What are the differences between absolute advantage and comparative advantage? Absolute advantage and comparative advantage are two basic concepts to international trade and perhaps two most important concepts in international trade theory. Under absolute advantage‚ one country can produce more output per unit of productive input than another. With comparative advantage‚ if one country has an absolute (dis)advantage in every type of output‚ the other might benefit from specializing in and exporting
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employ? Our society these days are divided into two different ways of thinking on the education. Some may believe that alternative methods are better than the traditional methods of teaching but yet these two methods are both a successful ways. Every method in teaching is the same for they deliver the same message to the students. Traditional method of teaching also known as the back-to-basics‚ conventional education or customary education‚ refers to a long-established customs found in schools that
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To determine the effect of music on conduct‚ frame of mind and choices while marketing and consumer behaviour as been addressed in education‚ psychology‚ communication‚ and other fields. As the result we see that in some cases music emerges to increase communication effectiveness. We need to discuss on how‚ when and why music works in order to understand the part played by music in communication. The structural constituent of music in the proximate context on advertising and its communication with
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EFFECT OF BUDGET ON ONLINE SHOPPING Finance Minister Pranab Mukherjee has granted a wonderful gift to E-Commerce entrepreneurs by making an important announcement to introduce GST by August 2012 in his Union Budget 2012-13 speech. For e commerce entrepreneurs‚ this is such a fantastic news as they are expect that with the implementation of the Goods and Service Tax(GST) prices of products sold online will come down. At present most of the online commerce ventures are working on hub and spoke model
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What is the difference between competitive advantage and comparative advantage? Answer: An advantage that a firm has over its competitors‚ that differentiates the Product or services offered by the firm and allows the firm to reduce it’s Cost or generate Higher Revenue or Margin is known as Competitive Advantage. A competitive advantage is something that a consumer views in a product or service as having higher value than the other competitors of the firm in the industry. It is an expertise that
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For centuries‚ traditional medicine has been infused with a masculine bias‚ often to the disadvantage of both doctors and patients. Women have always been central in providing medical care‚ whether offering remedies in the home‚ nursing or acting as midwives. However‚ the medical profession has been male dominated for most of its history. In Europe this came about from the 1400s‚ when many cities and governments decided that only those trained in universities were allowed to formally practice medicine
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perfect at all times. There are many things that can make the job of being a mother tough and one of them is being a single mother. In the short story‚ “Shopping” by Joyce Carol Oates there is no exception to modern day hardships that come along the road of motherhood. The turbulence in Nola and Mrs. Dietrich relationship is shown during their shopping trip to the mall where Nola hardly speaks to her mother. Mrs. Dietrich refuses to let go of the child inside Nola. Nola was once an awkward
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Time to refresh your wardrobe. Republic Day Sale is here with the biggest discounts across all categories and most importantly fashion. This is the biggest shopping event of the season where you can expect some cracking deals. And it gets even bigger with the Republic Day Sale on Fashion. Paytm has already announced its republic day sale‚ where the e-commerce company is offering 68 percent discount on fashion. Whether you want to purchase western wear‚ footwear‚ eyewear‚ or ethnic wear. Paytm Maha
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Traditional Litigation and the Non-Traditional Alternative Dispute Resolution There are many ways to handle a dispute. Many people chose to use the traditional litigation system‚ which are lawsuit being brought forth in the courts and some people choose alternative routes which may not always be involved in the court. The formal definition of traditional litigation is “the process of bringing‚ maintaining‚ and defending a lawsuit. This is also called judicial dispute resolution because courts are
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CONSUMER BEHAVIOUR TOWARDS ONLINE SHOPPING (E-Shopping) Submitted To‚ L.J. Institute of Business Administration Vastrapur‚ Ahmedabad Project Guide‚ Prof. Saurin Shah Submitted by Name Roll No. 1. Siddharth Iyer 47 2. Raj Joisar 55 3. Keval Amreliya 05 4. Dhanraj Solanki 145 5. Akash Gupta 43 6. Simpy Harwani 45 7.
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