focuses on two systems of economy‚ that is Market economy and Command economy. Basically there are four types of economy: Traditional Economy: As the word says‚ Traditional economy is an economic system in which traditions‚ customs and beliefs of the economy guides the production of goods and services. Command Economy Command economy is a system in which government plays a major role in taking the production decision for goods and services in the economy. Market Economy Under this system‚ goods and
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Dollar Tree Logis-cs and Distribu-on Center Decision Dollar Tree • Main merchandises: – $1 – Consumable merchandise: candy‚ food‚ health and beauty care‚ house wares (paper‚ plas-cs‚ chemicals) – Variety merchandise: toys‚ durable house wares‚ giCs‚ party goods‚ gree-ng cards – Seasonal goods: Easter baskets‚ summer toys‚ lawn and garden equipments
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ECONOMY Since the end of World War II‚ the Philippine economy has been on an unfortunate trajectory‚ going from one of the richest countries in Asia (following Japan) to one of the poorest. Growth immediately after the war was rapid‚ but slowed over time. Years of economic mismanagement and political volatility during the Marcos regime contributed to economic stagnation and resulted in macroeconomic instability. A severe recession from 1984 through 1985 saw the economy shrink by more than 10%‚ and
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GDP Gross Domestic Product or GDP defined as “the value of the goods and services generated within a country.” GDP is believed to provide a measurement of a country’s overall economic output and also helps to determine the national income. The U.S. was severely impacted by a recession as it hit in 2008. The GDP for the year 2008 was just above $14 trillion‚ -.3% (0%‚ .4%) and by the end of the fourth quarter in 2008‚ GDP was -8.9% (-6.8%‚ -5.4%); it had fallen 6.4%. This was mainly due to economic
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Everyone of us must have heard the well known proverb "Unity is strength". No country which is run by internal dimensions and divisions can stand against enemies. Divisionand lack of unity always ends in disaster. In the same way differences among brothers ruin the family. Take the case of Ravana‚ The King of Lanka. He was fated to die when his brother left im and joined his enemy. Jealousy between Prithvi Raj and Jaichand gave an oppurtunity to Mohammad Ghori to conquer India. The quarrels among
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Strength of an electromagnet AIM The aim of this experiment is to investigate how the strength of an electromagnet is affected by the size of the current flowing through its coils. YOU WILL NEED A large (15cm long) iron nail A metre of insulated copper wire 6 metal paper clips A power supply (0-6V dc) An ammeter (0-5A) Connecting leads with 4mm plugs WHAT TO DO Strip off about 5 cm of the insulation from each end of the wire. Set up the apparatus as shown in the diagram. Switch on the
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Compare and contrast standardized‚ concentrated and differentiated Global Marketing. Critically evaluate each strategy with an example from a global company to illustrate the differences There is a tendency for international corporate-level strategies to be substituted for global marketing strategies; namely‚ multi-domestic strategy to concentrated marketing‚ global strategy to standardized marketing‚ and transnational strategy to differentiated marketing. However‚ the borderline lies as the former
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are evading the International Revenue Service‚ employers and workers alike. Americans are reverting to the underground economy‚ where tax-evaders‚ illegal workers‚ prostitution‚ and drug rings are abundant. This type of hidden income made by these activities go unreported in the national income‚ and has become accepted as the status-quo all over the world. The Underground economy is difficult to control‚ but can be managed with well thought out tax plans‚ and more severe punishment. In the years
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Family Dollar Doesn’t Fully Meet its Mission Statement Leslie Dailey University of the People In partial fulfillment of the requirements for BUS 1101 Unit 2 – Mission‚ Strategy‚ Objectives‚ and Organizational Structure Professor Jane Burman-Holtom 25 November 2015 Abstract A fortune 500 company‚ Family Dollar strives to provide its customers‚ associates‚ and investors the best product possible. Through a comprehensive business strategy‚ they are able to provide a wealth of products at
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promoted the development of the market economy in Europe. From the ending of the 19th century‚ the major capitalist countries in Europe and the United States had successively entered the stage of monopoly capitalism from the unrestricted competition of the capitalist stage. In order to get more resources‚ some capitalist countries started twice world wars. After the world war two‚ United Stated became the most powerful country in the world. And the market economy began to be developed in the all world
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