Micro economics is a branch of economics which studies individual firms and consumers. The basis of micro economics is supply and demand; how does the market react to changes in supply and demand and inevitably how does it affect price. Microeconomic decisions by both firms and individuals are motivated by cost and benefit considerations. Costs can be either be in terms of financial costs such as average fixed costs and total variable costs or they can be in terms of opportunity costs‚ which consider
Premium Supply and demand Economics Microeconomics
Goal: Total word count in this document: 743 Title: LEKI Micro Vario Carbon Trekking Poles Trekking poles and hiking staffs are normal equipment for many walkers‚ hikers‚ trekkers‚ backpackers and snowshoers. The reasons why are easy; they enhance your stability and provide support on all types of terrain. Trekking poles and hiking staffs will not decrease your overall energy expenditure since you’ll be using your arms more than you would when hiking without poles. They do‚ however‚ help distribute
Premium Hiking Hiking Hiking equipment
banking and related services.” Microfinance is not just about giving micro credit to the poor rather it is an economic development tool whose objective is to assist poor to work their way out of poverty. It covers a wide range of services like credit‚ savings‚ insurance‚ remittance and also non-financial services like training‚ counseling etc. FEATURES: * Borrowers are from the low income group * Loans are of small amount – micro loans * Short duration loans * Loans are offered without collaterals
Premium Microfinance
In the micro-system the individual is the dominant factor. The risk factors act upon the individuals are as follows. Firstly‚ genetics is a major risk factor that is beyond the control of the individual an example of such is body mass composition‚ which is the manner of which the body takes on weight. The consequence of genetics is that the individual has little control over weight gain and thus must be more conscious of their lifestyle choices. The psychological risk factors associated with the
Premium Nutrition Psychology Medicine
THE MICRO-ENTERPRISE BRIEF As a group we have been given the task of carefully selecting an informal micro-enterprise that operates in Cape Town. From this small business we need to ask a range of questions in order to investigate and identify the opportunities that are available to the business as well as where and how these opportunities could be improved. As a group the business we selected the flower stalls in Trafalgar Place on Adderley Street. This turned out to be a very interesting business
Premium Marketing Flower Customer
how the macro environment impacts upon industries 1. Introduction To answer this question‚ I will use Toyota as an example of an automotible industry within South Africa. An industry can be defined as a group of companies that satisfies a specific customer need. 2. Economic forces Since economic forces can change the health of the economy‚ they also have a direct impact on the broader industrial competitive environment. The four most important of these forces are: • the growth rate
Premium Inflation International trade Economics
Singapore Macro-environment PESTLE Analysis Political Singapore is relatively unique in terms of its political environment. There are very few opposition parties‚ and the main political group is the People’s Action Party (PAP) that governs Singapore since it achieved its independence in 1965. Singapore‚ under the leadership of the PAP‚ possesses a distinct political culture: authoritarian‚ pragmatic‚ rational and legalistic. Singapore’s power structure is highly centralised‚ regarded
Premium Singapore Housing and Development Board
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
Premium Bacteria Microbiology Louis Pasteur
Word count 686 Unit 27: Using inclusive learning and teaching approaches in lifelong learning Prior to the micro-teach I chose the topic of ‘music‚ drum‚ and rhythm workshop’ because it’s practical‚ fun‚ universally accessible‚ the vast majority of people like music‚ it can be applicatory to absolute beginners all the way to advanced musicians and it advocates group work and student centred learning. Other options that I considered included a group piano lesson‚ drum kit lesson or DJ lesson
Premium Educational psychology Learning Education
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
Premium Marketing Competition Price