earns a living (Dictionary.com). Unemployment‚ however‚ refers to people without work who are actively seeking work and are currently available for work (ABS). In 2017‚ Australia’s unemployment rate was 5.6% (CIA) while in Thailand‚ it was significantly lower at 0.7% (CIA). Thailand and Australia share many similarities and differences relating to employment and unemployment‚ including employment structure and employment and unemployment trends. Employment structure Employment structure refers to the
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Dining Cultural Differences between Canadians and Thais When your are in a restaurant in foreign countries‚ have you ever met the situation that made you stunted and did not know what you were encountering? Of course‚ everyone can be shocked by different culture. So do I‚ at the first time in Canada‚ it was difficult to describe that what is the right way to deal with Canadian culture‚ because Thai culture are obviously different in table setting and tipping. First‚ the noticeable dining culture
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- All firms are price takers - All firms have a relatively small market share - Buyers know the nature of the product being sold and the prices charged by each firm. - The industry is characterised by freedom of entry and exit. Perfect competition is a theoretical market structure. It is primarily used as a benchmark against which other market structures are compared. The industry that best reflects perfect competition in real life is the
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cement company in Thailand in terms of market share (40%) and revenue generated. It was established in 1913 and had since developed and changes as technology improve‚ while remaining true to its core philosophy. Outstanding customer relationship and continuous corporate social responsibility over the course of its foundation has undoubtedly earned an invaluable place in Thai people’s heart as the original domestic Thai cement company. The cement industry is in maturing stage. The market growth rate is
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Introduction Thailand has been renown as the "Land of Smiles". (EmbraceChiangMai‚ 2014) The country was known as SIAM until 1949 where the country name was changed to "Thailand". (HelloSiam‚ 2002) Thailand has been known as the land of freedom as the word "Thai" simply represent freedom as a result Thailand proudly declares that they were not colonised. This also allow Thailand to preserve its special one and only one culture‚ traditions and language. (Abercrombie&Kent‚ 2014) Thailand has become one
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The Federation of saving and credit cooperatives of Thailand Limited History Background * SACCO ( Saving and Credit Cooperative ) Was organized in 1949 * FSCT ( Federation of Saving and Credit Cooperative of Thailand ) was established in 1972 under the Cooperative societies act with supports from 81 SACCO * FSCT and SACCO were registered with Ministry of Agriculture and Cooperative. Also they were declared as Financial Institutes by the Notification of the Ministry of Finance in 1983
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with intense competition because new markets are developing and financial opportunities are sought. Association of South East Asian Nations (ASEAN) is one of significant players in the world’s economy for centuries. It has emerged strongly from the financial crisis offering the new opportunities for investors and businesspeople. The interest and attention of investment are moving to the ASEAN area more and more each year because of the available untapped market in the ASEAN and the potential of being
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Critically discuss Stuart Hall’s notion of race as a floating signifier‚ drawing on contemporary examples to help explain the concept. Stuart Hall’s idea of race as a floating signifier explains how race is a ‘classification of difference’ in human society. For Hall‚ the concept of race has been emphasized through meaning-making practices in society such as colonization‚ which cemented ideas of nationhood by excluding minority ethnic groups. Moreover‚ the fluidity of race as a signifier allowed
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Fiscal Policy‚ Debt and Budget deficits in Thailand The size of Thailand government debt To judge the size of Thailand government debt is to compare it to the debt of other countries and to the debt that Thailand has had during the own past. Table 1 shows the amount of government debt for 34 countries express as a percentage of each country’s GDP in year 2009 and year 2010.On the top of the list are the heavily indebted countries of Japan and Italy‚ which have accumulated a debt that exceed
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Situation 1: The motorcycle helmet market has 13 companies‚ and four firm concentration ratio of 26%. While the helmets have a variety of designs‚ they are sold at very similar prices. Recently‚ the death rate from head injuries in motorcycle crashes has been rising. The producers advertise their helmets as “effective‚” but some helmets withstand most falls and others are produced with materials that are more likely to crack in commonly experienced falls. The weaker helmets cost about $8 less to
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