Page 1 of 22 © IMM Graduate School of Marketing Good Answer Booklet MAC/ECO101 Page 2 of 22 Note: These answers were written by students under examination conditions. Whist it may be possible to find fault with some of the answers‚ keep in mind that they satisfied the examiners about the student’s knowledge and ability. © IMM Graduate School of Marketing Good Answer Booklet MAC/ECO101 Page 3 of 22 MACROECONOMICS (MAC) ECONOMICS 1 (ECO101) 24 OCTOBER 2012 SECTION A (40 MARKS)
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Theoretical Framework Two approaches to ethical decision making have dominated ethics for a long period of time. Utilitarianism‚ developed by Jeremy Bentham and John Stuart Mill‚ defines the moral goodness of actions by their consequences. This theory distinguishes good from bad‚ with particular emphasis on the happiness generated by the consequences. Those acts are right that produce greatest happiness for the greatest number. Utilitarianism‚ at times‚ requires that some good be sacrificed
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morning‚ I would like to take this opportunity to share a movie entitled 12 Years a Slave. It was a dreadful incident that based on real story of Solomon Northup‚ a free black man who lived in Saratoga Springs (Coyne‚ J.‚ 2014). He suffered 12 years for being a slave and treated cruelly by the slave handlers as a result of abducted by few white men and forced into slavery (Yareah Magazine‚ 2014). He struggled for 12 years‚ suffered great unhappiness and unwillingness‚ but he was keen
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take the necessary measures to increase to employee and employer relationship and ultimately enhance the on the job productivity of the organisation. Thus it is very important to have a proper employee survey that suits best to the organisation environment and company goals and objectives. This report discusses the existing pattern of employee survey in Jollibee enterprises and tries to rectifies the areas where the survey can be improved upon. Here we have discussed how the survey has to be planned
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characters‚ it is truly courtroom television. Almost the entire movie is filmed entirely in the jury’s deliberation room. At the beginning of 12 Angry Men(http://www.imdb.com/title/tt0050083/)‚ the characters have just heard the testimony and evidence against a man accused of murder. The case initially seems to be obviously against the defendant‚ and 11 out of 12 jurors agree that he is guilty. One juror remains who is not entirely convinced that the man is guilty of murder. Over the course of the film
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Unit 01 Assignment 02 Richman Investments For Internal Use Only; No Redistribution Please read carefully the terms and condition set forth for the acceptable use of computer software and hardware within the entity Richman Investments. This constitutes the appropriate use of internal intranet‚ internet‚ and email. By agreeing to use the software and hardware within Richman Investments‚ you will have agree to the terms set forth. 1. User Domain/Workstation Domains • All user must comply with
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In analyzing 12 Angry Men the first theory that came to mind is the Universal Theory of Leadership. The theory is defined as the belief that certain personal characteristics and skills contribute to leadership effectiveness in many situations. This shows true with Juror #8. Juror #8 was the architect who emerged as a real effective leader. The architect showed self-confidence and assertiveness. He convinced the jury that once all thought the young man was guilty to believing he was innocent due to
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Environmental pollution will dramatically decline if the authorities are not reluctant when it comes to making disposals more accessible so that a clean environment can be maintained. According to (SWMCOL 2010) in Trinidad and Tobago‚ the average person generates approximately 4 lbs of waste per day This amounts to approximately 1‚000 tons of waste that reaches the landfill sites per day Apart from this‚ large quantities of waste are also improperly disposed of‚ and as a result‚ pollute our streets
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Jesse Selchow Professional Practices Wednesday 6pm Micro VS. Macro Management In a simple definition management is the person or persons who control or direct a business or other enterprise. However‚ management is much larger than just one person or small group of people. Management is also the practice of handling‚ supervision‚ direction‚ and control (www.dictionary.com). It is much larger than one person‚ or even a small group of people; management is everywhere. We use management in all aspects
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1. Definition of Clause According to Legal dictionary‚ clause is referring to a section‚ phrase‚ paragraph‚ or segment of a legal document‚ such as a contract‚ deed‚ will‚ or constitution‚ that relates to a particular point. A document is usually broken into several numbered components so that specific sections can be easily located. The Supremacy Clause‚ for example‚ is part of Article IV of the U.S. Constitution An exclusion clause is a term in a contract that seeks to restrict the rights of
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