Economic Development - Changes in income‚ savings and investment along with progressive changes in socio-economic structure of country Economic Growth - Economic growth refers to an increase in the real output of goods and services in the country Globalisation refers to the integration between different countries and economies to operate as a single eco entity Can achieve eco growth by eco development How to achieve eco dev? Trade Patterns - What goods and services a country trades‚ with whom
Premium International trade European Union World Trade Organization
. 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
Free Economics Economy Economic system
InterContinental hotels A large company such as InterContinental Hotels Group is interested in finding out more about the factors that influence people buying hotel weekend breaks. Relating your answer to this example‚ review the different personal‚ psychological and social influences that might impact on someone seeking to make this kind of purchase. Review questions: 1) Name the types of buying behavior consumers use. List some products that you have bought using each type of behavior. 2)
Premium Decision making Decision theory Decision making software
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
Premium Management Motivation
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
Premium Capital accumulation Stock Investment
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
Premium General Certificate of Secondary Education Nature versus nurture
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
Premium Fair trade Coffee
ref=MjBfMDZfMTFfMTNfMV8yN18xNzI0OTk= Economic growth and economic development Like the infrastructure development‚ improvement of legal mechanism Can now be regarded as the most important precondition for sustainable Growth‚ a stronger economy‚ and pro-people system of governance‚ Writes M S Siddiqui Economic development generally refers to sustained and concerted actions‚ taken by the policy-makers and communities‚ which promote the standard of living and economic health
Premium Law Economics Governance
Gas prices 538852 Fletchers Meadow S.S Fluctuating Gas price Gasoline has become an essential part of life‚ something in which many of us have become dependent on. The price of gas is closely watched by the millions of consumers‚ and with the fluctuating prices it has many of us feeling drained‚ and always asking a common question; why do gas prices rise and fall? There are several factors that cause gas prices to fluctuate. One factor being the price of crude oil itself. Crude oil is used
Premium Peak oil Petroleum OPEC
But subsidies are essential‚ and has always been so to ensure the survival of all persons in Malaysia - especially those from the lower-incomed groups - including the middle class. The plan of removing subsidies - and using the money saved to channel financial assistance directly to the poor is being now thrown around. But alas‚ this really will not work given the rise of ’corruption’ and ’discrimination’ in Malaysia. Even today‚ there are many complaints that the UMNO-led BN government discriminates
Premium Public good Protectionism Malaysia