01DEFINE AND EXPLAIN A RANGE OF CORE ECO TERMS AND CONEPTS INCLUDING ECONOMIC SURPLUS OPP COST AND SUNK COST DEFINE AND EXPLAIN A RANGE OF CORE ECO TERMS AND CONEPTS INCLUDING ECONOMIC SURPLUS OPP COST AND SUNK COST CHAPTER !: THINKING LIKE AN ECONOMIST Scarcity principal: due to limited resources to satisfy unlimited wants‚ trade offs occur in terms of having more of one good and less of another Economic decision: any decision when securing something of value means going without something
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Macro Environmental Analysis Boost Juice strategies will differ between countries in order to adapt to the different Macro Environmental related factors. The following are the Macro environment related analysis: Political Factor Different governmental policies must be researched for measures that may impact this industry and its ability to trade within that country. Boost Juice must carefully investigate this factor in order to certify that it is feasible to set up a store in certain locations. This
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am not lazy or passive with my education. Rather‚ I put in the effort required of me. I am committed to making the world a better place. Although there are not a lot of opportunities to do that where I am‚ I have done what I can. I am a part of NHS and actively volunteer through there. I also am involved with a youth group and have participated on mission trips where we go and help those in need in other communities. My goal in life is to help others however I can. My favorite subject is probably
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A macro environment comprises the external factors that can influence a business. These factors are often out of the control or management ability of a company. Factors typically include economic‚ demographic‚ political‚ and technological forces in business. Business owners and managers often spend copious amount of time and effort to assess the overall economic environment in order to determine the number and strength of each factor. Strategies and performance reviews can help owners and managers
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Macro SWOT Analysis Strength * Solid design and innovation: HTC is one of the leading ODMs (Original Design Manufacturer) for many top-tier operator-branded devices. It owns and designs the in-house products that are branded by other operators. The solid background may step up the producing process. * R&D investment: HTC has spent 15%-20% of sales on R&D. It recently opened the new R&D offices in North Carolina and Taipei to extend products’ features and functions. This may
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Environmental The environment provides life supporting resources and eco systems‚ quality of life conditions and amenities that are valued by people. Society consumes products and services provided by environmental resources and generates wastes that are disposed of in the environment. The values of individuals and groups within society drive decisions that determine the quality of the environment they live in and depend on. On the field trip Noel introduced us to the no dig system‚ which is
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Environmental Ethics Issue on Oil Spills Environmental Ethics Issue on Oil Spills The environmental ethics issue that I chose to examine in this paper is the petroleum industry and its long history of oil spills which damage the ocean’s ecology‚ runes beaches‚ kills animals‚ and threatens the fishing and shrimping industries. Even though the United States and many other countries depend on the oil carried by ships or drilled for on off shore drilling rigs‚ the damage done by this industry
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INTRODUCTION: The micro Environment The micro environment refers to the forces that are close to the company and affect its ability to serve its customers. It includes the company itself‚ its suppliers‚ marketing intermediaries‚ customer markets and publics. The business can take control over all challenges and influences in the micro environment. BODY: 1.1.1)Vision The vision of the business is what the business aims to achieve. It sets out where a business needs to go to be
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1. Macro environment External environment is the uncontrollable factors‚ forces‚ situations‚ and events outside the organization that affect its performance and strategies. As shown in below figure‚ the examples of macro environment of an organisation is include factors such as social cultural‚ political and legal‚ globalisation‚ economy‚ demographical and also technology. Detailed definition of macro environment factors mentioned and the description showed as below. Figure 1: Component of
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Counseling Microskills: Disclosure‚ Proxemics‚ and Eye Contact Wendy Dearringer Walden University In counseling‚ the use of micro-skills such as disclosure‚ proxemics‚ and eye contact helps to strengthen the therapeutic relationship‚ which in turn generates a more positive counseling outcome. These skills are used as non-verbal cues of communication‚ and develop a positive rapport within the counseling session. Disclosure‚ often termed
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