Macro And Micro Economics Micro Economics:- Microeconomics is a branch of economics that analyzes the market behavior of individual consumers and firms in an attempt to understand the decision-making process of firms and households. It is concerned with the interaction between individual buyers and sellers and the factors that influence the choices made by buyers and sellers. In particular‚ microeconomics focuses on patterns of supply and demand and the determination of price and output in individual
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Examine the positive and negative effects of globalisation on people and the environment. The international monetary fund (IMF) defines globalisation as ‘the growing economic interdependence of countries worldwide through increasing volume and variety of cross border transactions in goods and services‚ freer international capital flows and more rapid wide spread diffusion of technology. Globalisation can only work if a country embraces it. The world is divided in 2 at the moment. The ‘core’ and
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Human impact on the Environment: Human impact on the environment or anthropogenic impact on the environment includes impacts on biophysical environments‚ biodiversity and other resources.[1][2] The term anthropogenic designates an effect or object resulting from human activity. Causes[edit]Technology[edit]The application of technology (in general) often results in unavoidable environmental impacts‚ which according to the I=PAT equation is measured as resource use or pollution generated per unit
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| Marine Environmental Services - GIS Mapping - Surveys - Assessments | Ads Answers.com > Wiki Answers > Categories > Health > What is positive human impact on the environment? Answer: Improve Positive human impacts are generally limited to undoing problems humans have caused in the first place. At one time "positive impacts" were thought to be changing land which was just wastefully being "natural" into productive farms or cities. Activities which improve damaged eco-systems
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EXTERNAL ENVIRONMENTAL FACTORS There are 7 external environmental factors. They are political‚ economic‚ sociocultural‚ technology‚ customers‚ competitors and suppliers. Each of these factors have a great impact to an organization. They offer both opportunities and treats to organization. POLITICAL factors refer to the relationship between a business and a government. Every organization must spend a great time and money to meet with governmental regulation. ECONOMIC factors refer to the conditions
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Biotic factor of environment Oct 16‚ 2012 * Biotic factors are organism or their product that directly or indirectly affect an organism. Measuring biotic components of the system 1. Lincoln index: (pg. 20) N= n1*n2m * Ntotal population size * n1number of animal capture on first time * n2number of animal capture on second time * mnumber of marked animal recapture * Involves collecting sample from the population‚ marking them in some way releasing them
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Impact of Tourism on the Environment (Negril) Negril is situated on the western end of the island of Jamaica. It is known as the 7 mile beach even though it is slightly longer than 6.4 km in length. Negril is also called the tourism capital of Jamaica. Tourism is travel for business‚ leisure or recreational purposes and therefore has many impacts on the environment: as natural habitats both aquatic and terrestrial are being destroyed and damaged when hotels and roads are being built‚ causing pollution
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MICRO AND MACRO MARKETING ENVIRONMENT Introduction Micro marketing Refers to the internal controllable factors or forces which affects the ability of a company to serve its customers. e.g. the organization‚ the market‚ the suppliers‚ market intermediaries and the marketing mix. The micro marketing environment that surrounds organisations can be complex by nature‚ however the company has an element of control over how it operates within this environment. Macro marketing Refers to the external
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Impact of Industrialization on Environment OVERVIEW Centuries ago‚ when there was no active expanding of large cities and industries‚ nature was able to overcome pollution and keep air fairly clean without outside help. The wind and rain in the form of natural rescuers scattered gases and washed away the dust. However‚ with increasing industrialization and urbanization‚ the nature’s system cannot cope with pollution and clean the environment naturally. In comparison with volcanoes‚ hurricanes‚
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percentage change in the price. The demand from economic point of view is not a need or want of customers to buy a product or service‚ but they willingness and ability to do so‚ taking into account the price of the good. If the consumers do not have enough money to purchase the product of service‚ no matter how much they need it – they will not buy it. This is the core connection between price‚ its elasticity and demand (Hughes‚ 1986). The revenue of the company is all amount of money that
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