Advantages of Acquiring an Ongoing Business 1. Already operational normally leads to success 2. The time and effort to start a new venture is eliminated 3. Possibility of buying an on going venture @ bargain price The next step 1. Business environment 2. Profits‚ Sales & Ratios 3. Business Assets ( Inventory‚ equipment‚ trademarks‚ goodwill) Questions 2 Ask 1. Why is the business being sold? 2. What is the current state of the business? 3. What is the current condition of the inventory
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Specialization in Trade 1. a) A country is said to have an absolute advantage in the production of a good if it can produce it using fewer resources than another country. On the other hand‚ a country is said to have a comparative advantage in the production of a good if it can produce the good at a lower opportunity cost than another country b) The theory of comparative advantage suggests that even though one country is “better” at producing both goods (concerning two countries)‚ these countries
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size. C) the share of US Trade in the economy roughly tripled in size. D) U.S. Imports roughly tripled as compared to U.S. exports. E) U.S. exports roughly tripled in size. 2) Ancient theories of international economics from the 18th and 19th Centuries are (C) A) not relevant to current policy analysis. B) are only of moderate relevance in today’s modern international economy. C) are highly relevant in today’s modern international economy. D) are the only theories that actually relevant
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10th February 2014 Discuss the advantages and disadvantages of the first past the post electoral system The UK electoral system is run by the First Past the Post system‚ voting takes place in single-member constituencies. Voters put a cross in a box next to their favoured candidate and the candidate with the most votes in the constituency wins. The advantages of using a First Past the Post system are as follows: Firstly‚ the system is simple and easy for constituents to understand because you only
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AUGUST 2007‚FIRST DRAFT Services provisions in regional trade agreements: stumbling or building blocks for multilateral liberalization? Carsten Fink World Bank Marion Jansen* WTO Paper presented at the Conference on Multilateralising Regionalism Sponsored and organized by WTO - HEI Co-organized by the Centre for Economic Policy Research (CEPR) 10-12 September 2007 Geneva‚ Switzerland The views expressed in this paper are the authors’ own and cannot be attributed to the World Bank‚ the WTO
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Customs and Trade Much of the history of international relations and trade concerns efforts to promote free trade among nations. The 17th century saw the growth of restrictive policies that later came to be known as mercantilism. The mercantilists held that economic policy should be nationalistic and should aim at securing the wealth and power of the state. Governments were led to impose price and wage controls‚ promote exports of finished goods and imports of raw materials‚ and prohibit the exports
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Fair Trade Versus Free Trade Cohort 4 believes that fair trade is the most prosperous way to trade with other countries. Both free trade and fair trade have advantages and disadvantages. The researchers in Cohort 4 have established a viewpoint regarding fair trade and free trade. Considering the research that the cohort has conducted‚ they are in opposition to free trade. The terms free and fair trade sometimes go hand-in-hand but there are distinct differences between the two. According to Wikipedia
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learning theory was perceived as the way the mind thinks and how the mind obtains information that is presented and how the information is being utilized to help the adult learner to become more knowledgeable and successful in life. Sharron Merriam states “adult learning is a complex phenomenon that can never be reduced to a single‚ simple explanation; rather it is an ever-changing mosaic where old pieces are rearranged and new pieces are added.” (Merriam‚ Sharron B. Adult Learning Theory for Twenty-First
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Many elephants are dying because of the ivory trade. The ivory trade is a trade for elephant tusk. The ivory trade takes place in Africa. Most of the ivory is hunted for illegally and is mostly by poachers. Poachers are people who hunt illegally‚ and don’t have a license from the government. However‚ most poachers aren’t using the ivory the Chinese are. Three fourths of all ivory hunted is bought by the Chinese. Ivory is used to make many objects like rings‚ jewelry‚ chopsticks and other objects
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Aristotle - notes on 4 causes and the Prime Mover • Aristotle was a materialist. The material world is important for Aristotle as it is this world where our knowledge starts (i.e. we are not born with knowledge like Plato suggested – he’s not a rationalist). • He was an empiricist. This means that he believed knowledge comes to us through the senses. So knowledge for Aristotle is a posteriori (post experience) not a priori (prior to experience). • Philosophy‚ for Aristotle‚ was ultimately
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