Cost of new equipment $200‚000 Expected life of equipment in years 5 years Disposal value in 5 years $40‚000 Life production - number of cans 5‚500‚000 Annual production or purchase needs 1‚100‚000 Number of workers needed 3 Annual hours to be worked per employee 2000 hours Earnings per hour for employees $12.00 Annual health benefits per employee $2‚500 Other annual benefits per employee-% of wages 18% Cost of raw materials
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BTEC Applied Science Unit 1: Efficiency Worksheet Name____________ efficiency = ( 100 %) 1 What is the efficiency of a motor that turns 100 J of electrical energy into 70 J of useful kinetic energy? Give your answer as a decimal. 2 An electric winch is used to lift a load of mass 2 kg a height of 1.5 m. It uses 50 J of energy when it does this. i) Calculate the amount of potential energy gained by the load using the formula: Ep = mgh where Ep is the potential energy
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Differentiate between capitalism and socialism and indicate which of the two socio-economic systems is more appropriate for sustained growth and development INTRODUCTION 1. This essay shall bring out the difference between capitalism and socialism. In so doing‚ first‚ the terminologies used shall be defined and some quotes noted by early writers. The full differences between the two socio-economic systems will be discussed after which a more appropriate system will be selected and thereafter
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Question: What is entrepreneurship? Illustrate your answer with suitable examples from your home country. Nowadays‚ entrepreneurship places an important determinant of development in the society and regarded as the “rock stars” in the business world. According to Global Entrepreneurship Monitor (GEM)‚ entrepreneurship is defined as: ’any attempt to create a new business enterprise or to expand an existing business by an individual‚ a team of individuals or an established business’. It means
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Lepus Research Paper Many things in life are hard to explain and one thing is for sure‚ is that the stars are no exception. With such a vast population of what we can only make speculations about it seems that even from the dawn of time humans have had a certain profound respect and interest for stars. Many cultures have used the stars to explain where life was created and when life is over‚ where the soul finally rests. I myself have always had a personal interest in the stars. As a kid
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1) Financial management deals with 2 things‚ managing a company’s finances and: RAISING MONEY 2) Which of the following was not identified as 1 of the 4 main financial objectives of a firm? TIMELINESS 3) The 4 main financial objectives of a firm are: PROFITABILITY‚ LIQUIDITY‚ EFFICIENCY‚ STABILITY 4) Match the financial objective with the correct definition: STABILITY/ THE OVERALL HEALTH OF THE FINANCIAL STRUCTURE OF THE FIRM‚ PARTICULARLY AS IT RELATES TO ITS DEBT-TO-EQUITY RATIO
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Entrepreneurship and Innovation Management Master’s Thesis Serkan Ceylan Entrepreneurship and Innovation Management Master’s Thesis Serkan Ceylan ABSTRACT The purpose of this study is to analyse the problem that the companies do not use the potential of their employees on innovations and intrapreneurial processes. The source of innovation is usually the entrepreneur. These are individuals that come up with new ideas
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ENTREPRENEURSHIP IN THE CREATIVE INDUSTRY Branko Ćirić MBA[1] and Marko Trmčić[2]MA‚ Asst/Prof Snežana Trmčić PhD[3] Abstract Economies of developed countries rely heavily on small and medium enterprises‚ characterized by a high level of entrepreneurship. For that reason‚ governmental economic planners focus on creating an economic environment within all industries which will allow SMEs to develop easily and freely. However‚ entrepreneurship in Serbia and in most Western Balkan countries
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Emergence of entrepreneurship development program The reality of entrepreneurship education as a force in business schools began in the early 1970s. The University of Southern California launched the first Master of Business Administration‚ concentration in entrepreneurship in 1971‚ followed by the first undergraduate concentration in 1972. From there‚ the field of entrepreneurship began to take root. By the early 1980s‚ over 300 universities were reporting courses in entrepreneurship and small business
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Rural Entrepreneurship for Women: A Case for Wealth Creation by Africa’s Rural Poor amidst Global Financial and Economic Crises K M Baharul Islam1 Introduction: The growing emphasis on rural small and medium size entrepreneurship for economic development‚ especially in the context of poverty alleviation in developing countries has thrown up some major challenges for the commercial ventures led by women in global perspective. The position of women‚ even in the developing world‚ has been far from
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