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John B

Consider Economies of Scale When Evaluating Money Saving Tips and Tricks - 2 views

  • Factor in the economy of scale for the changes you're making to see the true savings.
  • The small initial cost of the thermostat combined with a small amount of your labor, multiplies over time to make the value of that single hour of labor worth significantly more than the initial investment.
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    This article is about taking economies of scale into account when trying to save money. Instead of buying your breakfast, you can make your own, like burritos. It will require little labour, time and money when it is spread on all burritos.
Amanda Anna G

Energy efficiency investments reap three times the economic rewards - FierceEnergy - 0 views

  • Energy efficiency investments reap three times the economic rewards
  • The research reveals that every million dollars invested in energy efficiency programs in the region generated $3.87 million in economic output and 17.28 new jobs.
  • "The remarkably positive economic impact that investments in energy efficiency have had on both economic growth and job creation in the Southeast are helping to create a fundamental change in perspective,"
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  • "SEEA's unique analytical approach has yielded valuable insights into how investments in energy efficiency and conservation can also create jobs and other tangible benefits, even in regions that have historically shown little commitment to energy efficiency,"
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    This article is about efficiency, as the investments in energy efficiency programs created revenue and new jobs. Resources are not being wasted by inefficient use. The efficiency could also be related to economies of scale, since the firm is experiencing increasing returns to scale- every million dollars invested resulted in revenue and new jobs, and hence the work is becoming more efficient and may cause decreases in the long-run average costs.
Mariam P

Exide Industries hit by poor economies of scale - 0 views

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    The company sells batteries to automobile manufacturers and the replacement market .But fall in sales and margins hit the company hard.
Daniel B

Economies of scale in the shipping business - 3 views

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    The trade on the route Europe-Asia depends mainly on shipping. The biggest corporation is Eleonora Maersk. In this article it was highlighted that only big companies take advantages of economies of scale in this business and small ones could quite their entrepreneuers in the future.
Jakub B

Traders urge tight watch over maker of cheap cigarettes - 0 views

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    MANILA, Philippines-The chair of the 800-member Federation of Philippine Industries (FPI) on Monday called for a "24/7 close monitoring" of the trading practices of low-cost cigarette manufacturer Mighty Corp. by the Bureau of Customs (BOC) and its mother agency, the Department of Finance (DOF).
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    The article describes the prevention of the use of economies of scale that can be harmful to the society. It controvetially discusses a way of making great revenues and profit without looking at the social costs.
Marenne M

Rice Subsidy in Thailand causes Debt - 0 views

  • drop its multibillion-dollar rice subsidy program and scale back
  • make room for spending on projects that enhance growth
  • stimulate spending in rural areas and support Thai farmers
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  • government buys rice from local farmers for a set price above market rates
  • isplacing Thailand from its perch as the world’s biggest rice exporter
  • The subsidy program left Ms. Yingluck’s administration with a big bill and millions of tons of unsold rice
  • egan buying rice at premiums of 35%-50% above market rates
  • “It is inevitable for the government to incur losses as long as the scheme remains unchanged,” the IMF said.
  • eopardize a government commitment to balance the budget by 2017 and keep public debt below 50% of GDP
  • Thai authorities said the subsidy aims to address economic inequality and help poor farmers improve productivity
  • suggested that a reduction in the pledging prices or limits on the amount of purchase might be needed to ensure the sustainability of the policy
  • For the third subsidy year, which began last month, the government made some minor moves to scale back the subsidy
  • ay around $8.6 billion on the subsidy for 2013-‘14
  • hat losses from the subsidy could threaten Thailand’s credit rating
  • 5 million tons of rice in its stockpiles
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    This article describes how the government is trying to stimulate the rice market in Thailand by buying rice and placing subsidies on it. These major investments, however, are causing debt for the government, and prevent the government from investing in other projects.
Marenne M

Tanzania scales up efforts to increase foreign direct investment - - 0 views

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    This article describes how the government in Tanzania uses regulations to control and encourage foreign direct investment. All owners of land, in this case both locals and foreigners, are obliged to invest in their land through farming or constructing buildings, thus encouraging economic growth. This means that if a foreigner wishes to own land in Tanzania, they must somehow invest in the economy to help the economic growth of Tanzania
Clemente F

5 Ways To Control Costs - 2 views

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    This forbes article discusses and suggests 5 ways a company may use to reduce and control costs of a company
Aleksi B

Apple reports $57.6B revenue for Q1 2014: 51M iPhones, 26m iPads, 4.8m Macs, 6m iPods |... - 0 views

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    This article talks about Apple and their latest success as they report 57.6 billion USD in revenue selling 26 million iPads, 4.8 million Macs, 54 million iPhones and 6 million iPods
John B

Venezuela businesses brace for more price controls - 0 views

  • Jorge Botti, president of Fedecamaras, said the Law for Fair Costs and Prices will spook investors looking for wider profit margins and cause shortages of basic goods because makers of numerous products will likely scale back production.
  • He said sweeping price regulations applied to goods and services in every area of Venezuela’s economy will inevitably hurt businesses already struggling with socialist-orientated policies established by President Hugo Chavez.
  • While price controls already exist for some basic foods such as cooking oil and rice, the law taking effect Tuesday will extend them to a wider range of goods and give the government more enforcement authority.
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  • Officials will initially focus on setting price controls for food, personal hygiene and home cleaning products, construction materials, automobile parts, medicines and health care services before moving on to other areas of the economy, Granadillo said.
  • Luis Vicente Leon, director of the Venezuelan polling firm Datanalisis, which tracks the availability of basic goods and consumer prices, predicted the law won’t tame inflation and cause shortages of some goods.
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    This article is about trying to bring down the inflation by imposing price controls for food, personal hygiene, home cleaning products, construction materials, automobile parts, medicines and health care services. I personally did not like this article since there were very little explanation of why things would occur. It was just stated one person thinks this will be a good idea, and another person thinks it is a bad idea. Nothing about why they think so.
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