Econ 204 Name Institution Date Question 1 Avatar: 218.1× 760.50/214.5 = 773.26 Titanic: 218.1 × 600.8/160.5 = 816.41 Star Wars: 218.1 × 461/60.5 = 1661.89 Shrek 2: 218.1 × 437.2/188.9 = 504.78 E.T The Extra-Terrestrial: 218.1 × 399.9/96.5 = 903.82 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | |Movies |Nominal Box Office |Year Released
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“Outline the components of any organization’s macro environment and give an example for each component of a current major operational change or industry trend”. Macro Environment: The factors outside of the industry that influence the survival of the company; these factors are not directly controllable by the organisation. (Elliot‚ Rundle-Thiele‚ Walker‚ p.48) Components of the Marco Environment: There are six (6) major components of which the macro-environment is made up of; 1. Demographic
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Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. The company’s macro-environment consists of six major forces that impact on organizations. The six major forces are demographic trends‚ economic trends‚ natural trends‚ technological
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Econ 340 10/10/2013 Assignment 6 Marginal Analysis and the Optimal Level of Quality 1.) The Standard cost of quality model is similar to the group size model because both models reach an optimal “size” or “level” of “perfection”. These models are similar because they both have a definition of what is technically perfect although there may be other complications such as overcrowding‚ lack of quality‚ or other available alternatives. In the Standard cost of quality model this “level
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The Macro-environment The macro-environment includes concepts such as demography‚ economy‚ natural forces‚ technology‚ politics‚ and culture. Demography refers to studying human populations in terms of size‚ density‚ location‚ age‚ gender‚ race‚ and occupation. This helps to divide the population into market segments which can be beneficial to a marketer in deciding how to tailor their marketing plan to attract that demographic. The economic environment refers to the purchasing power of
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Econ Final 1. A stock portfolio containing 80% common stocks is most likely to be appropriate for: a. 2. A single most important reason for investing is for: a. Retirement 3. Only the strongest‚ most stable and safe-return. a. Blue-chips 4. Companies whose earning have increased at an above-average level over the recent past are called. a. Growth Companies 5. Stocks whose price movements who tend to follow the business cycle are called: a. Cyclical Stocks 6. Stocks are really purchased
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MID-TERM EXAM: ECON 2123 (Macroeconomics) Professor Yong Wang 10am-12pm‚ November 3‚ 2012 NAME ID# Instructions. There are three parts (12 pages) in this exam. Justify your answers in Part 2 and Part 3. Don’ panic even if you …nd some question di¢ cult; it may be di¢ cult for others t as well. Allocate your time wisely: answer the easy questions …rst and do not dwell on a single question for too long. An important way to please your grader is to write your answers neatly. No electronic
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Econ 1011 Study Guide Opportunity Cost The opportunity cost is the cost of the forgone alternative. (If you have many alternative it is the one which has the highest value) Total opportunity cost / economic cost = Explicit cost + Implicit cost Production Possibilities Frontier - Points inside the PPF vs. outside the PPF - Shape of the PPF - Economic growth and PPF Law of Demand Other things remaining constant‚ the quantity demanded of a good rises when the price of the good
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Macro environment‚ one of the three key elements of the marketing environment explains the influences of broader societal forces. These major external forces are not controllable‚ but being aware of the environmental factors and its changes will be of great advantage for growing the business (Angela‚ 2012). In the travel business‚ the operation does not depend only on the internal functioning but is also affected by external factors. Wotif is also affected by these internal and external factors.
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SAU LECTURE NOTE ON ECO 213 INTRODUCTION TO MACROECONOMICS I COURSE OUTLINE 1. Nature and scope of macroeconomics • Macroeconomics defined • Why study macroeconomic • Macroeconomic theories • Relationship and interdependency of microeconomics and macroeconomics • Drawbacks of macroeconomics 2. National income accounting • Definitions • Concepts associated with national income •
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