would increase and equilibrium quantity would decrease. b) The government provides a subsidy for notebook manufacturers. In this instance the price of spiral notebooks would decrease since the government would be assisting the industry that makes spiral notebooks; financially to ensure the price of spiral notebooks remains low. Additionally‚ price would decrease since the business responsible for spiral notebook production and sale‚ would not feel the need to raise the price since
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The political and legal environment In the aftermath of the credit crisis‚ governments and regulators are strengthening consumer protections and promoting the concept of responsible lending; new developments are being made with the customer’s interests in mind‚ ensuring that the customer is in control of their own finances‚. The Consumer Credit Act section 75 provides added protection to consumers‚ offered for transactions over £100. It is notable that higher earners‚ are among the financially savvy
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1. Macro environment External environment is the uncontrollable factors‚ forces‚ situations‚ and events outside the organization that affect its performance and strategies. As shown in below figure‚ the examples of macro environment of an organisation is include factors such as social cultural‚ political and legal‚ globalisation‚ economy‚ demographical and also technology. Detailed definition of macro environment factors mentioned and the description showed as below. Figure 1: Component of
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Influencing Group Communication Leadership Styles and Group Communication Before discussing leadership styles and their affects on group communications of a specific company‚ it is important to first identify the organizational structure of that company. Different organizational structures may lend themselves more toward specific leadership styles then others. “A company’s individual organizational structure is a formal composition of task reporting relationships that allows the company to
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Impact of cultural differences‚ internal and environmental factors at Airbus Introduction Employees are affected by a number of internal and external forces that when combined produce given behaviours and attitudes. In this paper‚ I will consider the key factors affecting individual and groups’ behaviour and their corresponding relationship to the personal and organisational performance. The scenario‚ Airbus’ manufacturing plant in Toulouse‚ is dominated by tensions amongst groups of workers
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are resources also called factors of production? Why are they called inputs? Economic resources are natural‚ human‚ and manufactured resources that go into production of goods and services. Economists classify economic resources into four general categories land‚ labor‚ capital‚ and entrepreneurial ability. Resources are called factors of production because land‚ labor‚ capital‚ and entrepreneurial ability are combined to produce goods and services. Another name for factors of production is inputs
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PESTEL analysis of the macro-environment There are many factors in the macro-environment that will effect the decisions of the managers of any organisation. Tax changes‚ new laws‚ trade barriers‚ demographic change and government policy changes are all examples of macro change. To help analyse these factors managers can categorise them using the PESTEL model. This classification distinguishes between: • Political factors. These refer to government policy such as the degree of intervention in
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Title: Discussion on the barriers to the effective management of quality at Unisa Introduction. The advent of South Africa’s first democratic government in 1994 signaled the beginning of significant policy changes in education including a notable emphasis on distance education in which University of South Africa is one of the key player. Distance education plays a significant role in South Africa‚ particularly in teacher and higher education. It affords access to a large and diverse students
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FACTORS AFFECTING JOB SATISFACTION IN CJP SDN. BHD. CHONG CHOONG KIAN SCHOOL OF BUSINESS AND ADMINSTRATION WAWASAN OPEN UNIVERSITY 2012 NAME : Chong Choong Kian DEGREE : Commonwealth Executive Master of Business Administration SUPERVISOR : Mr Harkiranpal Singh A/L Karpal Singh TITLE : Factors Affecting Job Satisfaction in CJP Sdn. Bhd. Date : June 2012 University : Wawasan Open University (WOU) Final Project Report submitted in partial fulfillment
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A Critique of Brook Gladstone’s and Josh Neufeld’s “The Influencing Machines” Brook Gladstone is an author who published the article “The Influencing Machines” in 2015. On the other hand she is also a media analyst and a host of NPR’s in the media. Additionally she did not write this article on her own‚ she had the help of Josh Neufeld. Gladstone did the writing while‚ Neufeld did the illustrations. It was collaboration between both people. The central thesis of Gladstone and Neufeld is that we
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