HND Business Management Business Economics NATURE & SCOPE OF ECONOMICS What is Economics? Issue in economics Macroeconomics Microeconomics Lecture 1 (c) Copyright MFA 11 Nature and Scope of Economics All About Economics Want and Desires Scarcity Economic Problems Opportunity Cost Production Possibility Curve(PPC) Shift of The PPC. 2 9/21/2011 Lecture 1 (c) Copyright MFA 11 WHAT IS ECONOMICS? 3 Issues in Economics Demand
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total Industrial production‚ contributes to nearly 30% of the total exports and is the second largest employment generator after agriculture. Today‚ India’s textile sector comprises four important segments: • Modern textile mills • Independent Power looms • Handlooms and • Garments ROLE OF HANDLOOM SECTOR: The Handloom sector plays a very important role in the country’s economy. It is one of the largest economic activities providing direct employment to over 65 lakhs persons engaged in
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“The Purpose Of Life Is A Life Of Purpose” In each one of us‚ there burns a soul destined for greatness. In every generation‚ a few are chosen to proven… and sometimes‚ it happened while others are in the bathroom. Life: No one knows where it will take us. Is it our own decisions that guide us or does fate play a big role in dictating the road that we travel? Which course we will be steering? What twists we must endure? One thing is for certain; there is no certainty. No wait too long and everything
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Branches / Areas / Scope of Marketing Research The scope of marketing research is very wide and comprehensive. It includes: 1. Product Research Product means the goods and services which are sold to the consumers. It includes consumer products and industrial products. Product research studies the individual product. It studies the making and marketing of the product. It studies the colour‚ size‚ shape‚ quality‚ packaging‚ brand name and price of the product. It also deals with product modification
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of the standards‚ considering areas for personal development. Then I would like you to describe how you ensure personal attitudes or beliefs do not obstruct your quality of work. Task B Reflecting on practice is an important role within early years. Explain why reflecting on practice and work activities are important in order to develop knowledge skills and practice. Identify where you go for sources of support in your learning and development and describe the process for implementing a
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These conflicting views‚ which primarily revolved around morals and religious beliefs‚ came into light with the Scopes Trial. Prior to the Scopes Trial‚ John Washington Butler proposed a bill to the state of Tennessee that it would be “...a crime there to teach ‘any theory that denies the story of the Divine creation of man as taught in the Bible‚ and to teach instead that man
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accessible than ever!! 2011–2012 HighScope Catalog Fall Edition To order‚ phone: 800.40.PRESS or fax: 800.442.4FAX New Arrivals Favorites New Arrivals && Favorites Tender Care and Early Learning: Supporting Infants and Toddlers in Child Care Settings‚ 2nd Ed. This second edition of Tender Care and Early Learning describes HighScope’s active learning approach for very young children who are in the sensory-motor stage of development — the stage when children learn with their whole body and
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NATURE AND SCOPE OF ACCOUNTING TERMINOLOGIES As an introduction to the course in accounting‚ it may be useful to define the following terms : - Accounts : These are the financial records in the organization. Every business transaction‚ or accounting entity‚ may be represented in an account by itself‚ e.g. wages‚ telephone expense‚ motor vehicle‚ Cash at bank‚ Investment - Book-keeping : This is the recording of the financial transactions of a business
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“Scope of Business Organization” Section A Mr. Akram is working as Management Training Officer Grade II in Habib Bank Limited. He has joined the bank two months ago against a contract of 5 years. The terms of this contract states that if he resigns from this post before 5 years then he is required to refund a sum of Rs. 500‚000 and all the training fees. His father Ansar Ali is running an auto workshop from the last 40 years. One day his father faces an accident and dies. Being the only son of
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classification of businesses is into the primary‚ secondary‚ tertiary sectors. I have chosen 5 Businesses which are: 1. eBay 2. ASDA 3. Beekeeping 4. Oxfam 5. Potter Primary:- Extraction or collection of raw material natural Resources e.g. Coal mining‚ oil rigs‚ farming‚ fishery‚ forestry mining. Secondary:- Manufacturing and construction taking things this may be from raw materials of other manufactures Tertiary sectors:- Service industries providing services for other people financial
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