DEFINITIONS OF ECONOMICS In simple‚ economics is the scientific study of the choices made by individuals and societies in regard to the alternative uses of scarce resources which are employed to satisfy wants. Different views about economy are presented below. 1) Economics is what Economists do. John Maynard Keynes described what he thought economists do in Essays in Biography in 1933. An economist‚ he wrote‚ must possess a rare combination of gifts. He must be mathematician‚ historian‚ statesman
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An essay is generally a short piece of writing written from an author ’s personal point of view‚ but the definition is vague‚ overlapping with those of an article and a short story. Essays can consist of a number of elements‚ including: literary criticism‚ political manifestos‚ learned arguments‚ observations of daily life‚ recollections‚ and reflections of the author. Almost all modern essays are written in prose‚ but works in verse have been dubbed essays (e.g. Alexander Pope ’s An Essay on Criticism
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Bilingualism for everyone One of the definitions of bilingualism is using the term to define the native-like use of two languages by the same individual. Nowadays‚ being bilingual is important in every sense of the word. Being bilingual becomes important to be successful in life. In fact‚ only about 15-20 percent of Americans consider themselves bilingual‚ compared to 56 percent of Europeans. Speaking another language and knowing another culture is positive in your life. It can also help people
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products‚ making sure its customers are satisfied. There are many definitions of marketing. We will focus on four which will provide insight into how marketing is used in practice. There is one of the simplest accepted definitions of Marketing which is: “Marketing is the management of exchange relationships” (The celebrated American author of marketing textbooks‚ Philip Kotler). While clearly focused and concise‚ this definition emphasises the role of marketing in relating to the world outside the
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Definition of Strategy: The term “strategy” is usually used in two perspectives. As an adjective assigning particular important to some actions‚ activity or process‚ it is possible to speak of strategic management‚ strategic planning or decision making. These are all dreams to be activities‚ which are essential to the organization existence. It can also be used as a noun‚ to describe a path way along which the organization moves towards its goals or objectives. The term “strategy” stems from the
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Definition of Addiction "Addiction" can have several definitions depending on the situation and the setting. My sister is addicted to exercising because she does it constantly. Smokers are addicted to cigarettes because they crave them and feel like they can’t function without them. My grandfather is addicted to hunting because it is expensive‚ time-consuming‚ and he’s just doing it to seek pleasure. My grandmother hates hunting because it consumes up so much of grandfather’s time that he
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Corporate Social Responsibility Definition 2 What is CSR? a form of corporate self-regulation integrated into a business model process with the aim to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment‚ consumers‚ employees‚ communities‚ stakeholders and all other members of the public sphere to aid an organization’s mission as well as a guide to what the company stands for 3 a titled What is sustainable
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Definitions of EPR According to Karim (2008)‚ different terms are used in the literature to explain electronic patient’s healthcare data such as Electronic Health Records (EHR)‚ Electronic Patient Record (EPR)‚ Electronic Medical Record (EMR)‚ Computerized Patient Record (CPR)‚ and Computerized Medical Record (CMR). These names are given from time to time in different nations and in different healthcare environments. Abdul (2008) argues that EHR is different from an EPR/EMR that is longitudinal
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The origin of a words definition can often be traced back years‚ decades or even centuries‚ thus allowing enough time for manipulation of its meaning to occur to where eventually the word becomes a commonly used‚ often randomly with little regard to its primary meaning. Such is the word “ghetto”. This word can be traced back into sixteenth century and here the twenty-first century‚ this original word has become part of our culture‚ but its current definition is far from original.
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Operational definition Dictionary definition Product: is the service or goods the company produces. There are some elements added to the product aside from the product itself to make the customer attracted to it‚ such as wrapping. Product: something that is grown or made in a factory in large quantities‚ usually in order to be sold Price: is the amount of money that the customer pay to but the product‚ pricing is a very difficult task Price: the amount of money you have to pay for something
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