work and the history of emergency services. It is important that we know the history that lead up to our current modern state. As we learn the history of emergency sservice we continue to make vital strides forward. I have learned many important things while taking this class. One of these things includes the fact that 73% of firefighting services are volunteer based‚ and that only 27% are career based. There are about 1.1 million firefighting services in the united states. This means that nearly 803
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“Entrepreneurs” “Entrepreneurship” “Startup Company” “Entrepreneurial Economics” Entrepreneur Key terms: * Entrepreneur * Social entrepreneur * Serial entrepreneur * Lifestyle entrepreneur * Treps Paraphrasing: Entrepreneur is a person who is willing to put his career and financial security on line with risk in name of new idea and spending time as well as money in new venture. Entrepreneurs have managerial skills‚ team building skills‚ problem solving skills‚ skills
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difficult to do so. There are also two main different types of mindsets: fixed and growth. A fixed mindset is described as understanding intelligence‚ talents‚ and abilities as static characteristics of an individual’s nature. People who adhere to a fixed mindset believe that these characteristics are not able to change or develop and thus consider themselves to be at their best at all times. Therefore‚ individuals with a fixed mindset attempt to appear as infallible in an effort to prolong cognitive
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superior to fixed rates in dealing with major shocks such as oil price increases? Explain why floating exchange rates did not produce a reduction in the US balance of payments deficit during the early 1980s? Describe the system that was developed to replace floating exchange rates. First we need to explain what fixed and floating exchange rates are. Fixed exchange rate regime is a regime in which central banks buy and sell their own currencies to keep their exchange rates fixed at a certain
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Generally‚ the term cost of production refers to the ‘money expenses’ incurred in the production of a commodity. But money expenses are not the only expenses incurred on the production of a commodity. There are number of services and inputs such as entrepreneurship‚ land‚ capital etc.‚ which are offered by an entrepreneur without changing any price or receiving any payment for them. While computing the total cost of production‚ allowance should be made for such expenses. It is therefore essential
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COST CONCEPTS AND COST ACCOUNTING By: Aman Jawahar Sarika Deepak Muneer CONTENTS Concept of Cost Cost Accounting Terms in Cost Accounting Elements of Cost Meaning of Overheads Classification of Costs Methods of Costing Types of Costing MEANING: Cost Concept: The term ‘cost’ means the amount of expenses [actual or notional] incurred on or attributable to specified thing or activity. Cost means ‘the price paid for something’. Cost Accounting: Cost Accounting is concerned with recording
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The Cost of Living between Ecuador and the United States The cost of living between Ecuador and the United States shows several differences‚ but this essay is going to focus on two of the most common ones. The first one is the rental price of an apartment and the second one is the cost of clothing and shoes. First‚ the rental price of an apartment of three bedrooms in Ecuador is around 500 dollars; on the other hand‚ this cost is much higher in the United States; actually‚ an American family
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Quality Cost 1 Quality is defined from the customer´s point of view l Performance l Performance or the primary operating characteristics of a product or service. Example: For a car‚ it is speed‚ handling‚ and acceleration. For a restaurant‚ it is good food. l Features l Features or the secondary characteristics of a product or service. Example: For a TV‚ it is an automatic tuner. For a restaurant‚ it is linen table cloths and napkins . l Reliability l Reliability
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PRINCIPLES OF COST CONTROL 1.1 Introduction Cost is important to all industry. Costs can be divided into two general classes; absolute costs and relative costs. Absolute cost measures the loss in value of assets. Relative cost involves a comparison between the chosen course of action and the course of action that was rejected. This cost of the alternative action - the action not taken - is often called the "opportunity cost". The accountant is primarily concerned with the absolute cost. However‚
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ICICI BANK INTEREST RATES FOR FIXED DEPOSITS Maturity Period Rates of Interest (% p.a.) w.e.f January 26‚ 2013 For deposit less than Rs. 1 crore General Senior Citizen ** 7 days to 14 days 4.50 5.00 15 days to 29 days 4.75 5.25 30 days to 45 days 5.50 6.00 46 days to 60 days 6.25 6.75 61 days to 289 days 7.00 7.50 290 days to less than 1 year 7.25 7.75 1 year to 389 days 7.50 8.00 390 days to less than 2 years 9.00 9.50 2 years to less than 5 years 8.75 9.50 5
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