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What are diseconomies of scale?
When the business becomes too big that there wouldn't be enough managers to manage it efficiently => the marginal cost increases, pushing the average costs up.
What is the oil operator who drills for wells called?
An oil operator responsible for drilling wells is typically called a "drilling contractor." They are hired to execute the drilling operations at a specific location based on the requirements provided by the oil company.
How do you use strip mining in a sentence?
Strip mining involves removing the surface layer of earth to extract valuable minerals or resources. An example sentence could be: "The company plans to use strip mining to extract coal from the open pit mine."
Why does water company need weather forecasts?
Water companies use weather forecasts to anticipate and prepare for changes in water demand based on weather conditions. For example, they can adjust water treatment processes based on expected temperature or precipitation levels. This helps ensure sufficient water supply for customers and efficient operations.
What are the three variables of the micro environment?
The three variables of the micro environment are customers, competitors, and suppliers. Customers play a key role in determining the success of a business by influencing demand. Competitors impact a company's market share and pricing strategies. Suppliers provide the resources needed for production and operations.
Which oil company established the commercially proven oil from coal operations?
Sasol
Which Indian company has recently acquired African mobile service operations in fifteen countries from zain?
karbon
What statement summarizes the results of the company's operations?
The income statement summarizes the results of the company's operations.
What exactly is a Coronation Fund Manager?
Coronation Fund Managers is a southern African third-party fund management company. The headquarters are in Cape Town, South Africa. The company commenced operations in 1993.
Where does the LEGO company live?
Most of the Lego company live in Denmark, where it was invented and made commercially to this date.
What is a multi domestic company?
A company with international operations that allows operations in one country to be relatively independent of those in another.
What is a multi-domestic company?
A company with international operations that allows operations in one country to be relatively independent of those in another.
Which oil company established the commercially proven oil from coal operation?
Sasol
When was African Company of Merchants created?
African Company of Merchants was created in 1752.
When did African Company of Merchants end?
African Company of Merchants ended in 1821.
When was Royal African Company created?
Royal African Company was created in 1660.
When did Royal African Company end?
Royal African Company ended in 1752.
