What are the factors that contribute to a good movie? In today’s modern globalization era‚ people nowadays tend to spent most of their leisure time pleasuring and indulging themselves in watching movies and films. Approximately 80 to 90 movies were produce simultaneously by the film-makers industry every month around the globe. There are outrageously tons of different kinds of movies we can name in the film industry today‚ mainly Hollywood‚ Bollywood‚ Kollywood‚ Tollywood and other ‘-woods’ we can
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Labour is the human element in the production process. It is the intellectual and physical effort of people in production. The labour market is a factor market where the demand and supply of labour interact to determine the wage rate and the allocation of labour resources in the economy. The demand for labour is derived form the demand for the goods and services that labour is used to produce. The demand for labour is influenced by the level of economic activity‚ the productivity of labour and relative
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Chapter 10 (Tentative Due Date: by November 1) Question 2: Discuss the major barriers to entry into an industry. Explain how each barrier can foster either monopoly or oligopoly. Which barriers‚ if any‚ do you feel give rise to monopoly that is socially justifiable? LO1 The major barriers to entry in an industry are economies of scale‚ legal barriers such as patents & licenses and other strategic or pricing barriers. Economies of scale occur only in large firms who are able to reach a minimum
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(1997)‚ Market share is the ratio of the firm’s sales revenues or unit sales to those of the industry (competitors plus the firm itself). Companies often pursue a market share objectives when industry sales are flat or declining and they want to get a larger share. Anheuser Busch has adopted these objectives in the brewing industry. According to August A. Busch III‚ the company’s chief executive officer “we want 50 percent of the (beer) market in the mid-1990s” Although increased market share is
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Aggregate Market Factors Aggregate factors are important indicators of the attractiveness of a product category. A. Size The market size is defined through the market volume and the market potential. The market volume exhibits the totality of all realized sales volume of a special market. The volume is therefore dependent on the quantity of consumers and their ordinary demand. Market volume is
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Monopolies‚ Oligopolies and the Economy Monopoly is a term to describe an industry where a seller of a product or service does not have a competitor offering a close substitute. The word is derived from the Greek words monos (meaning one) and polein (meaning to sell). Rarely does a pure monopoly exist. In a pure monopoly there is only one company making and selling the item in question; however there can also be the situation where there is one company who has the bulk of sales and the other
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A NOTE ON BILATERAL MONOPOLY(Refer Graph) 1. If there are competition at all stages‚ the solution is Xc Pc. 2. A monopsonist buyer who is also a monopolist seller of the product using input X: The monopsony power shows up in his operating on the curve marginal to the supply curve Sc‚ because his decision to buy one more unit makes the price of inputs rise. The impact of the decision to buy one more unit of X is the sum of two components: one‚ the new higher price on the additional unit which
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Vinzent Karger‚ K-3577 University of Warsaw What were the causes of Apple’s on PC market in 80s and 90s? Apple Computer took the world by storm in 1977 with the first successful personal computer‚ the Apple II. The II was not only the first successful personal computer‚ it was the first successful computer to have a keyboard and monitor‚ a form which has come to be synonymous with "computer" to many. The II sold millions of units‚ making Apple a billion dollar company. But by the mid 90’s
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What Causes Truancy? The reason a student misses school will for different depending on the age and circumstances of each student. Sometimes a student will skip school because they feel unsafe at school or on their way to or from school. Other students may miss school because of family issues‚ financial demands‚ substance abuse‚ or mental health problems. Factors contributing to truancy commonly stem from three core areas: school‚ family and community. Innate student characteristics and their
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Checklist for Cause and Effect Essay 1. Have I identified the cause or effect I am analyzing in my thesis? I feel that I have identified the cause and effect of insomnia and how it effects mental health in my thesis. The idea was to explore the causes of insomnia and how it effects a person’s behaviors and way of thought. 2. Have I explained the cause-and-effect relationship convincingly? I believe so yes. I feel that after going over the different causes of insomnia I touched on what it can do
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