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
Premium Management Marketing Million
Officers should be taught that the lives of civilians are in their hands and they need to take extra precautions. A plan should be thought of in which these guidelines are taught to officers better and have them understanding the importance of each. Officers may be in situations in which they are left to think quick but officers should always think about the lives of the civilians they have sworn to protect. A great way to start is to ensure that the right people are hired as law enforcement officers
Premium Police Police officer Constable
Religious Attitudes to the Elderly and Death Questions 1. What is ageism (1 mark) 2. Explain two reasons why some religious believers think that the elderly should be cared for by their families (4marks) 3. ‘Religion provides support for the elderly’ What do you think? Explain your opinion. (3 marks) 4. Hospices care for the dying and support their families. Explain religious attitudes towards hospices. (4 marks) 5. ‘People should not be kept alive by artificial means’ Do you agree? Give reasons
Premium Death Religion Life
Impact of Language on Critical Thinking and Decision Making For thousands of years‚ we human beings have used language. Today‚ there are hundreds of languages throughout the world that help people communicate (Carrol‚ 2004). Language has an important impact on our lives including how we think and how we decide. Language also impacts how we critically analyze information It also affects how we make our decisions. Language is an important impact on critical thinking. Words can arouse feelings. They
Premium Thought Critical thinking Reasoning
Great posts. You both make valid points on how best to make the ethical decisions for the hospital. As mentioned nonaleficence would be the ethic principal that should govern the decision process. Floating the nurse my not initially present as a valid option however looking at the situation from a financial aspect the hospital must consider how to best maintain and keep the patient safe with balancing how to continue to keep the hospital running. The hospital is in a financial crisis and is unable
Premium Health care Health care provider Patient
Relationship Between Critical Thinking and Decision Making In the corporate environment critical decisions must be made‚ sometimes quickly‚ whether because of changes in market conditions‚ corporate profits‚ or corporate performances. The decision-making process is vital to good management in today’s work environment. This paper will examine the relationship between critical thinking and the decision making process‚ explain what the textbook authors believe‚ and relate how both apply to today’s
Free Critical thinking Problem solving Decision making
VIBRATION MEASUREMENT In some practical situations‚ it might be difficult to develop a mathematical model of the system and predict its vibration characteristics through an analytical study. In such cases‚ we can use experimental methods to measure the vibration response of the system to a known input. This helps in identifying the system in terms of its mass‚ stiffness‚ and damping. In practice the measurement of vibration becomes necessary for the following reasons: 1. The increasing demands
Premium Measurement Wave Velocity
Gladden had‚ nor the fighting ability the Hartvigsen’s possessed‚ or the battle strategy the Dorians were know for‚ it’s leader was the best at political manipulation. He’d pave his way to the throne using subterfuge and shadows; the Tyberium name had some of the best spies at its disposal‚ along with calculated diplomats. There was no doubt it took years of sacrifice‚ but King Geralt found himself sitting on the throne now without conflict at his door. Peace washed over the nations weary of further
Premium
have relevant qualifications to fill jobs in an organization. • Purpose of Selection: The basic purpose is to choose the individual who can most successfully perform the job‚ from the pool of qualified candidates. The Important of Recruiting and Selecting Salespeople: • Recruitment and selection are the most challenging and important responsibilities of sales management. • The recruitment and selection of a sales force often is the key to success for an organization. A successful sales team leads
Premium Sales
SMALL SCALE INDUSTRY INTRODUCTION The definition for small-scale industrial undertakings has changed over time. Initially they were classified into two categories- those using power with less than 50 employees and those not using power with the employee strength being more than 50 but less than 100. However the capital resources invested on plant and machinery buildings have been the primary criteria to differentiate the small-scale industries from the large and medium scale industries. An
Premium Industry Venture capital Finance