What is the difference between micro and macroeconomics? Give an example of a microeconomic phenomenon and an example of a macroeconomic one. Micro and macroeconomics describe the same concept of economics at different levels hence they are intertwined ideas. Microeconomics is concerned with individuals in the economy like households‚ workers and business (Taylor & Greenlaw‚ 2016). It concentrates on how business establishes prices‚ how it is affected by taxes and it explains the concept of demand
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Wright‚ Graham and Aleke Dondo. “’Are You Poor Enough?’ – Client Selection By Microfinance Institutions.” Microfinance- Evolution‚ Achievements and Challenges. Ed. Malcolm Harper. London: ITDG‚ 2003. 142-149. Yunus‚ Muhammad. Banker to the Poor: Micro-lending and the Battle Against World Poverty. New York: Public Affairs. 1999. 71
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Jamel Bell Intro to Show Production Systems October 7‚ 2013 The Importance of Music Industry Analysts in a Technically Evolving World..? Why is it important to care about how performances are presented in the Music Industry? Or how culture is transformed through media repetition? These are concerns that you’ll commonly find music analysts and critics writing about in internet blogs and newspaper editorials. Mostly bias opinions about artists and performances are discussed‚ including individual
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2.09 POP Music: Review Questions and Critical Thinking Questions Jorge Gomez Nov. 13‚ 2013 Review Questions: 1. Popular music is any music since industrialization in the mid- 1800s that is in line with the tastes and preferences of the middle class. 2. Pop music uses themes that are short songs about love and other existing themes‚ a song that uses this theme would
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UNIT 1 The Microbial Universe Read Chapter 1 Review Study Outline for Chapter 1 on pp. 21-22. (It helps to read this before viewing the video.) Watch Video 1‚ "The Microbial Universe" PowerPoint lecture: http://it.spcollege.edu/edtech/instructorResources/rlo/RLO%5FObjects/staticRLO/Citron/MCB2010%20UNIT%201/ NOTE: You will need Flash Player for viewing the PowerPoint lecture. You can download it from the following site: http://www.adobe.com/shockwave/download/download
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Exploring Innovation in Action: The Changing Nature of the Music Industry Can you map the different kinds of innovation in the case study? Which were incremental and which radical/discontinuous? Why? Give examples to support your answer. One of the innovations in this case study is e-tailing. E-tailing or Electronic retailing is a channel where business-to-business and business-to-consumer sale goods and services through the internet in which revenue can come from the sale of products and services
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MICRO ENVIRONMENTALFORCES | EVENTS | IMPACTOPPORTUNITIES/THREATS | COMPETITORS | * YEOS * POKKA | -VE IMPACT * Holds high percentage of market share * Both YEOS and POKKA are the leading brand in the Asian Specialty drinks category. They both have their own loyal group of consumer. In addition to that‚ they also have similar range of product‚ pricing‚ placing of product as F&N Seasons .Thus‚ they are viewed as the strongest competitor to F&N Seasons * Products are similar
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Disclaimer- The ASB Economics Faculty accepts no responsibility for the content of these pages. These notes were created by a past student for their personal revision purposes and as such may contain errors‚ typos‚ outdated statistics etc. Students are advised to read all material critically and for best results‚ to make their own notes based on official ECON lecture slides and notes and the BOF textbook. ECON1102 Macroeconomics Summary otes What is Macroeconomics? Macroeconomics is concerned
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Macro Environment Forces An organization’s macro environment consists of nonspecific aspects in the organization surrounding that have the potential to affect the organization’s strategies. When compared to a firm’s task environment‚ the impact of macro environment variables is less direct and the organization has a more limited impact on these elements of the environment. Macro environmental variable include socio-cultural‚ technological‚ political – legal‚ and economic. A firm considers
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Zara is a very big clothing chain from Spain. The chain was founded in 1975 by Mr. Ortega‚ and it now has more than 1.000 stores in approximately 63 countries – so it is a very big chain. However Zara has its biggest market in Spain‚ where they have 364 stores in total. They sell fashion clothes of a fairly good quality to reasonable prices – this also means that they have a broad target group‚ which we believe to be from kids to adults younger than 50‚ both men and women. Over the years Zara has
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