Economies and diseconomies of scale Economies of scale are advantages that arise for a firm because of its larger size‚ or scale of operation. These advantages translate into lower unit costs (or improved (productive efficiency)‚ although some economies of scale are not so easy to quantify. The main kinds of Economies of Scale are: Bulk- Wholesale is selling goods in tremendous quantities at a low unit price to retail merchants. The wholesaler will accept a slightly lower sales price for each unit
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Small-Scale Industries in the Globalization Era: The case of Jordan Basem M. Lozi‚ Assistance Professor‚ Al-Balqa Applied University‚ basem_lozi@yahoo.com Abstract The research examines the role of SSI in the economic development of Jordan by showing the effects of the SSI on the unemployment rate‚ production‚ and sales. The research concludes with policy recommendations to ensure the sustained and competitive growth of small-scale industries in Jordan. The results of the study show that the growth
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Geologic Time Scale Introduction Understanding geologic time is critical to relating events in Earth’s history to those of today. Scientists use several forms of the geologic time scale to classify the age of objects and to become familiar with other events occurring simultaneously. In this lesson you will: · Examine how the geologic time scale summarizes Earth’s history · Analyze physical and biological changes that have occurred over time · Identify major events that occurred in geologic
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Sydney nursing school INTRODUCTION: Pressure ulcers are areas of localised damage to the skin and underlying tissue caused by pressure. (Stechmiller et al.‚ 2008) Pressure ulcers still one of the most significant health problem in our hospitals today‚ It affects on patients quality of life patient self-image and how long they will stay in hospital then the cost of patient treatment . Moore (2005) estimate that it costs a quarter of a million euro’s per annum to manage pressure ulcers in
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JOCHELLE GILINA G. LONTOC 2011 – 48789 AGRI 111 CD – 4L SMALL-SCALE FARMS CAN PROVIDE OUR COUNTRY SAFE AND NUTRITONAL FOODS DESPITE THE CHALLENGES THEY FACE Small-scale agriculture or small-scale farming is the growing and producing crops and livestock on a small-piece of traditional lands and smallholdings on the border of urban areas without using highly developed and high-priced technologies. This type of farming is characterised by intensive labour and in animal tethering‚ minimal use of
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AND SCOPE OF SCALE 2 r r r r r r r r r r r r r r r r r r r r r r r r r rr ew concepts in microeconomics‚ if any‚ are more fundamental to business strategy than economies of scale and the closely related economies of scope. Economies of scale allow some firms to achieve a cost advantage over their rivals. Economies of scale are a key determinant of market structure and entry. Even the internal organization of a firm can be affected by the importance of realizing scale economies. We mostly
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Ryan‚ Bernard / FIELD METHODS TECHNIQUES 10.1177/1525822X02239569 TO IDENTIFY THEMES ARTICLE Techniques to Identify Themes GERY W. RYAN RAND Health H. RUSSELL BERNARD University of Florida Theme identification is one of the most fundamental tasks in qualitative research. It also is one of the most mysterious. Explicit descriptions of theme discovery are rarely found in articles and reports‚ and when they are‚ they are often relegated to appendices or footnotes. Techniques are shared
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organization. The functional structure provides employees‚ as well as their appropriate departments‚ with a clear objective and purpose for their work. In other words‚ employees within a marketing department know that their job is marketing and‚ as a result‚ those employees can focus on improving their marketing work and even specialize in a specific area of marketing. On the other hand‚ functional structure can create divisions between departments if a conflict develops between departments. Divisional Structure
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higher its ranking. Market capitalization is the total value of the tradable shares of a publicly traded company. The formula of market cap is: share price multiplied by the number of shares outstanding. The table of 50 largest Philippine companies below shows for each company: the rank in 2012‚ main industry/sector‚ and the market capitalization. The Philippine currency is converted into US dollar (1 US$ = PhP43). A ranking such as this which is based on market capitalization presents a forward-looking
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• First‚ let us group the industries – several groups with broadly similar attributes : • Financial Industry o Commercial Banking Identify the Industry • Retail Industry o Retail Grocery Store • High-technology industries o Computer Software o Pharmaceutical Preparations o Semiconductor Manufacturer • Service Industry • • • • • IT Service Provider Mobile phone service provider Commercial airline Integrated Oil and Gas Liquor producer and distributor • Capital
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