Assignment- 1 Introduction to Micro Economics 1.Will the problem of scarcity disappear over time as standards of living increase? 2.Distinguish between the Real and Financial flows that link product and factor market? 3.Why do we study Micro Economics? 4.Explain how the introduction of Govt. affects the circular flow of economic activity? 5.“Scarcity of Resources is the mother of all economic problems.” Discuss with example. 6.Why can’t you buy anything you want? What is
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Macro environments relates to the larger forces that have an impact on society as a whole and not just on one or a few organizations. A single organization cannot usually have a significant impact on these forces and therefore can only adapt its marketing mix to account for the opportunities and threats that arise. The company’s macro-environment consists of six major forces that impact on organizations. The six major forces are demographic trends‚ economic trends‚ natural trends‚ technological
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The difference between Management and Governance: Analysis in the context of Small and Medium Enterprises –SMEs. By Callixte NYILINDEKWE I. Introduction: Traditionally‚ corporate governance has evolved around the contract theory and agency problem based on separation of ownership and management (Dube‚ 2011). The benefits of this separation derive from the monitoring by the board of the CEO activity in the interest of shareholders‚ and generally in the interest of all stakeholders
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Ngirwa (2009)‚ defined training as a learning process in which employees acquire knowledge‚ skills‚ experience and attitudes that they need in order to perform their job better for the achievements of their organizational goals. It is the bridge between job requirements and employee present specifications. This
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Regional dialect 3.1 Definition and characteristics of regional dialects 3.2 Reasons for the appearance of regional dialects 4. Social dialects 4.1 Social dialects in relation to age differences 4.2 Social dialects in relation to sex differences 4.3 Social dialects in relation to difference of social class membership 5. An introduction to register (field‚ mode and tenor) 5.1 The field of discourse 5.2 The mode of discourse 5.3 The tenor of discourse 6. Conclusion 1.
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ESTIMATING PROJECT TIMES AND COSTS Estimating is the process of forecasting or approximating the time and cost of completing project deliverables. Cost‚ time‚ and budget estimates are the support for control. Project status reports depend on reliable estimates as the major input for measuring variances and taking corrective action. Inaccurate estimates lead to false expectations and consumer dissatisfaction. There are reasons why estimating time and cost are important. Below are the following:
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power onto those less fortunate for their personal gain. They exploit the subordinate groups for their valued resources‚ creating conflict between the two opposing groups. Weber says that‚ “There can be no
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Introduction Micro environment is the specific or the task environment of a business which affects its working or operations directly on a regular basis. While the changes or transformation in the macro environment will affect the business in the long run‚ the effects of changes or transformation in the microenvironment will be noticed immediately as it is near to the internal part of the business itself. Let us take a roughly look at the macro environment just to get the rough
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Traditionalists (mature/ wwii generation) born between 1922 – 1943 The older and more experienced. These employees have respect for the rules. They are confrontable with tradition ways and rarely open for a change. They are known to be “technology impaired.” Unlike the younger generation growing up with mobile devise they aren’t as familiar with computers and other technology. Mature/World War II Generation Members of the Mature/WWII Generation (born before 1946) are 67 years or older. Although
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11th National Convention on Statistics (NCS) EDSA Shangri-La Hotel October 4-5‚ 2010 ESTIMATING INFORMAL SETTLERS IN THE PHILIPPINES In the Housing Backlog Study commissioned by the HUDCC‚ the Consultants prepared the estimates of Informal Settlers in the Philippines. According to the Spatial Statistics of Informal Settlers in the Philippines component of the Study‚ informal settler families reached an estimated 550‚771 households as of August 1‚ 2007. This is based on the extrapolation made using
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