Importance of National Income Statistics There are several important uses of national income statistics and‚ therefore‚ there is great need for their regular preparation. National income estimates provide not only a single figure showing the national income‚ but also supply the detailed figures in regard to the various components of the national income. It is both the figure of national income and the details regarding its various constituents that throw light on the functioning and performance
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Is Profit Maximisation always the major objective of a firm? The production of goods and services in our economy today takes place within organisations‚ whether in the centrally planned economy or free market economy. Any firm within these societies all have the same tendencies to acquire a successful business. Attaining this succession through mission statements‚ goals and objectives is simultaneous through all businesses. Changes in these objectives can have forcible effects on the decisions
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Authority Authority means the legitimate or acceptable use of power. “If an order given by a leader to a member of his group is accepted by the member and controls his activity in the group‚ then the order is said to carry authority” C.I Barnard Authority means the ability to control the behavior of others. Authority is a symbolic reality and it is the ability to influence person’s actions in a desired direction without resorting to force. The most important earthly influence in a person ’s life
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Argument Analysis Worksheet Part I: Terms and Definitions • A statement is any unambiguous declarative sentence about a fact (or non-fact) about the world. It says that something is (or isn’t) the case. • An argument is a series of statements meant to establish a claim. • A claim or conclusion is the statement whose truth an argument is meant to establish. • A statement’s truth value is either true or false. o All statements have a truth value. A statement is false when what
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IMPORTANT PEOPLE REGION I -2012951196975Enriqueta de Peralta July 15‚1882 was born in Dingras‚ Ilocos Norte An Ilocana poet who is a known advocate of women’s rights and issues. Peralta was a social worker and was an active member of various organizations‚ which included Dingras Women’s Club‚ Ilocos Norte Women’s Club‚ and the Provincial Women’s Club of Ilocos Norte. Peralta worked hard for the passage of a legislation that grants Filipino women the right to vote. She also proposed the celebration
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WHAT ARE COSTS AND PROFITS? HUNGRY HELEN’S COOKIE FACTORY • Helen‚ the owner of the cookie factory‚ buys flour‚ sugar‚ flavorings‚ and other cookie ingredients. • She also buys the mixers and the ovens and hires workers to run the equipment. • She then sells the resulting cookies to consumers. 2 TOTAL REVENUE‚ TOTAL COST‚ AND PROFIT • The amount that Helen receives for the sale of its output (cookies) is its total revenue. • The amount that the firm pays to buy inputs (flour‚ sugar‚ workers
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enhanced when many of its people question authority. Originated from Ancient Greece‚ modern civilization tends to glorify democracy over authoritarianism. Thus‚ people are drawn to express their opinion about the way their rulers lead their societies. While questioning authority could be regarded as confusing and dangerous for a country’s stability‚ conscious authority questioning improves significantly government’s policies and then‚ people’s welfare. North Korea is one of the most isolated
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the development of capitalism as it allows us to calculate profits (Fischer‚ 2000). According to Pacioli‚ the hallmark of a successful business is what he calls the profit motive. This is the notion that successful business men and women must acknowledge and be influenced by the spiritual aspects of their lives. Or more specifically‚ Pacioli maintained that business people must insist on justice‚ honour‚ and truth‚ elements derived from an almighty being. For Paciloi‚ these three elements ought to
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national income …………………………………………………3 1.2. Overview of issues of National income in the world………………………………………3 SECTION 2……………………………………………………………………………………5 2.1. Definition of national income ………………………..........................................................5 2.2. Factors that determine national income…………………………………………………...6 2.3. Methods to measure national income………………………………………………………6 2.4. Treatment of national income from abroad………………………………………………...8 2.5. Uses of national income statistics
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INCOME TAX Introduction : The income tax is administrated Income Tax Ordinance‚ 1984 and the Income tax Rules‚ 1984 as well as notification made under the Ordinance. The charge of tax of a person depends on its resident ship. Total world Income of a resident is charged to tax in Bangladesh. Where as a non-resident’s Bangladesh income is only charged to tax in Bangladesh. There are seven heads of income. The are salary‚ interest on security‚ house property‚ agriculture‚ business and profession
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