Economical Terms - Average Revenue

Question: Examine about the Economical Terms, Average Revenue. Answer: Presentation: All out income implies the whole of the considerable number of incomes earned and produced by the firm. In numerical terms, complete income implies the income or the cost per unit duplicated by the quantity of units of the item sold. The more the quantity of units sold, the more noteworthy is the income produced by the firm. Normal income is the normal income created by the item, having a pre-decided selling cost. In prudent terms, Average income is determined by partitioning the absolute income by the quantity of units sold. Minor income alludes to the adjustment in the complete income of a firm with an adjustment in the unit increment or abatement in the offer of the item. Consequently, peripheral income is registered by the per unit distinction in the complete income of the firm, with a unit increment in the quantity of units sold. Cost Amount requested Normal income All out income Minimal income $30 0 $0 $0 30 1 $30 $30 $30 30 2 $30 $60 $30 30 3 $30 $90 $30 Fixed expenses are the costs which a firm brings about independent of the creation did by the firm. This suggests the fixed expense happen regardless of whether the firm doesn't produce any incomes or doesn't do any such exercises. Fixed expense is a sure fixed sum and it keeps on causing at a similar sum, independent of the quantum of creation or deals by the firm. Variable expenses allude to the costs which will in general happen per unit of the degree of creation. It changes with the quantum of creation and are avoidable in nature, i.e., if the firm doesn't deliver any item, it doesn't need to bring about the variable expenses. All out factor costs are figured by duplicating the variable expense per unit and the quantity of items delivered. All out expenses can be processed as the total of the fixed expenses and the variable expenses. Normal fixed expenses can be processed by isolating the all out fixed expenses caused by the firm during the period partitioned by the quantity of units delivered by the firm. Normal variable expenses can be figured by separating the complete variable expenses brought about by the firm during the period partitioned by the quantity of units delivered by the firm. Normal variable costs will in general abatement with the expansion underway and it stays stable after a specific degree of creation. This soundness infers the most productive use of the assets. Normal complete expenses allude to the absolute expenses per unit of the item. It tends to be scientifically determined by separating the all out expenses by the quantity of items produced by the firm. Minimal cost alludes to the adjustment in the all out expense of a firm with an adjustment in the unit increment or diminishing in the creation or assembling of the item. Henceforth, minor expense is processed by the per unit distinction in the all out expense of the firm, with a unit increment in the quantity of units delivered. Complete item complete fixed expense Complete variable expense Complete expense Normal fixed expense Normal variable expense Normal complete expense Peripheral expense 0 $100 $ 0 $100 1 100 100 $200 $100 $100 $200 $200 2 100 180 $280 $50 $90 $190 $80 3 100 240 $340 $33.33 $80 $113.33 $60 4 100 320 $420 $25 $80 $105 $80 Rundown of References: Salvatore, D. (2008). Microeconomics-Theory and applications (Fifth ed.) T.S. Ragan, C. (2013). Microeconomics (Fourteenth ed.). Canada: Pearson Education.

Corporate Risk Management Essay Example | Topics and Well Written Essays - 1250 words

