Opportunity cost F. Models are simplified versions of reality 1. Making some unrealistic assumption II. PPF Model A. Only 2 goods: computers and cars (don’t care about the cost yet) B. Resources and technological levels are constant C. Downward slope D. Moving to the right‚ more cars‚ less computers 1. Scarcity: more for one good‚ less for the other 2. Tradeoffs: not both‚ only either or E. Efficiency: using all resources → on the curve 1. Little inefficiency is living “inside the curve” – reality
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Chapter 1: Mesopotamia 1. In the Neolithic era‚ about 8000 B.C.‚ a new civilization and culture developed. The reason for this development was the change to hunting and gathering to cultivation of agriculture that permitted man to settle down permanently ending nomadic existence. 2. The Sumerians invented the first written language called Cuneiform. 3. Polytheistic Religion is the belief in many Gods. 4. Epic of Gilgamesh was the first literary story with a protagonist with a name and
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SOCL 151 PRINCIPLES OF SOCIOLOGY CHAPTER ONE – THE SOCIOLOGICAL PERSPECTIVE LEARNING OBJECTIVES 1. Define the following: sociology‚ types of functions: manifest‚ latent and dysfunction‚ positivism‚ science‚ hypothesis‚ reliability‚ variable‚ independent variable‚ dependent variable‚ theory‚ random sample‚ validity‚ and replication. 2. Discuss what the concept “sociological perspective” means to sociology. 3. Distinguish between micro-sociology and macro-sociology. 4. Explain how the
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METHODIST UNIVERSITY Abstract: The paper presents a 4-part case study designed to be used in introducing the subject matter of financial accounting to undergraduate students‚ to MBAs‚ or to executives in a participative and intuitive fashion. Part 1 introduces the theoretical constructs of accounting (e.g.‚ the entity‚ revenue recognition‚ valuation) and the fundamen~Is of balance sheet prepamtion‚ part 2 the topic of income measurement‚ part 3 the subject of cash flows‚ and part 4 the recording
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The Information Age in Which You Live: Changing Multiple Choice Questions 1. What does it mean to live in the "digital age"? A. Payment for goods is made with hard cash B. Living‚ working‚ learning‚ and playing in a digital world C. Accessing information over the Internet D. Being born after 1990 AACSB: Use of Information Technology Difficulty: Easy Learning Objective: 1 Taxonomy: Knowledge and Understanding 2. Why do we consider technology invasive? A. Technology
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CYPOP 5: Understand how to set up a home based child care service 1. Understand how to set up a home based childcare service. 1.4 Develop a marketing plan for own home based childcare service Ideally I am looking to childmind 8am to 6pm Monday to Friday as a home based childcare service and I am happy to take any child from the ages 6 months to 8 years keeping to my ratios of 6 children under the age of 8 at any one time. My first step will be doing a bit of research in my area to see what other
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I McDonald’s Expands Globally While Adjusting Its Local Recipe McDonald’s Corporation is a fast food legend whose famous golden arches can be found in 118 different countries. The company is the undisputed leader in the quick service restaurant (QSR) segment of the hospitality industry‚ with more than twice the systemwide revenues of Burger King. McDonald’s built its reputation by promising and delivering three things to customers: inexpensive food with consistent taste regardless of location;
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Name: Giles Peeters Theory Assignment 1 1. Understanding own role and responsibilities in lifelong learning 1.1 My role within London Stansted Airport is an Airfield Operations Team Manager. What is included within this role is a trainer for all London Stansted Airport winter training. This requires me to fully understand all the relevant legislation that applies to working and operating large plant within the airside area of an airport which is provided by the following organisations:
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1. Use the values given in the above triangle and find the value of B‚ b‚ and c. A. A+B+C=180 B. A+C=48+97=145 C. B=180-145=35 2. Two sides and an angle (SSA) of a triangle are given. Determine if the given measurements produce one triangle‚ two triangles‚ or no triangle at all. Sin B)/5=sin70/7 Sin B/5=0.9397/7 Sin B=0.6712 then B=42 or 138〗 B = 138 is impossible since 138 + 70 = 208 and exceeds 180 B=42 since 42+70 = 112 and less than 180 C = 180 – 112
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development (HCD). Employees felt that the more the HRM practices were put into practice‚ the more that employees’ performance improvement‚ perceptual development and satisfaction were improved. Factor analysis grouped HRM practices into three categories: (1) compensation management and information exchange‚ (2) training and development (T&D) management and (3) needs assessment. It is apparent that HRM in the telecom industry of Laos is not yet properly executed and executives involved in it had low attention
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