S3393359 Learning Facilitator in charge: Gopal Assignment due date: Date of submission: Number of pages including this one: 31 Word Count: Contents Introduction The US economy has suffered the two biggest crises which are the 1929 stock market crash and the following ‘great depression’. The length of the crisis causes many serious problems. Hence‚ many rushed to associate the global financial (GFC) crisis with the depression on a same scale‚ or so called
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MARKETING MANAGEMENT -MB- 0046 Q.1. Discuss the different marketing concepts with its merits and drawbacks Ans: Marketing is a set of business activities that facilitate movement of goods and services from producer to consumer. It is an ongoing process of discovering and translating consumer needs into products and services‚ creating demands for them‚ serving the customer and his demand through a marketing programme of promotion and distribution to fulfill the company’s marketing goals in a
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INDIAN ECONOMY 01. Indian economy is world’s 9th largest economy on exchange rate basis and 4th largest economy on PPP basis in 2010 02. PPP is called as the purchasing power party 03. Purchasing power party is a theory and according to the theory – the exchange rates between currencies are balanced when their purchasing power is the same in each of the two countries 04. The main characteristics of Indian economy are – agrarian economy‚ mixed economy and developing economy 05. Agrarian economy
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| Citizenship in the World | Counselor: Jack P. Wiiki | | | 8/26/2012 | | Requirement 1) “What does Citizenship in the world mean to you‚ and what does it take to become one?” Citizenship in the World‚ meaning that one ultimately is motivated to defend and preserve human rights‚ and human dignity. Has an interest in an assortment of global interests‚ and fairness to nations other than their own and it’s allies. This person would have respect for fellow human beings‚ regardless
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From Wikipedia‚ the free encyclopedia Economy of Nepal Nepal Rastra Bank in Kathmandu Currency 1 Nepalese Rupee (NPR) = 100 paisa Fiscal year 16 July - 15 July Trade organizations WTO Statistics GDP $41.22 billion (2012 est.)[1] GDP growth 4.6% (2010 est.) GDP per capita $1‚600 (2010 est.) GDP by sector agriculture (35%)‚ industry (20%)‚services (45%) (2010 est.) Inflation (CPI) 8.6% (September 2010 est.)‚ 10.6% (October 2011 est. source: myrepublica.com) Population belowpoverty
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Reform to fix this problem: workers work hard and at his advantage + management offer help = double output “Soldiering” affects: wages‚ prosperity‚ all workers‚ and nation’s prosperity Eliminate this problem: lowers cost of production (increases market)‚ solves lack of employment and poverty; higher wages + shorter working hours + better working and home conditions 3 conditions for why workers are deliberately underworking/soldiering 1) Fallacy: material increase in output for trade put
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Economy of scale refers to the benefits of producing on a large scale. When firms and industries increase the scale of their operation there can be advantages which reduce the average (unit) cost of their output. Internal economy of scale is the benefit‚ in the form of lower average costs‚ which a firm can gain from increasing its size. Internal economies of scale arise from the growth of the firm itself. One internal economy of scale can be marketing economies. For food retail industry‚ large
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Economy of Switzerland Switzerland as the world knows it today is a country with strong and stable economy. With countries ups and downs‚ the noticeable economic revival begun in 2002‚ when political and economic actors have implemented a “game plan” which included certain measurements. With certain handling of situation in economy‚ Switzerland could feel a perceptible growth year after year. This essay discuses Switzerland’s achievements in development of country’s economy‚ as well as examines
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ECONOMIES OF SCALE Economies of scale are an important aspect of efficiency in production .Economies of can henceforth be define as ‘the reduction in average costs of production‚ that occur as a firm increases in size’. As businesses grow and their outputs increases‚they commonly benefit from a reduction in average costs of production.Total costs will increase with the increase in output‚but the cost of producing each unit falls as output increases .The reduction
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Sharing Economy Read the article (on pages 8-11) closely‚ then answer each question below. Write at least two to five sentences for each response‚ using evidence from the text to support your answers. 1. Describe the author’s purpose in the first two paragraphs of the article. Renting objects and places 2. Analyze the reasons the “sharing economy” is taking off now‚ according to the author. Enjoying a good time with strangers 3. The author writes that “whether the sharing economy is a bane
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