Question 1. What are the vital functions of an Economy? Explain the price mechanism. Answer:- An economy refers to the financial system of the region‚ province or nation. "It is a system by which folks get a livelihood." For instance the "Economy includes farms‚ factories‚ mines‚ shops‚ banks‚ roads‚ railways‚ aircrafts‚ offices‚ schools‚ cinemas etc.‚ which grants the people with the goods and services which they also use themselves or sell overseas in order to be able to buy imports." Sir John
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Our Country Our Country‚ the Union of Myanmar‚ is known as the land of golden pagodas. Myanmar is surrounded by big countries like China in the north and India and Bengladish to the west. Thailand and laos lie to the east of Myanmar and the south is the east of Myanmar and the south is the sea. Its area is about 676553 square kilometers‚ and it is the second largest country in Southeast Asia after Indonesia. Although it is still a developing country‚ we can say it has good neighbours‚ great
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Management Challenges and Concerns Report Amber Smith University of Phoenix Strategic Human Resource Management and Emerging Issues HRM/498 Robert Miller May 5‚ 2007 Management Challenges and Concerns Report The purpose of the Management Challenges and Concerns Report is to indicate the responsibilities of management and how to meet or exceed company goals. This report includes details of management challenges within a company. In addition‚ this report specifies possible causes and solutions
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The Geopolitics of South Asia From Early Empires to the Nuclear Age Graham P. Chapman Centre for Advanced Study‚ Oslo‚ Norway Professor Emeritus of Geography‚ Lancaster University‚ UK From Chapter 14 The Greater Game The New Security Agenda The United Nations Development Programme in 1997 outlined the seven areas of new security; economic‚ nutritional‚ health‚ environmental‚ personal‚ community and political. Since then the more crystallised term ‘New Security Agenda’ has been pushing
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Political 1) 1756-1763 – The Seven Years’ War was the major war started by the pressured created by the competition of states and dynasties. After this battle of the great powers of Europe though‚ no territorial changes in Europe‚ Britain gained complete control over the overseas colonies of France‚ and Russia and Prussia become extremely powerful forces in European affairs. 2) 1763 – The Treaty of Paris was the agreement made that concluded the peace negotiations of the French and Indian War. In
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THE ARAB SPRING An Arab Spring is a revolutionary wave of protests‚ demonstrations‚ sit-ins‚ rallies and insurgency in the Arab world‚ mainly to get rid of dictatorship aimed at democratic form of government in these countries through violent or non-violent means. To date‚ rulers have been forced from power in Tunisia‚ Egypt (twice)‚ Libya‚ and Yemen; civil uprisings have erupted in Bahrain and Syria; major protests have broken out in Algeria‚ Iraq‚ Jordan‚ Kuwait‚ Morocco‚ and Sudan; and minor
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Scarcity -Basic Economic problem - unlimited wants‚ but limited resources The question is: How do we allocate these limited resources? 3 questions that any economic system must answer: - What should be produced - How should we produce it? - Who gets it? Command Economy - You have heavy state involvement - State of ownership of resources and control of production - What should be produced - the state decides - How to produce it - the state decides - Who gets it - the state decides Market
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CONTENTS CHAPTER 1 .............................................................................3 (INTRODUCTION ) CHAPTER 2 .............................................................................4 (CAPITILISM ECONOMIC SYSTEM) CHAPTER 3 ...........................................................................11 (SOCIALISM ECONOMIC SYSTEM) CHAPTER 4 ..........................................................................14 (MIXED ECONOMIC SYSTEM) CHAPTER 5 ………..………………………………………………………………
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Leadership A Matter of Global Concern Of all the human qualities‚ leadership is one of the most ambivalent and elusive‚ as it involves a large amount of other skills. In general terms‚ being a leader means to posses those inner or outer conditions that make you a person in charge of other people and‚ at the same time‚ responsible for their well being. Usually‚ we connect leadership with organized groups‚ but often we realize that we need leaders in most aspects of our lives. But‚ do we know
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PART SIX Country Notebook THE COUNTRY NOTEBOOKA GUIDE FOR DEVELOPING A MARKETING PLAN TH E CO UN TRY N O TEB O O K O U TLI N E Cultural Analysis Economic Analysis Market Audit and Competitive Market Analysis Preliminary Marketing Plan 580 Part 6 Supplementary Material In each guideline‚ specific points must be adapted to reflect a company’s products and/or services. The decision as to the appropriateness of specific data and the depth of coverage depends on company objectives‚ product
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