A recession is the contraction phase of business cycle. The official agency in charge of declaring that the economy is in a state of recession is the nation bureau of economic research. According to NBER the recession is defiend as “Significant decline in economic activity lasting more then a few months”‚ which is normally visible in GDP‚ real income‚ employment‚ industrial production‚ and wholesaler- retail sales. WHAT CAUSES RECESSION ? An economy which grow over a period of time tends to
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Interview Report Presented to Professor Arlene Trillanes Systems Analysis Design and Prototyping 1 Banto‚ Aaron-O-Niel S. Esguerra‚ Jaqueline Joy A. Zaldivar‚ Janine T. BSIT/INF101 2st Semester 2012 Company Profile Company Name: J-Rinc Enterprises Corporation Data Founded: January 8‚ 2002 Office Address: Unit 207-208 2nd Floor J & F Kingsville Commercial Arcade‚ Marcos High-way Brgy. Mayamot‚ Antipolo City TeleFax Nos: 645-3040/280-0843/280-1818
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CHAPTER 1 1. Internal expansion involves a normal increase in business resulting from increased demand for products and services‚ achieved without acquisition of preexisting firms. Some companies expand internally by undertaking new product research to expand their total market‚ or by attempting to obtain a greater share of a given market through advertising and other promotional activities. Marketing can also be expanded into new geographical areas. External expansion is the bringing together
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Review Questions Name ___Brian Ellison _________________________ Answer the following questions: 1) What is resource overallocation? Resource leveling is the project management function of resolving project resource over-allocation. By definition over-allocation means that a resource has been assigned more work than can be accomplished in the available time as dictated by the resource’s calendar definition. In most scenarios‚ over-allocations can be remedied manually by extending tasks
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There are lots of advantages for small business to do business on the Internet. Depends on the type of business‚ it is not necessary for everybody to do business on the Internet. Prior to the invention of the Internet‚ Large global firms could work on advances in accessing the newest technological information‚ exchanging information‚ and reaching international customers. The Internet can help diminish information asymmetry and permits small businesses to act like large global businesses. Firstly
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IMPACT OF EYE CONTACT IN BUSINESS C COMMUNICATIO ON 1 KAT THMA U UNI ANDU IVERS SITY S OOL O SCHO OF MANA MENT M AGEM IMP PACT OF E EYE C CONTACT IN BUS SINES CO SS OMMU CATIO UNIC ON Final Proje ect Sub bmitted By y: Bharat Koirala (133 316) macharya (1 13315) Prajit Karm Nissal Karki (1331 14) Sub bmitted To: Mr. Ram m Biresh Mahato Assist tant Professor KATHMA ANDU UNIVER RSITY SCHOOL O MANAGE OF EMENT MAY 2013 DISCLAIMER This report is based
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internet linked computer Research necessary equipment required to set up an internet linked computer. To make use of the Internet‚ a business must invest into the necessary equipment. First of all‚ there will need to be hardware in the shape of PCs that connect to the web‚ using either cabling or wireless technology. The costs of these are falling and if a business buys in mass‚ then the costs can be reduced further. In addition to the PCs there are the costs of cabling‚ modems or routers‚ and printers
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Namibia Regional Economics: FIN-111 Assignment 1 Question 1 a) Opportunity and sunk cost Opportunity cost is the value of the next best alternative that must be sacrificed when you make a choice and it applies everywhere. For Example: If a person chooses to use vacation time to travel rather than to do renovations on the house. Thus‚ the opportunity cost of the tour could be said to be the forgone home renovations. Sunk costs are costs that were incurred in the past and
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Date The Economic Recession of 2007 to 2009 Recessions are a normal part of the business cycle‚ which constitutes of recurring expansion and contraction of the overall economic cycle associated with changes in employment‚ income‚ prices‚ sales and profits. A business cycle consists of four phases‚ which include peak‚ recession‚ trough‚ and expansion. Once an economy reaches the peak‚ which is the maximum point of economic growth‚ it contracts and initiates a period of recession. Some of the notable
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The Global Recession and Workplace Malfeasance The great global recession has claimed many victims. In many countries‚ unemployment is at near-historic highs‚ and even those who have managed to keep their jobs have been asked to accept reduced work hours or pay cuts. In some cases—say‚ the U.S. auto industry—job losses have been predictable but no less painful. However‚ in other cases‚ they have come as a surprise. Norm Elrod had earned an MBA while employed at an online marketing firm. His degree
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