I have always wondered why our country cannot just make lots of money to pay all of its debts and to distribute to all Filipinos. I was thinking that this way we won’t have to deal with poverty anymore. This way we will have enough money to pay everything. After researching and thinking about it‚ I realized how naïve I was. The government cannot just print out more money for it will drastically affect the balloon economy. For me to further elaborate my point‚ let us imagine a balloon. Not an inflated
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management Scientific management: these fundamental interests are the same since both benefit from each other (long term) Employer (high wages) benefits employee (low labor cost for manufacturing); vice versa Various viewpoints on this issue and how much employees should get paid for X amount of work Greatest prosperity = one reaches highest efficiency largest daily output Greatest permanent prosperity = each man and machine largest possible output and low cost (to gain max profit; more than
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The International Marketing Dilemma Standardization VS . Customization Spiderman Becomes an Indian Product Idea P&G – Connect & Develop Strategy • Develop brands tailored for similar consumer cohorts living in different countries‚ rather than producing strategies on a nation-by-nation basis – Consumers in Mumbai have more common with consumers in Shanghai‚ Tokyo‚ New York than with consumers in rural India • Expertise from one part of the globe to another – Taboos over feminine hygiene
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into the marketing mix In order to meet the grading criteria for M1 learners need to explain how promotion is integrated with the rest of the marketing mix in a selected organisation to achieve its marketing aims and objectives. Learners will need to have a thorough understanding of the marketing mix and then be able to apply it to the marketing aims and objectives of their selected organisation. Learners could complete the following activity to help them achieve these criteria. Marketing aims and
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planet we call earth. The country is so beautiful that their main source of income is tourism. Jamaica’s economy is extremely dependent on services‚ which is nearly 80% of their GDP. Not only does Jamaica depend severely on outsiders visiting the country but the economy faces challenges in growth of its economy. Problems such as high crime‚ corruption and unemployment is bringing Jamaica’s economy to an all-time low‚ as their debt to GDP ratio is more than 140%. To fix this problem the Jamaican government
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Maritime Trade‚ Global Economies‚ and the Megaports Initiative The purpose of this posting is two-fold. Part one is to describe the importance of maritime trade to global economies‚ and part two is to illustrate the importance of the Megaports Initiative to international trade. Part One: Obviously‚ global trade involves moving finished goods and heavy commodities over long distances. From both a tonnage perspective and value perspective‚ an overwhelming share of inter-hemispheric
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key elements of the marketing mix adopted by Ben Sherman in the fashion industry. We can define a marketing mix as a mixture of several ideas and plans to promote a particular product or brand. The key elements are often called the four P’s of marketing‚ which are namely Product‚ Price‚ Place and Promotion. These elements should be combined meticulously so that the product reached the desired market segment. Mr. Sherman marketing mixture is very efficient
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HISTORY OF GATT & THE WTO SYSTEM A BRIEF HISTORY OF THE GATT Beggar-thy-neighbour tariff policies of 1930s => WWII Bretton Woods Conference at the end of the WWII‚ finance ministers from the Allied nations gathered to discuss creation of a new monetary system that would support postwar reconstruction‚ economic stability‚ and peace. => IBRD & IMF => need for a third institution‚ ITO. 1940s: Representatives met to design a postwar trading system that would parallel the international monetary
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The absurdity of the methanol economy I had not actually heard of it‚ but a colleague mentioned it in the course of conversation: George Olah‚ the Hungarian-born U.S. chemist whose research is focused on hydrocarbons‚ strongly advocates the introduction of methanol as a chemical energy carrier. The basic idea is that‚ to be sure‚ we need to find a replacement for the short chain alkanes that constitute the major part of gasoline‚ aviation spirit‚ etc.‚ and which are used as the source of motive
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Marketing Mix The marketing mix for a product is a major factor in influencing whether a business can sell it profitably. The marketing mix is made up of seven interrelated decisions − the 7Ps. The four key ones are product‚ price‚ promotion (including advertising and packaging) and place (where and how a product will be sold to consumers). The other 3Ps largely relate to marketing services – people‚ process and physical evidence. Consumers require the right product. This might be an existing
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