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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How to Teach English as a Second Language for Kids For TESOL By WILLY Ee 2014 • Provides a safe and comfortable lerning environment. • Emphasizes oral work and communication. • Make learning fun by an eclectic approach that addresses their individual interests and learning styles. • Take advantage of their strengths and work with their proclivity to learn a second language. We suggest: suggest 1) Maintain an accepting‚ cooperative environment - making their cultures and customs a part of the
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Functional appliances in Orthodontics Functional appliances are devices that modify the functional environment in the oral cavity by influencing and changing the surrounding hard tissue. Functional devices can be used to correct malocclusions including class II and class III malocclusions and asymmetrical bites. Functional appliances have advantages including the ability to enlarge the transverse width of arches to provide extra space and prevent crowding. They also cause less problems for
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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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1. In the light of the system‚ describe the decisions to be made in the area of strategic planning‚ managerial control and operational control? What information would you require to make such decisions? Ans. A management information system (MIS) is an organized combination of people‚ hardware‚ communication networks and data sources that collects‚ transforms and distributes information in an organization. An MIS helps decision making by providing timely‚ relevant and accurate information to managers
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Overview The purpose of this assignment is to help you prepare for successful‚ enjoyable participation in a positive team experience for Units 8–10. In this assignment‚ you will research and compose descriptions of a fictitious anonymous company’s five functional areas. Further‚ you will explore organization’s code of ethics and executive summaries of reports to understand what they are and how to compose them. Your main task is to develop a broad overview of the mission and purpose to be prepared to participate
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The Mission Mission which indicates the purpose and activities of the business‚ for example‚ The following table contrasts hard and soft mission statements. Hard | Soft | What business is/does Primary products/services Key processes & technologies Main customer groups Primary markets/segments Principal channels/outlets | Reason for existence Competitive advantages Unique/distinctive features Important philosophical/social issues Image‚ quality‚ style‚ standards Stakeholder
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power structure in order to figure out how America is really ruled. Symbolic interactionism‚ founded at the University of Chicago is used to analyze relationships among people. It is especially useful when studying small groups. It is called a micro-theory‚ as opposed to structural functionalism and conflict theory‚ both of which may be thought of as macro-theories. Identify the three major sociological theoretical paradigms. For each‚ what are its core questions? Which one do you relate to
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To teach is to choose a challenging life. It requires passion in the profession and genuine love and interest in children especially when one opts to teach young children. One must have a heart and needs to be ethical‚ reflective‚ caring and hopeful. It requires faith in yourself and respect for individual children‚ willing to work against the odds in order to contribute to an evolving environment. Ayers’s book‚ To Teach: The Journey of a Teacher is a book I consider as a work that strives for educational
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Micro Environment Notes • The forces within an organisation’s industry that affect its ability to serve its customers and clients – target markets‚ partners and competitors. (Marketing 2nd Edition by Elliott‚ Rundle-Thiele Waller) - Customers - Clients - Partners - Competitors • All factors in the micro environment affect the marketing. Marketing managers‚ during the marketing process‚ must account for all factors in relation to marketing‚ specifically within the micro environment. Customers
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