Objectives of Firms Introduction to Business Objectives Standard theory assumes that businesses have sufficient information‚ market power and (importantly) motivation to set prices for their products that maximise profits This assumption is now heavily criticised by economists who have studied the organisation and objectives of modern-day corporations. Not only do most businesses frequently move away from pure profit-seeking behaviour‚ many are organised and operated in a way where profit is not the
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reality. The main purpose of this essay is to outline the advantage and disadvantages of improving the digital divide by firstly address all the factors or barriers that contribute to the digital divide issues. Next‚ it will come up with some alternative solutions of how digital divide can be overcome and lastly‚ this essay will outline all the advantages and disadvantages of bridging the digital divide. Interaction between human and the information technology is increasing greatly in the 21st century
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Statement of Problem The term digital divide emerged in the mid-1990’s to describe the gap that exists between individuals who have access to technology and those that do not have access (Eamon‚ 2004). Computer technology has transformed modern society in profound ways (Behrman & Shields‚ 2000). Everyday society exposes citizens to technology in some form. Citizens integrate technology into common tasks such as signing into work‚ paying bills‚ shopping‚ paying taxes‚ and even reading the local newspaper
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DIGITAL SIGNATURE A digital signature is an electronic signature that can be used to authenticate the identity of the sender of a message or the signer of a document‚ and possibly to ensure that the original content of the message or document that has been sent is unchanged. Why use certificate signatures? Many business transactions‚ including financial‚ legal‚ and other regulated transactions‚ require high assurance when signing documents. When documents are distributed electronically‚ it
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www.economicshelp.org Micro Economic Essays Market Structure 1. Discuss how firms within an oligopolistic market compete. 2. Discuss whether monopoly is always an undesirable form of market structure. 3. Explain how interdependence and uncertainty affect the behaviour of firms in Oligopolistic markets 4. Evaluate the view that only producers‚ and not consumers‚ benefit when oligopolistic firms collude to try to reduce the uncertainty they experience. 5. Explain why contestable markets
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some very good reasons for legalizing marijuana. Doctors and health administrators should look into legalizing marijuana for the health benefits. There are both pros and cons to legalizing marijuana but there are more pros than there are cons. Marijuana has many health benefits and should be legalized all throughout the country. Next‚ there are many health benefits that come from medical marijuana. One thing is it helps your pain. Marijuana will help you deal with your pain because it will calm you
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“THE DIGITAL DIVIDE” Interaction between people and technology‚ most especially the COMPUTER‚ has greatly increased as we begin to enter on the twenty-first century. People’s ability to access computers and INTERNET has become very important to completely familiarize their selves in the economic‚ political‚ and social aspects of the world. Unfortunately‚ not everyone has access to this technology. The idea of the “digital divide” refers to the expanding gap between the needy members of society;
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What is meant by the term mandated benefit? Describe government-mandated benefits. What are the advantages and disadvantages of each? A mandated benefit is a law that requires a health insurance policy or health plan to cover specific providers‚ procedures‚ benefits or people. Mandated benefits are controversial. Some view them as consumer protections that ensure access to important care‚ while others contend mandates are promoted by narrow special interests and add significant cost but marginal
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1.What kinds of applications are described here? What business functions do they support? How do they improve operational efficiency and decision making? - Web browsers‚ calendar‚ address book‚ telephone‚ camera‚ music or video player‚ e-mail and messaging application are some of the applications described here. Camera functions as barcode scanners‚ scanner‚ and photo messaging. Calendar functions as scheduler. Camera application as scanner can be used to scan documents and can be sent without person
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Digital Signature Act 1997 The primary intent of the Digital Signature Act 1997 is to regulate the use of digital signatures and to provide for matters connected therewith. We start with the privacy implications of digital signatures in general. A digital signature is a ’message digest’ encrypted using the sender’s private key. The recipient can recreate the message digest from the message they receive using the sender’s public key. He can then compare the two results to satisfy himself
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