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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Chapter 1 I - Background of the study Point of sale is the place where a retail transaction is completed. It is the point at which a customer makes a payment to the merchant in exchange for goods or services. At the point of sale the retailer would calculate the amount owed by the customer and provide options for the customer to make payment. The merchant will also normally issue a receipt for the transaction. Base in our research‚ the oldest‚ simplest POS system is the cash register‚ but there
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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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Speech Variation In Restaurants There are three different dialects in Pennsylvania that will give away where you reside. Why is there so much contrast in speech among the residents of the city and country? The culture where I am from has molded my speech‚ attitude‚ and actions; it also has created who I am today. The “city life” is exceptionally different from the “country life‚” I know this because of my expedition to the middle of nowhere‚ Lock Haven‚ PA. Somewhere on the four-hour car ride
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Moviante Restaurant Case Study SMHM 5280 October 11‚ 2004 Introduction This proposal is intended to pinpoint the problems and introduce actions or solutions for the active restaurant operator-owner and manager who are involved in the Moviante Restaurant. The analysis is divided into four parts: (1) problem identification‚ (2) causes of the problems‚ (3) solutions to the problems‚ and (4) recommendations. Additionally‚ there will be a complete discussion on problem solving designed
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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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Nature and Scope of Jurisprudence What is Jurisprudence? There is no universal or uniform definition of Jurisprudence since people have different ideologies and notions throughout the world. It is a very vast subject. When an author talks about political conditions of his society‚ it reflects that condition of law prevailing at that time in that particular society. It is believed that Romans were the first who started to study what is law. Jurisprudence- Latin word ‘Jurisprudentia’- Knowledge
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Manly’s restaurant sector seems to lack a restaurant that will provide consumers with an authentic Brazilian dining experience. Currently‚ most restaurants in the area meet the expected industry standards but lacks in the supply of high quality food‚ beverage and service originated from South America. La Barata will target that gap and launch a Brazilian cultural experience in the Manly area specialising in dining‚ cooking classes and entertainment. La Barata is an innovative restaurant with
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Introduction and Company Background This report is pertaining to a fictitious Restaurant‚ Heavenly Caribbean Restaurant. Heavenly Caribbean Restaurant is where food lovers are taken to the crystal clear waters‚ white sand and warmth of the sun of the Caribbean islands through the exotic and exciting Caribbean gastronomic experience. The restaurant is a small family business located in the heart of Brooklyn New York‚ in a very busy downtown location that is surrounded by many businesses‚ such as
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Abstract By using the given structure contour map for the Scope field‚ the given parameters as well as the assumptions‚ the Oil and Gas Reserve was calculated and are given below: Table 1: Gas Reserves estimate Gas Reserves | | | m3 | Bft3 | 1P | 1.30E+10 | 368.1 | Table 2: Oil Reserves estimate Oil Reserves | | | m3 | MMbbl | 1P | 2.64E+08 | 663.6 | 2P | 3.67E+08 | 922.6 | 3P | 8.44E+08 | 2123.3 | The properties of the reservoir can be expected to change due to
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