merits: 1)sense of security 2)always be the teen’s fashion 3)can use to play when we feel bore 4)makes closer when we r away(easy to get touch with our family) 5)we have fun there(by taking snaps‚videos when there is a function) 6)calendar 7)Timer 8)can do calculation 9)it isPortable demerits: 1)Expensive 2)Some of them are too thin and easily broken. 3)may cause distraction inlearning or when we are at work 4)spend less time with our family(by talking through it always)
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Major market being Kolkata. SCOPE: >>Considered merits and demerits of both alternatives as below: ALTERNATIVES: 1. Village exhibitions: Merits – Overall expenses of setting up an exhibition will reduce. Employment will be generated. Promotion tourism in and around the village. Subsidies from the Government will promote the industry further. NRIs will be a major customer base. Unique identity of the place and product. Demerits – There’ll be a loss of current customer base that is the
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intellectual property rights through patents. Hence‚ there are incentives in the free market system for firms to be innovative and produce better quality products. DISADVANTAGES OF FREE MARKET ECONOMY ( ADVANTAGES OF COMMAND ECONOMY Public‚ merit and demerit goods. Public goods cannot be provided privately because of their two characteristics‚ non-diminishability and non-excludability. These goods have to be provided
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A market economy is an economic system where the factors of production‚ are privately owned‚ consumers and producers are motivated by self interest‚ the level of competition in the markets is very high and resources are allocated through the price mechanism. The definition is supported by Lipsey (1992) who also state that decisions about resources allocation are made without any central direction but instead as a result of innumerable independent decision taken by individual producers & consumers
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that fail is justified and effective‚ by addressing and focusing on the economic problem of externalities‚ demerit goods‚ and the lack of provision of public goods. Governments can utilise various methods to address externalities and demerit goods. Externalities are third party spillover effects‚ and can be both positive and negative‚ and can come from consumption or production sides. Demerit goods are goods that either cause negative externalities‚ or are goods that governments deem unacceptable
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There are some goods that underprovided and underconsumed. Such goods are cold merit goods. They can be defined in terms of their externality effects and also in terms of informational problems facing the consumer. A merit good is a product that society values and judges that everyone should have regardless of whether an individual wants them. In this sense‚ the government is acting paternally in providing merit goods and services. They believe that individuals may not act in their own best interest
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TOPIC. THE NEXUS/RELATIONSHIP BETWEEN FEDERALISM AND GOOD GOVERNANCE? The underlisted are some definitions of federalism‚ types‚ reasons for‚ features‚ merit and demerit and problems associated with the concept. Types of Federalism Dual federalism‚ also known as "layer cake federalism" involves clearly enumerated powers between the national and state governments‚ and sovereignty in equal spheres. Cooperative federalism‚ also known as "marble cake federalism‚" involved
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Odhiambo committee a success? 9. Citing relevant examples‚ discuss the merits and demerits of the above change strategies in schools 10. a) Discuss the importance organizational training in implementing change. b) Identify a problem in a school situation and design a training programme to educate the affected group on how to handle the problem. 11. In relation to the above rules‚ discuss the merits and demerits of engaging internal and or external consultants. 12. Conflicts‚ general inefficiency
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1. 2. 3. 4. 5. Merits Convenience No charge on assets No obligation Dependable Growth and Expansion Demerits 1. Low dividend 2. Uncertain 3. Unbalanced growth 4. Misuse and Speculation Debenture: It constitutes the borrowed funds of the company. It is an acknowledgement of debt. Debenture capital may be called DEBT CAPITAL. 64 Types Of Debentures • Secured Unsecured • Redeemable Irredeemable • Convertible Non- Convertible • Registered Bearer Debentures Merits 1. Regular return
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Coursework by Aleksandr Bakharev Globalization Globalization can be defined as the process of integration and interaction among the governments‚ companies‚ and people of different countries. It is a process which is driven by investment and international trade. It is aided mainly by information technology. Globalization has the effect on a number of things‚ some of which include culture‚ environment‚ economic development‚ political systems and the general human physical well-being among the societies
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