Explain the term ‘underlying trend rate of growth’ and the factors determining this rate. The underlying trend rate of growth represents a curve which shows the annual potential growth maximum that can be achieved with all available resources. An economy must target to increase this rate of growth and also actualize it. If the economy grows higher than this rate it will experience inflation. If lower it still has the capacity to grow. The trend rate of growth for an economy also represents the
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severe‚ economy crisis which has occured in 1998 has effected many countries badly. These included the industrial countries such as US‚ RUSSIA‚ and JAPAN. After the incident‚ our country‚ Malaysia took a long time to stabilize the economy. Despite these problems‚ students in malaysia nowadays are not aware of the effects when they tend to spend money without helitating. These has caused many financial problem to occur among students. Due to culture shock‚ students become more excited about the new
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PRICING STRATEGIES Global pricing is one of the most critical and complex issues that McDonald’s faces since price is the only marketing mix instruments that create revenues while all other elements entail costs. A multinational company such as McDonald’s also faces the challenges of how to coordinate their pricing across different countries because of the fact that a company’s global pricing policy may make or break its overseas expansion efforts. In this case‚ McDonald’s is using Value-Pricing
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Some Dimensions of Culture (or the CONTENT of an organization’s SPECIFIC underlying assumptions) Ask yourself‚ what specific underlying assumptions are contributing to the problem to be solved? What category of content below do these assumptions fall into? These are the relevant dimensions. Schein (Schein‚ 2010‚ pp 69-175) From External Adaptation: Shared Assumptions about Mission Strategy Goals Means Measurement Correction From Internal Integration: Common Language Group Boundaries
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Agenda Setting Patricia Wigington Grand Canyon University COM 126 Introduction The mass media today‚ no longer reports public opinion‚ it drives it. This paper discusses how mass media sets the agenda‚ and what impact this had on the issues that emerged during the 2008 presidential election. According to Donald Shaw and Maxwell Combs‚ agenda is a theory to describe now the news media can have a considerable impact on shaping the publics opinion of a social reality‚ on influencing what
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Executive Summary Acting as a “mystery shopper“ we have evaluated one of the McDonalds’ retail shops. We have chosen a McDonalds retail shop by reason of its obvious success. McDonalds has got a yearly profit of approximately 5.5 billion USD by trading with fast-food. Our evaluation shows us there is one certain reason of its success: Constancy! Customers know what they get at McDonalds‚ wherever they are in the world and apparently they appreciate this constancy. Nonetheless
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We can all recognize the obvious benefits of obtaining a college degree -- job opportunities and higher earning potential. But oftentimes we overlook or under appreciate the underlying benefits of earning a college degree. However‚ if you take a closer look at the "hidden" benefits‚ you will likely realize that earning a college degree is not completely about financial enrichment. Earning a degree could potentially boost your self-esteem‚ allow you to make healthier choices‚ and create a better
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Another sociological term demonstrated in Crash is the theory of micro-aggression. Microaggressions would be defined as "Microaggressions are subtle insults (verbal‚ nonverbal‚ and/or visual) directed toward people of color‚ often automatically or unconsciously." While the individual effects of these particular instances may be small‚ the cumulative effects can be devastating. In Crash‚ I believe the character that most exemplifies this is the film director. Examples of these subtle insults would
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Case 72 Swan-Davis‚ Inc. Bond and Stock Valuation Swan-Davis‚ Inc. (SDI) manufactures equipment for sale to large contractors. The company was founded in 1976 by Tom Stone‚ the current chairman‚ and it went public in 1980 at $1 per share. The stock currently sells for $15‚ Stone owns 14 percent of the shares‚ and other officers and directors control another 13 percent. The industry is cyclical‚ and competition is strong‚ so profits are some-what unstable. Tables 1‚ 2‚ and 3 provide historical
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Agenda-Setting and the Presidential Election The agenda-setting function of mass media has largely been influenced by news coverage and the public’s view about the significance and the truthfulness of the stories covered by mass media. Some theorists have stated that news editors and anchors have a significant impact on determining the public’s views of social reality. Mass media has a huge influence on how people think and their perception of what they are reading or listening to . One of
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