...9P The new equilibrium price is P* = $2.19 per pound. An increase in demand of 20 percent, therefore, increases price by 19 cents per pound, or 9.5 percent. b) Using the new price of $2.19 in the supply curve, the new equilibrium quantity is Q* = - 6 + 9(2.19) = 13.71 million metric tons /year, an increase of 1.71 million metric tons/ year. c) The new supply of copper falls (shifts to the left) to 80 percent of the original, so Q ́S = 0.8QS = 0.8(-6 + 9P) = - 4.8 + 7.2P. The new equilibrium is where Q ́D = Q ́S. 21.6 – 3.6P = - 4.8 + 7.2P. The new equilibrium price is P* = $2.44 per pound. Plugging this price into the new supply equation, the new equilibrium quantity is: Q* = 4.8 + 7.2(2.44) = 12.77 million metric tons/ year. Exercise 10: a) The competitive (non-OPEC) quantity supplied is Sc = Q* = 20. The general form for the linear competitive supply equation is SC = c + dP. the short-run supply elasticity as ES = d(P*/Q*) where d is the slope of the supply function. Since ES = 0.10, P* = $50, and Q* = 20, 0.10 = d(50/20). d = 0.04. Substituting for d, Sc, and P in the supply equation, c = 18, and the short-run competitive supply equation is Sc = 18 + 0.04P. Similarly, world demand is D = a - bP the short-run demand elasticity is ED = - b(P*/Q*), where Q* is total world demand of 34 and b is the slope of the demand...
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...hand can modify protocols based on the environment and have a very high degree of flexibility. They can also use unconventional methods to obtain results. * Enthusiasm to work: All said and done, in the end for any rural venture to be successful, what is required is a very high degree of enthusiasm, and an urge to excel. Social work is usually characterized by long working hours, unclear goals, sensitivity towards culture, commitment to the goals. Most private ventures enter this field out of passion and hence have this in plenty. Government officials may or may not be passionate about this project, but have to work on it. This clearly translates into the results. * Need for micro-level approach: Most rural ventures are extremely people oriented and need a lot of work to be done on a micro level and at a small scale. To be able to reach such a small demographic is usually...
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...I was sitting in a Portland Oregon hotel when four words forever changed my business. The keynote speaker at the meeting, a vice president of channel had just finished a surprisingly lack-luster presentation and opened up for questions. An associate from New York City immediately stood and asked, “Do you consider us competition or partners?” The VP answered without skipping a beat, “You are Apple’s competition.” I guess there shouldn’t have been a gasp and rumble throughout the room, but 100+ Authorized Resellers and VARs suddenly realized that they faced an uphill battle. Many would close their doors in the months to come. As an Authorized reseller I bought our Apple branded products from first tier distributors such as Ingram Micro and Tech Data with only small price variances based on the size of the Purchase Order. Smaller PO’s were often ignored or faced delays in shipping. A big reason for the gasp in the room was the increasing trend of Apple product scarcity for resellers. While Apple’s new retail stores had full shelves we had to fight over the leftovers. Often this meant we missed out on the initial surge of purchases made by early adopters. (Eventually Apple would release game-changing products like the iPhone and not allow Apple resellers to sell them.) When Apple opened their new store 5 minutes from one of mine I was forced to pivot or close my doors. We changed from being an Apple Reseller who sold some accessories to more of a system integrator and service...
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...Vol . IV : Issue. 14 ISSN:0975-9999 MICRO, SMALL AND MEDIUM ENTERPRISES (MSME) IN INDIA: AN APPRAISAL Dr.S,Ganapathy Associate professor C.Mayilsamy Doctoral research scholar, Department of International Business and commerce, Alagappa University, karaikudi. ABSTRACT Micro small and medium enterprises help in promoting economic growth and employment opportunity. Before 2006 this sector was called as a Small Scale Industry. Thereafter it was converted as an MSME sector. The MSME growth is incomparable by the help of bank credit. Micro small and medium enterprises and their role in economic growth and employment generation in the Indian context .the article how policy environment for promoting MSMEs changed from ‘protectionism ‘during the pre-1990s to ‘export orientation’ during the post-1990s. The key constraint faced by the MSMEs including access to credit and technology, redtapism and the like. The MSEs to promote the rural economy for in general and rural women empowerment in particularly the rural women are taken ,economic improvement ,social development, and individual decision making through the . MSEs.the MSEs are promoting the rural entrepreneurship. Key words: MSME, SME , SSI, Credit Rating Introduction Indian economy based on rural economy .Father of nation mahatma Gandhi told India “lives in village”. T he r eal national development through the rural economy .the development of rural economy through the r ur al bas ed micr o, small a nd medium enterprises...
