value in 2009 was $747.15B) and is exposed to many external factors‚ especially economic development in a main export market. Our main trading partners are: Malaysia China Euro zone USA Indonesia – 11.9% – 10.4% – 11.1% – 6.5% – 9.4% These 5 regions accounted for 50% of Singapore’s total trade‚ of which the US‚ Euro zone and China contributed 28%. Any negative economic news in these 3 regions will have sizable impact on our economic development. The US economy grew at a lower 1.5% in Q2 compared
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There are numbers of factors that affect voter turnout. There are voters who are only interested in the presidential; however‚ there are voters who are interested in all elections. A simple factor of a low turnout can be as simple as the lack of interest of voters. One’s age‚ gender‚ and transportation to the polls is a factor. The weather plays a factor in the turnout of an election; a bright sunny day will have a higher turnout while a rainy‚ cold‚ and snowy day has lower turnouts. Socioeconomic
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Some coastal areas are affected more by socio-economic issues than environmental needs‚ or vice versa. However‚ opportunity costs need to be considered when managing coastal areas‚ where both socio-economic and environmental needs should be met. One place where the need to manage the environment is more necessary is in Dubai. However‚ socio-economic issues were highlighted as being more important in Pevensey Bay and the Isle of Wight. Meeting the environmental needs are pivotal for two places with
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Cultural Factors Affecting Business Development TK Maxx Entering Japan Individual Report International Management SZ376U Introduction As with most international products and services decisions an organisation can either adapt or standardise their promotional strategy and message. Basic marketing concepts inform businesses that they will sell more of a product if they aim to meet the needs of their target market. In international markets‚ consideration of the consumers cultural background‚ buying
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Economic Definition of the Four Factors of Production by Osmond Vitez‚ Demand Media Economic resources are the goods or services available to individuals and businesses used to produce valuable consumer products. The classic economic resources include land‚ labor and capital. Entrepreneurship is also considered an economic resource because individuals are responsible for creating businesses and moving economic resources in the business environment. These economic resources are also called the factors
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It is highly important for all international companies to understand that business culture in China is based on strong family networks or cultural ties secured in "quanxi" connection (Huang‚ 1987). This form of Chinese culture is heavily influenced by Confucianism‚ Taoism and Cultural Revolution. Under the cultural acceptance‚ good business practice in helping family and close associates and building relationships prior to doing business deals. Fei ’s (1948) framework also illustrate the
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give examples of success stories based on China’s market. Apart from China’s sophisticated with complex economic and political system‚ China also demonstrate interesting trends in several different prospects of society that are often neglected by intellectuals. There main focus is always on economic and political reform‚ But in this essay main focus is on the china’s population and the cultural rituals of family‚ gender and marriage. To add more‚ further elaboration will be addressed on the changing
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How changes of the Socio-Cultural Environment Gave Rise to Different Artistic Interpretations by Géczi Kristóf HOW Changes of the Socio-Cultural Environment Gave Rise to Different Artistic Interpretations 1 Outline 3 Introduction 4 Chapter one: Social Cultural Environments in Art through Periods 5 Chapter two: Pietro Lorenzetti versus Carlo Maria Mariani 6 Conclusion 9 References 10 Outline Art is supposed to be a form of communication in different
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Systems Thinking: Answer to Learning Disabilities ------------------------------------------------- Introduction The average life expectancy of traditional organizations is only about 40 to 50 years (Stephen‚ 2000). This is because they usually have tendencies to be retrospective and reactive‚ instead of being prospective and proactive (Cathon‚ 2000). ‘Retrospective’ in a sense that organizations respond to agents that are only currently present in their situation‚ similar to a passive
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“True individual; freedom cannot exist without economic security and independence. People who are hungry and out of a job are the stuff of which dictatorships are made.” -Franklin D. Roosevelt Economics assume that people have wants and needs‚ and then study how societies are organized to supply them‚ trying to establish whether one method is better than another. Economics studies human welfare in terms of the production‚ distribution‚ and consumption of goods and services. While there is a considerable
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