Econ 1011 Study Guide Opportunity Cost The opportunity cost is the cost of the forgone alternative. (If you have many alternative it is the one which has the highest value) Total opportunity cost / economic cost = Explicit cost + Implicit cost Production Possibilities Frontier - Points inside the PPF vs. outside the PPF - Shape of the PPF - Economic growth and PPF Law of Demand Other things remaining constant‚ the quantity demanded of a good rises when the price of the good
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HRM 107 Presentation – Friday 8pm History and introduction How would you like to know that the $125 shoes that you bought last month only cost $5 to make? Sweatshops‚ child labour and poor working conditions‚ these are the strong allegations that Nike Inc. has been blamed upon where lives are at risk‚ all for the production of sporty shoes and equipment Nike since the early 1970’s has been accused many times for enacting unethical OHS matters in many of their factories worldwide‚ by opening
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C H A P T E R 3 Chapter Goals • • • Become familiar with WAN terminology. Learn about different types of WAN connections. Become familiar with different types of WAN equipment. Introduction to WAN Technologies This chapter introduces the various protocols and technologies used in wide-area network (WAN) environments. Topics summarized here include point-to-point links‚ circuit switching‚ packet switching‚ virtual circuits‚ dialup services‚ and WAN devices. Chapters in Part III‚ “WAN
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Feasibility analysis – examines key aspects of the proposed project : technical‚ economic and organizational 5 During project management‚ the project manager creates a work plan‚ staffs the project‚ and puts techniques in place to help the project team control and direct the project through the entire SDLC. Deliverable for project management is project plan that describes how the project team will go about developing the system 6 It answers the questions of who will
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Cottle Taylor: Expanding the Oral Care Group in India In 2009‚ the director of the oral-care marketing for the India division of Cottle- Taylor‚ Brinda Patel‚ thought of the brilliant idea to expand the oral care system in India. At this time 50% of the Indian population was very uninterested in curing their dental problems and did not see the need to obtain dental hygiene like toothbrushes and toothpaste. However‚ this did not stop Patel. She still believed that her plan would have a 20% increase
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1. In your own words‚ describe how information reduces risk when you make a personal or work-related decision. In your life‚ you are making decisions all the time. Some of these decisions you take on your own and others you made after consulting internal and external forces. When you make a decision‚ you need to find some backgrounds information about the issue in question because if you made a decision without information is a gamble. 2. What are information rules? How do they simplify the
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Operating income is expected to decrease by $1‚230‚000 ($1‚640‚000 − $410‚000) if Ms. Schoenen’s proposal is accepted. The management would consider other factors before making the final decision. It is likely that product quality would improve as a result of using state of the art equipment. Due to increased automation‚ probably many workers will have to be laid off. Garrett’s management will have to consider the impact of such an action on employee morale. In addition‚ the proposal increases the company’s
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cleaning supplies and laundry detergent. Boron is found in borax‚ which is in those supplies. The borax and other borates clean and bleach by converting some water molecules into hydrogen peroxide and since the pH of borax is 9.5 it produces a basic solution in water‚ which increases the effectiveness of bleach and other cleaners. Borates bond with other particles to keep ingredients dispersed evenly in a mixture‚ which maximizes the surface area of active particles to enhance the cleaning power. Also
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PS1124-09 Introduction of Psychology Kaplan University April 26‚ 2014 Schizophrenia The term "schizophrenia means "split mind‚" it does not refer to the splitting of the personality into several functioning personality subtypes as in dissociative identity disorder. Rather‚ the term was intended to convey a splitting of the normally integrate cognitive/behavioral/emotional functioning of the brain. For example‚ a person may suddenly become emotionally agitated even though
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Introduction to Law Enforcement Police Academy Abstract The introduction to law enforcement is about the code of ethics. How you should follow the code of ethics and it should represent everything and officer should be. As an officer everyday we have to make sure that Laws are being followed. Also the ethical dilemmas in police discretion so that no police officer is seeking a change in law to match their own personal views on any issue.
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