are greater than the costs= DO IT 6. Explicit cost: opportunity cost that involves direct monetary payment 7. Implicit cost: opportunity cost that does not involve monetary payment (time) 8. Economic profit: takes into account implicit and explicit costs Accounting profit: only takes explicit cost into account 9. Risk premium: ppl will pick the option with the most certainty. Different Models -Happy-is-Productive: satisfied employees provide better service -Economic: highly
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into account. The GE matrix cross-references market attractiveness and business position using three criteria for each – high, medium and low. The market attractiveness considers variables relating to the market itself, including the rate of market growth, market size, potential barriers to entering the market, the number and size of competitors, the actual profit margins currently enjoyed, and the technological implications of involvement in the market. The business position criteria look at the
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1. Define Finance. Discuss the principles of Finance. According to L J Gitman, “Finance is the art and science of managing money.” Finance is concerned with the process, institutions, markets and instruments involved in the transfer of money among and between individuals, business and governments. Finance deals with-Financing, investment and dividend. Principles of Finance * Principles of risk and return: It says, “No risk, No gain” * Principles of time value of money: while making any
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recent years, Islamic financial institutions are one of the most growing industries that has been accepted and appreciated by society whether Muslims or non-Muslims across the globe. Riba in financial transaction is considered as to charge a specified profit or amount within a certain period of time for a loan given to anyone. Riba is actually not limited to it. It has way broader spectrum than just limiting it to the financial transactional Riba. It is considered among seven most disliked sins. The Islamic
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add social goals to the demands of serving customers, making a profit, and returning value to shareholders, you tie yourself up in knots.” Ben & Jerry’s financial performance has had its ups and downs. While the company’s stock grew by leaps and bounds through the early 1990s, problems began to arise in 1993. These problems included increased competition in the premium ice cream market, along with a leveling off of sales in that market, plus their own inefficiencies and sloppy, haphazard product development
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Economy & Business ISSN 1314-7242, Volume 8, 2014 Journal of International Scientific Publications www.scientific-publications.net LOCATION AND LAYOUT AS SOURCES OF COMPETITIVE ADVANTAGE OF SMALL RETAILERS Nikola Knego, Kristina Petljak, Rudolf Vouk University of Zagreb, Faculty of Economics and Business Zagreb, Department of Trade Trg J.F. Kennedy 6, 10 000 Zagreb, Croatia Abstract The decision about the location is one of the most important decisions taken by the retailer because
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for CEOs,” Emily Thornton (2005) criticized the top CEOs for taking advantage of Golden Parachutes agreement to seize huge profit from merger. The author quoted a string of the latest news to illustrate an increasing number of famous CEOs benefiting from merger-payout provisions. In addition, Thornton indicated that this trend has negatively influenced the whole financial market. This article was timely because golden parachutes became a hot issue among CEOs when it was published; and it alarmed CEOs
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you will be able to: ♦ Thoroughly understand the function of market mechanisms and the interaction among economic agents ♦ Understand how the interplay between cost and demand fundamentals shape the prices that prevail in a market ♦ Identify the categories of costs that are relevant for critical business decisions, such as pricing and market entry and exit ♦ Use several important game-theory-based models of competition in oligopoly markets Course Road Map Demand and Supply Determination of Prices
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into account. The GE matrix cross-references market attractiveness and business position using three criteria for each – high, medium and low. The market attractiveness considers variables relating to the market itself, including the rate of market growth, market size, potential barriers to entering the market, the number and size of competitors, the actual profit margins currently enjoyed, and the technological implications of involvement in the market. The business position criteria look at the
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1.0 Introduction Profit maximization has to do with usage of limited resource in achieving optimal output hence it involves the prudent rationing of scare resource to production sectors that have the ability to yield the most returns all things being equal, However in the market concept the intention of the producer and supplier is to meet the needs of the customer or buyer hence that informs the producer where he should channel the available limited resources; because his or her inability to know
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