Timings :1 hour TEST Max.Marks 58 Choose the most appropriate answer from the given options in respect of the following : 1)”Economics is the study of mankind in the ordinary business of life” was given by : a) Adam Smith b)Lord Robbins c)Alfred Marshall d)Samuelson 2)A capitalist economy uses as the principal means of allocating resources a)Demand b)Supply c)Efficiency d)Price 3)The commodity whose demand is associated
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logistics services and IT companies to provide support services. 2. Define m-commerce & discuss at least six drivers of m-commerce Mobile commerce or M-commerce that’s also known as m-business is defined as ‘any e-commerce done in a wireless environment‚ especially through the internet’. It is a natural extension to the e-business and it gives mobile devices an opportunity to create and deliver new services to existing customers plus attracting new ones. The six drivers of m-commerce are the widespread
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|Edexcel BTEC HNC/HND Business Management | |Unit Title: |Unit 1 |Date Issued | |Business Environment | |Week beginning 11/02/13 | |Student Name |Student ID |Due Date – 03/06/13 | |Lecturers Name: Ibrahim
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Demographic environment The phrase demographic environment is composed of two words‚ demographic which in turn comes from demography and environment. Demography is the study of the human population living in an area‚ their age‚ jobs‚ income‚ spending habits‚ ethnicity‚ and gender and so on. In terms of marketing and business‚ this study of human population actually leads to an identification of the potential customers. Businesses employ quite a few methods to identify potential customers for their
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Hong Kong’s Economic and Political Environment Hong Kong’s retrocession in the summer of 1997 was an event long prepared for‚ and built up to‚ in the minds of the territory’s citizens and residents. A significant number of the educated applied for overseas passports and left for more politically and economically stable environments in which to live and work; the "Brain Drain" was a significant problem for Hong Kong from 1984. Return to Chinese rule brought a promise from China that Hong Kong
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World Environment Day Speech by Hon’ble Minister for Environment and Forests His Excellency the Vice-President of India‚ Thiru. Bhairon Singh Shekhawatji‚ Prof. Yash Pal‚ the Eminent Scientist of the country‚ Thiru. V.K. Duggal‚ Special Secretary‚ Ministry of Environment & Forests‚ Young Environmentalists‚ Ladies & Gentlemen‚ It gives me great pleasure to be among you today on the occasion of the World Environment Day and the 25th Foundation Day of the National Museum of Natural History
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Economics of Legalized Marijuana in Amsterdam 1. What resources are involved in legalized soft drugs in Amsterdam? There are many resources involved in the market of soft drugs. Whether it be human resources or the plants itself. The use of cannabis products has been legalized ; every town has at least one "hash and coffee shop"‚ and the possession of less than 30 grams is not prosecuted by the police. In spite of the liberalization of the use of soft drugs‚ trafficking in cannabis products
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Macro environment‚ one of the three key elements of the marketing environment explains the influences of broader societal forces. These major external forces are not controllable‚ but being aware of the environmental factors and its changes will be of great advantage for growing the business (Angela‚ 2012). In the travel business‚ the operation does not depend only on the internal functioning but is also affected by external factors. Wotif is also affected by these internal and external factors.
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THE PHILIPPINE ENVIRONMENT introduction The Philippines is an archipelago comprising some 7‚100 islands with a total land area of almost 300‚000 square kilometres. Indonesia‚ Malaysia and Brunei border the Philippines to the south‚ China—and Taiwan—to the north‚ Vietnam to the west and the Pacific Ocean to the east. Three main island groups divide the country: Luzon in the north‚ the Visayas in the centre‚ and Mindanao in the south. Luzon and Mindanao together make up 65 per cent of the Philippines’
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each of these sectors are commonly termed consumption expenditures‚ investment expenditures‚ government purchases‚ and net exports. Aggregate expenditures (AE) are a cornerstone in the study of macroeconomics‚ playing critical roles in Keynesian economics‚ aggregate market analysis‚ and to a lesser degree‚ monetarism. In particular‚ aggregate expenditures are combined with the price level as aggregate demand. Aggregate expenditures are the total expenditures on gross domestic product. These expenditures
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