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    <title>Business Group at eNotes</title>
    <link>http://www.enotes.com/business/group</link>
    <description>The latest discussion, including questions and answers, from the Business Group at eNotes.</description>
    <lastBuildDate>Sun, 5 Jul 2009 13:44:26</lastBuildDate>
    <language>en-us</language>
    <item>
        <title><![CDATA[Classical management theory was a combination of Taylor's scientific...]]></title>
        <link>http://www.enotes.com/business/q-and-a/what-were-common-drawbacks-classical-neo-classical-90853</link>
        <description><![CDATA[Classical management theory was a combination of Taylor's scientific management principles, Weber's bureaucratic management concepts, and Mooney &amp; Reiley's universal administrative management theory. Classical theory was based on the premise that people are motivated primarily by economic rewards. It was heavily mechanical in nature and attempted to establish hierarchies and impose a high degree of specialization into individual jobs. Its...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/what-were-common-drawbacks-classical-neo-classical-90853</guid>
        <pubDate>Sun, 5 Jul 2009 13:44:26 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[I am not sure what exactly you mean. But there is the unite coin which...]]></title>
        <link>http://www.enotes.com/business/q-and-a/how-many-pound-coins-there-england-90851</link>
        <description><![CDATA[I am not sure what exactly you mean. But there is the unite coin which is worth 1L introduced in 1602  by James I and ended mint in 1662. There there is a 2L coin first minted in 1802 under George III and continues to this day.There are a variety of collectable coins in 1, 2 and 3  pound denominations that are no longer being minted today.
The Euro is currently being used in Great Britain alongside British money.]]></description>
        <guid>http://www.enotes.com/business/q-and-a/how-many-pound-coins-there-england-90851</guid>
        <pubDate>Sun, 5 Jul 2009 12:47:47 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[Third Degree Discrimination in economics has to do with a company's...]]></title>
        <link>http://www.enotes.com/business/q-and-a/what-third-degree-discrimation-managerial-90855</link>
        <description><![CDATA[Third Degree Discrimination in economics has to do with a company's pricing policy.  If a business engages in third degree price discrimination, then they are charging different groups of people different prices for the same product.  The prices for each group are discriminatory because they are based on race, sex, ethnicity or location.
This type of pricing strategy is often viewed as providing a service to the community for example, when...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/what-third-degree-discrimation-managerial-90855</guid>
        <pubDate>Sun, 5 Jul 2009 08:29:40 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[In third degree price discrimination, price varies by location or by...]]></title>
        <link>http://www.enotes.com/business/q-and-a/what-third-degree-discrimation-managerial-90855</link>
        <description><![CDATA[In third degree price discrimination, price varies by location or by customer segment, or in the most extreme case, by individual customer.  It is a tool to maximize profit and be flexible with pricing in order to have a wider and broader appeal of marketing said product.  Additionally to third degree price discrimination, the supplier(s) of a market have to be capable of differentiating between consumer classes. Group must have observable...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/what-third-degree-discrimation-managerial-90855</guid>
        <pubDate>Sun, 5 Jul 2009 08:17:17 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[What is ‘Third degree Discrimation’? in managerial economics]]></title>
        <link>http://www.enotes.com/business/q-and-a/what-third-degree-discrimation-managerial-90855</link>
        <description><![CDATA[What is ‘Third degree Discrimation’? in managerial economics]]></description>
        <guid>http://www.enotes.com/business/q-and-a/what-third-degree-discrimation-managerial-90855</guid>
        <pubDate>Sun, 5 Jul 2009 07:45:38 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[What were the common drawbacks in classical and neoclassical theories of...]]></title>
        <link>http://www.enotes.com/business/q-and-a/what-were-common-drawbacks-classical-neo-classical-90853</link>
        <description><![CDATA[What were the common drawbacks in classical and neoclassical theories of management?]]></description>
        <guid>http://www.enotes.com/business/q-and-a/what-were-common-drawbacks-classical-neo-classical-90853</guid>
        <pubDate>Sun, 5 Jul 2009 07:37:20 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[How many pound coins are there in England?]]></title>
        <link>http://www.enotes.com/business/q-and-a/how-many-pound-coins-there-england-90851</link>
        <description><![CDATA[How many pound coins are there in England?]]></description>
        <guid>http://www.enotes.com/business/q-and-a/how-many-pound-coins-there-england-90851</guid>
        <pubDate>Sun, 5 Jul 2009 07:15:51 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[Free trade refers to trading across national boundaries without...]]></title>
        <link>http://www.enotes.com/business/q-and-a/free-trade-promotes-mutually-profitable-regional-90815</link>
        <description><![CDATA[Free trade refers to trading across national boundaries without restrictions. This means that a country imposes any restrictions on importing goods and services from other countries, and at the same time it is able to export its products to other countries without facing any restrictions placed by them.