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...Ahold Copyright 2010 Trend Micro Inc. Who are we? • We own and operate hundreds of supermarkets in the United States and Europe. • Our brands include Giant, Stop & Shop, Albert, Etos, and more. • Number of Stores: 800 across North America • Number of Employees: 100,000 • Number of Systems: 35,000 Copyright 2010 Trend Micro Inc. Business Objective Key objective: • Achieve compliance especially with PCI • Maintain strong & flexible security baseline Challenge: • Stay current in terms of PCI compliance • Maximize protection on POS endpoints without interference in sales transactions • Minimize time required to manage the solution across 800 stores and lower TCO • Choose a security solution that scales without increasing complexity Copyright 2010 Trend Micro Inc. Evaluation Criteria 1. Best-in-class HIPS, firewall & FIM 2. Multipurpose security agents 3. Centrally controlled file management 4. TCO, footprint and ease of management Copyright 2010 Trend Micro Inc. Trend Micro to the Rescue • Trend Micro Deep Security gave us what we needed in one package – Swiss army knife of protection technologies – Single compact 5 MB agent footprint • Addresses seven PCI regulations and offers more than 20 control capabilities • Specialized agentless protection for virtual systems aligned with our virtualization initiative IDS/IPS Agentless anti-malware Log Inspection Web app. protection Firewall Copyright 2010 Trend Micro Inc. Integrity Monitoring ...
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...ni-msme - the premier institute ni-msme, the pioneer institute in the field of MSME is playing a major role in providing probusiness environment to foster the progress of MSME towards success and prosperity. The raison detre of this Institute is to assist the Government in formulating policies for micro, small and medium enterprises and to help the practising and potential entrepreneurs through a host of services like training, research, consultancy, information, education and extension. The Institute is a training ground for senior technocrats, bureaucrats and bankers who come here to gain expertise and knowledge in order to equip themselves with the latest practices and streamline their operations. Set up in 1960, ni-msme has made valuable contributions by creating an impressive record of achievements beyond the Indian shores, enabling other developing countries to get the benefit of the Institute’s facilities and expertise. ni-msme’s activities are changing from time to time to meet the needs of enterprises in the context of globalisation. Training Programme on MARKETING STRATEGIES FOR SHG PRODUCTS IN THE MODERN ERA (16-18 March 2016) Located in a sprawling and enthralling campus amidst a rich natural setting, ni-msme is well equipped with both physical and academic infrastructure. In keeping with the changing times and technological changes, the Institute has updated its style of functioning by focusing on the use of IT in every aspect of its activities...
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...their sports achievement . In order to achieve best results in sports , a systematic and regular training is necessary with the help of special rehabilitation treatment , use of extra training , extra competitions, assessment of performance , special nutrition and psychological training etc. So, we can say that Sports Training is a systematic and regular process which is generally used for long duration to get the highest performance in sports . PRINCIPLES OF SPORTS TRAINING Sports training is a systematic process of preparing sportspersons for higher performance in sports . The whole process of training can be successful with the help of Sports Medicine , Sports Psychology , Sports Bio-mechanics , Sports Sociology , Exercise Physiology etc. The Important PRINCIPLES OF SPORTS TRAINING are described below for the proper formulation of the training process :- 1) The Principle of general and specific preparation:- General preparation serves as the base of specific preparation . As a matter of fact , the performance will be better if the base is better . General preparation increases the functional capacity of all the body systems and specific preparation is then further required to improve those systems and organs on which the performance of the sportspersons directly depends . 2) The Principle of Specificity :- This principle states that exercising or training a...
