1. Efficiency: Market is more efficient than economic planning. In market‚ production is based on demand‚ but in economic planning‚ production is based on government setting. For example‚ in a warm winter‚ a market will cut its production of boots‚ while an economic planning will not do so‚ leading to a waste of resource in excess production. 2. Profitability. Market is more profitable than economic planning. In market‚ companies are owned by individuals‚ and they have motivation to improve profit
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Keefe Carrillo Professor Jodi Titus Physical Geography 1 Irvine Valley College 11/22/2013 Cal State Fullerton 16th annual Geography Conference I found the Cal State University Fullerton conference to be both intriguing and interesting to attend. At this conference I had the honor of hearing from several different guest speakers and professors from different scholarly institutions. While watching their presentations I found a common factor‚ everyone shares a passion for Geography. My expectations
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Caleb Clingan ESCI 1123 1. Distinguish between weather and climate. Weather is the state of the atmosphere at a particular place and time. Climate is a location’s average weather conditions over a specific period of time. For example‚ Weather looks at what is happening right now. Climate however looks at what the weather as done in the past and projects what the weather should do. Like normally we get 20 inches of rain in the summer and it’s safe to assume that we will receive close
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3. Why did Britain consider India its “jewel in the crown”? a. The industrial revolution had turned Britain into the world’s workshop‚ and India was a major supplier of raw materials for that workshop. Its 300 million people were also a large potential market for British made goods. It is not surprising‚ then‚ that the British considered India the brightest jewel in the crown‚ the most valuable of all of Britain’s colonies. 4. Why didn’t Indians untie against the British in the Sepoy Mutiny?
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Homework 1 1. Subprime mortgages or mortgages that are normally made out to borrowers with lower credit ratings (below 640) are viewed by the lender that the borrower has larger-than average risk of defaulting on the loan and as a result typically carry a higher interest rate than that of a conventional loan. Banks originally required a down payment from subprime buyers and normally kept these loans bearing the risk of default. Overtime banks began to group subprime loans into Residential
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How does advertising differ from public relations activities? Public relations requires very different skills and is usually performed by professionals in PR firms‚ whereas advertising is performed by ad agency people. Advertisers must understand the importance of PR. In the marketing communication process‚ what are the various dimensions of the source‚ the message‚ and the receiver? In the marketing communication process‚ sale’s people can give a personalized pitch to potential consumers
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Robotics Theory and Industrial Applications Second Edition Chapter 6 Answers 1) In a fluid power system the energy moves along the transmission path from the electrical motor to the pump. Fluid enters the pump at the inlet port and is forced through the outlet port. The fluid can undergo a multiplication of force activating on a load much larger than the point of origin. This fluid continues along the transmission path to the load. Basically‚ they use air or liquid‚ or a combination of both‚
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needs of Caribbean students at the SEA level‚ focusing on the subject areas of Mathematics and English The software has been successfully adapted to assist S.E.A Teachers achieve their goals by enhancing students learning through working sample questions and sample exams. With a sufficient amount of practice‚ the child becomes familiar with the material which will help their confidence and speed during the examination. The software underwent a thorough evaluation exercise by the Ministry of Education
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Importance of MIS in the Human Resources Department Management Information Systems (MGMT 5853) 04/04/2011 Introduction of Management Information Systems In this modern‚ increasingly globalized world‚ to be able to get and manage information is very important for every company. Management Information Systems (MIS) have very significant functions in a company; without them‚ the company would have trouble surviving and competing with other companies. “Management Information Systems (MIS) is a system
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deal with business people or business men .In MIS‚ the knowledge is recognized as a serious resource like capital and time. If this resource should be managed well‚ it calls upon the management to arrange for it and management it‚ in order that the knowledge becomes a significant resource for the system.
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