Chapter 7 Money is anything which people are willing to accept in exchange for goods and services. Barter involved exchanging or swapping goods or services which people already have for something else they need. For example a pig in exchange for a pair of shoes. This system was very complicated. Not only did you need to find someone who had what you needed‚ but he/she had to be willing to accept whatever you had to offer. To overcome this problem money was introduced. For example how many
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Facebook can have harmful effects on your teens and children including social disorders according to a recent study. Larry Rosen‚ a psychologist at Cal State Dominguez Hills‚ conducted a study recently which showed that Facebook can form unhealthy habits and even develop personality disorders in your children and teens. Rosen has been studying the effect of technology on people for more than 25 years. He’s recently studied social networking and its effects on children. He spoke about some of his
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Porter S.W.O.T Analysis Strengths TCAA (Billy Bishop City Airport) – The location of this airport‚ combined with the TCAA/Porter strategic partnership offered significant advantages to Porter. Owning airport infrastructure allowed Porter to better handle operational coast and better control the customer experience. Fleet – Only using a single aircraft (Bombardier Q400 with 35%) resulted in cost savings in maintenance‚ training‚ employee pay rate and airport fees. Amenities – In flight and
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Facebook is the most popular social networking of all time. The popularity of Facebook has increased drastically. Within 6 years Facebook has reached 1+ billion users milestone. Nowadays Facebook has become very important part of our life. It is helping us in many ways and also harming us in other ways. In this Article I will give you a very long list of advantages and disadvantages of Facebook. Advantages of Using Facebook # Facebook is free and it’s one of the best medium for communication.
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Facebook is the world’s largest social network used daily by millions of individuals world wide‚ but privacy and safety is far from this amusing social network. Facebook can be accessed by anyone‚ and anywhere‚ which makes it unsafe‚ risky and concerning. Individuals who make a facebook account have their private information displayed to the entire world‚ and even if they private their information‚ it can never be safe online. Facebook is accessible in some schools throughout the world‚ but it should
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Social networking is the rage of this age. Social networks are formed when people sharing certain interests including hobbies‚ religion‚ politics‚ etc.‚ coalesce into groups or communities. In modern times it refers more to online communities because this is where most social networks tend to exist. To facilitate such social networking‚ there are many websites. These social networking sites include Face book‚ MySpace‚ Orkut‚ Twitter‚ Fropper‚ etc. Such sites help people to keep in touch with each
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on the other hand it offers tools that helps users control this information. But‚ the point that many users fail to understand is that whatever the controls on offer‚ Facebook‚ at the end of the day‚ has access to all this information. The company is making use of all this information‚ to generate multi billion dollars. Facebook has received criticism on a wide range of issues‚ including‚ online privacy‚ child safety‚ hate speech and the inability to terminate accounts without first manually deleting
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Introduction: Five Forces Framework Porter’s Five Forces Model is a model that analyzes an industry to help develop a business strategy. The model uses five forces that have been identified to categorize an industry as intensely competitive or not competitive at all and this will then determine the attractiveness of the market.There are many features of an industry in which a company competes that determines the level of competition it will face and the profits it will get. The most famous classification
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Analysis of “Shipping Industry” in India Business Group: Container Line Compiled by: Ashok Lalwani Introduction: There are many factors which directly or indirectly affect the present day businesses like government policies‚ regulations‚ laws‚ human rights‚ competition‚ technology‚ international organisations‚ world trade bodies‚ child labour‚ minimum wage‚ pollution‚ accidents‚ risks‚ violence‚ security‚ labour‚ supplies etc. Therefore it becomes important for every business to determine
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Michael porter’s five forces analysis is a frame work for industry analysis and business strategy development formed by Michael E Porter of Harvard business school in 1979.Five Forces model of Michael Porter is a very elaborate concept for evaluating company’s competitive position. Three of porters five forces refer to competition from external sources and the remainder are internal threats .porters referred to this forces are micro environment to contrast it with more general term macro
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