In what sense is this a ‘winner-takes-all’ industry? A “winner-takes-all” market refers to a market that is dominated by a single supplier and is subject to significant network externalities. Network externality in simplest terms is the value of a product to an individual customer that is affected and dependant on the number of other users of that product. Thoroughly assessing the case study we came up with the conclusion that the notion behind the market being considered a “winner-takes-all” market
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Bobby: For how many hours do you watch TV everyday? Aman: Mostly for one hour. On holidays I may watch for even two hours or more. Bobby: Why do you watch television? Aman: I watch it for information and entertainment. Bobby: Do you watch movies too? Aman: I don’t have enough time to watch movies. I hardly watch one movie a month. Bobby: Are movies good for our society? Aman: Most of them are not. They waste our time and energy. People don’t learn anything good from them.
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- Now‚ I’d just like to say that no other art form has had quite the impact on our lives that the motion pictures have. Cinema is one of the best types of art and cinematography is considered to be one of the rare wonders. To many people in the twentieth century that was the golden age of the cinema. - Yes‚ I agree entirely here. Indeed‚ the movies are truly an art of our time — they were born and have come of age in the twentieth century‚ and they now demand the serious consideration given to
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and imaginary part. The imaginary part is a multiple of i (where i =[pic] ). We often use the letter ‘z’ to represent a complex number eg. z = 3 +5i The conjugate of z is written as z* or [pic] If z1 = a + bi then the conjugate of z (z* ) = a – bi Similarly if z2 = x – yi then the conjugate z2* = x + yi z z* will always be real (as i2 = -1) For two expressions containing complex numbers to be equal‚ both the real parts must be equal and the imaginary parts
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Doctor: Hi‚ what seems to be the problem? Patient: I’ve been having a chest pain for about four hours. Doctor: Ok and did you have any other problems? Patient: Yes‚ during my sleep I was woken up by a pressure in the middle of my chest‚ and it spread to the left shoulder and back four hours ago. I also had shortness of breath‚ sweating‚ nausea‚ and vomiting. Doctor: The pressure in the middle of your chest is a retrosternal pain. Did you take any medication during that time? Patient: Yes‚ I
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My imaginary trip around the world If you had the possibility of choosing a destination for a free month’s holiday‚ would you choose a single place or visit different countries? Well‚ if that would ever occur to me‚ I would feel very excited and‚ at first‚ I wouldn’t know where to go. Both options have advantages and disadvantages: If I went to many different places my holiday would be more varied and exciting ‚ but if I chose one single place my knowledge of
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Receptionist : Taman Negara Resort Hotel. Good Morning‚ can I help you? Encik Mansor :Good Morning‚ this is Encik Mansor. I would like to make a reservation for four days three nights. Can you tell give me the exact location of the hotel? Receptionist : Oh‚ya!Our resort is located right within Malaysia’s premier national park. It is a natural sanctuary set in the best kept natural Rainforest
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Mohandas Karamchand Gandhi The man who led India ’s struggle for independence against Great Britain was Mohandas Karamchand Gandhi. He was born on 2nd October 1869 at Porbandar‚ in Gujarat. Gandhi studied law in London and became a barrister. He went to South Africa to work as a lawyer. The white people in South Africa treated the natives and the Indians settled there badly. He was distressed to see it. He fought for their cause for more than 20 years. He was a man of great courage and determination
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best describe Gandhi would be passionate and wise‚ because he is very knowledgeable and this quote may have many other interpretations. Gandhi may have related this quote into his life when he was fighting over the injustices of the British and this may have been the time during which he said this inspiring quote. There were many events happing that maybe this quote was meant to be about the British because in some ways they tried to control or dictate people as Hitler did too. Gandhi might have been
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Do you agree with the analysis in the Melian Dialogue about the relationship between strong and weak states‚ and between power and morality David Greer Thucydides can be seen as the first great Historian‚ and his "history of the Peloponnesian war"� is said to be the catalyst of the realist tradition. A question often asked‚ is whether Thucydides is a realist or not? He is merely recording a realist opinion? To answer the question‚ lets look at what Thucydides himself says. "And as for the real action
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