are more leaned towards the use of new media like the use of smart phones‚ IPad’s and Laptops‚ as it helps them multitask. Thinking of the older generations‚ i.e. grandparents and their time‚ they did not support new media as much as younger generations do it today. According to grandparents‚ studying from books‚ reading‚ and writing with pen and paper is the right way of studying. Using new media like IPad’s‚ laptop and smartphone‚
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universities. The students may either find a job after leaving their school or further their studies in university. Some of the well to do students may opt for foreign universities. But there are advantages and disadvantages while students pursuing their studies in foreign universities. The advantage of pursuing studies in foreign universities is‚ they have better exposure and wider knowledge. Foreign universities are prestigious and reputable. They hired experienced lectures to teach the students
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What are the differences between absolute advantage and comparative advantage? Absolute advantage and comparative advantage are two basic concepts to international trade and perhaps two most important concepts in international trade theory. Under absolute advantage‚ one country can produce more output per unit of productive input than another. With comparative advantage‚ if one country has an absolute (dis)advantage in every type of output‚ the other might benefit from specializing in and exporting
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of the brightest students in the world‚ showed how technology has begun to affect the learning processes of students. This is believed to be because students oftentimes find themselves multitasking‚ and in a classroom setting where devices such as laptops are allowed and other times required‚ it is hard for students to focus on what their supposed to. A study performed by a professor at the University of Stanford proved this theory to be true and showed students themselves how their multitasking is
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LAPTOPS V/S HAND-HELD DEVICES IN B-SCHOOLS- STUDIES ON USAGE‚ PREFERENCE AND BEHAVIOR PATTERNS Neeraj Kumar; Rekha Makhija; Prashant Iyer and Mohamed Sheriff Ameer neeraj.gjan14@spjain.org S P Jain School of Global Management | Dubai ∙ Singapore ∙ Sydney ABSTRACT: Today’s market has so many gadgets that consumers are almost spoilt for choice. Also a bulk of the consumers who are students have difficulty in choosing between laptops or handheld devices like smart phones and tablets for their
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I have chosen the Comparative Advantage Theory for my key term to discuss. I chose this term because it has a great importance on world trade clearly help shape the pattern of world trade‚ and also to get a better understanding of the concept. Comparative Advantage is the benefit or advantage of an economy to be able to produce a commodity at a lesser opportunity cost. According to Satterlee (2009)‚ opportunity cost is the value of what had to be given up‚ or forgone‚ to consume or achieve the object
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The Absolute Advantage concept is generally attributed to Adam Smith for his 1776 publication An Inquiry into the Nature and Causes of the Wealth of Nations in which he countered mercantilist ideas. Adam Smith argued that it was impossible for all nations to become rich at the same time by following mercantilism because the export of one nation is another nation’s import and instead stated that all nations would gain simultaneously if they practiced free trade and specialized in accordance with their
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2007 / 01:24 Comparative Advantage and Efficient Advertising in the Attention Economy Bernardo A. Huberman and Fang Wu HP Labs‚ Palo Alto‚ CA 94304 November 3‚ 2006 Abstract We analyze the problem that enterprises face when having to decide on the most effective way to advertise several items belonging to their inventories within the company’s webpages. We show that the ability to arbitrarily partition a website among items leads to a comparative advantage among webpages which can be
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Mechanical advantage is a measure of the force amplification achieved by using a tool‚ mechanical device or machine system. Ideally‚ the device preserves the input power and simply trades off forces against movement to obtain a desired amplification in the output force. The model for this is the law of the lever. Machine components designed to manage forces and movement in this way are called mechanisms. An ideal mechanism transmits power without adding to or subtracting from it. This means the ideal
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Discuss what is meant by sustainable competitive advantage Sustainable competitive is what all the companies want to gain it and maintain it‚ it can let the company to keep the position of market leadership and let the company be successful. Evans et al. (2003‚ p.225) states that “no advantage is sustainable for ever‚ as competitors will seek to imitate it. “It has told that a sustainable competitive advantage it should be unique and can’t be copy easily by the competitors‚ also Evans et
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