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...Ribbons and Bows INTRODUCTION Carmen Diaz, with a ten thousand dollar loan from two of her cousins, and one thousand dollars that she invested in equity, was able to open a specialty store called Ribbons an’ Bows, Inc, which was located in Coconut Grove, Miami, Florida. Four months after opening the business, Carmen’s relatives requested a financial report, which was part of the original business arrangement. Within a short time, Carmen had expanded the business, purchased small equipment, paid wages to a part-time employee, and by all outward indicators, had been running a flourishing business. As Carmen gathered the necessary information to prepare financial statements, she started to scrutinize the transactions and was somewhat perplexed. Carmen realized that numbers were not adding up as she had anticipated. Additionally, it became questionable whether the business was operating successfully, at least when accounting principles were appropriately applied. Statement of the Problem It was fortuitous for Carmen Diaz to have family who were supportive of her small business endeavor, thereby providing start-up funds and legal advice. Carmen’s endeavor can be recognized as a “microbusiness” operation; “microcredit”, microenterprise” and “microfinance” are terms that have been associated with microbusinesses (Datar, 2009). Clearly, Carmen would have benefitted from some professional entrepreneurial guidance that is widely available at no cost in the United States...
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...injury I had to sit out from a lot of activities and training events that my fellow soldiers participated in. 2. What type of place did you choose to experience and why? My personal experience with my injury affected me the most during my training at Fort Jackson, South Carolina. I had injured my knee half way through my training and found that everything was more difficult to deal with from there on out. My injury also affected me at home¸ not only was I injured during training but when I returned home¸ the status of my knee remained the same. While in training, I had to wake up an hour early every morning to report to physical therapy for my knee, I did this for about 5-6 weeks. By stretching everyday and doing physical therapy exercises, my knee was gradually getting better but I was still unable to walk normal or participate in any physical activities or trainings. 3. What did you observe? While injured, I realized that my world had turned upside down and that everything that I did was ten times harder for me than it was before. During my physical therapy sessions, I was issued crutches and had to learn how...
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...MICROSOFT WORD KEYBOARD SHORTCUTS Here is a list of keyboard shortcuts which can be very useful if you want to work faster! CTRL Shortcuts: CTRL and A Selects all in the current document. CTRL and B Bold text. CTRL and C Copies the item or text to the Clipboard and can be pasted using CTRL and V. CTRL and D Displays the Font dialogue box. CTRL and E Centre Alignment. CTRL and F Displays the Find dialog box, to search the current document. CTRL and G Displays the Go to dialog box, to go to a specific location in the current document. CTRL and H Displays the Replace dialogue box. CTRL and I Italic text. CTRL and J Full Justification. CTRL and K Create Hyperlink CTRL and L Left Alignment CTRL and M Tab. CTRL and N Creates a new document. CTRL and O Displays the Open File dialogue box. CTRL and P Displays the Print dialog box. CTRL and R Right Alignment. CTRL and S Displays the Save dialog box. CTRL and U Underline text. CTRL and V Pastes the copied item or text from the Clipboard into the current position in the document. CTRL and X Cuts the item or text selected to the Clipboard. CTRL and Y Redo the last undone action. CTRL and Z Undoes the last action. CTRL and ENTER Insert Page Break. CTRL and F2 Show Print preview. CTRL and F4 Closes the active document window. CTRL and F6 Opens the next document window. F and SHIFT shortcut keys: F1...
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...Karides, Florida Atlantic University An economic leader in the Caribbean, the Republic of Trinidad and Tobago has incorporated micro-business development as one of its main strategies to alleviate poverty and unemployment and to spawn economic growth since the late 1980s (ILO 1991, 1998, Ministry of Finance 1996). Although the discovery of natural gas in the early nineties catapulted Trinidad’s economic growth rate to four percent per annum, unemployment and poverty continue to affect a large portion of the population. The majority of the population has not benefited from Trinidad’s economic growth. Thus, the government has attempted to create “a nation of entrepreneurs” in order to relieve some of the inequality that defines the society (Ministry of Trade and Industry 1997). Trinidad’s expansion of micro-enterprise programs reflects an international trend. Endorsed by non-governmental organizations, private financial institutions, international development agencies, including the World Bank, many scholars and development practitioners also view microenterprise assistance as a panacea for Third World poverty (Johnson and Kidder, 1999; Mosley and Hulme, 1998; Dignard and Havet, 1995; Grosh and Somolekae, 1996; Rakowski, 1994). Micro-enterprise development programs generally consist of training in business skills or providing small loans or credit to micro-entrepreneurs (Dignard and Havet, 1995; International Labour Organization, 1995; Rakowski, 1994). These programs typically target...
