Chapter 1: The Power of Markets What are the two basic assumptions that economists make about individuals and firms? Economists have two basic assumptions which keeps the economy in check. One is that people try to make themselves as versatile as possible maximizing their overall potential. The other is that a firm would do what it needs to make the most profit possible. What is the role and significance of prices in the market economy? Prices in a market economy are very important. Price allows
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Course : GDM 2nd Sem Sub : Corporate Law Q.1. In the following statements only one is correct statement. Explain Briefly? i) ii) iii) An invitation to negotiate is a good offer. A quasi-contract is not a contract at all. An agreement to agree is a valid contract. Ans : i) Incorrect : - Its not an offer only an indication of a willingness to consider any offers and counter offers. ii) Correct : A quasi contract is a fictional contract created by courts for equilable‚ not contractual
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1. What network topology has the inherent weakness of a single point of failure The Star physical network 2. Define "networking standard" The details of what a networking topology does and how it does it 3. "De facto standards" No particular standards‚ they are established as a matter of practice 4. About how many bytes are in a kilobyte (KB) 1000 bytes 5. Convert to decimal "00101011" 43 6. A single hexadecimal digit is equivalent to ______ binary digits 4 7. How are "Voice
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Management Accounting PART-A Q. 1. State three points of similarities between financial accounting and cost accounting. Ans. Both financial and cost accounting are interdependent and their co-existence enables businesses to compute costs and sales realistically‚ properly and most importantly helps them to avoid loss some of similarities are mentioned below 1 Reports Financial accounting is used to produce reports that include financial statements‚ including the balance sheet‚ income
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Neriff Jay E. Baraquia Email Address: neriff_21@yahoo.com Address: Zone 3 Brgy. Baldoza‚ La Paz‚ Iloilo City Contact No: +639307125263 Educational Background Degree Obtained : Bachelor in Journalism West Visayas State University College 2009 to 2013 College of Mass Communications La Paz‚ Iloilo City‚ Philippines AlpaCrest Academy Incorporated Secondary 2006 to 2009 La Paz‚ Iloilo City Iloilo National
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Zappos seems to be well positioned to have a competitive advantage over other online retailers. What challenges discussed in Chapter 1 pose the biggest threat to Zappos’ ability to maintain and enhance its competitive position? How can human resource management practices help Zappos meet these challenges? To maintain and enhance its competitive position in the market‚ Zappos tries to achieve its goals by providing best online service to customers in terms of all the products they offer and by taking
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YEAR TEN ENGLISH I’M NOT SCARED ASSESSMENT TASK C Level You are to produce a detailed plan and an essay that contains at least one quotation per body paragraph‚ choosing from ONE of the following topics. [500-600 words]. 1. Discuss the various kinds of fear faced by the major characters and assess the extent to which they overcame them. OR 2. Why does Michele continue to love and respect his father‚ despite knowing what his father
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1. What is IT infrastructure and what are its components? IT infrastructure is the shared technology resources that provide the platform for the firm’s specific information system specifications. IT infrastructure includes hardware‚ software‚ and services that are shared across the entire firm. Major IT infrastructure components include computer hardware platforms‚ operating system platforms‚ enterprise software platforms‚ networking and telecommunications platforms‚ database management software
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1. Explain why‚ conceptually atleast‚ IR seems to infer disagreement between employer and employee? Conflict‚ they say is inevitable‚ wherever there is human interaction. Since each individual works for his own interest and profit‚ It becomes quite difficult to accept a situation which is not in line with their interests and beliefs. Similarly in organizations‚ what motivates disagreements between employers and employees is the idea that the company goals are not in line with the goals of the employee
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3. Cash equivalents are described as the balance of the Cash control amount combined with the control account for purposes of balance sheet presentation. These liquid short-term investments‚ such as U.S. Treasury bills and money market funds‚ qualify because the are considered very safe‚ have a very stable market‚ and mature within 90 days of the acquisition date. Because these items are so similar to cah‚ they are combined with it on the balance sheet. 6. Two items that are often encountered
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