POB SBA GUIDELINES – ADDITIONAL DETAILS 1. Conceptualize a business idea and talk about it with friends and families to determine its viability. Think of all the aspects - money‚ where‚ what type‚ good or service‚ employees‚ marketing‚ laws‚ ethics‚ technology‚ etc. 2. Obtain a copy of the actual guidelines in the Syllabus as given by CXC. 3. Pay special attention to the marks allocated to each part‚ the word limit‚ the presentation requirements and the deadlines as given by your teacher. 4. Determine
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CSEC Economics SBA Title of Project A comparative study of the demand for KFC and Japs at a particular high school between the period September 5 and 26‚ 201 1 Comments The Title The title of the project was clearly stated. It was a micro-economic topic and was appropriate for this level. The full two marks were awarded. Purpose of the Project. Three objectives were adequate although seven were listed. The full three marks were awarded. Collection of Data Five sources of data collection
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Economics and Managerial Economics Economics may be defined as a branch of knowledge dealing with allocation of scarce resources among competing ends. Managerial Economics may be defined as application of eco for problem solving at corporate level. Factors affecting Managerial decision Often only pure logic does not contribute to decision making Human Factor Human behavioral considerations often influences a manager into compromising or moderation a decision which would otherwise have made
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1. What do you understand by Managerial Economics? Give Definition and meaning of Managerial Economics. Economics is the branch of Knowledge that deals with how the scarce resources can be used to produce valuable goods and services and distribute them efficiently among different classes of people in the society. What is Managerial Economics? Douglas - “Managerial economics is the application of economic principles and methodologies to the decision-making process within the firm or organization
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What is Economics? Economics is the study of the production and consumption of goods and the transfer of wealth to produce and obtain those goods. Economics explains how people interact within markets to get what they want or accomplish certain goals. Since economics is a driving force of human interaction‚ studying it often reveals why people and governments behave in particular ways. There are two main types of economics: macroeconomics and microeconomics. Microeconomics focuses on the actions
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Establishing A Business: PRODUCTION Pastry Palooza Name: Andrew Emanuel Subject: Principles of Business: School: York Castle High School: Centre Number: 100131 Territory: Jamaica Acknowledgement Firstly I would like to show gratitude to my teacher Mrs. Hill which planted the knowledge which I needed to start and complete this S.B.A in my mind. All of this could not have been possible without her. I even so would
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A. Description of the Business The proposed business is a small security firm called ‘Cscarsis Security Traders & Co’‚ and would be a partnership in 2013 having a full twenty partners. This enterprise is in the tertiary sector as we offer services and not products. ‘Cscarsis & Co.’s objectives are to offer onsite security personnel to individuals‚ groups‚ businesses‚ and at events. Cscarsis aims to maintain an excellent service quality and rival the competition. Mission Statement of our
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ECONOMICS CHAPTER 1 ECONOMIC WAY OF THINKING SCARE RESOURCES WEALTH OF THE NATIONS ECONOMICS: ADAM SMITH STAR CITY Scarcity Scarcity is the basic and central economic problem confronting every society. It is the heart of the study of economics and the reason behind its establishment. Authors have defined scarcity in various way some if which are complexly stated. One author defines scarcity as a commodity or service being in short supply‚ relatives to its demand (Kapur
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DEPENDENCY THEORY: - Economic development theorists over the last few centuries have developed models for explaining the “undeveloped-ness” of countries in the third world countries. From Durkheim to the International Monetary Fund (IMF)‚ we have‚ time after time‚ come to witness the rise and fall of development theories and their explanations for the predicament that many poor countries face. Dependency theory has (more so than others) lasted a great deal of time in the framework of the international
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Investment within a country can be seen as a vital component in terms of promoting economic prosperity. This essay is going to outline the importance of investment in terms of current and future economic activity by examining the effect of investment on growth and employment. The importance of the ability of the South African government to differentiate between private and public investment will be addressed by the use of a graph illustrating the investment rates of the private and public sectors
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