Corporate Risk Management - Essay Example The consumptions of the business so as to repay the physical harms of work environment and labor could fill in as significant contributions to the procedure of capital planning that has the goal to decide the real net present worth and inside pace of return of the business (Shapiro, 2008, p. 42). Firm’s presentation to physical hazard The physical hazard is the premier hazard that influences the association and its kin. The foundations, processing plants, plants and structures in which the business is done just as the representatives of the business house are dependent upon physical hazard. The physical hazard to the business happens as consequence of the vulnerability of the event of unanticipated circumstances and mishaps that seriously influences the foundation of the business and its whole business set up. The physical hazard may happen because of the appalling occurrences of fire breakout in the organization structures. There might be mishaps because of the blasts occurri ng inside the work environment (Megginson and Smart, 2008, p. 63). The organizations spend significant sums in setting up the business foundation. An immense measure of use is brought about by the business in developing the workplace set up, the inside design and the wooden development for making the structures and its rooms reasonable for authentic use. Different consumptions incorporate glass fittings, work place course of action of improved plans. The corporate look in the workplaces is because of the normalization of the framework for business that is required to be set up in the working environment. The event of fire mishaps and little blasts inside the places of business are gigantic dangers as it annihilates the foundation for doing business activities and furthermore harms or unfavorably influences the labor assets of the business. The physical hazard for the business may likewise be because of the spillage of dangerous materials in the working environment. The dangerous m aterials like the acids, gases, poisonous squanders, and harmful exhaust could unfavorably influence the workers of the organization which would thus influence the business tasks. Physical Risk thought in Capital planning The capital planning procedures are planned for surveying the achievability of the business interest in a specific venture. The capital planning methods survey the reasonability of business speculations with the assistance of different methodologies that decides the degree to which the business is beneficial. The appraisal of the business considers the danger of the business. The physical dangers related to the business considers the few variables of vulnerability that would decrease the net valuation of the business or the normal come back from the business speculations (Chandra, 2008, p. 96). The thought of the physical hazard is along these lines important to decide the achievability of the ventures through Capital planning strategies. The different capital plan ning procedures used to pass judgment on the practicality of the venture are the Net Present Value strategy, the Internal Rate of Return, and so forth. The Net Present estimation of the business is the genuine present estimation of the business balanced with the underlying ventures required for beginning the task (Lumby, 1988, p. 84). The Net Present Valu

6 Productivity Tips to Keep Your Meetings on Track

6 Productivity Tips to Keep Your Meetings on Track Were spending more time in meetings. Today’s executives devote an average of 23 hours a week to them, while in the 60s, meetings took up less than 10 hours for the average executive. But the fact that we’re spending more time on meetings doesnt mean we’re getting more done in them. It’s a common trope among office workers that meetings are a waste of time. In one survey, 71 percent of senior managers described them as unproductive and inefficient. Meetings can be useful, but only if they stay on track. Keeping them productive is a challenge that requires discipline. These tips can help. 1. Dont Schedule Unnecessary â€" or Unnecessarily Long â€" Meetings The more critical a meeting is, the more likely it is to stay on track. That’s because these meetings have a specific goal attendees need to accomplish. Unnecessary meetings tend to be unfocused because they lack a specific goal. Avoid scheduling meetings for the sake of meeting up or “just in case.” If you can’t define a reason to have a meeting, skip it. This rule also applies to the length of meetings. Favor shorter sessions over longer ones because tasks tend to expand to fill the time allotted to them â€" a phenomenon called Parkinson’s Law. 2. Ensure the Meeting Has Value for Everyone Involved If you want to keep your meeting on track, invite the right people. Make sure everyone who needs to make the required decisions is there, but also be careful not to over-invite, which can slow meetings down. You need to have the right mix of people, too. Some sessions, for example, might not benefit from a blend of entry-level and senior employees. Whoever is leading the meeting might need to take steps to encourage everyone to contribute so attendees can both provide and get value out of the meeting. For example, Wins meetings give team members a platform to share small milestones theyve achieved that might otherwise have gone unnoticed. These kinds of meeting help everyone get on the same page while increasing team morale. 3. Plan Your Meeting Early The time you spend in preparation for your meeting is just as essential as how you manage the meeting itself. Create an agenda for your meeting and share it with every participant. Start working on the plan and send it to people early, so they can prepare as well. Before you go into the meeting, you should know what your goals are, what format your meeting will take, who will participate and the type of discussion you’ll have. Some meetings include a presentation, followed by time for questions, while others require more participation. Meeting planning tools such as MindMeister can help you prepare as well. You can use MindMeister to create meeting agendas and presentations, take minutes, assign tasks and more. Plan Manage Meetings Efficiently FREE 4. Share the Responsibility of Keeping the Meeting Focused When you share the job of keeping the meeting on track, its harder to miss it when things start going off the rails. Try giving employees a constructive way to point out when someone gets off-topic, repeats something thats already come up or does something else that could cause people to lose focus. Security management software provider Brivo, for example, gives each employee a No Rehash” pingpong paddle they can raise if someone brings up a subject that has already been addressed. 5. For Long Meetings, Schedule Breaks People dread long meetings, and if there’s no end in sight, people may start zoning out or getting distracted. Building break times into exceptionally long meetings and letting everyone know about them ahead of time can help prevent people from getting angsty. If people know theres a break ahead, they may be more likely to resist the urge to check their email. Even just a few minutes of free time can help. This article from the Muse recommends scheduling breaks into any meetings that are more than an hour long. 6. Start, Transition and End Well The structure of the meeting is essential as well. Having a clear beginning, middle and end will help people stay focused because they’ll have a better idea of what they should be doing at any given time. To nail the beginning of your meeting, avoid starting while people are distracted. Let them settle in. Then, make sure everyone is on the same page about the purpose of the meeting before you begin. The meeting should also have distinct sections, and it should be clear when you’re transitioning to a new topic. Finally, end the meeting with a summary of what you accomplished and assign tasks as needed. After the meeting, send an email to recap this information. Meetings dont have to be a waste of time. For better meetings, make staying on task a top priority. If you plan appropriately, get everyone on the same page and follow the other tips in this article, you’ll be well on your way to wasting less time and getting more done. Plan Manage Meetings Efficiently FREE

