Opportunity cost Have you ever been in the situation deciding which cloth to buy? Have you ever facing the dilemma of to study or to play? Have you ever consider as a seller and choose to lower the price or raise it? In the field of economics‚ here’s a solution for you. The magic word is “opportunity cost”. Opportunity cost in terms of economy is the highest-value alternative one has to give up to engage in an activity. In other words‚ using the same resources such as money and time‚ the best
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Running Head: EQUALITY AND DIVERSITY 1 Equality and Diversity: A New Approach to Gender Equality Policy in the UK Gender Studies 30th April 2011 EQUALITY AND DIVERSITY 2 Abstract The United Kingdom is a country that claims to be intolerant towards gender discrimination and at ease with diversity of all kinds. It believes
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CU1532. 1.1i Diversity Diversity means the difference between people of other ethic‚ cultural or religious backgrounds and to respect them 1.1ii equality The same valuation for every person no matter what the backgroung‚ religion or ethnic. 1.1iii inclusion access to appropriate settings for every child to provide equal opportunities. 1.2 Describe the potential effects of discrimination People cannot reach their full potential because they cant access advantages of others. Their self esteem and
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(2003) describes an entrepreneurial opportunity as: “...a situation in which a person can create a new means-end framework for recombining resources that the entrepreneur believes will yield a profit. This definition of an entrepreneurial opportunity is useful in that entrepreneurial opportunities are about two things: something happening in the environment (resources) and something to do with the individual (creation‚ beliefs‚ recombination). Since opportunities are not always profitable the key word
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development. By 2005 it had achieved all the Millennium Development Goals (MDGs). Throughout much of the post-independence era‚ Malaysian women and girls have enjoyed equal opportunities with men and boys in access to basic social services. Women have been increasingly mainstreamed into development processes‚ and by playing a variety of roles at the family‚ community‚ and society levels‚ they have been able to contribute to national development and prosperity. In the earlier years‚ the issue of gender inequality
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6.1 Explain the purposes and types of assessment used in education and training. Students should explain in their essay the purposes and types of assessment used in education and training. (400 words minimum) Assessment serves various purposes in education and training‚ ranging from diagnosing learners’ needs to evaluating their overall understanding and skills. There are three different types of assessments‚ initial diagnostic assessment‚ formative assessment‚ and summative assessment. They serve
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resources is one of the more basic concepts of economics. Scarcity needs trade-offs‚ and trade-offs result in an opportunity cost. While the cost of a good or service often is thought of in monetary terms‚ the opportunity cost of a decision is based on what must be given up as a result of the decision. Any decision that involves a choice between two or more options has an opportunity cost. Opportunity cost‚ scarcity and trade-off are important in our daily life because it affects us every day in different
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so do the challenges you face as a parent. The adolescent years for teenagers are filled with numerous challenges‚ the biggest possibly being their sexual development/education and the effect it will play in their lives. A teen usually begins learning about sexuality at home where their parents will have a number of opportunities to discuss their sexual development and a number of other issues that they will face. For many parents sex is a topic they’d rather avoid due to their own anxiety and
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Unit 4222-303 Promote equality and inclusion in health‚ social care or children’s and young people’s settings (SHC 33) Level: 3 Credit value: 2 UAN: Y/601/1437 Unit aim This unit is aimed at those who work in health or social care settings or with children or young people in a wide range of settings. The unit introduces the concepts of equality‚ diversity and inclusion which are fundamental to such roles. Learning outcomes There are three learning outcomes to this unit. The learner will:
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diversity‚ equality and inclusion in health and social care. Learning outcome 1 Understand the importance of diversity‚ equality and inclusion in health and social care Assessment criteria 1.1‚ 1.2‚ 1.3 1.1 Diversity means valuing differences in people‚ be it‚ differences in race culture‚ class‚ education‚ religion‚ values and backgrounds. It means appreciating that people are different and they can provide different skills‚ experiences‚ and approaches to all manner of situations. Equality means treating
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