QUESTIONS chap12 3. How do the entry and exit of firms in a purely competitive industry affect resource flows and long‐run profits and losses? LO3 Answer: Entry and exit help to improve resource allocation. Firms that exit an industry due to low profits release their resources to be used more profitably in other industries. Firms that enter an industry chasing higher profits bring with them resources that were less profitably used in other industries. Both processes increase allocative efficiency
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Question 1 1. Environmental changes can result in the inactivation of enzymes. Answer True False 1 points Question 2 1. Hydrolases are generally involved in __________ reactions. Answer anabolic catabolic both anabolic and catabolic neither anabolic nor catabolic oxidation-reduction 2 points Question 3 1. Which of the following types of carrier molecules is NOT found in electron transport chains? Answer ubiquinones hemoglobin flavoproteins
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8/5/2013 PowerPoint® Lecture Presentation to accompany Principles of Economics‚ An Asian Edition N. Gregory Mankiw | Euston Quah | Peter Wilson © 2008 Cengage Learning 1 TEN PRINCIPLES OF ECONOMICS © 2008 Cengage Learning 1 8/5/2013 Economy. . . . . . The word economy comes from a Greek word for “one who manages a household.” © 2008 Cengage Learning TEN PRINCIPLES OF ECONOMICS A household and an economy face many decisions: Who will work? What goods and how many
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Chapter 1 1. The scientist usually considered the first to see microorganisms‚ which he called "animalcules"‚ was A) Redi B) van Leeuwenhoek C) Pasteur D) Tyndall 2. The idea of Spontaneous Generation postulated that A) organisms could evolve into the next generation of organisms B) organisms could spontaneously combust C) organisms could spontaneously arise from other living organisms D) living organisms could spontaneously arise from non-living material 3. The work of Tyndall
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CHAPTER 3: THE MICRO ENVIRONMENT MGMT 488 – STRATEGY AND POLICY OVERVIEW The micro environmental analysis is the second step in creating the Environmental Analysis. The micro environment examines the general business climate as it relates to the organization within its industry. The micro environment is also known as Porter’s Five Forces of Competition. The macro environment is primarily concerned with major issues and upcoming changes in the environment. The analysis looks at five areas of interest
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describe the macro environment‚ can be identified and examined. These There are a number of common approaches how the external factors‚ which are mentioned in the factors indirectly affect the organization but cannot be controlled by it. One approach could be the PEST analysis. PEST stands for political‚ economic‚ social and technological. Two more factors‚ the environmental and legal factor‚ are defined within the PESTEL analysis (or PESTLE analysis). The segmentation of the macro environment according
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Macro environment Our product and all of the other actors operate in a large macro environment of forces that shape opportunities and pose threats to the company is known as macro environment. Six largely uncountable external forces influence our product’s marketing activities. And also it influences decision making‚ and affect its performance and strategies. These factors include the economic‚ demographics‚ legal‚ political‚ and social conditions‚ technological changes‚ and natural forces Elements
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(ECONOMIC ANALYSIS SIMPLIFIED FOR YOU) COURSE DURATION: 20 HOURS PER SEMESTER COURSE CREDITS: 02 1. ESSENCE OF ECONOMICS Problems of an economy; Solutions of these problems; Alternative system to tackle the problems; Economics‚ micro – economics & macro – economics; Basis building blocks of microeconomics – rationality‚ marginalism‚ opportunity cost‚ general & partial equilibrium. 2. FALLACIES AND PITFALLS Economics is about decision making‚ fallacies in decision making‚ fallacy of
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MICRO ENVIRONMENT includes the following factors. 1.SUPPLIERS : Suppliers are those people who are responsible for supplying necessary inputs to the organization and ensure the smooth flow of production. 2.COMPETITORS : Competitors can be called the close rivals and in order to survive the competition one has to keep a close look in the market and formulate its policies and strategies as such to face the competition. 3.MARKETING INTERMEDIARIES : Marketing intermediaries aid the company in promoting
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Written Macro Assignment True/False Questions. Read each statement carefully‚ and neatly write the word TRUE on the line next to the statement if you believe the statement is true‚ or neatly write the word FALSE on the line next to the statement if you believe the statement is false. ______T____ 1. Do…Loops are used in macros to repeat lines of code until or while a specified condition is met. _______F___ 2. The area where macro code is displayed in Visual Basic is
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