2.7 The Consequences of Counterfeiting Counterfeits represent a critical danger to shoppers. Dangerous fake merchandise can prompt wounds and diseases. In situations where fake products cause no physical mischief‚ purchasers are hurt monetarily when they are tricked into using their hard- earned money on a poor-working‚ low-quality fake product. In addition‚ since organizations must raise their costs to recover misfortunes from forging‚ the general population is compelled to pay higher costs for
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Chapter 8 The Economic Order-Quantity (EOQ) Model Leroy B. Schwarz Purdue University The economic order-quantity model considers the tradeoff between ordering cost and storage cost in choosing the quantity to use in replenishing item inventories. A larger order-quantity reduces ordering frequency‚ and‚ hence ordering cost/ month‚ but requires holding a larger average inventory‚ which increases storage (holding) cost/month. On the other hand‚ a smaller order-quantity reduces average inventory
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Maintain Order at Their Expense There are a vast number of different cultures in our world‚ but one thing stays the same among them all: each culture defines a certain set of rules‚ or “norms.” Society shapes the way people who belong to a particular group or area live and interact. Those who act differently and violate these imposed set of rules ultimately deviate from this norm and are therefore shunned away. Because these people are condemned or looked down upon‚ they act as bad examples to
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Evaluate the consequences of migration Migration is regarded to be the transfer of people from one place to another. This constantly increasing phenomenon is the result of different factors such as globalization or if we enter in more detail‚ what we call push and pull factors or even compulsory migration due to war or social complications. Nowadays‚ migration has become a subject of controversy. There is been in the last decades serious limitations to one the most important freedoms the human
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Unintended consequences are situations where an action results in an outcome that is not what is intended. The unintended results may be foreseen or unforeseen‚ but they are almost always logical or likely results of the action. These consequences could be positive or negative‚ but it is often said that almost all human actions have at least one unintended consequence. In other words‚ each cause has more than one effect‚ including unforeseen effects. A real-world example of this is the Treaty of
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confines him in the way of a prison‚ because his own expectations and character force him to overcome a difficult choice before acting on the duty he has for his father. This conflict of expectations stalls Hamlet by compelling him to question the consequences of his options and his loyalty to his father. When King Hamlet’s
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The Consequences of a Forgotten Invention There have been people who have influenced every person in the world yet a seldom few know their contributions let alone their names. Of these people was a man named Johannes Gutenberg; the man who invented the printing press. The printing press is one of those inventions that most people take for granted and do not realize their importance. Without the press we would still be handwriting every single copy of any book every written and so the question
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Greece: An Exit Strategy for a Failing Economy Group 30: Viktoria Pilinko Toms Andersons Jekabs Jurdzs Kipras Kazlauskas Edgaras Marcinkus Macroeconomics The Stockholm School of Economics in Riga April 19‚ 2012 1. Abstract In this report the authors look at the current macroeconomic situation of Greece. The report provides an insight on the combined effects of the global financial crisis and the European sovereign debt crisis on the Greek economy. A selection of statistical data
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in its consequences.’ In today’s rising society‚ where we experience people willing to strive to their maximum potential by any means necessary‚ it becomes blatantly obvious to why we often overlook the implications we inflict on others. We are sometimes aware of our actions‚ acting in spite or in fear‚ and sometimes ignorant to the situation‚ unaware of the consequences we deliver. The question is however – where does the importance of conflict lie – in its causes? Or in its consequences? It seems
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Some Consequences of Unemployment We often hear about the main causes for unemployment. When consumers buy fewer goods‚ shops and factories may have to reduce the number of workers or close entirely. As the government collects less sales tax‚ civil employees may likewise lose their jobs. Changes in technology may also bring about a rise in unemployment as workers are no longer needed in certain sectors. Natural disasters such as tornadoes and floods may cause so much damage that normal employment
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