every step of buying process. Also‚ promotions and discounts aligned with holidays and festivals would be a good way to appeal consumers. 2. Is the Indian government’s willingness to spend $500 billion to improve the nation’s infrastructure good news for international retailers? Why or why not? - The Indian government’s willingness to spend $500 billion to improve infrastructure is certainly good news for international retailers‚ because a good infrastructure helps stores to decrease their costs
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1 Monopoly Why Monopolies Arise? Monopoly is a rm that is the sole seller of a product without close substitutes. The fundamental cause of monopoly is barriers to entry: A monopoly remains the only seller in its market because other rms cannot enter the market and compete with it. Barriers to entry have three main sources: 1. Monopoly Resources. A key resource is owned by a single rm. Example: The DeBeers Diamond Monopoly|this rm controls about 80 percent of the diamonds in the world. 2. Government-Created
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Demand elasticity Supply internal external factors influence Economics for Business “Oil prices are high and constantly changing‚ but alternatives fuels are not an evident choice for motorists. Assume that oil begins to run out and that extraction becomes more expensive. Trace through the effects of this on the market for oil and the market for other fuels” This essay will examine the impacts of what diminishing oil supplies and rising extraction costs will have on both the market for fuels and
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There are some characteristics that a professional must display‚ such as‚ empathy‚ respect‚ genuineness‚ and warmth. These characteristics assist the client in trusting the professional‚ so that there can be a willingness in the client to be honest with the professional. The willingness of the client will then lead to the client being able to trust the profession with the agreement of task and goals. With the characteristics that the professional must inhabit in order to have a working relationship
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Health belief model is a framework for nurses to utilize for education in health promotion. It investigates the individual’s willingness to adapt‚ the individual’s recognition in expressing the necessity in adjusting‚ and comprehending the advantages of physical and mental wellness changes. Nurses can play a vital role in influencing an individual in making instantaneous and perhaps lasting behavioral health modification. Smoking is one of the most crucial life threatening issues that society
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ratio is the ratio of valid votes on all registered voters in this referendum‚ and the results show this referendum voters’ turnout ratio is only 35.3%‚ which is especially low (see table 1). Analyzing whether rebel violence influences voters’ willingness to vote might explain the reason why this turnout ratio is so low. The total rebel violence for both characteristics (civilian killings and kidnappings) show no significant relationship with voters’ turnout ratio (see figure 4). Civilian killings
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Assignment Case Analysis: Leadership Online: Barnes & Noble vs. Amazon.com Answer all three questions. All questions carry equal marks. Q1. Based on your own experience of traditional bookselling and your exploration of online bookselling‚ compare willingness-to-pay for books supplied by these two business models. In the US‚ the traditional bookselling had a market of about 26 million dollars in the year 1996 and had grown to about 33 million dollars in the year 2001. It is growing at the rate
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Great man theory of leadership Definition Ideological theory that "great" leaders possess characteristics or traits not found in the rest of the population. This concept is based on the belief that great leaders are not made but born with unique characteristics which allow them to rise to the occasion during difficult periods in history to overcome obstacles and lead their nation successfully. Introduction Are some people born to lead? If we look at the great leaders of the past such as Alexander
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Developing an effective climate is therefore a key component for any organisation seeking to raise their game or increase their productivity. So what exactly IS climate? Climate can be described as ‘the unwritten rules’ or ‘the way things are around here’. It is a complex blend of attitudes‚ expectations‚ policies and norms that effect motivations & behaviours. Within every organisation a climate exists. Within every team or workgroup a micro-climate exists – and factors such as leadership style
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&Isok‚ 2014). Personality traits‚ experiences‚ and values must be noted here because the situation will reflect the preparedness of the employees in the handling of certain issues. The focus narrows down to the employee‚ something that requires a willingness and ability (Singh‚
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