Retail:-The selling of goods and services directly to consumers in small quantities. Retailing:-The activities involved in selling goods directly to consumers. ORGANISED RETAILERS:- Like department stores‚speciality stores ‚shopping complexes ‚ malls ‚ large scale multiple chains etc. Organized retailing‚ in India‚ refers to trading activities undertaken by licensed retailers‚ that is‚ those who are registered for sales tax‚ income tax‚ etc. These include the publicly traded supermarkets‚ corporate-backed hypermarkets and
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Types of Economies What is an economy? An economy consists of the economic systems of a country or other area; the labor‚ capital‚ and land resources; and the manufacturing‚ production‚ trade‚ distribution‚ and consumption of goods and services of that area. A market based economy may be described as a spatially limited social network where goods and services are freely produced and exchanged according to demand and supply between participants (economic agents) by barter or a medium of exchange
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ECONOMY OF NIGERIA Nigeria is a middle income‚ mixed economy and emerging market‚ with expanding financial‚ service‚ communications‚ and entertainment sectors. It is ranked 30th in the world in terms of GDP (PPP) as of 2011‚ and its emergent‚ though currently underperforming manufacturing sector is the third-largest on the continent‚ producing a large proportion of goods and services for the West African region. Previously hindered by years of mismanagement‚ economic reforms of the past decade
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Chris Rudy Issue analysis 4/29/20710 The global economy has expanded exponentially since the beginning of the 20th century. A very important issue that has come to develop in the last thirty years is the global economy more or less abandoned a fixed currency system and using the modern floating currency/exchange model in an attempt to regulate markets in the newly developed foreign market economy. But what effects‚ both positive and negative have there been in the adoption of a floating model
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On what will the economy of the United Arab Emirates be based after the termination of oil resources? Among the independent states in the region of Persian Gulf‚ there are many countries which have achieved essential economics success‚ using the resource factor in their development. The Federation of the United Arab Emirates is considerably the best one. Owing to the richest oil deposits and the competent policy of using the given natural resources‚ it took them only 30 years to become one of
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Background Israel was under British mandate untill May 14‚ 1948 when it declared its independence. The Israeli economy is highly diversified open-economy that depends on imports of raw materials‚ crude oil‚ gains and military supplies. In spite of having very limited natural resources‚ Israel has a highly developed agriculture and industrial sector. The Israeli economy mostly relies on exports (45% of its GDP) and services such as high technology equipment‚ agricultural products (vegetables
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BFF5915 – Individual Assignment Due Date: 5pm Friday 17th October This assignment is to be done individually. This means that you are required to answer the questions in the assignment on your own. The purpose of the assignment is to help you become more familiar with pricing options‚ using a specifically designed piece of software. The pricing of options is a very technical area‚ and most of us do not have the technical expertise to price options from first principals. Therefore in your working
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Simple subjectivism Simple subjectivism is when a person says that something is ethically or morally good or bad. This means that he or she supports of the thing‚ or disapproves of it‚ and not anything more. There is furthermore the basic idea of ethical subjectivism‚ and it is open to objection and approval as well. Simple subjectivism cannot be added up for a moral disagreement. For example‚ if somebody has confidence in that being gay is acceptable and somebody else does not have the confidence
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Transforming the Materials Economy Written by Alex Nicoll (http://www.newgreeneconomy.com) The Materials Economy The Materials Economy has been the driving force behind U.S. economics since the Second World War. The name refers to the raw materials from which its products are made. The marketing and sale of these products is what keeps the Materials Economy in motion‚ while exhausting natural resources and generating incalculable amounts of waste. Consumer products manufactured and sold in
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INDIVIDUAL ASSIGNMENT 1. Comment on the merit of the paper which is arguing for a separate HRM model for Oman? It is essential to have a unique HRM model specialized for Oman due to few important reasons. The first reason is the cultural influence and there is relationship between the HRM and the social principles‚ values‚ ethics and rules. Second‚ the cultural aspects must be respected when considering about HR philosophy. Nonetheless‚ the economic conditions are greatly important as there is
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