Essay on Biological Factors involved in Stress - 1604 Words

Psychological and physical well-being and the overall quality of life are under a constant threat of stress and thus, psychological and medical sciences have long been concerned with studying stress response. Cox (1979) claimed that because of the poor understanding and defining it, the concept of stress tends to be rather elusive. The term, â€Å"stress†, commonly describes any physchological or physical alteration that deranges the organism’s homeostasis (or balance). This essay reviews some of the biological factors involved in stress and it has been organized in the following way. The paper begins by briefly introducing the concept of stress. It will then go on to discus and describe the automatic response (fight or flight reaction),†¦show more content†¦The trouble begins when multiple life incidents hit us all at once and this is because during periods of dramatic changes, individuals are more vulnerable to stress (Jones Bright, 2001). Therefore, stress has got the ability to activate pretty every system within the body, however, through a rather rudimentary mechanism which lies within the cellular level (Shreedhar et al., 2010). Humans experience similar dramatic physiological stress responses as other species. That is to say, the physique response to a stressor prepares the body for rapid physical action (fight or flight). More rarely, as Rudinger (1988) argue, sitting paralysed by fear may constitute another response to stress. The fight or flee stress response involve extremely rapid, virtually immediate, changes within the muscular systems and organs (Pinel, 2006). When the sense organs (of hearing or sight) receive the â€Å"alarm signal† they instantly pass it to the brain. Then the brain sends messages to the muscles and organs and therefore, muscles contract, often very abruptly. If the state of alertness is prolonged, muscle activity and tension remain high in order to prepare the body of reacting quickly to any subsequent stimuli. In a fight or flight situation, heart rate changes. Furthermore, there are a series of chain reactions. The first thing that happens is that the heart starts to beat faster in order to pump a copious supply of blood to the essentialShow MoreRelatedMajor Depression And Its Effects On Social Involvement1565 Words   |  7 Pagesthe outcome and the solution for depression. Even though the main cause of depression is biology, social factors help derive stress that lead to depressive moods because of situations that people face which then supports the other etiologies. Through this essay I will discuss the so cial stress that causes depression through social involvement, relationships with close individuals, and stress from work. Secondly, how parental teaching affects the child’s thought process and in the way the child learnsRead MoreThe Importance Of The Biopsychosocial Approach : Treating Diabetes1498 Words   |  6 Pageshealthcare, but this approach lacks many important factors. While the biomedical approach takes into consideration the biologic aspect of a disease, it fails to address the importance of psychological and social factors when treating a patient. This paper compares the biomedical approach to the biopsychosocial model in healthcare, specifically in regards to diabetes. This article provides information concerning biological, psychological and social factors and their importance when treating a diabeticRead MoreThe Prevalence Of Obesity And Obesity1196 Words   |  5 Pagesmajor health concerns worldwide, obesity is a complex disorder which results from multip le factors that may interact or be correlated together that may influence body weight (Akabas, Lederman, Moore, 2012). Sociocultural and ethnic factors that may contribute to the complexity of obesity include: †¢ Biological †¢ Genetics †¢ Cultural †¢ Environmental †¢ Social/Eating Behaviors Biological Factors Biological factors may mediate ethnic/racial and socioeconomic (SES) differences in obesity. For example,Read MoreThe Importance