Economies of scope

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    Persian Gulf is the oil-rich economy viz. United Arab Emirates (UAE). The demographic of the economy consists of 11.6% Emiratis, as much as 59.4% South Asian (including 38.2% Indian) and 29.1% others (2015 est.). The economy constitutes young population with majority of the population between 25-54 years of age (61.27%) and about 96% are aged below 54 years of age. Dubai, Abu Dhabi and Sharjah account for 85% of the total UAE population. UAE is 16th most competitive economy (Global Competitiveness Report)

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    understood as the driving forces to generate, maintain and evolve architecture. Such driving forces exist in different scopes and scales. It is in the scope of technology under the law of physics, being the integration of power input through the time in the form such as energy provided by building service machinery for the environmental comfort. It is also in the scope of economy, being the accumulated capital, a sort of excessive energy in society which could be used for the development of the system

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    1. Define managerial economics. Write its scope. MANAGERIAL ECONOMICS: Managerial economics, the name itself tells us it is the combination of both economics and the management. According to the great economist Dr Alfred Marshall economics mainly involves how a person gets his income and how he fulfils his needs with that income.in short economics is the study of man’s actions. Management include many activities done with the help of manager such as planning, organising, controlling and directing

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    In regards to economics of scope, a firm can gain greater efficiency by combining two or more operational tasks or concurrently produce complementary or distinct products or services instead of singularly and separately producing products or services. In the long-term, a firm can lower average and marginal costs through advantages in economies of scope. As an example, Liberty University (LU) uses economies of scope by offering a wide spectrum of education specialties for the residential and distance

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    Paint-Pen

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    heavily on complete analysis of the industry, in addition to the evolving changes in the economy. It also requires understanding of the business and financial characteristic of the industry. The group recommends placing a bid on Paint Pen. Mergers and acquisitions have the potential to create value for acquiring firms. If performed effectively, sources of synergy would be positive economies of scale, economies of scope, and extending technological capabilities of Paint Pen. Mr. Hamer should decide to

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    Stalin’s Five Year Plans have a positive impact on The Soviet Union’s economy and industry beginning 1928 and leading up to 1941. This topic was chosen to discuss the economical and industrial effects before and after Stalin’s Five Year Plan, this was interesting to study because Stalin introduced the first plan in 1928 after Lenin’s regime ended, and its success in achieving its goals was declared ahead of its time, in 1932. The first scope of this investigation will look into how job opportunities were

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    customer becomes more knowledgeable about the product and their needs and perception changes. 5.3.3 Focused Strategy The third strategy in Porter’s model is Focused strategy which is applicable for the firms’ that are operating in a narrow competitive scope or Niche Market. The strategy is applied based on the market segmentation. It can be segmented based on location, specific income group (usually high income group) or difference in the usage of the product. The driving force of the focus strategy is

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    Introduction Technology Products was bought out in 1986 by a manufacturing firm from Cleveland. This firm, in turn, sold the electronics division plants which manufacture computer chips to different investors. From this sale, the two plants were divided into separate companies, Acme Electronics and Omega. (Daft, 2015, p. 171) The purpose of this case study analysis is to look at the strategic intent of each company, their organizational goals, and how each company performed while competing for a

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    The acquisition will Increase Newell's product scope, resulting in benefits realized through diversification. Newell and Rubbermaid have related operations, thus industry wide factors affecting Newell would also affect the Rubbermaid product line. However, the acquisition would still allow for growth

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    ANNUAL GROWTH IN SALES Mass merchandisers sellers, grocery stores, club stores, convenience stores represent the biggest opportunity to generate combined sales. WWAV and GIS participate in highly competitive markets and have devoted substantial resources into building their presence in the national and international segments. Both of these segments are highly important into branding the products and increasing their market cap. Combined efforts, manufacturers joint ventures, consumers, products

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