Describe import substitution (Inward looking) developmental strategy‚ clearly outlining the differences between the first and second stage. Assess its effectiveness in promoting economic development. Compare inward looking and outward looking strategies and discuss the assertion that the latter is superior. The First Stage of Import Substitution: All present day industrial and developing countries protect their manufacturing industries for the domestic markets. While the industrial countries of
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enough to provide them mobility yet strong enough to stop European blades‚ and used weapons made of a steel so well-forged that it bent under pressure without breaking‚ yet held an edge so sharp it could cleave a man in half with only the force behind one arm. What was the secret steel of the Near East; it’s forging guarded so well by the sword smiths of Syria? That steel was called Damascus steel‚ a term used by the Crusaders to describe the
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1) Once hired‚ why do people work so hard at Microsoft? What motivates them? Answer: First‚ the culture of Microsoft. As the vision Gates mentioned: a computer on every desk in every home‚ running on Microsoft software‚ spirited many young to work hard. Second‚ rigorous and firm recruiting policy and process. As Ballmer said‚ “ We want people who are smart‚ who work hard‚ and who get things done.” Third‚ Challenging work assignments and tasks. Microsoft believed that individuals were
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core competencies approach emphasized the importance both of the skills and collective learning embedded in an organization‚ but little emphasis was placed on the external environment. From Prahalad ’s article titled "The Core Competence of the Corporation"‚ core competencies entail the collective learning in an organization and how diverse production skills and multiple streams of technologies are integrated. Core competence involves communication‚ involvement and a deep commitment to work across
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The Lovely Pink Passing: A Film Project on Steel Magnolias Abigail Seale University of Texas Pan American In the film‚ Steel Magnolias‚ death isn’t apparent till near the ending of the film. The awareness of death isn’t present till Shelby actually passes away and even then her mother M’lynn tries to hold on until there is no longer any hope. Also‚ the cast mates Truvy‚ the hair salon owner‚ Annelle‚ her worker‚ Clairee‚ former first Lady of town‚ and Quiser‚ the cranky one are all friends
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INTRODUCTION At the beginning of the 21st century‚ the biggest banks in the industrial world have become complex financial organizations that offer a wide variety of services to international markets and control billions of dollars in cash and assets. Supported by the latest technology‚ banks are working to identify new business niches‚ to develop customized services‚ to implement innovative strategies and to capture new market opportunities. With further globalization‚ consolidation‚ deregulation
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Lehigh Steel Background- Lehigh Steel was founded in 1913 and it manufactures specialty steels for high strength‚ high use applications. In 1975 it was acquired by Palmer due to its ownership of Continuous Rolling Mill‚ a specialized equipment that convert steel intermediate shape to wire for Palmer’s bearing. The industry as a whole is highly competitive‚ even a small change in price could alter customers’ consumption decision greatly‚ keeping costs down is therefore‚ one of the most important
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WAYS TO REDUCE GOLD IMPORT Ruchi Gupta gupta.ruchi93@gmail.com What is gold? CONTENT:- Various uses of gold Relation between price of gold and other economic factors Importance of gold in India Why increase in demand of gold in India. Import of gold in India. Negative effect of gold import on Indian economy. Steps taken by government for reducing import. Steps that should be taken by government to reduce import. WHAT IS GOLD? Gold is an element and a mineral
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Title: Competing Nucleophiles (Exp 24‚ pp 211-221‚ pp 808-823‚ pp 836-842) Purpose: The purpose of this experiment is to determine the nucleophilic strength of chloride and bromide ions as it reacts with 1-butanol (n-butyl) and 2-methyl-2-propanol (t-butyl alcohol) under SN1 and SN2 conditions. Method: 40 g of ice and approximately 30 ml of sulfuric acid is cautiously added to a 100 mL beaker respectively. Weigh 7.6 g of ammonium chloride and 14.0 g of ammonium bromide and place it in
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Management Control Nucor Company 1. With the given data‚ I received a bonus on the following months: February‚ March‚ and June with a total of P 3‚055. I saved the company a total of P 2‚750. a.) Starting over again with the given data‚ I would simply strive to meet the budget and receive the P 1‚000 incentive. The 2% additional bonus of the amount saved is too low an incentive and would hardly motivate me to save more for the company. b.) The P 1‚000 fixed bonus for
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