DEFINITIONS OF ECONOMICS In simple‚ economics is the scientific study of the choices made by individuals and societies in regard to the alternative uses of scarce resources which are employed to satisfy wants. Different views about economy are presented below. 1) Economics is what Economists do. John Maynard Keynes described what he thought economists do in Essays in Biography in 1933. An economist‚ he wrote‚ must possess a rare combination of gifts. He must be mathematician‚ historian‚ statesman
Premium Economics Alfred Marshall Economy
products‚ making sure its customers are satisfied. There are many definitions of marketing. We will focus on four which will provide insight into how marketing is used in practice. There is one of the simplest accepted definitions of Marketing which is: “Marketing is the management of exchange relationships” (The celebrated American author of marketing textbooks‚ Philip Kotler). While clearly focused and concise‚ this definition emphasises the role of marketing in relating to the world outside the
Premium Customer Profit Exchange
Definition of Strategy: The term “strategy” is usually used in two perspectives. As an adjective assigning particular important to some actions‚ activity or process‚ it is possible to speak of strategic management‚ strategic planning or decision making. These are all dreams to be activities‚ which are essential to the organization existence. It can also be used as a noun‚ to describe a path way along which the organization moves towards its goals or objectives. The term “strategy” stems from the
Premium Strategy Management Strategic management
Definition of Addiction "Addiction" can have several definitions depending on the situation and the setting. My sister is addicted to exercising because she does it constantly. Smokers are addicted to cigarettes because they crave them and feel like they can’t function without them. My grandfather is addicted to hunting because it is expensive‚ time-consuming‚ and he’s just doing it to seek pleasure. My grandmother hates hunting because it consumes up so much of grandfather’s time that he
Premium Addiction Drug addiction
Corporate Social Responsibility Definition 2 What is CSR? a form of corporate self-regulation integrated into a business model process with the aim to embrace responsibility for the company’s actions and encourage a positive impact through its activities on the environment‚ consumers‚ employees‚ communities‚ stakeholders and all other members of the public sphere to aid an organization’s mission as well as a guide to what the company stands for 3 a titled What is sustainable
Premium Sustainability Business ethics Sustainable development
offensively protecting the United States. With the construction of special task force from sworn law enforcement officers‚ military forces and leaders with in global communities counterintelligence takes a offensive approach to deterring prospective terrorist and apprehending those who seek harm. In relation counterintelligence devises the ability to equip first responders and military operatives with the knowledge and capabilities to defend against threats that are domestic or
Premium Terrorism United States Al-Qaeda
Definitions of EPR According to Karim (2008)‚ different terms are used in the literature to explain electronic patient’s healthcare data such as Electronic Health Records (EHR)‚ Electronic Patient Record (EPR)‚ Electronic Medical Record (EMR)‚ Computerized Patient Record (CPR)‚ and Computerized Medical Record (CMR). These names are given from time to time in different nations and in different healthcare environments. Abdul (2008) argues that EHR is different from an EPR/EMR that is longitudinal
Premium Electronic health record Personal health record Health informatics
The origin of a words definition can often be traced back years‚ decades or even centuries‚ thus allowing enough time for manipulation of its meaning to occur to where eventually the word becomes a commonly used‚ often randomly with little regard to its primary meaning. Such is the word “ghetto”. This word can be traced back into sixteenth century and here the twenty-first century‚ this original word has become part of our culture‚ but its current definition is far from original.
Premium Racial segregation
Operational definition Dictionary definition Product: is the service or goods the company produces. There are some elements added to the product aside from the product itself to make the customer attracted to it‚ such as wrapping. Product: something that is grown or made in a factory in large quantities‚ usually in order to be sold Price: is the amount of money that the customer pay to but the product‚ pricing is a very difficult task Price: the amount of money you have to pay for something
Premium Marketing Sales Competition
very subjective and ever changing definition. To many success is measured with the amount of cars one has or the size of ones house; to others success is just thriving with what is available. Although success has many different meanings across the world there is two that stick out; Thriving with what you have at your disposal‚ and being able to live comfortably and without any worries. If one was to ask a child that lives in California what is their definition of success; he/she would probably
Free Definition Extensional definition