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Question 1:
(a) Discuss the main features and problems which Mauritius has to face as a small island developing country.
(b) What are the factors which have led to the first economic Miracle?
Question 2:
"The objectives and business structure in Mauritius is far from the classical theory of firm based on profit maximization and other assumptions". Discuss this statement in the light of the business sector in Mauritius.
Question 3:
Discuss any two of the following:
1. Financial globalization. 2. National income and economic welfare. 3. Market failures and Free rider problem.
Steady state condition In many cases, the Markov process will converge to a steady state or equilibrium. In general, as number of transitions `n' increase, the state values
major ways that these complexities might impact a business
Graphic method of break even analysis or break even chart The break even point can also be computed graphically. A break even chart is a graphical representation of marginal co
Characteristics of irrelevant costs
A bill is explained as an unconditional order in writing, addressed through one person to the other, signed through the person providing it, requiring the person to whom it is addr
What are the Limitation of performance budgeting 1) It dose not facilitate qualitative evaluation. 2) The success depends on the well organized departments, but this may not b
Budgetary control According to CIMA the establishment of budgets relating the responsibilities of executive to the requirement of a policy and the continuous comparison of achi
VALUE ADDED STATEMENTS Are intended to show how much wealth or value has been created by the company’s operations and how the wealth has been shared out to interested groups e.
Question : (a) A company manufactures and sells two products A and B. Presently, it sells 600 units of A and 400 units of B at a price of £24 and £19 respectively. The unit
how company apply marginal costing techniques show with an example
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