and textbooks which can be found in the list of references at the end of this assignment. To begin with‚ I shall start with the definition of economics. There is no exact definition of economics as it varies from the opinions among economist. However‚ many have chosen to agree with Alfred Marshall‚ a leading 19th century English economist‚ that economics is “a study of mankind in the ordinary business of life; it examines that part of individual and social action which is most closely connected
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PART A – Four Step Process (20 marks) Question (a) 10 marks The legal issue in question was the elements of agreement that are required for the formation of a legal contract. The elements of an agreement that are required for the formation of a legal contract is that it should consist of both offer and acceptance. This being said‚ there are principles that constitute an offer and acceptance. An offer consists of the element of promissory. This means that there must be an undertaking or promise
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Outsourcing Journey - Assignment #5 Question: Why do you think Lego’s outsourcing “failed”? (What factors explain the short-lived outsourcing relationship between Lego and Flextronics?) To answer this question‚ I want to state the fact that short-lived relationship between Lego and Flextronics was not a total failure. And to begin with‚ I want to list some of things that Lego learned through this outsourcing. From this list‚ we can also see why their relationship was short-lived. * There
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What do you think is unethical? The countrywide approved everyone to get their loans‚ no matter they have jobs or not‚ no matter they have income or not‚ no matter they have assets or not. The criteria they use may be unethical. They don’t care whether the documents are valid‚ whether they can verify the income‚ whether the appraisal is any good. They just care about getting the loan closed‚ in order to do another loan. The underwriters/ contractors looked through the loan as quick as they can.
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IF YOU THINK YOU CAN‚ YOU CAN “IF YOU THINK YOU CAN‚ YOU CAN” is a common phrase which we often use in vain.It means that if you have will and determination you will always find a way to success. For reaching the peaks of glory you should have a will to cross any hurdle that comes in your way. WINNERS NEVER QUIT AND QUITTERS NEVER WIN. Life’s battles don’t always go To the stronger or faster man. But sooner or later the man who wins‚ Is the man who thinks he can. Good morning everyone‚
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decided on ‚ Credit scores are a fair measure to help lenders to estimate potential risk. My point of view considering this topic is that I will explain why I agree with the issue then follow with supporting facts and details. I will proceed to explain the reasons why lenders and banks use scores t evaluate the risk. I will show that most people which have a repeated and unsatisfactory credit history usually‚ don’t change. I will share information on those with good credit established and how to maintain
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#6:Treasure Chest Problem: Someone offers to give you a million dollars($1‚000‚000) in one-dollar ($1) bills. To receive the money‚ you must lie down; the million one-dollar bills will be placed on your stomach. If you keep them on your stomach for 10 minutes‚ the money is yours! Do you accept the offer? Solution: Each dollar bill weighs 1 gram‚ if we multiply 1gram by 1‚000‚000 dollars we get a weight of 1‚000‚000 grams. If there are 454 grams in a pound then $1‚000‚000 will equal 2202 pounds
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in the video “Prototype This by Discovery Channel‚” used all twelve steps in The Adopted Design Process for PLTW Courses. The first step is to define a problem; in this case the problem is that there is too much traffic and not enough parking spaces. The second step is to brainstorm. They brainstormed that they should make a car that can go over the traffic and be able to park horizontal into the tight parking spaces. The third step is to research and generate ideas. The designers researched that they
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Which of our faculties do you think is more reliable - reason or perception? Give reasons. There are four ways of knowing. Reason is the way we obtain knowledge by means of our justifications and perception is the way we obtain knowledge by means of our experiences. People take different views on which one of our faculties is more reliable between reason and perception. As far as I am concerned‚ I would like to prefer reason tend to be more trustworthy. Two thirds of what we see
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1. Books are concentrated sources of wisdom. The more books you read‚ the more wisdom you expose yourself to. What are some books you can start reading to enrich yourself? Some books I’ve read and found useful are Think and Grow Rich‚ Who Moved My Cheese‚ 7 Habits‚ The Science of Getting Rich and Living the 80/20 Way. I’ve heard positive reviews for The Tipping Point‚ Outliers and The Difference Maker‚ so I’ll be checking them out soon. 2. Learn a new language. As a Singaporean Chinese‚ my
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