Q. 1 Define the term “Mercantilism”. What are its salient features? Ans : - Mercantilism is an economic theory‚ thought to be a form of economic nationalism‚[1] that holds that the prosperity of a nation is dependent upon its supply of capital‚ and that the global volume of international trade is "unchangeable". Economic assets (or capital) are represented by bullion (gold‚ silver‚ and trade value) held by the state‚ which is best increased through a positive and healthy balance of trade with other
Premium French Revolution Louis XVI of France
Controversial Subject Rebuttal On August 29‚ 2005‚ the Gulf Coast was struck with one of the most unforgettable natural disasters in American History. The effects of Hurricane Katrina have been shattering and long-lasting. However‚ could the question been plausibly raised whether or not to rebuild New Orleans? Evidently it was. Lance Winslow‚ freelance writer‚ from California did just that in an article titled: Why did God Destroy New Orleans with Hurricane Katrina? Winslow states “Many
Premium New Orleans Louisiana George W. Bush
What do you thing a public etiquette is? Smoking‚ drinking or taking drugs; all won’t fit in to a natural habit of healthy living. Smoking is one of the bad habits that human beings have cultrate over centuries. In this essay “Smoking Is Good for My Business” written by David Ginsburg a professor of Medicine at Queen’s University‚ Ontario and a Canadian oncologist. In 1977‚ Duke University Medical School‚ Durham awarded him doctoral degree for physician. He won many prestigious awards for his work
Premium Cancer Tobacco smoking Lung cancer
OCR Business and Administration NVQ (QCF) UNIT 203 Title Work in a business environment Level 2 Credit 2 1.1 Describe what is meant by diversity and why it should be valued? Diversity should be respected and valued‚ because nobody is completely the same as anyone else. It is everywhere in our lives which makes rich and varied. In our lives diversity can be defined as differences in heritage‚ race‚ beliefs‚ customs‚ mental capabilities‚ physical appearances etc. It should be valued
Premium Value theory Business Sociology
Electronic payment systems overview of basic concepts credit-card based systems (MOTO‚ SSL‚ SET) electronic cash systems (DigiCash) micropayment schemes (PayWord‚ probabilistic schemes) Overview of basic concepts brief history of money traditional forms of payment – cash – payment through bank – payment cards Overview of basic concepts electronic payment systems – security requirements – basic classification © Levente Buttyán 2 1 A brief history of money barter
Premium Credit card Payment systems Money
1.0 Introduction/background The core of JWD’s business is offering other organizations a worldclass consulting service on project management. Joe Fleming‚ the CEO‚ wanted his company to share some information with its current and future clients through intranet site applications to support the firm’s business goals. 2.0 Business objective Continue to grow the business and make a big profit. To develop intranet site applications so that it can reduce internal costs by working more effectively
Premium Management Project management
Book 4 An Introduction to Marketing in Business Session 1 What is marketing? 1.1 The marketing concept: • Marketing is a business philosophy of doing business which start with a focus on customer needs and expectations. • The UK Chartered Institute of Marketing (CIM) defined marketing as: "Marketing is the management process which identifies‚ anticipates‚ and supplies customer requirements efficiently and profitably". • In 2004‚ the American Marketing Association (AMA) defined
Premium Marketing
1 – The Purpose of Business Activity The economics problem: needs and wants. Basically‚ all humans have needs and wants. Needs are things we can’t live without‚ while wants are simply our desires that we can live without. We all have unlimited wants‚ which is true‚ since all of us want a new PC‚ a car‚ new graphics card‚ etc. that we actually do not need to live. Businesses produce goods and services to satisfy needs and wants. Although we have unlimited wants‚ there are not enough resources
Free Economics
otherwise known as Donald Glover‚ recently released a song and music video called “This is America‚” that expressed his feelings toward what he thinks America has become. The video depicts shootings and uses lyrics such as “Yeah‚ this is America‚ guns in my area. I gotta strap‚ I gotta carry ‘em‚” and an explicit scene in which a black choir group was shot and killed. The music video was supposed to exemplify his point that America is not what
Premium Art Hip hop Culture
Women yearn for their voices to speak loud enough for the entire world to hear. Women crave for their voices to travel the nations in a society where they are expected to turn the volume all the way down. The world expects females to stay quiet and ignore the pain brought onto them from sexual crime. They do not dare stand up for what they believe in or discuss their experiences that bring them pain. Poets such as Ana Castillo and Lawrence Ferlinghetti describe parts of life that society often ignores
Premium Gender Sociology Woman