[pic][pic] [pic] Economics of Adidas by Georgi Kolev Sem03 2011 Table of Contents: 1. Traditional organization forms of a company and kinds of risks involved in each of the different forms. 3 2. Factors in the economic environment influencing the business of Adidas© 4 3. Adidas© and Porter’s 5 Forces model. 5 -3.1 Major factors from each force and how they influence the industry. 5 1. Traditional organization forms of a company and kinds of risks involved in each of
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might stay out of it‚ leaving the economic system- structure of methods and principles that a society uses to produce and distribute goods and services- to be determined by the combined decisions of millions of individual people. Economic system is defined as how a society chooses to produce‚ distribute‚ and consume goods and services. Since resources are scarce and not always available each society must determine three important factors when determining their economic system. These factors are how the
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Meaning Scope Features Uses Limitations Post : Gaurav Akrani Date : 11/10/2010 08:36:00 PM IST No Comments Labels : Economics‚ Study Notes Study of Economics - Micro & Macro Economics The study of economics is divided by the modern economists into two parts viz. Micro economics and Macro economics. This division is shown in the figure / chart above. Micro economics and Macro economics‚ both the terms were used in 1933 by Prof. Ragnar Frisch from Oslo University of Norway. The word micro has been
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TOPIC 1: INTRODUCTION TO ECONOMICS Chapter 1: What is Economics about? 1.1 • Economic Problem: how a society can satisfy the unlimited wants with the limited resources available. • Opportunity Cost: represents the cost of satisfying one want over an alternative want. Also known as economic cost/real cost. • Wants: are the material desires of individuals or the community. They provide utility/satisfaction/pleasure when consumed. ○ Needs: are wants‚ but are basic necessities
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Economics Samantha Fyffe Stevens-Henager College It is important to learn economics because many of us don’t realize that the things happening around us are part of economics. Some of the simple things that go on in our daily lives are just things like; The Principles of Economics‚ Supply and Demand‚ or Market Efficiency. With economics we learn to put a name and a deeper meaning to these things. I will explain these things as well as my experiences with them in this paper. Principles of
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School of Business Administration & Accountancy General Luna Road‚ Baguio City Philippines 2600 VISION In pursuit of perfection‚ the University of Baguio is committed to provide balanced quality education by nurturing academic excellence‚ relevant social skills and ethical values in a fun-learning environment. MISSION The University of Baguio educates individuals to be empowered professionals in the global community. INSTITUTIONAL
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Chapter2:Economic sustainability Blackground of Swire Coca-Cola HK Swire Coca-Cola Hong Kong Limited (Swire Coca-Cola HK Ltd.) In Hong Kong has the franchise of Coca-Cola and the Coca-Cola brand products. Swire Coca-Cola Hong Kong ’s major soft drink manufacturer. The company employs nearly fourteen hundred employees‚ operate 17 production lines‚ the annual production of more than 60 million cases of drinks. In addition to Coca-Cola‚ the company also produces Coke Zero‚ Diet Coke‚ Vanilla Coke
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Profit Maximiser MR = MC An industry can be defined from two criteria: - similarity of products - similarity of economic activities A Sport industry can be defined as a cluster of firms that: - produce sport activities - provide products and services - trade and sell products Meeks ‘3-Sector’ Model of the sport industry: Sector #1: Sports Entertainment Sector #2: Sports Products Sector #3: Sports Support Organisations Li‚ Hofacre and Mahoneys ‘2-Sector’ Model of the sport industry:
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which he has to suffer punishment. Motivating subordinates is an act on the part or superiors to energise the will and prompt action of their subordinates towards doing their job well. It is influencing their behavior so that they work as expected. The process of motivating subordinates is means to get the work done by them. In making the subordinates to do what their superior wants them to do‚ he can either force them‚ using his authority‚ or can create positive conditions for the satisfaction
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Production Possibilities Frontier o The Economic Problem of Scarcity o Choice o Opportunity Cost Production o Introduction to Production o The Factors of Production The Production Possibilities Frontier o Introduction to Production Possibilities Frontier (PPF) o Assumptions of the Production Possibilities Frontier o Characteristics of the Production Possibilities Frontier(Summary) The Economic Problem of Scarcity The fundamental problem of economics is that we have unlimited wants‚ but
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