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
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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
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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
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However‚ the founder of the theory recognizes that there are other external factors that may contribute to the interaction of plants and pests. These factors include the plant adaptation‚ abiotic factors and management practices. The theory of Francis Chaboussou foresees the agriculture sector to shift from better management of crops production by paying attention to its proper needs. (Chaboussou as cited by Paull 2007). The above mentioned theories relay in the study since it focused on managing
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Royal Agricultural College Title: Analysis of marketing structure and Evaluation of Micro economic factor of Indian sugar industry Submitted to: Submitted by: John Nixon Nitesh Kumar Pandey Economic Lecturer MBA wine business management Content: Introduction........................................................................ Sugar production
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invaluable asset. Likewise‚ Empire Cinema is a valuable asset. However‚ it is essential to recognize that the audience demands are different from those that the building targeted initially. It would therefore be necessary to adapt the building for use today. It is recommended that the best use for a building such as Empire Cinema would be include using it for the objective it was originally intended. Therefore‚ the most preferable use for a listed cinema would still be as a cinema with other auditorium uses
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approximately 60 million customers under the following five brands: Cineplex Odeon‚ Galaxy‚ Famous Players (including Coliseum‚ Colossus‚ and SilverCity)‚ Cinema City‚ and Scotiabank Theatres. This portfolio utilizes multi-branding to target a wide scope of quality seeking segments without damaging its premium end brands. Critical Success Factors in the Movie Theatre Industry The core service of exhibition theaters is its ‘full motion picture’‚ which is crucial to the success of the business as
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one of the major environmental issues today. Some people argue‚ that rapidly growing population is not only problem and humans will not destroy life-support system on which we all depend. Contrary some argue that growing population is a key driver factor of environmental destruction. The purpose of this research project is to explain the main arguments of both sides and to recommend possible action in order to face with most important problems. Many countries see contradictory the problem of population
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Sociological theories can be divided into two categories‚ macro-sociological and micro-sociological theories‚ otherwise known as structural and action theories‚ respectively. As sociological theories‚ they both aim to explain the society we live in‚ but differ in where they choose to focus their explanation‚ with macro-sociological theories observing society as shaping the individuals that live in it‚ and micro-sociological theories observing individuals as shaping the society they live in. Structural
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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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