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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1. Explain how organizations in the not-for-profit sector differ from organizations in the public sector or for-profit business sector. Provide an example of an entity in each sector. The discussion bellow tries to explain how organizations in the not-for-profit organizations differ from organizations in the public sector or for-profit business sector. The easiest way to understand the difference between the public‚ for-profit‚ and nonprofit sectors is to understand the constituents that each serves
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M004LON Finance‚ Funding and Legislative Frameworks For Success Coursework One: Data Response (Evaluation of Marks & Spencers plc) Submitted by: Binish Babu ( Nakul Vinod (3943256) Julin Ann Thomas (3997710) Date of submission: 4th March‚ 2012 Word count : 1492 words Contents EXECUTIVE SUMMARY 2 INTRODUCTION 2 Ratio Analysis 3 1) Liquidity ratios 3 2) Solvency ratios 3 3) Working capital management ratios 3 4) Profitability
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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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The main goal of a finance manager is maximizing of wealth rather than maximizing profit--measuring wealth or value is by cash flows and not accounting profits. This goal must be constantly in mind when making investments‚ financing these investments‚ and funding the company’s day-to-day operations. The total value of the firm can be increased by pushing up the price or market value of the existing shareholders’ ordinary shares. Investors react to poor investment decisions or poor financing decisions
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A microscope (from the Ancient Greek: μικρός‚ mikrós‚ "small" and σκοπεῖν‚ skopeîn‚ "to look" or "see") is an instrument used to see objects that are too small for the naked eye. The science of investigating small objects using such an instrument is called microscopy.Microscopic means invisible to the eye unless aided by a microscope. There are many types of microscopes‚ the most common and first to be invented is theoptical microscope which uses light to image the sample. Other major types of microscopes
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The registered case under section 25 read with 30(1)‚ talks about the company providing inadequate security to the employee. The CEO is held against this as he is the top official of the company. the security rules were in place stating the employee to confirm with the 24*7 help desk on a new driver‚ but this rule was obviously not followed and hence the mishap. The company went ahead following the law and giving the next of kin‚ Gowramma‚ the mother of the deceased employees‚ the usual statutory
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Chapter 1 Marketing: Managing Profitable Customer Relationships Multiple Choice 1. Marketing seeks to create and manage profitable customer relationships by delivering _____ to customers. a. competitive prices b. superior value c. superior service d. superior promotion (b; Easy) 2. The marketing manager at Sunshine Car Washes is holding a training session for new employees. She stresses that perhaps the most important concept of modern marketing is _____. a. customer relationship management b
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პიტერის პრინციპი კანადელმა პედაგოგმა ლოურენს პიტერმა ჩამოაყალიბა დებულება‚ რომელმაც მას მთელს მსოფლიოში გაუთქვა სახელი. დებულების თანახმად‚ იერარქიულ ორგანიზაციებში გამუდმებით ხდება კომპეტენტური თანამშრომლების დაწინაურება და თანამშრომლები იღებენ უფრო მაღალ თანამდებობებს მანამ‚ სანამ იმ დონეს არ მიაღწევენ‚ რომლის შესაბამისი მოვალეობების შესრულება მათ ძალებს აღემატება. პიტერის პრინციპის თანახმად‚ იერარქიულ სისტემაში ნებისმიერი თანამშრომელი აღწევს თავისი არაკომპეტენტურობის დონეს. სწორედ აქ‚ არაკომპეტენტურობის
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