Medium of exchange is what a buyer uses to purchase either a good or service from a seller‚ in most cases this is going to be money. Money is an accepted medium of exchange because we know that we will be able to obtain goods and services if we have the money to purchase them. Unit of account is used to measure and record economic value. This means that we use this when the amounts will be measured in dollars and not the quantity of goods. The store of value is when someone will keep the money that
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Financial Institutions and markets TASK: TERM PAPER TITLE: COMMERCIAL BANKING IN KENYA PRESENTED TO: MRS. BOSIRE MARY PRESENTED ON: 19TH October 2011 ABSTRACT: This term paper analyses the commercial banking system in Kenya. In particular it focuses on the history of commercial banks from a general perspective then narrows down to Kenya’s context. It looks at the importance of commercial banks in Kenya‚ the roles/functions of commercial banks. It then focuses on the regulations that
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Angellie P. Manabat Humanities BS Psychology Ma’am Viray Different Mediums of Architecture Architectures has to do with the planning‚ designing and constructing form‚ space and ambience that reflect functional‚ technical‚ social‚ environmental‚ and aesthetic considerations. It requires the creative manipulation and coordination of material‚ technology‚ light and shadow. Architecture also encompasses the pragmatic aspects of realizing buildings and structures‚ including scheduling‚ cost estimating
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to the study 1 1.2 Problem Statement 3 1.3 Objectives of the Study 4 1.4 Research Questions 4 1.5 Significance of the study 4 1.6 Scope of the Study 4 1.7 Limitations 5 1.8 Organization of The Study 5 Chapter 2 6 2.1 Small Business Defined 6 2.2 Challenges of Small Business 6 References 8 1.0 Introduction Many businesses begin operations on a shoestring‚ and some entrepreneurs never seek bank loans or other outside funding. However‚ many new and established businesses lack the managerial
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The medium is the message. McLuhan tells us that a "message" is‚ "the change of scale or pace or pattern" that a new invention or innovation "introduces into human affairs." He always encouraged other people to look behind the scene and understand it. Here we consider example of theatrical productions. In general the message from these productions is not their music and plays but the tourism which means people travel more and more to see such kind of shows. On the other hand if we talk about
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The Medium is the Message There are many things that fill our heads other than our own thoughts in today’s society. Things like social networking sites keep people all over the world updated on the latest fashion trends and technology. While things like ad’s and billboards spread advertisements as far the eye can see. The media is everywhere‚ and it has a great influence on our lives. As said by Marshall McLuhan‚ “Our conventional response to all media‚ namely that is how they are used that counts
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11/12/2011 Anthro 208 Essay 1 2. First define “Shaman” and “Medium”. What do Shamans and Mediums do in Iceland? Then compare their activities in Iceland to that of at least one small-scale “traditional culture” or ethnic group you have seen or read about in our class. Difference between Shaman and Medium in Iceland Shamans and Mediums are very similar in their definitions. A medium is “a practitioner who intentionally communicates with the supernatural to find information” (1:262). While
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use by their pupils. 3. Lack of electricity;Many schools are still not yet connected to electricity; Kenya being a developing country‚ the government has not been able to connect all parts of the country to the national electricity grid. Consequently those schools that fall under such areas are left handicapped and may not be able to offer computer studies. 4. Computers are still expensive in Kenya‚ in a country with a GDP of $1600‚ majority of the individuals and schools cannot afford to buy a computer
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Introduction The essay below defines the process of communication and its mediums‚ outlines the main types of mediums‚ and describes why it is important to carefully choose the right way of communication when trying to deliver a message to recipients. Communication and its mediums. Communication is a very important aspect of everyday life. From the time we are born we are involved in this process. It’s one of the very first skills we learn in life‚ it’s something we do every day‚ and still the
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KENYAN WILDLIFE In Kenya‚ one of the most important assets is its spectacular wildflife. There are more than 80 major species of kenya wildlife and over 1‚000 different species of birdlife. Many visitors principally come to Kenya to view the superb and extensive panorama of the flora and fauna. Kenya does recognise the vital importance of its visitors who bring with them‚ among other things‚ the much needed foreign exchange and of course the thousands of jobs created as a result. Kenya is at the forefront
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