---------------------------2-3 AD=G+I+X-M--------------------------------------------------------------------------------2-3 Part two--------------------------------------------------------------------------------------4-5 Macroeconomic objective----------------------------------------------------------------4-5 Part three--------------------------------------------------------------------------------------5-7 Conflicts--------------------------------------------------------------------------------------5-7
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1) FIRM OBJECTIVES: The standard economic assumption underlying the analysis of firms is profit maximization. Real world firms‚ however‚ might not‚ and many times do not‚ make decisions based on the profit-maximization objective‚ or at least exclusively on the profit-maximization objective. Other objectives include: (1) sales maximization‚ (2) pursuit of personal welfare‚ and (3) pursuit of social welfare. Although firms are assumed to make decisions that increase profit in standard economic
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INDUSTRIES LARGE-SCALE AND SMALL-SCALE The following pages describe the industrial life and activity of the district. The chapter is divided into three sections: (1) Large-Scale Industries‚ (2) Small-Scale Industries and (3) Labour Organization. It is‚ however‚ to be noted that the statistics given in the section on large-scale industries which include employment and such other aspects as capital investment‚ production etc. are included‚ are not in respect of the industry as a whole but pertain
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Importance of Small Business according to economic condition of Pakistan In today’s modern world Information Technology and Globalization have changed the way of business in the 21st century. As the developing nations and developed nations compete for greater market share in the global market Pakistan too must act up so as not to fall behind nations such as China‚ India and Brazil. Being an agricultural country‚ Small and Medium size (SME) firms play a vital role for earning foreign exchange‚ employment
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My aim in life: “Ambition makes a man energetic and active”. People have their own dreams in life some want to become rich or a band business man. There are others who have the craze to become poets‚ writers and novelists. But most of us have the desire of becoming doctors‚ engineers and scientists. As for myself‚ I don’t have high hopes in my life‚ indeed. I wish to become a teacher. The aim of my teacher’s life inspires me to take up this profession. The teaching profession is very noble
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Ambi Williams MGT440- Small Business Management April 16‚ 2015 Case # 2 Question 1: What steps can the Fosters take to increase sales at the Circle R Ranch? Should they enter the wedding market? What are the advantages and the disadvantages of entering this market? In order for the Foster’s to increase sales at the Circle Ranch more option should be offered to clients. Entering the wedding market would help increase the sales. Advantages of entering into the wedding market will bring in a new group
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Case Study # 1: NAU. 1) What were the Nau’s founders’ primary motivations for founding Nau? Ans: The primary motivations of the Nau’s founders was a new retailing concept was to combine the eco-friendly and mountain-climbing chic of Patagonia with the fashion-forward urban cool styles of brands like Prada‚ using eco friendly materials to make the outfits. 2) What kind of entrepreneurial venture is Nau? Ans: Nau is a eco-frieldly start-up technical and lifestyle outdoor apparel company with
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My Aim in Life Browning an English poet says‚ “The aim‚ if reached or not makes great the life”. Human beings are superior to others because they plan their lives. Sometimes this planning is short term. Sometimes it is long term. Long term planning is called aim. It is also called ambition. Aim is the target which we want to achieve‚ towards which our physical and mental abilities are focused. Life is the period which starts from the time of birth and ends
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Q1;Relationship between Goals Objectives and Policies Goals are ; *broad plan *having generic action *goals are intangible in nature and cannot be measurable *they are long term *the main aim of the goal is toward which an endeavor is directed *and it is based on ideas Objectives; In contrary to goals‚ objectives are; *narrow plan *specific actions are taken out to achieve objectives *they are measureable and are tangible in nature so that it is easy for the organization to check
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The aim of higher education Ⅰ.The definition of education A. Ancient Greeks The ancient Greeks‚ during the Golden Age of Athens‚ gave us great advances in art‚ literature‚ and philosophy. Philosophers such as Socrates(470-399 B.C.)‚ Plato(427-347 B.C.)‚ and Aristotle (384-322B.C.)were responsible for advanced thinking that has affected education up to the present time. Advanced thinking for these Greeks meant that they possessed wisdom far beyond what humans had expected before their time.
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