Topic 1- Exam Style Notes 1.1 Nature of Business Activity What is a business? * Business- decision making organisation using inputs to produce goods and services which satisfy the needs and wants of a customer * Factors of production- “CELL” 1. Capital- used to produce goods (non natural‚ eg machinery) 2. Enterprise- management/planning of factors of production 3. Land- natural resources; renewable and non renewable 4. Labour- physical and mental efforts of people
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is more important than the destination (nothing related) 20.) Heir apparent 21.) Honesty is NOT the best policy (both against and then for the topic) 22.) India and China 23.) Iskon (somewhat related to my name) 24.) bubbles in the air 25.) Art of Living (unrelated) 26.) Rural Sector (Related to SOP) 27.) women should remain at home (for the topic) 28.) Politics as a career 29.) Global warming 30.) Dressed to kill (was asked last year also) 31.) Sensitive people donot succeed in life
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work on either. Which is shown in the quote “Yet as we stand at night in the great hall‚ removing our garments for sleep‚ we look upon our brothers and we wonder… And a word steals into our mind‚ and we look upon our brothers‚ and that word is fear” (Anthem 46) This idea of Equality’s brothers in fear can also be found in the quote “There is fear hanging in the air of the sleeping halls‚ and in the air of the streets. Fear walks through the City‚ fear without name‚ without shape” (46) Equality may also
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In a society of many‚ how can one live to their true potential? One cannot go about finding themselves when criticized and ridiculed for acting and thinking different. This is the idea that Ayn Rand bases her novella‚ Anthem‚ upon. Against the society’s laws and beliefs‚ Ayn’s character‚ Prometheus‚ learns “why the best in me had been my sins and my transgressions; and why I had never felt guilt in my sins” (98). He finds that his sins enable him to bring back such a power to the society‚ even if
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Divergent is a word that seems close to meaning and even sounding like the word different. Anthem is described as call for help or for one’s belief. Both of these words are perfect matches for the stories they tell. The similarities don’t stop there‚ nor do the differences. The movie Divergent and the book Anthem almost run parallel with a lot of things but with others it is a big difference. The book Anthem focuses on breaking conformity while Divergent steers more towards accepting that you are
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Why is population an important topic? The human race has an enormous impact on this planet! We control and modify the Earth more than any other species. How do we meet the needs of human beings and also preserve Earth’s finite resources‚ biodiversity‚ and natural beauty? This is the fundamental question of our time‚ and the challenge is becoming more problematic as we add more people. Meanwhile‚ in every locality‚ it’s important to know how fast population is growing‚ so that we can build sufficient
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ROBBMC03_0132431521.QXD 2/8/07 3:57 PM Page 35 Chapter 3 Personality and Values The Big Five Model In contrast to the MBTI‚ the five-factor model of personality— more typically called the Big Five—has received strong supporting evidence. An impressive body of research‚ accumulated in recent years‚ supports that five basic dimensions underlie all others and encompass most of the significant variation in human personality.3 The following are the Big Five factors: ■ Extroversion—This
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Definition 1. “BCG matrix (or growth-share matrix) is a corporate planning tool‚ which is used to portray firm’s brand portfolio or SBUs on a quadrant along relative market share axis (horizontal axis) and speed of market growth (vertical axis) axis.” 2. “Growth-share matrix is a business tool‚ which uses relative market share and industry growth rate factors to evaluate the potential of business brand portfolio and suggest further investment strategies.” Understanding the tool BCG matrix is
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maximizing the capacity and also sales. As it is described in the chapter‚ the decision making process includes six stages 1‚ Identifying and diagnosing the problem * In wallingford’s case the problem is low profit performance. 2‚Generating Alternative Solutions * Here in our case we can have as many alternative as we can just to mention some of the alternative solutions 1‚ closing the business in the time when business is low. 2‚ Advertise the organization more . 3‚ Create effective
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1. The financial crisis of 2007–2008‚ also known as the Global Financial Crisis and 2008 financial crisis‚ is considered by many economists to have been the worst financial crisis since the Great Depression of the 1930s. It threatened the total collapse of large financial institutions‚ which was prevented by the bailout of banks by national governments‚ but stock markets still dropped worldwide. Major effects of economic downturn are stated as below: if the liquidity crisis continues‚ there could
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