Mercantilism was an economic theory that was current between about 1550 and 1760. First‚ it stated that wealth can be created only by trading between nations‚ using the products in which each has a special advantage. The second feature formed the principle behind colonialism because it stated that an increase in the wealth of one country must cause a reduction of wealth in others. By deduction‚ for "civilised" European countries to become richer‚ countries in Africa‚ Asia and America will need to provide
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An Analysis of Ethical Principles in The Evaluation The term ‘ethical’‚ as I have come to apprehend it‚ is not just conforming to putative standards of conduct‚ but dealing with what is good or bad and with moral duty and obligation. Thomas A. Schwandt‚ a professor at the University of Illinois‚ notes that “while we can live in a world without standards and guidelines‚ we cannot live in a world without ethics.” Although‚ standards and guidelines have become prominent and are important guides in
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items/ products are organized properly. The cashier is responsible for cashing the products for customers and to also give good customer service. This labour is necessary to ensure that the business is operational and is functioning properly. Without this labour it may be very difficult to manage the business. With the help of skilled labourers‚ the business will be much easier to manage. Sources of Fixed and Working Capital Fixed capital is what was brought into the business‚ for example clothing
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1)The Principle of Utility is the belief that when a person has a number of options in a moral situation he should chose the one that results in the greatest amount of happiness for the greatest number of people. However‚ the definition of happiness is up to interpretation. I feel as though people should follow this principle in certain situations. For example‚ if you are faced with the choice of playing videogames by yourself at home or going out to dinner with your family you should chose the
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The National Association for the Education of Young Children (NAEYC) is a nonprofit corporation dedicated to act on behalf of the interests of young children. The NAEYC Code of Ethical Conduct offers guidelines for responsible behavior and sets forth a common basis for resolving the principal ethical dilemmas encountered in early childhood care and education promoting a commitment to integrity‚ veracity‚ fairness‚ and human dignity at all levels; nevertheless‚ further research and/or developments
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which satisfies the eye. Composition is involved with and governed by the principles of design. Composition is about visual organization. BALANCE Balance involves the distribution of elements in a work of art. Balance is the control of the elements in attracting attention. This attention must be evenly or unevenly spread over the area to make sure interest in kept up‚ all the way through the art work‚ without being static or chaotic. Balance can be symmetrical or asymmetrical.
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Elections in the Philippines has several types. The President‚ Vice President and Senators are elected for a six-year term. While the Members of the House of Representatives‚ Governors‚ Vice-Governors‚ Members of the Sangguniang Panlalawigan (Provincial Board Members)‚ Mayors‚ Vice-Mayors‚ Members of the Sangguniang Panlungsod/Members of the Sangguniang Bayan (city/municipal councilors)‚ barangay officials‚ and the members of the Sangguniang Kabataan (youth councilors) are elected to serve for
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Management Principles 1.1 Dell’s initial mistake was moving away from being customer-service orientated‚ to focusing on generating more profit by cutting costs. They did not consider the impact this move would have on their customers and their market share. It produced negative results. The Internal Environment was affected in the following ways: Insufficient skills or training in the call centre‚ resulted in slower turn-around time to resolve or react to customer queries. The uncertain
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presidential elections‚ but what are these influences‚ and how have they affected politics in America? Television in the United States greatly impacts the results of political debates‚ by allowing the audience to get a deeper insight in political campaigns. Although many would argue that television has had a negative impact‚ the truth is‚ television has allowed the United States to further pursue its role in politics through both positive and negative tactics. Television came into existence in the
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Marketing principles --- summative assignment Brand analysis: a case study of Hai Di Lao (hot pot restaurant) Introduction Most of the organizations manage themselves through strategy context to meet the consumers’ needs and wants. The strategy context can be considered in terms of four main elements‚ namely: the organization (and its resources‚ skills‚ and capabilities)‚ the target customers‚ a firm’s competitors‚ and the wider environment. (Baines‚ Fill and Page‚ 2010) Furthermore‚ organization
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