Christopher Martin ‘Micro-finance programmes are aimed at reducing poverty. What ethical challenges are raised by the operation of micro-finance and which ethical theory can best be applied to assess how Grameen Bank addresses these challenges?’ Introduction: The essay seeks to examine the ethical issues raised by the operation of microfinance. In the first section‚ an overview will be offered. In the second
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Hein and Mann Environmental Analysis Problems‚ Key factors and Opportunities | Weight(50)Rank | Impact(10) | Rank(5) | Top executives and professionals leaving South Africa | 18 | 6 | 2 | Slow service delivery | 32 | 8 | 4 | The cost of raw material has increased | 28 | 7 | 4 | The economy segment declined | 24 | 8 | 3 | Customer Relationship Management | 28 | 7 | 4 | The large middle section segment exposure to marketing campaigns | 18 | 6 | 3 | Emerging of export business and
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Business Economics 201 Chapter 23: Measuring a Nation’s Income Macroeconomics: a study of the nation’s economy as a whole with a goal of explaining the changes that affect many households‚ firms‚ and markets simultaneously GDP: measures the total income of everyone in the economy and the total expenditure on the economy’s output of goods and services income must equal expenditure every transaction has a buyer and seller Can be computed by adding up expenditure by households or total income
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the nature of supermarket power on the high street and beyond Supermarkets dominate our high street throughout the UK. With this domination there is power‚ the power to influence and control how and where we shop. The majority of us do our weekly shop in a supermarket; 30 million according to Bevan (2006) cited in (Allen‚ 2009‚ p. 74). We use supermarkets because they are convenient‚ have a good range and are cheap. However‚ all this comes at a price‚ we shall see how supermarkets use their market
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Micro-expression of anger: Characteristics‚ Significance and benefits of knowledge Last but certainly not the least: anger. Anger is characterized by brows that are lowered together‚ eyes that give a hard stare‚ lips that are pressed firmly together and vertical lines between the brows but no horizontal lines on the forehead (Lewis 736; Turchet web ). This emotion is almost certainly the most dangerous because it is the one that is most likely to involve violence. As for all micro-expressions‚ the
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Macroeconomics 1102 Discussion Question 5 Part (a) Consumption function: is the relation of consumption with its determinants. Graphically drawn as:. Mathematically it is written as: C = C + c(Y – T) C: Consumption Spending C: Exogenous Consumption c : Marginal Propensity to Consume (0 < c < 1) Y: Aggregate Income T: Taxes Explaining the main components: Exogenous consumption: factors other than disposable income that affect consumption. So when consumers feel optimistic
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a) The price of natural gas‚ a resource used by manufacturers throughout the United States‚ doubles. Price increases because‚ the companies that sell the spiral notebooks need to mark up their price in order to keep afloat with the rising cost of natural gas. Demand is not affected. The determinant for demand on the TRIBE chart in this scenario would be related goods and services‚ since the price for a good that is used to produce spiral notebooks is increasing‚ thus leading to an increase in the
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Macroeconomics Exam 1 Instructor: Prof. Phelps Name: Results: Class: Period: Date: Read each question carefully then circle the correct answer. When you are finished transfer the answers to the Scantron sheet. Make sure that you enter your name on both the exam and the scantron sheet. You have 1 hour to complete the exam. 1. For economists‚ the word "utility" means: a) versatility and flexibility. b) rationality. c) pleasure or satisfaction.** d) purposefulness
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1. From the definition of GDP we arrive at the following expression: c + i + g + x-m = y = c + s + t Discuss the three important economic relationships that can be derived from this expression related to the definition of GDP and explain each carefully. The expression above depicts two different ways to come up with real GDP for a country. The left side of the expression explains expenditure side of computing real GDP which can be rewritten as: y = c + i + g +x – m In real terms‚ it could
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Bob’s Supermarket faced a lot of economic challenges. One of those economic challenges was when the United States was hit with a recession. As a result‚ the recession left many businesses like Bob’s Supermarket with a decline in sales‚ because many consumers had started to retrench from spending. In fact‚ the tight economy left many consumers to look for cheaper options when it came to spending (Parnell‚ 2014). For instance‚ places like Wal-Mart and Aldi manage to profit from those consumers because
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