Microeconomic policy and princliples. Discuss the Economics of the war on drugs: The global war on drugs has been a downhill battle with no apparent success‚ which has also hailed devastating consequences for individuals and societies around the world. Since the initiation of the UN Single Convention on Narcotic Drugs‚ set up in 1961‚ and ex U.S. president Nixon’s declaration of war on drugs in 1971‚ billions of dollars and 10‚000’s of lives have been lost in this failing attempt to control
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Global 3PL Market 2014-2018 3PL is a business process through which companies outsource their logistics and distribution functions to a service provider that specializes in handling logistics functions such as transportation‚ warehousing‚ and freight and forwarding. A logistics service provider that provides these services is called a 3PL provider. Often‚ 3PL providers go beyond logistics and provide value-added services such as inventory management‚ cross-docking‚ door-to-door delivery‚ and packaging
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Domestic Business Environment [pic] Introduction India’s business environment has improved considerably after the initiation of economic reforms in early 1990s. Domestic and foreign investors are finding it easier to do business after the reforms‚ which are aimed at reorientation of the centrally-controlled economy to a market-oriented one in order to foster greater efficiency and growth. This is being done by introducing greater competition in the economy through progressive internal deregulation
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2a) Global real estate companies bring both positive and negative impact to the local market. On one hand‚ they encourage local economic development. As more real estate investments will be brought to the local economy‚ the capital inflow to the country‚ which can be used for country development‚ will increase. There will also be more choices of real estate projects for the local market‚ better decisions could be made for local development. On the other hand‚ global real estate companies extend
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In today’s global market the need for efficient and reliable tools is of great importance. One such tool that has helped man is that of the computer. With advances in technology occurring everyday‚ the computer is still at the forefront of today’s economic world. With the versatility to perform many different needs for different users‚ the computers future looks pretty bright. As an accounting major student‚ the accounting industry is one that is heavily immersed in computers
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International Business Chapter 1 Globalizing business What is global business International business (IB): (1) a business (firm) that engages in international (cross border) economic activities and/or (2) the action of doing business abroad. Multinational enterprise (MNE): A firm that engages in foreign direct investment (FDI) Foreign direct investment: investmen in‚ controling‚ and managing value-added activities in other countries Global business: Global business includes both (1) international
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2A)(i) Distinguish between change in demand and change in quantity demanded. 1. Change in demand means a shift of demand curve. i.e. the change is caused by factors other than change in price. 2. Change in quantity demanded is the movement along demand curve. i.e. the change is caused by change in price. 2A)(ii)Discuss any four factors which would affect the shift in demand. Change in demand can be due to below main categories other than the price of product as below: Price of substitutes:
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The basic economics of markets 1.7 Introduction Economic analysis is useful because of the importance of economic issues in the business environment. Anyone who has lived through the 2008-9 world recession can scarcely doubt how much we are all affected by these issues. Economic theories often use simplifying assumptions. Two of the most common assumptions are (a) that producers and consumers make rational decisions and (b) that we can change on factor whilst leaving everything else constant
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The legal factors that impact on tesco are the consumer protection sales of goods act. This means that tesco or any other business that sells goods to customers have to describe the goods accordingly which means that the product has to match the description of the product. The consumer protection act ensures that the goods that are sold are suitable for purpose and good quality. The national minimum wage act is the minimum pay that a business must pay to their employees: the workers are entitled
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Discuss ethical considerations related to research studies at the sociocultural level of analysis Two ethical considerations in the sociocultural level of analysis are the lack of informed consent and exposing participants to psychological harm. Since a goal of researchers in the sociocultural level of analysis is to investigate the interactions between people and their causes and reasons for it‚ the lack of informed consent is frequently seen in experimental research within this level of analysis
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