join the joint venture or not. Profit maximisation Profit maximisation is the process by which a firm determines the price and output level that returns the greatest profit. There are several approaches to this problem. The total revenue - total cost method relies on the fact that profit equals revenue minus cost‚ and the marginal revenue - marginal cost method is based on the fact that total profit in a perfectly competitive market reaches its maximum point where marginal revenue equals marginal
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Reading books which are related to real events‚ real people‚ and established facts brings about more knowledge‚ information and news. It is beneficial to learn how the knowledge is available. People have to read these books for studying‚ research‚ improving their brainstorm‚ or being about their career fields. However‚ reading other books leads people to get advantage as well. In my opinion‚ I strongly disagree with this idea. I am going to explain my reasons. Firstly‚ there are various kinds
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Is ABC suitable for your company? --Using Estrin‚ Kantor and Albers’ contingency grid‚ If an organization’s score puts it in Quadrant three‚ Is ABC implementation recommended? Explain. Is their method "foolproof?" Abstract Nowadays‚ we know that activity based costing system assigns overhead costs to products or services products that using a two-stage process‚ which focuses on activities. ABC is a relatively new and very important topic in managerial accounting. ABC allows us to find a way
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In the article of “Some Languages are harder than others”‚ the writer tried to compare different languages to show their linguistic simplicity. The writer concluded that “some languages appear to be harder than others‚ but it is hard to explain exactly how and to what extent” (page 56 line 36 and page 57 lines 1-2). It is because the writer claimed that “simplicity in one part of the language may be balanced by complexity in another part” (page 56 lines 16-17). Although the writer used different
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Corporations are only accountable to shareholders. They do not have social responsibilities. Corporations are only accountable to shareholders. They do not have social responsibilities. Before commencement on making my stand in this topic‚ a clear definition of the aspects of this topic is essential. Firstly‚ a corporation can be define as a legal entity or structure created under authority of the laws of a state‚ consisting of a person or group of persons who become shareholders (All business 2010). Also
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Bottom Trawling Imagine a coral reef‚ filled with life‚ being demolished to just bits and pieces. Unfortunantly‚ this is what happens with bottom trawling. Bottom trawling is a major issue because it damages the eco-system and it kills much more than needed. To begin‚ the destruction of bottom trawling is severe. In the process‚ a 5 ton net with weights is trailed along the ocean floor; destroying everything in its path. Fish are swept into this net and coral is completely turned into dust
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one who is able to manage the diversity in their very own companies. No matter who are the workers‚ what is their race‚ religion‚ and so forth‚ they still manage to have a very good rapport and relationship in the circle of the organizations. Regardless of their languages or beliefs‚ they tend to complete one task magnificently. To make it short‚ this diversity lies in their cultural intelligence‚ or CQ. Therefore‚ for the 21st Century business leader to succeed in a competitive cross-border environment
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produce testosterone naturally‚ while women produce both estrogen and testosterone. Howbeit‚ some men experience low libido. Nevertheless‚ male enhancement supplements like testosterone boosters are said to provide great compensation in this area. In other words‚ male enhancement supplements allow men to experience an increase in their testosterone levels and sexual performance. Hundreds of testosterone boosters are readily available; however‚ not all of them are safe to use‚ nor are they beneficial or
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Outcome research refers to a branch of public health which looks into the end results of the structure as well as the processes of the healthcare system and the wellbeing and the health of the patients and the populations at large. The outcome research usually assists in the gaining of an understanding of the end results of certain healthcare interventions and practices (Johns Hopkins University‚ 2017). The end results of an outcome research include issues such as the effects that the people tends
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Running Head: IGNORANCE WHILE DRIVING 1 Ignorance while Driving Nicole Vanross Strayer University Savannah‚GA IGNORANCE WHILE DRIVING 2 Many of today’s accidents occur because people tend to act ignorant‚ and do things they are not suppose to do while driving. Driving is a special privilege and skill‚ which includes
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