1. Can gross domestic product be used as a measure of welfare‚ well being? Discuss. Gross domestic product (GDP) is a vital concept in national income accounting. It may be defined as “the total market value of all final goods and services produced within a given period by the factors of production located within a country” (Case‚ Fair & Oster‚ 2008‚ p.105.). Essentially‚ GDP is a measure of production of an economy; that is‚ it measures its economic performance. Despite this‚ economists often use
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Bacteria Growth Requirements Microbiology Life as we now it has ended. What is left you ask? Well it is said the only thing that could survive an incident that could end our known way of life is a roach and a pack or Twinkies. In truth the great survivor would be microorganisms. Microorganisms can survive where most cannot due to their size‚ nutritional needs‚ energy requirements‚ and are very good at adapting to different environments (Black 2008). Microorganisms require two things to
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public finance(little to no impact in the economy).”Public investment is essential to achieving Guatemala’s development goals‚ yet it remains constrained by a lack of resources. Boosting growth will have to depend upon continued reforms to mobilize increased private investment and revenue to fund important pro-growth investments in infrastructure and human capital.” Although‚ Guatemala has been one of the strongest economic performers in Latin America in recent years. In 2015‚ Guatemala exported $11
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Growth of Global Markets 1. The fundamental changes that are contributing to the growth of global markets I think are the changes in technology‚ basically of communication technology that are making it easier to do business globally. Firms take advantage of differences in cost and quality of various factors of production by expanding their business globally. 2. I think that one of the goals of every firm is to retain loyal customers. This is very important for the firm because‚ then they know
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Wal-Mart stores in 2003 Identify the issue Wal-Mart stores‚ one of the most successful retailing chain in the world‚ has gain competitive advantage over its competitors. Thanks to his unique set of features‚ like its powerful IT system‚ its way of manage suppliers or its logistic system‚ Wal-Mart is able to responds quickly at demand changing‚ maintain low costs and satisfy its customers. Framework used in analysis The analysis will be conducted using the value chain framework in order to analyze
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HRM Evolution-India Indian experts account growth since 1920 This period related to post I-World War difficult conditions that called for State intervention & Trade Unions. The Royal Commission (1931)- recommended to appoint of Lab-Welfare-Officer for selection of workers & settling grievances The Factories Act‚ 1948- compulsory Welfare officer (workers 500 & 500+) In course of time: Two Professional Bodies set up. IIPM ( Kolkota ) & NILM (Mumbai)‚ premier Traditional Industrial
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Q. Discuss the growth of reality television show in India and analyze the cause of their immense popularity among the Indian audiences. Indian are high on the emotional quotient and anything that strikes the emotional chord is a instant hit in India. The success of reality show in India can be attributed to a great extent to this weakness. The relief that these shows provide from the saas-bahu soaps is another reason for their immense popularity. The rising popularity of the reality shows on Indian
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sometimes rapidly (Macy’s Co.‚ 2016‚ p4). “As we look to 2017‚ we anticipate a sales trend that is similar to 2016” (Macy’s Co.‚ 2016‚ p4). We will continue our work on reducing costs to free up funds to invest in growth initiatives that will help us gain market share‚ return to growth‚ and derive enhanced value for our shareholders over time (Macy’s Co.‚ 2016‚ p4). Macy’s has defined its vision is: “To operate Macy’s and Bloomingdale’s as
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3/21/2012 Cell Growth & Division Essay Kate Nogler Mr.Lapointe When a living thing grows‚ it produces more cells through a process called cell division. Cell division is necessary for any growing eukaryotic cell structure. Cells divide through a system called the cell cycle. It is a complicated and crucial part of anatomy! Before a cell divides‚ it must grow. However‚ a cell can’t grow forever. Once a cell gets too big‚ it divides itself into two daughter cells. A cell divides because
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The biggest cause of mold growth in homes is excess moisture created by leaking water which has gone undetected or elevated humidity due to inadequate ventilation. The obvious places for mold to germinate are the areas of the property which are most likely to be damp‚ like the kitchen and bathroom‚ basements and crawl space/attic are also common places associated with mold problems (mold will grow in glass fibre insulation.) In many instances mold growing in your property is fairly harmless‚ whilst
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