ESTABLISHMENT OF BARANGAY MICRO BUSINESS ENTERPRISES (BMBEs)‚ PROVIDING INCENTIVES AND BENEFITS THEREFOR‚ AND FOR OTHER PURPOSES Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled: PRELIMINARY PROVISIONS SEC. 1. Short Title. – This Act shall be known as the “Barangay Micro Business Enterprises (BMBEs) Act of 2002”. SEC. 2. Declaration of Policy. - It is hereby declared to be the policy of the State to hasten the country’s economic development by encouraging the formation
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THE UTILITY CONCEPT THE term utility refers to satisfaction a consumer gets from whatever goods and services he consumes. It will be useful to discuss between two utility concepts: (i) total utility (ii) marginal utility Total utility attained from a commodity refers to the sum total of satisfaction which a consumer receives by consuming the various units of the commodity. The more units he consumes‚ the greater will be his total satisfaction upto a certain point. As he keeps on
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What were the central political‚ economic‚ and social developments of the Hellenistic World? The Hellenistic era was the age of Alexander the Great and beyond roughly 300BC-30BC. One of Alexander’s generals was later appointed governor of Egypt and signified an end of the pharaohs of independent Egypt. This was the age of Cleopatra and lasted until the Roman conquests in 30BC. Alexander also appointed a governor for Babylonia as well. This was the age of the rise of the Roman Empire as
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CHAPTER ONE INTRODUCTION 1.1 BACKGROUND OF THE STUDY. The impact of manufacturing sector on the economic growth and development of any country cannot be overemphasized. This is because of its capacity to generate employment opportunities for various growths in the economy. Foreign exchange earnings‚ improvement of the economic wellbeing of the entire population etc. however‚ the survival of the manufacturing sector depends largely on varieties of factor among which include the availability of
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Democracy and Economic Development* Adam Przeworski Department of Politics New York University I examine the mutual relation between political regimes and economic development. An analysis of regime dynamics shows that while the paths to democracy are varied‚ once established for whatever reasons‚ democracies survive in developed countries. Contrary to long-standing arguments‚ political regimes do not affect the rate of investment and of the growth of total income. But since population grows
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OVERLOOKED TOPIC IN THE FINANCE MODULE OF SMALL BUSINESS MANAGEMENT AND ENTREPRENEURSHIP COURSES Submitted by Thomas J. Liesz University of Idaho (208) 885-5447 (office) tliesz@uidaho.edu Steven J. Maranville University of Houston-Downtown One Main Street Houston‚ TX 77002-1001 (713) 221-8524 maranvilles@uhd.edu Submitted to Small Business Institute Journal The authors wish to acknowledge the valuable comments of two SBIJ reviewers Small Business Institute Journal‚ Volume 1‚ 2008
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Introduction The existence of a chronic state of “underdevelopment” is not only a question of economics or the simple quantitative measures of income‚ employment and gini-coefficient.Underdevelopment is a real fact of life for two billion people of the world- a state of mind as far as a state of national poverty. Gaulet (1971) poignantly describes under development as a shocking; the squalor‚ disease‚ unnecessary deaths and hopelessness of it all. The condition of underdevelopment in its totality
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1A) What is the definition of opportunity cost? The best alternative that we forgo‚ or give up‚ when we make a choice or a decision is called the opportunity cost of that decision. 1B) Eason wants to spend $15 to buy a pack of sandwiches or a bowl of fish-ball noodles form a street hawker. Explain the effect on Eason’s opportunity cost of buying the sandwiches if a cockroach is found inside the noodle soup. Eason’s opportunity cost of buying the sandwiches is a bowl of fish-ball noodles‚ however
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IT in Small Business Success 1-Information Technology contributed in the success of Sew What? Inc. Examples: *Launching the company website. IT contributed by networking in this success. The demonstration of this conclusion: -they acquired clients from all over the world and their revenue has been growing more than 45% per year. *Running out most of their business with Intuit’s Quick-Books Enterprise solutions (which helps you to streamline the critical operations of your business and boost
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measure their performance .this paper introduces the main ideas of EVA. At the same time，it elaborates the significant advantages of EVA and it’s importance in Chinese. The first part Financial control ’s goal is enterprise managing finances hoped realizes the result‚ is appraises enterprise managing finances to move whether reasonable primary standard. For the consummation financial control ’s theory‚ the effective instruction financial control practice‚ must conduct the earnest research to the financial
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