Explanation on economics system attempt to allocate resources effectively. 2 b) Assessment on the impact of fiscal and monetary policy on business organisation and their activities. 9 c) Explain Malaysian competition policy and other regulation that may impact company. 15 TASK 2 17 a) Explanation on how market structures determine pricing and output decision of business. 17 b) Illustration on the way in which market forces shape organisational responses. 20 c) Judgement on how business and cultural environments
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1.describe the social‚ economic and cultural factors that will impact on the lives of children and young people (unit 7) There are many social‚ economic and cultural factors that will impact on the lives of the children and young people that we may work with. Personal choice – Some families decide that they do not wish to live or act in away in which is viewed as outside the ’ social norm ’‚ for example such as being travellers or a child having same genders parents. The outcome of this
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The Civil War left our nation in ruins in several areas. The many mixed feelings of what it did to us as a people and our nation have been felt for many years since its end in 1865. It not only abolished slavery but also effected the industries‚ exports‚ and technology throughout the country. Although the Civil War was primarily a conflict fought between the North and South over slavery‚ it was a turning point that greatly influenced the economy of both regions- both then and today. The Northern
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Business and the Economic Environment Macroeconomics The study of the whole economy The study of macroeconomics is primarily concerned with the total level of spending/demand and production/supply employment and unemployment levels rate of interest and inflation exchange rate In effect‚ it is concerned with making the most efficient use of an economy’s resources The Circular Flow of Income The circular flow of income‚ shown below‚ illustrates the interrelationship between the main parts
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c Impact Manchester United’s Economic Impact By Dalton Truax For Mike Pearson Sports Marketing & Management 28 February 2013 Introduction Manchester United is the most valuable sports club to exist so surely the club must make the city a lot of money every year‚ right? Soccer is the most popular sport in the world‚ and the most popular soccer club in the world is Manchester United. There is no denial that Manchester United has had a huge cultural impact as
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Education in Nazi Germany – Change and Continuity Assessment When Hitler became Chancellor of Nazi Germany‚ in 1935‚ he proposed many changes in education and throughout the country. He believed that these changes would influence people and indigenise them of his beliefs and reforms that should happen in the country – to praise his glory and make Germany the most powerful country and its rule to continue forever. One of these integral changes was education. Hitler strongly believed that
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Unemployment and it’s situation in asia: Introduction: Statement of problem: Unemployment is the number of employees who are at least 16 years old‚ who are not working‚ and who have been trying to find a job. Lacking a job often means lacking social contact with fellow employees‚ lack of self-esteem‚ mental stress and illness‚ and of course the inability to pay bills and to purchase both necessities and luxuries. These effects are especially serious for those with family obligations‚ debts
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ways after the American Revolution‚ the economic‚ political‚ and social conversions are viewed to be the most dramatic. The American Revolution was the war between the American colonies and Great Britain from 1775-1783 . Most consider this war not to be a nationalist revolution‚ in which the aim of the revolutionaries was to overturn the existing system‚ but rather to set up the North American colonies as an independent nation. There were extensive economic problems and modifications after the American
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The profound economic change that occurred in the early 1900’s was largely influenced and formed by the industrial revolution‚ in particular the second wave that occurred in the late 1800’s. The revolution as a whole resulted in the change from economies based on agriculture and farming‚ to industry based profits. This second wave of the revolution not only refined and improved the prior inventions of iron and coal‚ but brought with it new highly developed technologies such as steel‚ electricity
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Economic and Political Systems of the Zulu Culture Zulu Economy: Rural Zulu raise cattle and farm corn and vegetables for subsistence purposes. The men and herd boys are primarily responsible for the cows‚ which are grazed in the open country‚ while the women do most‚ if not all‚ of the planting and harvesting. The women also are the owners of the family house and have considerable economic clout within the family. In the urban areas of South Africa‚ Zulu‚ and in fact all Africans‚ are limited
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