Of The Biopsychosocial Model : Diabetes1351 Words   |  6 Pageshealthcare, but this approach lacks many important factors. While the biomedical approach takes into consideration the biological aspect of a disease, it fails to address the importance of psychological and social factors when treating a patient. This paper compares the biomedical approach to the biopsychosocial model in healthcare, specifically in regards to diabetes. This article provides information concerning biological, psychological and social factors and their importance when treating a diabeticRead MoreThe Pathway to Psychosis1433 Words   |  6 Pagesthe severe stress of the situation seems to take its toll on Hamlet putting him in a depressed state, and eventually over time he grows ‘mad’. To put in psychological terms, he developed psychosis. The question that this paper will address is how an individual develops psychosis? There is a wide range of theories, all with reasonable evidence. It These different theories seem to indicate that psychosis is the result of a recipe of different environmental, biological, and neuralRead MoreMolecular Mechanisms Underlying the Health Advantages Associated with Psychological Well-Being723 Words   |  3 Pagesconfounded negative psychological and behavioral factors. Hedonic and eudaimonic well-being showed similar affective correlates but highly divergent transcriptome profiles. Peripheral blood mononuclear cells from people with high levels of hedonic well-being showed up-regulated expression of a stress-related conserved transcriptional response to adversity (CTRA) involving increased expression of proinflammatory genes and decreased expression of genes involved in antibody synthesis and type I IFN responseRead More Does Exercise Help the Brain? Essay examples1735 Words   |  7 Pageswatching television can seem just as appealing. Why even bother working out? The reasons to work out may be greater than you think. Physical activity can make you feel good, keep you in shape, keep you healthy, but now researchers also are fi nding biological evidence that exercise benefits specific brain mechanisms. Just as exercise improves muscle tone and function, it may also have similar effects on the brain. Some people have thought that exercise positively affects the brain as well as theRead MoreThe Biopsychosocial Perspective Of Breast Cancer.For The1156 Words   |  5 Pagesmain focus on many health factors and diseases, including cancer. Recently, psychologists have been able to prove the psychological and social components of disease. This has forced Doctors, who once relied solely on the biological factors of disease to take a more holistic approach. To help demonstrate the biopsychosocial model of cancer, I will be focusing on breast cancer and it’s risk factors. I will be discussing the effects of race/ethnicity, stress, and genetic factors on the occurrence and recoveryRead MoreTendencies of Developing an Addiction1615 Words   |  7 Pagesthis uncertainty, factors from all levels of analysis need to be examined. The studies above are fairly reductionist as they only focus on the effect of neurotransmission of dopamine in addictive behaviour and do not consider other aspects that could contribute to addiction. The diathesis-stress model provides a reasonable explanation of addiction as a result of the interaction of biological and environmental factors. Genetics are indeed demonstrated to be a significant factor in addiction. EnvironmentalRead MoreThe Causes Of Autism Spectrum Disorder1006 Words   |  5 Pagesactivities. Like all disorders, there are biological, social, and therapeutic implications. Firstly, like many disorders there are several biological factors. Autism is a neurodevelopmental disorder, therefore Autism affects the development of the brain in utero. Furthermore, according to Simon Baron Cohen, professor at Cambridge University, â€Å"Autism is a lifelong condition and that it’s the way the child is born. Probably because of prenatal factors, you don’t expect the person to kind of grow

