ENVIRONMENT OF BUSINESS Economic Environment refers to all those economic factors‚ which have a bearing on the functioning of a business. Business depends on the economic environment for all the needed inputs. It also depends on the economic environment to sell the finished goods. Naturally‚ the dependence of business on the economic environment is total and is not surprising because‚ as it is rightly said‚ business is one unit of the total economy. Economic environment influences the business to a great
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Which five presidents did you think were the best with foreign and domestic policies? Have you ever thought about which president did best with this? There is some presidents that contribute more than others to our country. I think the three presidents that contributed the most to domestic and foreign policies of the United States government is Madison‚ Monroe‚ and Adams. First‚ James Madison was the first president to declare war in the U.S. According to his special message to congress about
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patient of what was discussed at the meeting so they can be sure they understood the message sent. Formal communication includes all the instances where communication has to occur in a set formal format. Typically this can include all sorts of business communication or corporate communication. The style of communication in this form is very formal and official. Official conferences‚ meetings and written memos and
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Q3 What are the difficulties in measuring GDP? A region’s Gross Domestic Product (GDP) is one of several measures of the size of its economy. The GDP of a country is defined as the market value of all final goods and services produced within a country in a given period of time. It’s also considered the sum of value added at every stage of production of all final goods and services produced within a country in a given period of time. The two terms GDP and GNP are almost identical. If consumer
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The word happiness can be defined as a mental or emotional state of well-being. Happiness is a feeling of satisfaction and pleasure. The topic of happiness is one that has been discussed over centuries by philosophers‚ clergymen and scientists inter alia. Their arguments have been based trying to properly define happiness taking into account what its causes are amongst other things. According to philosopher’s St. Augustine and Thomas Aquinas man’s last end is happiness. All men agree in desiring
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Answer: 3. List several services running on each computer? 4. Which host had the highest number of vulnerabilites? The least number of vulnerabilities? 5. Identify one high severity vulnerability for each computer (if there is one). Describe the vulnerability and discuss control(s) to minimize the risk from the vulnerability. Answer: one high severity vulnerability for each is port attack. vulnerability is a weakness which allows hacker to attack on system. Nessus is a vulnerability
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Business‚ society and government are placed in different situations depending on what the conflict may be. According to the case “Dickinson’s needle sticks”‚ all three different sectors were placed in a different position where society was seen to have no voice or empowerment. The society in this case were the nurses‚ patients and any health care workers using Dickinson’s needles. These sectors solved their conflicts through interacting with each other and finalise a resolution through many negative
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EQ: how did the domestic and foreign policies of George Washington’s presidency bridge the new nation together or tear it apart? George Washington was a president upon a hill. He set a first-rate example for future presidents by making difficult yet necessary decisions for the developing nation. His words and actions have resonated throughout history and can be seen through feats of other presidents. Some notable acts of Washington include his domestic and foreign policies‚ selection of the first
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competition. .But this is not the case. John Baybay‚ the senior strategy consultant and Blue Ocean Strategy expert of Impetus‚ describes how Krispy Kreme applied this business strategy and came out on top without having to come out with a new product or engage in different market: While others try to compete with the closest competitors‚ it begs to ask: “Are we really in the business to make the best donuts? Knowing that we already make the best donuts‚ do we even stop there?” The answer for Krispy Kreme
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Definition of GDP Total market value of All the goods and services Produced By the factors of production Located in a country During a certain period of time Except those produced by households for household consumption. 1 Total market value of GDP = P1 × Q1 + P2 × Q2 +∙∙∙∙ Q1 = 10 pounds P1 = $2/pound Q2 = 4 units P2 = $100 each GDP = $2 × 10 + $100 × 4 = $420 2 All the goods and services Don’t forget services. 3 Remember: Include ALL the goods and services produced
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