Mark Beaton @06b7de10e59a40b
Joined October 2014-
Tweets8
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Followers45
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Following316
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Likes0
Ethnocentrism: tending to view your own culture as superior to others.
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Multinational corporation ethical issues: *corruption *sweatshops *child labour *sustainable development
International market entry global sourcing im/ex licensing franchising Direct investment joint ventures wholly owned subsidiary
Maquiladora: foreign manufacurers in Mexico who receive special priveleges for using local labour.
Diseconomies of scale due to managing complexities of large scale production.
Economies of scale due to: * labour/management specialisation * access to more efficient equipment * better use of by-products
Short run: at leat one resource fixed, others variable long run: all resources are variable
Economic costs = explicit + implicit costs. Economic profit = revenue - economic costs. Accounting profit = revenue - explicit costs
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Investor musings @Compare_SMSF
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Queensland Ambulance @QldAmbulance
39K Followers 867 Following Official account of the Queensland Ambulance Service. Do not use this account to request emergency assistance. In an emergency call TRIPLE ZERO (000).
Queensland Fire Depar... @QldFireDept
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Bureau of Meteorology... @BOM_au
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Queensland Police @QldPolice
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abcemergency @ABCemergency
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