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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.
JIT purchasing On the other hand is a purchasing system in which material purchased are contracted so as that the receipt and usage of materials to the maximum extent possible,
Recommend whether marginal or absorption costing should be use for internal monthly reporting
Product life cycle Every product has a life cycle. The life cycle of a product vary from months to various years. For example in the case of cameras photocopying machines etc.
Case Study Labor standards Geeta & Company has experienced increased production costs. The primary area of concern identified by management is direct labor. The compa
You want to purchase a house that costs $325,000. You have a down payment of $65,000 and will take out a mortgage to make up the difference. The AMC Mortgage Corporation offers a q
What is Production cost It begins with the supplying of materials, labour and services and ends with the primary packing of the product. Therefore, it includes the cost of d
Various stages of product life cycle Typically the life cycle of a manufactured product will consist of the following stages: 1) market research : before any investment in
Tom Emory and Jim Morris strolled back to their plant from the administrative offices of Ferguson & Son Manufacturing Company. Tom is manager of the machine shop in the company''s
Model Construction The success of a simulation exercise is related to the predictive quality of the underlying model, so that considerable care should be taken with model const
Advantages of Simulation 1) It can be used in areas where analytical techniques are not available or would be too complex. 2) Constructing the model inevitably must involve
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