Disadvantages 1. Loss of Freedom of choice - Citizens no longer have the choice to choose who governs them. They cannot vote in elections as it is all decided for them. 2. The Government will have absolute power. The government may not think in the best interests of the people. They may be more interested in building large lavish palaces for themselves than feeding their people. 3. The people may be oppressed by the regime as the government would be intent on keeping their power away from the
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Estimate the effect on income of each of the options Rowe has suggested if Bradley estimates as follows: a. Increasing the price to commercial customers to $1‚000 per hour would reduce demand by 30 %. Ans : - It is common to business manager in a business unit to adjust different variables (fixed cost‚ variable cost and price strategy) to maximize the bottom-line or top-line to either maximize profit or minimize the operation cost. Provided the data as below‚ 3 variable costs indentified‚ they
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E Commerce is one of the most important facets of the Internet to have emerged in the recent times. Ecommerce or electronic commerce involves carrying out business over the Internet with the assistance of computers‚ which are linked to each other forming a network. To be specific ecommerce would be buying and selling of goods and services and transfer of funds through digital communications • Ecommerce allows people to carry out businesses without the barriers of time or distance. One can log
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Is the Internet a sea of information or a source of human catastrophe or a forum for democracy or a source of rumors? President Lee Myung-bak‚ speaking at the June 17 ministerial meeting of the Organization for Economic Cooperation and Development which discussed the future of the Internet economy‚ said that the Internet without trust can be “a poison instead of medicine.” He expressed concerns about spam mails hiding under anonymity and the spread of lies and incorrect information that threaten
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Advantages of Credit Rating Different benefits accrue from use of rated instruments to different class of investors or the company. These are explained as under: A. Benefits to Investors 1. Safety of investments. Credit rating gives an idea in advance to the investors about the degree of financial strength of the issuer company. Based on rating he decides about the investment. Highly rated issues gives an assurance to the investors of safety of Investments and minimizes his risk. 2. Recognition
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Written exams b) Quizzes c) Dissertations and projects d) Instead of comparing the advantages and disadvantages of these assessment types‚ I would prefer to discuss assessment instruments I used in these assessments and talk about their merits and demerits. Assessment type Strength Limitations 1. Written exams 1. Good tool to assess students’ knowledge without guessing. 2. It forces student to think and articulate that thinking. 3. Take less time to create test as compared to MCQ
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BIO/GEO 353 - Marine Ecology - Spring 2013 – Syllabus and Course Description Note: The course web site is NOT on Blackboard. The URL is: http://life.bio.sunysb.edu/marinebio/bio353 For general information‚ consult the university academic calendar for spring. All downloadable exercises and assignments will be obtained from this URL. There will be no paper handed out in class after this syllabus. Please note: The powerpoint notes are not complete course notes and you cannot study only from
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Cricket: Cricket was first played in southern England in the 16th century. By the end of the 18th century‚ it had developed into the national sport of England. The expansion of the British Empire led to cricket being played overseas and by the mid-19th century the first international matches were being held. The ICC‚ the game’s governing body‚ has 10 full members. The game is most popular in Australasia‚ England‚ the Indian subcontinent‚ the West Indies and Southern Africa. Yes‚ cricket is the
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[edit]Proto-globalization Main article: Proto-globalization The next phase‚ known as proto-globalization‚ was characterized by the rise of maritime European empires‚ in the 16th and 17th centuries‚ first the Portuguese and Spanish Empires‚ and later the Dutch and British Empires. In the 17th century‚ world trade developed further when chartered companies like the British East India Company (founded in 1600) and the Dutch East India Company (founded in 1602‚ often described as the first multinational
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