The main functions of the central bank: The central bank control the issue of notes and coins The power to control the amount of credit-money created by banks Central bank has also some control over non-bank financial intermediaries that provides credit It should use Tools and instruments of monetary policy in order to control: credit expansion‚ liquidity and the supply money. The central can act as the lender of last resort in order to prevent crises to protect depositors‚ widespread panic
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five main categories: (a) To inform - e.g. tell customers about a new product (b) To persuade - e.g. encourage customers to switch to a different brand (c) To remind - e.g. remind buyers where to find a product (d) To adding value - e.g. cost and benefit analysis in customers mind (e) To assisting other company efforts - e.g. increase brand preference and loyalty‚ expand the product distribution‚ reduce overall sales cost‚ Creates new demands etc. To Inform The main function
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“Taylorism”: main features‚ criticisms and modern applications Introduction Taylor first develops the Taylorism in early 20th century‚ this system also known as “Scientific Management”. Taylor believes that the fundamental purpose of business management is to maximise labour productivity in both employee and employer side‚ for the purpose of improve economics efficiency. So according to Taylor himself in The Principles of Scientific Management‚ 1911‚ “The principal object of management should
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described events. The person is a main topic of his books. Maugham considered‚ that the writer should know life well and take part in life of a society. He was the participant of the first and second world wars. His first novel was “Liza of Lambeth”‚ which was written in 1897. This novel was very interesting and he became famous at once. His books often have the tragically end‚ in his books he lifts a lot of problems. At the end of each story he makes the main character make a choice. To make a
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Freudian Psychology: The Main Ideas Psychoanalysis is Sigmund Freud’s work‚ thought to be created between 1900 and 1939‚ which still is a very vibrant thread in history and psychology today. According to Sigmund Freud the unconscious mind is a reservoir of repressed impulses and desires in your mind‚ while you may be completely awake you are still unaware of the mental processes that are taking place. Though the repressed impulses control the way we think‚ act‚ and above all feel. Freud also
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Notes! I. Causes of the French Revolution 1. International: struggle for hegemony and Empire outstrips the fiscal resources of the state 2. Political conflict: conflict between the Monarchy and the nobility over the “reform” of the tax system led to paralysis and bankruptcy. 3. The Enlightenment: impulse for reform intensifies political conflicts; reinforces traditional aristocratic constitutionalism‚ one variant of which was laid out in Montequieu’s Spirit of the Laws; introduces new notions
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The following essay looks at the main drivers stimulating globalisation and how they impact on global strategies. Globalisation is about the increased interaction and linking of world societies and there economies. The world economy is now more closely linked than ever through global markets and the global organisation of the production of goods and services. “Globalisation is a process in which the world appears to be converging economically‚ politically and culturally. Globalisation is seen
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of different things that could have helped this economic down time increase its ruining of the American dream‚ the question comes to mind of just what the specific causes were that held down the fight to uplift the Great Depression? What were the main causes of the Great Depression and how did they affect the path of this enormous depression? The Stock Market Crash of 1829
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Economics Department of Management and Business Essay The main function of the fiat money Subject: Finance money and credit Done by: The second-year student of the department of Management and Marketing Yaroslav Buha Kharkiv 2013 The main function of the fiat money The fiat money has a long history
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asserted that the issue of recycling in modern times is very important. Recycling makes participants feel fine‚ and is considered by some to be a moral responsibility‚ which has become a ‘social norm’ (BIEC‚ 1997). This essay will try to demonstrate three main benefits of recycling including its important role in economies‚ environment and energy-saving. Recycling generates substantial economic benefits and it has made a vital contribution to job creation and economic development. A great illustration of
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