04 KEY CONCEPTS 1. IDENTITY It talks about the organization’s personality‚ what means: what the organization is and what it does. It includes its historical‚ ethical and behavioural being too. It is what an organization makes different from others‚ its distinguishing characteristics. Corporate Identity emerges from an understanding of the organization’s core mission‚ strategic vision and corporate culture. 1.1. MISSION A mission is what an organization does‚ its action; a vision is what
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Written Assignment 1 Answer all of the following questions. Title your assignment "Written Assignment 1‚" unless your mentor directs otherwise. This assignment covers text chapters 1 through 6. 1. Define scarcity. Provide examples of goods that are not scarce. Answer: Scarcity is when demand exceeds supply. Examples of goods that are not scarce – air and water 2. How does Adam Smith’s concept of the invisible hand explain why markets move toward equilibrium? Do market participants need to know
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EC 3101: Microeconomic Analysis II A/P Indranil A/P Indranil Chakraborty All relevant details on EC3101 are in the syllabus The morning office hours on Tuesday will start from the third week of lectures t tf th thi d k fl t Important Highlights Important Highlights • Text book: Intermediate Microeconomics: A modern h approach by Hal R. Varian (8th edition) One midterm and one final exam Please do not email material‚ lecture or exam related questions. Post your questions precisely on IVLE Forum or ask
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IB/AP Economics Unit 1 Introduction to Economics Introduction to Economics AP and IB Economics Unit 1 Definitions of social science and economics Definitions of microeconomics and macroeconomics Definitions of growth‚ development and sustainable development Positive and normative concepts Ceteris paribus Scarcity • factors of production: land‚ labor‚ capital and management/entrepreneurship • payments to factors of production: rent‚ wages‚ interest‚ profit Choice Utility: basic definition Opportunity
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In this essay I will briefly outline my understanding of the concepts of the situated and knowing self. I will then reflect on how my background has influenced me as a learner and in doing this I apply the concepts to my discussion. My understanding of the concept of the situated self is that it is the aspect of the self that involves cultural and social background and the surroundings of the self. The situated self changes over time‚ it can have a past and a present. The knowing self is those
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Marketing is defined as a social and managerial process by which individuals and groups obtain what they need and want through creating and exchanging products and values with others.(Kotler.P 2002 : 5) The goals of marketing is to attract new customers by promising superior value and keep and grow current customers by delivering satisfaction. There are five core concepts of marketing‚ which includes needs‚ wants and demand; products‚ services and experience; value‚ satisfaction and quality; exchanges
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Although the role of a company manager is to drive his business to success‚ he cannot do it without measuring the impact of his business activity on society as a whole. The role of a business and especially of company managers is to develop products that improve consumers’ lives while making sure that their business runs effectively towards reaching the objectives that they have been set. It is also to create good working conditions for the workers‚ good relationships with the various stakeholders
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ES2550 Microeconomics - OL2-MAR1813 Project Part 1 [Author name] [Date] Barnes & Noble books which Estimated Elasticity is -4.00 which I believe is elastic because it has a value greater than 1 decrease in quantity demanded is proportionally greater than the increase in price. Coca-Cola which Estimated Elasticity is -1.22 I believe is elastic because it has a greater then 1 Cigarettes which Estimated Elasticity is -0.25 I believe is inelastic because it has less than 1 in absolute
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Submit a presentation describing your analysis of the business conditions in the country that you selected for your final project. This should include an assessment of both the current general economic and business conditions of this country. Your presentation for Milestone Two should include the following information: 1. Find cultural aspects for each of the following and discuss how these affect business conditions in the specific country: 1.1.1. High Culture – Literature and classical music
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Ethics key words and concepts Ethics 1: truth telling Duty of candour: This is the duty of being honest and straightforward in attitude and speech. The moral tension between beneficence and respect for autonomy: The principle of nonmaleficence is translated from ‘first‚ do no harm’ (Hippocratic oath) and what intends to say that if you can not do any good without causing harm then do not do it at all. The principle of beneficence is understood as the first principle of morality and follows
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