development. It includes both science and commerce. HISTORY OF AGRICULTURE
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time of this scandal it reported around USD 2 billion in revenues. ‘Satyam’ meaning ‘truth’ in Sanskrit‚ is today more related to this scandal. The scandal in brief is about how its promoter and chairman resorted to fudging the accounts to overstate earnings (by about 1.5 billion dollars USD‚ over a long period of time) in order to purportedly retain investor confidence and ostensibly retain control of the company in which he did not have a controlling stake. This scandal was affected (supposedly
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Products‚ Inc.‚ was disturbed by what she had discovered about the standard costs at the Home Security Division. In looking over the past several years of quarterly earnings reports at the Home Security Division‚ she noticed that the first-quarter earnings were always poor‚ the second-quarter earnings were slightly better‚ the third-quarter earnings were again slightly better‚ and the fourth quarter always ended with a spectacular performance in which the Home Security Division managed to meet or exceed
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