A. FIRM AND ITS OBJECTIVE: Conventional theory of firm assumes profit maximization is the sole objective of business firms. But recent researches on this issue reveal that the objectives the firms pursue are more than one. Some important objectives‚ other than profit maximization are: (a) Maximization of the sales revenue (b) Maximization of firm’s growth rate (c) Maximization of Managers utility function (d) Making satisfactory rate of Profit (e) Long run Survival of the firm (f) Entry-prevention
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Nowadays is very common to find young people consuming alcohol and smoking on parties‚ but why it is so common to find teenagers consuming alcohol?‚ knowing that is dangerous for their health‚ because we are talking about addictions.There are many factors that can lead to teenagers to consume alcohol and smoking cigarretes and other things like marijuana‚ but‚ the most common factors are: curiosity‚ peer pressure‚ low self esteem‚ family lifestyle and of course the mass media. In our point of view
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In my opinion I think people use social networking because it saves them a lot time. In my Computer and Social Change 309 class we surveyed hundred and forty two people. Our result showed that the number one reason for people using social networking was for Connecting with Friends and Family with ninety six percent of the votes. Coming in second was entertainment with eighty-three percent votes which was followed by raising social awareness with thirty-four percent. Next was making
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Misconception #1: All locksmiths use the same products. No. Just like everything else in the world - there are good products and there are bad products. There are excellent‚ precision locks and there are low-grade locks. You get what you pay for. If you pay for quality locks you will get quality performance. If you cut corners and use cheap locks‚ they will probably not last very long and will perform poorly if attacked. Misconception #2: All locksmiths give you the same service. No. There are
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as well. There are different ways that people can do this‚ but one of the easier methods is by using fluoride. Fluoride is commonly known for preventing dental caries and also helping with strengthening bone. There has always been a controversy that fluoride is extremely bad for the body and that it should not be allowed to be in public water. Besides water‚ fluoride is also found in food and beverages‚ known as a form of systemic fluoride that many people also believe is problematic. Toothpastes and
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Economics of Sports Prof. Enz 4/5/13 Why do so many professional athletes go broke after retirement? After watching ESPN’s 30 for 30‚ Broke‚ my mind starting pondering this question of why and how so many professional athletes are blowing through the millions they make while playing their specific sport? It is amazing that someone can spend that much money so quickly. What are they buying and who are they buying things for? Where are they spending it? Where do they go wrong? When did this trend
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childrearing‚ in which each caregiver uses only one language with the child and parents refrain from using two languages in the same conversation. However‚ research indicates that the ability to switch back and forth between languages‚ sometimes called code-switching‚ is a sign of mastery of two linguistic systems‚ not a sign of language confusion‚ and that children as young as 2 are able to code-switch in socially appropriate ways (Lanza‚ 1992). Research also shows that many normally developing bilingual
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Written Assignment 5 Pricing Strategies One of the four major elements of the marketing mix is price. Pricing is an important strategic issue because it is related to product positioning. Pricing also affects other marketing mix elements as well‚ such as product features‚ channel decisions‚ and promotion. A pricing strategy is a course of action designed to achieve pricing objectives. This strategy helps marketers set prices. There are many ways to price a product. The following‚ figure
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Why do many find science concepts so difficult to learn? Evaluate theory and research that seeks to account for this‚ and also consider research that has sought to address this problem at the level of classroom instruction. Measuring science learning What would successful learning of science concepts look like? How do we know that science concepts are ‘difficult to learn’? Although the research literature often fails to articulate this position‚ research measurements suggest that learners
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few games. Unlike adults who be destined to formulate most flesh in their body‚ the weight is far greater. You will obtain a wounded playing football‚ that is just how you play the game. In the past‚ the sports equipment that the footballers have to use are creating more problems than solving them. The players believe that just because they have the equipment‚ that it will shield them from anything. In reality the players are still going to receive an exceptional amount of pain from the impact. For
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