Toronto Anti Violence Intervention Strategy - 896 Words

Developed and implemented in early 2006, Toronto Anti-Violence Intervention Strategy (TAVIS) is a targeted approach to policing that incorporates increased surveillance along with increased patrols in lower income neighborhoods (Siciliano, 2010). This policy is the product of a constellation of factors that includes a key triggering shootout among two rival youth gangs on Boxing Day, 2005, which resulted in the death of innocent bystander Jane Creba. I. Identification of the problem The Toronto Anti-Violence Intervention Strategy (TAVIS) addresses the problem of criminal street gangs and illegal guns in Toronto. TAVIS aims to reduce gang activity and gun violence in Toronto through targeted policing in some of the 13 priority neighborhoods where crime analysis indicates chronic or an acute escalation in violence (Siciliano, 2010). As an intervention strategy, TAVIS operates on the principle of geographic-specific, intelligence-led policing intelligent-based policing that targets known gang associates engaged in guns and drug activities who are on the verge of committing an offence. According to the Toronto police, an Anti-Violence Intervention Strategy was a necessary investment in wake of increasing gun violence among poor (primarily black) youth in the city of Toronto, which peaked to its ultimate high in the year 2005 known as the ‘year of the gun’. A media spectacle of the Toronto’s gang violence primarily involving young black men from poor inner suburbanShow MoreRelatedThe Toronto Anti Violence Intervention Strategy1564 Words   |  7 Pages This basis of legitimacy is partly due to shared factors contextualized by authorities and institutions that play a critical role in identifying risk factors linked to youth offending. 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Production Strategy in China Free Essays

Mattel outsources its production to China through its Vendor Operations Asia (VOA), based at Hong Kong. VOA outsources to suppliers who are based at Hong Kong having their production setups in mainland China. These suppliers have the wherewithal to cut through the complex regulations and bureaucracy in China. We will write a custom essay sample on Production Strategy in China or any similar topic only for you Order Now Mattel outsources only its non core products and short life cycle products to China, which can respond very fast to product changes and modifications due to its strengths in material processing and expertise in toy manufacturing. In House Production vs. Outsourcing: In house production offers significant control over quality, product safety, because of the direct control over the supply chain by the company. It protects the IP rights of the company by not giving the manufacturing expertise and designs to any supplier. On the other hand, in house production can cost significantly more than outsourcing. Also, the company has to acquire a wide management knowledge base, to excel in supply chain management and manufacturing practices. Outsourcing significantly reduces production cost because of lower labor costs, lower inputs and material processing costs, and an existing infrastructure in manufacturing. So Mattel has better operational efficiency and reduced capital requirements. On the downside, quality is difficult to monitor, especially where there are secondary and tertiary suppliers who supply to the main vendor. A manufacturing plant needs to operate in an efficient manner. The support that is necessary for this is the supply chain, the costs of running a factory, including labor costs, and regulatory aspects of the country. The supply chain available in the country must be able to supply to this industry. Labor costs must be low and the local Government must be supportive of the venture. Offshoring and Outsourcing: When Mattel closes it American and European plants to set up its own manufacturing facilities in China, it is Offshoring. Offshoring happens when the company wants to manufacture by itself, but at a lower cost. When a Mattel factory in UK contracts out a portion of manufacturing to Poland or Mattel contracts an outside entity to completely manufacture a toy, it is outsourcing. Offshoring is a factory or operations shifting to some other country. Outsourcing is contracting an outside entity to do certain operations. Environmental Factors affecting Offshoring and Outsourcing in China: China has lax IP rules. Hence a supplier could end up manufacturing a look alike of Mattel toys and get away with it. China is very sensitive about labor issues and rights. Mattel’s suppliers and the VOA sit in Hong Kong and production happens in mainland China. Hence, it is very difficult to maintain and monitor quality. Rising costs in China are making suppliers evade safety standards. Amazon: Value Creation to Customers: Amazon creates value through its exceptional supply chain practices. These practices enable Amazon to offer a wide variety of products, at the lowest cost, with the best offers, at the fastest delivery time, with free shipping. These are achieved by   excellence in supply chain management, by establishing DC’s to cater to large demand groups and thus be able to serve customers quicker and better, generating higher sales. Amazon’s Strategy Evolution: Amazon started as a pure virtual e-marketing company, which will not stock its products but will operate with strategic alliances and only shipping and sorting operations are done. To effectively serve its customers and to create value, the company has moved to becoming an e-marketing company which stocks, sorts and ships material with a very complex and sophisticated own supply chain and allied operations. It allows customers to sell their own products and partners with other sites that are looking for a channel. It has moved from an e-marketing company to a global internet channel brand. Amazon’s US and European Strategy: The US is a large market with no differences in terms of culture. So Amazon is dealing with customers who have the same language and lifestyles. In Europe, the company can not replicate its US strategies in totem. There are three different large markets in Europe: UK, Germany France. Each has a different language, lifestyles and requirements. While in the US, the DC’s can effectively stock the same items and supply them to the target geographies. But in Europe, with three different portals supplying different products, the strategy is different. Also, Europe has different regulations to be complied with in terms of pricing. So Amazon relies on postal agencies, for their efficiency and low costs to provide free shipping and thus show a saving for the customer. Amazon started taking checks and postal orders to increase market penetration. In Europe, there were book wholesalers, so Amazon had to enter into direct partnerships with hundreds of publishers, unlike the US. Vendors do not operate on EDN, so time taken for fulfillment of orders is more and also uncertainty of shipped quantity. How to cite Production Strategy in China, Papers

