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    Totalitarian governments control every aspect of a citizen’s life. The totalitarian government in 1984 by George Orwell is similar to governments in today’s society‚ like North Korea. Both control citizens by dumbing them down‚ executing the ones who disobey‚ and having every move planned. In the early 1920s‚ Benito Mussolini coined the term totalitario. “Totalitarianism‚ form of government that seeks to subordinate all aspects of the individual’s life to the authority of the government.” Mussolini

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    The decisions of one firm therefore influence and are influenced by the decisions of other firms. Strategic planning by oligopolists needs to take into account the likely responses of the other market participants. Description[edit] Oligopoly is a common market form where a small number of firms are in competition. As a quantitative description of oligopoly‚ the four-firm concentration ratio is often utilized. This measure expresses the market share of the four largest firms in an industry as a

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    Managerial Theories of Firm Marris and Williamson’s Models Marris’ Managerial Thesis of Firm Marris has put forth a significant thesis of firm as per which the managers do not optimise profits but in its place as per him‚ they look for to optimise profits balanced rate of increase of the firm. Optimisation of balanced rate of increase of the firm entails optimisation of the rate of increase of demand for the commodities of the firm and rate of increase of capital supply. If I symbolises

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    1984 By George Orwell

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    George Orwell’s book 1984 was not a prophecy but a warning to future generations that their basic rights and liberties as guaranteed by our constitution are both fragile and are worth protecting from the state (Big Brother). Our government uses media and threats of violence in order for the masses to volunteer to give their rights away in the guise of safety. Government manipulates the media and controls the history of the world because they are in control of the present and thus control the reality

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    1984: Ignorance is Strength The novel 1984 reveals a society comparable to that of the year 1984. This society has progressed‚ and continues to progress in the direction pointed out by George Orwell. “Impossible!”‚ everyone says. “We would never allow ourselves to be controlled that way!” These same people go home and turn on their televisions in order to soak up some more “truths” presented by their “honorable” leaders. These

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    SERVICE FIRM COMPETITIVENESS Service firms must constantly improve themselves about quality and productivity in order to compete with rivals. Chase & Hayes created a table to describe the role of operations in the strategic development of service firms. This is an illustration of productivity and quality development. This table categorizes service firms into 4 stages of development according to their competitiveness. This table does not mean that services have to start at stage 1. A firm may start

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    1984 By George Orwell

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    society is one where the population is under complete control of the government. Through several means‚ the current society has become one where under government dominance‚ truth no longer prevails but is rather sought through publicity. George Orwell’s 1984 compares to today’s advancing world as truth is viewed as not significant and easily adapts to propaganda circulated through social media‚ television‚ and politics. To start off‚ social media greatly shapes the way in which people think and behave

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    marks) The law firm of Smith‚ Jones‚ and Greene provides accounting service for some of its clients. The person who handles this service and her secretary cost the law firm an average of $80‚000 per year in salary and benefits. Furthermore‚ the law firm incurs an additional charge of $50 per client for computer time‚ postage‚ and supplies. Clients are charged $300 a year for these accounting services. a) Determine the cost‚ revenue‚ and profit functions for the law firm in terms of the number

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    the model was that there were no economic profits in the long run. In a monopoly‚ the firm typically earns a positive economic profit. Why is there this difference? The lack of barriers to entry will allow competitors to enter the market unil economic profit is zero. These firms are price takers‚ and they cannot affect prices because their demand curve is horizontal. (4 marks) 2. Assume that a single firm in a pure competitive industry has a fixed cost of $6500 and variable costs as indicated

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    might be low (Mike‚ 2013‚ 19:10). The income elasticity is very important to firms in that it helps them to determine the kind of goods to produce at a particular time following the rooming income. Consequently‚ prices of goods will too‚ be determined in proportion to demand of such goods which is equally determined by the levels of income. It also allows firms to know the kind of employees to keep in employment as some firms look at rates of income of employees‚ for instance‚ long serving employees

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