Factors of Production 1. Land 2. Labor 3. Capital (Money) is not actually considered as capital in economics as it does not produce a good and service but it is rather a form of asset that is used as a medium of exchange. 4. Entrepreneurship The 3 E’s in ECONOMICS 1. Efficiency refers to productivity and proper allocation of economic resources. 2. Equity means justice and fairness. 3. Effectiveness means attainment of goals and objectives. Types of Economic Systems To address
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Environmental Factors Heidi Wallen HSM/220 March 21‚ 2013 Environmental Factors The four external environmental factors are: economic factors‚ sociological factors‚ technological factors‚ and political and professional factors. The six internal factors are: organizational purpose‚ mission‚ and philosophy‚ Organizational planning‚ Organizational operations‚ Human resources‚ Technological resources‚ financial resources. Economic
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Key Factors Yvonne Perry Everest Online Key Factors Briefly describe the five key factors in selecting a good location for a "brick-and-mortar" retail store. Which of these factors do you believe is most important? Why? The location of a brick-and-mortar business is the key to the success of the business. There are five key factors in selecting a location they are customer accessibility‚ business environment conditions‚ site availability and cost‚ entrepreneur’s personal preference‚ and resource
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Environmental Factors Rod Mathill MKT 421 January 14‚ 2013 Ron Rosalik Environmental Factors One can make little argument that the current economic state of the world is largely dependant upon the whole rather than the one. The old days of a country being able to completely sustain itself are coming to a rapid conclusion. Information technology and global shipping and receiving abilities have really created a global link from one country to the next. The United States was at one time one of the
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Geographic Factors of 2 Nations Geographic factors affect the development of a specific region or nation in a couple of ways: 1) Climate affects how habitable a region is‚ and as a result‚ very few nations may survive in harsh climates and few may thrive in less-than-ideal climatic conditions. If you notice‚ the power in the world lies in the Norther Hemisphere. This is not a coincidence‚ but a result of the poor land fertility‚ high water scarcity and high disease outspread in tropic areas present
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open dispute between Great Britain and the thirteen original colonies. The focal issue that contributed to the revolution was that the colonists did not feel that they were being treated the way Great Britain ought to treat them. Indeed‚ the colonists expressed many social‚ political‚ and economical grievances that the British unlawfully thrust upon them. Specifically‚ there are several prominent causal factors that led to the American Revolution‚ such as revolutionary women’s roles‚ the Stamp Act‚
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Factors of WW1 The First World War‚ was a war centred in Europe that began on 28 July‚ 1914 and lasted until and ended on 11 November‚ 1918. One of the major event in the human history which was fought mostly by soldiers in trenches but later introduced the machine gun‚ poison gas‚ tanks and other weapons into battle which also helped humans to advance the technology for destruction of each other. Human curiosity and creatives ideas that helped us to be more civilized like industrialization
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Potential effects of different factors on development I am going to write about the following factors and how they may affect the development of an individual. · Rubella (Biological) · Cystic fibrosis (Genetic) · Smoking (Lifestyle) · Poor Housing (environmental) · Poverty (Socio-economic) Rubella & CRS Rubella is an infection also known as German measles. It is most common amongst children but may also affect adults. It is passed on through the tiny droplets in the air. If a pregnant woman
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Unit title: Promote child and young person development 4.1. Explain how own working practice can affect children and young people’s development: Own working practice can affect children and young people’s development in many ways. Children learn trough impersonation‚ so it is important to always keep in mind that they need to have good role models. When I am working with children‚ I always remember to be encouraging and trust worthy. When working with children I’m always evaluating and noticing
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Running head: CITIGROUP: GLOBAL AND DOMESTIC ENVIRONMENTAL FACTORS CitiGroup: Global and Domestic Environmental Factors - University of Phoenix MKT 421 Marketing Professor Smith March 1‚ 2009 Global and Domestic Environmental Factors Like any global organization doing business today; CitiGroup is feeling the pressure of an increasingly difficult business climate. Economic environmental factors caused by the mortgage crisis have taken their toll on Citi‚ both domestically and abroad
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