Where Theres a Will There Is a Way free essay sample

Once upon a time there was a woman named ibiyemi adenrele, she was beautiful. Men from far and wide came to ask for her hand in marriage but ibiyemi’s heart belonged to the hunter adebowale osupa. Adebo as she calls him was as handsome as she was beautiful and he wasn’t a lazy man. So finally the two love birds got married. They gave birth to a daughter called omoshewa . she was a hardworking girl and very intelligent, not to mention being the most beautiful girl in the whole village. After years and years of the couple trying to have another child, ibiyemi decided to let her husband marry another wife. The new bride’s name was fowokemi oni she was a very humble woman at the first three years of her marriage. After she gave birth to her first three sons she became the wicked witch of the house. We will write a custom essay sample on Where Theres a Will There Is a Way or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page She became so mean that her husband was frustrated and let her do as she wished. Years of frustration went by and fowokemi had five sons and two daughters but ibiyemi still had only one child. Adebo died at middle age because he could not even bear fowokemi anymore. ade o’s will was readc but fowokemi insisteds that ibiyemki and her daughter’s be given to the relatives and so it was done . ibiyemi moved into the house she inherited from her father. She and her daughter began to struggle . omoshewa always wanted to be a farmer but it was a taboo for women to farm. Omoshewa took the piece her mother also inherited and started working on it. She worked as a maid in the mornings and in the afternoon she was on her farm the king got to hear of this and sent his soldiers to burn her farm. Lucky for omoshewa for she was even thinking of how she’ll do a little bush burning to start some real work. Even ibiyemi thought her daughter was going to be disappointed. Everybody who passed and saw her farm and laughed but she didn’t listen to their mockery. She turned deaf ears to those who thought the were advising by telling her to quit. A lot of pressure was upon omoshewa. One day as omoshewa was about to plant her fist set of seeds, they were stolen . She searched round the house. She cried and cried till her eyes were red because she could not get seeds anymore because they banned her from buying seeds just to frustrate her. But her father appeared to her in a dream and told her to dig her backyard right beside the tree . In the morning she did just that and she found seeds twice the size the amount she lost. In a year her farm was already prospering her plants started yielding fruits she made a lot of money. In five years she became the most successful farmer in the town . Even white men came to purchase lots andf lots of goods from her . She was the richest woman in town. She got to find out that hder father’s farm was run down by her step brothers. Her mother apologized for not believing in her. She married one of her white business partners. Whenever women told their children her story thehy always ended.