WUS101/2 TERAS KEUSAHAWANAN SEM II 2012/2013 LAPORAN PROFIL USAHAWAN Prepared by: NORHAMIZAH BINTI IDROS 108965 930623-10-7864 KEJURUTERAAN ELEKTRONIK (EE) Prepared for: MOHD KAMIL ARIFFIN LECTURER WUS101 USM 25 APRIL 2013 Date: 20 APRIL 2013 Norhamizah Idros Kampus Kejuruteraan Universiti Sains Malaysia 14300 Nibong Tebal‚ Pulau Pinang. Mohd Shafie Ariffin Lecturer of WUS101 Universiti Sains Malaysia. Submission of WUS101
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the Section 5.3 Review and Section 6.2 Review videos I have realized that gas price changes are inelastic. Inelastic demand is “when percent change in quantity demanded is less than percent change in price‚ so price elasticity is less than 1 in absolute value” (Hubbard & O’Brien‚ 2015b). This means that when a price of a product changes‚ such as gas‚ it does not affect the demand of that good or service. I feel that consumers will be responsive to the price change when these fluctuations occur due
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The Home Development Mutual Fund (HDMF)‚ more popularly known as the Pag-IBIG Fund‚ was established to provide a national savings program and affordable shelter financing for the Filipino worker. The Fund offers its members short-term loans and access to housing programs. It is mandatory for all SSS- and GSIS-covered employees; uniformed members of the AFP‚ BFP‚ BJMP and PNP; as well as Filipinos employed by foreign-based employers. VISION: For every Filipino worker to save with Pag-IBIG Fund and
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. At the time of writing Keynes’ approach to the demand for money was radical. However‚ The General Theory received much criticism and lead other economists to try and justify Keynes’ findings‚ particularly in respect to the inverse relationship between the interest rate and the demand for money. Of these‚ the most widely quoted model is the Baumol/Tobin inventory-theoretic-model developed separately by William Baumol (1952) and James Tobin (1956) resulting in similar conclusions. They are often
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Original Kayak Adventures advertises in regional magazines and maintains a Web site‚ which Edie designed. Customers say that the site is attractive and informative‚ but the Caputos are not sure of its effectiveness in attracting new business. At this time‚ no other kayak rentals firms operate within 20 miles of OKA’s location. So far‚ the Caputos’ plan is working out well. OKA rents space at a nearby marina‚ where Edie runs the office and operates her Web design business. She also handles rentals
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Technology It goes without saying that there are many benefits to technology. For example‚ the Internet provides us with instant access to an unlimited amount of information. We can connect to anyone through social networking. Not to mention‚ Smart phones include applications to manage every detail of our lives. Yet‚ with all these advantages‚ the disadvantages are hard to ignore. In social or even professional settings‚ people are checking their e-mail‚ cell phone‚ and Facebook profile‚ distracting
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Entrepreneur of the Year In 2005 Ernst & Young bestowed the second Entrepreneur of the Year Philippines award to National Book Store’s founder and chairman‚ Mrs. Socorro C. Ramos. This prestigious award is bestowed to an individual that best embodies entrepreneurial spirit‚ financial performance‚ strategic direction‚ community/global impact‚ innovation‚ and personal integrity/influence. The award is presented annually in more than 125 cities in 40 countries worldwide. Hard work‚ perseverance
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TUTORIAL 1: DEMAND THEORY 1a) The demand curve for haircuts at Terry Bernard’s Hair Design is P = 15 – 0.15Q where Q is the number of cuts per week and P is the price of a haircut. Terry is considering raising her price above the current price of RM9. Terry is unwilling to raise price of the price hike will cause revenue to fall. Should Terry raise the price of haircuts above RM9? Why or why not? b) Terry is trying to decide on the number of people to employ based on the following
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How to develop an Effective Scientific Retail Demand Forecast? Purpose of the Forecast The ability to effectively forecast demand is critical to the success of a retailer. In this hyper competitive environment of ever diminishing margins‚ every paisa saved or earned is critical. A robust demand forecast engine‚ can have significant impacts on enhancing both top & bottom lines. In today’s world‚ the retailers require forecasts that would be instrumental in directing the organisation through
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and so much of our future will be rooted in Mr. Sam’s principles” (Walmart‚ 2012). You can see this principle the moment that you walk in to any Walmart store. There is a greeter there to meet you everytime. Sam Walton made sure that from the time that you walked in the door that you had great customer service experience. Not only will it make the customer feel welcomed‚ but it will also help repeat business. To obtain this type of customer service level‚ the leader behind the scenes needs
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