8/5/2013 PowerPoint® Lecture Presentation to accompany Principles of Economics‚ An Asian Edition N. Gregory Mankiw | Euston Quah | Peter Wilson © 2008 Cengage Learning 1 TEN PRINCIPLES OF ECONOMICS © 2008 Cengage Learning 1 8/5/2013 Economy. . . . . . The word economy comes from a Greek word for “one who manages a household.” © 2008 Cengage Learning TEN PRINCIPLES OF ECONOMICS A household and an economy face many decisions: Who will work? What goods and how many
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Outcome 2.1 Show macro and micro environmental factors which Influence marketing decisions -Gatorade is not PepsiCo official product in Vietnam but it isn’t produced in Vietnam ‚ it was imported from foreign country so the price of the product is higher and isn’t really suitable for Vietnam average income. There are two main environment elements which affect the price of the Gatorade: Micro environment -Competitors: There are many other products to choose in the soft drink market include
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CHAPTER 3: THE MACRO ENVIRONMENT MGMT 488 – STRATEGY AND POLICY OVERVIEW The macro environmental analysis is the first step in creating the Environmental Analysis. The macro environment examines the general business climate as it relates to the organization‚ but has nothing to do with the organization itself. The macro environment is primarily concerned with major issues and upcoming changes in the environment. The acronym for the macro analysis is “STEEP.” The five areas of interest are Socio-cultural
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Q.1) Explain How Macro Environmental Factor Affect International Business Product With An Example. There are many factors in the macro-environment that will affect the decisions of the managers of any organization. Tax changes‚ new laws‚ trade barriers‚ demographic change and government policy changes are all examples of macro change. To help analyze these factors managers can categories them using the PESTEL model. This classification distinguishes between: Political factors: These refer to
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What are the three stages of child development Write two paragraphs on each of the two sub-phases of the first stage 0 to 6 years. Child development refers to the biological and psychological and emotional changes that occur in human beings between birth and the end of adolescence‚ as the individual progresses from dependency to increasing autonomy. Because these developmental changes may be strongly influenced by genetic
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reconcile‚ the three pillars of sustainable development in the subject area? Sustainable development is defined as “development which meets the needs of the present without compromising the ability of future generations to meet their own needs.” In this essay‚ I will be tabulating all the three pillars of sustainable development which are; Economic growth‚ Social equity and environmental protection. And identifying the key stakeholders in reconciling a balance between the three pillars.
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scientist around the US have been discovering new information about the development of the teen brain. They have researched what is necessary and what is impairing good development of adolescents. A child psychiatrist and neuroscientist at the National Institute of Mental Health‚ Dr. Jay Giedd‚ has found extensive research on how everything a teen does‚ affects how their brain and body is being shaped. Many scientist‚ including Dr. Jay Giedd have also realized how vital sleep is during puberty (Hyde
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small micro-organism that cannot be seen through naked eyes but only through the use of a microscope. Some of the Micro-organism in the environment include; bacteria‚ viruses and fungi to mention but a few. Whereas some Micro-organisms are associated with causing of diseases others are known for destroying the balance in the ecosystem. However‚ this is not always the case because some of them are useful in recycling important nutrients back into the ecosystem. Just like human beings‚ for micro- organism
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The macro environment Introduction Marketing’s role is to match the capabilities and resources within the organisation with market opportunities external to the organisation. Understanding customer needs is central to achieving this aim‚ but marketers must also be aware of factors that can cause customer needs to evolve. A change in customer needs will impact upon the organisation’s ability to serve its customers. This means that marketers have to be knowledgeable about what is happening in the
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Mobility’. Horizontal Mobility refers to change of residence of job without status change‚ such as a teacher’s leaving one school to work in another or even in a factory as a Welfare Officer. “Vertical Mobility” refers to movement in any or all of the three areas of living class‚ occupation and power. An individual’s mobility‚ up or down is a measurement of how is achieved status compares with his ascribed status. Social change is natural phenomenon and the moment there is also social mobility. Probably
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