decision to be a legally valid one‚ it must have two types of jurisdiction: personal jurisdiction and subject matter jurisdiction. Personal jurisdiction rules determine whether a court has power over a particular defendant‚ you can’t just sue someone in your home state if the defendant doesn’t live in your state‚ has never been in your state‚ and doesn’t do business in your state. Where subject matter jurisdiction is the authority of a court to hear cases of a particular type or cases relating to a
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proven that they are truly innovative leaders. Ford Motor Company has fought their way up through the automobile industry from the great depression to the almost collapse of the automobile industry. Henry Ford and Ford Motor Company have played a vital role in history and America’s economy. They have managed to build a company based on value‚ customers‚ and tradition that is still going strong. Ford has made their supply chain a critical aspect of their company by promoting long-term relationships with
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The repercussions of the economic crisis are not going to disappear in the short What is economic crisis? * An economic crisis is A situation in which the economy of a country or countries experiences a sudden downturn brought on by a financial crisis. A financial crisis is a situation when money demand quickly rises relative to money supply. Until a few decades ago‚ a financial crisis was equivalent to a banking crisis. Today it may also take the form of a currency crisis. Many economists have
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1. What is Labour Economics? Labour Economics may be defined as a study of wages and employment in the labour market‚ and the distribution of income among individuals and households. Labour Economics looks at * Labour market processes * Size of the labour force * Trade Unionism * Labour Legislation * Factors affecting employment/ unemployment/underemployment * The demand and supply of labour 2. Law of Derived Demand. Explain Marshall’s law of derived demand states
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that is simultaneously useless when it comes to my mother and very important when it comes to my textbooks. Why does this childish phrase matter?‚ well it lead me to a much more pertinent phrase that changed my life. The first time I heard this excerpt it was on a Sunday like any other unassuming and quiet but the words echoed in my mind louder than anything “Grandpa can I borrow this” “I don’t know that’s a little complicated for someone your age” “But why” “Because you won’t understand it” “Won’t
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greatest improvements in the productive powers of labour‚ and the greatest part of the skill‚ dexterity‚ and judgement with which it is anywhere directed‚ or applied‚ seem to have been the effects of the division of labour."- Adam Smith Smith is saying that the greatest improvement we have in productivity is labour‚ labour is the key of the great things we have now. I agree with the author because the workers are the people who help with the economic growth‚ and the people who make the product should
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Political Science 1020E Professor Nigmendra Narain Term 1 Essay: What role should religion play in government policies? By Nivedita Sen Student Number: 250589199
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comprehensive or more useful than yours‚ clearly that means their BATNA is stronger- at least in one area. 5.0 Information: The more information we have about the subject matter of the negotiation‚ the greater our capacity to assess our BATNA and parties with whom we’re negotiating. 6.0 Experience: informs us about the subject matter of each negotiation. In addition‚ our experience working with other parties gives us a sense of their level of sophistication‚ their capacity to make and fulfill agreements
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Micro economics is a branch of economics which studies individual firms and consumers. The basis of micro economics is supply and demand; how does the market react to changes in supply and demand and inevitably how does it affect price. Microeconomic decisions by both firms and individuals are motivated by cost and benefit considerations. Costs can be either be in terms of financial costs such as average fixed costs and total variable costs or they can be in terms of opportunity costs‚ which consider
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Ini adalah ilmu sosial yang mempelajari produksi‚ distribusi dan konsumsi barang dan jasa. Q.2 What is an Economic System? Q.2 Apakah yang dimaksud dengan Sistem Ekonomi? Ans.2. It is the set of goals rules and institutions that society prefers to follow in its economic life. Economic systems are the major repository of the “values” and ideals that society wants to live up to in its Economic life. Ans.2. Ini adalah seperangkat aturan tujuan dan lembaga bahwa masyarakat lebih suka mengikuti
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