Free trade permits countries to manufacture and export to other countries the products they are able to make more efficiently and economically...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/free-trade-promotes-mutually-profitable-regional-90815</guid>
        <pubDate>Sun, 5 Jul 2009 01:54:24 PST</pubDate>
    </item>
    <item>
        <title><![CDATA["Free trade promotes a mutually profitable regional division of labour,...]]></title>
        <link>http://www.enotes.com/business/q-and-a/free-trade-promotes-mutually-profitable-regional-90815</link>
        <description><![CDATA["Free trade promotes a mutually profitable regional division of labour, greatly enhances the potential real]]></description>
        <guid>http://www.enotes.com/business/q-and-a/free-trade-promotes-mutually-profitable-regional-90815</guid>
        <pubDate>Sat, 4 Jul 2009 21:54:28 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[I believe you are referring to the CPA Board that conducts qualifying...]]></title>
        <link>http://www.enotes.com/business/q-and-a/why-do-male-dominates-cpa-board-topnochers-90079</link>
        <description><![CDATA[I believe you are referring to the CPA Board that conducts qualifying exams for CPA's (Certified Public Accountants) and acts as a regulatory organization to control professional conduct of CPA's. Also I hope that by "dominating" you are only referring to greater number of men as compared to women in CPA Board. I am sure that it will not be right to assume that the men dominate the CPA Board in any other way involving discrimination against...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/why-do-male-dominates-cpa-board-topnochers-90079</guid>
        <pubDate>Sat, 4 Jul 2009 20:11:23 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[Multi-branding refers to the practice of one company having more that...]]></title>
        <link>http://www.enotes.com/business/q-and-a/what-problems-generally-faced-by-companies-going-90185</link>
        <description><![CDATA[Multi-branding refers to the practice of one company having more that one brand for products in same category. Companies use multiple brands to satisfy the needs of and attract customers from different market segments. One prominent example is multiple branding is the the practice adopted by General motors to sell cars under different brands such as Buick, Cadillac, Chevrolet, Oldsmobile, and Pontiac.
Multiple branding enables a company to...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/what-problems-generally-faced-by-companies-going-90185</guid>
        <pubDate>Sat, 4 Jul 2009 19:46:19 PST</pubDate>
    </item>
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        <title><![CDATA[Management of the company is responsible for all the actions and results...]]></title>
        <link>http://www.enotes.com/business/q-and-a/describe-responsibility-management-auditors-for-90781</link>
        <description><![CDATA[Management of the company is responsible for all the actions and results of the organisations they manage, Thus management is also responsible for the frauds and errors committed by the organization.
Auditors have no responsibility to either manage the company or to produce result. Responsibility of auditors is limited to auditing or checking the records of the company to check if the operations of the company in respect of its transaction...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/describe-responsibility-management-auditors-for-90781</guid>
        <pubDate>Sat, 4 Jul 2009 18:04:04 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[In business seasonal variation refers primarily to systematic variations...]]></title>
        <link>http://www.enotes.com/business/q-and-a/define-seasonal-variation-what-principle-causes-90777</link>
        <description><![CDATA[In business seasonal variation refers primarily to systematic variations in demand for products and services in a cyclical fashion at different within a recurring time period. For example, the demand for umbrellas is likely to have a yearly cycle, in which the demand will be high during rainy season and low in other seasons.
The periodicity of demand can be any repeating time period such as year, month, week or day. Generally in business...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/define-seasonal-variation-what-principle-causes-90777</guid>
        <pubDate>Sat, 4 Jul 2009 17:38:00 PST</pubDate>
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    <item>
        <title><![CDATA[
Describe the responsibility of the management and auditors for the...]]></title>
        <link>http://www.enotes.com/business/q-and-a/describe-responsibility-management-auditors-for-90781</link>
        <description><![CDATA[
Describe the responsibility of the management and auditors for the frauds and errors committed?
