. THE ECONOMIC PROBLEM AND ECONOMIC SYSTEMS The economic activity of a society consists of activities related to the production and consumption of goods and services. Since earliest times‚ the primary function of organized society has been economic in nature. The other elements of civilized society -- architecture‚ literature‚ music‚ etc. -- emerge only after the material needs of the society have been amply provided for. Poor societies do not build great pyramids‚ erect magnificent cathedrals‚ or
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died. Heartbroken‚ Samuel Morse left his carrier in painting to pursue research in telegraphy and long distance communication. From the invention of telegraph to the popularization of mobile phones and computer networks‚ technology has created nowadays more ways of communication to enable people to communicate easier and faster. The most important effect of technology on our communication is the speed of the transmission. Nowadays‚ people can send mail using the Internet. This worldwide network of
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that some subjects might be taboo or too emotionally stressful for others to discuss. Encourage Offer words and actions of encouragement‚ as well as praise‚ to others. Make other people feel welcome‚ wanted‚ valued and appreciated in your communications. If you let others know that they are valued‚ they are much more likely to give you their best. Try to ensure that everyone involved in an interaction or
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Herzberg Frederick Herzberg (1923-) had close links with Maslow and believed in a two-factor theory of motivation. He argued that there were certain factors that a business could introduce that would directly motivate employees to work harder (Motivators). However there were also factors that would de-motivate an employee if not present but would not in themselves actually motivate employees to work harder. McGregor McGregor’s X-Y theory is a salutary and simple reminder of the natural rules for
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Question 1: Discuss the following questions. Shareholders elect a board of directors to elect (i.e.‚ hire)‚ direct‚ and monitor the top executives of the firm‚ with the intent of having the firm managed in a way that is beneficial to the shareholders. Why is it then that we sometimes see unfortunate examples of executives bilking investors (e.g.‚ Enron‚ Worldcom‚ Tyco‚ and Adelphia)? Do changes need to be made in the way that shareholders control the firm’s top executives? Shareholders have the
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w w ap eP m e tr .X w UNIVERSITY OF CAMBRIDGE INTERNATIONAL EXAMINATIONS for the guidance of teachers 9698 PSYCHOLOGY 9698/12 Paper 1 (Core Studies 1)‚ maximum raw mark 80 This mark scheme is published as an aid to teachers and candidates‚ to indicate the requirements of the examination. It shows the basis on which Examiners were instructed to award marks. It does not indicate the details of the discussions that took place at an Examiners’ meeting before marking
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Do you enjoy drinking a warm cup of coffee in the morning? You probably do‚ just like many other people. I’m not much of a coffee drinker myself. I prefer tea. Although for those of you who love drinking coffee on a regular basis‚ you probably would prefer drinking fair trade coffee‚ especially as it ensures fair working conditions and wages for coffee farmers from developing countries. Here are 10 major fair trade coffee labels‚ as well as a description of each. Many of them are organic coffees
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Abstract Mobile IP has been designed within the IETF to serve the needs of the burgeoning population of mobile computer users who wish to connect t o the Internet and maintain communications as they move from place to place. The basic protocol is described‚ with details given on the three major component protocols: Agent Advertisement‚ Registration‚ and Tunneling. Then route optimization procedures are outlined‚ and further topics of current interest are described. Charles E. Perkins‚ Sun Microsystems
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SHC 21: Introduction to communication in health‚ social care or children’s and young people’s settings. 2.1 We all communicate in different ways; we all have different preferences need and wishes. There are also different types of communication; Written – Pro’s * Can be used as evidence * Re looked at * Clearer to understand * Easier to communicate with people who don’t have a lot of confidence Cons * Can be taken in the wrong way * Poor layout * Too much information
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differentiating between perfect competition and all other types of markets? Answer Selected Answer: whether or not firms are price takers Correct Answer: whether or not firms are price takers Question 7 10 out of 10 points In economic analysis‚ any amount of profit earned above zero is considered "above normal" because Answer Selected Answer: this would indicate that the firm ’s revenue exceeded both its accounting and opportunity cost. Correct Answer: this would indicate
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