Money And Its Functions Term paper in macroeconomics Theme: Money and its functions in today’s economy Kopaeva Valeriya IFF 2-3 Contents Introduction 1. History of money 2.1 Barter 2.2 Commodity money 2.3 Standardized coinage 2.4 Fiat and credit money 2. Money and its functions and characteristics 3.5 Money as a measure of value 3.6 Money as means of exchange 3.7 Money as a means of accumulation and a store of value 3.8 Money
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Sir‚ To understand how the Basic Industries has achieved its return on equity over the past ten years‚ I have prepared Du Pont Analysis (Exhibit I). Return on Equity (without minority interest) has declined from 16.04% in 1985 to 17.47% in 1994. The main reason for the decline seems to be fall in Return on assets from 8.26% in 1985 to 6.87% in 1994. Therefore‚ Basic Industries has not been able to utilize its assets properly to produce its earnings. The fall in Return on Asset has been to an extent
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that‚ in today’s society the family is losing its functions. Many sociologists argue that since the Industrial revolution‚ after the pre - modern society that the family has lost many of its functions and some argue they haven’t. Parson and Dennis‚ functionalist sociologists argue that the functions that would have usually been performed by the family have now‚ in the modern society been removed from the family. They believe that these functions have now been transferred to other specialised institutions
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Concepts in Statistics. In this introduction‚ we will briefly discuss those elementary statistical concepts that provide the necessary foundations for more specialized expertise in any area of statistical data analysis. The selected topics illustrate the basic assumptions of most statistical methods and/or have been demonstrated in research to be necessary components of one’s general understanding of the "quantitative nature" of reality (Nisbett‚ et al.‚ 1987). Because of space limitations‚ we will focus
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Sociology 101 July 24‚ 2013 Structural Functionalism The structural theory sees the family as a social group that preforms certain essential functions for society. If these functions are not carried out then the family is odd or known to be dysfunctional. The family is like our body that has different parts and each part has a different function. The family is the backbone of the society and if it fails to pass on certain values and attitudes to its members then society will be affected. in
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MANAGEMENT FUNCTIONS The functions of management uniquely describe managers ’ jobs. The most commonly cited functions of management are planning‚ organizing‚ leading‚ and controlling‚ although some identify additional functions. The functions of management define the process of management as distinct from accounting‚ finance‚ marketing‚ and other business functions. These functions provide a useful way of classifying information about management‚ and most basic management texts since the 1950s have
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WAREHOUSE ACTIVITIES a) The Warehouse Functions The warehouse are a vital part of industrial or business concern‚ public and private undertaking‚ etc‚ and it must be designed to suit the particular needs of the organization concern. There is therefore no standard system‚ which can be universally recommended or applied‚ but of course of time‚ certain principle and practices of more or less general applications have been evolved. The warehouses in most organization
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Visual Basic Language History Visual Basic was founded by Alan Cooper who was also known as the father of Visual Basic. Originally‚ it was a simple shell that was nicknamed Tripod. Bill Gates later purchased Tripod and changed the name to Ruby. Ruby added a control box which could be used to add components or widgets. Later‚ in 1991‚ Ruby and Quickbasic came together to form Thunder. Thunder added drag and drop tool capability‚ codeless object GUI creations‚ and event oriented programming. Visual
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staffing‚ motivating‚ leading and controlling the resources of the organization. These functions also include counseling and coordinating with subordinates and peers. These resources include people‚ jobs or positions‚ technology‚ facilities and equipment‚ materials and supplies‚ information‚ and money. Managers work in an energetic environment and must foresee and adapt to challenges." Eight Managerial Functions Planning Planning involves selecting missions and objectives and the actions to achieve
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institutions such as education in schools have functions that are both Manifest and Latent. Merton defined Manifest functions as those objective consequences for a specified unit (person‚ subgroup‚ social or cultural system) which contribute to its adjustment or adaptation and were so intended (Merton‚ 1968). While‚ Latent functions as unrecognized and unintended functions (Sociology Guide‚ 2014). The proceeding write-up will discuss the manifest functions of education and how a Zambian teacher can
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