multi-dimensional process involving major changes in social structures‚ people ’s attitudes‚ national institutions‚ acceleration of economic growth and reduction of inequality. According to Kindleberger‚ Economic development means an increase in output of goods and services in the economy. It is more important than economic growth because economic development is more comprehensive process than economic growth. Economic growth is a quantitative term as it represents quantitative increase in the production
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How can you apologize? Since a long time‚ there was a nice youth lives with his beloved wife in harmony and humor. They always wished to have a child to bear their names and to achieve their hopes. One day‚ and after a long time of waiting‚ the wife got pregnant. Time started passing slowly‚ moment after moment‚ day after day‚ week after week‚ month after month‚ and finally‚ Sabreen‚ the wife of Ahmed‚ delivered Luai‚ the child that they had been waiting for a long time. His parents
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Statistics can be very helpful in providing interpretation of reality but also can be used to distort our understanding. Discuss some of the ways in which statistics can be used or misused in different Areas of Knowledge to assist and mislead us‚ and how we can determine whether to accept the statistical evidence that is present to us. When you turn on the news‚ what do you hear? 1 in 10 people in South Africa have AIDS ‚ Unemployment Reaches New High of 9.3 Percent ‚ etc. Statistics is supposed
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on a number of other variables. Reflecting on the energy used‚ most companies have to be keen on the amount of carbon dioxide released by the type of fuels they use or risk fining by regulation bodies. This movement towards responsible behavior by companies has been debated for a number of years while some people disregard the responsibility by companies as corporate suicide (Tine 2012). Reviewing the article‚ Why companies can no longer afford to ignore their responsibilities‚ it is noticeable
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relevant to a child’s behaviour and their development as a child will behave in way that is either is positive or negative depending on the response to be rewarded or punished. This influences the learning environment which the child is in where they can learn in a certain way for different environments. The
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Explain how organisations respond to IT development Adopting business processes In today’s society IT is becoming more essential in everyday life. We use IT to contact people‚ to shop and to find information. Businesses are now trying to adapt to the ways of IT so they can build a stronger connection between their business and their consumers. One of the ways businesses are doing this is by introducing loyalty cards. Loyalty cards are basically cards that companies give you rewards and therefore
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industries with several players entering the market. Shopping in India have witnessed a revolution with the change in the consumer buying behavior and the whole format of shopping also altering. Industry of retail in India which have become modern can be seen from the fact that there are multi- stored malls‚ huge shopping centers‚ and sprawling complexes which offer food‚ shopping‚ and entertainment all under the same roof. India retail industry is expanding itself most aggressively‚ as a result
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ARGUE THE CASE THAT DESPITE RISK AND UNCERTAINTY‚ PROJECTS CAN CONTRIBUTE TO PROFITABILITY‚ GROWTH AND THE REPUTATION OF THE ORGANISATION. INTRODUCTION Risk is any factor that may potentially interfere with successful completion of the project. A risk is not a problem-a problem has already occurred; a risk is the recognition that a problem might occur. By recognizing potential problems‚ the project manager can attempt to avoid a problem through proper actions. Project Management is the skills‚
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Financial Ratios are useful indicators of how a company can show their performance measures and financial situation. These ratios are calculated by the information that is obtained from the financial statements of the business. These ratios can help analyze trends and compare the business financials to those of other like companies. Sometimes ratio analysis can predict future bankruptcy. These ratios can be shown as the following: Liquidity‚ financial leverage‚ asset turnover ‚ profitability
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Economic Policy Reforms 2012 Going for Growth © OECD 2012 PART II Chapter 5 Reducing income inequality while boosting economic growth: Can it be done? This chapter identifies inequality patterns across OECD countries and provides new analysis of their policy and non-policy drivers. One key finding is that education and anti-discrimination policies‚ well-designed labour market institutions and large and/or progressive tax and transfer systems can all reduce income inequality. On this basis
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