change in quantity consumed. Graphically‚ elasticity can be represented by the appearance of the supply or demand curve. A more elastic curve will be horizontal‚ and a less elastic curve will tilt more vertically. When talking about elasticity‚ the term "flat" refers to curves that are horizontal; a "flatter" elastic curve is closer to perfectly horizontal. At the extremes‚ a perfectly elastic curve will be horizontal‚ and a perfectly inelastic curve will be vertical. Price elasticity of demand‚
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Footprinting The phases of an attack 1. Reconnaissance Information gathering‚ physical and social engineering‚ locate network range 2. Scanning - Enumerating Live hosts‚ access points‚ accounts and policies‚ vulnerability assessment 3. Gaining Access Breech systems‚ plant malicious code‚ backdoors 4. Maintaining Access Rootkits‚ unpatched systems 5. Clearing Tracks IDS evasion‚ log manipulation‚ decoy traffic Information Gathering 1. Unearth initial information What/ Who is
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Forecasts: Executive opinions Sales force Composite Consumer surveys Outside opinion Opinions of managers/staff Delphi technique Time Series Forecasts Level-Long-term “base” of the data Trend- long-term upward or downward movement in data Seasonability- short-term regular variations in data at constant time intervals Cyclicity- long term variations due to economic cycle Random variations- Caused by chance. Unpredictable- not subject to modeling. T = Index for any time period At = Demand
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NB: when discussing globalisation some sources discuss remote events such as setting up of East India Company. As term ‘developing countries’ is used students should focus on modern post-colonial era – probably shouldn’t go further back than 1960s |Advantages |Disadvantages | |Multinational companies (MNCs) have more opportunities for Foreign |MNCs tend to use cheap labour – many jobs
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Q5 We read a BBC article entitled “Can Aid do more harm than good.” In this article why was “simplifying” the problem (as being about famine ) harmful to solving the real problem? Give just one of the reasons. It distracts us from focusing on long term and or preventative solutions Q6 Give 2 reasons why we might be surprised that Africa is under developed when many of its countries seem to have several advantages. Close Access to Western markets‚ cheap labour‚ natural resources Q7 Give reasons
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Drew Galloway October 8th 2014 BMGT 1101 Apple Inc. Apple is an extraordinary company. The company was founded by Steve Jobs‚ Steve Wozniak‚ and Ronald Wayne on April 1st 1976. The whole purpose of Apple was‚ to develop and sell personal computers. It has come a long way from a small owned business into a multinational corporation. After the death of Steve Jobs the company had to hire a new CEO‚ Tim Cook. Tim Cook was the complete opposite of Steve Jobs. Steve Jobs was very loud and unpredictable
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1976–80: Founding and incorporation The Apple I‚ Apple’s first product‚ was sold as an assembled circuit board and lacked basic features such as a keyboard‚ monitor‚ and case. The owner of this unit added a keyboard and a wooden case. Apple was established on April 1‚ 1976‚ by Steve Jobs‚ Steve Wozniak and Ronald Wayne[1] to sell the Apple I personal computer kit‚ a computer single handedly designed by Wozniak. The kits were hand-built by Wozniak[24][25] and first shown to the public
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a vehicle for publishing books that reflect changes and developments in the curriculum‚ that encourage the introduction of courses on actuarial science in universities‚ and that show how actuarial science can be used in all areas where there is long-term financial risk. ACTUARIAL MATHEMATICS FOR LIFE CONTINGENT RISKS D AV I D C . M . D I C K S O N University of Melbourne M A RY R . H A R D Y University of Waterloo‚ Ontario H O WA R D R . WAT E R
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Friendly Cards‚ Inc. Statement of the problem: Amy McConville‚ a friend and financial consultant of Wendy Beaumont‚ the president of Friendly Cards Inc.‚ needs to come up with some suggestions concerning the financing of Friendly’s expansion. Amy has been doing research on the firm and money is tight right now. The cost of financing growth right now is high and Friendly Card’s is projecting 20% growth in sales next year and even more the following year. The company has never been without
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U.S. History Europe England: Economics – enclosure o Economy began to revive o Enclosure: property owners fence off land for grazing Squatters kicked off Hiof land => landless population o Colonies = solution for landless peoples Merchant capitalism o Merchants in look for investment opportunities Development of joint-‐stock companies Nationalism o Spain = Britain’s greatest rival o Defeat of Spanish
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