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...Business Model and Strategic Plan Part 1: Conceptualizing a New Product or Service Division of Existing Business Mary Locket Bus/475 July 22, 2015 Franky Johnson Strategic Plan, Part 1: Conceptualizing a Business Introduction The sought after products Ingram offers such computers, software, storage devices and so on will give in such a way that the consumer will report nothing but positive feedback. This is a company that strives to provide the most outstanding services and leads the completion by far. They offer services such as financial planning initiatives for corporation seeking to improve their corporation. These services not only provide a way to improve your business but it provides the technology that by far exceeds the leading corporations that offer these services. The idea of offering warranties for the devices they sell opens a whole new dimension that involves reshaping the company to allow for the growth and become the industry’s leading sought after company for the services they provide. The new offer for technical support which provides online chat and remote assistance with problems people experience will allow for the company to improve on company’s morale and dedication. This will allow for customers to seek advice for their purchased products and allow the new desire for other products that are available. If the customer is satisfied they will be a good referring agent and continue to add to the growth of the company. These steps will allow for...
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...DIVERSIFICATION AND GLOBAL POSITION 3 Advanced Micro Devices, Inc. is ranked as the as the world’s second largest PC chipmaker with a market share of just 17%, far behind Intel Corp. with 81% of the market (Buckman and Williams 2001, 1). However, in 2000 AMD’s sales jumped 63% to $4.6 billion, producing $983 million in net income and its first profitable year since 1995 (Streetwalker 2001, 1). AMD owns engineering, manufacturing, warehousing and administrative facilities where it produces not only PC chips but also microprocessors, memory circuits, logic circuits, flash memory devices, telecommunication products and embedded processors (Moody’s 2000, 2520). The company’s headquarters and research and development site are located in Sunnyvale, CA, while the wafer manufacturing plants are located in Austin, TX and Dresden, Germany. The test and assembly facilities are located in Bangkok, Thailand and Penang, Malaysia. The company has also established production at the Singapore’s test and assembly facility as well as an analysis and design plant in Suzhou, China. In addition, a new plant in Japan, a joint venture of AMD and Fujitsu, called AMD Fujitsu Semiconductor Ltd. or FASB, will begin operations in the first half of 2001 (Dum 2000, 2). AMD, like many technological multinational enterprises (MNE), prefers to locate its factories and assembly plants in technology clusters in stable and democratic countries. However, AMD knows that East Asia is one of the best...
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...through physical and mental exercise and deep relaxation. Although known to be at least 5,000 years old, yoga is not a religion and fits well with any individual's religious or spiritual practice. Anyone of any age, religion or life condition can practice yoga and derive its benefits. Yoga is the practice of putting the body into different postures while maintaining controlled breathing. It is considered to be a discipline that challenges and calms the body, the mind, and the spirit. By focusing on the breath entering and leaving your body, you are performing an exercise in concentration. After learning the history and practicing the throughout this fall semester, I have a new found respect and outlook for yoga. I would like to share with you an experience my family and I had to endure and probably how I was lead to signing up for this class. I come from a very close-knit family and, as such, all my life, so far, my cousin has always been more like a sister to me. We had children at the same time and always remained close. Last fall her son, Mikey was diagnosed with cancer. I can't even begin to describe the overwhelming devastation and complete sadness this brought to our family. My cousin was on an emotional roller coaster, and I can remember asking her how she stays so strong and how she got through all the treatments and still kept it together---- her response was "yoga"....I was somewhat skeptical--- thinking to myself that an exercise, i.e., yoga, would aid in the...
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...Running head: Assignment 2 – Employing Strategy in a Competitive Environment - Fitness Connection Assignment 2 – Employing Strategy in a Competitive Environment - Fitness Connection Sample Student Strategic Management BUS 599, Winter 2013 Dr. Ingrid Wright February 3, 2013 Abstract As a business professional in the physical fitness industry, I have created an environmental scan for Fitness Connection in order for them to assess the threats and implement a plan of action to ensure that the impact is minimal. The components of the environmental scan are comprised of information addressing the following: 1) Create an environmental scan for the company indicating the most significant environmental threats and discuss how the company should respond to each threat to ensure that the impact to the business is minimal. 2) Based on the environmental scan, evaluate the company’s strengths and evaluate how the company can leverage these strengths so as to yield a competitive advantage in the marketplace. 3) Identify a significant competitor for the company and assess how your company will compete against it to maximize profits and create value for stakeholders. 4) Assume that the U.S. economy is in a state of decline requiring modifications to the strategy. Evaluate how the strategy should be modified. Provide a justification of how this will help the company continue to compete in the marketplace. 5) Evaluate how global competition may impact the business strategy and determine...
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