way‚ goes the way‚ and shows the way.” Leadership is a set of qualities that leaders possess so as to inspire others to learn more‚ do more and become more. I believe that the essential qualities of a good leader are the qualities of being sincere‚ confident and most importantly‚ resilient. Firstly‚ sincerity is essential for leadership as it is a natural extension of the leader’s personality and this allows for each leader to be unique in their own way. Actions speak louder than words and a sincere
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A Brief Write up on the Workshops to be conducted by the Department of Commerce. The Date: 15/12/12 The Time: 2pm-5pm 1) Social Media Marketing What it is: Social media marketing refers to the process of gaining website traffic or attention through social media sites. Today it is the WORD OF THE MOUSE that is creating business. Due to this‚ Social media has become a platform which increases communication for organizations‚ fosters brand
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2. Why isn’t money consider a capital in economics? Capital is a physical asset‚ which can be used to produce goods and services. Money is related to capital‚ in that it can be used to purchase capital‚ but it is not itself capital. The distinction is important if you consider that money can be created or destroyed through the expansion or contraction of credit‚ but this does not create or destroy any real capital. Money is capital. Money is the most common form of capital. Raising capital money
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Perfect competition A perfectly competitive market is a hypothetical market where competition is at its greatest possible level. Neo-classical economists argued that perfect competition would produce the best possible outcomes for consumers‚ and society. Ex:- Wheat‚ rice Key characteristics Perfectly competitive markets exhibit the following characteristics: 1. There is perfect knowledge‚ with no information failure or time lags. Knowledge is freely available to all participants‚ which means
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for 30 marks. Part B accounts for 70 marks. Answer BOTH questions in Part A. Answer TWO questions from Part B. In cases where a student answers more questions than requested by the examination rubric‚ the policy of the Economics Department is that the student’s first set of answers up to the required number will be the ones that count (not the best answers). All remaining answers will be ignored. PART A. Answer BOTH questions in this Part‚ which accounts for 30 marks. Al. Use Phillips
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resources financially ‚ we as consumers are now faced with the choice of what to purchase and how much to purchase so that we may satisfy our appetite whilst still remaining well within our allocated budget. This scenario is basically the concept of economics’ placed into practice in one’s everyday life. To the average consumer purchasing products or goods that are relatively close to the product’s expiration date may seem risky‚ hazardous‚ life threatening to one’s health or to the more skeptical individual
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Question: Consider the following short-run production function (where L = variable input‚ Q = output): Q = 10L – 0.5L2 Suppose that output can be sold for $10 per unit. Also assume that the firm can obtain as much of the variable input (L) as it needs at $20 per unit. a. b. c. Determine the marginal revenue product function. Determine the marginal factor cost function. Determine the optimal value of L‚ given that the objective is to maximize profits. Question: The Blair Company’s three assembly
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2.0 Factors that Cause Poverty It has many factors that cause to poverty for a country. This happens because on this world‚ it has too many people but just has few jobs and lack of foods for all people to survive. Some of the causes that cause to poverty are overpopulation‚ education‚ wars‚ corruption‚ and lack of resources‚ politics‚ and natural disaster and so on. 2.1 Overpopulation First of all‚ the factor that has cause to poverty is overpopulation. For example‚ Vietnam is one of the countries
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already few countries which had assisted suicide legalized with certain condition of the patients according to the law. Although countries that legalized assisted suicide shows concrete reason in doing so‚ the society are still concern about the question of ‘ Should assisted suicide be legalized?’ Research has been conducted and it seems to point out that assisted suicide should not be legalized among society for the reason of life being precious. Secondly‚ more people will exploit this policy
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Every day‚ thousands of planes take to the skies‚ transporting people all over the world. In the process though‚ these huge planes use massive amounts of fuel and greatly add to global warming and pollution. Discouraging non-essential flights is a good idea‚ but not at the expense of limiting the use of cars. Surely we can cut back on both. Travelling by plans has truly made our world feel a lot smaller‚ but not all travel is necessary. For example‚ already‚ technology and the Internet in
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