oldest non profit organizations
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oldest non profit organizations

First of all, it costs transaction cost for the manufacturer to purchase intermediate products in the market. It includes the cost of seeking suitable suppliers, signing contracts and supervising contract execution. If the manufacturer can produce some intermediate products within the enterprise itself, it can eliminate or reduce some transaction costs, and can better guarantee the quality of the products. Second, if the manufacturers need is a special type of specialized equipment, the supplier does not generally willing to specialize in only a buyer of the product of the investment and production, because this kind of proprietary investment risk is bigger. Therefore, vendors that need this specialized device need to solve the problem of specialized devices within the enterprise. In the end, the manufacturers hire employees with specialized skills, such as specialized product design, cost management, and quality control, and establish long-term contractual relationships with them. This can be more beneficial than buying the corresponding services from other vendors, thereby eliminating or reducing the corresponding transaction costs. In 1946, the famous British economist J.R. hicks, in value and capital, developed the concept of income into a general concept of economic gain. He argues that the real purpose of computing revenues is to make people aware of the amount of money they can spend without making them poorer. Accordingly, he gave a generally accepted definition of "the maximum amount of consumption that a person can spend at the end of the term, at the same level of prosperity". Hicks's definition, though primarily for personal gain, applies to businesses as well. In the case of the enterprise, according to this definition, the enterprise income can be understood as the maximum amount that can be allocated in the enterprise cost accounting period under the same amount of capital at the end of the term and the beginning of the period. Network planning technology was developed and developed in the United States in the late 1950s. This approach includes a variety of web-based methods, such as critical path method, planning review technology, combined network method, etc. Workers in the category for caring, leisure and other service occupations earn £218 more on average than equivalent full-time members of staff, while temporary managers and directors enjoy a £2,477 pay boost compared to full-timers. Phoenix iMarkets compiled from ZeroHedge, according to government data compiled by Labyrinth consulting services, the growth trend of U.S. personal vehicle mileage (VMT) has been steady since June 2017. The possibility of a halt to growth in U.S. personal vehicle miles (VMT) has been around since the start of 2014, which could signal a slowdown in crude oil consumption.