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A Bar Mitzvah celebrates that unique day every time a boy comes old at 13 years of age. The term Bar Mitzvah directly translates as "son of commandment", and it is whenever a boy transitions into an adult, where he is now morally and ethically solely in charge of his decisions and actions. For more information on exactly what a Bar Mitzvah signifies, and just how it's celebrated, continue reading. Although an enterprise's internal trade fair eliminates or reduces some of the market transaction costs, it also brings with it the specific transaction costs of the enterprise. The main reason for this defect is also the incompleteness of information. Specifically, first, there are various contractual relationships among enterprises, including contractual relationship between enterprises and workers, contractual relationship between enterprises and managers, etc. The enterprise should supervise the work of the workers and products that it employs, as well as the managers and other personnel, and induces them to work hard for the enterprise. So, companies are signing contracts and spending on oversight and incentives. Secondly, on the one hand, corporate decision makers often need to obtain information from subordinates. On the other hand, the decision-making information of the upper level of the enterprise should be realized by passing it to the subordinate. The information transmission of these two different directions will be distorted by the increase of subordination of enterprise scale, resulting in the loss of enterprise efficiency. Once again, the subordinate of the enterprise often conceals or passes the wrong information to the superior for selfish motives, so that the superior can make decisions that benefit the subordinate. Or, the subordinate's decision to the superior only passes or executes the part that is advantageous to oneself. These will result in the loss of enterprise efficiency. Thus, the expansion of enterprises is limited. According to coase's theory, the scale of the enterprise should be expanded to this point, that is at this point to increase the cost of an internal exchange cost equals the cost through the market exchange cost and so on. The correlation between optimal spending budget and effective activity-based costing is very important to sound business strategic options designed to maximize the wealth producing capacity from the enterprise. In these series on effective cost assignment and optimal cash strategy, we're going to focus on the pertinent strategic cost questions and proffer some operational guidance. ? Social Value: The social net profit of your organisation is understood to be the economical value made for the society. It measures the positive ramifications from the business on its human capital. Healthy labour practices, corporate community development and workplace behaviour are some from the key metrics towards measuring the social value of your organisation. This approach seeks to align the business interests while using labour interests within the organisation.The social sustainability approach seeks to develop and nurture sustainable relationships from the external and internal community. Edwards and bell's point of view Financial staff are used to dividing the investment payback period into long-term, intermediate and short-term periods. The term usually refers to more than five years, short term generally refers to a period of less than one year, and the middle term is somewhere in between. Managers also use long, medium and short term to describe the plan. Long-term plan describes the organization in a quite long period (usually more than 5 years) and the development direction of policy, regulation on the group's various departments over a longer period of time in some activities should reach the goal and requirements, mapped the organization long-term development blueprint. Short-term plans specifically provides for all departments of an organization in the current stage, to the future the shorter period especially in the recent period of time, which should be engaged in activities, engaged in such activities should meet the requirement, and thus provides a basis for the ACTS of all members of the organization. BIN or Bank Identification Number is 6-digit variety of a credit or debit card which is used learn the bank, that has issued a particular card. The first 6 digits of the credit, debit, gift or prepaid card constitute the BIN from the card. The number facilitates or validates any transaction, which you are going to make with that particular card.