Q4) what are the advantages and disadvantages to a firm of operating on a large scale? Economies of scale fall under microeconomics and are the cost advantages a business obtains due to expansion. As scale is increased they cause a producers average cost per unit to fall. Microeconomics (from Greek prefix micro- meaning "small" and "economics") is a branch of economics in which you study the behaviour of how the individual firms make decisions to allocate limited resources. Normally‚ it applies
Premium Strategic management Management Marketing
Should you fire Bhandari to reduce operating expenses? Personally‚ I do not think that Bhandari must be fired‚ there are many ways how a company can reduce cost‚ the management have to evaluate different ways to reduce costs as for example‚ re set the operation plan to adjust it to the new budget as reduce hours of work‚ eliminate or minimize work on Saturdays or Sundays‚ eliminate payment of overtime hours‚ also the management should meet with the personnel to let them know that the company
Premium Employment Operating expense Termination of employment
other links in the lower portion of the screen to open up for the details. For the Fedora 13 computers: - Go to the System Monitor (to open this go to Applications‚ point to System Tools‚ then click Stem Monitor) o On the System tab you will see the Operating System and hardware summary. o Under the Processes tab‚ this will review the processes most active. To see the most active processes click on the % CPU button until the chevron points up o For graphs of the usage to the Resources tab. o The tab
Premium Graphical user interface Windows 7 Windows Vista
such as: pursuing fair profits and indicating duties provide equal wages for the employees. Prescriptive ethics is to direct multinational managers what they should and should not do. However‚ Chapter 1 in the text “Royal Dutch Shell in Nigeria: Operating in a Fragile State‚” will provide information and recommendations pertaining many challenges that Royal Dutch Petroleum and Shell Transport and Trading. Subsequently‚ the analysis will discuss Shell’s operations in Nigeria more at risk and simultaneously
Premium Royal Dutch Shell Netherlands Petroleum
Hong Kong’s Experience in Operating the Currency Board System Priscilla Chiu Hong Kong Monetary Authority I. INTRODUCTION When Hong Kong revived the currency board arrangements in October 1983‚ it faced a financial world that was vastly different from that earlier in the century when currency boards flourished in British colonies and protectorates.1 Bank deposits had taken over currency notes as the predominant medium of exchange. Capital mobility had been significantly enhanced:
Premium Monetary policy Foreign exchange market Currency
Axia College Material Appendix B LAN Operating Systems Scenarios Read the three scenarios below‚ then answer the questions that follow each scenario. 1. You are the network administrator for a new company that has 10 users and plans to add five more users within a year. The files need to be accessed by all 10 users and each user must have different security rights. What kind of network would you install and how would the pieces and components of this network relate to each other? Define
Premium
Shannon Hudak Distractions of Cell Phone Use While Operating a Motor Vehicle Using cell phones while driving are not only dangerous but deadly. We have many distractions while driving‚ let alone the use of cell phones as well. In this day and age cell phones are used for a variety of things such as text-messaging‚ internet usage‚ watching television‚ e-mailing‚ faxes‚ games‚ and much more. Driving is a privilege‚ not a right. Many Americans take the technology we have today for granted. Once
Premium Mobile phone Text messaging
following operating results for 2009: sales = 22‚800; cost of goods sold = 16‚050; depreciation expense = 4‚050; interest expense = 1‚830; dividends paid = 1‚300. At the beginning of the year‚ net fixed assets were 13‚650‚ current assets were 4‚800‚ and current liabilities were 2‚700. At the end of the year‚ net fixed assets were 16‚800‚ current assets were 5‚930‚ and current liabilities were 3‚150. The tax rate for 2009 was 34 percent. a. What is net income for 2009? b. What is the operating cash flow
Premium Generally Accepted Accounting Principles Depreciation Balance sheet
Case Analysis #3 Calveta Dining Services‚ Inc.: A Recipe for Growth? 1. Does Calveta’s operating approach offer a sustainable competitive advantage? Explain your answer by analyzing Calveta’s resources as shown beginning on page 111 of your textbook. Calveta’s operating approach is able to offer a sustainable competitive advantage for many reasons. First‚ Calveta was able to use its resources to provide greater value for its customers than its competitors could. They were able to build their local
Premium Management Marketing Strategic management
Business Case Study: Chief Operating Officer a) What is the precise nature of Doug Yacubian’s problem? Some of Doug Yacubian’s difficulties as Chief Operating Officer (COO) of Captiva Corporation are the result of circumstances beyond his control‚ as just after he took on the position there occurred the biggest crisis in the company’s history‚ a massive product recall owing to incidents of food poisoning. “Since this occurred during Doug’s first week on the job‚ he couldn’t do much to help manage
Premium Problem Problem solving