Government and Private Organisations are partners in public services delivery. We will think about whether or not Government is the best organisation to provide public services‚ or the private or either the non-profit sector by giving the merits and the demerits of each of them. Key Words Public Service is a service provided by government or local government. Private Service provider is a private service provided by private business. Example rail transport is now privately run in most countries with
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Application Assignment 4.1 Technical Questions: 1‚ 3 and 5 of Chapter 9 & 10 Chapter 9 1. The following graph: (not able to recreate‚ but in the text)‚ shows a firm with a kinked demand curve a. What assumption lies behind the shape of this demand curve? The kinked demand curve assumes that other firms will follow price decreases and will not follow price increases. For instance‚ in an oligopoly model‚ based on two demand curves that assumes that other firms will not match a
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Describe two explanations of schizophrenia and evaluate these explanations (9 and 16 marks) Two explanations of schizophrenia are the biological perspective and the psychological perspective. The biological perspective involves genetic factors that influence schizophrenia‚ however the psychological perspective involves environmental factors in which you learn the behaviour of a schizophrenic. The first explanation is the biological perspective‚ it has two subtypes‚ these are biochemical and
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Supply Chain and Value Chain Supply chain is a network of distribution and facilities options that performs the function of procurement of materials‚ conversion of these materials into intermediate and finished goods and the supply of these finished goods to the ultimate consumers‚ for e.g. for a single product‚ supply chain consists of flow of raw material from vendors‚ transformation into finished goods i.e. interflow of materials‚ transportation to distribution centers and supply activities for
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Macroeconomics‚ (Hubbard/O’Brien) Chapter 24 Aggregate Demand and Aggregate Supply Analysis 1) The static aggregate demand and aggregate supply curve model helps explain A) short term fluctuations in real GDP and the price level. B) long term growth. C) price fluctuations in an individual market. D) output fluctuations in an individual market. 2) The aggregate demand curve shows the relationship between the ________ and ________. A) inflation rate;
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Technology Explanation There are many different kinds of technologies that are available for the world to use today. We have the convenience of all different types data input and output devices and the means to store and make available at lightning fast speeds. Some of the input devices that we use every day are essential in different kinds situations and projects everyday. We also use many different types of output devices to view our finished product. The input devices that we use are
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Chapter 1: Operations and Supply Chain Management Quick Supply Chains Enable Retailers to Get Fashions to Market Quickly * Keep earning high‚ keep latest fashions on shelves * Advances in technology allows stores to do this-> all can be done online‚ no flying designers and mailing * Thus‚ less price markdowns and order less but more often can’t afford to carry excess inventory * Minimize “concept to cash” What is Operations and Supply Chain Management? * Operations and
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is defined as the process of determining the needs and wants of consumers and being able to deliver products that satisfy those needs and wants‚ through an exchange process. A demand is a want for which the consumer is prepared to pay a price. A want is anything or service the consumer desires or seeks. Wants become demands when backed by purchasing power. A need is anything the consumer feels to keep himself alive and healthy. A transaction consists of a value between two parties. Marketing is
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Demand Forecasting Demand forecasting is the activity of estimating the quantity of a product or service that consumers will purchase. Demand forecasting involves techniques including both informal methods‚ such as educated guesses‚ and quantitative methods‚ such as the use of historical sales data or current data from test markets. Demand forecasting may be used in making pricing decisions‚ in assessing future capacity requirements‚ or in making decisions on whether to enter a new market.
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ERD Explanation DBM/380 January 23‚ 2012 ERD Explanation There are several levels of normalization such as 1NF‚ 2NF‚ and 3NF. The Huffman Driver database was brought to the normalization level of 3NF by following a series of guidelines from the lowest form of normalization‚ 1NF. The first normalization form level (1NF) consists of the basic rules for an organized database. These are: • Eliminate duplicative columns from the same table. • Create separate tables for each group
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