THE ADVANTAGES OF FREE MARKET ( DISADVANTAGES OF COMMAND ECONOMY ) 1.Efficiency. free market economies are very competitive. Most of their industries are assumed to be perfectly competitive and so allocative and productive efficiency will occur.As their main aim is profit motive so free market economies allocate their resources more efficiently as compared to planned economy. Decisions about what to produce are made by the people who will actually consume the goods. Planners are less likely to
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"AYUBOWAN" May you have the gift of long life! It is with this traditional greeting‚ that everyone is welcomed to Sri Lanka‚ the paradise island. For a small island Sri Lanka has many nicknames; Serendip‚ Ceylon‚ Tear drop of India‚ Resplendent Isle‚ Island of Dhamma‚ Pearl of the Indian Ocean. This colorful collection reveals its richness and beauty‚ and the intensity of affection it has evoked in visitors. Many travelers‚ from ancient mariners and merchants‚ to modern astronauts and business people
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INTERNATIONAL TRADE LAWS RESERARCH PAPER (006) The Regional Trade Agreements: India’s Perspective M. RAMESH 14 LL.M 09 Under the Supervision of Dr. Mr. S. Jaswal‚ Asst. Research Professor THE INDIAN LAW INSTITUTE New Delhi LIST OF ABBREVIATIONS BOP … Balance of Payments CA … Court of Appeal DSB … Dispute Settlement Body DSU … Dispute Settlement Understanding
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This strategic marketing plan focuses on marketing strategies of the SriLankan Airline Strategic Business Unit (SBU)‚ in Sri Lanka. The strategies are concerned with the market‚ product‚ pricing‚ distribution and communication/ promotion strategies for the Srilankan Air Taxi. The time period for the strategic marketing plan for SriLankan airline will take place over 3 years from July 1st 2008 to July 1st 2010. Market strategies for the SriLankan Air Taxi are to employ a multi-market strategy
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Factors responsible for Dialog’s Decline 16 Strategies 19 Strategies implemented by Dialog 20 SWOT Analysis 23 Conclusion 25 Reference 26 Executive Summary Dialog Telekom PLC is a Malaysian based MNC functioning in Sri Lanka. It has been the market leader in the telecommunication industry up to the year 2007. But the company incurred huge losses in the year 2008 & 2009 and this as a result of this the company’s market reputation and image declined. The Annual reports
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Sri Lanka is a developing country with an open economy. Sri Lanka’s economic progress has been quite satisfactory in last 30 years. In Sri Lanka apparel industry is one of most important contributor to the country’s economy with the largest GDP and foreign exchange earnings. Garment industry provides the single largest employment to the country‚ which provides more than one million of direct and indirect employments. Sri Lanka is currently facing a huge competition with other larger scale competitors
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Department Introduction to Economics I TRADE AGREEMENTS AND WORLD TRADE ORGANIZATION PROFESSOR ASSISTANT STUDENTS Nataša Tandir Nedžad Isaković Sejid Abaz Sarajevo‚ December 2011. CONTENT Trade Agreements.......................................................................................................................... 3 Bilateral and Multilateral Agreements................................................................................. 3 Trade Agreements and Trading Blocks.............
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DEFICIENCIES OF THE PREVAILING LABOUR LAW SYSTEM IN SRI LANKA BACKGROUND FOR THE STUDY 1.1. Employment Employment is a An act of employing State of being employed The work in which one is engaged; occupation. An activity to which one devotes time The percentage or number of people gainfully employed: "a vicious spiral of rising prices under full employment" (William Henry Beveridge). 1.2. Definition of Employee and Employer “A person who is hired to provide services
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"In the last years‚ we have seen the WTO being stuck‚ while regional & bilateral trade agreements gained ground‚ so how would you assess the role of the WTO in the upcoming decade and do you think that the WTO will need to adjust to this new environment‚ if so‚ how?" The proliferation of preferential trade agreements and regional trade agreements have in the global trading environment have seen has significantly shaped the day to day conduct of international business transaction since the GAAT formally
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the participation of outsiders in trade union activities. It leads to chaos and complications when politicians and lawyers become the office bearers of the union. This concept of outsiders being office bearers of a trade union does not exist in other countries . Comparing the trade union activities in Singapore‚ which mainly encourage production‚ that of India usually restricts productivity and economic growth . There are numerous examples to show that the trade union activities are one of the biggest
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