There are benefits and drawbacks in increasing the size of operation of a business. The cost advantage is known as economies of scale. The cost disadvantage is known as disecomonies of scale. The benefits of large-scale business Economies of scale are the cost advantage from business expansion. As some firms grow in size their unit costs begin to fall because of: Purchasing economies when large businesses often receive a discount because they are buying in bulk. Marketing economies from spreading
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Social Structure a term loosely applied to any recurring pattern of social behaviour‚ or‚ more specifically‚ to ordered interrelationships between different elements of a society. Social structure comprises different kinship‚ religious‚ economic‚ political and other institutions as well as of norms‚ values and social roles of the members of a society. The development of the social structure in any society is historically conditioned. The social structure of Bangladesh‚ therefore‚ needs to be analysed
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Question 3 3.1 Highlights two advantages and two disadvantages for each of the following types of organizational structures: 3.1.1. Functional structures According T.N. Chhabra (2003:263)‚ functional structures directs the subordinates throughout the organization in his particular area of business operation. This means that subordinates receive orders and instructions not from one superior but from several functional specialists. In other words‚ the subordinates are accountable to different functional
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Reliability and Validity of the Rosenberg Self Esteem Scale Texas A&M University Psychology 203 Introduction The purpose of our study was to evaluate the reliability and validity of the Rosenber Self-Esteem scale scores. Reliability is simply whether the measurement tool you are using measures something consistently. For example does the same test show the same results when administered repeatedly. Validity is the aspect of a measuring tool that signifies its measuring what it says it does
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Post-Tensioned Slabs By Dr Stephen L Kajewski1 Abstract: Formwork and the associated shoring represent a significant proportion of the costs associated with the construction of multi-level concrete structures. To minimize these costs‚ a limited number of formwork and shoring sets are recycled up the structure as construction progresses‚ eliminating the need for a new set of formwork and shoring with each new slab. When a slab is post-tensioned using draped tendons‚ slab lift occurs as a portion of the
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Ha Noi‚ 03/04/2012 . Table of contents: ---&&&--- Unit 1: Company Structure 3 Unit 2: Management and cultural diversity 6 Unit 3: Marketing 8 Unit 4: Pricing 11 Unit 5: Arbitration 17 Unit 6: International Trade 20 Unit 7: Banking 24 Unit 8: Financing International Trade 28 Unit 9: Financial Statements 30 Unit 10: M&As ( Mergers and Acquisitions)……………………………………33 Unit 1: Company structure I. EXERCISES: 1. Before you read: a. Volcabulary: 1
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Choose to write a 2 to 3 page paper addressing ONE of these two questions. Your paper should be typed‚ double-spaced with 1 inch margins‚ Times New Roman font. Cite your sources using APA format. This assignment is worth 100 points. You must use a minimum of 3 primary and 3 secondary sources in your paper. If you are unclear on this‚ please check with me. See last pages for rubric for the assignment. 1. Analyze the effectiveness of Progressive Era reformers in addressing problems of
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organisational structure 1. Hierachial structure 2. Flat structure The main hieranchial structure has many layers of management and at times this can cause information to be lost or changed while passing to one person to another. This type of structure is like a wise based triangle and every person in it has a line manager who is responsible for the work done by him‚ this makes communication slow and getting things done takes a great deal of effort‚ modern companies use a flatter structure where
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Compiled by: Mirza Rohail B http://economicpakistan.wordpress.com/2008/01/27/large-scale-manufacturing/ The manufacturing sector grew at an average rate of 8 percent from the sixties to the eighties‚ but fell to 3.9 percent during the nineties. This was mainly caused by reduction in investment levels due to lack of continuity and consistency in policies. Political instability law and order position in the major industrial centers‚ transport bottlenecks‚ as well as unreliability and inadequate
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airplanes‚ and wars. However‚ governments sometimes actually spread information about others to convince the population to support their ideas. As a first example‚ let’s take how the American president Woodrow Wilson could get the population’s support to enter in the World War I. Up to 1916‚ Wilson kept the U.S out of the war in a spirit of friendliness and impartiality‚ and he even made offers to mediate some conflicts‚ however‚ some “incidents” led to a change of mind. In 1915‚ Americans were dead in some
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