How entrepreneurs can contribute to the economic development of a country? i) Entrepreneurs can promote capital formation in a country - Entrepreneurs need money to set up and run their firm. To do that‚ they will need to borrow or employ their own resources or money. This will cause money to be channelled to help the country’s economy as an economy will only thrive when there is money circulating in the economy of a country. ii) Entrepreneurs can create employment opportunities to the public
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Review the Enron case information presented in the textbook. If you were a high-level leader in this corporation‚ how might applying your personal ethics have changed the outcome? Greed‚ power and personal satisfaction are all characteristics that motivate people to do things that might not always be in the best interest of others. In the case of Lay and Skilling‚ along with dozens of other executives‚ this is exactly what happened. There was no acceptance of blame‚ only ignorance and death.
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Chapter 15: Review Questions and Problems 1 & 6 What are the alleged advantages of a fixed over a flexible exchange rate system? Fixed rates has a smaller degree of uncertainty than flexible rates. Fixed has more stability and less inflation that flexible exchange rates system. Fixed rates have less fluctuation that flexible exchange rates if we were to compare them both. Fixed rates have a greater degree of fixity which helps to fight against inflation. How do advocates of flexible exchange rates
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Chapter 3 Module Review Questions 4/17/2012 1. Which features of organizations do managers need to know about to build and use information systems successfully? What is the impact of information systems on organizations? * Define an organization and compare the technical definition of organizations with the behavioral definition. The technical definition of an organization is a stable‚ formal social structure that takes resources from the environment and develops them to outputs. The
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There are many things that an American student must do to contribute to American culture. American culture today is a melting pot of the best and worst parts of every other culture. In order to have the culture be the best it can be the young in American society must have good values. Though society helps shape the values found in American culture‚ three values remain constant for the young American: a person must be a good listener‚ have respect‚ and be a hard worker. Respect is one of the many
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related stress are factors such as inadequate preparation. When you are unprepared for your exams and you haven’t studied enough or covered all the work material you are bound to be stressed. Inadequate preparation such as last minute studying also contribute to exam stress and anxiety. Another factor that enhances exam stress is pressure from family. Students are constantly stressed by the academic expectations that their parents want them to fulfil. Parents that persistently compare their children’s
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Q 1.1 Explain what is meant by Diversity Equality Inclusion Discrimination A 1.1 Diversity means all individuals are not the same‚ everyone has a difference. These differences could be‚ religions or beliefs‚ race or cultures‚ sexual orientation‚ gender‚ marriage or civil partners‚ disabilities‚ class or gender reassignment. Even though we are all different‚ we all have the same rights to not be discriminated against. Equality means no matter what differences an individual has they are equally
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1.4.2 The 3 Key Economic Questions every Society must answer: Who? What? and How? As we have been learning‚ everyone is forced to deal with scarcity. We‚ as individuals‚ are forced to deal with it. We‚ as families‚ are forced to deal with it. And we‚ as societies‚ as countries‚ are forced to deal with it. The way we‚ as individuals‚ face it is through the choices we make. And since all of us make different individual choices‚ it stands to reason that we all use different methods‚ or reasoning
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portfolio question Christian Arzaga 03/27/2012 1. Portfolio Question #1 (Chapter 1) a. What does “success” mean to you? Success to me is the feeling that come from going through struggles and still achieving your goals. It may be something as small as losing 5 pounds or as great as graduating from school. b. When you achieve your greatest success…what will you have and what will you be doing? When I achieve success I will be have my associates
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ASSIGNMENT UNIT 301 TASK B REFLECTIVE ACCOUNT a) Explain why it is important to promote appropriate behaviour and respect for others (ref. 2.2) As learning take place in a social enviroment it will be fundamental to create a good atmosphere helping everyone attending to feel at ease in a space where learners feel safe and comfortable to express their opinion. Each student may have different background‚ culture‚ beliefs‚ experiences and needs‚ so it is very important
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