that problem aside for the moment‚ let us consider the methods that governments use to record each country’s international transactions. The most widely-used measure of international economic transactions for any country is the balance of payments (BOP). This record attempts to measure the full value of the trans- actions between residents of one country and residents of the rest of the world for some time period‚ typically one year. The balance of payments is a flow concept‚ in that it records flows
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CHIRANJIV BHARATI SCHOOL‚ PALAM VIHAR SESSION 2013-14 WORKSHEET ON INTRODUCTION SUBJECT: ECONOMICS CLASS: XII Previous years (past 3 years) questions 1 Mark Questions Q1: Give meaning of micro economics. Q2: What is opportunity cost? Q3: Define an Economy. Q4 What is market economy? Q5: What is a planned economy? Q6: Give two examples of Micro economic studies. Q7: Define macro economics. Q8 How is production possibility curve affected by unemployment in the economy? Explain. Q9: explain
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chapter presents the existing literature with regards to low income earners or bottom of the pyramid (BOP)‚ barriers to enter the BOP‚ challenges of sustaining business at BOP and success factors for business at BOP. Also it explicates the telecommunication network supporting the business at BOP and the possible synergies through partnerships with business ventures that are typically unaffordable to the BOP. 2.2 Bottom of the Pyramid (Base of the Pyramid) The distribution of wealth and the capacity to
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a specific BOP market segment. • What does the BOP market lack in the specific country? • What are the health issues that plague the area? • Are the BOP communities self sustainable or do they rely on expensive services from outside sources? • What do the BOP value? • What kind of entertainment does the BOP enjoy? • What does the BOP do for extra curricular activities? • How far will the BOP travel to get products they desire? • What form of transportation does the BOP use? • Does
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paper on Macroeconomic issues “INFLATION TREND IN NEPAL CAUSES AND REMEDIES” (For the partial fulfillment of requirement of MBA program) January‚ 2014 1. What is Inflation?? Inflation is the situation of the market disequilibrium in which prices of most of the goods and services persistently rise and the value of the money fall accordingly for relatively longer period of time. Inflation occurs when the amount of the money the purchaser of goods and services want to spend
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analyzes the concepts of partnership‚ innovation and poverty alleviation in the Base-of-the-Pyramid (BoP) theory and its intersection with the literature on International Development. It contributes to the understanding of sustainability and development by pointing out the complementarities and limitations for each concept. We conclude the paper pointing out the potential contribution of BoP strategies for achieving eradicating poverty and reaching sustainable development. 1. Introduction
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Technology‚ Ranchi‚ India Email: mridanishjha@gmail.com ABSTRACT This article present insight into the nature and characteristics of BOP markets‚ the challenges that organization will encounter when venturing into them and the strategies to counter these challenges. In the recent past‚ there has been an interest in marketing to the Bottom of the Pyramid (BOP) market and several successful initiatives have shown that the poor can be served equitably and profitably by developing specific marketing
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of the pyramid (BOP) proposition‚ where private companies can both be profitable and help alleviate poverty by attending low-income consumers. Design/methodology/approach – The literature on BOP was reviewed and some key elements of the BOP approach were proposed and examined. Findings – There is no agreement in the literature about the potential benefits of the BOP approach for both private companies and low-income consumers. However‚ further research on characterizing the BOP segment and finding
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unique characteristics of the composition of the BOP market. It also explains how typical and traditional business and market-based solutions are not applicable in leading poverty reduction AND economic development of those poor countries. The big multinational firms‚ NGOs and any sector interested in helping must first realize how peculiar the BOP market is and how misconceived it can be: even if extremely poor and virtually without money‚ the BOP offers incredible potential because the population
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Jazz in American Culture: Bop and Cool Jazz Jazz music has developed into a complex and extraordinary phenomenon since its advent in the early twentieth century. This unique and sociocultural music movement developed many variations‚ each bringing to light talented musicians characterized by a particular technique or style of play. The audiences for each individual style of music were constantly evolving with their respective cultures‚ finding themselves gradually integrating this more foreign
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