Murzakarimova Balzhan Management 343 Q1.6 Which concept—the business profit concept or the economic profit concept—provides the more appropriate basis for evaluating business operations? Why? Businesses i know are there to maximize profit and minimize cost.On this basis‚i think the business profit concept is the most appropriate basis for evaluating business operations because banks‚lenders or creditors will the creditworthiness of such business if loan or any other facility has been advanced
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Chapter 3 3-1. Concert Opportunity Cost You won a free ticket to see a Brice Springsteen concert ( assume the ticket has no resale value). U2 has a concert the same night‚ and this represents your next best alternative activity. Tickets to the U2 concert cost $80‚ and on any particular day‚ you would be willing to pay up to $100 to see this band. Assume that there are no additional costs of seeing either show. Based on the information presented here‚ what is the opportunity cost of seeing
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different source is used‚ identify your reference (title‚ author‚ edition‚ page‚ web page‚ date) as a footnote. Copy and paste are not allowed. Show how you obtained your final result. Take into account the due date for submitting assignments. 1. When do we say that two commodities are complements or substitutes? 2. 2. When do we classify goods as normal or inferior? According to information obtained http://www.amosweb.com page and using the example of cable television is: “The alternative
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LECTURE 7: ANGER ANGER OR EXASPERATION: Anger is a general and conventional commotion with a huge range of intensity‚ from mild irritation and frustration to rage. It is a counteraction to a perceived threat to ourselves‚ whom we love‚ things which we own‚ our self-image‚ or some part of self identity. Anger is an alarming bell that tells us that something is wrong. COMPONENTS OF ANGER: Anger has three components: * Physical reactions‚ usually starting with a rush of adrenaline and responses
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QUESTION 1: Angel plc is a listed industrial business and is considering a major investment. The investment projects team needs an appropriate rate at which to discount the estimated after-tax cash flow for the investment. Following the business’s normal practice‚ this is to be based on the weighted average cost of capital (WACC). Figures‚ relating to long-term financing‚ included in the business’s most recent balance sheet are: £m Ordinary shares of £0.50 each (160 million) 80 Share
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05 MBA 12 Managerial economics No. of Lecture Hrs / Week : 04 Total No. of Lecture Hrs : 56 MODULE 1 IA Marks : 50 Exam Hours : 3 Hours Exam Marks : 100 7 HOURS Introduction of Economics: Managerial Economics – Nature‚ Scope & Significance‚ Role of Managerial Economist in decision-making – Relationship of Managerial Economics with functional areas of business MODULE 2 7 HOURS Fundamental Principles/Concepts of Managerial Economics: Opportunity Costs‚ Incremental‚ Time perspective
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BIN YAHYA 2011307109 MOHD IKHWAN BIN AZIZ 2011100565 HAMDAN BIN A.WAHAB 2011986143 EXECUTIVE MASTER IN BUSINESS ADMINISTRATION FACULTY OF BUSINESS MANAGEMENT UNIVERSITI TEKNOLOGI MARA CAMPUS DUNGUN TERENGGANU Dec 2013 Question 1 How has the implementation of NAFTA affected Walmart’s success in Mexico? The North American Free Trade created in 1994 affected Wal -Mart`s success in Mexico in three specific ways. Wal-Mart had a marketing campaign where it offered “Every
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Question 1 : Inflation is a global Phenomenon which is associated with high price causes decline in the value for money. It exists when the amount of money in the country is in excess of the physical volume of goods and services. Explain the reasons for this monetary phenomenon. Define Inflation Ans :- Inflation is the percentage change in the value of the Wholesale Price Index (WPI) on a year-on year basis. It effectively measures the change in the prices of a basket of goods and services in
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MS- 09: MANAGERIAL ECONOMICS ASSIGNMENT Course Code : MS- 09 Course Title : Managerial Economics Assignment Code : 9/TMA/SEM-II/2010 Coverage : All Blocks Attempt All the Questions. “A close relationship between management and economics has led to the development of managerial economics.” Explain this statement. BOOK NO 1 PAGE NO. 7 Managerial Economics consists of the use of economic modes of thought to analyse business situation Spencer and Siegelman have
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FALL SESSION – 2014 MASTER OF BUSINESS ADMINISTRATION- SEMESTER 1 ROLL No. : 1408000472 Nitin Baban Borkar MB 0042: Managerial Economics Q.1. Inflation is a global Phenomenon which is associated with high price causes decline in the value for money. It exists when the amount of money in the country is in excess of the physical volume of goods and services. Explain the reasons for this monetary phenomenon. Ans: Inflation is commonly understood as a situation of substantial and rapid increase
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