1. Explain the advantages of Socialist Economy? In socialist economic system means of production are owned and managed by the State. Ownership of means of production is not allowed. In socialism economic activities are carried on mainly for social gains and personal interest is of less significance. In this economic system the anti social activities like smuggling and hoarding find no place. Economic activities are planned with the motive of social benefit by a central planning authority. The
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PoC Needs and Drives Needs and drives‚ what exactly are they and what do they have to do with dogs/dog training? A need or drive is a type of motivation that describes the behaviors dogs show during training. Needs can be something as obvious as water or food‚ all the way to behaviors that serve no clear physical need at all (ex play behavior). Dog training is all about arranging matters so the dog’s yearnings are met when they perform the desired action. Before any of this can take place you
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Tutorial 2 (Topic 2: Thinking like an Economist) 1. i) What is meant by positive analysis and normative analysis? ii) Classify each of the following statements as positive or normative. Explain. a) Society faces a short-run trade-off between inflation and unemployment. b) A reduction in the rate of money growth will reduce the rate of inflation. c) Bank Negara Malaysia (BNM – Central Bank) should reduce the rate of money growth.
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Scenario You work as a mechanical engineer designing structures; you are required to calculate the forces‚ stresses and strains required to help with these designs. Task 1 (P1) Using fig 1 below‚ calculate magnitude‚ direction and position of the lines of action of the resultant of the non-concurrent coplanar force system containing forces in different directions. 3810002914650041338502914650044767505143528KN 0028KN 4324350539115500 020000500 47625035433030KN 0030KN -96202510922015KN
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Consumer Buying Behavior Consumer Markets and Consumer Buying Behavior Consumer behavior is the actions a person takes in purchasing and using products and services‚ including the mental and social processes that precede and follow these actions Consumer Buying Behavior refers to the buying behavior of final consumers individuals & households who buy goods and services for personal consumption. Prof. P.V. Balakrishnan All these consumers make up the consumer market. The central
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Principle of Double Effect An action that is good in itself that has two effects--an intended and otherwise not reasonably attainable good effect‚ and an unintended yet foreseen evil effect--is licit‚ provided there is a due proportion between the intended good and the permitted evil. When there is a clash between the two universal norms of "do good" and "avoid evil‚" the question arises as to whether the obligation to avoid evil requires one to abstain from a good action in order to prevent a
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Planning Management Principles 1. Planning in Management Planning is deciding in advance what to do and how to do. It is one of the basic managerial functions. Before doing something‚ the manager must formulate an idea of how to work on a particular task. Thus‚ planning is closely connected with creativity and innovation. It involves setting objectives and developing appropriate courses of action to achieve these objectives. 2. Planning Definition "Planning bridges the gap from where
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Marketing is the process of planning and executing the conception‚ pricing‚ promotion‚ and distribution of goods‚ services‚ and ideas to create exchanges that satisfy individual and organisation objectives. Marketing has many ways that products are sold. It includes advertising‚ selling and delivering products to people. Marketers try to get the attention of target audiences by using slogans‚ packaging design‚ celebrity endorsements and general exposure in the media world. The process of developing
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Physical Ability Test: Federal Security Guard Anntionette Johnson BUS 423 Dr. Teresa Dillard August 17‚ 2013 Select a job that requires a moderate level of physical ability‚ such as security staff‚ office delivery personnel‚ door-to-door salespersons‚ retail salesperson‚ or nurses at hospitals and conduct an interview to determine their level of physical activity. Create a list of 8-10 interview questions and conduct an interview to determine their level of physical activity. Based on your
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Chapter 18 Creating Competitive Advantage 1) Of the following successful marketing strategies in the past‚ today ’s Nike has learned that the most important is ________. A) creating a recognizable brand image B) having creative advertising C) building deep community with customers D) maintaining big-name endorsers E) moving into new product categories‚ sports‚ and regions of the world Answer: C Diff: 2 Page Ref: 527 Skill: Concept Objective: 18-1 2) To gain ________ requires
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