Checkpoint: Money Unit of account: This function of money means that money is used as the common foundation to determinate the prices of goods traded throughout the economy. Unit of account‚ or measure of value‚ means money is functioning as the measuring units for prices. In other words‚ prices of goods are claimed in terms of a common monetary unit. Unit of account lends meaning to losses and profitability. Currencies are usually used as a unit of account but objects can also be used‚ such
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Diana Carter Sociology 201 Bureaucracy and its Characteristics According to the Webster’s dictionary bureaucracy is a complex structure of office‚ tasks‚ and rules in which employees have specific responsibilities and work within a hierarchy of authority. Bureaucracy is all around us. Bureaucracies are found in our government‚ corporations‚ schools‚ and the everyday workforce in general. All bureaucrats answer to the chain of command that keeps responsibilities and assignments in order to
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Skills & Characteristics of Mental Health Human Services Workers BSHS/471 December 24‚ 2013 Skills & Characteristics of Mental Health Human Services Workers Personal characteristics of a human services professional can be both essential and detrimental for success. Essential characteristics of a professional do not make the job easier. However‚ they create a higher tendency for the professional to work successfully with clients. An open-minded professional recognizes differences between themselves
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DECLARATION I‚ JINET JOSE‚ Student of Rajagiri Business School‚ Kakkanad hereby declare that the report titled‚ “An Analysis of Airtel Money & the factors influencing its spread”‚ is a bonafide record of the project work done by me‚ for BHARTI AIRTEL‚ CHENNAI during the period of 8th April 2013 - May 30th 2013 as a part of my PGDM programme at Rajagiri Business School. This study has been undertaken in the partial fulfilment of the requirement for the award of Post Graduate Diploma
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Andrew West10/24/14 NT1110 HK 5 Purposes‚ Functions‚ and Characteristics of a CPU Although most tech-savvy people know that the Central Processing Unit is one of the components in the computer‚ but not many people understand what a CPU actually does. Infact most people would not even know what CPU stands for‚ if you asked them today. The CPU‚ or microprocessor‚ stands for Central Processing Unit. It is a very suitable name because it describes exactly what it does in the computer. The CPU processes
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association of two or more individuals to carry on a business for profit. Many small businesses including retail‚ service‚ and professional practitioners‚ are organized as partnerships. Like the other types‚ partnership contains its own features and characteristics which help to differentiate itself from the others. First of all‚ in terms of the number of partners‚ there are no less than two partners who are joint owners of the company and carry out business. In addition to general partner‚ there may also
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Money Market (Money and Banking) What is Money? A financial asset with the following functions: Medium of exchange: An asset that individuals acquire for the purpose of trading rather than for their own consumption. A store of value: Means of holding purchasing power over time A measure of value (unit of account): Measure used to set prices and make economic calculations 2 What is money? Money is anything that serves as a commonly accepted medium of exchange Money and Income
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To Money Market Content: * Introduction * Meaning * Definitions | INTRODUCTION: The money market is a key component of the financial system as it is the fulcrum of monetary operations conducted by the central bank in its pursuit of monetary policy objectives. It is a market for short-term funds with maturity ranging from overnight to one year and includes financial instruments that are deemed to be close substitutes of money. The money market performs three broad functions. One‚ it
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Demand for Money T 1) Multiple Choice The quantity theory of money is a theory of (a) how the money supply is determined. (b) how interest rates are determined. (c) how the nominal value of aggregate income is determined. (d) all of the above. Answer: C Question Status: Previous Edition 2) Because the quantity theory of money tells us how much money is held for a given amount of aggregate income‚ it is also a theory of (a) interest-rate determination. (b) the demand for money. (c) exchange-rate
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CHARACTERISTICS OF SERVICES The services have unique characteristics which make them different from that of goods. The most common characteristics of services are: Intangibility. Inseparability. Perish ability. Variability Intangibility Services are activities performed by the provider‚ unlike physical products they cannot be seen‚ tasted‚ felt‚ heard or smelt before they are consumed. Since‚ services are not tangibles‚ they do not have features that appeal to the customer’s senses‚ their
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