flies by‚ Malaysia is now occupied by quite a number of other Hypermarkets like Tesco‚ Giant‚ Carrefour and Mydin. All this bring choices to the consumers in Malaysia as all these Hypermarkets are competing with each other. Retailing is one of the factors that bring growth to Malaysia Growth Domestic Product (GDP) and with more Hypermarkets coming up‚ so do the GDP of Malaysia. The market structure of hypermarkets in Malaysia belongs to oligopoly. The market structure characteristics of oligopoly
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1. Distinguish between Micro economics and Macro economics. Microeconomics may be defined as that branch of economic analysis‚ which studies the economic behavior of the individual unit‚ maybe a person‚ a particular household‚ or a particular firm. It is a study of one particular unit rather than all the units combined together. In microeconomics‚ we study the various units of the economy‚ how they function and how they reach their equilibrium. An important tool used in that of microeconomics is
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Unit 6004 - Leading equality and diversity Introduction This unit is about organisational commitment to equality and diversity‚ and its application and support throughout the organisation. It aims to explore the needs of individuals and how this is demonstrated in behaviours and conduct. Scenario Learners may use their own employment context‚ or that of another organisation with which they are very familiar‚ to base their assignment. However‚ in the case that they are not able to
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ANIMAL FARM ESSAY “The tragic consequences of the rebellion on Animal Farm could have been prevented” What did go wrong on Animal Farm? In George Orwell’s book ‘Animal Farm’‚ many things went wrong. Many agree that the consequences depicted in the book could have been avoided‚ but what really caused these tragic happenings? Did these consequences occur solely because of Napoleon’s dictatorship‚ or did the animals willingness to cooperate
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Dannicah S. Blk 2.3 Rebellion of 1837 After learning about the rebellion of 1837 and constantly taking notes‚ I realized the rebellion was not successful in overturning the government but it did unite both Upper and Lower Canada together. This was able to take away any differences of the two cultures‚ English and French. The impact did not happen immediately as intended though. In fact it caused the government to get back at the reformers and concentrate more on their punishment such as transportation
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the opportunity cost‚ unemployment‚ discouragement of investment and savings‚ and shortage of goods. Positive effects include the reserve bank adjust their real interest rates and encourage investment in non-monetary capital projects. However the economics in today’s time believe that an economy is said to be in a favorable and a stable condition only if the inflation rate is steady or favorably low(as compared to zero or negative). Most of the most developed countries have managed sustain an inflation
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COURSE: BACHELOR OF COMMERCE (BCOM) UNIT: INTRODUCTION TO MACRO-ECONOMICS QUESTION: MICRO-ECONOMICS AND MACRO-ECONOMICS INTRODUCTION Economics is the foundation of all commercial activity and comprises two areas: microeconomics and macroeconomics. Macroeconomics is concerned with the big picture‚ for example‚ the national economy and gross domestic product. By contrast‚ microeconomics is concerned with the small picture and focuses on theories of supply and demand. Microeconomics is
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The Boxer Rebellion What was the effect of the boxer rebellion on the Qing dynasty? Qing Dynasty: Founded by the Jurchen Aisin Gioro clan in Northeastern China In the late 16th century‚ Nurhaci‚ originally a Ming Vassal‚ began organising jurchen clans into “Banners”‚ military social units. Nurhaci formed them into Manchu people‚ and people‚ especially foreigners‚ called Northesast China Manchuria. In 1636‚ his son Hong Taiji began driving Ming forces out of Liaodong and declared a new dynasty‚
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Australian dollar has resulted in a decrease in export income as Australian exports have become more expensive in the global market in terms of other currencies leading to a worsening Current Account deficit. Imports have become cheaper‚ encouraging increased spending on foreign goods and discouraging spending on domestic production‚ leading to a deterioration of the Current Account deficit. Australian investments carried out overseas have lost value due to the appreciation‚ reducing the proportion
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Classifying the Americans “We want rights‚ we want rights.” People in america after the war would protest against the government.Such protest is known as shay’s rebellion. They were controversial for some people. Although Many people and documents state Shay’s rebellion are reckless rebels‚ Nevertheless they should be seen and recognized as freedom fighters because‚ they stood up for others‚ they aimed to help their country‚ and kept the gov’t aware of the needs of the country. To demonstrate
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