1. In 2009‚ the imaginary nation of Florastan had a population of 8‚044 and real GDP of 36‚198‚000. In 2010 it had a population of 7‚800 and real GDP of 35‚880‚000. What was the growth rate of real GDP per person in Florastan between 2009 and 2010? a. -2.2 percent b. -0.7 percent c. 2.2 percent d. 4.5 percent 2. Which of the following statements is true? a. Productivity is calculated as hours worked divided by output produced. b. Americans have a higher standard of living than Indonesians because
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The formation of the debit and credit concept In this simplified form we can begin to see what the mathematician and Father of Accounting (Luca Pacioli) saw in 1494 when he codified the double-entry bookkeeping system. It is his codified system that outlined the rules for applying debits and credits when recording the financial transactions of a business in the double-entry bookkeeping system. Now remember that Luca’s book in 1494 was written and published in Latin and at a time when the concept
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BUSINESS STUDIES HUMAN RESOURCE MANAGEMENT Module One FUNDAMENTALS OF MANAGEMENT & ENVIRONMENT INTRODUCTION TO MANAGEMENT * Meaning of management * Levels of management * Types of managerial tasks * Managerial roles EVOLUTION OF MANAGEMENT * Evolution of management thought * Management theories BUSINESS ENVIRONMENT AND CORPORATE SOCIAL RESPONSIBILITY * Meaning of business environment * Types of business environment * Meaning of corporate
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Chapter 1 (2 & 6 p. 27) 2. What is the maximum amount you would pay for an asset that generates an income of $150‚000 at the end of each of five years if the opportunity cost of using funds is 9 percent? To find the maximum amount‚ we must determine the Present Value (PV) of the $150‚000 over the 5 years. PV=(150000/1.09^1)+(150000/1.09^2)+(150000/1.09^3)+(150000/1.09^4)+ (150000/1.09^5) = $583‚447.69 So‚ if costs exceeded $583‚447.69‚ then the asset would not be worth the price
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Selected objective question on Introduction to Computers with answer :Set 4 1. How many input lines are needed to construct 1024 bit coincident core plane? (a) 8 (b) 16 (c) 32 (d) 64 (e) None of the above. ANS: d 2. A digital computer is based on the principle of (a) measurement 1 / 23 Selected objective question on Introduction to Computers with answer :Set 4 (b) logic (c) multiplication (d) counting ANS: d 3. How many types of storage loops exist
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What Counts as ‘Theory’ in Qualitative Management and Accounting Research? By: Robert Hartono Qualitative research in the management and accounting disciplines rely in empirical work to gather information on organizational actions‚ events‚ structures‚ and process. This article will focus on what is theory‚ levels of theorization‚ how recent works related to the level of theorizing‚ the implications of defining different level of ‘theory’. It will also explain how ‘levels’ of theory relate to different
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The Need for Payroll and Personnel Records: Case Problem C1. Paychecks Kept Coming Ken‚ a salaried employee‚ was terminated from his company in April of this year. Business had been slow since the beginning of the year‚ and each of the operating plants had laid off workers. Ken’s dismissal was processed through the Human Resources Department‚ but the information was not relayed to the corporate payroll office. As had been the policy‚ checks for workers at remote sites were mailed to the employees
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Part 1 – Economic Impact on the Macro Economy Economics is an important part of the business world. There are different terms used in the business world that apply to everyday life in households. There are various factors that affect the economy such as gross domestic product‚ real GDP‚ nominal GDP‚ unemployment rate‚ inflation rate‚ and interest rates. These factors influence how people purchase groceries‚ whether businesses will conduct massive layoffs of employees‚ and a decrease in taxes
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Organizational boundary: Boundary which separates the organization from its environment. External Environment: Factor beyond the organizational boundary that effects it‚ for example: general and local economic conditions technology political-legal considerations social issues global environment issues of ethical and social responsibility the business environment itself The economic environment: The conditions of the economic system in which an organization operates. Key economic
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Table of Contents Question 1 1 1.1 Introduction 2 1.2 Offer 2 1.3 Counter offer 4 1.4 Option contract 4 1.5 Acceptance 5 1.6 Postal Rule 5 Question 2:. 7 2.1 What is Judicial Precedent? 7 2.2 Hierarchy of Precedents 8 2.3 Limitations and Types of Judicial Precedent 9 2.4 Advantages and Disadvantages of Judicial Precedent 10 2.5 Contributions of Judicial Precedent 12 3.0 References 14 Question 1 On 13 September‚ Fiona‚ a newly qualified dentist‚ receives the following
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