]]></description>
        <guid>http://www.enotes.com/business/q-and-a/describe-responsibility-management-auditors-for-90781</guid>
        <pubDate>Sat, 4 Jul 2009 08:09:54 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[Define seasonal variation? What are the principle causes for seasonal...]]></title>
        <link>http://www.enotes.com/business/q-and-a/define-seasonal-variation-what-principle-causes-90777</link>
        <description><![CDATA[Define seasonal variation? What are the principle causes for seasonal variations?]]></description>
        <guid>http://www.enotes.com/business/q-and-a/define-seasonal-variation-what-principle-causes-90777</guid>
        <pubDate>Sat, 4 Jul 2009 07:09:26 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[If you are just looking for just different ideas on the possible topic...]]></title>
        <link>http://www.enotes.com/business/group/discuss/need-some-ideas-for-marketing-project-mini-54907#5</link>
        <description><![CDATA[If you are just looking for just different ideas on the possible topic for your project, perhaps the most handy source of information for you will be the list of contents of your textbook. If it comes to picking different ideas on product, again you can make a fairly long list of products that you are using in your house or outside it.
But if you are expecting to get some guidance on what projects will be best suited for you, then I suggest a...]]></description>
        <guid>http://www.enotes.com/business/group/discuss/need-some-ideas-for-marketing-project-mini-54907#5</guid>
        <pubDate>Sat, 4 Jul 2009 05:52:36 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[Though efficiency and effectiveness are two separate aspects of an...]]></title>
        <link>http://www.enotes.com/business/q-and-a/how-may-an-organization-become-bioth-highly-90633</link>
        <description><![CDATA[Though efficiency and effectiveness are two separate aspects of an organization, it is observed that organization that perform well in one of these ares also do well in the other. The reason for this can be attributed directly to the ability of the organization to manage itself well.
An organization that is well managed is able to determine clearly what objectives are in its best interest, and take necessary steps and adopt all appropriate...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/how-may-an-organization-become-bioth-highly-90633</guid>
        <pubDate>Fri, 3 Jul 2009 22:57:55 PST</pubDate>
    </item>
    <item>
        <title><![CDATA[It will not be entirely correct to say that assembly-line processes are...]]></title>
        <link>http://www.enotes.com/business/q-and-a/why-assembly-line-processes-usually-much-more-90733</link>
        <description><![CDATA[It will not be entirely correct to say that assembly-line processes are more efficient than batch processes. Both these types of processes can be the most efficient or not so efficient for specific applications depending upon the nature of operations performed and the volume of work.
To begin with, as the name itself indicates, assembly-line method is appropriate only for operations involving assembling of two or more components into a...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/why-assembly-line-processes-usually-much-more-90733</guid>
        <pubDate>Fri, 3 Jul 2009 22:18:48 PST</pubDate>
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    <item>
        <title><![CDATA[Why are assembly-line processes usually so much more efficient but less...]]></title>
        <link>http://www.enotes.com/business/q-and-a/why-assembly-line-processes-usually-much-more-90733</link>
        <description><![CDATA[Why are assembly-line processes usually so much more efficient but less flexible than batch processes?]]></description>
        <guid>http://www.enotes.com/business/q-and-a/why-assembly-line-processes-usually-much-more-90733</guid>
        <pubDate>Fri, 3 Jul 2009 14:36:05 PST</pubDate>
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    <item>
        <title><![CDATA[The AIDA model is more a model for effective selling rather than...]]></title>
        <link>http://www.enotes.com/business/q-and-a/what-aida-concept-related-with-purchase-decision-90699</link>
        <description><![CDATA[The AIDA model is more a model for effective selling rather than purchasing, although selling and purchasing can be considered as just two facet of the same selling process. The Name AIDA has been formed by first letter of four words that represent sequential steps in an effective selling process. These are Attention, Interest, Desire and Action.
As per AIDA model, a salesperson can achieve most effective results by following the four...]]></description>
        <guid>http://www.enotes.com/business/q-and-a/what-aida-concept-related-with-purchase-decision-90699</guid>
        <pubDate>Fri, 3 Jul 2009 02:15:41 PST</pubDate>
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