services‚etc. 4.retailers offer an assortment of merchandise to facilitate choice for selection of goods to consumers. FUNCTIONS OF RETAILERS:- 1.Providing an assortment of products and services 2.breaking the bulk into smaller quantities 3.holding inventory stock 4.provide certain additional services 5.increase the value of products and services the various functions performed by the retailers will: FROM THE CUSTOMER ’S PERSPECTIVE:-Retailer will help to ensure that the products required
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and protected our personal freedoms from government interference. For centuries‚ governments have tried to regulate information thought to be inappropriate or offensive. Today’s technology has given the government an excuse to interfere with free speech. By claiming that radio frequencies are a limited resource‚ the government tells broadcasters what to say and what not to say. The FCC (Federal Communications Commission) carefully monitors news‚ public‚ and local programming for what they consider
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the history of economics the causes of inflation and the definition of inflation itself remained as an unresolved issue. There is a general agreement that‚ in the long-run‚ inflation is a monetary phenomenon. In short-run‚ however‚ many other factors could cause inflation that instigates unsettled debate on the causes of inflation. Every school of economists tries to define inflation and explain the causes of inflation in their own way. The heterogeneity of views on inflation does not only exist
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TUTORIAL 1 (Chapter 1) WHAT DOES IT MEAN TO BE A LEADER? Leadership is defined as an influence relationships among leaders and followers who intend real changes and outcomes that reflect their shared purposes. Major research approaches include • Great Man theories‚ • behavior theories‚ • situational theories‚ • influence theories‚ and • relational theories. Today’s leadership involves the shift • from stability to change and crisis management‚ • from
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Immigration and the economy has and will continue to be a huge issue in America. This paper will be an exploration into the impact illegal immigration has on the United States economy. The paper will discuss the effect low skilled undocumented workers have on native workers wages‚ the economies GDP and fiscal impact. The American dream is a term used to describe hope and aspirations that immigrants have coming to the United States‚ whether legal or illegal. Illegal immigration does have undeniably
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the market demand curve is given by QD=15-8P and the market supply curve QS=2P‚find the equilibrium price & quantity graphically & mathematically. 2.Suppose the technology to manufacture computers improves but due to some recession in the economy ‚the income of the consumer falls. Assuming computers to be normal good‚ what will be the equilibrium price & quantity for computers in this case? 002 1. Managerial economics helps in decision making in the framework of uncertainty & scarcity
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THE THIRD-VARIABLE PROBLEM Correlational data are frequently misinterpreted‚ especially when presented by newspaper reporters‚ talk-show hosts‚ or television newscasters. The Most common problem in interpreting correlations is Third-Variable Problem. A correlation simply indicates that there is a weak‚ moderate‚ or strong relationship (either positive or negative)‚ or no relationship‚ between two variables. When interpreting a correlation‚ it is also important to remember that although the correlation
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the one of him taken before as the sample. Most of us think that fingerprint recognition is way more secure‚ and accordingly freedom enhancing than using keys or passwords. But does that really fit the reality? To figure out this‚ it is important to determine to what extent does fingerprint recognition enhance or limit our freedom. Because‚ the usage of fingerprint recognition‚ today is growing and growing. For example‚ the time attendance machine with built-in fingerprint recognition or door lock
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The five major variables of project management are essential in pretty much every project. Time which would is the amount of time required to complete the project. Typically it is broken down into the time required to complete the components of the project. This is then broken down into the time required to complete each task contributing to the completion of the project. Then there is cost which will typically be determined by the consultant or contractors hourly rate multiplied by an estimated
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What Does Congress Do? In order to best explain what Congress does‚ we can use the analytical lenses of constitutionalism‚ institutionalism and behavioralism. Before we can discuss what Congress does‚ it is important to understand the basic make up of our legislative body. We can view the basic makeup of Congress within the view of Constitutionalism. The United States Constitution provides the structure of our legislative body. It gives us a bicameral legislature. This means that we have
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