small micro-organism that cannot be seen through naked eyes but only through the use of a microscope. Some of the Micro-organism in the environment include; bacteria‚ viruses and fungi to mention but a few. Whereas some Micro-organisms are associated with causing of diseases others are known for destroying the balance in the ecosystem. However‚ this is not always the case because some of them are useful in recycling important nutrients back into the ecosystem. Just like human beings‚ for micro- organism
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Task The chancellor said employers would be forced to pay staff a minimum of £7.20 an hour from next April 2016‚ and raise wages by 6% a year on average to around £9 an hour by the end of the year 2020. 1. How the changes to minimum wage could possibly affect the unemployment rate 2. What will be the macroeconomic effects of minimum wage change in the economy? Introduction In this report I am going to highlight how the increase of the minimum wage could possible affect the unemployment rate and
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Macro & Micro Marketing Planning & Strategies by Leigh Richards‚ Demand Media Marketing strategy must be considered at the micro and macro levels. Related Articles Five Marketing Strategies for the Small Business What Is Marketing Strategy Planning? Examples of Strategy in Marketing Planning Relationship Between Strategic Planning & Marketing Strategies Hospitality Marketing & Communication Marketing Strategy & Structure Effective marketing incorporates macro and micro-marketing strategies
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Micro Economic Exam Long Run versus Short Run 1. Introduction Competitive market equilibrium is the traditional concept of economic equilibrium‚ appropriate for the analysis of commodity markets with flexible prices and many traders. It relies crucially on the assumption of a competitive environment where each trader decides upon a quantity that is so small compared to the total quantity traded in the market that their individual transactions have no influence on the prices. This paper
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from the insured (called premiums)‚ the insurer agrees to pay the policy holder a sum of money upon the occurrence of a specific event. In most cases‚ the policy holder pays part of the loss (called the deductible)‚ and the insurer pays the rest. Examples include car insurance‚ health insurance‚ disability insurance‚ life insurance‚ and business insurance. Types of insurance: a. Assets & revenue insurance b. People insurance c. Liability insurance Assets & revenue insurance To protect your
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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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so that the organization can predict trends. The Macro Environment There are a number of common approaches for how the external factors‚ which describe the macro environment‚ can be identified and examined. These factors indirectly affect the organization but cannot be controlled by it. One approach is the PEST analysis. The PEST analysis is a political‚ economic‚ social‚ and technological analysis that describes the framework of macro-environmental factors used in the environmental scanning
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Micro insurance Micro insurance is the key element in the financial services for people at the bottom of the pyramid. The poor face more risks than the well off‚ but more importantly they are more vulnerable to the same risk. Usually the poor face different type of risks i.e. Household type‚ drought and epidemic etc. To combat these risks‚ the poor do‚ proactive risk manages meat like grain storage‚ savings‚ assets accumulation loans from friends and relatives. Micro insurance provides greater
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would reduce trade barriers and stimulate economic growth. Such conditions were reduced social expenditures‚ resource extraction‚ opening of domestic markets to foreign investments. In reality SAPs wanted decreased government intervention in the economy and for an embrace of global free market forces. The results of these reforms for many of the countries actually resulted in them falling deeper into debt without experiencing the satisfaction of economic growth. When Yunus came across the many impoverished
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Country Risk Assessment through Macro level factors: Foreign business operations and investments are affected by societal actions and policies‚ as well as‚ governmental regulations and restrictions; macro level factors act external to the company and are quite uncontrollable Youtoi must be conscious that these factors do not affect the marketing ability of the concern directly but indirectly the influence marketing decisions of the company. These are the macro level factors that should be obtained
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